Vault-13

ING GROEP N.V. ING

SPONSORED ADR · ADR · CUSIP 456837103 · ISIN US4568371037

Dutch multinational banking and financial services corporation

527 institutional holders +63 vs Q3 2025
167,546,187167.5m shares reported held*
$4.7bnreported value*
76 new 172 added 167 reduced 26 sold out net sold ≈ $259.9m (-9.3m 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 ($9.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.01. Options: 12 managers hold calls ($87.1m notional), 10 hold puts ($35.0m).

Trends to Q4 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: 464Q4 25: 527527Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025527

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 25Q3 25: 253 bought or addedQ3 25: 184 cut or sold outQ4 25: 248 bought or addedQ4 25: 193 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024184187
Q2 2024185179
Q3 2024203173
Q4 2024187202
Q1 2025234172
Q2 2025252146
Q3 2025253184
Q4 2025248193

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ1 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 0.19Q4 25 calls: $87.1mQ4 25 puts: $35.0mQ4 25P/C 0.40
Numbers
QuarterCallsPutsP/C
Q1 2025$89.0m$26.9m0.30
Q2 2025$97.4m$7.7m0.08
Q3 2025$101.3m$19.4m0.19
Q4 2025$87.1m$35.0m0.40

Biggest buyers

WELLS FARGO & COMPANY/MN Added +1,032,177+1.0m
BlackRock, Inc. Added +784,896+784.9k
Qube Research & Technologies Ltd New +692,167+692.2k
FMR LLC Added +561,685+561.7k
Allspring Global Investments Holdings, LLC Added +369,310+369.3k
Point72 Asset Management, L.P. Added +337,415+337.4k
UMB Bank, n.a. Added +308,199+308.2k
Quantinno Capital Management LP Added +290,250+290.2k
AMERICAN CENTURY COMPANIES INC Added +242,488+242.5k
Vestmark Advisory Solutions, Inc. Added +214,194+214.2k

Biggest sellers

Fisher Asset Management, LLC Reduced -3,919,845-3.9m
Optiver Holding B.V. Reduced -1,916,085-1.9m
CITIGROUP INC Reduced -1,672,514-1.7m
JPMORGAN CHASE & CO Reduced -1,104,852-1.1m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -955,870-955.9k
BANK OF AMERICA CORP /DE/ Reduced -896,002-896.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -779,048-779.0k
LAZARD ASSET MANAGEMENT LLC Reduced -707,106-707.1k
CAUSEWAY CAPITAL MANAGEMENT LLC Reduced -616,240-616.2k
NORTHERN TRUST CORP Reduced -407,760-407.8k

Biggest calls

CITADEL ADVISORS LLC Reduced $65.1m2.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.4m334.7k shares
SIMPLEX TRADING, LLC Added $2.6m91.1k shares
Walleye Capital LLC Added $2.0m72.9k shares
PEAK6 LLC Reduced $1.7m61.2k shares
Walleye Trading LLC New $1.7m61.0k shares
Optiver Holding B.V. Reduced $1.5m55.1k shares
IMC-Chicago, LLC Added $1.3m47.7k shares
CAPITAL FUND MANAGEMENT S.A. Added $548.8k19.6k shares
GROUP ONE TRADING LLC Added $501.2k17.9k shares

