Vault-13

SOLVENTUM CORP SOLV

COM SHS · Common Stock · CUSIP 83444M101 · ISIN US83444M1018

American health care company spun off from 3M in 2024

908 institutional holders +841 vs Q1 2024
105,821,888105.8m shares reported held*
61.3% of all shares outstanding*
$5.6bnreported value*
837 new 28 added 11 reduced 19 sold out net bought ≈ $5.2bn (+98.2m 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 ($8.9m this quarter). Holder counts are more reliable. Shares outstanding: 172.7m as of 2024-06-30, 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 ≈ $52.85. Options: 17 managers hold calls ($48.8m notional), 14 hold puts ($22.5m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ1 24: 67Q2 24: 908908Q1 24Q2 24
Numbers
QuarterHolders
Q1 202467
Q2 2024908

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $7.3mQ1 24 puts: $10.6mQ1 24P/C 1.45Q2 24 calls: $48.8mQ2 24 puts: $22.5mQ2 24P/C 0.46
Numbers
QuarterCallsPutsP/C
Q3 2023$0$0—
Q4 2023$0$0—
Q1 2024$7.3m$10.6m1.45
Q2 2024$48.8m$22.5m0.46

Biggest buyers

VANGUARD GROUP INC New +16,301,778+16.3m
BlackRock Inc. New +11,038,924+11.0m
STATE STREET CORP New +5,921,612+5.9m
TRIAN FUND MANAGEMENT, L.P. New +5,360,579+5.4m
Davis Selected Advisers New +5,163,955+5.2m
Invesco Ltd. New +3,404,015+3.4m
Madison Avenue Partners, LP New +2,464,934+2.5m
NUANCE INVESTMENTS, LLC New +2,190,410+2.2m
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO New +2,069,279+2.1m
Newport Trust Company, LLC New +1,871,703+1.9m

Biggest sellers

Candlestick Capital Management LP Sold out -320,000-320.0k
CITADEL ADVISORS LLC Reduced -224,918-224.9k
CLARK ESTATES INC/NY Sold out -135,000-135.0k
LOOMIS SAYLES & CO L P Reduced -93,757-93.8k
Greenland Capital Management LP Sold out -49,375-49.4k
Holocene Advisors, LP Sold out -39,567-39.6k
Hudson Bay Capital Management LP Reduced -37,001-37.0k
STRS OHIO Sold out -34,606-34.6k
FNY Investment Advisers, LLC Reduced -27,470-27.5k
Alpine Global Management, LLC Reduced -25,796-25.8k

Biggest calls

CITADEL ADVISORS LLC New $16.6m314.8k shares
ORBIMED ADVISORS LLC New $10.6m200.0k shares
CITIGROUP INC New $8.2m155.0k shares
Caption Management, LLC New $2.6m50.0k shares
Walleye Trading LLC Reduced $2.1m38.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $2.1m38.8k shares
JANE STREET GROUP, LLC New $1.7m32.6k shares
SIMPLEX TRADING, LLC New $1.0m19.2k shares
GTS SECURITIES LLC New $851.4k16.1k shares
BARCLAYS PLC New $670.3k12.7k shares

Biggest puts

CITADEL ADVISORS LLC New $7.3m137.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $3.7m69.6k shares
Walleye Trading LLC Reduced $3.1m58.3k shares
D. E. Shaw & Co., Inc. New $2.6m49.4k shares
GROUP ONE TRADING LLC New $1.2m22.6k shares
PURA VIDA INVESTMENTS, LLC New $1.1m21.0k shares
GTS SECURITIES LLC New $1.0m19.6k shares
JANE STREET GROUP, LLC New $793.2k15.0k shares
IMC-Chicago, LLC New $724.5k13.7k shares
Walleye Capital LLC Reduced $423.0k8.0k 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
3M CO 13G · exempt (held before listing) -5.1 pts · filed 2025-08-18 14.8% -5.1 pts 25.6m≈ $2.0bn 2025-08-18
Independent Franchise Partners LLP 13G · institution +1.4 pts · filed 2026-01-27 8.8% +1.4 pts 15.4m≈ $1.2bn 2026-01-27
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 6.3% new 10.9m≈ $839.0m 2026-04-30

