Vault-13

NATIONAL GRID PLC NGG

SPONSORED ADR NE · ADR · CUSIP 636274409 · ISIN US6362744095

British multinational electricity and gas utility company

590 institutional holders +45 vs Q4 2025
60,789,88460.8m shares reported held*
$5.1bnreported value*
87 new 232 added 181 reduced 42 sold out net bought ≈ $170.5m (+2.0m 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 ($11.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $84.48. Options: 12 managers hold calls ($78.9m notional), 10 hold puts ($31.1m).

Trends to Q1 2026

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: 503Q3 25: 509Q4 25: 545Q1 26: 590590Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025509
Q4 2025545
Q1 2026590

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 24: 157 bought or addedQ2 24: 249 cut or sold outQ3 24: 263 bought or addedQ3 24: 176 cut or sold outQ3 24Q4 24: 168 bought or addedQ4 24: 250 cut or sold outQ1 25: 265 bought or addedQ1 25: 160 cut or sold outQ1 25Q2 25: 287 bought or addedQ2 25: 163 cut or sold outQ3 25: 287 bought or addedQ3 25: 188 cut or sold outQ3 25Q4 25: 305 bought or addedQ4 25: 161 cut or sold outQ1 26: 319 bought or addedQ1 26: 223 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024157249
Q3 2024263176
Q4 2024168250
Q1 2025265160
Q2 2025287163
Q3 2025287188
Q4 2025305161
Q1 2026319223

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ2 25 calls: $62.9mQ2 25 puts: $19.1mQ2 25P/C 0.30Q3 25 calls: $66.9mQ3 25 puts: $26.8mQ3 25P/C 0.40Q4 25 calls: $57.3mQ4 25 puts: $18.2mQ4 25P/C 0.32Q1 26 calls: $78.9mQ1 26 puts: $31.1mQ1 26P/C 0.39
Numbers
QuarterCallsPutsP/C
Q2 2025$62.9m$19.1m0.30
Q3 2025$66.9m$26.8m0.40
Q4 2025$57.3m$18.2m0.32
Q1 2026$78.9m$31.1m0.39

Biggest buyers

JONES FINANCIAL COMPANIES LLLP Added +2,149,783+2.1m
Connor, Clark & Lunn Investment Management Ltd. Added +1,619,023+1.6m
MORGAN STANLEY Added +1,162,552+1.2m
BANK OF MONTREAL /CAN/ Added +603,711+603.7k
BRANDES INVESTMENT PARTNERS, LP Added +531,537+531.5k
JANE STREET GROUP, LLC New +322,710+322.7k
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC New +251,502+251.5k
CITADEL ADVISORS LLC Added +225,970+226.0k
AMERIPRISE FINANCIAL INC Added +224,123+224.1k
Qube Research & Technologies Ltd Added +221,773+221.8k

Biggest sellers

Standard Investments LLC Reduced -1,492,900-1.5m
FEDERATED HERMES, INC. Reduced -1,027,275-1.0m
SG Americas Securities, LLC Sold out -892,580-892.6k
FMR LLC Reduced -735,516-735.5k
MILFORD FUNDS LTD Reduced -594,898-594.9k
BANK OF AMERICA CORP /DE/ Reduced -408,848-408.8k
RAYMOND JAMES FINANCIAL INC Reduced -345,871-345.9k
WELLS FARGO & COMPANY/MN Reduced -289,868-289.9k
Invesco Ltd. Reduced -274,835-274.8k
ROYAL BANK OF CANADA Reduced -255,261-255.3k

Biggest calls

CITADEL ADVISORS LLC Added $46.7m551.5k shares
BARCLAYS PLC Added $8.5m100.0k shares
Optiver Holding B.V. Added $7.4m87.7k shares
Twin Tree Management, LP Reduced $4.7m56.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.5m53.4k shares
IMC-Chicago, LLC Added $2.1m25.0k shares
Walleye Trading LLC New $1.4m16.2k shares
JANE STREET GROUP, LLC Added $1.4m16.2k shares
SIMPLEX TRADING, LLC Added $1.0m12.3k shares
GROUP ONE TRADING LLC New $803.7k9.5k shares

Biggest puts

Optiver Holding B.V. Added $11.0m130.3k shares
BARCLAYS PLC New $8.5m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.1m84.0k shares
Twin Tree Management, LP Reduced $1.9m22.8k shares
CITADEL ADVISORS LLC Reduced $829.1k9.8k shares
Walleye Trading LLC Added $473.8k5.6k shares
IMC-Chicago, LLC New $389.2k4.6k shares
SIMPLEX TRADING, LLC Added $346.9k4.1k shares
GROUP ONE TRADING LLC New $287.6k3.4k shares
TUDOR INVESTMENT CORP ET AL New $236.9k2.8k 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.

