ORMAT TECHNOLOGIES INC ORA
COM · Common Stock · CUSIP 686688102 · ISIN US6866881021
Israeli American public energy 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 ($808.1k this quarter). Holder counts are more reliable. Shares outstanding: 60.3m as of 2023-08-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $80.39. Options: 10 managers hold calls ($13.5m notional), 14 hold puts ($25.7m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 284 |
| Q4 2022 | 291 |
| Q1 2023 | 288 |
| Q2 2023 | 291 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 154 | 119 |
| Q1 2023 | 159 | 112 |
| Q2 2023 | 138 | 133 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $56.3m | $89.4m | 1.59 |
| Q4 2022 | $52.2m | $68.5m | 1.31 |
| Q1 2023 | $29.8m | $54.4m | 1.83 |
| Q2 2023 | $13.5m | $25.7m | 1.90 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +744.8k |
| BlackRock Inc. | Added | +565.3k |
| MEITAV INVESTMENT HOUSE LTD | Added | +407.0k |
| JPMORGAN CHASE & CO | Added | +160.2k |
| Assenagon Asset Management S.A. | Added | +118.0k |
| Amundi | Added | +82.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +68.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +58.9k |
| MORGAN STANLEY | Added | +58.7k |
| SHELTON CAPITAL MANAGEMENT | Added | +50.0k |
Biggest sellers
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -247.5k |
| MARSHALL WACE, LLP | Reduced | -231.5k |
| Harel Insurance Investments & Financial Services Ltd. | Reduced | -212.0k |
| CITADEL ADVISORS LLC | Reduced | -202.5k |
| CAAS CAPITAL MANAGEMENT LP | Sold out | -131.3k |
| LGT CAPITAL PARTNERS LTD. | Reduced | -107.4k |
| Mizuho Markets Cayman LP | Sold out | -94.5k |
| MIZUHO MARKETS AMERICAS LLC | Sold out | -94.5k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -82.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -73.0k |
Biggest calls
| BANK OF AMERICA CORP /DE/ | Reduced | $8.2m102.3k shares |
| Squarepoint Ops LLC | New | $1.5m19.1k shares |
| CITADEL ADVISORS LLC | Reduced | $1.2m15.3k shares |
| Walleye Trading LLC | Added | $1.1m14.0k shares |
| Twin Tree Management, LP | Unchanged | $514.9k6.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $466.7k5.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $279.2k3.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $112.0k1.4k shares |
| GROUP ONE TRADING LLC | Reduced | $8.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Portman Square Capital LLP | Reduced | $11.6m144.5k shares |
| Squarepoint Ops LLC | Added | $2.8m35.1k shares |
| GROUP ONE TRADING LLC | Unchanged | $2.8m35.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.6m32.7k shares |
| CITADEL ADVISORS LLC | Reduced | $2.5m31.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.1m14.2k shares |
| JANE STREET GROUP, LLC | Reduced | $635.6k7.9k shares |
| Chanos & Co LP | Reduced | $563.2k7.0k shares |
| Walleye Capital LLC | Reduced | $442.5k5.5k shares |
| TWO SIGMA SECURITIES, LLC | Added | $233.3k2.9k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -2.3 pts · filed 2026-07-29 | 12.5% |
| Harel Insurance Investments & Financial Services Ltd. 13G · passive investor +2.1 pts · filed 2026-07-29 | 7.1% |
| Migdal Insurance & Financial Holdings Ltd. 13G · passive investor +1.0 pts · filed 2026-07-23 | 6.0% |
| Phoenix Financial Ltd. 13G · passive investor new · filed 2026-09-16 | 5.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 5 | $771.6k | — |
| Q1 2022 | 0 | — | 2 | $627.4k | — |
| Q2 2022 | 0 | — | 3 | $5.9m | — |
| Q3 2022 | 0 | — | 4 | $1.4m | — |
| Q4 2022 | 0 | — | 5 | $2.0m | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 1 | $162.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-19 | STERN STANLEY Director | Sold | $162.0k1.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 9.1m $731.7m | Added +565.3k |
| ORIX Corp 100.00% of their portfolio | 6.7m $537.2m | Unchanged |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.2m $421.9m | Added +33.0k |
