Vault-13

QURATE RETAIL INC

COM SER A · CUSIP 74915M100

237 institutional holders -19 vs Q1 2023
281,325,617281.3m shares reported held*
$278.8mreported value*
36 new 51 added 82 reduced 60 sold out net sold ≈ $23.6m (-23.0m 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.99. Options: 9 managers hold calls ($357.0k notional), 9 hold puts ($2.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 297Q4 22: 292Q1 23: 256Q2 23: 237237Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022297
Q4 2022292
Q1 2023256
Q2 2023237

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 119 bought or addedQ4 22: 142 cut or sold outQ4 22Q1 23: 118 bought or addedQ1 23: 132 cut or sold outQ1 23Q2 23: 87 bought or addedQ2 23: 142 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022119142
Q1 2023118132
Q2 202387142

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 22 calls: $2.1mQ3 22 puts: $1.3mQ3 22P/C 0.62Q4 22 calls: $1.5mQ4 22 puts: $1.3mQ4 22P/C 0.92Q1 23 calls: $352.2kQ1 23 puts: $705.0kQ1 23P/C 2.00Q2 23 calls: $357.0kQ2 23 puts: $2.7mQ2 23P/C 7.50
Numbers
QuarterCallsPutsP/C
Q3 2022$2.1m$1.3m0.62
Q4 2022$1.5m$1.3m0.92
Q1 2023$352.2k$705.0k2.00
Q2 2023$357.0k$2.7m7.50

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +5,411,782+5.4m
Bracebridge Capital, LLC New +5,054,700+5.1m
CITADEL ADVISORS LLC Added +4,306,555+4.3m
FPR PARTNERS LLC Added +2,300,000+2.3m
GSA CAPITAL PARTNERS LLP New +1,835,325+1.8m
ProShare Advisors LLC Added +1,723,471+1.7m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +1,599,198+1.6m
D. E. Shaw & Co., Inc. Added +1,550,113+1.6m
Scion Asset Management, LLC New +1,500,000+1.5m
Cubist Systematic Strategies, LLC Added +1,437,661+1.4m

Biggest sellers

BlackRock Inc. Reduced -17,580,461-17.6m
STATE STREET CORP Reduced -10,387,712-10.4m
VANGUARD GROUP INC Reduced -4,471,598-4.5m
GEODE CAPITAL MANAGEMENT, LLC Reduced -3,255,548-3.3m
NORTHERN TRUST CORP Reduced -2,287,039-2.3m
AQR CAPITAL MANAGEMENT LLC Reduced -1,686,714-1.7m
THOMPSON SIEGEL & WALMSLEY LLC Reduced -1,685,549-1.7m
STRS OHIO Sold out -1,504,800-1.5m
ARISTEIA CAPITAL, L.L.C. Sold out -1,500,000-1.5m
Squarepoint Ops LLC Sold out -1,338,588-1.3m

Biggest calls

WOLVERINE TRADING, LLC Added $207.7k205.6k shares
JANE STREET GROUP, LLC Added $54.2k54.8k shares
SIMPLEX TRADING, LLC Added $30.0k31.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $29.4k29.7k shares
CITADEL ADVISORS LLC Reduced $11.9k12.0k shares
GROUP ONE TRADING LLC Reduced $11.3k11.4k shares
HAP Trading, LLC Added $6.5k51.3k shares
Walleye Trading LLC Unchanged $6.0k6.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

GROUP ONE TRADING LLC Added $1.1m1.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $518.3k523.5k shares
CITADEL ADVISORS LLC Added $381.5k385.4k shares
JANE STREET GROUP, LLC Added $317.7k321.0k shares
SIMPLEX TRADING, LLC Added $281.0k284.8k shares
WOLVERINE TRADING, LLC Added $41.7k41.3k shares
Walleye Trading LLC Reduced $34.8k35.2k shares
Cutler Group LLC / CA Reduced $8.0k9.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

HolderStakeChangeShares Last filed
Contrarius Investment Management Ltd 13G · institution -0.2 pts · filed 2025-05-12 8.9% -0.2 pts 35.1m 2025-05-12
FPR PARTNERS LLC 13G · institution filed 2025-05-14 5.8% 22.9m 2025-05-14