Insider purchases and sales in Q1 2026

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 Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.03% of their portfolio BOSTON, MA 5,658,4525.7m $478.7m $478.7m 0.03% Reduced -735.5k -735,516
2 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 4,481,0104.5m $379.1m $379.1m 0.03% Reduced -408.8k -408,848
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 3,362,0713.4m $284.4m $284.4m 0.02% Added +1.2m +1,162,552
4 NATIXIS ADVISORS, LLC 0.27% of their portfolio Boston, MA 2,267,4652.3m $191.8m $191.8m 0.27% Added +80.1k +80,107
5 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,197,1152.2m $185.9m $185.9m 0.02% Added +95.2k +95,235
6 RENAISSANCE TECHNOLOGIES LLC 0.29% of their portfolio NEW YORK, NY 2,168,7552.2m $183.5m $183.5m 0.29% Reduced -246.5k -246,531
7 JONES FINANCIAL COMPANIES LLLP 0.08% of their portfolio DES PERES, MO 2,157,6222.2m $176.8m $176.8m 0.08% Added +2.1m +2,149,783
8 FEDERATED HERMES, INC. 0.29% of their portfolio PITTSBURGH, PA 2,142,1312.1m $181.2m $181.2m 0.29% Reduced -1.0m -1,027,275
9 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,058,1842.1m $174.1m $174.1m 0.03% Reduced -255.3k -255,261
10 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,058,0482.1m $172.2m $172.2m 0.01% Reduced -65.3k -65,341
11 Connor, Clark & Lunn Investment Management Ltd. 0.36% of their portfolio VANCOUVER, A1 1,844,3071.8m $156.0m $156.0m 0.36% Added +1.6m +1,619,023
12 MILFORD FUNDS LTD 3.14% of their portfolio AUCKLAND, Q2 1,773,6631.8m $150.1m $150.1m 3.14% Reduced -594.9k -594,898
13 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,640,4381.6m $138.8m $138.8m 0.04% Reduced -178.4k -178,423
14 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 1,357,8331.4m $114.9m $114.9m 0.04% Reduced -345.9k -345,871
15 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,341,0751.3m $113.5m $113.5m 0.02% Reduced -289.9k -289,868
16 BRANDES INVESTMENT PARTNERS, LP 0.79% of their portfolio LA JOLLA, CA 1,312,0111.3m $111.0m $111.0m 0.79% Added +531.5k +531,537
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,292,2941.3m $109.3m $109.3m 0.00% Added +113.0k +113,029
18 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,153,4561.2m $97.6m $97.6m 0.01% Reduced -98.2k -98,171
19 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 1,061,8741.1m $89.8m $89.8m 0.04% Added +603.7k +603,711
20 Standard Investments LLC 4.91% of their portfolio New York, NY 987,100987.1k $83.5m $83.5m 4.91% Reduced -1.5m -1,492,900
21 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 891,393891.4k $75.4m $75.4m 0.02% Added +16.0k +15,958
22 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 879,068879.1k $74.4m $74.4m 0.02% Reduced -162.0k -162,028
23 Clark Capital Management Group, Inc. 0.45% of their portfolio PHILADELPHIA, PA 862,160862.2k $72.9m $72.9m 0.45% Reduced -58.6k -58,561
24 Cullen Capital Management, LLC 0.69% of their portfolio New York, NY 794,204794.2k $67.2m $67.2m 0.69% Added +32.2k +32,229
25 CAUSEWAY CAPITAL MANAGEMENT LLC 0.56% of their portfolio LOS ANGELES, CA 538,761538.8k $45.6m $45.6m 0.56% Reduced -170.7k -170,724
26 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 463,904463.9k $39.0m $39.0m 0.01% Added +224.1k +224,123
27 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 444,507444.5k $37.6m $37.6m 0.03% Added +3.6k +3,649
28 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 419,866419.9k $35.5m $35.5m 0.03% Added +106.8k +106,842
29 ABC ARBITRAGE SA 3.99% of their portfolio PARIS, I0 355,114355.1k $30.0m $30.0m 3.99% Added +42.9k +42,912
30 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 326,853326.9k $27.7m $27.7m 0.01% Added +80.8k +80,810
31 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 322,710322.7k $27.3m $27.3m 0.03% New
32 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 306,450306.4k $25.9m $25.9m 0.02% Reduced -51.5k -51,503
