Vault-13

ING GROEP N.V. ING

SPONSORED ADR · ADR · CUSIP 456837103 · ISIN US4568371037

Dutch multinational banking and financial services corporation

425 institutional holders -1 vs Q4 2024
178,389,467178.4m shares reported held*
$3.6bnreported value*
56 new 178 added 119 reduced 53 sold out net bought ≈ $131.8m (+6.8m shares)

* 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 ($5.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.10. Options: 14 managers hold calls ($89.0m notional), 9 hold puts ($26.9m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 298Q4 22: 315Q1 23: 336Q2 23: 350Q3 23: 352Q4 23: 394Q1 24: 387Q2 24: 392Q3 24: 416Q4 24: 426Q1 25: 425425Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022298
Q4 2022315
Q1 2023336
Q2 2023350
Q3 2023352
Q4 2023394
Q1 2024387
Q2 2024392
Q3 2024416
Q4 2024426
Q1 2025425

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q2 23: 176 bought or addedQ2 23: 134 cut or sold outQ3 23: 155 bought or addedQ3 23: 162 cut or sold outQ3 23Q4 23: 202 bought or addedQ4 23: 130 cut or sold outQ1 24: 184 bought or addedQ1 24: 187 cut or sold outQ1 24Q2 24: 185 bought or addedQ2 24: 179 cut or sold outQ3 24: 203 bought or addedQ3 24: 173 cut or sold outQ3 24Q4 24: 187 bought or addedQ4 24: 202 cut or sold outQ1 25: 234 bought or addedQ1 25: 172 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023176134
Q3 2023155162
Q4 2023202130
Q1 2024184187
Q2 2024185179
Q3 2024203173
Q4 2024187202
Q1 2025234172

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$25m$50m$75m$100mQ2 24 calls: $66.7mQ2 24 puts: $4.5mQ2 24P/C 0.07Q3 24 calls: $63.7mQ3 24 puts: $12.1mQ3 24P/C 0.19Q4 24 calls: $49.1mQ4 24 puts: $7.9mQ4 24P/C 0.16Q1 25 calls: $89.0mQ1 25 puts: $26.9mQ1 25P/C 0.30
Numbers
QuarterCallsPutsP/C
Q2 2024$66.7m$4.5m0.07
Q3 2024$63.7m$12.1m0.19
Q4 2024$49.1m$7.9m0.16
Q1 2025$89.0m$26.9m0.30

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +3,394,418+3.4m
PRICE T ROWE ASSOCIATES INC /MD/ New +1,840,741+1.8m
MILLENNIUM MANAGEMENT LLC Added +1,106,926+1.1m
CITADEL ADVISORS LLC Added +976,104+976.1k
NATIXIS ADVISORS, LLC Added +869,281+869.3k
BANK OF AMERICA CORP /DE/ Added +765,144+765.1k
Quantinno Capital Management LP Added +484,455+484.5k
NATIONAL BANK OF CANADA /FI/ Added +378,693+378.7k
Curi Capital, LLC New +348,792+348.8k
Orion Portfolio Solutions, LLC Added +243,686+243.7k

Biggest sellers

Fisher Asset Management, LLC Reduced -2,499,925-2.5m
Optiver Holding B.V. Sold out -636,733-636.7k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Sold out -502,372-502.4k
MORGAN STANLEY Reduced -403,135-403.1k
HSBC HOLDINGS PLC Sold out -356,565-356.6k
ABC ARBITRAGE SA Reduced -322,019-322.0k
Aristotle Capital Management, LLC Reduced -274,856-274.9k
ROYAL BANK OF CANADA Reduced -176,719-176.7k
Trexquant Investment LP Sold out -174,662-174.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -159,455-159.5k

Biggest calls

JANE STREET GROUP, LLC New $52.6m2.7m shares
PEAK6 LLC New $16.5m841.0k shares
SIH Partners, LLLP Added $7.9m404.6k shares
Optiver Holding B.V. Added $3.2m165.1k shares
GROUP ONE TRADING LLC Added $2.1m105.7k shares
Caption Management, LLC New $1.6m80.0k shares
SIMPLEX TRADING, LLC Added $1.5m74.6k shares
CITADEL ADVISORS LLC Reduced $1.3m67.0k shares
IMC-Chicago, LLC New $877.6k44.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $480.0k24.5k shares

Biggest puts

SIH Partners, LLLP Added $14.9m758.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.1m261.7k shares
Optiver Holding B.V. Reduced $4.2m213.6k shares
CITADEL ADVISORS LLC Added $1.5m76.9k shares
SIMPLEX TRADING, LLC Added $1.2m59.0k shares
RAYMOND JAMES FINANCIAL INC New $10.4k800 shares
GROUP ONE TRADING LLC Reduced $7.8k400 shares
Walleye Trading LLC New $3.9k200 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 2025

