Vault-13

NOKIA CORP NOK

SPONSORED ADR · ADR · CUSIP 654902204 · ISIN US6549022043

Finnish multinational telecommunications and information technology company

624 institutional holders +77 vs Q4 2025
1,068,276,5291.1bn shares reported held*
$8.6bnreported value*
131 new 216 added 125 reduced 60 sold out net bought ≈ $891.4m (+110.9m 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 ($24.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.06. Options: 30 managers hold calls ($256.6m notional), 26 hold puts ($133.4m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 498Q4 22: 501Q1 23: 485Q2 23: 480Q3 23: 467Q4 23: 456Q1 24: 441Q2 24: 442Q3 24: 438Q4 24: 467Q1 25: 501Q2 25: 517Q3 25: 474Q4 25: 547Q1 26: 624624Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022498
Q4 2022501
Q1 2023485
Q2 2023480
Q3 2023467
Q4 2023456
Q1 2024441
Q2 2024442
Q3 2024438
Q4 2024467
Q1 2025501
Q2 2025517
Q3 2025474
Q4 2025547
Q1 2026624

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q2 25: 249 bought or addedQ2 25: 181 cut or sold outQ3 25: 174 bought or addedQ3 25: 257 cut or sold outQ3 25Q4 25: 278 bought or addedQ4 25: 153 cut or sold outQ1 26: 347 bought or addedQ1 26: 185 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024195168
Q3 2024186178
Q4 2024200153
Q1 2025256151
Q2 2025249181
Q3 2025174257
Q4 2025278153
Q1 2026347185

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ2 25 calls: $26.7mQ2 25 puts: $31.0mQ2 25P/C 1.16Q3 25 calls: $47.3mQ3 25 puts: $25.1mQ3 25P/C 0.53Q4 25 calls: $100.7mQ4 25 puts: $95.1mQ4 25P/C 0.95Q1 26 calls: $256.6mQ1 26 puts: $133.4mQ1 26P/C 0.52
Numbers
QuarterCallsPutsP/C
Q2 2025$26.7m$31.0m1.16
Q3 2025$47.3m$25.1m0.53
Q4 2025$100.7m$95.1m0.95
Q1 2026$256.6m$133.4m0.52

Biggest buyers

FMR LLC Added +57,123,582+57.1m
Turiya Advisors Asia Ltd New +18,092,100+18.1m
ARGA Investment Management, LP Added +12,734,021+12.7m
JANE STREET GROUP, LLC Added +12,071,746+12.1m
WT Asset Management Ltd New +8,615,862+8.6m
RENAISSANCE TECHNOLOGIES LLC Added +7,546,000+7.5m
Panview Capital Ltd New +5,960,932+6.0m
GOLDMAN SACHS GROUP INC Added +5,832,137+5.8m
SAMLYN CAPITAL, LLC New +5,212,154+5.2m
ACADIAN ASSET MANAGEMENT LLC Added +4,675,770+4.7m

Biggest sellers

PZENA INVESTMENT MANAGEMENT LLC Reduced -28,516,989-28.5m
Alyeska Investment Group, L.P. Reduced -10,670,375-10.7m
Point72 Asset Management, L.P. Reduced -10,623,974-10.6m
Artisan Partners Limited Partnership Reduced -8,179,137-8.2m
OAKTREE CAPITAL MANAGEMENT LP Reduced -7,551,921-7.6m
Analog Century Management LP Reduced -5,617,139-5.6m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -5,465,625-5.5m
UBS Group AG Reduced -4,546,511-4.5m
MILLENNIUM MANAGEMENT LLC Reduced -3,453,283-3.5m
CITADEL ADVISORS LLC Reduced -3,340,406-3.3m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $47.9m6.0m shares
PEAK6 LLC Added $29.2m3.6m shares
CITADEL ADVISORS LLC Added $25.9m3.2m shares
JANE STREET GROUP, LLC Added $22.4m2.8m shares
GROUP ONE TRADING LLC Added $20.4m2.5m shares
SIMPLEX TRADING, LLC Added $17.8m2.2m shares
Optiver Holding B.V. Reduced $14.4m1.8m shares
Point72 Asset Management, L.P. New $14.2m1.8m shares
WELLS FARGO & COMPANY/MN New $13.6m1.7m shares
Calamos Advisors LLC New $8.7m1.3m shares