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 2024

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 in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 16,301,77816.3m $862.0m $862.0m 0.02% New
2 BlackRock Inc. 0.01% of their portfolio New York, NY 11,038,92411.0m $583.7m $583.7m 0.01% New
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 5,921,6125.9m $313.1m $313.1m 0.01% New
4 TRIAN FUND MANAGEMENT, L.P. 6.91% of their portfolio NEW YORK, NY 5,360,5795.4m $283.5m $283.5m 6.91% New
5 Davis Selected Advisers 1.59% of their portfolio Tucson, AZ 5,163,9555.2m $273.1m $273.1m 1.59% New
6 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 3,404,0153.4m $180.0m $180.0m 0.04% New
7 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,219,4023.2m $169.8m $169.8m 0.01% Added +485.6k +485,627
8 NORGES BANK 0.02% of their portfolio OSLO, Q8 2,589,2382.6m $136.9m $136.9m 0.02% Not comparable
9 Madison Avenue Partners, LP 16.47% of their portfolio NEW YORK, NY 2,464,9342.5m $130.3m $130.3m 16.47% New
10 NUANCE INVESTMENTS, LLC 3.54% of their portfolio Kansas City, MO 2,190,4102.2m $115.8m $115.8m 3.54% New
11 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.10% of their portfolio BLOOMINGTON, IL 2,069,2792.1m $109.4m $109.4m 0.10% New
12 Newport Trust Company, LLC 0.25% of their portfolio Washington, DC 1,871,7031.9m $99.0m $99.0m 0.25% New
13 BAUPOST GROUP LLC/MA 2.65% of their portfolio BOSTON, MA 1,820,0001.8m $96.2m $96.2m 2.65% New
14 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,599,8141.6m $84.6m $84.6m 0.01% Added +1.6m +1,562,737
15 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,575,7891.6m $83.3m $83.3m 0.01% Added +1.5m +1,549,710
16 FMR LLC 0.01% of their portfolio BOSTON, MA 1,555,3021.6m $82.2m $82.2m 0.01% New
17 Magnetar Financial LLC 1.65% of their portfolio EVANSTON, IL 1,490,4101.5m $78.8m $78.8m 1.65% Added +1.4m +1,440,410
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,321,9401.3m $69.9m $69.9m 0.01% New
19 AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio Greenwich, CT 1,217,9981.2m $62.6m $62.6m 0.10% New
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,217,8901.2m $64.4m $64.4m 0.00% Added +1.1m +1,142,850
21 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 1,050,0261.1m $55.5m $55.5m 0.02% New
22 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 916,918916.9k $48.5m $48.5m 0.01% New
23 Invenomic Capital Management LP 2.27% of their portfolio BOSTON, MA 824,185824.2k $43.6m $43.6m 2.27% New
24 Legal & General Group Plc 0.01% of their portfolio London, X0 818,957819.0k $43.3m $43.3m 0.01% Added +812.0k +812,029
25 Balyasny Asset Management L.P. 0.11% of their portfolio Chicago, IL 798,876798.9k $42.2m $42.2m 0.11% New
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 773,626773.6k $40.9m $40.9m 0.00% New
27 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 765,771765.8k $40.5m $40.5m 0.03% Added +677.9k +677,940
28 Newtyn Management, LLC 6.95% of their portfolio NEW YORK, NY 700,000700.0k $37.0m $37.0m 6.95% New
29 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 698,605698.6k $36.9m $36.9m 0.02% New
30 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 641,007641.0k $33.9m $33.9m 0.01% New
31 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 603,172603.2k $31.9m $31.9m 0.02% New
32 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 600,599600.6k $31.8m $31.8m 0.01% New
33 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 599,555599.6k $31.7m $31.7m 0.01% New
34 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 547,442547.4k $28.9m $28.9m 0.04% New
35 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 500,935500.9k $26.5m $26.5m 0.01% New
36 Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio Boston, MA 471,473471.5k $24.9m $24.9m 0.08% New
37 Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio CHIYODA-KU, TOKYO, M0 463,934463.9k $24.5m $24.5m 0.02% New
38 QVIDTVM Management LLC 18.53% of their portfolio THE WOODLANDS, TX 438,217438.2k $23.2m $23.2m 18.53% Added +348.6k +348,609
39 Swiss National Bank 0.02% of their portfolio ZURICH, V8 432,709432.7k $22.9m $22.9m 0.02% New
40 UBS Group AG 0.01% of their portfolio ZURICH, V8 394,908394.9k $20.9m $20.9m 0.01% New
41 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 392,049392.0k $20.7m $20.7m 0.02% New
42 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 391,217391.2k $20.7m $20.7m 0.00% New
43 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 371,973372.0k $19.7m $19.7m 0.01% Added +320.5k +320,473
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 366,560366.6k $19.4m $19.4m 0.03% Added +275.4k +275,402
45 Alyeska Investment Group, L.P. 0.11% of their portfolio CHICAGO, IL 358,477358.5k $19.0m $19.0m 0.11% New
46 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 321,226321.2k $17.0m $17.0m 0.01% New
47 Amundi 0.01% of their portfolio Paris, I0 320,664320.7k $16.3m $16.3m 0.01% New
48 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 307,778307.8k $16.3m $16.3m 0.01% New
49 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 276,922276.9k $14.6m $14.6m 0.02% New
