ITRON INC ITRI
COM · Common Stock · CUSIP 465741106 · ISIN US4657411066
American technology company
* 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 ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 45.5m as of 2023-10-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $75.51. Options: 8 managers hold calls ($11.0m notional), 7 hold puts ($22.5m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 241 |
| Q4 2022 | 247 |
| Q1 2023 | 250 |
| Q2 2023 | 280 |
| Q3 2023 | 283 |
| Q4 2023 | 309 |
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 | 119 | 117 |
| Q1 2023 | 116 | 115 |
| Q2 2023 | 142 | 131 |
| Q3 2023 | 138 | 134 |
| Q4 2023 | 134 | 155 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $28.9m | $15.8m | 0.55 |
| Q2 2023 | $17.1m | $16.4m | 0.96 |
| Q3 2023 | $18.2m | $14.9m | 0.81 |
| Q4 2023 | $11.0m | $22.5m | 2.05 |
Biggest buyers
| BlackRock Inc. | Added | +639.5k |
| MORGAN STANLEY | Added | +517.2k |
| JPMORGAN CHASE & CO | Added | +403.5k |
| Encompass Capital Advisors LLC | New | +330.3k |
| CRAMER ROSENTHAL MCGLYNN LLC | New | +308.0k |
| Nuveen Asset Management, LLC | Added | +292.2k |
| Balyasny Asset Management L.P. | Added | +210.2k |
| Mesirow Institutional Investment Management, Inc. | New | +154.3k |
| MARSHALL WACE, LLP | Added | +132.1k |
| BRAUN STACEY ASSOCIATES INC | Added | +126.3k |
Biggest sellers
| Amundi | Reduced | -548.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -447.7k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -304.7k |
| Employees Retirement System of Texas | Sold out | -299.0k |
| Bank of New York Mellon Corp | Reduced | -185.9k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -77.4k |
| CASTLEARK MANAGEMENT LLC | Sold out | -76.6k |
| Robeco Schweiz AG | Reduced | -75.0k |
| TRILLIUM ASSET MANAGEMENT, LLC | Reduced | -74.0k |
| G2 Investment Partners Management LLC | Sold out | -72.5k |
Biggest calls
| Caption Management, LLC | Reduced | $8.4m111.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.6m21.6k shares |
| CITADEL ADVISORS LLC | Reduced | $468.2k6.2k shares |
| PEAK6 Investments LLC | Reduced | $377.6k5.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $37.0k500 shares |
| Walleye Trading LLC | New | $15.1k200 shares |
| GROUP ONE TRADING LLC | Reduced | $7.6k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Caption Management, LLC | Reduced | $14.4m190.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.0m53.5k shares |
| Man Group plc | New | $3.6m47.5k shares |
| CITADEL ADVISORS LLC | Reduced | $211.4k2.8k shares |
| Walleye Capital LLC | New | $98.2k1.3k shares |
| PEAK6 Investments LLC | Unchanged | $75.5k1.0k shares |
| Walleye Trading LLC | New | $45.3k600 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-29 | 15.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2023
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 8 | $1.3m | — |
| Q2 2022 | 0 | — | 2 | $39.8k | — |
| Q3 2022 | 0 | — | 3 | $160.6k | — |
| Q4 2022 | 0 | — | 1 | $102.9k | — |
| Q1 2023 | 0 | — | 7 | $1.2m | — |
| Q2 2023 | 0 | — | 3 | $613.8k | — |
| Q3 2023 | 0 | — | 2 | $106.4k | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 8.3m $626.0m | Added +639.5k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.7m $427.0m | Reduced -12.6k |
| Amundi 0.07% of their portfolio | 1.9m $146.2m | Reduced -548.7k |
| STATE STREET CORP 0.01% of their portfolio | 1.8m $132.3m | Added +34.5k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.7m $127.0m | Added +51.9k |
| Invesco Ltd. 0.02% of their portfolio | 1.2m $91.5m | Reduced -58.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $84.2m | Added +517.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.0m $76.1m | Added +42.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 935.2k $70.6m | Reduced -185.9k |
| PGGM Investments 1.02% of their portfolio | 885.5k $66.9m | Reduced -57.8k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 853.6k $64.5m | Reduced -3.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 823.5k $62.2m | Added +111.4k |
| Aristotle Capital Boston, LLC 1.86% of their portfolio | 804.8k $60.8m | Reduced -32.1k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 754.2k $56.9m | Added +1.5k |
| Robeco Schweiz AG 0.93% of their portfolio | 731.2k $55.2m | Reduced -75.0k |
| Guinness Asset Management LTD 0.97% of their portfolio | 586.0k $44.3m | Reduced -49.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 578.0k $43.6m | Added +403.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 559.0k $42.2m | Added +22.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 548.7k $41.4m | Added +292.2k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 531.0k $40.1m | Reduced -2.6k |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 519.9k $39.3m | Added +112.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 518.2k $39.1m | Added +15.2k |
| Vontobel Holding Ltd. 0.27% of their portfolio | 423.7k $32.0m | Added +57.0k |
| Erste Asset Management GmbH 0.46% of their portfolio | 410.0k $31.3m | Added +6.0k |
| PINNACLE ASSOCIATES LTD 0.51% of their portfolio | 398.4k $30.1m | Added +1.1k |
| Encompass Capital Advisors LLC 1.46% of their portfolio | 330.3k $24.9m | New |
| NORGES BANK 0.00% of their portfolio | 324.5k $24.5m | Reduced -27.3k |
| CRAMER ROSENTHAL MCGLYNN LLC 1.26% of their portfolio | 308.0k $23.3m | New |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 307.2k $23.2m | Reduced -35.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 291.6k $22.0m | Reduced -447.7k |
| AXA S.A. 0.03% of their portfolio | 276.9k $20.9m | Added +87.1k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 264.9k $20.0m | Added +1.2k |
