NOKIA CORP NOK
SPONSORED ADR · ADR · CUSIP 654902204 · ISIN US6549022043
Finnish multinational telecommunications and information technology 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 ($22.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.27. Options: 63 managers hold calls ($2.1bn notional), 44 hold puts ($1.5bn).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 498 |
| Q4 2022 | 501 |
| Q1 2023 | 485 |
| Q2 2023 | 480 |
| Q3 2023 | 467 |
| Q4 2023 | 456 |
| Q1 2024 | 441 |
| Q2 2024 | 442 |
| Q3 2024 | 438 |
| Q4 2024 | 467 |
| Q1 2025 | 501 |
| Q2 2025 | 517 |
| Q3 2025 | 474 |
| Q4 2025 | 547 |
| Q1 2026 | 624 |
| Q2 2026 | 788 |
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 2024 | 186 | 178 |
| Q4 2024 | 200 | 153 |
| Q1 2025 | 256 | 151 |
| Q2 2025 | 249 | 181 |
| Q3 2025 | 174 | 257 |
| Q4 2025 | 278 | 153 |
| Q1 2026 | 347 | 185 |
| Q2 2026 | 518 | 216 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $47.3m | $25.1m | 0.53 |
| Q4 2025 | $100.7m | $95.1m | 0.95 |
| Q1 2026 | $256.6m | $133.4m | 0.52 |
| Q2 2026 | $2.1bn | $1.5bn | 0.74 |
Biggest buyers
| ALKEON CAPITAL MANAGEMENT LLC | New | +36.0m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +26.3m |
| Capital World Investors | New | +25.6m |
| BANK OF AMERICA CORP /DE/ | Added | +23.1m |
| MARSHALL WACE, LLP | Added | +23.0m |
| MORGAN STANLEY | Added | +17.2m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +15.9m |
| Clearbridge Investments, LLC | New | +14.9m |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | +14.6m |
| CITADEL ADVISORS LLC | Added | +7.7m |
Biggest sellers
| Artisan Partners Limited Partnership | Sold out | -91.3m |
| FMR LLC | Reduced | -67.0m |
| PZENA INVESTMENT MANAGEMENT LLC | Reduced | -58.4m |
| Slate Path Capital LP | Sold out | -35.8m |
| ARGA Investment Management, LP | Reduced | -15.7m |
| OAKTREE CAPITAL MANAGEMENT LP | Sold out | -11.2m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -10.8m |
| Analog Century Management LP | Sold out | -10.5m |
| WT Asset Management Ltd | Sold out | -8.6m |
| AMERIPRISE FINANCIAL INC | Reduced | -6.2m |
Biggest calls
| JANE STREET GROUP, LLC | Added | $510.9m38.5m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $441.9m33.3m shares |
| CITADEL ADVISORS LLC | Added | $246.5m18.6m shares |
| IMC-Chicago, LLC | Added | $124.1m9.3m shares |
| CITIGROUP INC | New | $109.3m8.2m shares |
| GROUP ONE TRADING LLC | Added | $101.8m7.7m shares |
| Optiver Holding B.V. | Added | $93.2m7.0m shares |
| SIMPLEX TRADING, LLC | Added | $85.2m6.4m shares |
| PEAK6 LLC | Added | $58.7m4.4m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $48.1m3.6m shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $282.3m21.3m shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | $193.2m14.6m shares |
| CITADEL ADVISORS LLC | Added | $169.8m12.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $167.8m12.6m shares |
| GOLDMAN SACHS GROUP INC | New | $123.5m9.3m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $70.6m5.3m shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $45.2m34.0k shares |
| Squarepoint Ops LLC | Added | $41.6m3.1m shares |
| WELLS FARGO & COMPANY/MN | Added | $41.0m3.1m shares |
| IMC-Chicago, LLC | Added | $40.8m3.1m 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 since 1 Apr 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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| NVIDIA CORP 3.48% of their portfolio | 166.4m $2.2bn | Unchanged |
| FMR LLC 0.09% of their portfolio | 155.4m $2.1bn | Reduced -67.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.22% of their portfolio | 38.2m $506.9m | Reduced -3.7m |
| ALKEON CAPITAL MANAGEMENT LLC 1.84% of their portfolio | 36.0m $478.1m | New |
| MORGAN STANLEY 0.02% of their portfolio | 33.2m $441.0m | Added +17.2m |
| MARSHALL WACE, LLP 0.37% of their portfolio | 33.0m $438.5m | Added +23.0m |