Biggest puts

Optiver Holding B.V. Added $29.5m1.1m shares
CAPITAL FUND MANAGEMENT S.A. Added $1.3m45.1k shares
SIMPLEX TRADING, LLC Added $1.1m40.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m38.8k shares
CITADEL ADVISORS LLC Reduced $994.0k35.5k shares
DRW Securities, LLC Reduced $369.6k13.2k shares
GROUP ONE TRADING LLC Reduced $299.6k10.7k shares
IMC-Chicago, LLC Reduced $285.6k10.2k shares
Walleye Capital LLC Reduced $25.2k900 shares
Walleye Trading LLC New $2.8k100 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 Q4 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 Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.51% of their portfolio PLANO, TX 53,221,10953.2m $1.5bn $1.5bn 0.51% Reduced -3.9m -3,919,845
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 12,749,11212.7m $357.0m $357.0m 0.02% Reduced -173.2k -173,200
3 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 7,809,6107.8m $218.7m $218.7m 0.03% Added +195.9k +195,882
4 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.11% of their portfolio BOSTON, MA 6,815,1836.8m $190.8m $190.8m 0.11% Reduced -779.0k -779,048
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 6,389,2186.4m $178.9m $178.9m 0.01% Reduced -896.0k -896,002
6 FMR LLC 0.01% of their portfolio BOSTON, MA 6,363,7326.4m $178.2m $178.2m 0.01% Added +561.7k +561,685
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,177,2405.2m $145.0m $145.0m 0.00% Added +784.9k +784,896
8 Aristotle Capital Management, LLC 0.29% of their portfolio LOS ANGELES, CA 5,168,9385.2m $144.7m $144.7m 0.29% Reduced -147.6k -147,633
9 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 4,048,6384.0m $113.4m $113.4m 0.01% Reduced -407.8k -407,760
10 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 3,650,7903.7m $102.2m $102.2m 0.02% Reduced -39.4k -39,378
11 NATIXIS ADVISORS, LLC 0.12% of their portfolio Boston, MA 2,940,5792.9m $82.3m $82.3m 0.12% Reduced -304.9k -304,868
12 LAZARD ASSET MANAGEMENT LLC 0.14% of their portfolio NEW YORK, NY 2,915,8272.9m $81.6m $81.6m 0.14% Reduced -707.1k -707,106
13 TODD ASSET MANAGEMENT LLC 1.51% of their portfolio Louisville, KY 2,763,7102.8m $77.4m $77.4m 1.51% Reduced -31.7k -31,693
14 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,700,5732.7m $75.6m $75.6m 0.01% Added +1.0m +1,032,177
15 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 1,963,5092.0m $55.0m $55.0m 0.03% Added +242.5k +242,488
16 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.37% of their portfolio FRANKFORT, KY 1,784,6501.8m $50.0m $50.0m 0.37% Added +6.1k +6,100
17 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,648,7061.6m $46.2m $46.2m 0.01% Reduced -342.0k -342,030
18 Quantinno Capital Management LP 0.09% of their portfolio NEW YORK, NY 1,647,2091.6m $46.1m $46.1m 0.09% Added +290.2k +290,250
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,381,2141.4m $38.7m $38.7m 0.00% Reduced -1.1m -1,104,852
20 CAUSEWAY CAPITAL MANAGEMENT LLC 0.38% of their portfolio LOS ANGELES, CA 982,006982.0k $27.5m $27.5m 0.38% Reduced -616.2k -616,240
21 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 835,381835.4k $23.4m $23.4m 0.03% Reduced -11.3k -11,289
22 CAMBIAR INVESTORS LLC 0.96% of their portfolio Denver, CO 769,078769.1k $21.5m $21.5m 0.96% Reduced -207.6k -207,553
23 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 760,662760.7k $21.3m $21.3m 0.01% Reduced -26.4k -26,428
24 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 730,761730.8k $20.5m $20.5m 0.02% Reduced -29.6k -29,601
25 Guardian Partners Inc. 1.76% of their portfolio TORONTO, Z4 718,678718.7k $21.9m $21.9m 1.76% Added +7.2k +7,172
26 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 717,950718.0k $20.1m $20.1m 0.01% Added +157.1k +157,111
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 710,924710.9k $19.9m $19.9m 0.00% Reduced -32.9k -32,896
28 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 692,167692.2k $19.4m $19.4m 0.03% New
29 THORNBURG INVESTMENT MANAGEMENT INC 0.22% of their portfolio SANTA FE, NM 632,753632.8k $17.7m $17.7m 0.22% Added +86.4k +86,364
