Vault-13

SMARTSHEET INC SMAR

COM CL A · Common Stock · CUSIP 83200N103 · ISIN US83200N1037

355 institutional holders +10 vs Q2 2023
120,295,772120.3m shares reported held*
$4.9bnreported value*
47 new 129 added 120 reduced 36 sold out net sold ≈ $4.7m (-586.4k 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 ($5.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.62. Options: 17 managers hold calls ($72.5m notional), 16 hold puts ($27.9m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 293Q4 22: 321Q1 23: 358Q2 23: 345Q3 23: 355355Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022293
Q4 2022321
Q1 2023358
Q2 2023345
Q3 2023355

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 163 bought or addedQ4 22: 151 cut or sold outQ4 22Q1 23: 196 bought or addedQ1 23: 138 cut or sold outQ1 23Q2 23: 182 bought or addedQ2 23: 168 cut or sold outQ2 23Q3 23: 176 bought or addedQ3 23: 156 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022163151
Q1 2023196138
Q2 2023182168
Q3 2023176156

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ4 22 calls: $56.7mQ4 22 puts: $15.1mQ4 22P/C 0.27Q1 23 calls: $77.7mQ1 23 puts: $11.0mQ1 23P/C 0.14Q2 23 calls: $82.4mQ2 23 puts: $18.2mQ2 23P/C 0.22Q3 23 calls: $72.5mQ3 23 puts: $27.9mQ3 23P/C 0.38
Numbers
QuarterCallsPutsP/C
Q4 2022$56.7m$15.1m0.27
Q1 2023$77.7m$11.0m0.14
Q2 2023$82.4m$18.2m0.22
Q3 2023$72.5m$27.9m0.38

Biggest buyers

CITADEL ADVISORS LLC Added +2,166,291+2.2m
Dorsal Capital Management, LP Added +1,300,000+1.3m
RGM Capital, LLC New +1,253,207+1.3m
EMINENCE CAPITAL, LP Added +1,226,189+1.2m
PRICE T ROWE ASSOCIATES INC /MD/ Added +846,262+846.3k
Champlain Investment Partners, LLC Added +473,385+473.4k
Man Group plc New +471,023+471.0k
MILLENNIUM MANAGEMENT LLC Added +465,459+465.5k
Invenomic Capital Management LP Added +369,161+369.2k
Alyeska Investment Group, L.P. Added +347,708+347.7k

Biggest sellers

Capital World Investors Reduced -5,038,112-5.0m
ALKEON CAPITAL MANAGEMENT LLC Reduced -909,000-909.0k
AMERIPRISE FINANCIAL INC Reduced -895,814-895.8k
MACQUARIE GROUP LTD Reduced -838,115-838.1k
Capital Research Global Investors Reduced -780,668-780.7k
North Peak Capital Management, LLC Reduced -733,028-733.0k
Dorsey Asset Management, LLC Reduced -586,307-586.3k
ALLIANCEBERNSTEIN L.P. Reduced -483,746-483.7k
Man Group plc Sold out -360,568-360.6k
VICTORY CAPITAL MANAGEMENT INC Reduced -268,372-268.4k

Biggest calls

JANE STREET GROUP, LLC Reduced $20.4m503.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $14.7m364.5k shares
CITADEL ADVISORS LLC Added $13.0m320.2k shares
Walleye Trading LLC Added $6.3m156.3k shares
GROUP ONE TRADING LLC Reduced $5.0m123.8k shares
MILLENNIUM MANAGEMENT LLC New $4.1m100.5k shares
Walleye Capital LLC Added $2.6m63.3k shares
PEAK6 Investments LLC Added $1.7m41.8k shares
WOLVERINE TRADING, LLC Reduced $1.4m34.4k shares
TWO SIGMA SECURITIES, LLC New $950.8k23.5k shares

