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 ($9.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.49. Options: 10 managers hold calls ($50.8m notional), 7 hold puts ($11.7m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 298 |
| Q4 2022 | 315 |
| Q1 2023 | 336 |
| Q2 2023 | 350 |
| Q3 2023 | 352 |
| Q4 2023 | 394 |
| Q1 2024 | 387 |
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 |
| Q2 2023 | 176 | 134 |
| Q3 2023 | 155 | 162 |
| Q4 2023 | 202 | 130 |
| Q1 2024 | 184 | 187 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $79.9m | $35.0m | 0.44 |
| Q3 2023 | $57.0m | $24.0m | 0.42 |
| Q4 2023 | $62.6m | $19.3m | 0.31 |
| Q1 2024 | $50.8m | $11.7m | 0.23 |
Biggest buyers
| MORGAN STANLEY | Added | +7.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +3.2m |
| GROUPAMA ASSET MANAGMENT | New | +2.5m |
| Fisher Asset Management, LLC | Added | +2.3m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | New | +507.8k |
| FMR LLC | Added | +502.5k |
| WELLS FARGO & COMPANY/MN | Added | +433.6k |
| GTS SECURITIES LLC | New | +404.5k |
| Point72 Asset Management, L.P. | Added | +370.0k |
| CAMBIAR INVESTORS LLC | Added | +303.1k |
Biggest sellers
| Clark Capital Management Group, Inc. | Sold out | -3.1m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.0m |
| COOKSON PEIRCE & CO INC | Sold out | -993.6k |
| Capital International Investors | Sold out | -489.2k |
| OSAIC HOLDINGS, INC. | Reduced | -441.3k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -411.0k |
| Bank of New York Mellon Corp | Reduced | -317.2k |
| HSBC HOLDINGS PLC | Sold out | -302.9k |
| BANK OF AMERICA CORP /DE/ | Reduced | -296.7k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -203.8k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $44.0m2.7m shares |
| Optiver Holding B.V. | Reduced | $3.9m235.1k shares |
| IMC-Chicago, LLC | Added | $760.2k46.1k shares |
| GROUP ONE TRADING LLC | Reduced | $725.6k44.0k shares |
| PEAK6 Investments LLC | New | $681.0k41.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $366.0k22.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $331.4k20.1k shares |
| Twin Tree Management, LP | Unchanged | $28.0k1.7k shares |
| Cutler Group LLC / CA | Reduced | $1.0k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | Added | $7.9m476.3k shares |
| Optiver Holding B.V. | Reduced | $1.8m109.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $963.0k58.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $435.0k26.4k shares |
| IMC-Chicago, LLC | Added | $418.8k25.4k shares |
| CITADEL ADVISORS LLC | Reduced | $201.2k12.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 2024
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 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Fisher Asset Management, LLC 0.51% of their portfolio | 66.0m $1.1bn | Added +2.3m |
| MORGAN STANLEY 0.01% of their portfolio | 22.7m $374.5m | Added +7.4m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 8.5m $140.1m | Reduced -296.7k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 7.6m $124.7m | Reduced -1.0m |
| Aristotle Capital Management, LLC 0.22% of their portfolio | 7.1m $117.7m | Reduced -138.9k |
| FMR LLC 0.01% of their portfolio | 5.3m $87.8m | Added +502.5k |
| LAZARD ASSET MANAGEMENT LLC 0.10% of their portfolio | 4.9m $80.7m | Reduced -99.8k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 4.1m $67.0m | Reduced -86.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 3.3m $54.6m | Added +3.2m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.2m $53.4m | Added +123.4k |
| BlackRock Inc. 0.00% of their portfolio | 3.1m $51.7m | Reduced -95.8k |
| TODD ASSET MANAGEMENT LLC 0.94% of their portfolio | 2.8m $45.8m | Added +227.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 2.6m $42.6m | Reduced -411.0k |