| Legal & General Group Plc 0.01% of their portfolio | 255.6k $19.3m | Reduced -1.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 254.0k $19.2m | Reduced -5.6k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 248.3k $18.7m | Reduced -7.4k |
| ARDSLEY ADVISORY PARTNERS LP 4.02% of their portfolio | 247.5k $18.7m | Reduced -28.5k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 220.2k $16.6m | Reduced -1.2k |
| BRAUN STACEY ASSOCIATES INC 0.73% of their portfolio | 216.2k $16.3m | Added +126.3k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 213.5k $16.1m | Added +210.2k |
| STOREBRAND ASSET MANAGEMENT AS 0.06% of their portfolio | 212.9k $16.1m | Reduced -15.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 207.0k $15.6m | Reduced -304.7k |
| KBC Group NV 0.05% of their portfolio | 199.4k $15.1m | Unchanged |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 197.3k $14.9m | Reduced -397 |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 188.4k $14.2m | Reduced -58.3k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 182.8k $13.8m | Added +19.7k |
| ALPS ADVISORS INC 0.10% of their portfolio | 168.8k $12.7m | Reduced -28.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 165.3k $12.5m | Reduced -6.4k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 163.3k $12.3m | Reduced -62.5k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 156.6k $12.0m | Added +22.9k |
| Cubist Systematic Strategies, LLC 0.15% of their portfolio | 155.2k $11.7m | Reduced -42.6k |
| Mesirow Institutional Investment Management, Inc. 1.09% of their portfolio | 154.3k $11.7m | New |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.35% of their portfolio | 154.0k $11.6m | Added +50.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 154.0k $11.6m | Added +16.5k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 153.9k $11.6m | Added +132.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 142.2k $10.7m | Reduced -5.2k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 139.1k $10.5m | Added +5.0k |
| Arosa Capital Management LP 6.53% of their portfolio | 138.9k $10.5m | Reduced -49.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 130.2k $9.8m | Added +15.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 129.5k $9.8m | Added +9.5k |
| ALGERT GLOBAL LLC 0.39% of their portfolio | 128.7k $9.7m | Added +36.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 123.7k $9.3m | Added +35.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 120.5k $9.1m | Reduced -27.7k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.25% of their portfolio | 110.5k $8.3m | Reduced -20.4k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 102.5k $7.7m | Reduced -1.4k |
| CREDIT AGRICOLE S A 0.16% of their portfolio | 101.2k $7.6m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 100.0k $7.5m | Reduced -3.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 95.0k $7.2m | Added +19.9k |
| Public Sector Pension Investment Board 0.05% of their portfolio | 94.4k $7.1m | Added +38.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 90.1k $6.8m | Added +20.8k |
| Swiss National Bank 0.00% of their portfolio | 89.5k $6.8m | Reduced -10.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 88.6k $6.7m | Reduced -5.2k |
| BARCLAYS PLC 0.00% of their portfolio | 85.0k $6.4m | Added +61.1k |
| UBS Group AG 0.00% of their portfolio | 84.3k $6.4m | Added +47.1k |
| Man Group plc 0.02% of their portfolio | 72.5k $5.5m | New |
| Clear Sky Carbon Solutions Investment Management, LLC 2.46% of their portfolio | 69.8k $5.3m | Reduced -6.9k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 68.8k $5.2m | Added +15.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 68.4k $5.2m | Reduced -470 |
| Trexquant Investment LP 0.12% of their portfolio | 68.0k $5.1m | Added +10.5k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 67.0k $5.1m | Reduced -77.4k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 66.5k $5.0m | Reduced -44.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 66.2k $5.0m | Added +35.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 65.5k $4.9m | Reduced -911 |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 65.2k $4.9m | Added +27.7k |
| GAMCO INVESTORS, INC. ET AL 0.05% of their portfolio | 65.0k $4.9m | Reduced -1.2k |
| JOHN G ULLMAN & ASSOCIATES INC 0.76% of their portfolio | 63.4k $4.8m | Reduced -1.1k |
| AMI ASSET MANAGEMENT CORP 0.25% of their portfolio | 61.4k $4.6m | Reduced -1.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 56.8k $4.3m | Added +608 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 56.2k $4.2m | Added +17.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 53.7k $4.0m | Added +3.6k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 49.2k $3.7m | Added +28.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 48.0k $3.6m | Reduced -2.2k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 47.6k $3.6m | Added +16.2k |
| NICOLA WEALTH MANAGEMENT LTD. 0.36% of their portfolio | 45.0k $3.4m | Reduced -9.0k |
| CITIGROUP INC 0.00% of their portfolio | 41.4k $3.1m | Added +11.1k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 40.6k $3.1m | Reduced -1.0k |
| Advisors Asset Management, Inc. 0.06% of their portfolio | 39.9k $3.0m | Reduced -1.5k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio | 39.3k $3.0m | Added +690 |
| FMR LLC 0.00% of their portfolio | 39.0k $2.9m | Added +12.7k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 38.1k $2.9m | Added +2.7k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 35.7k $2.7m | Added +4.9k |