Biggest puts

CITADEL ADVISORS LLC Added $7.2m177.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.1m126.9k shares
Squarepoint Ops LLC Added $4.1m100.9k shares
Twin Tree Management, LP Added $3.7m90.9k shares
WOLVERINE TRADING, LLC Added $1.3m33.2k shares
Walleye Capital LLC Added $1.1m28.2k shares
JANE STREET GROUP, LLC Added $1.1m28.1k shares
SIMPLEX TRADING, LLC Added $1.1m27.3k shares
Walleye Trading LLC Reduced $736.4k18.2k shares
GROUP ONE TRADING LLC Added $704.0k17.4k 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
BlackRock, Inc. 13G · institution filed 2025-01-30 7.0% 9.8m 2025-01-30

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 13,307,70113.3m $538.4m $538.4m 0.01% Added +261.8k +261,836
2 Capital World Investors 0.09% of their portfolio LOS ANGELES, CA 10,809,93310.8m $437.4m $437.4m 0.09% Reduced -5.0m -5,038,112
3 BlackRock Inc. 0.01% of their portfolio New York, NY 7,154,0737.2m $289.5m $289.5m 0.01% Added +109.5k +109,491
4 BROWN CAPITAL MANAGEMENT LLC 3.93% of their portfolio BALTIMORE, MD 6,340,9906.3m $256.6m $256.6m 3.93% Reduced -23.2k -23,170
5 EMINENCE CAPITAL, LP 2.67% of their portfolio NEW YORK, NY 3,329,1553.3m $134.7m $134.7m 2.67% Added +1.2m +1,226,189
6 Dorsal Capital Management, LP 4.46% of their portfolio Redwood City, CA 3,100,0003.1m $125.4m $125.4m 4.46% Added +1.3m +1,300,000
7 CITADEL ADVISORS LLC 0.13% of their portfolio MIAMI, FL 3,006,4323.0m $121.6m $121.6m 0.13% Added +2.2m +2,166,291
8 ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio NASHVILLE, TN 2,907,6972.9m $117.6m $117.6m 0.05% Reduced -483.7k -483,746
9 North Peak Capital Management, LLC 14.23% of their portfolio NEW YORK, NY 2,855,7442.9m $115.5m $115.5m 14.23% Reduced -733.0k -733,028
10 Capital Research Global Investors 0.03% of their portfolio Los Angeles, CA 2,777,0432.8m $112.4m $112.4m 0.03% Reduced -780.7k -780,668
11 Dorsey Asset Management, LLC 14.23% of their portfolio CHICAGO, IL 2,694,2962.7m $109.0m $109.0m 14.23% Reduced -586.3k -586,307
12 Champlain Investment Partners, LLC 0.69% of their portfolio BURLINGTON, VT 2,626,6302.6m $106.3m $106.3m 0.69% Added +473.4k +473,385
13 WESTFIELD CAPITAL MANAGEMENT CO LP 0.68% of their portfolio BOSTON, MA 2,482,4302.5m $100.4m $100.4m 0.68% Reduced -113.3k -113,302
14 VOYA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio ATLANTA, GA 2,439,9402.4m $98.7m $98.7m 0.11% Added +181.0k +181,001
15 FIRST TRUST ADVISORS LP 0.10% of their portfolio Wheaton, IL 2,133,1632.1m $86.3m $86.3m 0.10% Added +26.8k +26,755
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,128,4962.1m $86.1m $86.1m 0.00% Added +17.5k +17,483
17 TimesSquare Capital Management, LLC 1.32% of their portfolio NEW YORK, NY 2,100,1422.1m $85.0m $85.0m 1.32% Added +172.0k +172,009
18 ArrowMark Colorado Holdings LLC 0.96% of their portfolio Denver, CO 1,951,5332.0m $79.0m $79.0m 0.96% Added +151.2k +151,206
19 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,898,8641.9m $76.8m $76.8m 0.01% Added +44.7k +44,704
20 12 West Capital Management LP 6.04% of their portfolio NEW YORK, NY 1,647,2831.6m $66.6m $66.6m 6.04% Unchanged
