SOLVENTUM CORP SOLV
COM SHS · Common Stock · CUSIP 83444M101 · ISIN US83444M1018
American health care company spun off from 3M in 2024
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- HeadquartersEagan, MN
- Founded2024
- Websitesolventum.com
- FilingsSEC EDGAR
* 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 ($16.9m this quarter). Holder counts are more reliable. Shares outstanding: 173.2m as of 2026-04-30, 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 ≈ $65.30. Options: 8 managers hold calls ($24.3m notional), 7 hold puts ($10.3m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2024 | 67 |
| Q2 2024 | 908 |
| Q3 2024 | 943 |
| Q4 2024 | 944 |
| Q1 2025 | 918 |
| Q2 2025 | 891 |
| Q3 2025 | 870 |
| Q4 2025 | 941 |
| Q1 2026 | 883 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 865 | 30 |
| Q3 2024 | 316 | 540 |
| Q4 2024 | 268 | 513 |
| Q1 2025 | 294 | 470 |
| Q2 2025 | 293 | 446 |
| Q3 2025 | 331 | 352 |
| Q4 2025 | 354 | 377 |
| Q1 2026 | 339 | 408 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $115.1m | $33.6m | 0.29 |
| Q3 2025 | $86.0m | $27.2m | 0.32 |
| Q4 2025 | $41.1m | $12.3m | 0.30 |
| Q1 2026 | $24.3m | $10.3m | 0.42 |
Biggest buyers
| Invesco Ltd. | Added | +859.9k |
| EQUITY INVESTMENT CORP | New | +775.8k |
| CITADEL ADVISORS LLC | Added | +486.2k |
| Invenomic Capital Management LP | New | +401.2k |
| Independent Franchise Partners LLP | Added | +377.8k |
| GOLDMAN SACHS GROUP INC | Added | +334.4k |
| Gotham Asset Management, LLC | Added | +331.5k |
| WESTWOOD HOLDINGS GROUP INC | New | +324.2k |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Added | +311.2k |
| AQR CAPITAL MANAGEMENT LLC | Added | +260.8k |
Biggest sellers
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -937.8k |
| JENNISON ASSOCIATES LLC | Sold out | -625.8k |
| Balyasny Asset Management L.P. | Sold out | -448.2k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -312.8k |
| Assenagon Asset Management S.A. | Reduced | -280.7k |
| Ratan Capital Management LP | Reduced | -230.6k |
| HSBC HOLDINGS PLC | Reduced | -229.3k |
| Boston Partners | Reduced | -171.4k |
| MARSHALL WACE, LLP | Sold out | -160.5k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT | Sold out | -147.3k |
Biggest calls
| Twin Tree Management, LP | Added | $8.0m122.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.7m103.3k shares |
| CITADEL ADVISORS LLC | Added | $3.8m58.2k shares |
| IMC-Chicago, LLC | Added | $3.3m50.8k shares |
| JANE STREET GROUP, LLC | Reduced | $986.0k15.1k shares |
| Walleye Capital LLC | Added | $816.2k12.5k shares |
| SIMPLEX TRADING, LLC | Added | $359.1k5.5k shares |
| GROUP ONE TRADING LLC | Reduced | $346.1k5.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.7m72.6k shares |
| Twin Tree Management, LP | New | $3.5m53.8k shares |
| Walleye Capital LLC | New | $999.1k15.3k shares |
| IMC-Chicago, LLC | Reduced | $522.4k8.0k shares |
| CITADEL ADVISORS LLC | Reduced | $326.5k5.0k shares |
| SIMPLEX TRADING, LLC | Added | $117.5k1.8k shares |
| GROUP ONE TRADING LLC | Reduced | $32.6k500 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 |
|---|---|
| 3M CO 13G · exempt (held before listing) -5.1 pts · filed 2025-08-18 | 14.8% |
| Independent Franchise Partners LLP 13G · institution +1.4 pts · filed 2026-01-27 | 8.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 6.3% |
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 Q1 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $100.3k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-10 | Wendell Amy McBride Director | Bought | $100.3k1.5k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Independent Franchise Partners LLP 7.19% of their portfolio | 15.7m $1.0bn | Added +377.8k |
| BlackRock, Inc. 0.01% of their portfolio | 10.5m $684.3m | Added +171.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 9.6m $627.0m | First filing |