| Clal Insurance Enterprises Holdings Ltd 2.22% of their portfolio | 2.3m $186.1m | Reduced -5.8k |
| Amundi 0.08% of their portfolio | 2.1m $165.4m | Added +82.8k |
| Impax Asset Management Group plc 0.66% of their portfolio | 2.1m $164.3m | Reduced -67.2k |
| Global Alpha Capital Management Ltd. 14.99% of their portfolio | 2.0m $160.1m | Reduced -11.5k |
| STATE STREET CORP 0.01% of their portfolio | 1.9m $151.0m | Reduced -70.3k |
| MEITAV INVESTMENT HOUSE LTD 0.87% of their portfolio | 1.3m $108.3m | Added +407.0k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.2m $99.9m | Reduced -28.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.2m $96.3m | Added +744.8k |
| Migdal Insurance & Financial Holdings Ltd. 2.09% of their portfolio | 1.1m $90.4m | Reduced -15.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $85.7m | Added +58.9k |
| NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio | 1.0m $83.8m | Added +3.3k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 876.5k $70.5m | Reduced -24.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 833.4k $67.1m | Added +38.7k |
| Van Berkom & Associates Inc. 2.29% of their portfolio | 784.8k $63.1m | Added +10.1k |
| Invesco Ltd. 0.01% of their portfolio | 566.1k $45.5m | Reduced -8.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 547.2k $44.0m | Added +5.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 505.8k $40.7m | Added +4.2k |
| Guinness Asset Management LTD 0.92% of their portfolio | 490.3k $39.4m | Added +9.4k |
| NORGES BANK 0.01% of their portfolio | 477.2k $38.4m | Reduced -55.6k |
| VAN ECK ASSOCIATES CORP 0.08% of their portfolio | 460.6k $37.1m | Reduced -17.8k |
| Handelsbanken Fonder AB 0.19% of their portfolio | 447.9k $36.0m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 442.0k $35.6m | Added +160.2k |
| MORGAN STANLEY 0.00% of their portfolio | 421.5k $33.9m | Added +58.7k |
| LGT CAPITAL PARTNERS LTD. 1.09% of their portfolio | 391.1k $31.5m | Reduced -107.4k |
| Legal & General Group Plc 0.01% of their portfolio | 386.2k $31.1m | Added +19.6k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 335.4k $27.0m | Reduced -20.5k |
| STOREBRAND ASSET MANAGEMENT AS 0.12% of their portfolio | 327.1k $26.3m | Added +5.5k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 325.5k $26.2m | Added +7.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 322.5k $25.9m | Reduced -247.5k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.72% of their portfolio | 317.8k $25.6m | Reduced -6.0k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 307.1k $24.7m | Added +41.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 264.6k $21.3m | Added +68.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 241.6k $19.4m | Added +5.0k |
| ALPS ADVISORS INC 0.15% of their portfolio | 217.5k $17.5m | Added +7.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 199.5k $16.0m | Reduced -8.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 198.7k $16.0m | Added +40.2k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 191.9k $15.4m | Added +23.6k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 170.0k $14.6m | Added +16.0k |
| UniSuper Management Pty Ltd 0.15% of their portfolio | 168.5k $13.6m | First filing |
| Empower Advisory Group, LLC 0.06% of their portfolio | 166.6k $13.4m | Added +4.4k |
| Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 1.01% of their portfolio | 142.4k $11.5m | Unchanged |
| JUPITER ASSET MANAGEMENT LTD 0.12% of their portfolio | 140.2k $11.3m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 128.5k $10.3m | Added +12.3k |
| SHELTON CAPITAL MANAGEMENT 0.36% of their portfolio | 124.4k $10.0m | Added +50.0k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 123.4k $9.9m | Reduced -231.5k |
| Swedbank AB 0.02% of their portfolio | 121.9k $9.8m | Reduced -14.3k |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 121.4k $9.8m | Added +118.0k |
| Swiss National Bank 0.01% of their portfolio | 116.9k $9.4m | Added +20.2k |
