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 ($5.0m this quarter). Holder counts are more reliable. Shares outstanding: 60.7m as of 2025-08-01, 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 ≈ $83.43. Options: 10 managers hold calls ($210.0m notional), 11 hold puts ($42.9m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 284 |
| Q4 2022 | 291 |
| Q1 2023 | 288 |
| Q2 2023 | 291 |
| Q3 2023 | 285 |
| Q4 2023 | 279 |
| Q1 2024 | 288 |
| Q2 2024 | 281 |
| Q3 2024 | 283 |
| Q4 2024 | 316 |
| Q1 2025 | 329 |
| Q2 2025 | 327 |
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 2023 | 134 | 137 |
| Q4 2023 | 143 | 126 |
| Q1 2024 | 145 | 131 |
| Q2 2024 | 143 | 136 |
| Q3 2024 | 124 | 140 |
| Q4 2024 | 154 | 126 |
| Q1 2025 | 163 | 148 |
| Q2 2025 | 169 | 150 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $195.7m | $18.9m | 0.10 |
| Q4 2024 | $132.7m | $19.1m | 0.14 |
| Q1 2025 | $175.3m | $226.5k | 0.00 |
| Q2 2025 | $210.0m | $42.9m | 0.20 |
Biggest buyers
| GROUPAMA ASSET MANAGMENT | New | +500.0k |
| Migdal Insurance & Financial Holdings Ltd. | Added | +496.5k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +413.4k |
| Balyasny Asset Management L.P. | New | +218.6k |
| ROYAL BANK OF CANADA | Added | +177.9k |
| Driehaus Capital Management LLC | New | +158.4k |
| Man Group plc | Added | +146.2k |
| D. E. Shaw & Co., Inc. | Added | +119.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +115.0k |
| Invesco Ltd. | Added | +110.6k |
Biggest sellers
| UBS Group AG | Reduced | -355.5k |
| Van Berkom & Associates Inc. | Reduced | -238.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -236.8k |
| ORIX Corp | Reduced | -223.3k |
| Impax Asset Management Group plc | Reduced | -198.6k |
| LGT CAPITAL PARTNERS LTD. | Sold out | -161.9k |
| Global Alpha Capital Management Ltd. | Reduced | -159.7k |
| NORTHERN TRUST CORP | Reduced | -112.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -95.1k |
| Corebridge Financial, Inc. | Sold out | -91.4k |
Biggest calls
| UBS Group AG | Unchanged | $140.0m1.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $34.2m408.9k shares |
| Walleye Trading LLC | Added | $11.9m141.5k shares |
| GROUP ONE TRADING LLC | Added | $8.3m99.2k shares |
| CITADEL ADVISORS LLC | Added | $6.9m82.5k shares |
| PEAK6 LLC | Reduced | $6.6m79.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.6m19.4k shares |
| Walleye Capital LLC | New | $201.0k2.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $201.0k2.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $13.5m160.7k shares |
| GROUP ONE TRADING LLC | New | $8.7m103.5k shares |
| TWO SIGMA INVESTMENTS, LP | New | $7.8m93.5k shares |
| PEAK6 LLC | New | $3.4m40.0k shares |
| CITADEL ADVISORS LLC | Added | $3.4m40.0k shares |
| JANE STREET GROUP, LLC | New | $2.2m26.4k shares |
| IMC-Chicago, LLC | New | $1.9m22.7k shares |
| SIMPLEX TRADING, LLC | New | $1.2m14.8k shares |
| Walleye Trading LLC | Added | $628.2k7.5k shares |
| WOLVERINE TRADING, LLC | New | $277.7k3.3k 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 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.
