Vault-13

NATIONAL GRID PLC NGG

SPONSORED ADR NE · ADR · CUSIP 636274409 · ISIN US6362744095

British multinational electricity and gas utility company

503 institutional holders +34 vs Q1 2025
55,715,59355.7m shares reported held*
$4.1bnreported value*
81 new 206 added 116 reduced 47 sold out net bought ≈ $776.0m (+10.4m shares)

* 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $74.37. Options: 10 managers hold calls ($62.9m notional), 7 hold puts ($19.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 359Q4 22: 394Q1 23: 399Q2 23: 408Q3 23: 404Q4 23: 430Q1 24: 452Q2 24: 422Q3 24: 470Q4 24: 451Q1 25: 469Q2 25: 503503Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022359
Q4 2022394
Q1 2023399
Q2 2023408
Q3 2023404
Q4 2023430
Q1 2024452
Q2 2024422
Q3 2024470
Q4 2024451
Q1 2025469
Q2 2025503

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q3 23: 185 bought or addedQ3 23: 162 cut or sold outQ4 23: 189 bought or addedQ4 23: 163 cut or sold outQ4 23Q1 24: 234 bought or addedQ1 24: 163 cut or sold outQ2 24: 157 bought or addedQ2 24: 249 cut or sold outQ2 24Q3 24: 263 bought or addedQ3 24: 176 cut or sold outQ4 24: 168 bought or addedQ4 24: 250 cut or sold outQ4 24Q1 25: 265 bought or addedQ1 25: 160 cut or sold outQ2 25: 287 bought or addedQ2 25: 163 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023185162
Q4 2023189163
Q1 2024234163
Q2 2024157249
Q3 2024263176
Q4 2024168250
Q1 2025265160
Q2 2025287163

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ3 24 calls: $62.1mQ3 24 puts: $16.2mQ3 24P/C 0.26Q4 24 calls: $47.3mQ4 24 puts: $9.2mQ4 24P/C 0.19Q1 25 calls: $58.9mQ1 25 puts: $17.2mQ1 25P/C 0.29Q2 25 calls: $62.9mQ2 25 puts: $19.1mQ2 25P/C 0.30
Numbers
QuarterCallsPutsP/C
Q3 2024$62.1m$16.2m0.26
Q4 2024$47.3m$9.2m0.19
Q1 2025$58.9m$17.2m0.29
Q2 2025$62.9m$19.1m0.30

Biggest buyers

ROYAL BANK OF CANADA Added +2,513,656+2.5m
NATIXIS ADVISORS, LLC Added +1,874,873+1.9m
FMR LLC Added +825,366+825.4k
BANK OF AMERICA CORP /DE/ Added +814,248+814.2k
Cullen Capital Management, LLC New +758,795+758.8k
ENVESTNET ASSET MANAGEMENT INC Added +402,329+402.3k
JPMORGAN CHASE & CO Added +382,392+382.4k
BlackRock, Inc. Added +364,974+365.0k
CITADEL ADVISORS LLC Added +340,316+340.3k
CAUSEWAY CAPITAL MANAGEMENT LLC New +315,994+316.0k

Biggest sellers

D. E. Shaw & Co., Inc. Sold out -383,782-383.8k
Capital International Investors Reduced -239,167-239.2k
TUDOR INVESTMENT CORP ET AL Sold out -160,879-160.9k
Invesco Ltd. Reduced -139,164-139.2k
Optiver Holding B.V. Sold out -136,779-136.8k
Nuveen, LLC Reduced -128,296-128.3k
NATIONAL BANK OF CANADA /FI/ Reduced -110,054-110.1k
Schonfeld Strategic Advisors LLC Sold out -92,332-92.3k
ABC ARBITRAGE SA Reduced -84,707-84.7k
PRICE T ROWE ASSOCIATES INC /MD/ Sold out -65,101-65.1k

Biggest calls

CITADEL ADVISORS LLC Added $19.4m261.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $18.7m251.1k shares
Twin Tree Management, LP Reduced $16.7m224.4k shares
Optiver Holding B.V. Added $5.1m68.9k shares
JANE STREET GROUP, LLC Reduced $1.8m24.0k shares
Walleye Trading LLC Reduced $513.4k6.9k shares
Walleye Capital LLC New $312.5k4.2k shares
SIMPLEX TRADING, LLC Added $275.0k3.7k shares
GROUP ONE TRADING LLC Reduced $67.0k900 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Twin Tree Management, LP Added $10.0m134.7k shares
Optiver Holding B.V. Reduced $3.9m53.0k shares
CITADEL ADVISORS LLC Reduced $3.9m52.0k shares
SIMPLEX TRADING, LLC Added $639.0k8.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $550.6k7.4k shares
GROUP ONE TRADING LLC Added $119.1k1.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