30 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 575,314575.3k $16.1m $16.1m 0.00% Added +33.1k +33,102
31 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 557,815557.8k $15.6m $15.6m 0.02% Added +337.4k +337,415
32 ABC ARBITRAGE SA 1.46% of their portfolio PARIS, I0 556,894556.9k $15.6m $15.6m 1.46% Reduced -344.0k -344,042
33 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.08% of their portfolio Stamford, CT 542,264542.3k $15.2m $15.2m 0.08% Added +32.9k +32,866
34 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 540,563540.6k $15.1m $15.1m 0.01% Added +9.2k +9,235
35 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 534,231534.2k $15.0m $15.0m 0.01% Reduced -3.6k -3,598
36 UBS Group AG 0.00% of their portfolio ZURICH, V8 486,662486.7k $13.6m $13.6m 0.00% Reduced -32.4k -32,351
37 Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio VANCOUVER, A1 480,527480.5k $13.5m $13.5m 0.04% Added +188.4k +188,361
38 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 462,155462.2k $12.9m $12.9m 0.00% Added +56.4k +56,398
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 456,395456.4k $12.8m $12.8m 0.00% Added +8.1k +8,119
40 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 453,769453.8k $12.7m $12.7m 0.02% Reduced -37.4k -37,392
41 Pathstone Holdings, LLC 0.05% of their portfolio ENGLEWOOD, NJ 434,215434.2k $12.2m $12.2m 0.05% Reduced -96.0k -96,011
42 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 429,176429.2k $12.0m $12.0m 0.01% Added +48.2k +48,174
43 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 416,814416.8k $11.7m $11.7m 0.01% Added +3.6k +3,617
44 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 411,022411.0k $11.8m $11.8m 0.02% Added +369.3k +369,310
45 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 385,715385.7k $10.8m $10.8m 0.01% Added +32.2k +32,170
46 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 375,799375.8k $10.5m $10.5m 0.00% Reduced -17.4k -17,407
47 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 375,203375.2k $10.5m $10.5m 0.01% Reduced -1.7m -1,672,514
48 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 360,161360.2k $10.1m $10.1m 0.01% Added +13.6k +13,553
49 Curi Capital, LLC 0.17% of their portfolio CHICAGO, IL 355,822355.8k $10.0m $10.0m 0.17% Added +94.4k +94,362
50 CAPITAL FUND MANAGEMENT S.A. 0.09% of their portfolio PARIS, I0 354,581354.6k $9.9m $9.9m 0.09% Reduced -92.1k -92,080
51 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 320,631320.6k $9.0m $9.0m 0.01% Added +18.1k +18,101
52 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 317,841317.8k $8.9m $8.9m 0.01% Added +14.9k +14,933
53 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 312,033312.0k $8.7m $8.7m 0.00% Reduced -3.4k -3,393
54 UMB Bank, n.a. 0.12% of their portfolio Kansas City, MO 309,114309.1k $8.7m $8.7m 0.12% Added +308.2k +308,199
55 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 303,498303.5k $8.5m $8.5m 0.03% Added +82.4k +82,406
56 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 286,547286.5k $8.0m $8.0m 0.00% Added +48.9k +48,926
57 BRIDGES INVESTMENT MANAGEMENT INC 0.10% of their portfolio OMAHA, NE 277,987278.0k $7.8m $7.8m 0.10% Reduced -225.6k -225,640
58 Vestmark Advisory Solutions, Inc. 0.10% of their portfolio Wakefield, MA 276,993277.0k $7.8m $7.8m 0.10% Added +214.2k +214,194
59 LOGAN CAPITAL MANAGEMENT INC 0.33% of their portfolio Newtown Square, PA 276,801276.8k $7.8m $7.8m 0.33% Added +28.2k +28,163
60 Capital Investment Counsel, LLC 1.06% of their portfolio DENVER, CO 272,776272.8k $7.6m $7.6m 1.06% Added +2.8k +2,766
61 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 272,046272.0k $7.6m $7.6m 0.03% Added +1.9k +1,886
62 Transmarket Holdings LP 5.41% of their portfolio CHICAGO, IL 264,459264.5k $7.4m $7.4m 5.41% First filing
63 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 261,134261.1k $7.3m $7.3m 0.00% Reduced -5.0k -5,007
64 Boston Common Asset Management, LLC 0.44% of their portfolio BOSTON, MA 260,417260.4k $7.3m $7.3m 0.44% Reduced -11.9k -11,882
65 Mariner, LLC 0.01% of their portfolio Overland Park, KS 258,692258.7k $7.2m $7.2m 0.01% Added +17.0k +17,029
