ING GROEP N.V. ING
SPONSORED ADR · ADR · CUSIP 456837103 · ISIN US4568371037
Dutch multinational banking and financial services corporation
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.38. Options: 15 managers hold calls ($75.1m notional), 12 hold puts ($28.7m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 298 |
| Q4 2022 | 315 |
| Q1 2023 | 336 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 154 | 130 |
| Q1 2023 | 171 | 142 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $39.9m | $29.0m | 0.73 |
| Q4 2022 | $67.1m | $27.4m | 0.41 |
| Q1 2023 | $75.1m | $28.7m | 0.38 |
Biggest buyers
| ENVESTNET ASSET MANAGEMENT INC | Added | +6.5m |
| FMR LLC | Added | +4.2m |
| BANK OF AMERICA CORP /DE/ | Added | +2.6m |
| Fisher Asset Management, LLC | Added | +1.6m |
| Qube Research & Technologies Ltd | New | +1.4m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +723.5k |
| CITADEL ADVISORS LLC | Added | +674.6k |
| COOKSON PEIRCE & CO INC | New | +669.1k |
| Optiver Holding B.V. | Added | +609.7k |
| GOLDMAN SACHS GROUP INC | Added | +482.1k |
Biggest sellers
| MUFG Securities EMEA plc | Sold out | -7.5m |
| Capital International Investors | Reduced | -2.8m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -2.5m |
| JANE STREET GROUP, LLC | Reduced | -2.0m |
| Philadelphia Financial Management of San Francisco, LLC | Sold out | -843.4k |
| CAMBIAR INVESTORS LLC | Reduced | -494.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -485.8k |
| BANK OF MONTREAL /CAN/ | Reduced | -465.2k |
| ROYAL BANK OF CANADA | Reduced | -424.7k |
| JPMORGAN CHASE & CO | Reduced | -313.7k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $18.2m1.5m shares |
| Optiver Holding B.V. | Added | $17.8m1.5m shares |
| NOMURA HOLDINGS INC | New | $16.7m1.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.6m637.5k shares |
| Walleye Trading LLC | Reduced | $5.9m498.5k shares |
| CITADEL ADVISORS LLC | Added | $2.7m227.3k shares |
| GROUP ONE TRADING LLC | Reduced | $2.5m210.8k shares |
| SIMPLEX TRADING, LLC | Added | $2.0m171.5k shares |
| Twin Tree Management, LP | Added | $1.1m89.0k shares |
| PEAK6 Investments LLC | Reduced | $373.9k31.5k shares |
Biggest puts
| Optiver Holding B.V. | Added | $10.0m842.5k shares |
| CITADEL ADVISORS LLC | Added | $4.3m361.2k shares |
| Walleye Trading LLC | Reduced | $3.8m322.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.3m279.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.4m200.0k shares |
| Twin Tree Management, LP | Unchanged | $1.8m151.5k shares |
| GROUP ONE TRADING LLC | Added | $1.7m139.3k shares |
| Squarepoint Ops LLC | New | $1.1m89.1k shares |
| WOLVERINE TRADING, LLC | New | $293.0k24.7k shares |
| HAP Trading, LLC | New | $36.0k18.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| Fisher Asset Management, LLC 0.40% of their portfolio | 55.1m $653.9m | Added +1.6m |
| FMR LLC 0.00% of their portfolio | 9.2m $109.1m | Added +4.2m |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 8.1m $19.1m | Added +6.5m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 8.0m $95.1m | Added +482.1k |
| MORGAN STANLEY 0.01% of their portfolio | 7.4m $87.6m | Added +88.2k |
| Aristotle Capital Management, LLC 0.17% of their portfolio | 7.0m $82.6m | Added +163.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 6.6m $78.1m | Added +2.6m |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 4.3m $50.9m | Reduced -424.7k |
| MBB PUBLIC MARKETS I LLC 2.11% of their portfolio | 3.1m $36.4m | Added +472.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.0m $35.3m | Added +206.6k |
| BlackRock Inc. 0.00% of their portfolio | 2.9m $34.6m | Added +70.5k |