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 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.54% of their portfolio PLANO, TX 63,521,26363.5m $1.2bn $1.2bn 0.54% Reduced -2.5m -2,499,925
2 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio BOSTON, MA 10,102,40810.1m $197.9m $197.9m 0.16% Added +3.4m +3,394,418
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 8,171,1388.2m $160.1m $160.1m 0.01% Added +765.1k +765,144
4 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 7,894,5017.9m $154.7m $154.7m 0.03% Added +185.5k +185,506
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 7,495,4207.5m $146.8m $146.8m 0.01% Reduced -403.1k -403,135
6 Aristotle Capital Management, LLC 0.26% of their portfolio LOS ANGELES, CA 6,744,0606.7m $132.1m $132.1m 0.26% Reduced -274.9k -274,856
7 FMR LLC 0.01% of their portfolio BOSTON, MA 5,064,7295.1m $99.2m $99.2m 0.01% Added +128.1k +128,052
8 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 4,342,9164.3m $85.1m $85.1m 0.01% Added +181.8k +181,800
9 NATIXIS ADVISORS, LLC 0.15% of their portfolio Boston, MA 4,250,8504.3m $83.3m $83.3m 0.15% Added +869.3k +869,281
10 LAZARD ASSET MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 3,919,6693.9m $76.8m $76.8m 0.12% Reduced -128.0k -127,984
11 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 3,769,9343.8m $73.9m $73.9m 0.02% Reduced -176.7k -176,719
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,410,7563.4m $66.8m $66.8m 0.00% Added +120.5k +120,483
13 TODD ASSET MANAGEMENT LLC 1.27% of their portfolio Louisville, KY 2,755,2122.8m $54.0m $54.0m 1.27% Reduced -16.7k -16,729
14 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,860,3731.9m $36.4m $36.4m 0.01% Reduced -159.5k -159,455
15 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 1,840,7411.8m $36.1m $36.1m 0.00% New
16 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.31% of their portfolio FRANKFORT, KY 1,780,6301.8m $34.9m $34.9m 0.31% Added +6.2k +6,200
17 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 1,667,2391.7m $32.7m $32.7m 0.03% Added +1.1m +1,106,926
18 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,488,1741.5m $29.2m $29.2m 0.01% Reduced -117.1k -117,117
19 CAUSEWAY CAPITAL MANAGEMENT LLC 0.60% of their portfolio LOS ANGELES, CA 1,460,5261.5m $28.6m $28.6m 0.60% Reduced -31.0k -31,041
20 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 1,391,1321.4m $27.3m $27.3m 0.03% Added +976.1k +976,104
21 CAMBIAR INVESTORS LLC 1.07% of their portfolio Denver, CO 1,286,6461.3m $25.2m $25.2m 1.07% Reduced -74.7k -74,748
22 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 1,276,1171.3m $25.0m $25.0m 0.02% Added +35.4k +35,382
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,049,8471.0m $20.6m $20.6m 0.00% Added +85.8k +85,800
24 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 956,863956.9k $18.7m $18.7m 0.01% Added +39.5k +39,497
25 Quantinno Capital Management LP 0.11% of their portfolio NEW YORK, NY 879,333879.3k $17.2m $17.2m 0.11% Added +484.5k +484,455
26 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 809,092809.1k $15.9m $15.9m 0.02% Reduced -154.2k -154,214
27 Guardian Partners Inc. 1.48% of their portfolio TORONTO, Z4 729,274729.3k $14.3m $14.3m 1.48% Reduced -14.1k -14,070
28 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 724,944724.9k $14.2m $14.2m 0.00% Reduced -5.6k -5,620
29 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 669,011669.0k $13.1m $13.1m 0.02% Added +61.0k +61,039
30 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 607,154607.2k $11.9m $11.9m 0.01% Reduced -80.3k -80,322
31 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 596,433596.4k $11.7m $11.7m 0.01% Reduced -118.9k -118,882
32 BRIDGES INVESTMENT MANAGEMENT INC 0.16% of their portfolio OMAHA, NE 567,485567.5k $11.1m $11.1m 0.16% Unchanged
33 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 551,741551.7k $10.8m $10.8m 0.02% Added +92.7k +92,682
