KNIGHT-SWIFT TRANSN HLDGS IN KNX
CL A · Common Stock · CUSIP 499049104 · ISIN US4990491049
American truckload transportation company
- SectorIndustrials
- IndustryTrucking (No Local)
- HeadquartersPhoenix, AZ
- Founded2017
- Websiteknight-swift.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 ($17.0m this quarter). Holder counts are more reliable. Shares outstanding: 162.3m as of 2025-10-22, 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 ≈ $52.27. Options: 20 managers hold calls ($102.2m notional), 18 hold puts ($62.9m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 469 |
| Q4 2022 | 485 |
| Q1 2023 | 492 |
| Q2 2023 | 488 |
| Q3 2023 | 477 |
| Q4 2023 | 484 |
| Q1 2024 | 485 |
| Q2 2024 | 440 |
| Q3 2024 | 466 |
| Q4 2024 | 472 |
| Q1 2025 | 481 |
| Q2 2025 | 445 |
| Q3 2025 | 448 |
| Q4 2025 | 461 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 213 | 238 |
| Q2 2024 | 212 | 258 |
| Q3 2024 | 217 | 221 |
| Q4 2024 | 221 | 197 |
| Q1 2025 | 241 | 266 |
| Q2 2025 | 208 | 258 |
| Q3 2025 | 203 | 232 |
| Q4 2025 | 209 | 238 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $98.5m | $12.7m | 0.13 |
| Q2 2025 | $36.5m | $46.1m | 1.26 |
| Q3 2025 | $38.9m | $58.1m | 1.50 |
| Q4 2025 | $102.2m | $62.9m | 0.62 |
Biggest buyers
| Slate Path Capital LP | New | +4.3m |
| D1 Capital Partners L.P. | Added | +4.0m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +2.8m |
| ALLIANCEBERNSTEIN L.P. | Added | +2.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.5m |
| FMR LLC | Added | +2.1m |
| Holocene Advisors, LP | New | +2.1m |
| Invesco Ltd. | Added | +2.0m |
| Hood River Capital Management LLC | New | +1.6m |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Added | +1.3m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.3m |
| Point72 Asset Management, L.P. | Reduced | -2.3m |
| Junto Capital Management LP | Sold out | -2.3m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -1.7m |
| Freestone Grove Partners LP | Sold out | -1.6m |
| CITADEL ADVISORS LLC | Reduced | -1.6m |
| Thrivent Financial for Lutherans | Reduced | -996.6k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -896.1k |
| MORGAN STANLEY | Reduced | -698.0k |
| Qube Research & Technologies Ltd | Sold out | -697.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $24.1m460.4k shares |
| CITADEL ADVISORS LLC | Reduced | $16.0m306.7k shares |
| Schonfeld Strategic Advisors LLC | New | $15.7m300.0k shares |
| WELLS FARGO & COMPANY/MN | New | $7.3m140.0k shares |
| Twin Tree Management, LP | Added | $5.7m109.4k shares |
| JANE STREET GROUP, LLC | Added | $4.6m87.1k shares |
| PEAK6 LLC | New | $4.5m85.6k shares |
| IMC-Chicago, LLC | Added | $3.3m62.2k shares |
| NOMURA HOLDINGS INC | New | $3.2m62.1k shares |
| GROUP ONE TRADING LLC | Reduced | $3.0m57.6k shares |
Biggest puts
| Hudson Bay Capital Management LP | New | $18.9m361.4k shares |
| CITADEL ADVISORS LLC | Reduced | $11.6m221.1k shares |
| Twin Tree Management, LP | Added | $6.4m122.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.7m109.7k shares |
| IMC-Chicago, LLC | Reduced | $4.4m83.9k shares |
| NOMURA HOLDINGS INC | New | $3.2m62.1k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $2.5m48.1k shares |
| Jefferies Financial Group Inc. | New | $2.1m40.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.1m21.5k shares |
| Walleye Capital LLC | Added | $1.1m20.8k 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 2025-04-17 | 8.7% |
| PointState Capital LP 13G · passive investor new · filed 2026-10-13 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2025-07-15 | 5.0% |
Fell to 5% or below in the last year: FMR LLC (5.0%, 2026-08-06), WELLINGTON MANAGEMENT GROUP LLP (3.7%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), VICTORY CAPITAL MANAGEMENT INC (4.2%, 2026-02-11)
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.