Biggest puts

MILLENNIUM MANAGEMENT LLC Added $18.9m2.4m shares
Optiver Holding B.V. Reduced $17.1m2.1m shares
CITADEL ADVISORS LLC Added $15.3m1.9m shares
Oribel Capital Management, LP New $13.2m1.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.0m1.2m shares
JANE STREET GROUP, LLC Added $8.2m1.0m shares
D. E. Shaw & Co., Inc. Unchanged $7.2m900.0k shares
Point72 Asset Management, L.P. New $6.2m774.5k shares
GROUP ONE TRADING LLC Added $5.6m694.6k shares
SIMPLEX TRADING, LLC Added $5.4m671.2k 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.

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 0.09% of their portfolio BOSTON, MA 222,403,233222.4m $1.8bn $1.8bn 0.09% Added +57.1m +57,123,582
2 NVIDIA CORP 7.28% of their portfolio SANTA CLARA, CA 166,389,351166.4m $1.3bn $1.3bn 7.28% Unchanged
3 Artisan Partners Limited Partnership 1.20% of their portfolio Milwaukee, WI 91,298,03391.3m $734.0m $734.0m 1.20% Reduced -8.2m -8,179,137
4 PZENA INVESTMENT MANAGEMENT LLC 1.66% of their portfolio NEW YORK, NY 63,425,51863.4m $509.9m $509.9m 1.66% Reduced -28.5m -28,516,989
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.18% of their portfolio BOSTON, MA 41,855,43341.9m $336.5m $336.5m 0.18% Reduced -5.5m -5,465,625
6 Slate Path Capital LP 4.28% of their portfolio New York, NY 35,838,80235.8m $288.1m $288.1m 4.28% Added +2.2m +2,152,200
7 ARGA Investment Management, LP 5.38% of their portfolio STAMFORD, CT 20,388,20220.4m $163.9m $163.9m 5.38% Added +12.7m +12,734,021
8 Turiya Advisors Asia Ltd 29.31% of their portfolio HONG KONG, K3 18,092,10018.1m $145.5m $145.5m 29.31% New
9 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 16,009,91016.0m $128.7m $128.7m 0.01% Added +4.4m +4,401,276
10 Point72 Asset Management, L.P. 0.22% of their portfolio STAMFORD, CT 15,480,46815.5m $124.5m $124.5m 0.22% Reduced -10.6m -10,623,974
11 Thrivent Financial for Lutherans 0.22% of their portfolio Minneapolis, MN 14,113,71214.1m $113.5m $113.5m 0.22% Reduced -376.0k -375,993
12 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 13,751,03913.8m $110.6m $110.6m 0.01% Added +5.8m +5,832,137
13 FOLKETRYGDFONDET 1.92% of their portfolio OSLO, Q8 13,476,49813.5m $108.4m $108.4m 1.92% Reduced -1.2m -1,176,121
14 JANE STREET GROUP, LLC 0.12% of their portfolio NEW YORK, NY 13,384,17713.4m $107.6m $107.6m 0.12% Added +12.1m +12,071,746
15 RENAISSANCE TECHNOLOGIES LLC 0.17% of their portfolio NEW YORK, NY 13,294,78013.3m $106.9m $106.9m 0.17% Added +7.5m +7,546,000
16 CITADEL ADVISORS LLC 0.07% of their portfolio MIAMI, FL 12,597,25212.6m $101.3m $101.3m 0.07% Reduced -3.3m -3,340,406
17 UBS Group AG 0.02% of their portfolio ZURICH, V8 11,778,24111.8m $94.7m $94.7m 0.02% Reduced -4.5m -4,546,511
18 OAKTREE CAPITAL MANAGEMENT LP 1.52% of their portfolio LOS ANGELES, CA 11,200,30811.2m $90.1m $90.1m 1.52% Reduced -7.6m -7,551,921
19 Analog Century Management LP 4.03% of their portfolio NEW YORK, NY 10,494,76610.5m $84.4m $84.4m 4.03% Reduced -5.6m -5,617,139
20 BlackRock, Inc. 0.00% of their portfolio New York, NY 10,427,73710.4m $83.8m $83.8m 0.00% Added +2.1m +2,087,413
