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: 170.2m as of 2026-07-31, 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 ≈ $77.14. Options: 10 managers hold calls ($36.5m notional), 7 hold puts ($12.3m).
Trends to Q2 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 |
| Q2 2026 | 879 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2026 | 357 | 396 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $86.0m | $27.2m | 0.32 |
| Q4 2025 | $41.1m | $12.3m | 0.30 |
| Q1 2026 | $24.3m | $10.3m | 0.42 |
| Q2 2026 | $36.5m | $12.3m | 0.34 |
Biggest buyers
| DIMENSIONAL FUND ADVISORS LP | Added | +1.0m |
| Polar Capital Holdings Plc | New | +935.8k |
| JANE STREET GROUP, LLC | New | +666.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +659.6k |
| PFA Pension, Forsikringsaktieselskab | New | +440.7k |
| Independent Franchise Partners LLP | Added | +436.5k |
| D. E. Shaw & Co., Inc. | Added | +380.5k |
| AQR CAPITAL MANAGEMENT LLC | Added | +352.1k |
| MARSHALL WACE, LLP | New | +351.5k |
| Defilade Capital Management, L.P. | New | +316.5k |
Biggest sellers
| STATE STREET CORP | Reduced | -768.2k |
| BlackRock, Inc. | Reduced | -717.1k |
| CITADEL ADVISORS LLC | Reduced | -500.8k |
| Invesco Ltd. | Reduced | -480.0k |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Reduced | -475.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -447.5k |
| ACADIAN ASSET MANAGEMENT LLC | Sold out | -429.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -414.2k |
| Invenomic Capital Management LP | Sold out | -401.2k |
| Philosophy Capital Management LLC | Sold out | -357.0k |
Biggest calls
| Twin Tree Management, LP | Added | $10.8m140.2k shares |
| CITADEL ADVISORS LLC | Added | $7.2m93.6k shares |
| IMC-Chicago, LLC | Added | $4.3m56.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.0m51.2k shares |
| PEAK6 LLC | New | $3.9m50.0k shares |
| JANE STREET GROUP, LLC | Added | $3.8m49.3k shares |
| Walleye Capital LLC | Added | $1.3m17.2k shares |
| SIMPLEX TRADING, LLC | Added | $486.0k6.3k shares |
| BlueCrest Capital Management Ltd | New | $462.9k6.0k shares |
| TUDOR INVESTMENT CORP ET AL | New | $223.7k2.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.0m77.5k shares |
| Twin Tree Management, LP | Reduced | $4.1m52.5k shares |
| IMC-Chicago, LLC | Added | $918.1k11.9k shares |
| JANE STREET GROUP, LLC | New | $663.5k8.6k shares |
| Walleye Capital LLC | Reduced | $401.2k5.2k shares |
| CITADEL ADVISORS LLC | Reduced | $262.3k3.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $7.7k100 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 since 1 Apr 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Independent Franchise Partners LLP 8.18% of their portfolio | 16.2m $1.2bn | Added +436.5k |
| BlackRock, Inc. 0.01% of their portfolio | 9.8m $753.1m | Reduced -717.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 9.6m $742.6m | Added +22.9k |
| TRIAN FUND MANAGEMENT, L.P. 15.02% of their portfolio | 8.2m $635.5m | Unchanged |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 6.3m $488.3m | Reduced -61.7k |
| Davis Selected Advisers 2.09% of their portfolio | 6.3m $486.7m | Reduced -22.6k |
| STATE STREET CORP 0.01% of their portfolio | 5.6m $435.1m | Reduced -768.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 4.9m $378.3m | Added +158.4k |
| Boston Partners 0.28% of their portfolio | 4.0m $311.5m | Added +123.9k |
| Invesco Ltd. 0.02% of their portfolio | 3.3m $255.4m | Reduced -480.0k |
| FMR LLC 0.01% of their portfolio | 2.1m $160.4m | Added +209.1k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.11% of their portfolio | 2.1m $159.6m | Unchanged |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.20% of their portfolio | 1.9m $150.1m | Reduced -475.1k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.8m $140.2m | Added +1.0m |
| Madison Avenue Partners, LP 5.78% of their portfolio | 1.7m $134.3m | Reduced -134.5k |
| NORGES BANK 0.01% of their portfolio | 1.7m $132.2m | Not comparable |
| MORGAN STANLEY 0.01% of their portfolio | 1.5m $118.3m | Reduced -229.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.5m $117.5m | Added +3.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $107.1m | Reduced -151.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.3m $99.7m | Reduced -140.9k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 1.2m $92.6m | Added +659.6k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 1.1m $83.5m | Added +352.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 956.4k $73.8m | Added +135.4k |
| Polar Capital Holdings Plc 0.20% of their portfolio | 935.8k $72.2m | New |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 900.4k $69.5m | Reduced -18.8k |
| EQUITY INVESTMENT CORP 1.30% of their portfolio | 882.0k $68.0m | Added +106.2k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 826.2k $63.7m | Reduced -4.1k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 796.6k $61.5m | Added +19.6k |
| Ruffer LLP 2.12% of their portfolio | 776.5k $59.8m | Reduced -83.5k |
| Gotham Asset Management, LLC 0.14% of their portfolio | 763.4k $58.9m | Added +140.6k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 723.6k $55.8m | Added +30.5k |
| KBC Group NV 0.12% of their portfolio | 699.6k $54.0m | Added +66.8k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 666.3k $51.4m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 649.0k $51.3m | Added +41.1k |
