Vault-13

SOLVENTUM CORP SOLV

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

American health care company spun off from 3M in 2024

943 institutional holders +35 vs Q2 2024
108,215,616108.2m shares reported held*
62.6% of all shares outstanding*
$7.6bnreported value*
139 new 177 added 439 reduced 101 sold out net bought ≈ $173.3m (+2.6m 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 ($8.5m this quarter). Holder counts are more reliable. Shares outstanding: 172.8m as of 2024-09-30, 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 ≈ $69.98. Options: 14 managers hold calls ($48.0m notional), 15 hold puts ($64.8m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ1 24: 67Q2 24: 908Q3 24: 943943Q1 24Q2 24Q3 24
Numbers
QuarterHolders
Q1 202467
Q2 2024908
Q3 2024943

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 24: 865 bought or addedQ2 24: 30 cut or sold outQ2 24Q3 24: 316 bought or addedQ3 24: 540 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q2 202486530
Q3 2024316540

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ4 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 0.46Q3 24 calls: $48.0mQ3 24 puts: $64.8mQ3 24P/C 1.35
Numbers
QuarterCallsPutsP/C
Q4 2023$0$0—
Q1 2024$7.3m$10.6m1.45
Q2 2024$48.8m$22.5m0.46
Q3 2024$48.0m$64.8m1.35

Biggest buyers

HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC New +1,799,880+1.8m
TRIAN FUND MANAGEMENT, L.P. Added +1,765,676+1.8m
Independent Franchise Partners LLP New +781,882+781.9k
Point72 Asset Management, L.P. New +730,758+730.8k
ANCHOR CAPITAL ADVISORS LLC New +675,522+675.5k
NORGES BANK Added +493,360+493.4k
Candlestick Capital Management LP New +478,686+478.7k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +453,643+453.6k
Amundi Added +451,103+451.1k
Madison Avenue Partners, LP Added +362,738+362.7k

Biggest sellers

Magnetar Financial LLC Reduced -1,250,428-1.3m
Invesco Ltd. Reduced -657,097-657.1k
Balyasny Asset Management L.P. Reduced -653,047-653.0k
NUANCE INVESTMENTS, LLC Reduced -551,057-551.1k
BARCLAYS PLC Reduced -369,619-369.6k
Alyeska Investment Group, L.P. Sold out -358,477-358.5k
Legal & General Group Plc Reduced -313,481-313.5k
Qube Research & Technologies Ltd Sold out -256,813-256.8k
Invenomic Capital Management LP Reduced -239,302-239.3k
D. E. Shaw & Co., Inc. Reduced -234,108-234.1k

Biggest calls

CITADEL ADVISORS LLC Reduced $21.7m311.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.0m85.8k shares
ORBIMED ADVISORS LLC Reduced $4.8m69.3k shares
IMC-Chicago, LLC Added $4.6m65.3k shares
Walleye Trading LLC Added $2.9m42.3k shares
SIMPLEX TRADING, LLC Added $2.2m31.8k shares
WOLVERINE TRADING, LLC Added $1.6m23.2k shares
Walleye Capital LLC Added $1.3m19.0k shares
GTS SECURITIES LLC Reduced $1.0m14.8k shares
JANE STREET GROUP, LLC Reduced $1.0m14.4k shares

Biggest puts

CITADEL ADVISORS LLC Added $21.2m304.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.4m120.3k shares
JANE STREET GROUP, LLC Added $5.6m80.6k shares
GROUP ONE TRADING LLC Added $5.2m74.4k shares
SIMPLEX TRADING, LLC Added $4.8m68.4k shares
IMC-Chicago, LLC Added $4.5m64.9k shares
CITIGROUP INC New $4.4m63.4k shares
D. E. Shaw & Co., Inc. Unchanged $3.4m49.4k shares
WOLVERINE TRADING, LLC Added $1.7m25.8k shares
Walleye Trading LLC Reduced $1.7m24.9k 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.