34 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 551,740551.7k $10.8m $10.8m 0.02% Added +196.6k +196,640
35 Pathstone Holdings, LLC 0.05% of their portfolio ENGLEWOOD, NJ 551,268551.3k $10.8m $10.8m 0.05% Reduced -3.6k -3,586
36 CAPITAL FUND MANAGEMENT S.A. 0.13% of their portfolio PARIS, I0 533,889533.9k $10.5m $10.5m 0.13% Added +93.7k +93,743
37 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 529,731529.7k $10.4m $10.4m 0.00% Added +198.5k +198,549
38 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 525,985526.0k $10.4m $10.4m 0.01% Added +94.8k +94,839
39 THORNBURG INVESTMENT MANAGEMENT INC 0.14% of their portfolio SANTA FE, NM 521,307521.3k $102.1m $102.1m 0.14% Added +137.4k +137,397
40 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 497,040497.0k $8.7m $8.7m 0.04% Added +243.7k +243,686
41 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 486,641486.6k $9.5m $9.5m 0.01% Reduced -1.1k -1,137
42 UBS Group AG 0.00% of their portfolio ZURICH, V8 459,655459.7k $9.0m $9.0m 0.00% Added +55.3k +55,266
43 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 432,867432.9k $8.5m $8.5m 0.00% Added +9.0k +9,002
44 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 424,538424.5k $8.3m $8.3m 0.00% Reduced -2.4k -2,361
45 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio COLUMBUS, OH 417,618417.6k $8.2m $8.2m 0.03% Reduced -65.2k -65,204
46 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.06% of their portfolio Stamford, CT 407,668407.7k $8.0m $8.0m 0.06% Added +71.0k +71,015
47 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 405,101405.1k $7.9m $7.9m 0.01% Added +378.7k +378,693
48 Curi Capital, LLC 0.17% of their portfolio CHICAGO, IL 348,792348.8k $6.8m $6.8m 0.17% New
49 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 328,254328.3k $6.4m $6.4m 0.00% Added +37.5k +37,458
50 ABC ARBITRAGE SA 1.18% of their portfolio PARIS, I0 324,344324.3k $6.4m $6.4m 1.18% Reduced -322.0k -322,019
51 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 317,112317.1k $6.2m $6.2m 0.00% Reduced -10.3k -10,257
52 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 308,499308.5k $6.0m $6.0m 0.01% Added +68.8k +68,843
53 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 304,729304.7k $6.0m $6.0m 0.01% Added +111.7k +111,669
54 Capital Investment Counsel, LLC 0.98% of their portfolio DENVER, CO 301,229301.2k $5.9m $5.9m 0.98% Added +5.8k +5,778
55 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 285,853285.9k $5.6m $5.6m 0.00% Added +51.3k +51,324
56 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 284,007284.0k $5.6m $5.6m 0.00% Reduced -8.1k -8,092
57 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 283,146283.1k $5.5m $5.5m 0.00% First filing
58 Boston Common Asset Management, LLC 0.17% of their portfolio BOSTON, MA 281,051281.1k $5.5m $5.5m 0.17% Added +58.0k +57,994
59 QRG CAPITAL MANAGEMENT, INC. 0.06% of their portfolio BERWYN, PA 275,755275.8k $5.4m $5.4m 0.06% Added +186.5k +186,490
60 MERITAGE PORTFOLIO MANAGEMENT 0.35% of their portfolio OVERLAND PARK, KS 270,269270.3k $5.3m $5.3m 0.35% Reduced -3.3k -3,287
61 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 269,808269.8k $5.3m $5.3m 0.03% Reduced -10.7k -10,667
62 Crossmark Global Holdings, Inc. 0.09% of their portfolio HOUSTON, TX 269,069269.1k $5.3m $5.3m 0.09% Added +321 +321
63 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 257,560257.6k $5.0m $5.0m 0.00% Added +40.1k +40,083
64 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.62% of their portfolio MISSISSAUGA, A6 248,061248.1k $4.9m $4.9m 0.62% Reduced -63.6k -63,586
65 Orion Porfolio Solutions, LLC 0.05% of their portfolio OMAHA, NE 243,686243.7k $4.8m $4.8m 0.05% Reduced -9.7k -9,668
66 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 239,211239.2k $4.7m $4.7m 0.03% Added +104.8k +104,807