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.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.03% of their portfolio BOSTON, MA 5,972,6586.0m $444.4m $444.4m 0.03% Added +825.4k +825,366
2 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 4,596,3874.6m $342.0m $342.0m 0.03% Added +814.2k +814,248
3 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 4,394,0624.4m $327.0m $327.0m 0.03% Added +2.5m +2,513,656
4 FEDERATED HERMES, INC. 0.45% of their portfolio PITTSBURGH, PA 3,200,0043.2m $238.1m $238.1m 0.45% Added +66.5k +66,456
5 RENAISSANCE TECHNOLOGIES LLC 0.31% of their portfolio NEW YORK, NY 3,146,2863.1m $234.1m $234.1m 0.31% Added +141.8k +141,800
6 Standard Investments LLC 9.46% of their portfolio New York, NY 2,480,0002.5m $184.5m $184.5m 9.46% Unchanged
7 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,099,3052.1m $156.2m $156.2m 0.01% Added +213.4k +213,447
8 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,052,8342.1m $152.8m $152.8m 0.02% Added +40.0k +39,972
9 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,041,6022.0m $151.9m $151.9m 0.01% Added +382.4k +382,392
10 NATIXIS ADVISORS, LLC 0.23% of their portfolio Boston, MA 1,974,1592.0m $146.9m $146.9m 0.23% Added +1.9m +1,874,873
11 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,774,7461.8m $132.1m $132.1m 0.04% Added +402.3k +402,329
12 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 1,671,7461.7m $124.4m $124.4m 0.04% Added +282.1k +282,085
13 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,583,9881.6m $117.9m $117.9m 0.03% Added +199.2k +199,246
14 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 997,141997.1k $74.2m $74.2m 0.04% Reduced -17.0k -17,030
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 982,548982.5k $73.1m $73.1m 0.00% Added +365.0k +364,974
16 Capital International Investors 0.01% of their portfolio Los Angeles, CA 981,125981.1k $72.1m $72.1m 0.01% Reduced -239.2k -239,167
17 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 970,738970.7k $72.2m $72.2m 0.01% Added +224.9k +224,864
18 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 968,924968.9k $72.1m $72.1m 0.02% Added +85.0k +84,964
19 Clark Capital Management Group, Inc. 0.47% of their portfolio PHILADELPHIA, PA 904,534904.5k $67.3m $67.3m 0.47% Added +8.9k +8,906
20 Cullen Capital Management, LLC 0.64% of their portfolio New York, NY 758,795758.8k $56.5m $56.5m 0.64% New
21 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 721,276721.3k $53.7m $53.7m 0.01% Added +5.4k +5,436
22 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 526,764526.8k $39.2m $39.2m 0.03% Added +340.3k +340,316
23 UBS Group AG 0.01% of their portfolio ZURICH, V8 470,850470.9k $35.0m $35.0m 0.01% Added +204.3k +204,328
24 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 441,470441.5k $32.8m $32.8m 0.03% Added +363 +363
25 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 359,661359.7k $26.8m $26.8m 0.01% Reduced -128.3k -128,296
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 347,391347.4k $25.8m $25.8m 0.00% Added +277.8k +277,756
27 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 336,069336.1k $25.0m $25.0m 0.00% Reduced -139.2k -139,164
28 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 330,425330.4k $24.6m $24.6m 0.02% Added +28.6k +28,586
29 CAUSEWAY CAPITAL MANAGEMENT LLC 0.37% of their portfolio LOS ANGELES, CA 315,994316.0k $23.5m $23.5m 0.37% New
30 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 238,937238.9k $17.8m $17.8m 0.03% Added +394 +394
31 HENNESSY ADVISORS INC 0.52% of their portfolio NOVATO, CA 211,044211.0k $15.7m $15.7m 0.52% Added +11.7k +11,700
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 202,531202.5k $15.1m $15.1m 0.00% Reduced -30.2k -30,224