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 Q3 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 Q3 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 16,191,26216.2m $1.1bn $1.1bn 0.02% Reduced -110.5k -110,516
2 BlackRock, Inc. 0.02% of their portfolio New York, NY 10,602,30110.6m $739.2m $739.2m 0.02% First filing
3 TRIAN FUND MANAGEMENT, L.P. 12.77% of their portfolio NEW YORK, NY 7,126,2557.1m $496.8m $496.8m 12.77% Added +1.8m +1,765,676
4 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 6,107,5506.1m $425.8m $425.8m 0.02% Added +185.9k +185,938
5 Davis Selected Advisers 2.06% of their portfolio Tucson, AZ 5,271,5135.3m $367.5m $367.5m 2.06% Added +107.6k +107,558
6 GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BOSTON, MA 3,347,7193.3m $232.6m $232.6m 0.02% Added +128.3k +128,317
7 NORGES BANK 0.03% of their portfolio OSLO, Q8 3,082,5983.1m $214.9m $214.9m 0.03% Added +493.4k +493,360
8 Madison Avenue Partners, LP 18.28% of their portfolio NEW YORK, NY 2,827,6722.8m $197.1m $197.1m 18.28% Added +362.7k +362,738
9 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 2,746,9182.7m $191.5m $191.5m 0.04% Reduced -657.1k -657,097
10 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.13% of their portfolio BLOOMINGTON, IL 2,069,2792.1m $144.3m $144.3m 0.13% Unchanged
11 BAUPOST GROUP LLC/MA 3.61% of their portfolio BOSTON, MA 1,820,0001.8m $126.9m $126.9m 3.61% Unchanged
12 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.42% of their portfolio Los Angeles, CA 1,799,8801.8m $125.5m $125.5m 0.42% New
13 Newport Trust Company, LLC 0.30% of their portfolio Washington, DC 1,790,9631.8m $124.9m $124.9m 0.30% Reduced -80.7k -80,740
14 NUANCE INVESTMENTS, LLC 3.84% of their portfolio Kansas City, MO 1,639,3531.6m $114.3m $114.3m 3.84% Reduced -551.1k -551,057
15 AQR CAPITAL MANAGEMENT LLC 0.14% of their portfolio Greenwich, CT 1,478,4031.5m $100.5m $100.5m 0.14% Added +260.4k +260,405
16 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 1,440,2241.4m $100.4m $100.4m 0.02% Reduced -159.6k -159,590
17 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,421,0401.4m $99.1m $99.1m 0.01% Reduced -154.7k -154,749
18 FMR LLC 0.01% of their portfolio BOSTON, MA 1,379,9171.4m $96.2m $96.2m 0.01% Reduced -175.4k -175,385
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,198,5681.2m $83.6m $83.6m 0.00% Reduced -19.3k -19,322
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,185,4611.2m $82.7m $82.7m 0.02% Reduced -136.5k -136,479
21 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 1,053,7711.1m $73.5m $73.5m 0.02% Added +3.7k +3,745
22 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 906,792906.8k $63.2m $63.2m 0.01% Reduced -10.1k -10,126
23 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 845,692845.7k $59.0m $59.0m 0.05% Added +453.6k +453,643
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 814,112814.1k $56.8m $56.8m 0.00% Added +40.5k +40,486
25 Independent Franchise Partners LLP 0.48% of their portfolio London, X0 781,882781.9k $54.5m $54.5m 0.48% New
26 Amundi 0.02% of their portfolio Paris, I0 771,767771.8k $51.8m $51.8m 0.02% Added +451.1k +451,103
27 Point72 Asset Management, L.P. 0.18% of their portfolio STAMFORD, CT 730,758730.8k $50.9m $50.9m 0.18% New
28 ANCHOR CAPITAL ADVISORS LLC 1.25% of their portfolio Boston, MA 675,522675.5k $47.1m $47.1m 1.25% New
29 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 662,780662.8k $46.2m $46.2m 0.02% Added +62.2k +62,181
30 Invenomic Capital Management LP 2.25% of their portfolio BOSTON, MA 584,883584.9k $40.8m $40.8m 2.25% Reduced -239.3k -239,302
31 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 558,078558.1k $38.9m $38.9m 0.03% Reduced -207.7k -207,693
32 Grantham, Mayo, Van Otterloo & Co. LLC 0.12% of their portfolio Boston, MA 553,510553.5k $38.6m $38.6m 0.12% Added +82.0k +82,037
33 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 541,237541.2k $37.7m $37.7m 0.01% Added +40.3k +40,302