21 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 9,994,89610.0m $80.4m $80.4m 0.06% Reduced -3.5m -3,453,283
22 MARSHALL WACE, LLP 0.09% of their portfolio LONDON, X0 9,974,07910.0m $80.2m $80.2m 0.09% Added +3.4m +3,350,934
23 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 9,168,3079.2m $73.7m $73.7m 0.02% Reduced -1.2m -1,173,978
24 ACADIAN ASSET MANAGEMENT LLC 0.10% of their portfolio Boston, MA 8,827,6008.8m $70.9m $70.9m 0.10% Added +4.7m +4,675,770
25 WT Asset Management Ltd 1.45% of their portfolio HONG KONG, K3 8,615,8628.6m $69.3m $69.3m 1.45% New
26 Defiance ETFs, LLC 0.98% of their portfolio NEW YORK, NY 8,486,7308.5m $68.2m $68.2m 0.98% Reduced -392.0k -392,031
27 Penserra Capital Management LLC 0.77% of their portfolio ORINDA, CA 8,193,8588.2m $65.9m $65.9m 0.77% Reduced -684.9k -684,903
28 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio BALA CYNWYD, PA 7,834,5247.8m $63.0m $63.0m 0.08% Added +3.1m +3,145,822
29 Alyeska Investment Group, L.P. 0.16% of their portfolio CHICAGO, IL 6,819,7266.8m $54.8m $54.8m 0.16% Reduced -10.7m -10,670,375
30 Qube Research & Technologies Ltd 0.08% of their portfolio LONDON, X0 6,707,5496.7m $53.9m $53.9m 0.08% Added +1.6m +1,633,251
31 Freestone Grove Partners LP 0.37% of their portfolio San Francisco, CA 6,312,5786.3m $50.8m $50.8m 0.37% Added +535.7k +535,695
32 SEI INVESTMENTS CO 0.05% of their portfolio OAKS, PA 6,177,6716.2m $49.7m $49.7m 0.05% Reduced -449.7k -449,707
33 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 5,966,3166.0m $48.0m $48.0m 0.01% Reduced -251.7k -251,732
34 Panview Capital Ltd 10.26% of their portfolio HONG KONG, K3 5,960,9326.0m $47.9m $47.9m 10.26% New
35 Ceredex Value Advisors LLC 1.44% of their portfolio WINTER PARK, FL 5,683,4745.7m $45.7m $45.7m 1.44% Reduced -1.5m -1,491,537
36 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 5,427,5005.4m $43.6m $43.6m 0.01% Added +744.3k +744,282
37 SAMLYN CAPITAL, LLC 0.72% of their portfolio New York, NY 5,212,1545.2m $41.9m $41.9m 0.72% New
38 Russell Investments Group, Ltd. 0.04% of their portfolio Seattle, WA 4,787,9424.8m $38.5m $38.5m 0.04% Reduced -274.4k -274,399
39 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.05% of their portfolio CAUSEWAY BAY, K3 4,496,1574.5m $36.1m $36.1m 0.05% Added +4.5m +4,493,472
40 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 4,108,3444.1m $33.0m $33.0m 0.00% Added +253.1k +253,052
41 BIT Capital GmbH 1.52% of their portfolio BERLIN, 2M 3,396,3133.4m $27.3m $27.3m 1.52% New
42 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 3,188,8593.2m $25.6m $25.6m 0.02% Reduced -356.4k -356,431
43 Harvey Partners, LLC 1.92% of their portfolio Tarrytown, NY 2,945,5002.9m $23.7m $23.7m 1.92% Reduced -392.3k -392,282
44 Talos Eurisko Asset Management LP 3.66% of their portfolio NEW YORK, NY 2,665,8002.7m $21.4m $21.4m 3.66% New
45 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 2,585,9162.6m $20.8m $20.8m 0.02% Added +271.6k +271,600
46 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 2,536,8842.5m $20.4m $20.4m 0.03% Added +947.7k +947,745