33 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 189,463189.5k $14.1m $14.1m 0.01% Added +17.5k +17,544
34 Guardian Partners Inc. 1.06% of their portfolio TORONTO, Z4 167,143167.1k $11.8m $11.8m 1.06% Reduced -3.5k -3,528
35 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.65% of their portfolio SALT LAKE CITY, UT 162,146162.1k $12.1m $12.1m 0.65% Reduced -1.0k -1,019
36 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 159,527159.5k $11.9m $11.9m 0.01% Reduced -7.8k -7,755
37 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 158,362158.4k $11.8m $11.8m 0.00% New
38 ABC ARBITRAGE SA 1.31% of their portfolio PARIS, I0 154,546154.5k $11.5m $11.5m 1.31% Reduced -84.7k -84,707
39 OPPENHEIMER ASSET MANAGEMENT INC. 0.11% of their portfolio NEW YORK, NY 132,847132.8k $9.9m $9.9m 0.11% Added +128.5k +128,484
40 GABELLI FUNDS LLC 0.06% of their portfolio Rye, NY 121,800121.8k $9.1m $9.1m 0.06% Reduced -9.1k -9,100
41 Crossmark Global Holdings, Inc. 0.14% of their portfolio HOUSTON, TX 117,722117.7k $8.8m $8.8m 0.14% Reduced -57 -57
42 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 117,252117.3k $8.7m $8.7m 0.01% Reduced -1.1k -1,114
43 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 116,101116.1k $8.6m $8.6m 0.01% Reduced -7.5k -7,518
44 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 116,019116.0k $8.6m $8.6m 0.01% Added +34.2k +34,244
45 Quantinno Capital Management LP 0.04% of their portfolio NEW YORK, NY 112,792112.8k $8.4m $8.4m 0.04% Added +44.7k +44,705
46 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 111,254111.3k $8.3m $8.3m 0.00% Added +23.6k +23,645
47 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 111,083111.1k $7.6m $7.6m 0.01% Added +72.7k +72,673
48 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 110,332110.3k $8.2m $8.2m 0.01% Added +7.6k +7,611
49 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 108,542108.5k $8.1m $8.1m 0.02% Added +16.2k +16,226
50 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 101,299101.3k $7.5m $7.5m 0.02% Added +6.0k +5,981
51 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 97,60797.6k $7.3m $7.3m 0.01% New
52 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 96,87996.9k $7.2m $7.2m 0.02% New
53 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.26% of their portfolio BETHESDA, MD 96,70096.7k $7.2m $7.2m 0.26% New
54 MILLER HOWARD INVESTMENTS INC /NY 0.21% of their portfolio KINGSTON, NY 89,92589.9k $6.7m $6.7m 0.21% Added +2.5k +2,489
55 DAVENPORT & Co LLC 0.04% of their portfolio RICHMOND, VA 89,70689.7k $6.7m $6.7m 0.04% Added +8.2k +8,209
56 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 89,23989.2k $6.6m $6.6m 0.01% Added +16.9k +16,857
57 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 83,84983.8k $6.2m $6.2m 0.01% Added +39 +39
58 QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio BERWYN, PA 83,18283.2k $6.2m $6.2m 0.05% Added +27.7k +27,741
59 Atria Investments, Inc 0.07% of their portfolio Charlotte, NC 81,16081.2k $6.0m $6.0m 0.07% Added +9.6k +9,602
60 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 78,45678.5k $5.9m $5.9m 0.02% Added +55.8k +55,789
61 M. Kulyk & Associates, LLC 1.25% of their portfolio DECATUR, GA 77,07577.1k $5.7m $5.7m 1.25% Added +240 +240
62 TD PRIVATE CLIENT WEALTH LLC 0.14% of their portfolio NEW YORK, NY 76,41076.4k $5.7m $5.7m 0.14% Added +8.2k +8,172
63 CIBC Asset Management Inc 0.02% of their portfolio TORONTO, Z4 75,90875.9k $5.6m $5.6m 0.02% Reduced -2.0k -1,982
64 ZEVIN ASSET MANAGEMENT LLC 0.77% of their portfolio BOSTON, MA 71,95572.0k $5.4m $5.4m 0.77% New
65 Aquatic Capital Management LLC 0.11% of their portfolio CHICAGO, IL 71,30671.3k $5.3m $5.3m 0.11% Added +47.0k +47,032