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 2023 | 0 | — | 2 | $6.8m | $6.8m |
| Q4 2023 | 0 | — | 2 | $20.2k | — |
| Q1 2024 | 0 | — | 1 | $122.2k | — |
| Q2 2024 | 0 | — | 4 | $164.9k | — |
| Q3 2024 | 0 | — | 2 | $127.4k | — |
| Q4 2024 | 0 | — | 2 | $135.8k | — |
| Q1 2025 | 0 | — | 2 | $156.4k | — |
| Q2 2025 | 0 | — | 7 | $1.3m | $47.2k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-27 | Wong Byron G. Director | Sold | $38.7k460 shares |
| 2025-06-24 | Benyosef Ofer EVP - Energy Storage & BD | Sold | $737.8k8.5k shares |
| 2025-06-20 | SHARIR DAFNA Director | Sold | $137.1k1.6k shares |
| 2025-06-20 | STERN STANLEY Director | Sold | $46.8k547 shares |
| 2025-06-18 | Granot David Director | Sold | $91.1k1.1k shares |
| 2025-06-18 | Woelfel Jessica GC, CCO, and CS | Sold plan | $47.2k564 shares |
| 2025-05-29 | Marom Michal Director | Sold | $65.8k895 shares |
| 2025-05-19 | SHARIR DAFNA Director | Sold | $65.7k876 shares |
| 2025-05-13 | Granot David Director | Sold | $69.4k950 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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 8.8m $736.7m | Reduced -65.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.0m $504.9m | Added +75.8k |
| ORIX Corp 100.00% of their portfolio | 2.8m $230.6m | Reduced -223.3k |
| STATE STREET CORP 0.01% of their portfolio | 2.4m $202.5m | Added +95.9k |
| Clal Insurance Enterprises Holdings Ltd 1.79% of their portfolio | 2.2m $181.6m | Reduced -77.0k |
| Global Alpha Capital Management Ltd. 10.83% of their portfolio | 2.1m $173.7m | Reduced -159.7k |
| Impax Asset Management Group plc 0.97% of their portfolio | 2.0m $168.3m | Reduced -198.6k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.8m $154.4m | Reduced -46.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.5m $122.9m | Added +48.0k |
| NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio | 1.4m $118.6m | Added +18.5k |
| Amundi 0.04% of their portfolio | 1.4m $103.3m | Reduced -25.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 1.1m $89.9m | Added +413.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.1m $88.0m | Added +84.0k |
| Van Berkom & Associates Inc. 2.60% of their portfolio | 1.0m $87.3m | Reduced -238.0k |
| Migdal Insurance & Financial Holdings Ltd. 0.49% of their portfolio | 993.1k $83.2m | Added +496.5k |
| Harel Insurance Investments & Financial Services Ltd. 0.83% of their portfolio | 865.3k $72.5m | Reduced -91.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 737.1k $61.7m | Reduced -112.9k |
| NORGES BANK 0.01% of their portfolio | 674.0k $56.5m | Added +57.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 626.1k $52.4m | Added +5.4k |
| Legal & General Group Plc 0.01% of their portfolio | 589.6k $49.4m | Added +8.6k |
| UBS Group AG 0.01% of their portfolio | 575.5k $48.2m | Reduced -355.5k |
| Y.D. More Investments Ltd 3.24% of their portfolio | 571.5k $47.1m | Added +21.1k |
| GROUPAMA ASSET MANAGMENT 0.01% of their portfolio | 500.0k $557.9k | New |
| VAN ECK ASSOCIATES CORP 0.05% of their portfolio | 477.9k $40.0m | Added +69.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 476.3k $39.9m | Added +24.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 386.5k $32.4m | Reduced -236.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 369.7k $31.0m | Added +52.5k |
| Handelsbanken Fonder AB 0.10% of their portfolio | 351.2k $29.4m | Added +92.0k |
| Invesco Ltd. 0.00% of their portfolio | 337.9k $28.3m | Added +110.6k |
| MORGAN STANLEY 0.00% of their portfolio | 304.9k $25.5m | Added +15.4k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 294.1k $24.6m | Added +17.5k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.62% of their portfolio | 276.7k $23.2m | Reduced -12.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.07% of their portfolio | 272.9k $22.9m | Reduced -2.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 270.5k $22.7m | Added +36.0k |
| Man Group plc 0.05% of their portfolio | 257.7k $21.6m | Added +146.2k |
| Erste Asset Management GmbH 0.18% of their portfolio | 254.0k $21.4m | Added +21.4k |
| Nuveen, LLC 0.01% of their portfolio | 253.5k $21.2m | Added +49.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 248.3k $20.8m | Added +81.4k |
| Empower Advisory Group, LLC 0.06% of their portfolio | 224.1k $18.8m | Added +8.7k |
| Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 2.89% of their portfolio | 223.9k $18.8m | Unchanged |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 218.6k $18.3m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 212.4k $17.8m | Added +39.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 202.7k $17.0m | Added +177.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 202.1k $16.9m | Added +74.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 196.3k $16.4m | Added +6.7k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 193.0k $16.2m | Added +31.0k |