66 Tower Research Capital LLC (TRC) 0.17% of their portfolio NEW YORK, NY 256,336256.3k $7.2m $7.2m 0.17% Added +35.2k +35,181
67 Crossmark Global Holdings, Inc. 0.10% of their portfolio HOUSTON, TX 247,804247.8k $6.9m $6.9m 0.10% Reduced -29.7k -29,735
68 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 231,061231.1k $6.5m $6.5m 0.02% Reduced -186.6k -186,557
69 Boston Partners 0.01% of their portfolio BOSTON, MA 229,679229.7k $6.4m $6.4m 0.01% Reduced -16.3k -16,291
70 Campbell & CO Investment Adviser LLC 0.31% of their portfolio BALTIMORE, MD 228,282228.3k $6.4m $6.4m 0.31% Added +135.9k +135,936
71 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 220,253220.3k $6.2m $6.2m 0.01% Reduced -13.0k -13,025
72 Capital Research Global Investors 0.00% of their portfolio Los Angeles, CA 217,394217.4k $6.1m $6.1m 0.00% Added +4.8k +4,836
73 1832 Asset Management L.P. 0.01% of their portfolio TORONTO, A6 212,752212.8k $6.0m $6.0m 0.01% New
74 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 209,965210.0k $5.9m $5.9m 0.04% Reduced -10.4k -10,351
75 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.50% of their portfolio MISSISSAUGA, A6 208,280208.3k $5.8m $5.8m 0.50% Reduced -19.0k -18,979
76 RITHOLTZ WEALTH MANAGEMENT 0.11% of their portfolio NEW YORK, NY 206,902206.9k $5.8m $5.8m 0.11% Added +5.0k +5,010
77 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 203,081203.1k $5.7m $5.7m 0.01% Added +150.8k +150,750
78 Dynamic Advisor Solutions LLC 0.18% of their portfolio PHOENIX, AZ 202,935202.9k $5.7m $5.7m 0.18% Reduced -2.0k -2,044
79 Laird Norton Wetherby Trust Company, LLC 0.12% of their portfolio Seattle, WA 198,846198.8k $5.6m $5.6m 0.12% New
80 Vanguard Personalized Indexing Management, LLC 0.05% of their portfolio OAKLAND, CA 193,719193.7k $5.4m $5.4m 0.05% Reduced -3.5k -3,489
81 Hennion & Walsh Asset Management, Inc. 0.18% of their portfolio Parsippany, NJ 190,638190.6k $5.3m $5.3m 0.18% Reduced -29.2k -29,153
82 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 190,005190.0k $5.3m $5.3m 0.01% Added +20.9k +20,923
83 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 188,564188.6k $5.3m $5.3m 0.03% Added +38.5k +38,474
84 QRG CAPITAL MANAGEMENT, INC. 0.06% of their portfolio BERWYN, PA 178,924178.9k $5.0m $5.0m 0.06% Added +1.7k +1,691
85 WASATCH ADVISORS LP 0.03% of their portfolio SALT LAKE CITY, UT 175,000175.0k $4.9m $4.9m 0.03% Unchanged
86 EAGLE GLOBAL ADVISORS LLC 0.18% of their portfolio Houston, TX 174,948174.9k $4.9m $4.9m 0.18% Reduced -1.7k -1,673
87 Callan Family Office, LLC 0.10% of their portfolio RADNOR, PA 168,388168.4k $4.7m $4.7m 0.10% Added +71.1k +71,091
88 Pinnacle Financial Partners, Inc. 0.03% of their portfolio ATLANTA, GA 162,043162.0k $4.5m $4.5m 0.03% First filing
89 Ethic Inc. 0.07% of their portfolio NEW YORK, NY 160,266160.3k $4.5m $4.5m 0.07% Reduced -5.7k -5,695
90 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 156,381156.4k $4.4m $4.4m 0.00% Added +78.0k +77,994
91 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 152,912152.9k $4.3m $4.3m 0.01% Reduced -19.5k -19,527
92 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 149,565149.6k $4.2m $4.2m 0.01% Added +3.6k +3,620
93 Meridian Wealth Management, LLC 0.15% of their portfolio LEXINGTON, KY 147,724147.7k $4.1m $4.1m 0.15% Reduced -358 -358
94 Aquatic Capital Management LLC 0.11% of their portfolio CHICAGO, IL 138,447138.4k $3.9m $3.9m 0.11% Added +125.4k +125,401
95 BLUE SQUARE ASSET MANAGEMENT, LLC 1.67% of their portfolio NEW YORK, NY 134,479134.5k $3.8m $3.8m 1.67% Reduced -592 -592
96 JPL Wealth Management, LLC 0.91% of their portfolio GREENWOOD VILLAGE, CO 133,999134.0k $3.8m $3.8m 0.91% Reduced -1.9k -1,878
97 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 131,574131.6k $3.7m $3.7m 0.00% Reduced -34.7k -34,740
98 SIGNATUREFD, LLC 0.06% of their portfolio ATLANTA, GA 130,586130.6k $3.7m $3.7m 0.06% Added +977 +977
99 Sanders Capital, LLC 0.00% of their portfolio West Palm Beach, FL 128,385128.4k $3.6m $3.6m 0.00% Reduced -8.8k -8,800
100 HANTZ FINANCIAL SERVICES, INC. 0.05% of their portfolio SOUTHFIELD, MI 121,500121.5k $3.4m $3.4m 0.05% Added +4.0k +4,014