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 302,745302.7k $25.6m $25.6m 0.00% Added +62.7k +62,725
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 301,715301.7k $25.5m $25.5m 0.00% Reduced -45.5k -45,455
35 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 269,843269.8k $22.8m $22.8m 0.01% Added +73.5k +73,526
36 Quantinno Capital Management LP 0.04% of their portfolio NEW YORK, NY 268,822268.8k $22.7m $22.7m 0.04% Added +58.1k +58,057
37 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 268,030268.0k $22.7m $22.7m 0.02% Added +226.0k +225,970
38 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 255,475255.5k $21.6m $21.6m 0.03% Added +221.8k +221,773
39 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.29% of their portfolio PORTLAND, OR 251,502251.5k $21.3m $21.3m 0.29% New
40 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.66% of their portfolio BETHESDA, MD 214,700214.7k $18.2m $18.2m 0.66% Reduced -30.2k -30,200
41 Beck Bode, LLC 3.05% of their portfolio DEDHAM, MA 212,922212.9k $18.0m $18.0m 3.05% New
42 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 194,061194.1k $16.4m $16.4m 0.03% Added +161.5k +161,510
43 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 188,674188.7k $16.0m $16.0m 0.00% Added +25.8k +25,770
44 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 186,271186.3k $15.8m $15.8m 0.02% Added +48.8k +48,762
45 HENNESSY ADVISORS INC 0.55% of their portfolio NOVATO, CA 180,944180.9k $15.3m $15.3m 0.55% Added +300 +300
46 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 179,141179.1k $15.2m $15.2m 0.02% Reduced -48.6k -48,562
47 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 174,885174.9k $15.3m $15.3m 0.01% Added +6.4k +6,400
48 Guardian Partners Inc. 1.21% of their portfolio TORONTO, Z4 171,170171.2k $14.5m $14.5m 1.21% Reduced -2.4k -2,369
49 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 163,238163.2k $13.8m $13.8m 0.01% Added +26.4k +26,432
50 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 161,787161.8k $13.7m $13.7m 0.00% Reduced -274.8k -274,835
51 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 150,752150.8k $12.8m $12.8m 0.01% Added +3.0k +3,029
52 XTX Topco Ltd 0.21% of their portfolio LONDON, X0 142,648142.6k $12.1m $12.1m 0.21% Added +127.2k +127,221
53 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 137,195137.2k $11.6m $11.6m 0.04% Added +61.6k +61,645
54 OPPENHEIMER ASSET MANAGEMENT INC. 0.13% of their portfolio NEW YORK, NY 134,707134.7k $11.4m $11.4m 0.13% Reduced -14.3k -14,251
55 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 131,394131.4k $11.1m $11.1m 0.01% Reduced -4.0k -3,965
56 Tidal Investments LLC 0.03% of their portfolio Milwaukee, WI 122,565122.6k $10.3m $10.3m 0.03% New
57 MILLER HOWARD INVESTMENTS INC /NY 0.28% of their portfolio KINGSTON, NY 120,490120.5k $10.2m $10.2m 0.28% Added +22.9k +22,898
58 GABELLI FUNDS LLC 0.07% of their portfolio Rye, NY 119,500119.5k $10.1m $10.1m 0.07% Unchanged
59 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 116,208116.2k $9.8m $9.8m 0.04% Reduced -21.7k -21,657
60 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 110,989111.0k $9.4m $9.4m 0.01% Added +95.7k +95,703
61 Crossmark Global Holdings, Inc. 0.14% of their portfolio HOUSTON, TX 110,948110.9k $9.4m $9.4m 0.14% Reduced -15.0k -15,010
62 LMR Partners LLP 0.08% of their portfolio LONDON, X0 107,901107.9k $9.1m $9.1m 0.08% New
63 QRG CAPITAL MANAGEMENT, INC. 0.09% of their portfolio BERWYN, PA 101,742101.7k $8.6m $8.6m 0.09% Added +41.8k +41,783
64 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 100,890100.9k $8.5m $8.5m 0.02% Reduced -26.4k -26,398
65 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 100,601100.6k $8.5m $8.5m 0.01% Added +37.8k +37,808
66 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 97,20597.2k $8.2m $8.2m 0.01% Added +6.1k +6,072