21 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,622,2211.6m $65.6m $65.6m 0.01% Added +963 +963
22 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,340,1591.3m $54.2m $54.2m 0.01% Added +56.5k +56,481
23 ALKEON CAPITAL MANAGEMENT LLC 0.34% of their portfolio New York, NY 1,337,2831.3m $54.1m $54.1m 0.34% Reduced -909.0k -909,000
24 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,298,8291.3m $52.6m $52.6m 0.01% Reduced -209.8k -209,849
25 RGM Capital, LLC 2.32% of their portfolio NAPLES, FL 1,253,2071.3m $50.7m $50.7m 2.32% New
26 Keenan Capital, LLC 8.57% of their portfolio BURLINGAME, CA 1,200,4331.2m $48.6m $48.6m 8.57% Added +45.0k +45,000
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,160,2211.2m $46.9m $46.9m 0.01% Added +46.0k +46,035
28 NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio ALBANY, NY 1,154,2621.2m $46.7m $46.7m 0.07% Reduced -20.9k -20,862
29 Tensile Capital Management LP 5.57% of their portfolio LARKSPUR, CA 1,094,5161.1m $44.3m $44.3m 5.57% Added +257.6k +257,616
30 JACOBS LEVY EQUITY MANAGEMENT, INC 0.25% of their portfolio FLORHAM PARK, NJ 1,030,3151.0m $41.7m $41.7m 0.25% Reduced -41.1k -41,096
31 Swedbank AB 0.07% of their portfolio STOCKHOLM, V7 947,500947.5k $38.3m $38.3m 0.07% Reduced -102.9k -102,900
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 928,431928.4k $37.6m $37.6m 0.00% Added +211.1k +211,062
33 Alyeska Investment Group, L.P. 0.26% of their portfolio CHICAGO, IL 923,792923.8k $37.4m $37.4m 0.26% Added +347.7k +347,708
34 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 919,084919.1k $37.2m $37.2m 0.01% Added +846.3k +846,262
35 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 873,111873.1k $35.3m $35.3m 0.04% Added +465.5k +465,459
36 FRED ALGER MANAGEMENT, LLC 0.19% of their portfolio NEW YORK, NY 820,220820.2k $33.2m $33.2m 0.19% Reduced -161.0k -161,043
37 Squarepoint Ops LLC 0.16% of their portfolio NEW YORK, NY 810,768810.8k $32.8m $32.8m 0.16% Added +178.8k +178,789
38 FEDERATED HERMES, INC. 0.09% of their portfolio PITTSBURGH, PA 803,571803.6k $32.5m $32.5m 0.09% Reduced -109 -109
39 Clearbridge Investments, LLC 0.03% of their portfolio NEW YORK, NY 756,790756.8k $30.6m $30.6m 0.03% Unchanged
40 TREMBLANT CAPITAL GROUP 3.51% of their portfolio WEST PALM BEACH, FL 722,790722.8k $29.2m $29.2m 3.51% Added +27.9k +27,851
41 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 712,014712.0k $28.8m $28.8m 0.01% Added +16.1k +16,087
42 BAMCO INC /NY/ 0.08% of their portfolio NEW YORK, NY 706,636706.6k $28.6m $28.6m 0.08% Added +187.8k +187,754
43 EAGLE ASSET MANAGEMENT INC 0.15% of their portfolio ST PETERSBURG, FL 626,431626.4k $25.3m $25.3m 0.15% Reduced -18.0k -18,022
44 Qube Research & Technologies Ltd 0.08% of their portfolio LONDON, X0 626,040626.0k $25.3m $25.3m 0.08% Added +171.5k +171,520
45 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 610,015610.0k $24.7m $24.7m 0.00% Added +20.8k +20,832
46 EVR Research LP 6.63% of their portfolio RICHMOND, VA 600,000600.0k $24.3m $24.3m 6.63% Added +60.0k +60,000