| TRIAN FUND MANAGEMENT, L.P. 13.93% of their portfolio | 8.2m $537.9m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 6.4m $418.4m | Added +62.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 6.4m $417.3m | First filing |
| Davis Selected Advisers 1.90% of their portfolio | 6.3m $413.4m | Added +110.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 4.8m $309.3m | Added +163.5k |
| Boston Partners 0.27% of their portfolio | 3.9m $255.6m | Reduced -171.4k |
| Invesco Ltd. 0.02% of their portfolio | 3.8m $247.5m | Added +859.9k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.99% of their portfolio | 2.4m $158.0m | Added +311.2k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.11% of their portfolio | 2.1m $135.1m | Unchanged |
| Madison Avenue Partners, LP 5.33% of their portfolio | 1.9m $122.5m | Reduced -112.3k |
| FMR LLC 0.01% of their portfolio | 1.9m $122.1m | Reduced -75.5k |
| MORGAN STANLEY 0.01% of their portfolio | 1.8m $115.1m | Added +102.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.5m $100.5m | Added +3.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.5m $99.2m | Added +40.4k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.4m $93.6m | Added +9.1k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 919.3k $59.9m | Added +126.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 883.5k $57.7m | Reduced -85.1k |
| Ruffer LLP 2.30% of their portfolio | 860.0k $56.3m | Added +245.4k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 830.3k $54.2m | First filing |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 821.0k $53.6m | Added +334.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 777.0k $50.7m | Reduced -33.9k |
| EQUITY INVESTMENT CORP 0.99% of their portfolio | 775.8k $50.7m | New |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 774.7k $50.6m | Added +236.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 771.9k $50.4m | Added +45.0k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 730.0k $47.2m | Added +260.8k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 706.1k $46.1m | Added +64.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 693.1k $45.3m | Reduced -937.8k |
| NUANCE INVESTMENTS, LLC 6.11% of their portfolio | 671.2k $43.8m | Added +29.1k |
| UBS Group AG 0.01% of their portfolio | 633.0k $41.3m | Reduced -114.9k |
| KBC Group NV 0.10% of their portfolio | 632.8k $41.3m | Added +170.4k |
| Gotham Asset Management, LLC 0.12% of their portfolio | 622.8k $40.7m | Added +331.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 607.9k $38.6m | Added +29.4k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 599.1k $39.1m | Added +486.2k |
| ANCHOR CAPITAL ADVISORS LLC 1.10% of their portfolio | 590.3k $38.5m | Added +2.4k |
| Legal & General Group Plc 0.01% of their portfolio | 588.1k $38.4m | Added +37.3k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 540.3k $35.3m | Added +42.9k |
| Swiss National Bank 0.02% of their portfolio | 458.2k $29.9m | Added +31.6k |
| PZENA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio | 439.9k $28.7m | Added +4.6k |
| US BANCORP \DE\ 0.03% of their portfolio | 430.0k $28.1m | Reduced -14.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 429.1k $28.0m | Added +203.3k |
| Invenomic Capital Management LP 1.21% of their portfolio | 401.2k $26.2m | New |
| HBK INVESTMENTS L P 0.32% of their portfolio | 388.0k $25.3m | Unchanged |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.46% of their portfolio | 383.7k $25.1m | Added +53.1k |
| Nuveen, LLC 0.01% of their portfolio | 382.1k $25.0m | Added +66.8k |
| GENERAL AMERICAN INVESTORS CO INC 1.63% of their portfolio | 377.4k $24.6m | Unchanged |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 362.4k $23.7m | Reduced -280.7k |
| BARCLAYS PLC 0.01% of their portfolio | 358.9k $23.4m | Added +95.5k |
| Philosophy Capital Management LLC 2.72% of their portfolio | 357.0k $23.3m | Added +4.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio | 349.2k $22.8m | Added +79.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 347.3k $22.7m | Added +111.4k |