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 2024 | 0 | — | 1 | $112.5k | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 4 | $4.4m | — |
| Q4 2024 | 0 | — | 2 | $1.7m | — |
| Q1 2025 | 1 | $226.8k | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $52.8k | — |
| Q3 2025 | 0 | — | 1 | $148.5k | — |
| Q4 2025 | 0 | — | 3 | $2.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-09 | KNIGHT KEVIN P Executive Chairman, director · Trust | Sold | $1.8m35.0k shares |
| 2025-12-04 | Stultz Reed SR VP - Logistics | Sold | $241.7k4.7k shares |
| 2025-11-07 | Flanagan Cary M EVP and CAO | Sold | $193.7k4.3k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.04% of their portfolio | 16.4m $855.9m | Added +2.1m |
| VANGUARD GROUP INC 0.01% of their portfolio | 14.6m $765.9m | Reduced -161.5k |
| BlackRock, Inc. 0.01% of their portfolio | 14.5m $757.1m | Reduced -26.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.12% of their portfolio | 12.9m $675.4m | Added +2.5m |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 8.4m $439.0m | Added +129.7k |
| D1 Capital Partners L.P. 3.77% of their portfolio | 7.7m $403.5m | Added +4.0m |
| VICTORY CAPITAL MANAGEMENT INC 0.20% of their portfolio | 6.8m $357.3m | Reduced -1.7m |
| STATE STREET CORP 0.01% of their portfolio | 4.9m $258.7m | Reduced -22.3k |
| Allspring Global Investments Holdings, LLC 0.40% of their portfolio | 4.7m $244.2m | Added +315.2k |
| Slate Path Capital LP 3.02% of their portfolio | 4.3m $224.1m | New |
| MORGAN STANLEY 0.01% of their portfolio | 3.6m $188.5m | Reduced -698.0k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.14% of their portfolio | 3.2m $164.8m | Added +2.8m |
| Ensign Peak Advisors, Inc 0.27% of their portfolio | 2.9m $153.7m | Added +984.4k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 2.9m $152.1m | Added +2.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.9m $150.1m | Reduced -50.0k |
| UBS Group AG 0.03% of their portfolio | 2.4m $127.1m | Added +745.8k |
| Invesco Ltd. 0.01% of their portfolio | 2.4m $126.4m | Added +2.0m |
| Holocene Advisors, LP 0.23% of their portfolio | 2.1m $109.4m | New |
| Balyasny Asset Management L.P. 0.20% of their portfolio | 2.0m $105.3m | Reduced -216.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 1.08% of their portfolio | 2.0m $102.2m | Added +1.3m |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 1.8m $96.7m | Reduced -75.0k |
| NORGES BANK 0.01% of their portfolio | 1.8m $92.1m | Not comparable |
| Hood River Capital Management LLC 0.91% of their portfolio | 1.6m $83.0m | New |
| GLENVIEW CAPITAL MANAGEMENT, LLC 1.62% of their portfolio | 1.5m $76.3m | Added +599.1k |
| BRANDES INVESTMENT PARTNERS, LP 0.56% of their portfolio | 1.4m $73.9m | Added +154.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.4m $72.4m | Added +231.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.3m $67.8m | Added +46.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.3m $67.2m | Reduced -3.3k |
| PZENA INVESTMENT MANAGEMENT LLC 0.20% of their portfolio | 1.3m $66.2m | New |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 1.1m $59.5m | Reduced -2.3m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.0m $52.3m | Added +192.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 973.9k $50.9m | Added +47.1k |
| PRIMECAP MANAGEMENT CO/CA/ 0.03% of their portfolio | 879.7k $46.0m | Added +21.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 802.9k $42.0m | Added +87.5k |
| DEPRINCE RACE & ZOLLO INC 0.74% of their portfolio | 741.1k $38.7m | Added +39.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 715.6k $37.4m | Added +506.2k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 675.7k $35.3m | Added +167.4k |
| Ceredex Value Advisors LLC 1.06% of their portfolio | 672.5k $35.2m | Reduced -239.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 621.3k $32.5m | Reduced -520.7k |
| Nuveen, LLC 0.01% of their portfolio | 597.5k $31.2m | Added +16.7k |
| Zurich Insurance Group Ltd/FI 0.21% of their portfolio | 583.3k $30.5m | New |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 544.2k $28.5m | Added +34.3k |
| Fiera Capital Corp 0.08% of their portfolio | 486.3k $25.4m | Added +120.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 481.4k $25.2m | Reduced -54.0k |
| Forest Avenue Capital Management LP 1.62% of their portfolio | 470.6k $24.6m | Reduced -535.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 457.1k $23.9m | Added +254.0k |