47 Philosophy Capital Management LLC 2.34% of their portfolio Alamo, CA 2,500,0002.5m $20.1m $20.1m 2.34% New
48 Troluce Capital Advisors LLC 2.13% of their portfolio DORADO, PR 2,500,0002.5m $20.1m $20.1m 2.13% New
49 TSP Capital Management Group, LLC 4.89% of their portfolio Summit, NJ 2,495,1922.5m $20.1m $20.1m 4.89% Added +28.6k +28,600
50 Atreides Management, LP 0.49% of their portfolio BOSTON, MA 2,481,9472.5m $20.0m $20.0m 0.49% New
51 ATWOOD & PALMER INC 1.12% of their portfolio KANSAS CITY, MO 2,460,7602.5m $19.8m $19.8m 1.12% New
52 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,434,3472.4m $19.6m $19.6m 0.00% Added +1.2m +1,248,249
53 Portolan Capital Management, LLC 1.02% of their portfolio BOSTON, MA 2,393,9702.4m $19.2m $19.2m 1.02% Added +1.3m +1,317,848
54 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,342,6122.3m $18.8m $18.8m 0.00% Reduced -1.1m -1,132,791
55 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 2,062,2652.1m $16.6m $16.6m 0.01% Added +849.0k +848,971
56 MASTERS CAPITAL MANAGEMENT LLC 2.38% of their portfolio ATLANTA, GA 2,000,0002.0m $16.1m $16.1m 2.38% Unchanged
57 Verition Fund Management LLC 0.15% of their portfolio GREENWICH, CT 1,965,0002.0m $15.8m $15.8m 0.15% Added +1.9m +1,901,996
58 State of Tennessee, Department of Treasury 0.05% of their portfolio NASHVILLE, TN 1,964,1402.0m $15.8m $15.8m 0.05% Reduced -907.0k -907,050
59 Calamos Advisors LLC 0.06% of their portfolio NAPERVILLE, IL 1,934,3001.9m $15.6m $15.6m 0.06% Reduced -13.0k -13,000
60 WESTERLY CAPITAL MANAGEMENT, LLC 4.46% of their portfolio SAN FRANCISCO, CA 1,800,0001.8m $14.5m $14.5m 4.46% Added +450.0k +450,000
61 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 1,758,9351.8m $14.1m $14.1m 0.01% Added +273.0k +272,993
62 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,735,9351.7m $14.0m $14.0m 0.00% Reduced -1.3m -1,331,925
63 Oribel Capital Management, LP 2.01% of their portfolio NEW YORK, NY 1,644,9001.6m $13.2m $13.2m 2.01% New
64 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,630,3441.6m $13.1m $13.1m 0.00% Reduced -199.6k -199,570
65 Engineers Gate Manager LP 0.16% of their portfolio NEW YORK, NY 1,563,2731.6m $12.6m $12.6m 0.16% New
66 Old West Investment Management, LLC 1.34% of their portfolio Los Angeles, CA 1,538,7311.5m $12.4m $12.4m 1.34% Reduced -52.8k -52,840
67 Science & Technology Partners, L.P. 3.13% of their portfolio GREENWICH, CT 1,485,0001.5m $11.9m $11.9m 3.13% New
68 Azimuth Capital Investment Management LLC 0.45% of their portfolio BLOOMFIELD HILLS, MI 1,475,2201.5m $11.9m $11.9m 0.45% Reduced -46.7k -46,720
69 TB Alternative Assets Ltd. 2.40% of their portfolio HONG KONG, K3 1,436,9691.4m $11.6m $11.6m 2.40% New
70 Maytus Capital Management, LLC 1.84% of their portfolio NEW YORK, NY 1,286,9511.3m $10.3m $10.3m 1.84% New
71 CAPITAL FUND MANAGEMENT S.A. 0.09% of their portfolio PARIS, I0 1,255,2071.3m $10.1m $10.1m 0.09% Added +1.2m +1,195,808
72 Polar Asset Management Partners Inc. 0.23% of their portfolio TORONTO, A6 1,198,3031.2m $9.6m $9.6m 0.23% New
73 Henry James International Management Inc. 3.39% of their portfolio NEW YORK, NY 1,166,6631.2m $9.4m $9.4m 3.39% Reduced -50.2k -50,162