| GROUPAMA ASSET MANAGMENT 0.75% of their portfolio | 2.5m $41.2m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.3m $38.7m | Reduced -34.1k |
| NATIXIS ADVISORS, LLC 0.07% of their portfolio | 1.9m $31.5m | Added +109.1k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.82% of their portfolio | 1.9m $31.3m | Added +253.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.8m $29.1m | Added +433.6k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.25% of their portfolio | 1.7m $28.0m | Added +257.4k |
| CAMBIAR INVESTORS LLC 1.03% of their portfolio | 1.7m $27.5m | Added +303.1k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.1m $17.5m | Added +130.9k |
| HighTower Advisors, LLC 0.03% of their portfolio | 1.0m $16.7m | Added +14.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 764.0k $12.6m | Reduced -25.8k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 753.6k $12.4m | Added +370.0k |
| GUARDIAN CAPITAL ADVISORS LP 1.25% of their portfolio | 733.2k $11.6m | Reduced -27.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 690.2k $11.4m | Reduced -203.8k |
| CITIGROUP INC 0.01% of their portfolio | 682.8k $11.3m | Reduced -43.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 682.2k $11.2m | Reduced -21.6k |
| Pathstone Holdings, LLC 0.05% of their portfolio | 669.6k $11.0m | Added +179.3k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 655.2k $10.8m | Added +80.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 642.6k $10.6m | Added +21.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 641.6k $10.6m | Added +79.3k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 602.1k $9.9m | Reduced -26.8k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 580.4k $9.6m | Added +91.4k |
| BRIDGES INVESTMENT MANAGEMENT INC 0.27% of their portfolio | 522.1k $8.6m | Unchanged |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 507.8k $8.4m | New |
| THORNBURG INVESTMENT MANAGEMENT INC 0.12% of their portfolio | 501.0k $8.3m | Reduced -9.5k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 499.9k $8.2m | Added +12.7k |
| Lorne Steinberg Wealth Management Inc. 2.42% of their portfolio | 470.1k $7.8m | Added +1.0k |
| UBS Group AG 0.00% of their portfolio | 439.0k $7.2m | Reduced -79.6k |
| Cubist Systematic Strategies, LLC 0.08% of their portfolio | 432.6k $7.1m | Added +34.6k |
| Boston Common Asset Management, LLC 0.16% of their portfolio | 417.5k $6.9m | Reduced -49.3k |
| GTS SECURITIES LLC 0.18% of their portfolio | 404.5k $6.7m | New |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 403.9k $6.7m | Reduced -97.5k |
| CAPITAL FUND MANAGEMENT S.A. 0.08% of their portfolio | 393.1k $6.5m | Reduced -57.0k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.05% of their portfolio | 384.6k $6.3m | Reduced -36.5k |
| Quinn Opportunity Partners LLC 0.66% of their portfolio | 355.1k $5.9m | Reduced -173.4k |
| Trexquant Investment LP 0.11% of their portfolio | 341.5k $5.6m | Added +66.5k |
| LPL Financial LLC 0.00% of their portfolio | 318.1k $5.2m | Added +25.3k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.62% of their portfolio | 317.9k $5.2m | Reduced -3.5k |
| HTLF Bank 0.58% of their portfolio | 308.2k $5.1m | Unchanged |
| Federation des caisses Desjardins du Quebec 0.04% of their portfolio | 298.4k $4.9m | Reduced -4.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 295.1k $4.8m | Added +2.0k |
| STATE STREET CORP 0.00% of their portfolio | 286.3k $4.7m | Added +7.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 239.5k $3.9m | Reduced -317.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 239.3k $3.9m | Reduced -114.5k |
