KENVUE INC KVUE
COM · Common Stock · CUSIP 49177J102 · ISIN US49177J1025
American consumer health company
- SectorConsumer staples
- IndustryPerfumes, Cosmetics & Other Toilet Preparations
- HeadquartersSummit, NJ
- Websitekenvue.com
- FilingsSEC EDGAR
* 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 ($73.8m this quarter). Holder counts are more reliable. Shares outstanding: 1.9bn as of 2024-08-02, 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 ≈ $18.19. Options: 30 managers hold calls ($283.5m notional), 25 hold puts ($156.0m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 163 |
| Q3 2023 | 916 |
| Q4 2023 | 984 |
| Q1 2024 | 963 |
| Q2 2024 | 999 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 884 | 32 |
| Q4 2023 | 563 | 425 |
| Q1 2024 | 511 | 468 |
| Q2 2024 | 563 | 421 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.4bn | $690.9m | 0.49 |
| Q4 2023 | $1.6bn | $822.3m | 0.51 |
| Q1 2024 | $418.6m | $149.5m | 0.36 |
| Q2 2024 | $283.5m | $156.0m | 0.55 |
Biggest buyers
| VANGUARD GROUP INC | Added | +45.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +42.6m |
| CITADEL ADVISORS LLC | Added | +18.7m |
| BlackRock Inc. | Added | +18.7m |
| FMR LLC | Added | +14.8m |
| STATE STREET CORP | Added | +14.0m |
| HARRIS ASSOCIATES L P | Added | +11.6m |
| VAN ECK ASSOCIATES CORP | Added | +10.8m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +10.6m |
| Bank of New York Mellon Corp | Added | +7.5m |
Biggest sellers
| JOHNSON & JOHNSON | Sold out | -182.3m |
| MORGAN STANLEY | Reduced | -34.4m |
| Pacer Advisors, Inc. | Reduced | -20.4m |
| BANK OF AMERICA CORP /DE/ | Reduced | -11.1m |
| Southpoint Capital Advisors LP | Sold out | -10.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -10.0m |
| T. Rowe Price Investment Management, Inc. | Sold out | -9.2m |
| Nuveen Asset Management, LLC | Reduced | -9.0m |
| JPMORGAN CHASE & CO | Reduced | -7.5m |
| Laurion Capital Management LP | Reduced | -7.0m |
Biggest calls
| Twin Tree Management, LP | New | $115.9m6.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $38.1m2.1m shares |
| ExodusPoint Capital Management, LP | Added | $36.4m2.0m shares |
| CITADEL ADVISORS LLC | Reduced | $30.0m1.7m shares |
| JANE STREET GROUP, LLC | Reduced | $11.5m631.1k shares |
| Cubist Systematic Strategies, LLC | Added | $6.2m341.9k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $5.8m317.4k shares |
| NOMURA HOLDINGS INC | Reduced | $4.5m249.8k shares |
| Interval Partners, LP | Added | $4.4m2.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.3m235.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $55.6m3.1m shares |
| CITADEL ADVISORS LLC | Added | $31.7m1.7m shares |
| NOMURA HOLDINGS INC | Added | $20.9m1.1m shares |
| UBS Group AG | New | $9.1m500.0k shares |
| SIMPLEX TRADING, LLC | Added | $9.0m495.1k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $4.5m247.6k shares |
| GROUP ONE TRADING LLC | Reduced | $4.3m235.6k shares |
| Twin Tree Management, LP | New | $3.4m188.9k shares |
| IMC-Chicago, LLC | Reduced | $3.4m187.4k shares |
| JANE STREET GROUP, LLC | Reduced | $3.1m171.0k 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 |
|---|---|
| FMR LLC 13G · institution +1.2 pts · filed 2026-08-06 | 8.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), PRICE T ROWE ASSOCIATES INC /MD/ (1.0%, 2026-02-17)
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 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $525.2k | 0 | — | — |
| Q3 2023 | 1 | $128.5k | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.07% of their portfolio | 212.1m $3.9bn | Added +45.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.39% of their portfolio | 177.1m $3.2bn | Added +42.6m |
| FMR LLC 0.16% of their portfolio | 134.8m $2.5bn | Added +14.8m |
| JPMORGAN CHASE & CO 0.10% of their portfolio | 129.2m $2.3bn | Reduced -7.5m |
| BlackRock Inc. 0.05% of their portfolio | 122.8m $2.2bn | Added +18.7m |