66 CIDEL ASSET MANAGEMENT INC 0.31% of their portfolio TORONTO, A6 69,63369.6k $5.2m $5.2m 0.31% Added +12.4k +12,380
67 M&T Bank Corp 0.02% of their portfolio BUFFALO, NY 67,54767.5k $5.0m $5.0m 0.02% Added +1.2k +1,172
68 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 66,56466.6k $5.0m $5.0m 0.00% New
69 &PARTNERS 0.04% of their portfolio NASHVILLE, TN 65,24365.2k $4.9m $4.9m 0.04% Added +16.9k +16,860
70 Gilman Hill Asset Management, LLC 0.77% of their portfolio NEW CANAAN, CT 63,66863.7k $4.7m $4.7m 0.77% Added +19.8k +19,750
71 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 63,40563.4k $4.7m $4.7m 0.00% Added +6.7k +6,657
72 Summit Global Investments 0.24% of their portfolio BOUNTIFUL, UT 53,55953.6k $4.0m $4.0m 0.24% Added +8.6k +8,603
73 First Bank & Trust 0.71% of their portfolio BROOKINGS, SD 53,45253.5k $4.0m $4.0m 0.71% Added +7.6k +7,551
74 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 53,03953.0k $3.9m $3.9m 0.01% Added +1.8k +1,811
75 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 51,78251.8k $3.9m $3.9m 0.01% Added +3.6k +3,594
76 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 51,43451.4k $3.8m $3.8m 0.01% Added +23.0k +22,981
77 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 51,28851.3k $3.8m $3.8m 0.02% Added +26.8k +26,816
78 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 50,56950.6k $3.8m $3.8m 0.01% Added +5.3k +5,279
79 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 50,04950.0k $3.7m $3.7m 0.00% Reduced -22.8k -22,764
80 Old Port Advisors 1.01% of their portfolio PORTLAND, ME 49,77249.8k $3.7m $3.7m 1.01% Added +331 +331
81 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 47,20347.2k $3.5m $3.5m 0.02% Added +13.7k +13,676
82 XTX Topco Ltd 0.14% of their portfolio LONDON, X0 46,62946.6k $3.5m $3.5m 0.14% New
83 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 45,73645.7k $3.4m $3.4m 0.01% Added +28.8k +28,820
84 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 45,64545.6k $3.4m $3.4m 0.03% Added +10.6k +10,633
85 PITTENGER & ANDERSON INC 0.12% of their portfolio LINCOLN, NE 42,76542.8k $3.2m $3.2m 0.12% Added +11.3k +11,340
86 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 42,15742.2k $3.1m $3.1m 0.03% Added +26.6k +26,578
87 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 42,06042.1k $3.1m $3.1m 0.00% Added +18.9k +18,868
88 Mariner, LLC 0.00% of their portfolio Overland Park, KS 41,87741.9k $3.1m $3.1m 0.00% Added +8.2k +8,160
89 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 41,15841.2k $3.1m $3.1m 0.00% Added +9.7k +9,714
90 STRATEGY ASSET MANAGERS LLC 0.56% of their portfolio PASADENA, CA 40,37840.4k $3.0m $3.0m 0.56% Added +1.4k +1,422
91 Fulton Bank, N.A. 0.11% of their portfolio Lancaster, PA 40,14340.1k $3.0m $3.0m 0.11% Reduced -1.7k -1,689
92 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 39,99340.0k $3.0m $3.0m 0.00% Added +32.5k +32,518
93 L & S Advisors Inc 0.29% of their portfolio Los Angeles, CA 39,57939.6k $2.9m $2.9m 0.29% New
94 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 39,11539.1k $2.9m $2.9m 0.00% Added +2.6k +2,602
95 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 38,84638.8k $2.9m $2.9m 0.00% Reduced -110.1k -110,054
96 Vanguard Personalized Indexing Management, LLC 0.03% of their portfolio OAKLAND, CA 37,71537.7k $2.8m $2.8m 0.03% Added +8.5k +8,499
97 JARISLOWSKY, FRASER Ltd 0.02% of their portfolio MONTREAL, A8 37,37137.4k $2.8m $2.8m 0.02% Added +230 +230
98 Henshaw Capital LLC 0.11% of their portfolio WOBURN, MA 36,18436.2k $2.7m $2.7m 0.11% Added +1.9k +1,851
99 QUADRANT CAPITAL GROUP LLC 0.10% of their portfolio CINCINNATI, OH 36,10736.1k $2.7m $2.7m 0.10% Added +1.3k +1,308
100 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 35,75035.8k $2.7m $2.7m 0.01% Reduced -216 -216