JOHNSON & JOHNSON JNJ
COM · Common Stock · CUSIP 478160104 · ISIN US4781601046
U.S. multinational manufacturer of pharmaceuticals and medical devices
* 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 ($1.2bn this quarter). Holder counts are more reliable. Shares outstanding: 2.4bn as of 2024-07-19, 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 ≈ $146.14. Options: 65 managers hold calls ($2.1bn notional), 71 hold puts ($1.8bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 3,629 |
| Q4 2022 | 3,793 |
| Q1 2023 | 3,736 |
| Q2 2023 | 3,759 |
| Q3 2023 | 3,688 |
| Q4 2023 | 3,877 |
| Q1 2024 | 3,858 |
| Q2 2024 | 3,815 |
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 | 1,685 | 1,576 |
| Q1 2023 | 1,786 | 1,704 |
| Q2 2023 | 1,737 | 1,729 |
| Q3 2023 | 1,324 | 2,184 |
| Q4 2023 | 1,391 | 2,008 |
| Q1 2024 | 1,673 | 1,878 |
| Q2 2024 | 1,621 | 1,943 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $3.3bn | $2.8bn | 0.86 |
| Q4 2023 | $3.3bn | $2.8bn | 0.84 |
| Q1 2024 | $2.7bn | $2.3bn | 0.84 |
| Q2 2024 | $2.1bn | $1.8bn | 0.85 |
Biggest buyers
| BlackRock Inc. | Added | +8.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +4.8m |
| MARSHALL WACE, LLP | Added | +3.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +3.1m |
| FRANKLIN RESOURCES INC | Added | +2.7m |
| Ninety One UK Ltd | Added | +2.5m |
| Invesco Ltd. | Added | +2.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +1.8m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.8m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.8m |
Biggest sellers
| MORGAN STANLEY | Reduced | -85.6m |
| Capital International Investors | Reduced | -12.1m |
| BARCLAYS PLC | Reduced | -3.1m |
| California Public Employees Retirement System | Reduced | -1.6m |
| APG Asset Management N.V. | Reduced | -1.5m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -1.2m |
| Global Assets Advisory, LLC | Reduced | -1.1m |
| Fiera Capital Corp | Reduced | -992.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -885.1k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -808.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $503.7m3.4m shares |
| CITADEL ADVISORS LLC | Reduced | $386.8m2.6m shares |
| JANE STREET GROUP, LLC | Added | $151.3m1.0m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $100.7m689.2k shares |
| UBS Group AG | Added | $88.2m603.5k shares |
| IMC-Chicago, LLC | Added | $84.3m577.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $77.2m528.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $75.8m518.7k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $72.8m497.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $65.1m445.6k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $241.9m1.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $232.6m1.6m shares |
| Eisler Capital (UK) Ltd. | Added | $104.2m712.6k shares |
| JANE STREET GROUP, LLC | Reduced | $84.4m577.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $79.7m545.3k shares |
| UBS Group AG | Reduced | $77.0m526.7k shares |
| CITIGROUP INC | Reduced | $76.0m520.2k shares |
| Twin Tree Management, LP | Added | $75.4m516.0k shares |
| IMC-Chicago, LLC | Added | $71.6m490.2k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $71.2m487.1k 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.
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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-05-01 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 8 | $67.8m | — |
| Q1 2023 | 0 | — | 1 | $164.2k | — |
| Q2 2023 | 0 | — | 1 | $2.0m | — |
| Q3 2023 | 0 | — | 2 | $5.9m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $10.7m | — |
| Q2 2024 | 1 | $14.6k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-04-30 | Woods Eugene A. Director · By Trust | Bought | $14.6k100 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.64% of their portfolio | 229.0m $33.5bn | Added +103.3k |
| BlackRock Inc. 0.66% of their portfolio | 198.2m $29.0bn | Added +8.5m |
| STATE STREET CORP 0.85% of their portfolio | 133.1m $19.5bn | Reduced -428.1k |
| JPMORGAN CHASE & CO 0.37% of their portfolio | 59.4m $8.7bn | Reduced -649.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.71% of their portfolio | 55.1m $8.0bn | Added +1.8m |