| STATE STREET CORP 0.09% of their portfolio | 108.9m $2.0bn | Added +14.0m |
| WELLINGTON MANAGEMENT GROUP LLP 0.27% of their portfolio | 82.6m $1.5bn | Reduced -10.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.45% of their portfolio | 79.9m $1.5bn | Added +7.0m |
| BANK OF AMERICA CORP /DE/ 0.09% of their portfolio | 53.6m $973.5m | Reduced -11.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 44.3m $802.8m | Added +10.6m |
| Bank of New York Mellon Corp 0.15% of their portfolio | 43.4m $789.8m | Added +7.5m |
| HARRIS ASSOCIATES L P 0.90% of their portfolio | 29.3m $532.2m | Added +11.6m |
| FRANKLIN RESOURCES INC 0.16% of their portfolio | 28.2m $512.0m | Added +420.1k |
| AMERICAN CENTURY COMPANIES INC 0.30% of their portfolio | 27.4m $497.8m | Added +4.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 23.9m $433.8m | Added +1.9m |
| VAN ECK ASSOCIATES CORP 0.53% of their portfolio | 20.5m $372.9m | Added +10.8m |
| Capital International Investors 0.08% of their portfolio | 20.2m $367.4m | Reduced -2.7m |
| CITADEL ADVISORS LLC 0.34% of their portfolio | 19.1m $346.5m | Added +18.7m |
| NORTHERN TRUST CORP 0.06% of their portfolio | 18.1m $329.0m | Added +2.1m |
| Boston Partners 0.38% of their portfolio | 16.9m $308.0m | Reduced -184.3k |
| MORGAN STANLEY 0.02% of their portfolio | 16.0m $291.7m | Reduced -34.4m |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 14.9m $271.4m | Added +41.5k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 13.1m $237.8m | Added +7.4m |
| Invesco Ltd. 0.05% of their portfolio | 12.9m $235.0m | Reduced -195.0k |
| DEUTSCHE BANK AG\ 0.09% of their portfolio | 10.6m $193.1m | Added +1.6m |
| Capital World Investors 0.03% of their portfolio | 10.0m $182.0m | Unchanged |
| ProShare Advisors LLC 0.46% of their portfolio | 9.4m $170.8m | Added +851.2k |
| Clearbridge Investments, LLC 0.14% of their portfolio | 9.4m $170.5m | Reduced -435.8k |
| Legal & General Group Plc 0.05% of their portfolio | 9.4m $170.4m | Added +2.5m |
| Cullen Capital Management, LLC 1.91% of their portfolio | 9.1m $165.8m | Reduced -557.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.19% of their portfolio | 9.0m $165.9m | Reduced -2.7m |
| Gates Capital Management, Inc. 4.80% of their portfolio | 8.8m $159.1m | Added +1.7m |
| YACKTMAN ASSET MANAGEMENT LP 1.39% of their portfolio | 8.1m $148.1m | Added +1.9m |
| Holocene Advisors, LP 0.60% of their portfolio | 7.9m $143.8m | Added +6.7m |
| SAMLYN CAPITAL, LLC 2.43% of their portfolio | 7.8m $141.1m | Added +2.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 7.7m $139.6m | Added +2.1m |
| NOMURA HOLDINGS INC 0.81% of their portfolio | 7.0m $126.4m | Added +3.4m |
| Mondrian Investment Partners LTD 1.92% of their portfolio | 6.7m $124.5m | Added +1.2m |
| EQUITY INVESTMENT CORP 3.05% of their portfolio | 6.6m $119.4m | Added +1.2m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.21% of their portfolio | 6.5m $118.4m | Added +4.7m |
| Amundi 0.04% of their portfolio | 6.4m $116.8m | Reduced -532.3k |
| UBS Group AG 0.03% of their portfolio | 6.0m $109.7m | Added +2.8m |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 6.0m $109.3m | Reduced -9.0m |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 5.7m $104.0m | Added +375.4k |
| Burgundy Asset Management Ltd. 1.09% of their portfolio | 5.7m $103.7m | Added +593.8k |
| Swiss National Bank 0.07% of their portfolio | 5.7m $103.1m | Added +507.2k |
| BARCLAYS PLC 0.05% of their portfolio | 5.5m $99.9m | Reduced -539.6k |
| FEDERATED HERMES, INC. 0.23% of their portfolio | 5.4m $98.3m | Reduced -541.5k |
| Susquehanna Portfolio Strategies, LLC 3.92% of their portfolio | 5.2m $95.1m | Reduced -1.5m |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 5.2m $94.6m | Reduced -235.6k |
| RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio | 5.1m $93.3m | Reduced -86.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.26% of their portfolio | 4.9m $88.3m | Added +763.7k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 4.6m $83.5m | Reduced -140.2k |
