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 ($110.6m this quarter). Holder counts are more reliable. Shares outstanding: 1.9bn as of 2025-08-01, 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 ≈ $20.93. Options: 49 managers hold calls ($1.3bn notional), 21 hold puts ($189.7m).
Trends to Q2 2025
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 |
| Q3 2024 | 1,004 |
| Q4 2024 | 1,014 |
| Q1 2025 | 1,086 |
| Q2 2025 | 1,107 |
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 |
| Q3 2024 | 490 | 520 |
| Q4 2024 | 489 | 487 |
| Q1 2025 | 597 | 445 |
| Q2 2025 | 587 | 517 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $297.1m | $253.2m | 0.85 |
| Q4 2024 | $165.6m | $198.8m | 1.20 |
| Q1 2025 | $483.7m | $131.2m | 0.27 |
| Q2 2025 | $1.3bn | $189.7m | 0.15 |
Biggest buyers
| Independent Franchise Partners LLP | Added | +21.9m |
| UBS Group AG | Added | +18.4m |
| Sachem Head Capital Management LP | New | +10.2m |
| AMERICAN CENTURY COMPANIES INC | Added | +8.4m |
| Capital World Investors | New | +7.4m |
| Assenagon Asset Management S.A. | Added | +6.8m |
| Nuveen, LLC | Added | +6.8m |
| Amundi | Added | +6.6m |
| BlackRock, Inc. | Added | +6.4m |
| D. E. Shaw & Co., Inc. | Added | +6.3m |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -44.2m |
| HARRIS ASSOCIATES L P | Reduced | -21.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -15.1m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -14.6m |
| FMR LLC | Reduced | -14.4m |
| Boston Partners | Reduced | -12.7m |
| CITADEL ADVISORS LLC | Reduced | -6.7m |
| Cullen Capital Management, LLC | Reduced | -6.6m |
| FRANKLIN RESOURCES INC | Reduced | -6.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -5.7m |
Biggest calls
| TOMS Capital Investment Management LP | Added | $464.1m22.2m shares |
| GOLDMAN SACHS GROUP INC | Added | $229.2m10.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $118.0m5.6m shares |
| Holocene Advisors, LP | Added | $79.2m3.8m shares |
| BANK OF AMERICA CORP /DE/ | Added | $55.8m2.7m shares |
| DENDUR CAPITAL LP | New | $38.7m1.9m shares |
| BARCLAYS PLC | Added | $35.6m1.7m shares |
| JANE STREET GROUP, LLC | Added | $27.2m1.3m shares |
| Candlestick Capital Management LP | New | $21.2m1.0m shares |
| MAPLELANE CAPITAL, LLC | New | $20.9m1.0m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $83.5m4.0m shares |
| CITADEL ADVISORS LLC | Reduced | $31.7m1.5m shares |
| SIMPLEX TRADING, LLC | Added | $15.4m736.0k shares |
| IMC-Chicago, LLC | Added | $12.5m596.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $9.8m469.2k shares |
| JANE STREET GROUP, LLC | Added | $6.6m315.2k shares |
| BARCLAYS PLC | New | $6.3m300.0k shares |
| Pentwater Capital Management LP | Unchanged | $6.3m300.0k shares |
| JPMORGAN CHASE & CO | New | $5.0m240.0k shares |
| GROUP ONE TRADING LLC | Reduced | $2.2m105.2k 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 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.
