ELI LILLY & CO LLY
COM · Common Stock · CUSIP 532457108 · ISIN US5324571083
American pharmaceutical company
* 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 ($1.9bn this quarter). Holder counts are more reliable. Shares outstanding: 946.5m as of 2025-08-04, 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 ≈ $778.65. Options: 79 managers hold calls ($14.3bn notional), 88 hold puts ($10.8bn).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,491 |
| Q4 2022 | 2,672 |
| Q1 2023 | 2,618 |
| Q2 2023 | 2,819 |
| Q3 2023 | 2,980 |
| Q4 2023 | 3,276 |
| Q1 2024 | 3,463 |
| Q2 2024 | 3,571 |
| Q3 2024 | 3,665 |
| Q4 2024 | 3,911 |
| Q1 2025 | 3,928 |
| Q2 2025 | 3,914 |
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 | 1,325 | 1,270 |
| Q4 2023 | 1,406 | 1,336 |
| Q1 2024 | 1,711 | 1,407 |
| Q2 2024 | 1,741 | 1,451 |
| Q3 2024 | 1,751 | 1,507 |
| Q4 2024 | 1,686 | 1,672 |
| Q1 2025 | 1,998 | 1,581 |
| Q2 2025 | 1,948 | 1,621 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $9.4bn | $10.7bn | 1.14 |
| Q4 2024 | $9.3bn | $10.1bn | 1.09 |
| Q1 2025 | $9.2bn | $9.9bn | 1.07 |
| Q2 2025 | $14.3bn | $10.8bn | 0.75 |
Biggest buyers
| Capital Research Global Investors | Added | +5.0m |
| ROYAL BANK OF CANADA | Added | +3.9m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.3m |
| VANGUARD GROUP INC | Added | +1.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.1m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +908.2k |
| Assenagon Asset Management S.A. | Added | +765.0k |
| FRANKLIN RESOURCES INC | Added | +564.7k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +536.7k |
| NATIONAL BANK OF CANADA /FI/ | Added | +527.4k |
Biggest sellers
| PNC Financial Services Group, Inc. | Reduced | -50.0m |
| FMR LLC | Reduced | -2.8m |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -2.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.3m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -1.8m |
| GQG Partners LLC | Reduced | -1.6m |
| Amundi | Reduced | -1.4m |
| Fisher Asset Management, LLC | Reduced | -1.1m |
| JPMORGAN CHASE & CO | Reduced | -968.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -948.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $2.9bn3.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.6bn3.4m shares |
| JANE STREET GROUP, LLC | Added | $1.7bn2.1m shares |
| Castle Hook Partners LP | New | $1.6bn2.1m shares |
| IMC-Chicago, LLC | Added | $649.2m832.8k shares |
| WOLVERINE TRADING, LLC | Added | $627.8m809.6k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $313.4m402.0k shares |
| Aptus Capital Advisors, LLC | New | $311.8m400.0k shares |
| SIMPLEX TRADING, LLC | Added | $308.0m395.1k shares |
| GROUP ONE TRADING LLC | Added | $301.8m387.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.4bn3.1m shares |
| CITADEL ADVISORS LLC | Added | $1.3bn1.7m shares |
| JANE STREET GROUP, LLC | Added | $901.4m1.2m shares |
| WOLVERINE TRADING, LLC | Added | $556.9m718.1k shares |
| IMC-Chicago, LLC | Added | $544.3m698.3k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $405.7m520.5k shares |
| WELLS FARGO & COMPANY/MN | Reduced | $354.0m454.1k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $316.4m4.1k shares |
| UBS Group AG | Reduced | $311.6m399.7k shares |