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 35,479,85335.5m $35.1m $35.1m 0.00% Reduced -4.5m -4,471,598
2 Contrarius Investment Management Ltd 1.89% of their portfolio St. Helier, Y9 35,413,52335.4m $35.1m $35.1m 1.89% Reduced -921.1k -921,132
3 FPR PARTNERS LLC 1.35% of their portfolio SAN FRANCISCO, CA 28,199,30228.2m $27.9m $27.9m 1.35% Added +2.3m +2,300,000
4 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 16,978,97917.0m $16.8m $16.8m 0.01% Reduced -322.6k -322,636
5 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 15,336,92015.3m $15.2m $15.2m 0.02% Added +1.6m +1,550,113
6 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 8,168,3388.2m $8.1m $8.1m 0.02% Added +516.4k +516,398
7 Kiltearn Partners LLP 0.57% of their portfolio Edinburgh, X0 7,893,9007.9m $7.8m $7.8m 0.57% Reduced -259.3k -259,300
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 7,802,7917.8m $7.7m $7.7m 0.00% Added +1.6m +1,599,198
9 BlackRock Inc. 0.00% of their portfolio New York, NY 7,780,2767.8m $7.7m $7.7m 0.00% Reduced -17.6m -17,580,461
10 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 7,634,1617.6m $7.6m $7.6m 0.02% Added +197.7k +197,700
11 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 6,169,9916.2m $6.1m $6.1m 0.01% Added +5.4m +5,411,782
12 Bracebridge Capital, LLC 3.99% of their portfolio BOSTON, MA 5,054,7005.1m $5.0m $5.0m 3.99% New
13 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 4,985,4895.0m $4.9m $4.9m 0.01% Added +4.3m +4,306,555
14 Minneapolis Portfolio Management Group, LLC 0.65% of their portfolio Wayzata, MN 4,972,0105.0m $4.9m $4.9m 0.65% Reduced -7.1k -7,052
15 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 4,817,4004.8m $4.8m $4.8m 0.01% Reduced -555.9k -555,900
16 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 4,723,9914.7m $4.7m $4.7m 0.01% Reduced -58.5k -58,523
17 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 4,378,4614.4m $4.3m $4.3m 0.01% Added +367.8k +367,817
18 Permit Capital, LLC 1.51% of their portfolio WEST CONSHOHOCKEN, PA 4,098,5854.1m $4.1m $4.1m 1.51% Unchanged
19 ProShare Advisors LLC 0.01% of their portfolio BETHESDA, MD 3,631,6333.6m $3.6m $3.6m 0.01% Added +1.7m +1,723,471
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,534,5393.5m $3.5m $3.5m 0.00% Reduced -10.4m -10,387,712
21 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,526,0883.5m $3.5m $3.5m 0.00% Reduced -3.3m -3,255,548
22 BRIGADE CAPITAL MANAGEMENT, LP 2.61% of their portfolio NEW YORK, NY 2,917,5782.9m $2.9m $2.9m 2.61% Unchanged
23 NORGES BANK 0.00% of their portfolio OSLO, Q8 2,807,9762.8m $2.8m $2.8m 0.00% Reduced -400.4k -400,412
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,093,5322.1m $2.1m $2.1m 0.00% Added +191.6k +191,573
25 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 2,027,0722.0m $2.0m $2.0m 0.00% Reduced -2.3m -2,287,039
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,975,7782.0m $2.0m $2.0m 0.00% Added +1.1m +1,054,317
27 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,945,5991.9m $1.9m $1.9m 0.00% Reduced -75.6k -75,614
28 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 1,925,4201.9m $1.9m $1.9m 0.00% Reduced -1.7m -1,686,714
29 GSA CAPITAL PARTNERS LLP 0.18% of their portfolio LONDON, X0 1,835,3251.8m $1.8m $1.8m 0.18% New
30 INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 0.62% of their portfolio GREENWOOD VILLAGE, CO 1,715,9241.7m $1.7m $1.7m 0.62% Added +46.0k +45,993
31 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 1,509,7881.5m $1.5m $1.5m 0.02% Added +1.4m +1,437,661
32 Scion Asset Management, LLC 1.33% of their portfolio Saratoga, CA 1,500,0001.5m $1.5m $1.5m 1.33% New
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,483,9151.5m $1.5m $1.5m 0.00% Added +103.4k +103,403