| TODD ASSET MANAGEMENT LLC 0.68% of their portfolio | 2.4m $28.3m | Added +19.2k |
| CAMBIAR INVESTORS LLC 1.17% of their portfolio | 2.3m $27.2m | Reduced -494.3k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.46% of their portfolio | 1.6m $19.2m | Added +341.8k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 1.4m $16.4m | New |
| Optiver Holding B.V. 0.71% of their portfolio | 1.3m $15.4m | Added +609.7k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.15% of their portfolio | 1.2m $14.8m | Unchanged |
| HighTower Advisors, LLC 0.03% of their portfolio | 977.8k $11.6m | Added +22.4k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 965.1k $11.5m | Reduced -48.2k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 888.0k $10.5m | Added +674.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 885.5k $10.5m | Reduced -485.8k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 878.1k $10.4m | Reduced -465.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 822.3k $9.8m | Added +723.5k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 813.7k $9.7m | Reduced -39.3k |
| GUARDIAN CAPITAL ADVISORS LP 1.18% of their portfolio | 813.4k $10.3m | Reduced -5.4k |
| CITIGROUP INC 0.01% of their portfolio | 800.6k $9.5m | Added +137.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 790.8k $9.4m | Added +126.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 772.7k $9.2m | Added +26.8k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.15% of their portfolio | 763.9k $9.1m | Reduced -3.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 757.4k $9.0m | Reduced -139.8k |
| Quinn Opportunity Partners LLC 0.88% of their portfolio | 692.0k $8.2m | Added +20.0k |
| COOKSON PEIRCE & CO INC 0.51% of their portfolio | 669.1k $7.9m | New |
| Boston Common Asset Management, LLC 0.13% of their portfolio | 531.0k $6.3m | Reduced -61.6k |
| BRIDGES INVESTMENT MANAGEMENT INC 0.22% of their portfolio | 522.1k $6.2m | Added +52.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 514.6k $6.1m | Added +35.2k |
| Lorne Steinberg Wealth Management Inc. 2.29% of their portfolio | 483.2k $5.7m | Reduced -92.0k |
| Capital International Investors 0.00% of their portfolio | 481.6k $5.7m | Reduced -2.8m |
| UBS Group AG 0.00% of their portfolio | 481.5k $5.7m | Added +26.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 476.8k $5.7m | Added +202.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 399.7k $4.7m | Added +48.2k |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 394.8k $4.7m | Reduced -128.5k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.51% of their portfolio | 366.9k $4.4m | Reduced -16.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 337.1k $4.0m | Added +337.1k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 324.4k $3.9m | Added +8.7k |
| Federation des caisses Desjardins du Quebec 0.04% of their portfolio | 308.5k $3.7m | Reduced -6.2k |
| Dubuque Bank & Trust Co 0.47% of their portfolio | 308.2k $3.7m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 307.1k $3.6m | Reduced -2.5m |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 260.5k $3.1m | Added +836 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 254.0k $3.0m | Reduced -164.6k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 239.2k $2.8m | Added +10.3k |
| Ethic Inc. 0.11% of their portfolio | 234.2k $2.8m | Reduced -14.5k |
| Sanders Capital, LLC 0.01% of their portfolio | 231.0k $2.7m | Reduced -1.5k |
| Crossmark Global Holdings, Inc. 0.06% of their portfolio | 229.4k $2.7m | Reduced -7.0k |
| WASATCH ADVISORS LP 0.02% of their portfolio | 225.0k $2.7m | Reduced -120.0k |
| Dorsey Wright & Associates 0.74% of their portfolio | 205.7k $2.4m | Reduced -8.6k |