| MORGAN STANLEY 0.48% of their portfolio | 42.1m $6.1bn | Reduced -85.6m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 4.18% of their portfolio | 31.7m $4.6bn | Unchanged |
| NORGES BANK 0.64% of their portfolio | 29.1m $4.3bn | Added +603.6k |
| NORTHERN TRUST CORP 0.70% of their portfolio | 28.4m $4.2bn | Reduced -202.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.44% of their portfolio | 24.9m $3.6bn | Added +3.1m |
| WELLINGTON MANAGEMENT GROUP LLP 0.65% of their portfolio | 24.8m $3.6bn | Added +1.1m |
| BANK OF AMERICA CORP /DE/ 0.34% of their portfolio | 24.5m $3.6bn | Added +743.0k |
| Bank of New York Mellon Corp 0.60% of their portfolio | 21.7m $3.2bn | Reduced -450.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.84% of their portfolio | 18.8m $2.7bn | Added +1.8m |
| Legal & General Group Plc 0.77% of their portfolio | 18.6m $2.7bn | Added +71.3k |
| WELLS FARGO & COMPANY/MN 0.68% of their portfolio | 18.1m $2.6bn | Reduced -515.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.76% of their portfolio | 18.0m $2.6bn | Added +4.8m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.49% of their portfolio | 17.5m $2.6bn | Added +1.4m |
| FMR LLC 0.16% of their portfolio | 17.1m $2.5bn | Added +173.6k |
| Invesco Ltd. 0.52% of their portfolio | 16.7m $2.4bn | Added +2.4m |
| FRANKLIN RESOURCES INC 0.68% of their portfolio | 15.1m $2.2bn | Added +2.7m |
| DEUTSCHE BANK AG\ 0.97% of their portfolio | 14.7m $2.2bn | Added +643.7k |
| ROYAL BANK OF CANADA 0.52% of their portfolio | 14.7m $2.2bn | Added +1.5m |
| AMERIPRISE FINANCIAL INC 0.57% of their portfolio | 14.4m $2.1bn | Added +754.2k |
| DIMENSIONAL FUND ADVISORS LP 0.50% of their portfolio | 13.1m $1.9bn | Added +1.8m |
| Amundi 0.62% of their portfolio | 11.0m $1.6bn | Added +1.0m |
| GOLDMAN SACHS GROUP INC 0.30% of their portfolio | 10.6m $1.6bn | Added +261.4k |
| ROBERT WOOD JOHNSON FOUNDATION 95.90% of their portfolio | 10.4m $1.5bn | Unchanged |
| UBS Group AG 0.46% of their portfolio | 10.3m $1.5bn | Added +275.2k |
| HSBC HOLDINGS PLC 0.93% of their portfolio | 9.9m $1.4bn | Reduced -127.7k |
| Nuveen Asset Management, LLC 0.39% of their portfolio | 9.1m $1.3bn | Reduced -220.8k |
| California Public Employees Retirement System 0.97% of their portfolio | 9.0m $1.3bn | Reduced -1.6m |
| AMERICAN CENTURY COMPANIES INC 0.72% of their portfolio | 8.0m $1.2bn | Added +437.6k |
| Swiss National Bank 0.72% of their portfolio | 7.1m $1.0bn | Reduced -74.4k |
| JOURNEY STRATEGIC WEALTH LLC 43.54% of their portfolio | 7.0m $1.0bn | Added +129.0k |
| Fisher Asset Management, LLC 0.45% of their portfolio | 7.0m $1.0bn | Added +386.6k |
| Ninety One UK Ltd 2.71% of their portfolio | 6.7m $980.6m | Added +2.5m |
| NORDEA INVESTMENT MANAGEMENT AB 1.11% of their portfolio | 6.4m $943.2m | Reduced -1.2m |
| FLOSSBACH VON STORCH SE 3.88% of their portfolio | 6.3m $925.4m | Added +291.0k |
| PNC Financial Services Group, Inc. 0.61% of their portfolio | 6.3m $921.9m | Reduced -157.9k |
| RAYMOND JAMES & ASSOCIATES 0.60% of their portfolio | 6.3m $916.0m | Reduced -116.9k |
| Grantham, Mayo, Van Otterloo & Co. LLC 2.97% of their portfolio | 6.0m $880.5m | Added +1.2m |
| Clearbridge Investments, LLC 0.71% of their portfolio | 6.0m $879.7m | Added +197.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.65% of their portfolio | 6.0m $876.1m | Reduced -410.6k |
| BANK OF MONTREAL /CAN/ 0.26% of their portfolio | 5.8m $863.6m | Added +375.3k |
| NEUBERGER BERMAN GROUP LLC 0.65% of their portfolio | 5.4m $789.7m | Reduced -600.2k |
| BARCLAYS PLC 0.35% of their portfolio | 5.2m $754.0m | Reduced -3.1m |
| LAZARD ASSET MANAGEMENT LLC 0.93% of their portfolio | 5.1m $741.2m | Reduced -808.3k |
| Capital International Investors 0.15% of their portfolio | 5.1m $741.0m | Reduced -12.1m |
| ALLIANCEBERNSTEIN L.P. 0.24% of their portfolio | 4.7m $689.1m | Reduced -484.1k |
| STIFEL FINANCIAL CORP 0.73% of their portfolio | 4.4m $649.6m | Added +63.7k |
| RHUMBLINE ADVISERS 0.60% of their portfolio | 4.4m $638.6m | Added +36.3k |
| DekaBank Deutsche Girozentrale 1.15% of their portfolio | 4.4m $637.9m | Reduced -124.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.22% of their portfolio | 4.3m $626.1m | Added +109.2k |