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 1,450,3131.5m $1.4m $1.4m 0.00% Added +733.5k +733,459
35 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,449,3691.4m $1.4m $1.4m 0.00% Reduced -1.1m -1,114,479
36 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 1,413,8381.4m $1.4m $1.4m 0.01% Reduced -67.0k -66,955
37 LONE PEAK GLOBAL INVESTORS LLC 0.39% of their portfolio ALPINE, UT 1,356,6101.4m $1.3m $1.3m 0.39% Reduced -101.0k -101,019
38 WITTENBERG INVESTMENT MANAGEMENT, INC. 0.48% of their portfolio CARLISLE, MA 1,330,8071.3m $1.3m $1.3m 0.48% Reduced -44.6k -44,592
39 RBF Capital, LLC 0.08% of their portfolio RENO, NV 1,300,0001.3m $1.3m $1.3m 0.08% New
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,242,4571.2m $1.2m $1.2m 0.00% Reduced -936.5k -936,455
41 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,198,6591.2m $1.2m $1.2m 0.00% Added +914.2k +914,221
42 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,168,6701.2m $1.2m $1.2m 0.00% Reduced -69.6k -69,593
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,143,6431.1m $1.1m $1.1m 0.00% Added +615.2k +615,226
44 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 1,129,5721.1m $1.1m $1.1m 0.00% Added +18.4k +18,441
45 ALGERT GLOBAL LLC 0.04% of their portfolio SAN FRANCISCO, CA 1,023,3051.0m $1.0m $1.0m 0.04% Reduced -195.1k -195,050
46 GROUP ONE TRADING LLC 0.04% of their portfolio CHICAGO, IL 899,108899.1k $889.9k $889.9k 0.04% Added +806.8k +806,770
47 Graham Capital Management, L.P. 0.03% of their portfolio ROWAYTON, CT 868,974869.0k $860.1k $860.1k 0.03% Added +457.0k +457,015
48 STALEY CAPITAL ADVISERS INC 0.04% of their portfolio PITTSBURGH, PA 800,000800.0k $791.8k $791.8k 0.04% Reduced -500.0k -500,000
49 AXA S.A. 0.00% of their portfolio PARIS, I0 775,400775.4k $767.5k $767.5k 0.00% New
50 Swiss National Bank 0.00% of their portfolio ZURICH, V8 766,500766.5k $758.7k $758.7k 0.00% Unchanged
51 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 738,410738.4k $730.9k $730.9k 0.00% Reduced -7.8k -7,778
52 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 690,464690.5k $683.4k $683.4k 0.00% New
53 Legal & General Group Plc 0.00% of their portfolio London, X0 634,700634.7k $628.2k $628.2k 0.00% Reduced -72.2k -72,209
54 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 611,573611.6k $604.1k $604.1k 0.00% Unchanged
55 Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio TOKYO, M0 588,070588.1k $582.1k $582.1k 0.00% Reduced -58.7k -58,722
56 Point72 Middle East FZE 0.03% of their portfolio DUBAI, C0 577,436577.4k $571.5k $571.5k 0.03% Added +555.9k +555,879
57 Man Group plc 0.00% of their portfolio LONDON, X0 577,344577.3k $571.5k $571.5k 0.00% New
58 GAMCO INVESTORS, INC. ET AL 0.01% of their portfolio GREENWICH, CT 553,048553.0k $547.4k $547.4k 0.01% Added +19.1k +19,109
59 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 544,181544.2k $539.0k $539.0k 0.00% New
60 TWINBEECH CAPITAL LP 0.01% of their portfolio PURCHASE, NY 535,331535.3k $529.9k $529.9k 0.01% Added +236.6k +236,625
61 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 491,329491.3k $486.3k $486.3k 0.00% Added +77.5k +77,473
62 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 484,551484.6k $479.6k $479.6k 0.00% Reduced -1.1m -1,121,250
63 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 447,663447.7k $441.0k $441.0k 0.00% New
64 OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio NEW YORK, NY 430,718430.7k $426.3k $426.3k 0.01% Reduced -2.7k -2,697
65 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 418,255418.3k $414.0k $414.0k 0.00% New
66 Hall Kathryn A. 0.13% of their portfolio SAN FRANCISCO, CA 394,036394.0k $390.1k $390.1k 0.13% Unchanged
