Vault-13

NOKIA CORP NOK

SPONSORED ADR · ADR · CUSIP 654902204 · ISIN US6549022043

Finnish multinational telecommunications and information technology company

501 institutional holders +34 vs Q4 2024
581,081,056581.1m shares reported held*
$3.1bnreported value*
90 new 166 added 98 reduced 53 sold out net bought ≈ $470.2m (+89.2m 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 ($13.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.27. Options: 13 managers hold calls ($46.5m notional), 15 hold puts ($24.0m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 498Q4 22: 501Q1 23: 485Q2 23: 480Q3 23: 467Q4 23: 456Q1 24: 441Q2 24: 442Q3 24: 438Q4 24: 467Q1 25: 501501Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022498
Q4 2022501
Q1 2023485
Q2 2023480
Q3 2023467
Q4 2023456
Q1 2024441
Q2 2024442
Q3 2024438
Q4 2024467
Q1 2025501

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 159 bought or addedQ2 23: 230 cut or sold outQ3 23: 179 bought or addedQ3 23: 204 cut or sold outQ3 23Q4 23: 131 bought or addedQ4 23: 253 cut or sold outQ1 24: 191 bought or addedQ1 24: 182 cut or sold outQ1 24Q2 24: 195 bought or addedQ2 24: 168 cut or sold outQ3 24: 186 bought or addedQ3 24: 178 cut or sold outQ3 24Q4 24: 200 bought or addedQ4 24: 153 cut or sold outQ1 25: 256 bought or addedQ1 25: 151 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023159230
Q3 2023179204
Q4 2023131253
Q1 2024191182
Q2 2024195168
Q3 2024186178
Q4 2024200153
Q1 2025256151

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ2 24 calls: $35.9mQ2 24 puts: $16.4mQ2 24P/C 0.46Q3 24 calls: $71.8mQ3 24 puts: $19.9mQ3 24P/C 0.28Q4 24 calls: $65.2mQ4 24 puts: $58.7mQ4 24P/C 0.90Q1 25 calls: $46.5mQ1 25 puts: $24.0mQ1 25P/C 0.51
Numbers
QuarterCallsPutsP/C
Q2 2024$35.9m$16.4m0.46
Q3 2024$71.8m$19.9m0.28
Q4 2024$65.2m$58.7m0.90
Q1 2025$46.5m$24.0m0.51

Biggest buyers

FMR LLC Added +29,048,452+29.0m
OAKTREE CAPITAL MANAGEMENT LP New +18,752,227+18.8m
Freestone Grove Partners LP Added +8,721,520+8.7m
ACADIAN ASSET MANAGEMENT LLC New +8,588,317+8.6m
Slate Path Capital LP Added +8,089,368+8.1m
LMR Partners LLP New +6,787,267+6.8m
Balyasny Asset Management L.P. New +5,956,635+6.0m
Optiver Holding B.V. New +4,978,498+5.0m
DEUTSCHE BANK AG\ Added +4,835,005+4.8m
Harvey Partners, LLC New +4,177,500+4.2m

Biggest sellers

Woodline Partners LP Sold out -12,000,442-12.0m
Alyeska Investment Group, L.P. Reduced -10,748,725-10.7m
MORGAN STANLEY Reduced -3,658,778-3.7m
PZENA INVESTMENT MANAGEMENT LLC Reduced -3,381,005-3.4m
D. E. Shaw & Co., Inc. Reduced -2,187,166-2.2m
Hel Ved Capital Management Ltd Sold out -1,806,000-1.8m
Aquatic Capital Management LLC Reduced -1,785,539-1.8m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,083,613-1.1m
BANK OF AMERICA CORP /DE/ Reduced -755,421-755.4k
TWO SIGMA ADVISERS, LP Sold out -528,000-528.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $25.0m4.7m shares
Optiver Holding B.V. Added $9.0m1.7m shares
SIMPLEX TRADING, LLC Reduced $3.5m656.9k shares
CITADEL ADVISORS LLC Reduced $2.2m423.4k shares
GROUP ONE TRADING LLC Reduced $2.0m387.0k shares
IMC-Chicago, LLC Reduced $1.5m293.9k shares
Walleye Trading LLC Reduced $1.1m209.2k shares
PEAK6 LLC New $895.4k169.9k shares
WOLVERINE TRADING, LLC Reduced $492.3k94.5k shares
JANE STREET GROUP, LLC Reduced $452.2k85.8k shares