34 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 506,732506.7k $35.3m $35.3m 0.01% Reduced -92.8k -92,823
35 Legal & General Group Plc 0.01% of their portfolio London, X0 505,476505.5k $35.2m $35.2m 0.01% Reduced -313.5k -313,481
36 Newtyn Management, LLC 5.38% of their portfolio NEW YORK, NY 502,617502.6k $35.0m $35.0m 5.38% Reduced -197.4k -197,383
37 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 502,560502.6k $35.0m $35.0m 0.04% Reduced -44.9k -44,882
38 QVIDTVM Management LLC 24.27% of their portfolio THE WOODLANDS, TX 497,276497.3k $34.7m $34.7m 24.27% Added +59.1k +59,059
39 Candlestick Capital Management LP 1.37% of their portfolio GREENWICH, CT 478,686478.7k $33.4m $33.4m 1.37% New
40 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 448,954449.0k $31.3m $31.3m 0.01% Reduced -192.1k -192,053
41 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 445,839445.8k $31.1m $31.1m 0.01% Added +73.9k +73,866
42 Swiss National Bank 0.02% of their portfolio ZURICH, V8 435,709435.7k $30.4m $30.4m 0.02% Added +3.0k +3,000
43 UBS Group AG 0.01% of their portfolio ZURICH, V8 420,484420.5k $29.3m $29.3m 0.01% Added +25.6k +25,576
44 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 415,860415.9k $28.9m $28.9m 0.02% Reduced -187.3k -187,312
45 Railway Pension Investments Ltd 0.33% of their portfolio LONDON, X0 395,161395.2k $27.6m $27.6m 0.33% Added +155.9k +155,900
46 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 391,217391.2k $27.3m $27.3m 0.00% Unchanged
47 Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio CHIYODA-KU, TOKYO, M0 372,289372.3k $26.0m $26.0m 0.02% Reduced -91.6k -91,645
48 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 328,986329.0k $22.9m $22.9m 0.01% Reduced -369.6k -369,619
49 Assenagon Asset Management S.A. 0.05% of their portfolio SENNINGERBERG, N4 319,628319.6k $22.3m $22.3m 0.05% Added +313.1k +313,058
50 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio WEST SACRAMENTO, CA 284,619284.6k $19.8m $19.8m 0.02% Added +11.1k +11,088
51 LONE PEAK GLOBAL INVESTORS LLC 3.88% of their portfolio ALPINE, UT 279,479279.5k $19.5m $19.5m 3.88% Added +51.5k +51,533
52 South Dakota Investment Council 0.37% of their portfolio SIOUX FALLS, SD 269,979270.0k $18.8m $18.8m 0.37% Added +119.8k +119,845
53 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 264,668264.7k $18.5m $18.5m 0.01% Reduced -43.1k -43,110
54 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 250,934250.9k $17.5m $17.5m 0.02% Reduced -8.9k -8,862
55 QV Investors Inc. 1.54% of their portfolio CALGARY, A0 250,562250.6k $17.5m $17.5m 1.54% Added +93.4k +93,370
56 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 242,666242.7k $16.9m $16.9m 0.00% Added +10.3k +10,263
57 Magnetar Financial LLC 0.36% of their portfolio EVANSTON, IL 239,982240.0k $16.7m $16.7m 0.36% Reduced -1.3m -1,250,428
58 Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio TOKYO, M0 238,042238.0k $16.6m $16.6m 0.04% Added +14.3k +14,268
59 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 229,067229.1k $16.0m $16.0m 0.01% Reduced -1.6k -1,613
60 NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio STOCKHOLM, V7 227,901227.9k $15.4m $15.4m 0.02% Added +10.7k +10,678
61 GENERAL AMERICAN INVESTORS CO INC 1.00% of their portfolio NEW YORK, NY 207,350207.3k $14.5m $14.5m 1.00% New
62 TWINBEECH CAPITAL LP 0.27% of their portfolio PURCHASE, NY 202,511202.5k $14.1m $14.1m 0.27% New
63 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 199,772199.8k $13.9m $13.9m 0.00% Reduced -292 -292
64 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 195,934195.9k $13.7m $13.7m 0.01% Added +30.1k +30,102
65 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 194,108194.1k $13.5m $13.5m 0.01% Reduced -127.1k -127,118
66 Gotham Asset Management, LLC 0.13% of their portfolio NEW YORK, NY 187,061187.1k $13.0m $13.0m 0.13% Added +23.1k +23,095