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 2023 | 1 | $128.5k | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $393.8k | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 233.2m $4.9bn | Added +4.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.40% of their portfolio | 168.0m $3.5bn | Reduced -44.2m |
| BlackRock, Inc. 0.06% of their portfolio | 147.6m $3.1bn | Added +6.4m |
| STATE STREET CORP 0.09% of their portfolio | 115.0m $2.4bn | Reduced -5.2m |
| FMR LLC 0.12% of their portfolio | 99.5m $2.1bn | Reduced -14.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.61% of their portfolio | 91.2m $1.9bn | Reduced -5.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 49.0m $1.0bn | Added +605.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.18% of their portfolio | 46.4m $970.6m | Reduced -15.1m |
| FRANKLIN RESOURCES INC 0.18% of their portfolio | 33.3m $696.3m | Reduced -6.0m |
| Bank of New York Mellon Corp 0.13% of their portfolio | 31.6m $661.7m | Reduced -4.2m |
| Independent Franchise Partners LLP 4.35% of their portfolio | 31.3m $654.4m | Added +21.9m |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 31.0m $648.0m | Added +3.4m |
| AMERICAN CENTURY COMPANIES INC 0.34% of their portfolio | 30.3m $633.4m | Added +8.4m |
| UBS Group AG 0.11% of their portfolio | 26.0m $544.7m | Added +18.4m |
| NORGES BANK 0.07% of their portfolio | 25.7m $537.4m | Added +1.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.09% of their portfolio | 25.0m $522.2m | Reduced -653.5k |
| Starboard Value LP 7.59% of their portfolio | 20.9m $438.1m | Reduced -1.1m |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 20.9m $437.2m | Reduced -4.0m |
| NORTHERN TRUST CORP 0.06% of their portfolio | 20.5m $428.9m | Reduced -890.4k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 20.4m $426.5m | Added +522.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 20.2m $422.8m | Added +6.1m |
| MORGAN STANLEY 0.03% of their portfolio | 19.2m $401.1m | Reduced -2.0m |
| Invesco Ltd. 0.06% of their portfolio | 17.8m $372.9m | Added +1.8m |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 17.0m $356.7m | Added +1.9m |
| TOMS Capital Investment Management LP 25.07% of their portfolio | 16.2m $338.3m | Added +1.7m |
| Nuveen, LLC 0.09% of their portfolio | 14.8m $309.9m | Added +6.8m |
| Amundi 0.11% of their portfolio | 14.5m $305.4m | Added +6.6m |
| Legal & General Group Plc 0.08% of their portfolio | 14.5m $302.5m | Added +519.9k |
| CITADEL ADVISORS LLC 0.23% of their portfolio | 12.7m $265.9m | Reduced -6.7m |
| Boston Partners 0.29% of their portfolio | 12.6m $264.8m | Reduced -12.7m |
| ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio | 10.6m $221.9m | Added +165.2k |
| MAVERICK CAPITAL LTD 3.34% of their portfolio | 10.4m $217.8m | Added +1.9m |
| Sachem Head Capital Management LP 6.64% of their portfolio | 10.2m $212.6m | New |
| D. E. Shaw & Co., Inc. 0.21% of their portfolio | 10.0m $209.2m | Added +6.3m |
| VOYA INVESTMENT MANAGEMENT LLC 0.20% of their portfolio | 9.7m $202.2m | Reduced -14.6m |
| FEDERATED HERMES, INC. 0.36% of their portfolio | 9.2m $193.0m | Added +467.5k |
| VAN ECK ASSOCIATES CORP 0.22% of their portfolio | 9.1m $190.9m | Reduced -1.5m |
| Third Point LLC 2.34% of their portfolio | 8.5m $178.4m | Reduced -375.0k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 8.2m $172.6m | Added +2.6m |
| YACKTMAN ASSET MANAGEMENT LP 2.30% of their portfolio | 8.2m $171.4m | Reduced -83.3k |
| M&G PLC 0.95% of their portfolio | 8.2m $171.6m | Added +1.3m |
| BARCLAYS PLC 0.07% of their portfolio | 8.1m $170.2m | Added +2.6m |
| Assenagon Asset Management S.A. 0.26% of their portfolio | 7.7m $161.1m | Added +6.8m |
| Capital World Investors 0.02% of their portfolio | 7.4m $155.5m | New |
| ProShare Advisors LLC 0.30% of their portfolio | 7.2m $151.3m | Reduced -1.2m |
| Burgundy Asset Management Ltd. 1.46% of their portfolio | 7.1m $149.6m | Added +592.9k |
| Holocene Advisors, LP 0.36% of their portfolio | 7.1m $148.0m | Reduced -746.7k |
| MACQUARIE GROUP LTD 0.18% of their portfolio | 6.9m $144.5m | Added +6.0m |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 6.4m $134.8m | Added +3.5m |
| Swiss National Bank 0.07% of their portfolio | 5.8m $121.6m | Added +400.7k |
