KYNDRYL HLDGS INC KD
COMMON STOCK · Common Stock · CUSIP 50155Q100 · ISIN US50155Q1004
U.S. information technology company
- SectorTechnology
- IndustryServices-Computer Integrated Systems Design
- HeadquartersNew York, NY
- Websitekyndryl.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 ($2.6m this quarter). Holder counts are more reliable. Shares outstanding: 230.1m as of 2024-01-31, 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 ≈ $21.77. Options: 12 managers hold calls ($25.8m notional), 14 hold puts ($10.0m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 598 |
| Q4 2022 | 609 |
| Q1 2023 | 584 |
| Q2 2023 | 573 |
| Q3 2023 | 573 |
| Q4 2023 | 626 |
| Q1 2024 | 646 |
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 | 204 | 307 |
| Q1 2023 | 181 | 283 |
| Q2 2023 | 171 | 259 |
| Q3 2023 | 216 | 214 |
| Q4 2023 | 193 | 258 |
| Q1 2024 | 227 | 250 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $18.4m | $13.6m | 0.74 |
| Q3 2023 | $22.8m | $8.6m | 0.38 |
| Q4 2023 | $31.1m | $15.8m | 0.51 |
| Q1 2024 | $25.8m | $10.0m | 0.39 |
Biggest buyers
| MORGAN STANLEY | Added | +3.6m |
| FMR LLC | Added | +1.6m |
| CORTLAND ASSOCIATES INC/MO | New | +1.3m |
| CARDINAL CAPITAL MANAGEMENT LLC /CT | Added | +1.1m |
| BlackRock Inc. | Added | +857.7k |
| Mesirow Institutional Investment Management, Inc. | New | +762.3k |
| NORGES BANK | Added | +563.3k |
| DEUTSCHE BANK AG\ | Added | +559.6k |
| MACKENZIE FINANCIAL CORP | New | +550.7k |
| Invesco Ltd. | Added | +459.2k |
Biggest sellers
| JUPITER ASSET MANAGEMENT LTD | Reduced | -6.2m |
| COOPER CREEK PARTNERS MANAGEMENT LLC | Reduced | -1.5m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -1.1m |
| Cinctive Capital Management LP | Sold out | -807.1k |
| D. E. Shaw & Co., Inc. | Reduced | -736.4k |
| Cubist Systematic Strategies, LLC | Reduced | -375.4k |
| Allspring Global Investments Holdings, LLC | Reduced | -252.5k |
| ROYCE & ASSOCIATES LP | Reduced | -193.5k |
| NORTHERN TRUST CORP | Reduced | -186.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -176.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.8m312.8k shares |
| CITADEL ADVISORS LLC | Reduced | $5.9m270.4k shares |
| J. Goldman & Co LP | Added | $4.1m186.7k shares |
| GROUP ONE TRADING LLC | Reduced | $2.8m128.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.4m65.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.1m52.4k shares |
| Walleye Capital LLC | Added | $1.0m46.9k shares |
| IMC-Chicago, LLC | Reduced | $839.9k38.6k shares |
| JANE STREET GROUP, LLC | Reduced | $792.1k36.4k shares |
| GTS SECURITIES LLC | Reduced | $587.5k27.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $3.2m146.6k shares |
| ROYAL BANK OF CANADA | New | $2.3m104.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2m55.6k shares |
| IMC-Chicago, LLC | Added | $748.5k34.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $637.6k29.3k shares |
| Walleye Trading LLC | Reduced | $500.5k23.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $389.0k17.9k shares |
| TWO SIGMA SECURITIES, LLC | Added | $341.6k15.7k shares |
| Jefferies Financial Group Inc. | New | $324.2k14.9k shares |
| Twin Tree Management, LP | New | $309.0k14.2k 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 |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.6% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution +1.4 pts · filed 2026-08-13 | 6.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), FMR LLC (4.5%, 2026-03-06), Neuberger Berman Group LLC (4.6%, 2026-03-04)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2022 | 3 | $1.5m | 0 | — | — |
| Q3 2022 | 3 | $389.2k | 0 | — | — |
| Q4 2022 | 3 | $1.5m | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 25.9m $563.9m | Added +81.8k |
| BlackRock Inc. 0.01% of their portfolio | 22.9m $498.7m | Added +857.7k |
| NEUBERGER BERMAN GROUP LLC 0.17% of their portfolio | 9.3m $202.4m | Added +454.8k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 8.6m $186.2m | Reduced -1.1m |