| D. E. Shaw & Co., Inc. | Added | $306.0m392.6k 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 |
|---|---|
| LILLY ENDOWMENT INC 13G · exempt (held before listing) no change · filed 2026-10-19 | 9.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-05-01 | 6.5% |
| PNC FINANCIAL SERVICES GROUP, INC. 13G · institution filed 2025-02-07 | 5.4% |
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 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 | 0 | — | 2 | $1.0m | $1.0m |
| Q4 2023 | 0 | — | 1 | $382.6k | $382.6k |
| Q1 2024 | 0 | — | 1 | $565.2k | $565.2k |
| Q2 2024 | 0 | — | 2 | $6.4m | $6.4m |
| Q3 2024 | 0 | — | 1 | $712.5k | $712.5k |
| Q4 2024 | 0 | — | 1 | $723.0k | $723.0k |
| Q1 2025 | 0 | — | 2 | $5.1m | $818.2k |
| Q2 2025 | 0 | — | 2 | $1.7m | $1.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-27 | Zakrowski Donald A SVP, Finance, & CAO | Sold plan | $716.4k1.0k shares |
| 2025-05-14 | Yuffa Ilya EVP & President, LLY Int'l | Sold plan | $936.5k1.2k 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 2025
| Manager | Shares | Change |
|---|---|---|
| LILLY ENDOWMENT INC 100.00% of their portfolio | 96.0m $74.8bn | Unchanged |
| VANGUARD GROUP INC 1.01% of their portfolio | 80.4m $62.7bn | Added +1.2m |
| BlackRock, Inc. 0.98% of their portfolio | 66.0m $51.4bn | Added +269.7k |
| PNC Financial Services Group, Inc. 25.77% of their portfolio | 51.3m $40.0bn | Reduced -50.0m |
| STATE STREET CORP 1.01% of their portfolio | 34.5m $26.9bn | Added +69.0k |
| FMR LLC 1.13% of their portfolio | 25.6m $20.0bn | Reduced -2.8m |
| Capital Research Global Investors 3.24% of their portfolio | 20.8m $16.2bn | Added +5.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.99% of their portfolio | 18.1m $14.1bn | Reduced -397.6k |
| Capital World Investors 2.00% of their portfolio | 17.6m $13.7bn | Reduced -748.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 1.49% of their portfolio | 16.8m $13.1bn | Reduced -2.3m |
| MORGAN STANLEY 0.76% of their portfolio | 14.9m $11.6bn | Reduced -5.9k |
| WELLINGTON MANAGEMENT GROUP LLP 1.98% of their portfolio | 14.0m $10.9bn | Added +1.3m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 8.63% of their portfolio | 12.5m $9.8bn | Reduced -12.8k |
| JPMORGAN CHASE & CO 0.67% of their portfolio | 12.5m $9.8bn | Reduced -968.9k |
| PRIMECAP MANAGEMENT CO/CA/ 7.51% of their portfolio | 12.2m $9.5bn | Reduced -2.6m |
| NORGES BANK 1.10% of their portfolio | 11.3m $8.8bn | Added +329.1k |
| BANK OF AMERICA CORP /DE/ 0.71% of their portfolio | 11.3m $8.8bn | Added +250.4k |
| Capital International Investors 1.27% of their portfolio | 9.4m $7.3bn | Reduced -77.4k |
| NORTHERN TRUST CORP 0.97% of their portfolio | 9.0m $7.0bn | Reduced -164.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1.24% of their portfolio | 7.9m $6.1bn | Added +1.1m |
| ROYAL BANK OF CANADA 0.58% of their portfolio | 7.7m $6.0bn | Added +3.9m |
| Nuveen, LLC 1.23% of their portfolio | 5.7m $4.4bn | Added +103.3k |
| GOLDMAN SACHS GROUP INC 0.69% of their portfolio | 5.5m $4.3bn | Added +168.0k |
| JENNISON ASSOCIATES LLC 2.52% of their portfolio | 5.4m $4.2bn | Added +226.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.72% of their portfolio | 5.4m $4.2bn | Added +112.1k |
| Legal & General Group Plc 1.01% of their portfolio | 5.2m $4.1bn | Reduced -276.3k |