| HARRIS ASSOCIATES L P 0.19% of their portfolio | 5.7m $118.3m | Reduced -21.2m |
| HighTower Advisors, LLC 0.14% of their portfolio | 5.5m $114.9m | Added +396.3k |
| LAZARD ASSET MANAGEMENT LLC 0.15% of their portfolio | 5.3m $111.8m | Added +2.6m |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 5.1m $106.0m | Reduced -213.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.16% of their portfolio | 5.0m $105.5m | Added +4.6m |
| EQUITY INVESTMENT CORP 2.24% of their portfolio | 4.9m $102.5m | Reduced -627.7k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.38% of their portfolio | 4.9m $102.2m | Reduced -88.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 4.9m $101.8m | Added +79.7k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 4.6m $96.5m | Added +34.0k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 4.4m $91.2m | Reduced -488.0k |
| Thrivent Financial for Lutherans 0.20% of their portfolio | 4.3m $90.7m | Added +49.4k |
| Epoch Investment Partners, Inc. 0.47% of their portfolio | 4.3m $90.2m | Reduced -486.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 4.3m $90.1m | Added +240.6k |
| CITIGROUP INC 0.06% of their portfolio | 4.2m $88.2m | Added +6.9k |
| MAPLELANE CAPITAL, LLC 5.40% of their portfolio | 4.2m $87.6m | New |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 4.2m $86.9m | Added +17.4k |
| CANADA LIFE ASSURANCE Co 0.12% of their portfolio | 3.8m $78.7m | Added +389.9k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 3.6m $74.7m | Added +15.5k |
| BESSEMER GROUP INC 0.11% of their portfolio | 3.3m $69.5m | Added +958.8k |
| Alyeska Investment Group, L.P. 0.24% of their portfolio | 3.3m $68.6m | Reduced -1.1m |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 3.3m $68.3m | Reduced -191.3k |
| California Public Employees Retirement System 0.04% of their portfolio | 3.2m $67.9m | Added +123.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 3.2m $66.5m | Added +51.4k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 3.0m $63.5m | Reduced -208.6k |
| National Pension Service 0.05% of their portfolio | 2.8m $58.1m | Reduced -108.9k |
| NOMURA ASSET MANAGEMENT CO LTD 0.16% of their portfolio | 2.8m $58.1m | Reduced -1.2m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 2.7m $56.4m | Added +1.7m |
| TD Asset Management Inc 0.05% of their portfolio | 2.7m $55.5m | Reduced -219.7k |
| NICHOLAS COMPANY, INC. 0.92% of their portfolio | 2.6m $54.9m | Reduced -250 |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 2.6m $54.8m | Added +970.2k |
| Empower Advisory Group, LLC 0.16% of their portfolio | 2.5m $53.0m | Added +117.8k |
| Cullen Capital Management, LLC 0.59% of their portfolio | 2.5m $52.0m | Reduced -6.6m |
| TWINBEECH CAPITAL LP 1.17% of their portfolio | 2.5m $51.8m | New |
| Vest Financial, LLC 0.69% of their portfolio | 2.3m $48.7m | Reduced -309.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 2.2m $45.4m | Reduced -151.6k |
| Candlestick Capital Management LP 1.49% of their portfolio | 2.1m $45.0m | New |
| LPL Financial LLC 0.01% of their portfolio | 2.1m $44.8m | Added +70.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.10% of their portfolio | 2.1m $44.1m | Reduced -44.0k |
| Forest Avenue Capital Management LP 3.43% of their portfolio | 2.1m $43.9m | New |
| Focus Partners Wealth 0.09% of their portfolio | 2.1m $43.7m | Added +205.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 2.0m $42.8m | Reduced -402.5k |
| NATIXIS ADVISORS, LLC 0.07% of their portfolio | 2.0m $42.0m | Added +96.8k |
| UniSuper Management Pty Ltd 0.27% of their portfolio | 1.9m $40.6m | Added +691.7k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.08% of their portfolio | 1.9m $40.4m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 1.9m $39.2m | Added +10.9k |
| RNC CAPITAL MANAGEMENT LLC 1.89% of their portfolio | 1.9m $39.0m | Reduced -20.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio | 1.8m $37.8m | Added +42.1k |
| BRANDES INVESTMENT PARTNERS, LP 0.34% of their portfolio | 1.8m $37.6m | Reduced -1.1m |
| SATURNA CAPITAL CORP 0.49% of their portfolio | 1.7m $36.2m | Added +12.8k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 1.7m $35.4m | Added +752.9k |