| STATE STREET CORP 0.00% of their portfolio | 199.5k $2.4m | Added +4.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 198.0k $2.4m | Reduced -313.7k |
| LPL Financial LLC 0.00% of their portfolio | 189.8k $2.3m | Reduced -24.7k |
| LOGAN CAPITAL MANAGEMENT INC 0.11% of their portfolio | 186.8k $2.2m | Reduced -34.8k |
| Mariner, LLC 0.01% of their portfolio | 183.5k $2.2m | Added +15.0k |
| EAGLE GLOBAL ADVISORS LLC 0.14% of their portfolio | 172.0k $2.0m | Reduced -192 |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.03% of their portfolio | 168.8k $2.0m | Added +26.6k |
| SCOTIA CAPITAL INC. 0.01% of their portfolio | 168.0k $2.0m | Added +4.8k |
| Edgestream Partners, L.P. 0.22% of their portfolio | 165.9k $2.0m | Added +124.9k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 157.7k $1.9m | Added +23.2k |
| SIMPLEX TRADING, LLC 0.08% of their portfolio | 157.2k $1.9m | Added +8.1k |
| Integrated Wealth Concepts LLC 0.04% of their portfolio | 154.5k $1.8m | New |
| Cerity Partners LLC 0.00% of their portfolio | 154.4k $1.8m | Added +23.6k |
| Koss-Olinger Consulting, LLC 0.22% of their portfolio | 149.5k $1.8m | Added +3.5k |
| US BANCORP \DE\ 0.00% of their portfolio | 145.4k $1.7m | Added +8.2k |
| ICON ADVISERS INC/CO 0.43% of their portfolio | 144.1k $1.7m | New |
| First Trust Direct Indexing L.P. 0.20% of their portfolio | 144.0k $1.7m | Added +3.5k |
| THOMAS WHITE INTERNATIONAL LTD 0.35% of their portfolio | 141.5k $1.7m | Reduced -133.4k |
| Capital Research Global Investors 0.00% of their portfolio | 128.2k $1.5m | Added +4.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 124.7k $1.5m | Reduced -206 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 123.4k $1.5m | Reduced -67.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 122.5k $1.5m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 121.5k $1.4m | Reduced -77.4k |
| J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio | 119.5k $1.4m | Reduced -3.6k |
| ADVISOR PARTNERS II, LLC 0.08% of their portfolio | 118.9k $1.4m | Added +5.7k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 118.3k $1.4m | Added +22.2k |
| Trexquant Investment LP 0.04% of their portfolio | 116.1k $1.4m | Reduced -109.0k |
| HIGHLAND CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 114.4k $1.4m | Reduced -150 |
| Creative Planning 0.00% of their portfolio | 109.0k $1.3m | Added +24.7k |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 106.0k $1.3m | New |
| Laird Norton Wetherby Wealth Management, LLC 0.07% of their portfolio | 105.7k $1.3m | Added +601 |
| SIGNATUREFD, LLC 0.03% of their portfolio | 100.7k $1.2m | Added +1.1k |
| Camelot Portfolios, LLC 0.79% of their portfolio | 95.6k $1.1m | Reduced -11.1k |
| Northwest & Ethical Investments L.P. 0.04% of their portfolio | 95.5k $1.1m | Reduced -4.6k |
| Twin Tree Management, LP 0.03% of their portfolio | 94.7k $1.1m | Added +91.3k |
| HANTZ FINANCIAL SERVICES, INC. 0.03% of their portfolio | 90.9k $1.1m | Added +7.8k |
| Orion Porfolio Solutions, LLC 0.01% of their portfolio | 88.4k $1.0m | Reduced -1.2k |
| Orion Portfolio Solutions, LLC 0.01% of their portfolio | 88.4k $1.0m | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 87.2k $1.0m | Reduced -485 |
| OVERSEA-CHINESE BANKING Corp Ltd 0.05% of their portfolio | 85.2k $1.0m | New |
| BTC Capital Management, Inc. 0.12% of their portfolio | 84.9k $1.0m | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 84.6k $1.0m | Added +83.4k |
| SYNOVUS FINANCIAL CORP 0.01% of their portfolio | 83.1k $985.9k | Reduced -4.4k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 82.5k $979.3k | New |
| BONNESS ENTERPRISES INC 0.43% of their portfolio | 82.0k $973.3k | Unchanged |