| Orion Porfolio Solutions, LLC 0.04% of their portfolio | 236.2k $3.9m | Reduced -1.4k |
| Orion Portfolio Solutions, LLC 0.04% of their portfolio | 236.2k $3.9m | Reduced -1.4k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 235.5k $3.9m | Reduced -125.9k |
| Sanders Capital, LLC 0.01% of their portfolio | 232.1k $3.8m | Reduced -600 |
| SCOTIA CAPITAL INC. 0.02% of their portfolio | 230.7k $3.8m | Added +7.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 228.3k $3.8m | Reduced -4.9k |
| Cerity Partners LLC 0.01% of their portfolio | 220.9k $3.6m | Added +56.4k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 220.8k $3.6m | Added +7.5k |
| SEVEN EIGHT CAPITAL, LP 0.36% of their portfolio | 211.2k $3.5m | Added +79.6k |
| WASATCH ADVISORS LP 0.02% of their portfolio | 211.0k $3.5m | Unchanged |
| Crossmark Global Holdings, Inc. 0.07% of their portfolio | 210.5k $3.5m | Reduced -11.9k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.04% of their portfolio | 207.9k $3.4m | Added +24.7k |
| Capital Research Global Investors 0.00% of their portfolio | 203.8k $3.4m | Added +69.0k |
| LOGAN CAPITAL MANAGEMENT INC 0.14% of their portfolio | 192.3k $3.2m | Added +25.7k |
| BESSEMER GROUP INC 0.01% of their portfolio | 180.9k $3.0m | Reduced -1.8k |
| EAGLE GLOBAL ADVISORS LLC 0.17% of their portfolio | 178.4k $2.9m | Reduced -270 |
| Ethic Inc. 0.07% of their portfolio | 178.0k $2.9m | Reduced -26.4k |
| QRG CAPITAL MANAGEMENT, INC. 0.04% of their portfolio | 176.9k $2.9m | Reduced -85.4k |
| Creative Planning 0.00% of their portfolio | 176.9k $2.9m | Added +7.0k |
| Quantinno Capital Management LP 0.06% of their portfolio | 168.7k $2.8m | Reduced -29.9k |
| Mariner, LLC 0.01% of their portfolio | 164.9k $2.7m | Added +12.0k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 162.8k $2.7m | Added +20.8k |
| Dorsey Wright & Associates 0.68% of their portfolio | 157.4k $2.6m | Reduced -6.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 145.4k $2.4m | Reduced -3.5k |
| ICON ADVISERS INC/CO 0.51% of their portfolio | 144.1k $2.4m | Unchanged |
| First Trust Direct Indexing L.P. 0.16% of their portfolio | 133.4k $2.2m | Reduced -16.5k |
| Ramirez Asset Management, Inc. 0.44% of their portfolio | 131.8k $2.2m | Reduced -6.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 131.2k $2.2m | Added +30.7k |
| Boston Partners 0.00% of their portfolio | 129.0k $2.1m | New |
| Aquatic Capital Management LLC 0.07% of their portfolio | 127.3k $2.1m | Added +21.2k |
| Corient Private Wealth LP 0.00% of their portfolio | 126.1k $2.1m | Added +851 |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.03% of their portfolio | 119.4k $2.0m | Reduced -6.2k |
| US BANCORP \DE\ 0.00% of their portfolio | 118.3k $2.0m | Reduced -4.1k |
| Vanguard Personalized Indexing Management, LLC 0.04% of their portfolio | 117.6k $1.9m | Added +13.0k |
| SIGNATUREFD, LLC 0.04% of their portfolio | 115.5k $1.9m | Added +2.0k |
| HIGHLAND CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 114.3k $1.9m | Added +142 |
| REGIONS FINANCIAL CORP 0.01% of their portfolio | 111.0k $1.8m | Added +12.2k |
| BLUE SQUARE ASSET MANAGEMENT, LLC 1.21% of their portfolio | 110.8k $1.8m | Added +32.9k |
| AXQ CAPITAL, LP 0.43% of their portfolio | 108.9k $1.8m | Added +26.1k |
| Laird Norton Wetherby Wealth Management, LLC 0.09% of their portfolio | 108.1k $1.8m | Reduced -1.3k |
| HANTZ FINANCIAL SERVICES, INC. 0.03% of their portfolio | 106.6k $1.8m | Added +768 |
| Cetera Investment Advisers 0.00% of their portfolio | 104.3k $1.7m | Added +46.8k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 100.1k $1.7m | Reduced -27.5k |
| Quantbot Technologies LP 0.09% of their portfolio | 99.2k $1.6m | Added +55.3k |