| VOYA INVESTMENT MANAGEMENT LLC 0.31% of their portfolio | 27.3m $362.1m | Added +26.3m |
| Capital World Investors 0.04% of their portfolio | 25.6m $339.9m | New |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 25.5m $338.4m | Added +23.1m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.28% of their portfolio | 23.8m $315.5m | Added +15.9m |
| CITADEL ADVISORS LLC 0.15% of their portfolio | 20.3m $269.6m | Added +7.7m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 18.6m $247.5m | Added +4.9m |
| Turiya Advisors Asia Ltd 55.43% of their portfolio | 18.3m $243.6m | Added +254.1k |
| Clearbridge Investments, LLC 0.16% of their portfolio | 14.9m $197.6m | New |
| CAPSTONE INVESTMENT ADVISORS, LLC 1.35% of their portfolio | 14.6m $193.8m | New |
| JANE STREET GROUP, LLC 0.11% of their portfolio | 13.6m $180.4m | Added +200.1k |
| FOLKETRYGDFONDET 3.29% of their portfolio | 11.5m $152.4m | Reduced -2.0m |
| Thrivent Financial for Lutherans 0.25% of their portfolio | 11.4m $151.2m | Reduced -2.7m |
| BlackRock, Inc. 0.00% of their portfolio | 10.5m $139.8m | Added +100.3k |
| Point72 Asset Management, L.P. 0.21% of their portfolio | 10.2m $135.5m | Reduced -5.3m |
| UBS Group AG 0.02% of their portfolio | 9.1m $120.9m | Reduced -2.7m |
| ACADIAN ASSET MANAGEMENT LLC 0.14% of their portfolio | 8.9m $118.4m | Added +89.0k |
| Quadrature Capital Ltd 0.73% of their portfolio | 6.4m $84.8m | New |
| Penserra Capital Management LLC 0.65% of their portfolio | 6.4m $84.6m | Reduced -1.8m |
| Defiance ETFs, LLC 1.15% of their portfolio | 6.4m $82.3m | Reduced -2.1m |
| AXIOM INVESTORS LLC /DE 0.71% of their portfolio | 6.2m $81.7m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.58% of their portfolio | 6.1m $80.5m | Added +4.8m |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 5.7m $75.8m | Added +283.7k |
| SG Americas Securities, LLC 0.04% of their portfolio | 5.7m $75.4m | Added +5.5m |
| NOMURA HOLDINGS INC 0.31% of their portfolio | 5.6m $74.2m | Added +5.5m |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 5.4m $72.3m | Reduced -4.6m |
| PZENA INVESTMENT MANAGEMENT LLC 0.20% of their portfolio | 5.0m $66.5m | Reduced -58.4m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.8m $63.2m | Added +648.4k |
| ARGA Investment Management, LP 1.59% of their portfolio | 4.7m $62.4m | Reduced -15.7m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.07% of their portfolio | 4.6m $61.5m | Added +133.9k |
| BIT Capital GmbH 2.10% of their portfolio | 4.6m $61.3m | Added +1.2m |
| Panview Capital Ltd 10.37% of their portfolio | 4.4m $58.9m | Reduced -1.5m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 4.4m $58.6m | Reduced -1.6m |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 3.8m $50.5m | Added +1.7m |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 3.6m $46.3m | Added +3.5m |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 3.5m $46.8m | Added +3.4m |
| Ceredex Value Advisors LLC 1.23% of their portfolio | 3.3m $43.7m | Reduced -2.4m |
| Philosophy Capital Management LLC 4.02% of their portfolio | 3.1m $41.8m | Added +650.0k |
| Park West Asset Management LLC 2.72% of their portfolio | 3.0m $39.8m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.9m $38.9m | Reduced -6.2m |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 2.9m $38.8m | Reduced -3.8m |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 2.8m $37.2m | Reduced -384.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 2.8m $36.6m | Added +2.3m |
| Squarepoint Ops LLC 0.07% of their portfolio | 2.8m $36.6m | Added +1.9m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio | 2.7m $36.0m | New |
| Itau Unibanco Holding S.A. 0.71% of their portfolio | 2.7m $35.9m | New |
| NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio | 2.6m $34.8m | Added +2.3m |