67 Mariner, LLC 0.01% of their portfolio Overland Park, KS 221,832221.8k $4.3m $4.3m 0.01% Added +22.4k +22,366
68 Capital Research Global Investors 0.00% of their portfolio Los Angeles, CA 212,743212.7k $4.2m $4.2m 0.00% Reduced -11.3k -11,267
69 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 211,641211.6k $4.1m $4.1m 0.01% Added +35.0k +34,972
70 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 209,771209.8k $4.1m $4.1m 0.02% Added +37.7k +37,704
71 Dynamic Advisor Solutions LLC 0.13% of their portfolio PHOENIX, AZ 202,349202.3k $4.0m $4.0m 0.13% Added +28.0k +27,986
72 Boston Partners 0.00% of their portfolio BOSTON, MA 200,726200.7k $3.9m $3.9m 0.00% Added +34.3k +34,325
73 LOGAN CAPITAL MANAGEMENT INC 0.18% of their portfolio Newtown Square, PA 198,967199.0k $3.9m $3.9m 0.18% Added +4.6k +4,588
74 Hennion & Walsh Asset Management, Inc. 0.17% of their portfolio Parsippany, NJ 196,987197.0k $3.9m $3.9m 0.17% Added +42.1k +42,093
75 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 192,174192.2k $3.8m $3.8m 0.01% Added +22.2k +22,153
76 SYNOVUS FINANCIAL CORP 0.05% of their portfolio Columbus, GA 190,637190.6k $3.7m $3.7m 0.05% Added +103.7k +103,673
77 WASATCH ADVISORS LP 0.02% of their portfolio SALT LAKE CITY, UT 187,000187.0k $3.7m $3.7m 0.02% Added +7.0k +7,000
78 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 185,588185.6k $3.6m $3.6m 0.00% First filing
79 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 184,288184.3k $3.6m $3.6m 0.00% Reduced -4.2k -4,160
80 Sanders Capital, LLC 0.01% of their portfolio West Palm Beach, FL 179,135179.1k $3.5m $3.5m 0.01% Reduced -39.9k -39,931
81 Vanguard Personalized Indexing Management, LLC 0.05% of their portfolio OAKLAND, CA 178,136178.1k $3.5m $3.5m 0.05% Added +34.4k +34,444
82 EAGLE GLOBAL ADVISORS LLC 0.14% of their portfolio Houston, TX 177,636177.6k $3.5m $3.5m 0.14% Reduced -4.6k -4,600
83 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 172,266172.3k $3.4m $3.4m 0.01% Added +20.1k +20,113
84 Meridian Wealth Management, LLC 0.15% of their portfolio LEXINGTON, KY 154,554154.6k $3.0m $3.0m 0.15% Added +962 +962
85 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 148,822148.8k $2.9m $2.9m 0.00% Reduced -6.7k -6,706
86 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 148,479148.5k $2.9m $2.9m 0.03% New
87 Gotham Asset Management, LLC 0.02% of their portfolio NEW YORK, NY 146,861146.9k $2.6m $2.6m 0.02% New
88 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 145,583145.6k $2.9m $2.9m 0.00% Added +121.8k +121,760
89 RITHOLTZ WEALTH MANAGEMENT 0.08% of their portfolio NEW YORK, NY 142,898142.9k $2.8m $2.8m 0.08% Added +10.5k +10,498
90 JPL Wealth Management, LLC 0.76% of their portfolio GREENWOOD VILLAGE, CO 135,683135.7k $2.7m $2.7m 0.76% Added +4.6k +4,599
91 Ethic Inc. 0.05% of their portfolio NEW YORK, NY 132,717132.7k $2.6m $2.6m 0.05% Reduced -49.1k -49,150
92 BLUE SQUARE ASSET MANAGEMENT, LLC 1.33% of their portfolio NEW YORK, NY 126,436126.4k $2.5m $2.5m 1.33% Reduced -1.9k -1,933
93 SIGNATUREFD, LLC 0.05% of their portfolio ATLANTA, GA 124,782124.8k $2.4m $2.4m 0.05% Added +4.3k +4,309
94 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 120,579120.6k $2.4m $2.4m 0.00% Reduced -12.1k -12,113
95 REGIONS FINANCIAL CORP 0.02% of their portfolio BIRMINGHAM, AL 119,931119.9k $2.3m $2.3m 0.02% Reduced -7.8k -7,791
96 ICON ADVISERS INC/CO 0.53% of their portfolio GREENWOOD VILLAGE, CO 115,498115.5k $2.3m $2.3m 0.53% Reduced -19.7k -19,702
97 Quinn Opportunity Partners LLC 0.16% of their portfolio CHARLOTTESVILLE, VA 115,000115.0k $2.3m $2.3m 0.16% Reduced -140.2k -140,202
98 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 112,057112.1k $2.2m $2.2m 0.00% Added +81.4k +81,384
99 Caption Management, LLC 0.10% of their portfolio OKLAHOMA CITY, OK 108,500108.5k $2.1m $2.1m 0.10% New
100 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 106,512106.5k $2.1m $2.1m 0.00% Added +38.4k +38,441