| ALLIANCEBERNSTEIN L.P. 1.33% of their portfolio | 5.2m $4.1bn | Reduced -230.1k |
| Bank of New York Mellon Corp 0.77% of their portfolio | 5.2m $4.1bn | Reduced -384.5k |
| FRANKLIN RESOURCES INC 0.99% of their portfolio | 4.8m $3.7bn | Added +564.7k |
| JANUS HENDERSON GROUP PLC 1.68% of their portfolio | 4.4m $3.4bn | Reduced -147.8k |
| Fisher Asset Management, LLC 1.33% of their portfolio | 4.3m $3.4bn | Reduced -1.1m |
| UBS Group AG 0.64% of their portfolio | 3.9m $3.1bn | Added +80.6k |
| DIMENSIONAL FUND ADVISORS LP 0.67% of their portfolio | 3.7m $2.9bn | Reduced -106.0k |
| Amundi 0.96% of their portfolio | 3.6m $2.8bn | Reduced -1.4m |
| DEUTSCHE BANK AG\ 1.01% of their portfolio | 3.5m $2.7bn | Reduced -1.1k |
| Invesco Ltd. 0.43% of their portfolio | 3.2m $2.5bn | Reduced -1.9k |
| WELLS FARGO & COMPANY/MN 0.54% of their portfolio | 3.1m $2.4bn | Added +153.5k |
| AMERIPRISE FINANCIAL INC 0.56% of their portfolio | 2.9m $2.3bn | Reduced -41.6k |
| Swiss National Bank 1.14% of their portfolio | 2.4m $1.9bn | Added +163.4k |
| California Public Employees Retirement System 1.00% of their portfolio | 2.0m $1.6bn | Added +281.9k |
| HSBC HOLDINGS PLC 1.00% of their portfolio | 2.0m $1.6bn | Reduced -137.9k |
| EDGEWOOD MANAGEMENT LLC 4.91% of their portfolio | 2.0m $1.5bn | Reduced -102.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.94% of their portfolio | 1.9m $1.5bn | Reduced -20.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.26% of their portfolio | 1.9m $1.5bn | Added +177.1k |
| AMERICAN CENTURY COMPANIES INC 0.78% of their portfolio | 1.8m $1.4bn | Reduced -134.1k |
| POLEN CAPITAL MANAGEMENT LLC 4.16% of their portfolio | 1.7m $1.4bn | Reduced -16.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.98% of their portfolio | 1.6m $1.2bn | Added +103.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.79% of their portfolio | 1.6m $1.2bn | Added +908.2k |
| NEUBERGER BERMAN GROUP LLC 0.93% of their portfolio | 1.6m $1.2bn | Added +37.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.08% of their portfolio | 1.5m $1.2bn | Reduced -46.4k |
| National Pension Service 1.04% of their portfolio | 1.5m $1.2bn | Reduced -84.4k |
| TIGER GLOBAL MANAGEMENT LLC 3.46% of their portfolio | 1.5m $1.2bn | Added +176.2k |
| BARCLAYS PLC 0.47% of their portfolio | 1.5m $1.2bn | Reduced -270.0k |
| COMERICA BANK 4.55% of their portfolio | 1.5m $1.2bn | Added +1.6k |
| RAYMOND JAMES FINANCIAL INC 0.40% of their portfolio | 1.5m $1.2bn | Added +20.7k |
| Assenagon Asset Management S.A. 1.83% of their portfolio | 1.5m $1.2bn | Added +765.0k |
| RHUMBLINE ADVISERS 0.98% of their portfolio | 1.5m $1.1bn | Reduced -30.7k |
| BANK OF MONTREAL /CAN/ 0.57% of their portfolio | 1.4m $1.1bn | Reduced -81.1k |
| US BANCORP \DE\ 1.35% of their portfolio | 1.4m $1.1bn | Reduced -62.0k |
| Swedbank AB 1.16% of their portfolio | 1.3m $1.0bn | First filing |
| NORDEA INVESTMENT MANAGEMENT AB 0.94% of their portfolio | 1.3m $1.0bn | Added +77.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 1.09% of their portfolio | 1.3m $985.6m | Added +5.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.51% of their portfolio | 1.2m $968.0m | Reduced -42.6k |
| SAPIENT CAPITAL LLC 17.01% of their portfolio | 1.2m $949.8m | Added +9.9k |
