Vault-13

ING GROEP N.V. ING

SPONSORED ADR · ADR · CUSIP 456837103 · ISIN US4568371037

Dutch multinational banking and financial services corporation

464 institutional holders +26 vs Q2 2025
176,847,892176.8m shares reported held*
$4.6bnreported value*
68 new 185 added 140 reduced 44 sold out net sold ≈ $142.3m (-5.4m 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 ($10.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.07. Options: 12 managers hold calls ($101.3m notional), 10 hold puts ($19.4m).

Trends to Q3 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: 438Q3 25: 464464Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025464

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 25Q2 25: 252 bought or addedQ2 25: 146 cut or sold outQ3 25: 253 bought or addedQ3 25: 184 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023202130
Q1 2024184187
Q2 2024185179
Q3 2024203173
Q4 2024187202
Q1 2025234172
Q2 2025252146
Q3 2025253184

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ4 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 0.08Q3 25 calls: $101.3mQ3 25 puts: $19.4mQ3 25P/C 0.19
Numbers
QuarterCallsPutsP/C
Q4 2024$49.1m$7.9m0.16
Q1 2025$89.0m$26.9m0.30
Q2 2025$97.4m$7.7m0.08
Q3 2025$101.3m$19.4m0.19

Biggest buyers

MORGAN STANLEY Added +4,632,987+4.6m
Optiver Holding B.V. New +1,957,267+2.0m
CITIGROUP INC Added +1,462,527+1.5m
JPMORGAN CHASE & CO Added +1,171,361+1.2m
ABC ARBITRAGE SA Added +664,063+664.1k
BlackRock, Inc. Added +508,988+509.0k
CITADEL ADVISORS LLC New +407,960+408.0k
Quantinno Capital Management LP Added +382,322+382.3k
AMERICAN CENTURY COMPANIES INC Added +312,720+312.7k
Point72 Asset Management, L.P. New +220,400+220.4k

Biggest sellers

ROYAL BANK OF CANADA Reduced -4,024,198-4.0m
Fisher Asset Management, LLC Reduced -3,752,253-3.8m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -2,210,834-2.2m
BANK OF AMERICA CORP /DE/ Reduced -1,479,342-1.5m
MILLENNIUM MANAGEMENT LLC Reduced -1,388,288-1.4m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -1,260,665-1.3m
Aristotle Capital Management, LLC Reduced -1,220,712-1.2m
NATIXIS ADVISORS, LLC Reduced -1,182,902-1.2m
Qube Research & Technologies Ltd Sold out -486,818-486.8k
SILVERCREST ASSET MANAGEMENT GROUP LLC Reduced -471,270-471.3k

Biggest calls

CITADEL ADVISORS LLC Added $60.9m2.3m shares
PEAK6 LLC Reduced $26.1m1.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.4m244.4k shares
Caption Management, LLC Unchanged $2.1m80.0k shares
SIMPLEX TRADING, LLC Added $1.9m72.0k shares
Optiver Holding B.V. Reduced $1.6m60.4k shares
IMC-Chicago, LLC Reduced $612.9k23.5k shares
CAPITAL FUND MANAGEMENT S.A. New $485.1k18.6k shares
WOLVERINE TRADING, LLC Added $392.9k15.1k shares
JANE STREET GROUP, LLC Reduced $349.5k13.4k shares