67 TOWNSQUARE CAPITAL LLC 0.01% of their portfolio Lehi, UT 364,281364.3k $360.6k $360.6k 0.01% Added +32.2k +32,178
68 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 362,682362.7k $359.0k $359.0k 0.00% Reduced -110.0k -109,975
69 Ergoteles LLC 0.02% of their portfolio NEW YORK, NY 346,300346.3k $342.8k $342.8k 0.02% New
70 Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio HONG KONG, K3 343,245343.2k $339.7k $339.7k 0.04% New
71 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 328,908328.9k $325.6k $325.6k 0.01% Reduced -73.4k -73,447
72 AIRE ADVISORS, LLC 0.09% of their portfolio BEVERLY HILLS, CA 327,000327.0k $323.7k $323.7k 0.09% Unchanged
73 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 312,540312.5k $309.4k $309.4k 0.00% Reduced -16.6k -16,612
74 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 311,975312.0k $308.8k $308.8k 0.00% Reduced -18.2k -18,175
75 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 311,886311.9k $309.0k $309.0k 0.00% Reduced -14.4k -14,403
76 Virtu Financial LLC 0.02% of their portfolio New York, NY 305,614305.6k $302.0k $302.0k 0.02% Added +273.3k +273,258
77 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 297,915297.9k $294.9k $294.9k 0.00% Reduced -62.5k -62,526
78 MIRABELLA FINANCIAL SERVICES LLP 0.03% of their portfolio London, X0 277,181277.2k $274.4k $274.4k 0.03% New
79 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 251,568251.6k $249.0k $249.0k 0.01% New
80 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 236,963237.0k $234.5k $234.5k 0.00% Added +12.0k +11,978
81 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 233,025233.0k $230.6k $230.6k 0.00% Reduced -45.0k -44,998
82 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 225,347225.3k $223.0k $223.0k 0.00% Reduced -99.6k -99,609
83 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 211,489211.5k $209.3k $209.3k 0.00% Added +5.9k +5,863
84 Summit Trail Advisors, LLC 0.01% of their portfolio NEW YORK, NY 200,000200.0k $198.0k $198.0k 0.01% New
85 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 195,222195.2k $193.2k $193.2k 0.00% Reduced -7.2k -7,175
86 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 181,295181.3k $179.4k $179.4k 0.00% Added +80.5k +80,502
87 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 173,000173.0k $171.2k $171.2k 0.00% Reduced -26.0k -26,000
88 Nine27 Capital Management, LP 0.11% of their portfolio New York, NY 172,232172.2k $170.5k $170.5k 0.11% New
89 Laurion Capital Management LP 0.01% of their portfolio NEW YORK, NY 165,307165.3k $163.6k $163.6k 0.01% New
90 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 164,417164.4k $162.0k $162.0k 0.01% Added +133.3k +133,322
91 Miramar Capital, LLC 0.04% of their portfolio NORTHBROOK, IL 160,000160.0k $158.4k $158.4k 0.04% Unchanged
92 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 154,740154.7k $154.0k $154.0k 0.00% Reduced -73.4k -73,381
93 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 153,995154.0k $154.7k $154.7k 0.00% Reduced -156 -156
94 UBS Group AG 0.00% of their portfolio ZURICH, V8 146,826146.8k $145.4k $145.4k 0.00% Added +29.9k +29,861
95 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 143,680143.7k $142.2k $142.2k 0.03% Reduced -226.5k -226,483
96 Poehling Capital Management, INC. 0.05% of their portfolio MADISON, WI 140,477140.5k $139.0k $139.0k 0.05% Reduced -1.9k -1,851
97 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 129,228129.2k $127.9k $127.9k 0.00% Reduced -484.5k -484,490
98 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 107,824107.8k $106.7k $106.7k 0.00% New
99 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 107,200107.2k $106.1k $106.1k 0.00% Unchanged
100 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 99,90699.9k $98.9k $98.9k 0.00% Reduced -3.0k -2,999