| Clear Street Group Inc. 0.11% of their portfolio | 2.6m $34.8m | Added +2.5m |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 5.50% of their portfolio | 2.6m $34.2m | Added +2.0m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.6m $33.3m | Added +1.6m |
| THAMES CAPITAL MANAGEMENT LLC 2.79% of their portfolio | 2.6m $33.9m | New |
| Atreides Management, LP 0.30% of their portfolio | 2.5m $33.5m | Added +43.0k |
| Marex Group Ltd 0.25% of their portfolio | 2.5m $33.2m | Added +2.4m |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 2.5m $33.1m | Reduced -92.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 2.5m $32.8m | Reduced -10.8m |
| ATWOOD & PALMER INC 1.74% of their portfolio | 2.5m $32.6m | Reduced -3.5k |
| Freestone Grove Partners LP 0.20% of their portfolio | 2.3m $30.2m | Reduced -4.0m |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 2.2m $28.7m | Added +530.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.2m $28.7m | Added +423.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 2.2m $28.6m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 2.1m $28.5m | Added +1.7m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.1m $28.5m | Added +2.0m |
| Apis Capital Advisors, LLC 2.70% of their portfolio | 2.1m $27.7m | New |
| TSP Capital Management Group, LLC 6.53% of their portfolio | 2.1m $27.3m | New |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 2.0m $25.9m | Added +191.6k |
| Optiver Holding B.V. 0.36% of their portfolio | 1.9m $25.4m | New |
| Calamos Advisors LLC 0.09% of their portfolio | 1.9m $25.4m | Reduced -20.5k |
| Shannon River Fund Management LLC 2.26% of their portfolio | 1.9m $25.3m | New |
| Engineers Gate Manager LP 0.32% of their portfolio | 1.9m $24.8m | Added +300.8k |
| Irenic Capital Management LP 1.65% of their portfolio | 1.7m $23.0m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 1.7m $23.0m | Reduced -808.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.7m $22.6m | Reduced -639.2k |
| LPL Financial LLC 0.01% of their portfolio | 1.7m $22.5m | Added +1.4m |
| Portolan Capital Management, LLC 0.82% of their portfolio | 1.6m $21.9m | Reduced -748.2k |
| CANTOR FITZGERALD, L. P. 0.21% of their portfolio | 1.6m $21.2m | Added +1.4m |
| Hel Ved Capital Management Ltd 2.91% of their portfolio | 1.6m $20.7m | Added +1.1m |
| SEI INVESTMENTS CO 0.02% of their portfolio | 1.6m $20.6m | Reduced -4.6m |
| Verition Fund Management LLC 0.14% of their portfolio | 1.5m $20.3m | Reduced -434.6k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 1.5m $20.1m | Reduced -3.3m |
| ExodusPoint Capital Management, LP 0.18% of their portfolio | 1.5m $20.0m | Added +414.2k |
| TUDOR INVESTMENT CORP ET AL 0.08% of their portfolio | 1.5m $19.5m | Added +1.4m |
| Harvey Partners, LLC 1.34% of their portfolio | 1.5m $19.3m | Reduced -1.5m |
| Grand Alliance Asset Management Ltd 11.40% of their portfolio | 1.4m $19.0m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 1.4m $11.1m | Added +1.2m |
| Aquatic Capital Management LLC 0.62% of their portfolio | 1.4m $18.1m | New |
| Old West Investment Management, LLC 1.91% of their portfolio | 1.4m $18.1m | Reduced -178.9k |
| Azimuth Capital Investment Management LLC 0.61% of their portfolio | 1.4m $18.0m | Reduced -119.0k |
| Schonfeld Strategic Advisors LLC 0.09% of their portfolio | 1.3m $17.4m | Added +923.2k |
| Talos Eurisko Asset Management LP 2.45% of their portfolio | 1.3m $16.7m | Reduced -1.4m |
| Tairen Capital Ltd 1.43% of their portfolio | 1.2m $16.1m | New |
| Cable Car Capital, LP 0.64% of their portfolio | 1.1m $14.6m | New |
| SIMPLEX TRADING, LLC 0.37% of their portfolio | 1.1m $14.4m | New |
| SALT Holding Corp. 7.56% of their portfolio | 1.1m $14.3m | Unchanged |
| Henry James International Management Inc. 4.22% of their portfolio | 1.1m $14.1m | Reduced -106.6k |
| DV Trading LLC 1.15% of their portfolio | 1.0m $13.9m | Added +1.0m |