74 ExodusPoint Capital Management, LP 0.09% of their portfolio NEW YORK, NY 1,088,8981.1m $8.8m $8.8m 0.09% Reduced -322.1k -322,104
75 SALT Holding Corp. 5.31% of their portfolio WILMINGTON, DE 1,075,2001.1m $8.6m $8.6m 5.31% Unchanged
76 Jefferies Financial Group Inc. 0.10% of their portfolio NEW YORK, NY 1,024,2261.0m $8.2m $8.2m 0.10% New
77 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 979,249979.2k $7.9m $7.9m 0.01% New
78 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 961,142961.1k $7.7m $7.7m 0.00% Added +366.3k +366,270
79 Manatuck Hill Partners, LLC 2.50% of their portfolio WESTPORT, CT 950,000950.0k $7.6m $7.6m 2.50% Added +700.0k +700,000
80 Potrero Capital Research LLC 4.63% of their portfolio SAN FRANCISCO, CA 939,065939.1k $7.6m $7.6m 4.63% New
81 Militia Capital Management LLC 0.54% of their portfolio AUSTIN, TX 900,000900.0k $7.2m $7.2m 0.54% First filing
82 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 896,794896.8k $7.2m $7.2m 0.02% Added +743.8k +743,781
83 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 886,389886.4k $7.1m $7.1m 0.00% Added +175.0k +174,963
84 Employees Retirement System of Texas 0.06% of their portfolio AUSTIN, TX 828,742828.7k $6.7m $6.7m 0.06% Added +641.8k +641,777
85 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 783,061783.1k $6.3m $6.3m 0.00% Added +183.8k +183,830
86 iA Global Asset Management Inc. 0.09% of their portfolio QUEBEC, A8 782,880782.9k $6.3m $6.3m 0.09% New
87 Clearline Capital LP 0.45% of their portfolio NEW YORK, NY 722,207722.2k $5.8m $5.8m 0.45% New
88 Davidson Kempner Capital Management LP 0.10% of their portfolio New York, NY 700,000700.0k $5.6m $5.6m 0.10% Not comparable
89 Alight Capital Management LP 1.64% of their portfolio New York, NY 700,000700.0k $5.6m $5.6m 1.64% Added +600.0k +600,000
90 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 698,159698.2k $5.6m $5.6m 0.01% Added +308.3k +308,330
91 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 695,015695.0k $5.6m $5.6m 0.01% Added +309.5k +309,497
92 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 692,615692.6k $5.6m $5.6m 0.01% Reduced -62.9k -62,927
93 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 663,654663.7k $5.3m $5.3m 0.02% Added +611.7k +611,721
94 LMR Partners LLP 0.05% of their portfolio LONDON, X0 658,601658.6k $5.3m $5.3m 0.05% Added +8.6k +8,601
95 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 645,918645.9k $5.2m $5.2m 0.00% Added +219.4k +219,376
96 Ariose Capital Management Ltd 3.23% of their portfolio CENTRAL, HONG KONG, K3 598,086598.1k $4.8m $4.8m 3.23% New
97 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 557,755557.8k $4.5m $4.5m 0.01% Added +286.7k +286,749
98 DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 0.98% of their portfolio Singapore, U0 555,900555.9k $4.5m $4.5m 0.98% New
99 IMC-Chicago, LLC 0.07% of their portfolio CHICAGO, IL 533,681533.7k $4.3m $4.3m 0.07% Added +472.7k +472,725
100 QRG CAPITAL MANAGEMENT, INC. 0.04% of their portfolio BERWYN, PA 505,527505.5k $4.1m $4.1m 0.04% Reduced -34.4k -34,399