| TD Asset Management Inc 0.81% of their portfolio | 1.2m $945.9m | Reduced -89.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.28% of their portfolio | 1.2m $945.3m | Added +100.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.93% of their portfolio | 1.2m $936.5m | Reduced -1.8m |
| Winslow Capital Management, LLC 3.11% of their portfolio | 1.2m $931.4m | Added +54.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.94% of their portfolio | 1.2m $908.4m | Reduced -948.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.77% of their portfolio | 1.2m $898.2m | Added +536.7k |
| LPL Financial LLC 0.28% of their portfolio | 1.1m $841.7m | Added +58.9k |
| CITIGROUP INC 0.57% of their portfolio | 1.1m $828.7m | Reduced -80.6k |
| NATIONAL BANK OF CANADA /FI/ 0.88% of their portfolio | 1.0m $816.7m | Added +527.4k |
| LAZARD ASSET MANAGEMENT LLC 1.09% of their portfolio | 1.0m $793.5m | Added +238.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 1.05% of their portfolio | 1.0m $786.8m | Reduced -50.1k |
| T. Rowe Price Investment Management, Inc. 0.49% of their portfolio | 1.0m $780.3m | Reduced -114.3k |
| MARSHALL WACE, LLP 0.86% of their portfolio | 931.7k $726.3m | Added +512.2k |
| Clearbridge Investments, LLC 0.58% of their portfolio | 922.6k $719.2m | Reduced -95.1k |
| DekaBank Deutsche Girozentrale 1.27% of their portfolio | 915.4k $713.7m | Added +4.2k |
| Aberdeen Group plc 1.18% of their portfolio | 893.9k $695.1m | Reduced -20.3k |
| APG Asset Management N.V. 1.71% of their portfolio | 871.8k $578.9m | Added +37.0k |
| Ensign Peak Advisors, Inc 1.16% of their portfolio | 869.9k $678.1m | Reduced -26.0k |
| CITADEL ADVISORS LLC 0.58% of their portfolio | 853.3k $665.1m | Added +375.5k |
| PARNASSUS INVESTMENTS, LLC 1.52% of their portfolio | 847.6k $660.7m | Reduced -35.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 1.11% of their portfolio | 841.8k $656.2m | Added +100.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.51% of their portfolio | 834.4k $650.4m | Reduced -20.0k |
| Bahl & Gaynor LLC 3.28% of their portfolio | 831.5k $648.2m | Reduced -12.9k |
| STIFEL FINANCIAL CORP 0.63% of their portfolio | 826.8k $644.6m | Added +17.1k |
| PRUDENTIAL FINANCIAL INC 0.82% of their portfolio | 816.5k $636.5m | Reduced -87.4k |
| Bank Julius Baer & Co. Ltd, Zurich 1.86% of their portfolio | 801.9k $625.1m | Reduced -2.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 1.08% of their portfolio | 779.6k $607.8m | Added +4.4k |
| Rockefeller Capital Management L.P. 0.71% of their portfolio | 775.1k $604.2m | Added +377.8k |
| CANADA LIFE ASSURANCE Co 0.96% of their portfolio | 772.7k $602.8m | Added +7.8k |
| Handelsbanken Fonder AB 2.10% of their portfolio | 759.8k $592.3m | Added +25.9k |
| Pictet Asset Management Holding SA 0.57% of their portfolio | 715.5k $557.7m | Added +18.9k |
| DANSKE BANK A/S 1.37% of their portfolio | 708.6k $552.4m | Added +61.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.26% of their portfolio | 705.7k $550.1m | Reduced -72.4k |
| Holocene Advisors, LP 1.31% of their portfolio | 679.7k $529.8m | Added +138.1k |
| Robeco Institutional Asset Management B.V. 0.85% of their portfolio | 676.0k $527.0m | Reduced -26.2k |
| SEI INVESTMENTS CO 0.60% of their portfolio | 669.3k $521.8m | Reduced -7.0k |