Biggest puts

Optiver Holding B.V. Reduced $8.6m1.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.1m1.2m shares
CITADEL ADVISORS LLC Reduced $2.7m521.4k shares
ExodusPoint Capital Management, LP Reduced $2.6m500.0k shares
IMC-Chicago, LLC Reduced $1.2m234.9k shares
SIMPLEX TRADING, LLC Added $667.0k126.7k shares
GROUP ONE TRADING LLC Reduced $649.3k123.2k shares
SUMMIT SECURITIES GROUP LLC New $365.2k69.3k shares
Walleye Trading LLC Reduced $364.7k69.2k shares
WOLVERINE TRADING, LLC Reduced $236.5k45.4k 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 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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Artisan Partners Limited Partnership 0.91% of their portfolio Milwaukee, WI 106,179,464106.2m $559.6m $559.6m 0.91% Added +1.2m +1,242,163
2 PZENA INVESTMENT MANAGEMENT LLC 1.48% of their portfolio NEW YORK, NY 80,461,97080.5m $424.0m $424.0m 1.48% Reduced -3.4m -3,381,005
3 FMR LLC 0.03% of their portfolio BOSTON, MA 78,550,12678.6m $414.0m $414.0m 0.03% Added +29.0m +29,048,452
4 Slate Path Capital LP 3.67% of their portfolio New York, NY 38,528,35538.5m $203.0m $203.0m 3.67% Added +8.1m +8,089,368
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.14% of their portfolio BOSTON, MA 32,004,38032.0m $168.7m $168.7m 0.14% Added +2.9m +2,946,153
6 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 19,050,66919.1m $100.4m $100.4m 0.01% Reduced -3.7m -3,658,778
7 OAKTREE CAPITAL MANAGEMENT LP 2.01% of their portfolio LOS ANGELES, CA 18,752,22718.8m $98.8m $98.8m 2.01% New
8 UBS Group AG 0.02% of their portfolio ZURICH, V8 16,734,61416.7m $88.2m $88.2m 0.02% Added +968.4k +968,376
9 Freestone Grove Partners LP 0.88% of their portfolio San Francisco, CA 16,249,26116.2m $85.6m $85.6m 0.88% Added +8.7m +8,721,520
10 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 12,550,27412.6m $66.1m $66.1m 0.01% Added +1.0m +1,002,033
11 FOLKETRYGDFONDET 1.20% of their portfolio OSLO, Q8 10,251,29010.3m $54.0m $54.0m 1.20% Unchanged
12 ACADIAN ASSET MANAGEMENT LLC 0.13% of their portfolio Boston, MA 8,588,3178.6m $45.2m $45.2m 0.13% New
13 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 8,572,8608.6m $45.2m $45.2m 0.02% Added +4.8m +4,835,005
14 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 8,390,8298.4m $44.2m $44.2m 0.01% Added +5.9k +5,904
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 8,009,8408.0m $42.2m $42.2m 0.00% Added +574.3k +574,261
16 LMR Partners LLP 0.72% of their portfolio LONDON, X0 6,787,2676.8m $35.8m $35.8m 0.72% New
17 Balyasny Asset Management L.P. 0.08% of their portfolio Chicago, IL 5,956,6356.0m $31.4m $31.4m 0.08% New
18 SEI INVESTMENTS CO 0.04% of their portfolio OAKS, PA 5,168,0805.2m $27.2m $27.2m 0.04% Added +731.0k +730,996
19 Optiver Holding B.V. 1.01% of their portfolio AMSTERDAM, P7 4,978,4985.0m $26.2m $26.2m 1.01% New
20 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 4,630,6624.6m $24.4m $24.4m 0.03% Reduced -20.2k -20,176
21 Harvey Partners, LLC 2.61% of their portfolio Tarrytown, NY 4,177,5004.2m $22.0m $22.0m 2.61% New
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,998,1744.0m $21.1m $21.1m 0.00% Reduced -755.4k -755,421
23 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 3,903,8253.9m $20.6m $20.6m 0.00% Added +228.0k +228,030
24 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 3,787,8573.8m $20.0m $20.0m 0.01% Added +1.2m +1,237,629
25 Penserra Capital Management LLC 0.35% of their portfolio ORINDA, CA 3,707,8573.7m $19.5m $19.5m 0.35% Added +1.1m +1,078,476
26 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 3,666,3803.7m $19.3m $19.3m 0.03% Added +2.7m +2,728,600
27 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 2,954,4833.0m $15.6m $15.6m 0.01% Reduced -203.9k -203,937
28 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 2,841,5582.8m $15.0m $15.0m 0.01% New
29 State of Tennessee, Department of Treasury 0.06% of their portfolio NASHVILLE, TN 2,771,8942.8m $14.6m $14.6m 0.06% Unchanged