| LMR Partners LLP 1.77% of their portfolio | 4.5m $82.7m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.08% of their portfolio | 4.3m $77.8m | Reduced -93.2k |
| HighTower Advisors, LLC 0.12% of their portfolio | 4.3m $77.5m | Reduced -397.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.26% of their portfolio | 4.2m $77.0m | Added +242.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 4.2m $76.7m | Added +352.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio | 4.0m $73.3m | Added +730.4k |
| Davidson Kempner Capital Management LP 1.21% of their portfolio | 4.0m $73.3m | Added +2.0m |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 3.9m $70.2m | Added +88.1k |
| CANADA LIFE ASSURANCE Co 0.13% of their portfolio | 3.8m $68.7m | Added +566.7k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 3.7m $76.6m | Added +1.9m |
| KEYBANK NATIONAL ASSOCIATION/OH 0.26% of their portfolio | 3.5m $62.7m | Added +301.4k |
| Thrivent Financial for Lutherans 0.13% of their portfolio | 3.4m $62.3m | Reduced -26.1k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 3.4m $62.0m | Added +163.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.11% of their portfolio | 3.3m $59.8m | Added +6.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 3.2m $58.9m | Added +491.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 3.2m $58.5m | Added +362.4k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 3.1m $57.2m | Reduced -1.5m |
| Ghisallo Capital Management LLC 4.70% of their portfolio | 3.0m $54.5m | Added +2.0m |
| ING GROEP NV 0.31% of their portfolio | 2.9m $52.6m | New |
| COOKE & BIELER LP 0.49% of their portfolio | 2.8m $51.1m | Added +799.7k |
| BANK OF NOVA SCOTIA 0.10% of their portfolio | 2.7m $49.3m | Added +2.3m |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 2.7m $49.2m | Added +2.7m |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 2.6m $47.2m | Reduced -12.5k |
| CIBC WORLD MARKETS CORP 0.30% of their portfolio | 2.5m $46.2m | Added +2.1m |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 2.5m $45.6m | Reduced -10.7k |
| CITIGROUP INC 0.04% of their portfolio | 2.5m $45.1m | Reduced -232.7k |
| National Pension Service 0.05% of their portfolio | 2.5m $44.9m | Added +358.0k |
| STRS OHIO 0.17% of their portfolio | 2.4m $43.9m | Added +204.3k |
| BESSEMER GROUP INC 0.08% of their portfolio | 2.4m $43.0m | Reduced -39.0k |
| Vest Financial, LLC 1.01% of their portfolio | 2.3m $42.1m | Added +506.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 2.3m $41.6m | Added +392.5k |
| SEI INVESTMENTS CO 0.06% of their portfolio | 2.2m $40.6m | Added +107.9k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.10% of their portfolio | 2.2m $40.5m | Reduced -354.3k |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH 1.31% of their portfolio | 2.2m $39.4m | Reduced -314.0k |
| Capital Research Global Investors 0.01% of their portfolio | 2.1m $38.9m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 2.0m $36.9m | Added +314.1k |
| MARSHALL WACE, LLP 0.05% of their portfolio | 2.0m $36.8m | Added +1.3m |
| Blackstone Inc. 0.16% of their portfolio | 2.0m $36.4m | New |
| RNC CAPITAL MANAGEMENT LLC 1.96% of their portfolio | 1.9m $35.3m | Added +699.4k |
| LPL Financial LLC 0.02% of their portfolio | 1.9m $35.0m | Reduced -4.8k |
| Janney Montgomery Scott LLC 0.10% of their portfolio | 1.9m $34.1m | Added +35.6k |
| Alyeska Investment Group, L.P. 0.18% of their portfolio | 1.7m $31.2m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.06% of their portfolio | 1.7m $30.4m | New |
| CIBC WORLD MARKET INC. 0.07% of their portfolio | 1.6m $29.9m | Added +1.5m |
| Formuepleje A/S 1.65% of their portfolio | 1.6m $29.9m | New |
| BRANDES INVESTMENT PARTNERS, LP 0.36% of their portfolio | 1.6m $29.4m | Added +1.6m |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 1.6m $29.2m | Reduced -501.9k |