Vault-13

ING GROEP N.V. ING

SPONSORED ADR · ADR · CUSIP 456837103 · ISIN US4568371037

Dutch multinational banking and financial services corporation

438 institutional holders +13 vs Q1 2025
182,495,375182.5m shares reported held*
$4.0bnreported value*
49 new 203 added 110 reduced 36 sold out net bought ≈ $98.8m (+4.5m 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 ($5.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.88. Options: 12 managers hold calls ($97.4m notional), 8 hold puts ($7.7m).

Trends to Q2 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: 425Q2 25: 438438Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025438

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 155 bought or addedQ3 23: 162 cut or sold outQ4 23: 202 bought or addedQ4 23: 130 cut or sold outQ4 23Q1 24: 184 bought or addedQ1 24: 187 cut or sold outQ2 24: 185 bought or addedQ2 24: 179 cut or sold outQ2 24Q3 24: 203 bought or addedQ3 24: 173 cut or sold outQ4 24: 187 bought or addedQ4 24: 202 cut or sold outQ4 24Q1 25: 234 bought or addedQ1 25: 172 cut or sold outQ2 25: 252 bought or addedQ2 25: 146 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023155162
Q4 2023202130
Q1 2024184187
Q2 2024185179
Q3 2024203173
Q4 2024187202
Q1 2025234172
Q2 2025252146

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ3 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 0.30Q2 25 calls: $97.4mQ2 25 puts: $7.7mQ2 25P/C 0.08
Numbers
QuarterCallsPutsP/C
Q3 2024$63.7m$12.1m0.19
Q4 2024$49.1m$7.9m0.16
Q1 2025$89.0m$26.9m0.30
Q2 2025$97.4m$7.7m0.08

Biggest buyers

ROYAL BANK OF CANADA Added +3,944,432+3.9m
MORGAN STANLEY Added +793,905+793.9k
BANK OF AMERICA CORP /DE/ Added +593,424+593.4k
FMR LLC Added +535,290+535.3k
BlackRock, Inc. Added +472,600+472.6k
SILVERCREST ASSET MANAGEMENT GROUP LLC Added +469,114+469.1k
PRICE T ROWE ASSOCIATES INC /MD/ Added +407,706+407.7k
JPMORGAN CHASE & CO Added +264,858+264.9k
Trexquant Investment LP New +208,818+208.8k
Bank of New York Mellon Corp Added +183,891+183.9k

Biggest sellers

Fisher Asset Management, LLC Reduced -2,628,056-2.6m
CITADEL ADVISORS LLC Sold out -1,391,132-1.4m
GOLDMAN SACHS GROUP INC Reduced -310,975-311.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -297,343-297.3k
CAMBIAR INVESTORS LLC Reduced -273,225-273.2k
MERITAGE PORTFOLIO MANAGEMENT Sold out -270,269-270.3k
Aristotle Capital Management, LLC Reduced -206,777-206.8k
STATE STREET CORP Reduced -189,987-190.0k
LAZARD ASSET MANAGEMENT LLC Reduced -120,055-120.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -99,440-99.4k

Biggest calls

PEAK6 LLC Added $36.8m1.7m shares
CITADEL ADVISORS LLC Added $28.4m1.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $25.0m1.1m shares
Optiver Holding B.V. Reduced $2.2m99.3k shares
Caption Management, LLC Unchanged $1.7m80.0k shares
IMC-Chicago, LLC Reduced $874.8k40.0k shares
SIMPLEX TRADING, LLC Reduced $841.0k38.5k shares
GROUP ONE TRADING LLC Reduced $472.4k21.6k shares
JANE STREET GROUP, LLC Reduced $444.0k20.3k shares
WOLVERINE TRADING, LLC Reduced $323.1k14.7k shares