67 HBK INVESTMENTS L P 0.24% of their portfolio DALLAS, TX 183,917183.9k $12.8m $12.8m 0.24% Not comparable
68 Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio TOKYO, M0 182,888182.9k $12.8m $12.8m 0.01% Unchanged
69 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 182,748182.7k $12.3m $12.3m 0.01% Added +25.0k +25,002
70 Aberdeen Group plc 0.02% of their portfolio EDINBURGH, X0 182,696182.7k $12.3m $12.3m 0.02% Reduced -55.6k -55,625
71 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 178,964179.0k $12.5m $12.5m 0.00% Added +51.4k +51,374
72 LMR Partners LLP 0.27% of their portfolio LONDON, X0 178,828178.8k $12.5m $12.5m 0.27% Added +151.4k +151,424
73 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 175,783175.8k $12.3m $12.3m 0.01% Reduced -15.6k -15,610
74 Swiss Life Asset Management Ltd 0.14% of their portfolio Zurich, V8 172,560172.6k $12.0m $12.0m 0.14% Reduced -60.1k -60,080
75 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 169,615169.6k $11.8m $11.8m 0.01% Added +4.9k +4,896
76 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 162,200162.2k $11.3m $11.3m 0.02% Reduced -204.4k -204,360
77 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 161,020161.0k $11.2m $11.2m 0.00% Reduced -18.1k -18,132
78 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 158,465158.5k $11.0m $11.0m 0.00% Added +2.1k +2,099
79 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 145,829145.8k $10.2m $10.2m 0.03% Reduced -653.0k -653,047
80 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 138,722138.7k $9.7m $9.7m 0.02% New
81 AustralianSuper Pty Ltd 0.05% of their portfolio MELBOURNE, C3 136,716136.7k $9.5m $9.5m 0.05% Added +8.4k +8,371
82 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio TALLAHASSEE, FL 132,773132.8k $9.3m $9.3m 0.02% Unchanged
83 Dorsey & Whitney Trust CO LLC 0.49% of their portfolio SIOUX FALLS, SD 131,266131.3k $9.2m $9.2m 0.49% Added +11.4k +11,381
84 CINCINNATI INSURANCE CO 0.15% of their portfolio FAIRFIELD, OH 130,425130.4k $9.1m $9.1m 0.15% Unchanged
85 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 129,261129.3k $1.9k $1.9k 0.01% Added +126.8k +126,784
86 PARSONS CAPITAL MANAGEMENT INC/RI 0.55% of their portfolio PROVIDENCE, RI 125,589125.6k $8.8m $8.8m 0.55% Reduced -63 -63
87 JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio FLORHAM PARK, NJ 122,092122.1k $8.5m $8.5m 0.03% Added +5.8k +5,847
88 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 119,880119.9k $8.4m $8.4m 0.02% Reduced -24.8k -24,829
89 Korea Investment CORP 0.02% of their portfolio SEOUL, M5 119,307119.3k $8.3m $8.3m 0.02% Added +53.6k +53,576
90 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 117,853117.9k $8.2m $8.2m 0.01% Added +32.1k +32,051
91 INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 3.16% of their portfolio GREENWOOD VILLAGE, CO 114,898114.9k $8.0m $8.0m 3.16% Reduced -6.7k -6,719
92 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 114,046114.0k $8.0m $8.0m 0.03% Reduced -17.8k -17,762
93 FLPUTNAM INVESTMENT MANAGEMENT CO 0.92% of their portfolio PORTLAND, ME 113,671113.7k $51.0m $51.0m 0.92% Added +112.0k +111,969
94 Trexquant Investment LP 0.10% of their portfolio STAMFORD, CT 113,627113.6k $7.9m $7.9m 0.10% New
95 National Pension Service 0.01% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 111,516111.5k $7.8m $7.8m 0.01% Reduced -12.5k -12,547
96 THOMPSON SIEGEL & WALMSLEY LLC 0.12% of their portfolio RICHMOND, VA 110,719110.7k $7.7m $7.7m 0.12% New
97 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 108,257108.3k $7.5m $7.5m 0.01% Reduced -117.9k -117,935
98 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 107,781107.8k $7.5m $7.5m 0.01% Reduced -44.5k -44,524
99 Swedbank AB 0.01% of their portfolio STOCKHOLM, V7 107,197107.2k $7.5m $7.5m 0.01% Added +18.1k +18,108
100 Zurcher Kantonalbank (Zurich Cantonalbank) 0.02% of their portfolio ZURICH, V8 104,916104.9k $7.3m $7.3m 0.02% Added +8.1k +8,092