| Terril Brothers, Inc. 6.16% of their portfolio | 345.2k $22.5m | Added +73.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 338.0k $22.1m | Added +30.1k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 334.4k $21.8m | Added +122.0k |
| Amundi 0.01% of their portfolio | 329.6k $21.5m | Added +50.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 328.8k $21.5m | Added +99.2k |
| WESTWOOD HOLDINGS GROUP INC 0.15% of their portfolio | 324.2k $21.2m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 321.1k $21.0m | Added +22.1k |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 313.4k $20.5m | First filing |
| LONE PEAK GLOBAL INVESTORS LLC 3.40% of their portfolio | 312.8k $20.4m | Added +4.1k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 291.8k $19.1m | Added +171.5k |
| CLARK ESTATES INC/NY 4.55% of their portfolio | 290.0k $18.9m | Added +75.0k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 288.9k $18.9m | Added +13.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 285.2k $18.6m | Added +21.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 279.8k $18.3m | Added +26.5k |
| QVIDTVM Management LLC 21.32% of their portfolio | 265.6k $17.3m | Reduced -25.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 247.3k $16.1m | Reduced -5.7k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 240.6k $15.7m | Added +185.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 239.2k $15.6m | Reduced -9.1k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 225.0k $14.7m | Reduced -229.3k |
| QV Investors Inc. 1.19% of their portfolio | 224.7k $14.7m | Reduced -14.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 215.9k $14.1m | Reduced -683 |
| Allianz Asset Management GmbH 0.02% of their portfolio | 205.8k $13.4m | Reduced -2.6k |
| South Dakota Investment Council 0.25% of their portfolio | 203.6k $13.3m | Added +2.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 186.7k $14.8m | Added +28.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 179.3k $11.7m | Added +4.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 167.8k $11.0m | Added +5.1k |
| ExodusPoint Capital Management, LP 0.11% of their portfolio | 163.8k $10.7m | Added +86.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 156.6k $10.2m | Added +22.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.03% of their portfolio | 153.4k $10.0m | Added +28.9k |
| Quantinno Capital Management LP 0.02% of their portfolio | 153.2k $10.0m | Added +35.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 152.2k $9.9m | Added +34.6k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 148.7k $9.7m | Reduced -9.2k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 145.9k $9.5m | Reduced -52.1k |
| APPLETON PARTNERS INC/MA 0.65% of their portfolio | 141.7k $9.3m | Added +53.2k |
| CITIGROUP INC 0.01% of their portfolio | 140.6k $9.2m | Reduced -20.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 140.0k $9.1m | New |
| Freestone Grove Partners LP 0.06% of their portfolio | 131.3k $8.6m | Added +6.3k |
| SG Americas Securities, LLC 0.01% of their portfolio | 129.7k $8.5m | Added +36.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 127.9k $8.4m | Unchanged |
| PARSONS CAPITAL MANAGEMENT INC/RI 0.37% of their portfolio | 125.2k $8.2m | Added +170 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 124.9k $8.2m | Added +2.4k |
| Munich Reinsurance Co Stock Corp in Munich 0.19% of their portfolio | 121.4k $7.9m | New |
| AVIVA PLC 0.01% of their portfolio | 118.9k $7.8m | Added +1.6k |
| Newport Trust Company, LLC 0.02% of their portfolio | 117.4k $7.7m | Reduced -2.8k |
| INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 2.08% of their portfolio | 117.3k $7.7m | Reduced -62.8k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 117.1k $7.6m | Reduced -8.2k |
| Strong Tower Advisory Services 1.38% of their portfolio | 112.7k $7.4m | Added +5.3k |