Biggest puts

Optiver Holding B.V. Added $4.9m221.9k shares
CITADEL ADVISORS LLC Reduced $1.0m47.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $844.2k38.6k shares
SIMPLEX TRADING, LLC Reduced $382.0k17.5k shares
GROUP ONE TRADING LLC Added $282.1k12.9k shares
Walleye Capital LLC New $255.9k11.7k shares
SUMMIT SECURITIES GROUP LLC New $76.5k3.5k 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 Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.53% of their portfolio PLANO, TX 60,893,20760.9m $1.3bn $1.3bn 0.53% Reduced -2.6m -2,628,056
2 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.15% of their portfolio BOSTON, MA 9,805,0659.8m $214.4m $214.4m 0.15% Reduced -297.3k -297,343
3 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 8,764,5628.8m $191.7m $191.7m 0.02% Added +593.4k +593,424
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 8,289,3258.3m $181.3m $181.3m 0.01% Added +793.9k +793,905
5 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 7,714,3667.7m $168.7m $168.7m 0.02% Added +3.9m +3,944,432
6 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 7,583,5267.6m $165.9m $165.9m 0.03% Reduced -311.0k -310,975
7 Aristotle Capital Management, LLC 0.28% of their portfolio LOS ANGELES, CA 6,537,2836.5m $143.0m $143.0m 0.28% Reduced -206.8k -206,777
8 FMR LLC 0.01% of their portfolio BOSTON, MA 5,600,0195.6m $122.5m $122.5m 0.01% Added +535.3k +535,290
9 NATIXIS ADVISORS, LLC 0.15% of their portfolio Boston, MA 4,428,3494.4m $96.8m $96.8m 0.15% Added +177.5k +177,499
10 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 4,382,4394.4m $95.8m $95.8m 0.01% Added +39.5k +39,523
11 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,883,3563.9m $84.9m $84.9m 0.00% Added +472.6k +472,600
12 LAZARD ASSET MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 3,799,6143.8m $83.1m $83.1m 0.11% Reduced -120.1k -120,055
13 TODD ASSET MANAGEMENT LLC 1.31% of their portfolio Louisville, KY 2,768,7642.8m $60.6m $60.6m 1.31% Added +13.6k +13,552
14 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 2,248,4472.2m $49.2m $49.2m 0.01% Added +407.7k +407,706
15 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,908,3961.9m $41.7m $41.7m 0.01% Added +48.0k +48,023
16 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.31% of their portfolio FRANKFORT, KY 1,768,2501.8m $38.7m $38.7m 0.31% Reduced -12.4k -12,380
17 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,663,4971.7m $36.4m $36.4m 0.01% Added +175.3k +175,323
18 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 1,648,3281.6m $36.0m $36.0m 0.03% Reduced -18.9k -18,911
19 CAUSEWAY CAPITAL MANAGEMENT LLC 0.53% of their portfolio LOS ANGELES, CA 1,540,6941.5m $33.7m $33.7m 0.53% Added +80.2k +80,168
20 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 1,408,3011.4m $30.8m $30.8m 0.02% Added +132.2k +132,184
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,314,7051.3m $28.8m $28.8m 0.00% Added +264.9k +264,858
22 CAMBIAR INVESTORS LLC 0.93% of their portfolio Denver, CO 1,013,4211.0m $22.2m $22.2m 0.93% Reduced -273.2k -273,225
23 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 983,608983.6k $21.5m $21.5m 0.01% Added +26.7k +26,745
24 Quantinno Capital Management LP 0.09% of their portfolio NEW YORK, NY 974,637974.6k $21.3m $21.3m 0.09% Added +95.3k +95,304
25 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 827,919827.9k $18.1m $18.1m 0.02% Added +18.8k +18,827
26 Guardian Partners Inc. 1.51% of their portfolio TORONTO, Z4 723,954724.0k $16.8m $16.8m 1.51% Reduced -5.3k -5,320
27 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 712,962713.0k $15.6m $15.6m 0.02% Added +44.0k +43,951
28 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 704,617704.6k $15.4m $15.4m 0.00% Reduced -20.3k -20,327
29 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 628,783628.8k $13.8m $13.8m 0.01% Added +21.6k +21,629
30 CAPITAL FUND MANAGEMENT S.A. 0.15% of their portfolio PARIS, I0 612,511612.5k $13.4m $13.4m 0.15% Added +78.6k +78,622
31 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 589,594589.6k $12.9m $12.9m 0.03% Added +37.9k +37,854