47 Cota Capital Management, LLC 12.17% of their portfolio SAN FRANCISCO, CA 599,355599.4k $24.2m $24.2m 12.17% Unchanged
48 Invenomic Capital Management LP 0.93% of their portfolio BOSTON, MA 544,877544.9k $22.0m $22.0m 0.93% Added +369.2k +369,161
49 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 542,092542.1k $21.9m $21.9m 0.01% Added +192.4k +192,395
50 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 521,100521.1k $21.1m $21.1m 0.04% Reduced -234.2k -234,200
51 VISTA EQUITY PARTNERS MANAGEMENT, LLC 0.53% of their portfolio San Francisco, CA 519,176519.2k $21.0m $21.0m 0.53% Reduced -216.1k -216,140
52 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 492,508492.5k $19.9m $19.9m 0.04% Added +173.6k +173,639
53 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 489,545489.5k $19.8m $19.8m 0.02% Added +53.7k +53,732
54 Man Group plc 0.06% of their portfolio LONDON, X0 471,023471.0k $19.1m $19.1m 0.06% New
55 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 454,774454.8k $18.4m $18.4m 0.00% Reduced -47.6k -47,594
56 Coronation Fund Managers Ltd. 0.53% of their portfolio Cape Town, T3 436,581436.6k $17.7m $17.7m 0.53% Added +72.3k +72,311
57 Artisan Partners Limited Partnership 0.03% of their portfolio Milwaukee, WI 391,083391.1k $15.8m $15.8m 0.03% Reduced -12.1k -12,102
58 GLYNN CAPITAL MANAGEMENT LLC 3.10% of their portfolio MENLO PARK, CA 352,392352.4k $14.3m $14.3m 3.10% Added +9.5k +9,456
59 AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio Greenwich, CT 348,300348.3k $14.1m $14.1m 0.03% Added +244.2k +244,188
60 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 342,468342.5k $13.9m $13.9m 0.05% Reduced -4.4k -4,399
61 TWINBEECH CAPITAL LP 0.23% of their portfolio PURCHASE, NY 299,434299.4k $12.1m $12.1m 0.23% New
62 Cubist Systematic Strategies, LLC 0.15% of their portfolio STAMFORD, CT 291,787291.8k $11.8m $11.8m 0.15% New
63 WCM INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio LAGUNA BEACH, CA 283,723283.7k $11.5m $11.5m 0.03% Added +5.6k +5,560
64 Swiss National Bank 0.01% of their portfolio ZURICH, V8 279,000279.0k $11.3m $11.3m 0.01% Added +4.9k +4,900
65 Lead Edge Capital Management, LLC 3.63% of their portfolio NEW YORK, NY 252,500252.5k $10.2m $10.2m 3.63% New
66 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 230,767230.8k $9.3m $9.3m 0.01% Added +5.3k +5,347
67 Crestline Management, L.P. 1.10% of their portfolio FORT WORTH, TX 228,256228.3k $9.2m $9.2m 1.10% Added +129.4k +129,353
68 Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio VANCOUVER, A1 225,237225.2k $9.1m $9.1m 0.05% Added +71.3k +71,338
69 Optimus Prime Fund Management Co., Ltd. 1.22% of their portfolio GRAND CAYMAN, E9 225,000225.0k $9.1m $9.1m 1.22% Added +200.0k +200,000
70 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 210,001210.0k $8.5m $8.5m 0.02% Added +30.8k +30,804
71 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 197,835197.8k $8.0m $8.0m 0.01% Reduced -838.1k -838,115
72 Pier Capital, LLC 1.25% of their portfolio STAMFORD, CT 190,941190.9k $7.7m $7.7m 1.25% Reduced -3.8k -3,829
73 COMERICA BANK 0.04% of their portfolio DALLAS, TX 186,736186.7k $7.6m $7.6m 0.04% New