Biggest puts

Optiver Holding B.V. Added $13.9m534.7k shares
CITADEL ADVISORS LLC Reduced $1.2m45.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $910.2k34.9k shares
CAPITAL FUND MANAGEMENT S.A. New $792.8k30.4k shares
DRW Securities, LLC New $668.5k25.6k shares
GROUP ONE TRADING LLC Added $599.8k23.0k shares
SIMPLEX TRADING, LLC Reduced $425.0k16.3k shares
IMC-Chicago, LLC New $344.3k13.2k shares
Walleye Capital LLC Added $336.4k12.9k shares
WOLVERINE TRADING, LLC New $236.8k9.1k 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 Q3 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 Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.54% of their portfolio PLANO, TX 57,140,95457.1m $1.5bn $1.5bn 0.54% Reduced -3.8m -3,752,253
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 12,922,31212.9m $337.0m $337.0m 0.02% Added +4.6m +4,632,987
3 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 7,613,7287.6m $198.6m $198.6m 0.03% Added +30.2k +30,202
4 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.12% of their portfolio BOSTON, MA 7,594,2317.6m $198.1m $198.1m 0.12% Reduced -2.2m -2,210,834
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 7,285,2207.3m $190.0m $190.0m 0.01% Reduced -1.5m -1,479,342
6 FMR LLC 0.01% of their portfolio BOSTON, MA 5,802,0475.8m $151.3m $151.3m 0.01% Added +202.0k +202,028
7 Aristotle Capital Management, LLC 0.27% of their portfolio LOS ANGELES, CA 5,316,5715.3m $138.7m $138.7m 0.27% Reduced -1.2m -1,220,712
8 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 4,456,3984.5m $116.2m $116.2m 0.01% Added +74.0k +73,959
9 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,392,3444.4m $114.6m $114.6m 0.00% Added +509.0k +508,988
10 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 3,690,1683.7m $96.2m $96.2m 0.02% Reduced -4.0m -4,024,198
11 LAZARD ASSET MANAGEMENT LLC 0.13% of their portfolio NEW YORK, NY 3,622,9333.6m $94.5m $94.5m 0.13% Reduced -176.7k -176,681
12 NATIXIS ADVISORS, LLC 0.12% of their portfolio Boston, MA 3,245,4473.2m $84.6m $84.6m 0.12% Reduced -1.2m -1,182,902
13 TODD ASSET MANAGEMENT LLC 1.47% of their portfolio Louisville, KY 2,795,4032.8m $72.9m $72.9m 1.47% Added +26.6k +26,639
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,486,0662.5m $64.8m $64.8m 0.00% Added +1.2m +1,171,361
15 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 2,047,7172.0m $53.4m $53.4m 0.04% Added +1.5m +1,462,527
16 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,990,7362.0m $51.9m $51.9m 0.01% Added +82.3k +82,340
17 Optiver Holding B.V. 0.83% of their portfolio AMSTERDAM, P7 1,957,2672.0m $51.0m $51.0m 0.83% New
18 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.35% of their portfolio FRANKFORT, KY 1,778,5501.8m $46.4m $46.4m 0.35% Added +10.3k +10,300
19 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 1,721,0211.7m $44.9m $44.9m 0.02% Added +312.7k +312,720
20 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,668,3961.7m $43.5m $43.5m 0.01% Added +4.9k +4,899
21 CAUSEWAY CAPITAL MANAGEMENT LLC 0.55% of their portfolio LOS ANGELES, CA 1,598,2461.6m $41.7m $41.7m 0.55% Added +57.6k +57,552
22 Quantinno Capital Management LP 0.10% of their portfolio NEW YORK, NY 1,356,9591.4m $35.4m $35.4m 0.10% Added +382.3k +382,322
23 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 987,782987.8k $25.8m $25.8m 0.00% Reduced -1.3m -1,260,665
24 CAMBIAR INVESTORS LLC 1.16% of their portfolio Denver, CO 976,631976.6k $25.5m $25.5m 1.16% Reduced -36.8k -36,790
25 ABC ARBITRAGE SA 2.31% of their portfolio PARIS, I0 900,936900.9k $23.5m $23.5m 2.31% Added +664.1k +664,063
26 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 846,670846.7k $22.1m $22.1m 0.03% Added +18.8k +18,751
27 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 787,090787.1k $20.5m $20.5m 0.01% Reduced -196.5k -196,518
28 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 760,362760.4k $19.8m $19.8m 0.02% Added +47.4k +47,400
29 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 743,820743.8k $19.4m $19.4m 0.00% Added +39.2k +39,203
30 Guardian Partners Inc. 1.57% of their portfolio TORONTO, Z4 711,506711.5k $18.6m $18.6m 1.57% Reduced -12.4k -12,448