67 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 92,22192.2k $7.8m $7.8m 0.01% Added +1.6k +1,565
68 M. Kulyk & Associates, LLC 1.44% of their portfolio DECATUR, GA 91,12991.1k $7.7m $7.7m 1.44% Added +4.1k +4,061
69 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.06% of their portfolio NEW YORK, NY 90,79190.8k $7.7m $7.7m 0.06% New
70 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 89,07489.1k $7.5m $7.5m 0.02% Reduced -15.9k -15,853
71 Campbell & CO Investment Adviser LLC 0.43% of their portfolio BALTIMORE, MD 88,24688.2k $7.5m $7.5m 0.43% New
72 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 85,70885.7k $7.3m $7.3m 0.01% Added +68.3k +68,338
73 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 84,14284.1k $7.0m $7.0m 0.01% Reduced -215.1k -215,119
74 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 81,40781.4k $6.9m $6.9m 0.00% Added +30.4k +30,402
75 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 77,73577.7k $6.5m $6.5m 0.03% Reduced -7.5k -7,513
76 CIDEL ASSET MANAGEMENT INC 0.34% of their portfolio TORONTO, A6 74,71874.7k $6.3m $6.3m 0.34% Added +3.6k +3,561
77 Ramirez Asset Management, Inc. 0.76% of their portfolio NEW YORK, NY 74,16974.2k $6.3m $6.3m 0.76% Added +8.6k +8,561
78 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 74,10474.1k $6.3m $6.3m 0.00% Added +48.0k +48,018
79 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.40% of their portfolio SALT LAKE CITY, UT 73,00373.0k $6.2m $6.2m 0.40% Reduced -40.8k -40,760
80 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio Stamford, CT 70,65770.7k $6.0m $6.0m 0.03% Added +8.7k +8,690
81 Y-Intercept (Hong Kong) Ltd 0.11% of their portfolio HONG KONG, K3 69,22869.2k $5.9m $5.9m 0.11% Added +66.0k +66,014
82 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 68,38968.4k $5.8m $5.8m 0.03% Reduced -25.7k -25,663
83 Gilman Hill Asset Management, LLC 0.86% of their portfolio NEW CANAAN, CT 67,22267.2k $5.7m $5.7m 0.86% Added +2.6k +2,640
84 M&T Bank Corp 0.02% of their portfolio BUFFALO, NY 66,26966.3k $5.6m $5.6m 0.02% Reduced -1.2k -1,174
85 ZEVIN ASSET MANAGEMENT LLC 0.77% of their portfolio BOSTON, MA 65,69765.7k $5.6m $5.6m 0.77% Added +1.9k +1,923
86 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 65,62965.6k $5.6m $5.6m 0.00% Added +18.0k +17,984
87 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 63,21463.2k $5.3m $5.3m 0.06% Reduced -16.6k -16,648
88 Gradient Investments LLC 0.08% of their portfolio ARDEN HILLS, MN 61,30861.3k $5.2m $5.2m 0.08% Added +37.0k +37,025
89 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 59,06859.1k $5.0m $5.0m 0.03% Reduced -5.7k -5,671
90 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 58,96959.0k $5.0m $5.0m 0.01% Added +17.2k +17,202
91 Mariner, LLC 0.01% of their portfolio Overland Park, KS 58,67458.7k $5.0m $5.0m 0.01% Added +3.6k +3,602
92 PITTENGER & ANDERSON INC 0.19% of their portfolio LINCOLN, NE 57,14557.1k $4.8m $4.8m 0.19% Unchanged
93 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 55,27055.3k $4.7m $4.7m 0.00% Reduced -6.7k -6,722
94 TD PRIVATE CLIENT WEALTH LLC 0.10% of their portfolio NEW YORK, NY 54,34654.3k $4.6m $4.6m 0.10% Reduced -22.1k -22,086
95 First Bank & Trust 0.74% of their portfolio BROOKINGS, SD 53,94953.9k $4.6m $4.6m 0.74% Reduced -313 -313
96 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 53,90553.9k $4.6m $4.6m 0.01% Added +9.8k +9,815
97 CIBC Asset Management Inc 0.01% of their portfolio TORONTO, Z4 52,90652.9k $4.5m $4.5m 0.01% Reduced -19.2k -19,154
98 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 52,33352.3k $4.4m $4.4m 0.00% Added +2.3k +2,317
99 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 51,24351.2k $4.3m $4.3m 0.03% New
100 Old Port Advisors 1.00% of their portfolio PORTLAND, ME 50,98151.0k $4.3m $4.3m 1.00% Added +456 +456