| Beck Bode, LLC 2.25% of their portfolio | 115.0k $9.2m | Added +10.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 114.4k $9.2m | Added +34.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 110.9k $8.9m | Added +21.8k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 104.5k $8.4m | Reduced -1.2k |
| Erste Asset Management GmbH 0.15% of their portfolio | 104.2k $8.3m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 100.5k $8.1m | Added +653 |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 100.4k $8.1m | Added +1.9k |
| GABELLI FUNDS LLC 0.06% of their portfolio | 96.5k $7.8m | Unchanged |
| Ausbil Investment Management Ltd 4.71% of their portfolio | 94.2k $7.6m | Added +10.7k |
| KBC Group NV 0.03% of their portfolio | 91.5k $7.4m | Unchanged |
| GAMCO INVESTORS, INC. ET AL 0.07% of their portfolio | 83.8k $6.7m | Reduced -400 |
| BARCLAYS PLC 0.00% of their portfolio | 79.1k $6.4m | Added +36.0k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 70.7k $5.7m | Added +25.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 70.1k $5.6m | Reduced -4.9k |
| Retirement Systems of Alabama 0.02% of their portfolio | 67.7k $5.4m | Reduced -1.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 65.1k $5.2m | Added +6.2k |
| CITIGROUP INC 0.01% of their portfolio | 65.0k $5.2m | Added +14.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 62.7k $5.0m | Reduced -2.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 58.8k $4.7m | Added +3.5k |
| MetLife Investment Management, LLC 0.03% of their portfolio | 58.6k $4.7m | Added +126 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 55.9k $4.7m | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.16% of their portfolio | 55.2k $4.4m | Reduced -7.5k |
| FMR LLC 0.00% of their portfolio | 54.6k $4.4m | Reduced -58.1k |
| Altshuler Shaham Ltd 0.08% of their portfolio | 54.0k $4.4m | Reduced -6.9k |
| ExodusPoint Capital Management, LP 0.05% of their portfolio | 52.9k $4.3m | Added +13.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 52.7k $4.2m | Added +37.6k |
| AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD 0.01% of their portfolio | 48.3k $38.9k | Unchanged |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 47.8k $3.8m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 47.3k $3.8m | Reduced -2.2k |
| NICOLA WEALTH MANAGEMENT LTD. 0.37% of their portfolio | 47.0k $3.8m | Reduced -5.0k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 47.0k $3.8m | Reduced -2.9k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio | 46.3k $3.7m | Reduced -812 |
| Trexquant Investment LP 0.09% of their portfolio | 43.3k $3.5m | Added +6.4k |
| ELEMENT CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 38.4k $3.1m | New |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 38.1k $3.1m | Reduced -4.1k |
| Y.D. More Investments Ltd 0.70% of their portfolio | 37.6k $3.0m | Reduced -4.2k |
| Leonteq Securities AG 0.30% of their portfolio | 36.5k $2.9m | Added +286 |
| EAGLE GLOBAL ADVISORS LLC 0.19% of their portfolio | 36.2k $2.9m | Reduced -26.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 35.2k $2.8m | Added +12.9k |
| Bridge Creek Capital Management LLC 1.00% of their portfolio | 34.8k $2.8m | Reduced -132 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 34.1k $2.7m | Reduced -200 |
| AMALGAMATED BANK 0.02% of their portfolio | 33.4k $2.7m | Reduced -1.1k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 31.5k $2.5m | First filing |
| Federation des caisses Desjardins du Quebec 0.02% of their portfolio | 29.5k $2.4m | Added +3.4k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 28.2k $2.3m | Added +2.0k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 26.9k $2.2m | Reduced -82.1k |
| MARTINGALE ASSET MANAGEMENT L P 0.04% of their portfolio | 26.3k $2.1m | Added +300 |
| Quantbot Technologies LP 0.14% of their portfolio | 26.1k $2.1m | Reduced -7.3k |
| Jump Financial, LLC 0.08% of their portfolio | 26.1k $2.1m | New |