30 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 2,628,2832.6m $13.8m $13.8m 0.02% Added +1.1m +1,075,832
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 2,524,9142.5m $13.3m $13.3m 0.00% Reduced -68.2k -68,160
32 TSP Capital Management Group, LLC 3.95% of their portfolio Summit, NJ 2,280,7422.3m $12.0m $12.0m 3.95% Added +7.8k +7,800
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,234,0892.2m $11.8m $11.8m 0.00% Reduced -37.2k -37,219
34 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 2,156,3972.2m $11.4m $11.4m 0.01% Reduced -351.0k -350,981
35 Talos Eurisko Asset Management LP 4.00% of their portfolio NEW YORK, NY 1,788,7001.8m $9.4m $9.4m 4.00% Reduced -276.0k -276,000
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 1,744,1351.7m $9.2m $9.2m 0.02% Reduced -1.1m -1,083,613
37 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 1,520,0001.5m $8.0m $8.0m 0.04% Unchanged
38 Caisse de depot et placement du Quebec 0.02% of their portfolio Montreal, A8 1,503,9051.5m $7.9m $7.9m 0.02% New
39 Employees Retirement System of Texas 0.07% of their portfolio AUSTIN, TX 1,465,7261.5m $7.7m $7.7m 0.07% Unchanged
40 Alyeska Investment Group, L.P. 0.03% of their portfolio CHICAGO, IL 1,323,6701.3m $7.0m $7.0m 0.03% Reduced -10.7m -10,748,725
41 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 1,264,6351.3m $6.7m $6.7m 0.00% Reduced -179.0k -179,033
42 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 1,243,5601.2m $6.6m $6.6m 0.02% New
43 Henry James International Management Inc. 1.76% of their portfolio NEW YORK, NY 975,379975.4k $5.1m $5.1m 1.76% Added +2.1k +2,111
44 QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio BERWYN, PA 904,816904.8k $4.8m $4.8m 0.05% Added +214.2k +214,159
45 OLD MISSION CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 833,296833.3k $4.4m $4.4m 0.08% New
46 ABN AMRO INVESTMENT SOLUTIONS 0.09% of their portfolio PARIS CEDEX 008, I0 814,610814.6k $4.3m $4.3m 0.09% Reduced -215.1k -215,087
47 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 790,556790.6k $4.2m $4.2m 0.00% Reduced -12.1k -12,095
48 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 790,319790.3k $4.2m $4.2m 0.00% Added +121.9k +121,856
49 Waterfront Wealth Inc. 0.99% of their portfolio OVERLAND PARK, KS 768,825768.8k $4.1m $4.1m 0.99% Reduced -8.2k -8,223
50 LEUTHOLD GROUP, LLC 0.50% of their portfolio MINNEAPOLIS, MN 735,579735.6k $3.9m $3.9m 0.50% Reduced -32.9k -32,910
51 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 678,750678.8k $3.6m $3.6m 0.00% Reduced -2.2m -2,187,166
52 Cubist Systematic Strategies, LLC 0.05% of their portfolio STAMFORD, CT 664,176664.2k $3.5m $3.5m 0.05% New
53 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 640,223640.2k $3.4m $3.4m 0.01% Added +132.9k +132,940
54 Murphy Pohlad Asset Management LLC 1.39% of their portfolio EDEN PRAIRIE, MN 623,399623.4k $3.3m $3.3m 1.39% Reduced -1.2k -1,200
55 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 621,659621.7k $3.3m $3.3m 0.01% Added +207.1k +207,050
56 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 620,267620.3k $3.3m $3.3m 0.02% New
57 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 603,200603.2k $3.2m $3.2m 0.00% Added +120.7k +120,707
58 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 543,088543.1k $2.9m $2.9m 0.00% Added +83.3k +83,288
59 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 535,900535.9k $2.8m $2.8m 0.01% New
60 Maxi Investments CY Ltd 0.55% of their portfolio LIMASSOL, G4 525,482525.5k $2.8m $2.8m 0.55% Added +192.1k +192,063
61 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 522,882522.9k $2.8m $2.8m 0.00% Reduced -1.1k -1,149
62 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 516,298516.3k $2.7m $2.7m 0.00% New
63 ExodusPoint Capital Management, LP 0.03% of their portfolio NEW YORK, NY 500,050500.1k $2.6m $2.6m 0.03% New
64 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 493,925493.9k $2.6m $2.6m 0.00% Added +250.9k +250,948