31 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 560,839560.8k $14.6m $14.6m 0.00% Added +68.1k +68,064
32 THORNBURG INVESTMENT MANAGEMENT INC 0.19% of their portfolio SANTA FE, NM 546,389546.4k $14.2m $14.2m 0.19% Added +11.5k +11,538
33 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 542,212542.2k $14.1m $14.1m 0.00% Added +74.0k +74,028
34 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 537,829537.8k $14.0m $14.0m 0.01% Added +8.5k +8,472
35 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 531,328531.3k $13.9m $13.9m 0.01% Reduced -97.5k -97,455
36 Pathstone Holdings, LLC 0.05% of their portfolio ENGLEWOOD, NJ 530,226530.2k $13.8m $13.8m 0.05% Added +3.9k +3,886
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 519,013519.0k $13.5m $13.5m 0.00% Added +55.1k +55,148
38 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.08% of their portfolio Stamford, CT 509,398509.4k $13.3m $13.3m 0.08% Added +22.5k +22,536
39 BRIDGES INVESTMENT MANAGEMENT INC 0.17% of their portfolio OMAHA, NE 503,627503.6k $13.1m $13.1m 0.17% Reduced -63.9k -63,858
40 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 491,161491.2k $12.8m $12.8m 0.03% Reduced -98.4k -98,433
41 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 448,276448.3k $11.7m $11.7m 0.00% Reduced -19.6k -19,622
42 CAPITAL FUND MANAGEMENT S.A. 0.12% of their portfolio PARIS, I0 446,661446.7k $11.6m $11.6m 0.12% Reduced -165.8k -165,850
43 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio COLUMBUS, OH 417,618417.6k $10.9m $10.9m 0.03% Unchanged
44 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 413,197413.2k $10.8m $10.8m 0.01% Reduced -6.0k -5,977
45 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 407,960408.0k $10.6m $10.6m 0.01% New
46 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 405,757405.8k $10.6m $10.6m 0.00% Added +64.5k +64,459
47 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 393,206393.2k $10.3m $10.3m 0.00% Reduced -88.4k -88,400
48 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 381,002381.0k $9.9m $9.9m 0.01% Added +101.4k +101,364
49 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 353,545353.5k $9.2m $9.2m 0.01% Added +49.7k +49,659
50 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 346,608346.6k $9.0m $9.0m 0.01% Added +48.2k +48,242
51 ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio Boston, MA 336,498336.5k $8.8m $8.8m 0.02% Added +116.4k +116,390
52 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 315,426315.4k $8.2m $8.2m 0.00% Reduced -405 -405
53 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 302,908302.9k $7.9m $7.9m 0.01% Reduced -5.4k -5,365
54 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 302,530302.5k $7.9m $7.9m 0.01% Reduced -29.8k -29,820
55 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 292,166292.2k $7.6m $7.6m 0.02% Added +50.1k +50,087
56 Crossmark Global Holdings, Inc. 0.11% of their portfolio HOUSTON, TX 277,539277.5k $7.2m $7.2m 0.11% Reduced -500 -500
57 Boston Common Asset Management, LLC 0.20% of their portfolio BOSTON, MA 272,299272.3k $7.1m $7.1m 0.20% Reduced -1.8k -1,791
58 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 270,160270.2k $7.0m $7.0m 0.03% Reduced -952 -952
59 Capital Investment Counsel, LLC 1.04% of their portfolio DENVER, CO 270,010270.0k $7.0m $7.0m 1.04% Reduced -21.3k -21,300
60 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 266,141266.1k $6.9m $6.9m 0.00% Reduced -52.1k -52,118
61 Curi Capital, LLC 0.13% of their portfolio CHICAGO, IL 261,460261.5k $6.8m $6.8m 0.13% Reduced -104.9k -104,916
62 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 260,040260.0k $6.8m $6.8m 0.01% Reduced -1.4m -1,388,288
63 LOGAN CAPITAL MANAGEMENT INC 0.27% of their portfolio Newtown Square, PA 248,638248.6k $6.5m $6.5m 0.27% Added +27.8k +27,818
64 Boston Partners 0.01% of their portfolio BOSTON, MA 245,970246.0k $6.4m $6.4m 0.01% Added +44.9k +44,892
65 Mariner, LLC 0.01% of their portfolio Overland Park, KS 241,663241.7k $6.3m $6.3m 0.01% Added +5.3k +5,327