50 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio WEST SACRAMENTO, CA 273,531273.5k $14.5m $14.5m 0.02% New
51 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 259,796259.8k $13.7m $13.7m 0.01% New
52 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 256,813256.8k $13.6m $13.6m 0.03% Added +243.6k +243,615
53 Railway Pension Investments Ltd 0.15% of their portfolio LONDON, X0 239,261239.3k $12.7m $12.7m 0.15% New
54 Aberdeen Group plc 0.02% of their portfolio EDINBURGH, X0 238,321238.3k $12.6m $12.6m 0.02% New
55 Swiss Life Asset Management Ltd 0.15% of their portfolio Zurich, V8 232,640232.6k $12.3m $12.3m 0.15% New
56 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 232,403232.4k $12.3m $12.3m 0.00% Added +27.1k +27,064
57 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 230,680230.7k $12.2m $12.2m 0.01% New
58 LONE PEAK GLOBAL INVESTORS LLC 2.62% of their portfolio ALPINE, UT 227,946227.9k $12.1m $12.1m 2.62% New
59 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 226,192226.2k $12.0m $12.0m 0.01% New
60 Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio TOKYO, M0 223,774223.8k $11.8m $11.8m 0.03% Added +141.1k +141,140
61 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 217,223217.2k $11.3m $11.3m 0.01% New
62 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 200,123200.1k $10.6m $10.6m 0.02% New
63 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 200,064200.1k $10.6m $10.6m 0.00% Added +115.4k +115,391
64 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 197,495197.5k $10.4m $10.4m 0.01% New
65 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 191,393191.4k $10.1m $10.1m 0.01% New
66 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 185,898185.9k $9.8m $9.8m 0.02% New
67 Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio TOKYO, M0 182,888182.9k $9.7m $9.7m 0.01% New
68 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 179,152179.2k $9.5m $9.5m 0.00% New
69 BOOTHBAY FUND MANAGEMENT, LLC 0.27% of their portfolio NEW YORK, NY 168,066168.1k $8.9m $8.9m 0.27% Added +160.8k +160,821
70 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 165,832165.8k $8.8m $8.8m 0.01% Added +161.3k +161,325
71 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 164,719164.7k $8.7m $8.7m 0.01% New
72 Gotham Asset Management, LLC 0.11% of their portfolio NEW YORK, NY 163,966164.0k $8.7m $8.7m 0.11% New
73 Engineers Gate Manager LP 0.19% of their portfolio NEW YORK, NY 163,159163.2k $8.6m $8.6m 0.19% New
74 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 157,746157.7k $8.9m $8.9m 0.00% New
75 QV Investors Inc. 0.78% of their portfolio CALGARY, A0 157,192157.2k $8.3m $8.3m 0.78% New
76 NZS Capital, LLC 0.34% of their portfolio DENVER, CO 156,639156.6k $8.3m $8.3m 0.34% New
77 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 156,366156.4k $8.3m $8.3m 0.00% New
78 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 152,305152.3k $8.1m $8.1m 0.01% Added +148.2k +148,219
79 South Dakota Investment Council 0.16% of their portfolio SIOUX FALLS, SD 150,134150.1k $7.9m $7.9m 0.16% New
80 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 144,709144.7k $7.7m $7.7m 0.02% New
81 Soapstone Management L.P. 4.96% of their portfolio BETHESDA, MD 140,476140.5k $7.4m $7.4m 4.96% New
82 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 132,773132.8k $7.0m $7.0m 0.01% New
83 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 131,808131.8k $7.0m $7.0m 0.03% New
84 CINCINNATI INSURANCE CO 0.11% of their portfolio FAIRFIELD, OH 130,425130.4k $6.9m $6.9m 0.11% New
85 AustralianSuper Pty Ltd 0.04% of their portfolio MELBOURNE, C3 128,345128.3k $6.8m $6.8m 0.04% New
86 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 127,590127.6k $6.7m $6.7m 0.00% New
87 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 126,675126.7k $6.7m $6.7m 0.00% New
88 PARSONS CAPITAL MANAGEMENT INC/RI 0.45% of their portfolio PROVIDENCE, RI 125,652125.7k $6.6m $6.6m 0.45% New
89 683 Capital Management, LLC 0.69% of their portfolio NEW YORK, NY 125,000125.0k $6.6m $6.6m 0.69% New
90 National Pension Service 0.01% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 124,063124.1k $6.6m $6.6m 0.01% New
91 INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 2.21% of their portfolio GREENWOOD VILLAGE, CO 121,617121.6k $6.4m $6.4m 2.21% New
92 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 120,951121.0k $6.4m $6.4m 0.01% New
93 Mariner, LLC 0.01% of their portfolio Overland Park, KS 120,187120.2k $6.4m $6.4m 0.01% New
94 Dorsey & Whitney Trust CO LLC 0.44% of their portfolio SIOUX FALLS, SD 119,885119.9k $6.3m $6.3m 0.44% New
95 JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio FLORHAM PARK, NJ 116,245116.2k $6.1m $6.1m 0.03% New
96 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 115,390115.4k $6.1m $6.1m 0.01% New
97 Rudius Management LP 1.16% of their portfolio NEW YORK, NY 101,427101.4k $5.4m $5.4m 1.16% New
98 AVIVA PLC 0.01% of their portfolio LONDON, X0 98,52598.5k $5.2m $5.2m 0.01% New
99 Zurcher Kantonalbank (Zurich Cantonalbank) 0.02% of their portfolio ZURICH, V8 96,82496.8k $5.1m $5.1m 0.02% New
100 Price Jennifer C. 5.91% of their portfolio NEW YORK, NY 96,00096.0k $5.1m $5.1m 5.91% New