65 ABC ARBITRAGE SA 0.47% of their portfolio PARIS, I0 479,642479.6k $2.5m $2.5m 0.47% New
66 Bastion Asset Management Inc. 1.36% of their portfolio Montreal, Z4 477,009477.0k $2.5m $2.5m 1.36% New
67 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 468,939468.9k $2.5m $2.5m 0.00% Added +74.1k +74,072
68 GWN SECURITIES INC. 0.13% of their portfolio Palm Beach Gardens, FL 460,960461.0k $2.3m $2.3m 0.13% New
69 CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio PARIS, I0 444,624444.6k $2.3m $2.3m 0.03% New
70 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 418,192418.2k $2.2m $2.2m 0.00% Added +32.3k +32,269
71 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 414,192414.2k $2.2m $2.2m 0.00% Reduced -72.0k -71,950
72 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 401,673401.7k $2.1m $2.1m 0.00% Added +36.7k +36,717
73 Clean Yield Group 0.69% of their portfolio NORWICH, VT 399,033399.0k $2.1m $2.1m 0.69% Reduced -84.2k -84,248
74 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 390,100390.1k $2.1m $2.1m 0.01% New
75 Crossmark Global Holdings, Inc. 0.04% of their portfolio HOUSTON, TX 379,391379.4k $2.0m $2.0m 0.04% Added +336 +336
76 Aquatic Capital Management LLC 0.05% of their portfolio CHICAGO, IL 373,804373.8k $2.0m $2.0m 0.05% Reduced -1.8m -1,785,539
77 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 371,709371.7k $2.0m $2.0m 0.00% Reduced -418.4k -418,420
78 Lesa Sroufe & Co 1.94% of their portfolio SEATTLE, WA 368,982369.0k $1.9m $1.9m 1.94% First filing
79 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 339,925339.9k $1.8m $1.8m 0.03% Added +317.3k +317,309
80 PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio BOSTON, MA 325,118325.1k $1.7m $1.7m 0.01% Added +32.9k +32,859
81 Ethic Inc. 0.03% of their portfolio NEW YORK, NY 309,952310.0k $1.7m $1.7m 0.03% Added +12.8k +12,796
82 BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 308,651308.7k $1.6m $1.6m 0.06% Reduced -9.0k -9,007
83 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 306,464306.5k $1.6m $1.6m 0.01% Added +129.5k +129,472
84 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 301,314301.3k $1.6m $1.6m 0.01% Added +37.5k +37,474
85 Manatuck Hill Partners, LLC 0.73% of their portfolio WESTPORT, CT 300,000300.0k $1.6m $1.6m 0.73% New
86 Connective Portfolio Management, LLC 5.34% of their portfolio NEW YORK, NY 300,000300.0k $1.6m $1.6m 5.34% New
87 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 284,784284.8k $1.5m $1.5m 0.00% Added +160.4k +160,386
88 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 270,614270.6k $1.4m $1.4m 0.00% Reduced -13.0k -13,020
89 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 267,219267.2k $1.4m $1.4m 0.00% Added +39.4k +39,441
90 Westchester Capital Management, LLC 0.08% of their portfolio VALHALLA, NY 265,118265.1k $1.4m $1.4m 0.08% New
91 TWO SIGMA SECURITIES, LLC 0.20% of their portfolio NEW YORK, NY 249,084249.1k $1.3m $1.3m 0.20% Added +209.1k +209,099
92 Tower Research Capital LLC (TRC) 0.04% of their portfolio NEW YORK, NY 248,745248.7k $1.3m $1.3m 0.04% Added +214.6k +214,632
93 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 229,033229.0k $1.2m $1.2m 0.00% Reduced -207.7k -207,704
94 Savoie Capital LLC 0.12% of their portfolio CHICAGO, IL 225,000225.0k $996.8k $996.8k 0.12% Unchanged
95 Advisors Asset Management, Inc. 0.02% of their portfolio Monument, CO 224,580224.6k $1.2m $1.2m 0.02% Reduced -37.1k -37,096
96 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 218,626218.6k $1.2m $1.2m 0.01% Reduced -30.7k -30,726
97 Mariner, LLC 0.00% of their portfolio Overland Park, KS 217,900217.9k $1.1m $1.1m 0.00% Added +27.1k +27,086
98 JUPITER ASSET MANAGEMENT LTD 0.01% of their portfolio London, X0 216,593216.6k $1.1m $1.1m 0.01% New
99 Forum Financial Management, LP 0.02% of their portfolio LOMBARD, IL 194,474194.5k $1.0m $1.0m 0.02% Added +2.9k +2,904
100 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 189,762189.8k $1.0m $1.0m 0.00% First filing