| Nuveen, LLC 0.01% of their portfolio | 600.1k $46.3m | Added +218.0k |
| ANCHOR CAPITAL ADVISORS LLC 1.26% of their portfolio | 582.8k $45.0m | Reduced -7.5k |
| UBS Group AG 0.01% of their portfolio | 532.8k $41.1m | Reduced -100.2k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 526.4k $40.6m | Added +380.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 469.3k $36.2m | Reduced -414.2k |
| PFA Pension, Forsikringsaktieselskab 0.09% of their portfolio | 440.7k $34.0m | New |
| LONE PEAK GLOBAL INVESTORS LLC 4.60% of their portfolio | 433.1k $33.4m | Added +120.4k |
| US BANCORP \DE\ 0.04% of their portfolio | 429.4k $33.1m | Reduced -565 |
| PZENA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio | 417.8k $32.2m | Reduced -22.1k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 407.2k $31.4m | Added +72.8k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 400.1k $30.9m | Reduced -306.0k |
| HBK INVESTMENTS L P 0.35% of their portfolio | 388.0k $29.9m | Unchanged |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.48% of their portfolio | 379.4k $29.3m | Reduced -4.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 378.7k $29.2m | Added +31.4k |
| GENERAL AMERICAN INVESTORS CO INC 1.76% of their portfolio | 377.4k $29.1m | Unchanged |
| NUANCE INVESTMENTS, LLC 4.79% of their portfolio | 364.5k $28.1m | Reduced -306.6k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 351.5k $27.1m | New |
| Terril Brothers, Inc. 6.89% of their portfolio | 346.2k $26.7m | Added +980 |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 338.1k $26.1m | Added +9.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 324.4k $25.0m | Reduced -447.5k |
| Defilade Capital Management, L.P. 3.27% of their portfolio | 316.5k $24.4m | New |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 310.7k $24.0m | Reduced -2.7k |
| WESTWOOD HOLDINGS GROUP INC 0.17% of their portfolio | 298.9k $23.1m | Reduced -25.3k |
| Swiss National Bank 0.01% of their portfolio | 296.1k $22.8m | Reduced -162.1k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 277.8k $21.4m | Added +72.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 269.6k $20.8m | Reduced -15.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 266.1k $20.5m | Reduced -13.7k |
| Legal & General Group Plc 0.00% of their portfolio | 256.7k $19.8m | Reduced -331.3k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 247.8k $19.1m | New |
| Squarepoint Ops LLC 0.04% of their portfolio | 243.1k $18.8m | Added +239.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 240.8k $18.6m | Reduced -48.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 223.3k $17.2m | Reduced -17.3k |
| Quantinno Capital Management LP 0.02% of their portfolio | 219.1k $16.9m | Added +65.9k |
| QV Investors Inc. 1.30% of their portfolio | 218.7k $16.9m | Reduced -6.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 216.3k $16.7m | Added +455 |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 205.4k $15.8m | Reduced -19.6k |
| South Dakota Investment Council 0.27% of their portfolio | 203.4k $15.7m | Reduced -207 |
| CLARK ESTATES INC/NY 3.56% of their portfolio | 200.0k $15.4m | Reduced -90.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 185.8k $14.3m | Reduced -152.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 184.2k $14.2m | Reduced -165.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 183.3k $14.1m | Added +26.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.03% of their portfolio | 179.8k $13.9m | Added +26.4k |
| Bridgewater Associates, LP 0.06% of their portfolio | 177.9k $13.7m | Added +174.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 174.8k $13.5m | Reduced -72.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 172.8k $13.3m | Added +5.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 171.5k $13.2m | Reduced -67.6k |
| SG Americas Securities, LLC 0.01% of their portfolio | 169.3k $13.1m | Added +39.6k |
| BARCLAYS PLC 0.00% of their portfolio | 167.7k $12.9m | Reduced -191.2k |
| CITIGROUP INC 0.01% of their portfolio | 159.0k $12.3m | Added +18.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 156.5k $12.1m | Added +39.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 155.3k $10.1m | Reduced -31.4k |
| Amundi 0.00% of their portfolio | 153.6k $11.9m | Reduced -176.0k |
| APPLETON PARTNERS INC/MA 0.70% of their portfolio | 147.8k $11.4m | Added +6.1k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 141.9k $10.9m | Reduced -6.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 140.4k $10.8m | Added +62.3k |
| PARSONS CAPITAL MANAGEMENT INC/RI 0.44% of their portfolio | 125.4k $9.7m | Added +186 |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 124.1k $9.6m | Reduced -28.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 119.3k $9.2m | Added +48.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 119.1k $9.2m | Reduced -5.7k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 118.0k $9.1m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 116.5k $9.0m | Reduced -11.4k |
| Newport Trust Company, LLC 0.02% of their portfolio | 112.9k $8.7m | Reduced -4.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 110.8k $8.5m | Added +4.7k |
| INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 2.07% of their portfolio | 105.4k $8.1m | Reduced -11.9k |
| LPL Financial LLC 0.00% of their portfolio | 104.0k $8.0m | Added +14.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 102.9k $7.9m | Added +81.0k |