| MORGAN STANLEY 0.00% of their portfolio | 8.5m $185.0m | Added +3.6m |
| STATE STREET CORP 0.01% of their portfolio | 7.0m $152.4m | Added +94.9k |
| DME Capital Management, LP 6.58% of their portfolio | 6.6m $143.7m | First filing |
| JUPITER ASSET MANAGEMENT LTD 0.94% of their portfolio | 4.5m $98.9m | Reduced -6.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.7m $80.7m | Added +174.1k |
| Allspring Global Investments Holdings, LLC 0.11% of their portfolio | 3.3m $71.2m | Reduced -252.5k |
| NORGES BANK 0.01% of their portfolio | 3.2m $69.1m | Added +563.3k |
| ROYCE & ASSOCIATES LP 0.50% of their portfolio | 2.6m $56.5m | Reduced -193.5k |
| Zimmer Partners, LP 1.20% of their portfolio | 2.5m $55.3m | Added +32.0k |
| Invesco Ltd. 0.01% of their portfolio | 2.3m $50.4m | Added +459.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 2.1m $45.5m | Added +43.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.20% of their portfolio | 2.1m $44.7m | Added +73.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.0m $43.8m | Reduced -30.2k |
| GMT Capital Corp 1.72% of their portfolio | 2.0m $43.6m | Reduced -104.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.9m $42.4m | Added +16.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.9m $42.3m | Reduced -88.4k |
| FMR LLC 0.00% of their portfolio | 1.8m $38.5m | Added +1.6m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.8m $38.1m | Reduced -186.9k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT 1.85% of their portfolio | 1.7m $36.8m | Added +1.1m |
| HENNESSY ADVISORS INC 1.46% of their portfolio | 1.6m $34.6m | Added +196.8k |
| J. Goldman & Co LP 1.35% of their portfolio | 1.4m $29.9m | Added +353.1k |
| CORTLAND ASSOCIATES INC/MO 3.57% of their portfolio | 1.3m $27.6m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.3m $27.3m | Added +559.6k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.2m $26.3m | Added +16.0k |
| Douglas Lane & Associates, LLC 0.36% of their portfolio | 1.2m $25.6m | Reduced -7.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $25.1m | Added +247.5k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 1.1m $23.0m | Reduced -736.4k |
| Arnhold LLC 2.40% of their portfolio | 1.0m $22.7m | Reduced -14.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 976.8k $21.3m | Reduced -56.6k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 913.1k $19.9m | Reduced -8.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 866.2k $18.8m | Added +23.8k |
| TUDOR INVESTMENT CORP ET AL 0.22% of their portfolio | 808.7k $17.6m | Added +8.7k |
| Mesirow Institutional Investment Management, Inc. 1.48% of their portfolio | 762.3k $16.6m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 687.6k $15.0m | Added +97.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 668.3k $14.5m | Reduced -19.8k |
| GW&K Investment Management, LLC 0.13% of their portfolio | 658.0k $14.3m | Reduced -9.3k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 650.3k $14.2m | Reduced -41.8k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 550.7k $12.0m | New |
| GROUP ONE TRADING LLC 0.40% of their portfolio | 521.4k $11.3m | Reduced -37.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 502.9k $10.9m | Reduced -176.2k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.73% of their portfolio | 492.2k $10.7m | Added +82.8k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 491.7k $13.4m | Added +366.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 476.7k $10.4m | Reduced -7.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 474.2k $10.3m | Added +106.9k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 456.6k $9.9m | Reduced -152.1k |
| Swiss National Bank 0.01% of their portfolio | 453.1k $9.9m | Added +2.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 450.0k $9.8m | New |
| BARCLAYS PLC 0.00% of their portfolio | 449.8k $9.8m | Added +236.8k |