| STRS OHIO 0.09% of their portfolio | 448.5k $23.4m | Added +88.7k |
| NORRIS PERNE & FRENCH LLP/MI 1.53% of their portfolio | 444.3k $23.2m | Added +28.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 429.0k $22.4m | Added +68.5k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 428.3k $22.4m | Reduced -11.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 421.4k $22.0m | Reduced -590.3k |
| FIL Ltd 0.02% of their portfolio | 407.9k $21.3m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 403.3k $21.1m | Reduced -1.6m |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 384.9k $20.1m | Reduced -104.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 384.3k $20.1m | Reduced -18.8k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.03% of their portfolio | 380.6k $19.9m | First filing |
| 1832 Asset Management L.P. 0.02% of their portfolio | 367.4k $19.2m | New |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 361.6k $18.9m | Reduced -896.1k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 356.8k $18.7m | Added +262.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 344.1k $18.0m | Reduced -2.3m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 337.5k $17.6m | Reduced -87.8k |
| Aristotle Capital Boston, LLC 0.94% of their portfolio | 326.2k $17.1m | Added +24.8k |
| Swiss National Bank 0.01% of their portfolio | 320.0k $16.7m | Added +5.8k |
| MetLife Investment Management, LLC 0.08% of their portfolio | 310.7k $16.2m | Added +227.3k |
| Retirement Systems of Alabama 0.05% of their portfolio | 299.7k $15.7m | Reduced -1.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 283.2k $14.8m | Reduced -215.5k |
| Quantinno Capital Management LP 0.03% of their portfolio | 282.5k $14.8m | Added +84.4k |
| Amundi 0.00% of their portfolio | 276.2k $14.4m | Added +136.9k |
| Lighthouse Investment Partners, LLC 0.46% of their portfolio | 264.9k $13.8m | New |
| Legal & General Group Plc 0.00% of their portfolio | 258.2k $13.5m | Reduced -42.5k |
| BARCLAYS PLC 0.01% of their portfolio | 257.4k $13.5m | Reduced -210.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 250.2k $13.1m | Added +79.4k |
| Fortitude Family Office, LLC 3.03% of their portfolio | 247.3k $12.9m | Reduced -20 |
| STEPHENS INC /AR/ 0.15% of their portfolio | 235.4k $12.3m | Added +21 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 231.2k $12.1m | Reduced -2.0k |
| HARVEY INVESTMENT CO LLC 1.17% of their portfolio | 209.7k $11.0m | Reduced -6.3k |
| Walleye Capital LLC 0.06% of their portfolio | 209.3k $10.9m | Reduced -110.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 209.0k $10.9m | Added +48.2k |
| WS MANAGEMENT LLLP 1.41% of their portfolio | 201.9k $10.6m | Unchanged |
| Verition Fund Management LLC 0.05% of their portfolio | 192.6k $10.1m | Added +83.8k |
| Hudson Bay Capital Management LP 0.06% of their portfolio | 190.1k $9.9m | Reduced -105.8k |
| NUANCE INVESTMENTS, LLC 1.06% of their portfolio | 184.7k $9.7m | Reduced -50.0k |
| 12th Street Asset Management Company, LLC 1.59% of their portfolio | 184.1k $9.6m | Reduced -5.3k |
| MOORE CAPITAL MANAGEMENT, LP 0.19% of their portfolio | 174.5k $9.1m | Added +82.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 169.4k $8.9m | Reduced -1.6k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 168.3k $8.8m | Reduced -28.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 164.9k $8.6m | Reduced -12.0k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.26% of their portfolio | 163.8k $8.6m | Reduced -15.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 154.3k $8.1m | Reduced -178 |
| Horizon Investments, LLC 0.10% of their portfolio | 149.6k $7.8m | Reduced -15.7k |
| Lisanti Capital Growth, LLC 1.78% of their portfolio | 144.1k $7.5m | New |
| Mader & Shannon Wealth Management, Inc. 2.77% of their portfolio | 142.9k $5.6m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 135.1k $7.1m | Unchanged |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.19% of their portfolio | 133.9k $7.0m | Not comparable |
| NICHOLAS COMPANY, INC. 0.12% of their portfolio | 131.8k $6.9m | Added +105 |
| COMERICA BANK 0.03% of their portfolio | 130.6k $6.8m | Added +53.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 130.0k $6.8m | Added +7.8k |
| WINTON GROUP Ltd 0.23% of their portfolio | 125.3k $6.6m | New |
| GW&K Investment Management, LLC 0.05% of their portfolio | 119.4k $6.2m | Reduced -92 |
| STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio | 118.8k $6.2m | Reduced -31.3k |