66 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 240,530240.5k $6.3m $6.3m 0.00% Reduced -2.4k -2,350
67 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 237,621237.6k $6.2m $6.2m 0.00% Added +80.7k +80,717
68 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 233,278233.3k $6.1m $6.1m 0.01% Added +115.2k +115,207
69 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.66% of their portfolio MISSISSAUGA, A6 227,259227.3k $5.9m $5.9m 0.66% Reduced -10.8k -10,781
70 Tower Research Capital LLC (TRC) 0.16% of their portfolio NEW YORK, NY 221,155221.2k $5.8m $5.8m 0.16% Added +117.2k +117,204
71 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 221,092221.1k $5.8m $5.8m 0.03% Reduced -1.7k -1,743
72 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 220,400220.4k $5.7m $5.7m 0.01% New
73 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 220,316220.3k $5.7m $5.7m 0.04% Reduced -21.9k -21,923
74 Hennion & Walsh Asset Management, Inc. 0.21% of their portfolio Parsippany, NJ 219,791219.8k $5.7m $5.7m 0.21% Added +20.1k +20,073
75 Trexquant Investment LP 0.06% of their portfolio STAMFORD, CT 212,595212.6k $5.5m $5.5m 0.06% Added +3.8k +3,777
76 Capital Research Global Investors 0.00% of their portfolio Los Angeles, CA 212,558212.6k $5.5m $5.5m 0.00% Added +1.0k +1,036
77 Dynamic Advisor Solutions LLC 0.16% of their portfolio PHOENIX, AZ 204,979205.0k $5.3m $5.3m 0.16% Added +1.1k +1,123
78 RITHOLTZ WEALTH MANAGEMENT 0.10% of their portfolio NEW YORK, NY 201,892201.9k $5.3m $5.3m 0.10% Added +11.0k +11,025
79 Vanguard Personalized Indexing Management, LLC 0.05% of their portfolio OAKLAND, CA 197,208197.2k $5.1m $5.1m 0.05% Added +1.2k +1,224
80 SYNOVUS FINANCIAL CORP 0.05% of their portfolio Columbus, GA 182,060182.1k $4.7m $4.7m 0.05% Reduced -21.3k -21,276
81 QRG CAPITAL MANAGEMENT, INC. 0.06% of their portfolio BERWYN, PA 177,233177.2k $4.6m $4.6m 0.06% Reduced -72.0k -71,975
82 EAGLE GLOBAL ADVISORS LLC 0.18% of their portfolio Houston, TX 176,621176.6k $4.6m $4.6m 0.18% Reduced -2.4k -2,435
83 WASATCH ADVISORS LP 0.02% of their portfolio SALT LAKE CITY, UT 175,000175.0k $4.6m $4.6m 0.02% Reduced -12.0k -12,000
84 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 172,439172.4k $4.5m $4.5m 0.01% Added +75 +75
85 Laird Norton Wetherby Wealth Management, LLC 0.18% of their portfolio Seattle, WA 171,280171.3k $4.5m $4.5m 0.18% Added +1.6k +1,642
86 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 169,082169.1k $4.4m $4.4m 0.01% Reduced -151.5k -151,454
87 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 166,314166.3k $4.3m $4.3m 0.00% Added +11.1k +11,072
88 Ethic Inc. 0.07% of their portfolio NEW YORK, NY 165,961166.0k $4.3m $4.3m 0.07% Added +5.3k +5,318
89 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 155,250155.2k $3.6m $3.6m 0.01% Added +85.1k +85,065
90 Caption Management, LLC 0.23% of their portfolio OKLAHOMA CITY, OK 153,257153.3k $4.0m $4.0m 0.23% Added +44.8k +44,757
91 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 150,090150.1k $3.9m $3.9m 0.03% Added +26.6k +26,623
92 Meridian Wealth Management, LLC 0.15% of their portfolio LEXINGTON, KY 148,082148.1k $3.9m $3.9m 0.15% Reduced -4.7k -4,703
93 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 145,945145.9k $3.8m $3.8m 0.01% Reduced -246 -246
94 WOLVERINE TRADING, LLC 0.07% of their portfolio CHICAGO, IL 142,280142.3k $3.7m $3.7m 0.07% Added +97.2k +97,166
95 Sanders Capital, LLC 0.00% of their portfolio West Palm Beach, FL 137,185137.2k $3.6m $3.6m 0.00% Reduced -6.6k -6,600
96 JPL Wealth Management, LLC 0.84% of their portfolio GREENWOOD VILLAGE, CO 135,877135.9k $3.5m $3.5m 0.84% Reduced -1.7k -1,743
97 BLUE SQUARE ASSET MANAGEMENT, LLC 1.54% of their portfolio NEW YORK, NY 135,071135.1k $3.5m $3.5m 1.54% Reduced -20 -20
98 SIGNATUREFD, LLC 0.05% of their portfolio ATLANTA, GA 129,609129.6k $3.4m $3.4m 0.05% Added +2.9k +2,906
99 MARIETTA INVESTMENT PARTNERS LLC 0.64% of their portfolio MILWAUKEE, WI 128,143128.1k $3.3m $3.3m 0.64% Added +11.7k +11,712
100 Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio Boston, MA 125,115125.1k $3.3m $3.3m 0.01% Reduced -14.2k -14,235