32 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 585,190585.2k $12.8m $12.8m 0.01% Reduced -11.2k -11,243
33 BRIDGES INVESTMENT MANAGEMENT INC 0.17% of their portfolio OMAHA, NE 567,485567.5k $12.4m $12.4m 0.17% Unchanged
34 THORNBURG INVESTMENT MANAGEMENT INC 0.15% of their portfolio SANTA FE, NM 534,851534.9k $11.7m $11.7m 0.15% Added +13.5k +13,544
35 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 529,357529.4k $11.6m $11.6m 0.01% Added +3.4k +3,372
36 Pathstone Holdings, LLC 0.05% of their portfolio ENGLEWOOD, NJ 526,340526.3k $11.5m $11.5m 0.05% Reduced -24.9k -24,928
37 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 492,775492.8k $10.8m $10.8m 0.00% Reduced -37.0k -36,956
38 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.07% of their portfolio Stamford, CT 486,862486.9k $10.6m $10.6m 0.07% Added +79.2k +79,194
39 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 486,818486.8k $10.6m $10.6m 0.01% Reduced -64.9k -64,923
40 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 481,606481.6k $10.5m $10.5m 0.01% Reduced -5.0k -5,035
41 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.07% of their portfolio NEW YORK, NY 480,218480.2k $10.5m $10.5m 0.07% Added +469.1k +469,114
42 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 468,184468.2k $10.2m $10.2m 0.00% Added +43.6k +43,646
43 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 467,898467.9k $10.2m $10.2m 0.00% Added +183.9k +183,891
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 463,865463.9k $10.1m $10.1m 0.00% Added +4.2k +4,210
45 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 441,176441.2k $9.6m $9.6m 0.02% Added +136.4k +136,447
46 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 419,174419.2k $9.2m $9.2m 0.01% Added +14.1k +14,073
47 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio COLUMBUS, OH 417,618417.6k $9.1m $9.1m 0.03% Unchanged
48 Curi Capital, LLC 0.15% of their portfolio CHICAGO, IL 366,376366.4k $8.0m $8.0m 0.15% Added +17.6k +17,584
49 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 341,298341.3k $7.5m $7.5m 0.00% Added +55.4k +55,445
50 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 332,350332.4k $7.3m $7.3m 0.01% Added +148.1k +148,062
51 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 320,536320.5k $7.0m $7.0m 0.01% Added +148.3k +148,270
52 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 318,259318.3k $7.0m $7.0m 0.00% Reduced -10.0k -9,995
53 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 315,831315.8k $6.9m $6.9m 0.00% Reduced -1.3k -1,281
54 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 308,273308.3k $6.7m $6.7m 0.01% Reduced -226 -226
55 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 303,886303.9k $6.6m $6.6m 0.01% Added +46.3k +46,326
56 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 298,366298.4k $6.5m $6.5m 0.01% Added +15.2k +15,220
57 Capital Investment Counsel, LLC 0.99% of their portfolio DENVER, CO 291,310291.3k $6.4m $6.4m 0.99% Reduced -9.9k -9,919
58 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 279,638279.6k $6.1m $6.1m 0.01% Added +87.5k +87,464
59 Crossmark Global Holdings, Inc. 0.10% of their portfolio HOUSTON, TX 278,039278.0k $6.1m $6.1m 0.10% Added +9.0k +8,970
60 Boston Common Asset Management, LLC 0.17% of their portfolio BOSTON, MA 274,090274.1k $6.0m $6.0m 0.17% Reduced -7.0k -6,961
61 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 271,112271.1k $5.9m $5.9m 0.03% Added +1.3k +1,304
62 QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio BERWYN, PA 249,208249.2k $5.5m $5.5m 0.05% Reduced -26.5k -26,547
63 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 242,880242.9k $5.3m $5.3m 0.00% Reduced -190.0k -189,987
64 Orion Porfolio Solutions, LLC 0.05% of their portfolio OMAHA, NE 242,239242.2k $5.3m $5.3m 0.05% Reduced -1.4k -1,447
65 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 242,079242.1k $5.3m $5.3m 0.02% Added +32.3k +32,308