74 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 185,269185.3k $7.5m $7.5m 0.00% Reduced -13.7k -13,726
75 Trexquant Investment LP 0.18% of their portfolio STAMFORD, CT 178,671178.7k $7.2m $7.2m 0.18% Added +94.5k +94,494
76 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 174,821174.8k $7.1m $7.1m 0.00% Reduced -23.4k -23,445
77 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 172,884172.9k $7.0m $7.0m 0.02% Reduced -10.9k -10,912
78 CANADA LIFE ASSURANCE Co 0.02% of their portfolio WINNIPEG, A2 171,357171.4k $6.9m $6.9m 0.02% Added +25.6k +25,570
79 Clarius Group, LLC 0.65% of their portfolio SEATTLE, WA 169,232169.2k $6.8m $6.8m 0.65% Reduced -22.6k -22,601
80 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 168,900168.9k $6.8m $6.8m 0.01% Reduced -1.5k -1,541
81 M&G INVESTMENT MANAGEMENT LTD 0.05% of their portfolio London, X0 162,134162.1k $6.5m $6.5m 0.05% Added +14.0k +13,993
82 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 158,582158.6k $6.4m $6.4m 0.01% Reduced -22.5k -22,461
83 TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio STAMFORD, CT 157,348157.3k $6.4m $6.4m 0.09% Added +120.6k +120,553
84 GREENOAKS LLC 0.74% of their portfolio ORINDA, CA 148,304148.3k $6.0m $6.0m 0.74% Reduced -36.7k -36,696
85 Legal & General Group Plc 0.00% of their portfolio London, X0 143,765143.8k $5.8m $5.8m 0.00% Reduced -763 -763
86 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 140,171140.2k $5.7m $5.7m 0.01% Reduced -12.7k -12,716
87 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 129,900129.9k $5.3m $5.3m 0.01% Added +89.8k +89,800
88 ALGERT GLOBAL LLC 0.24% of their portfolio SAN FRANCISCO, CA 126,920126.9k $5.1m $5.1m 0.24% Added +49.1k +49,083
89 Amundi 0.00% of their portfolio Paris, I0 122,889122.9k $5.1m $5.1m 0.00% Reduced -43.1k -43,133
90 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 122,536122.5k $5.0m $5.0m 0.01% Added +190 +190
91 Engineers Gate Manager LP 0.18% of their portfolio NEW YORK, NY 118,369118.4k $4.8m $4.8m 0.18% Added +72.5k +72,480
92 ZACKS INVESTMENT MANAGEMENT 0.06% of their portfolio Chicago, IL 116,870116.9k $4.7m $4.7m 0.06% Added +676 +676
93 UBS Group AG 0.00% of their portfolio ZURICH, V8 113,356113.4k $4.6m $4.6m 0.00% Added +76.5k +76,499
94 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.08% of their portfolio CHICAGO, IL 112,500112.5k $4.6m $4.6m 0.08% Added +30.0k +30,000
95 ExodusPoint Capital Management, LP 0.06% of their portfolio NEW YORK, NY 109,300109.3k $4.4m $4.4m 0.06% Added +35.6k +35,642
96 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 104,068104.1k $4.2m $4.2m 0.00% Reduced -8.3k -8,322
97 Granahan Investment Management, LLC 0.15% of their portfolio WALTHAM, MA 103,241103.2k $4.2m $4.2m 0.15% Added +44.9k +44,924
98 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 102,716102.7k $4.2m $4.2m 0.00% Reduced -15.8k -15,785
99 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 98,90898.9k $4.0m $4.0m 0.01% Reduced -150 -150
100 Granite Investment Partners, LLC 0.17% of their portfolio EL SEGUNDO, CA 98,36198.4k $4.0m $4.0m 0.17% Added +919 +919