| Ancora Advisors LLC 0.22% of their portfolio | 442.3k $9.6m | Reduced -1.7k |
| Legal & General Group Plc 0.00% of their portfolio | 432.6k $9.4m | Added +1.8k |
| Solas Capital Management, LLC 5.98% of their portfolio | 427.4k $9.3m | Added +55.1k |
| Kent Lake Capital LLC 3.80% of their portfolio | 400.0k $8.7m | Reduced -150.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 397.3k $8.6m | Reduced -2.7k |
| Penserra Capital Management LLC 0.11% of their portfolio | 389.7k $8.5m | Reduced -50.7k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 382.2k $8.3m | Reduced -7.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 366.3k $8.0m | Reduced -19.6k |
| Phocas Financial Corp. 0.81% of their portfolio | 332.3k $7.2m | Added +70.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 329.5k $7.2m | Added +963 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 322.5k $7.0m | Reduced -8.1k |
| CASTLEARK MANAGEMENT LLC 0.28% of their portfolio | 312.1k $6.8m | Added +55.8k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.02% of their portfolio | 304.6k $6.6m | Reduced -5.4k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 297.0k $6.5m | Reduced -102.4k |
| Retirement Systems of Alabama 0.02% of their portfolio | 289.0k $6.3m | Added +1.6k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 284.0k $6.2m | Added +47.7k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 266.8k $5.8m | Reduced -3.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 260.8k $5.7m | Added +49.5k |
| Caisse de depot et placement du Quebec 0.01% of their portfolio | 251.0k $5.5m | New |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 243.6k $5.3m | Added +172.8k |
| GAMCO INVESTORS, INC. ET AL 0.05% of their portfolio | 239.1k $5.2m | Reduced -17.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 234.5k $5.1m | Reduced -12.5k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 223.5k $4.9m | Added +50.0k |
| CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.18% of their portfolio | 222.9k $4.8m | Reduced -39.7k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 219.0k $4.8m | Reduced -94.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 210.1k $4.6m | Added +1.7k |
| Edgestream Partners, L.P. 0.22% of their portfolio | 207.0k $4.5m | Added +135.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 202.8k $4.4m | Added +18.1k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio | 201.4k $4.4m | Added +4.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 199.4k $2.9m | Added +436 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 190.1k $4.1m | Reduced -2.3k |
| CenterBook Partners LP 0.27% of their portfolio | 181.8k $4.0m | Added +109.2k |
| Informed Momentum Co LLC 0.60% of their portfolio | 176.8k $3.8m | Added +2.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 163.7k $3.6m | Reduced -135.1k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 162.3k $3.5m | Reduced -1.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 160.2k $3.5m | Reduced -50.4k |
| ZACKS INVESTMENT MANAGEMENT 0.04% of their portfolio | 157.0k $3.4m | Added +14.2k |
| AMALGAMATED BANK 0.03% of their portfolio | 153.5k $3.3m | Reduced -20.5k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 152.7k $3.3m | Unchanged |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.13% of their portfolio | 149.0k $3.2m | Reduced -1.5m |
| CM Management, LLC 2.56% of their portfolio | 140.0k $3.0m | Unchanged |
| Gotham Asset Management, LLC 0.05% of their portfolio | 137.9k $3.0m | Reduced -13.9k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 137.1k $3.0m | Reduced -4.1k |
| Global IMC LLC 0.66% of their portfolio | 131.1k $2.9m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 129.7k $2.8m | Added +7.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 128.3k $2.8m | Reduced -164.2k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 126.4k $2.7m | Reduced -3.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 121.4k $2.6m | Added +110.8k |