| Baird Financial Group, Inc. 1.22% of their portfolio | 4.0m $589.8m | Added +28.7k |
| National Pension Service 0.67% of their portfolio | 4.0m $584.3m | Added +76.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.57% of their portfolio | 4.0m $584.2m | Added +509.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.71% of their portfolio | 3.9m $576.1m | Added +17.3k |
| MARSHALL WACE, LLP 0.80% of their portfolio | 3.9m $567.8m | Added +3.2m |
| Independent Franchise Partners LLP 5.20% of their portfolio | 3.9m $564.5m | Reduced -188.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.61% of their portfolio | 3.8m $559.8m | Added +1.5m |
| Allianz Asset Management GmbH 0.85% of their portfolio | 3.6m $522.3m | Added +234.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.67% of their portfolio | 3.5m $510.3m | Reduced -41.7k |
| HighTower Advisors, LLC 0.78% of their portfolio | 3.5m $506.3m | Reduced -271.8k |
| MACKENZIE FINANCIAL CORP 0.75% of their portfolio | 3.4m $503.0m | Added +57.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.61% of their portfolio | 3.4m $501.0m | Added +355.5k |
| LPL Financial LLC 0.25% of their portfolio | 3.4m $492.5m | Added +182.8k |
| AQR CAPITAL MANAGEMENT LLC 0.75% of their portfolio | 3.4m $489.2m | Added +932.5k |
| Fiera Capital Corp 1.50% of their portfolio | 3.3m $483.4m | Reduced -992.9k |
| NATIONAL BANK OF CANADA /FI/ 0.74% of their portfolio | 3.3m $478.3m | Added +817.1k |
| CANADA LIFE ASSURANCE Co 0.90% of their portfolio | 3.3m $476.2m | Added +188.3k |
| PRUDENTIAL FINANCIAL INC 0.71% of their portfolio | 3.2m $471.4m | Reduced -281.0k |
| Bridgewater Associates, LP 2.45% of their portfolio | 3.2m $468.3m | Added +361.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.27% of their portfolio | 3.1m $459.4m | Reduced -30.3k |
| LSV ASSET MANAGEMENT 0.95% of their portfolio | 3.0m $435.2m | Added +841.4k |
| US BANCORP \DE\ 0.55% of their portfolio | 2.7m $400.7m | Reduced -69.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.37% of their portfolio | 2.7m $392.6m | Added +7.1k |
| Corient Private Wealth LP 0.68% of their portfolio | 2.7m $392.0m | Reduced -127.2k |
| Raymond James Financial Services Advisors, Inc. 0.54% of their portfolio | 2.6m $383.1m | Added +41.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.38% of their portfolio | 2.6m $379.5m | Reduced -367.6k |
| Caisse de depot et placement du Quebec 0.90% of their portfolio | 2.5m $371.1m | Reduced -438.5k |
| Mawer Investment Management Ltd. 1.75% of their portfolio | 2.5m $370.1m | Reduced -442.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.69% of their portfolio | 2.4m $351.2m | Reduced -493.0k |
| MACQUARIE GROUP LTD 0.40% of their portfolio | 2.4m $346.0m | Reduced -58.9k |
| CITIGROUP INC 0.33% of their portfolio | 2.4m $345.3m | Reduced -110.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.72% of their portfolio | 2.3m $342.0m | Reduced -69.5k |
| LONDON CO OF VIRGINIA 1.82% of their portfolio | 2.2m $323.9m | Reduced -119.6k |
| Aberdeen Group plc 0.61% of their portfolio | 2.2m $317.6m | Added +258.2k |
| TRUIST FINANCIAL CORP 0.47% of their portfolio | 2.1m $310.3m | Added +98.9k |
| Qube Research & Technologies Ltd 0.57% of their portfolio | 2.1m $308.9m | Reduced -328.0k |
| Swedbank AB 0.41% of their portfolio | 2.1m $307.5m | Added +10.0k |
| Bank Julius Baer & Co. Ltd, Zurich 1.27% of their portfolio | 2.1m $331.0m | Reduced -238.1k |
| Russell Investments Group, Ltd. 0.49% of their portfolio | 2.1m $302.2m | Reduced -14.4k |
| COMGEST GLOBAL INVESTORS S.A.S. 3.99% of their portfolio | 2.0m $290.6m | Added +127.1k |
| JENSEN INVESTMENT MANAGEMENT INC 2.27% of their portfolio | 1.9m $277.5m | Reduced -119.3k |
| M&T Bank Corp 0.94% of their portfolio | 1.9m $276.3m | Reduced -106.5k |
| Ensign Peak Advisors, Inc 0.50% of their portfolio | 1.9m $271.0m | Reduced -118.5k |
| FIRST TRUST ADVISORS LP 0.28% of their portfolio | 1.8m $269.9m | Added +167.3k |
| Boston Partners 0.33% of their portfolio | 1.8m $262.3m | Reduced -25.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.62% of their portfolio | 1.8m $261.0m | Reduced -47.8k |