66 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.57% of their portfolio MISSISSAUGA, A6 238,040238.0k $5.2m $5.2m 0.57% Reduced -10.0k -10,021
67 ABC ARBITRAGE SA 0.59% of their portfolio PARIS, I0 236,873236.9k $5.2m $5.2m 0.59% Reduced -87.5k -87,471
68 Mariner, LLC 0.01% of their portfolio Overland Park, KS 236,336236.3k $5.2m $5.2m 0.01% Added +14.5k +14,504
69 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 222,835222.8k $4.9m $4.9m 0.03% Reduced -16.4k -16,376
70 LOGAN CAPITAL MANAGEMENT INC 0.22% of their portfolio Newtown Square, PA 220,820220.8k $4.8m $4.8m 0.22% Added +21.9k +21,853
71 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 220,108220.1k $4.8m $4.8m 0.01% Added +168.2k +168,199
72 Capital Research Global Investors 0.00% of their portfolio Los Angeles, CA 211,522211.5k $4.6m $4.6m 0.00% Reduced -1.2k -1,221
73 Trexquant Investment LP 0.05% of their portfolio STAMFORD, CT 208,818208.8k $4.6m $4.6m 0.05% New
74 Dynamic Advisor Solutions LLC 0.14% of their portfolio PHOENIX, AZ 203,856203.9k $4.5m $4.5m 0.14% Added +1.5k +1,507
75 SYNOVUS FINANCIAL CORP 0.05% of their portfolio Columbus, GA 203,336203.3k $4.4m $4.4m 0.05% Added +12.7k +12,699
76 Boston Partners 0.00% of their portfolio BOSTON, MA 201,078201.1k $4.4m $4.4m 0.00% Added +352 +352
77 Hennion & Walsh Asset Management, Inc. 0.18% of their portfolio Parsippany, NJ 199,718199.7k $4.4m $4.4m 0.18% Added +2.7k +2,731
78 Vanguard Personalized Indexing Management, LLC 0.05% of their portfolio OAKLAND, CA 195,984196.0k $4.3m $4.3m 0.05% Added +17.8k +17,848
79 RITHOLTZ WEALTH MANAGEMENT 0.09% of their portfolio NEW YORK, NY 190,867190.9k $4.2m $4.2m 0.09% Added +48.0k +47,969
80 WASATCH ADVISORS LP 0.02% of their portfolio SALT LAKE CITY, UT 187,000187.0k $4.1m $4.1m 0.02% Unchanged
81 EAGLE GLOBAL ADVISORS LLC 0.16% of their portfolio Houston, TX 179,056179.1k $3.9m $3.9m 0.16% Added +1.4k +1,420
82 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 172,364172.4k $3.8m $3.8m 0.01% Reduced -39.3k -39,277
83 Gotham Asset Management, LLC 0.02% of their portfolio NEW YORK, NY 169,856169.9k $3.5m $3.5m 0.02% Added +23.0k +22,995
84 Laird Norton Wetherby Wealth Management, LLC 0.17% of their portfolio Seattle, WA 169,638169.6k $3.7m $3.7m 0.17% First filing
85 Ethic Inc. 0.06% of their portfolio NEW YORK, NY 160,643160.6k $3.5m $3.5m 0.06% Added +27.9k +27,926
86 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 156,904156.9k $3.4m $3.4m 0.00% Added +69.7k +69,664
87 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 155,242155.2k $3.4m $3.4m 0.00% Added +9.7k +9,659
88 Meridian Wealth Management, LLC 0.14% of their portfolio LEXINGTON, KY 152,785152.8k $3.3m $3.3m 0.14% Reduced -1.8k -1,769
89 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 146,191146.2k $3.2m $3.2m 0.00% Reduced -2.6k -2,631
90 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 144,538144.5k $3.2m $3.2m 0.00% Added +129.6k +129,595
91 Sanders Capital, LLC 0.00% of their portfolio West Palm Beach, FL 143,785143.8k $3.1m $3.1m 0.00% Reduced -35.4k -35,350
92 Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio Boston, MA 139,350139.3k $3.0m $3.0m 0.01% Added +44.2k +44,172
93 JPL Wealth Management, LLC 0.81% of their portfolio GREENWOOD VILLAGE, CO 137,620137.6k $3.0m $3.0m 0.81% Added +1.9k +1,937
94 BLUE SQUARE ASSET MANAGEMENT, LLC 1.38% of their portfolio NEW YORK, NY 135,091135.1k $3.0m $3.0m 1.38% Added +8.7k +8,655
95 Integrated Quantitative Investments LLC 0.83% of their portfolio BELLEVUE, WA 129,595129.6k $2.8m $2.8m 0.83% New
96 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 127,703127.7k $2.8m $2.8m 0.00% Reduced -57.9k -57,885
97 SIGNATUREFD, LLC 0.05% of their portfolio ATLANTA, GA 126,703126.7k $2.8m $2.8m 0.05% Added +1.9k +1,921
98 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 123,467123.5k $2.7m $2.7m 0.02% Added +45.6k +45,624
99 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 118,071118.1k $2.6m $2.6m 0.00% Reduced -2.5k -2,508
100 MARIETTA INVESTMENT PARTNERS LLC 0.56% of their portfolio MILWAUKEE, WI 116,431116.4k $2.5m $2.5m 0.56% Added +55.8k +55,818