| JUPITER ASSET MANAGEMENT LTD 0.13% of their portfolio | 185.8k $15.6m | Reduced -3.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 175.9k $14.7m | Added +119.5k |
| MIZUHO MARKETS AMERICAS LLC 0.45% of their portfolio | 162.6k $13.6m | Added +4.0k |
| Driehaus Capital Management LLC 0.11% of their portfolio | 158.4k $13.3m | New |
| Guinness Asset Management LTD 0.22% of their portfolio | 145.6k $12.2m | Reduced -49.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.04% of their portfolio | 144.3k $12.1m | Reduced -25.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 132.4k $11.1m | Reduced -783 |
| BARCLAYS PLC 0.00% of their portfolio | 125.6k $10.5m | Added +41.9k |
| RWC Asset Management LLP 0.55% of their portfolio | 125.0k $10.5m | Reduced -1.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 121.2k $10.2m | Added +14.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 115.0k $9.6m | New |
| Swiss National Bank 0.01% of their portfolio | 109.9k $9.2m | Reduced -1.4k |
| Yelin Lapidot Holdings Management Ltd. 1.62% of their portfolio | 106.2k $8.9m | Unchanged |
| KBC Group NV 0.02% of their portfolio | 104.5k $8.8m | Added +38.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 101.7k $8.5m | Added +18.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 100.3k $8.4m | Reduced -8.3k |
| Phoenix Financial Ltd. 0.11% of their portfolio | 98.5k $8.2m | Added +61.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 98.1k $8.2m | Reduced -95.1k |
| GABELLI FUNDS LLC 0.06% of their portfolio | 96.0k $8.0m | Unchanged |
| AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD 2.99% of their portfolio | 94.5k $7.9m | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 92.0k $7.7m | Reduced -11.8k |
| CITIGROUP INC 0.01% of their portfolio | 91.7k $7.7m | Reduced -565 |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 90.4k $7.6m | Added +77.3k |
| KLP KAPITALFORVALTNING AS 0.03% of their portfolio | 89.9k $7.5m | Reduced -1.2k |
| Candriam S.C.A. 0.04% of their portfolio | 86.6k $7.3m | Reduced -64.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 85.3k $7.1m | Added +10.4k |
| GAMCO INVESTORS, INC. ET AL 0.07% of their portfolio | 82.7k $6.9m | Reduced -300 |
| SPHERA FUNDS MANAGEMENT LTD. 1.71% of their portfolio | 78.0k $6.5m | Reduced -6.0k |
| Retirement Systems of Alabama 0.02% of their portfolio | 70.4k $5.9m | Added +489 |
| MetLife Investment Management, LLC 0.03% of their portfolio | 66.4k $5.6m | Added +1.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 65.3k $5.5m | Reduced -1.6k |
| FMR LLC 0.00% of their portfolio | 65.0k $5.4m | Reduced -1.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 62.0k $5.2m | Reduced -3.9k |
| Raiffeisen Bank International AG 0.08% of their portfolio | 61.5k $5.2m | Reduced -2.5k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 61.4k $5.1m | Reduced -87.4k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 61.0k $5.1m | Added +30.4k |
| Capitolis Liquid Global Markets LLC 0.04% of their portfolio | 60.0k $5.0m | New |
| ALPS ADVISORS INC 0.03% of their portfolio | 58.9k $4.9m | Reduced -3.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 57.5k $4.8m | Added +200 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 56.0k $4.7m | Reduced -3.1k |
| Roubaix Capital, LLC 2.18% of their portfolio | 54.4k $4.6m | Reduced -16.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 53.3k $4.5m | Reduced -890 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 51.3k $4.3m | Added +5.8k |
| GROUP ONE TRADING LLC 0.14% of their portfolio | 50.8k $4.3m | Added +50.5k |
| Northwest & Ethical Investments L.P. 0.10% of their portfolio | 50.4k $4.2m | Added +794 |
| Tidal Investments LLC 0.03% of their portfolio | 49.1k $4.1m | Added +15.5k |
| Swedbank AB 0.00% of their portfolio | 46.9k $3.9m | First filing |
| Leonteq Securities AG 0.21% of their portfolio | 42.3k $3.5m | Reduced -2.0k |
| Walleye Trading LLC 0.08% of their portfolio | 40.2k $3.4m | Added +18.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 40.2k $3.4m | Unchanged |
| SHELTON CAPITAL MANAGEMENT 0.07% of their portfolio | 37.3k $3.1m | Reduced -17.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 37.0k $3.1m | Reduced -2.3k |
| Bridge Creek Capital Management LLC 0.90% of their portfolio | 36.7k $3.1m | Added +90 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 36.4k $3.1m | Reduced -428 |