Vault-13

SUNRISE COMMUNICATIONS AG SNRE

ADS CL A · ADR · CUSIP 867975104

166 institutional holders -20 vs Q1 2025
8,660,7408.7m shares reported held*
$489.9mreported value*
15 new 30 added 53 reduced 36 sold out net sold ≈ $71.2m (-1.3m 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 ($2.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.56. Options: 1 managers hold calls ($265.8k notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q4 24: 230Q1 25: 186Q2 25: 166166Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q4 2024230
Q1 2025186
Q2 2025166

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 25: 51 bought or addedQ1 25: 143 cut or sold outQ1 25Q2 25: 45 bought or addedQ2 25: 89 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q1 202551143
Q2 20254589

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $280.0kQ4 24 puts: $4.4mQ4 24P/C 15.65Q1 25 calls: $231.8kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $265.8kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$280.0k$4.4m15.65
Q1 2025$231.8k$00.00
Q2 2025$265.8k$00.00

Biggest buyers

JPMORGAN CHASE & CO Added +157,223+157.2k
MORGAN STANLEY Added +111,568+111.6k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +51,499+51.5k
RENAISSANCE TECHNOLOGIES LLC Added +46,700+46.7k
Point72 Asset Management, L.P. New +37,900+37.9k
HSBC HOLDINGS PLC New +37,323+37.3k
BNP PARIBAS FINANCIAL MARKETS Added +36,051+36.1k
CITADEL ADVISORS LLC Added +29,365+29.4k
Qube Research & Technologies Ltd Added +28,309+28.3k
Man Group plc Added +26,264+26.3k

Biggest sellers

FIRST WILSHIRE SECURITIES MANAGEMENT INC Sold out -227,614-227.6k
DIMENSIONAL FUND ADVISORS LP Reduced -143,716-143.7k
Long Focus Capital Management, LLC Sold out -138,399-138.4k
Optiver Holding B.V. Reduced -107,295-107.3k
ACR Alpine Capital Research, LLC Sold out -104,817-104.8k
Hi-Line Capital Management, LLC Reduced -100,784-100.8k
S&CO INC Reduced -80,804-80.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -80,266-80.3k
GEODE CAPITAL MANAGEMENT, LLC Reduced -75,445-75.4k
OLD MISSION CAPITAL LLC Reduced -74,916-74.9k

Biggest calls

Walleye Trading LLC Reduced $265.8k4.7k shares

Biggest puts

Walleye Trading LLC Unchanged $00 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
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME 13G · institution new · filed 2025-07-17 5.0% new 3.5m 2025-07-17

Fell to 5% or below in the last year: BAUPOST GROUP LLC/MA (3.1%, 2026-02-04)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Dodge & Cox 0.07% of their portfolio San Francisco, CA 2,289,9252.3m $129.5m $129.5m 0.07% Unchanged
2 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,716,1381.7m $97.0m $97.0m 0.02% Reduced -143.7k -143,716
3 RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio NEW YORK, NY 603,557603.6k $34.1m $34.1m 0.05% Added +46.7k +46,700
4 Wallace Capital Management Inc. 3.16% of their portfolio DALLAS, TX 410,575410.6k $23.2m $23.2m 3.16% Reduced -10.6k -10,625
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 367,056367.1k $20.8m $20.8m 0.01% Added +51.5k +51,499
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 246,706246.7k $14.0m $14.0m 0.00% Added +111.6k +111,568
7 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 222,813222.8k $12.6m $12.6m 0.01% Reduced -1.7k -1,731
8 SG Americas Securities, LLC 0.05% of their portfolio NEW YORK, NY 203,585203.6k $11.5m $11.5m 0.05% Added +15.7k +15,701
9 Wilmington Savings Fund Society, FSB 0.20% of their portfolio WILMINGTON, DE 203,028203.0k $11.5m $11.5m 0.20% Unchanged
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 181,881181.9k $10.3m $10.3m 0.00% Added +11.9k +11,937
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 175,983176.0k $10.0m $10.0m 0.00% Added +157.2k +157,223
12 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 170,849170.8k $9.7m $9.7m 0.00% Unchanged
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 143,726143.7k $8.1m $8.1m 0.00% Reduced -66.7k -66,675
14 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 112,398112.4k $6.4m $6.4m 0.01% Added +28.3k +28,309
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 107,258107.3k $6.1m $6.1m 0.00% Added +2.6k +2,566
16 Hi-Line Capital Management, LLC 1.99% of their portfolio WATERTOWN, SD 99,44699.4k $5.6m $5.6m 1.99% Reduced -100.8k -100,784
17 KEATING INVESTMENT COUNSELORS INC 1.22% of their portfolio DELRAY BEACH, FL 71,26371.3k $4.0m $4.0m 1.22% Reduced -785 -785
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 70,22370.2k $4.0m $4.0m 0.00% Added +4.1k +4,107
19 Hall Kathryn A. 2.03% of their portfolio SAN FRANCISCO, CA 64,81764.8k $3.7m $3.7m 2.03% Unchanged
20 Sequoia Financial Advisors, LLC 0.02% of their portfolio Akron, OH 64,19864.2k $3.6m $3.6m 0.02% Reduced -2.6k -2,590
21 Man Group plc 0.01% of their portfolio LONDON, X0 55,91455.9k $3.2m $3.2m 0.01% Added +26.3k +26,264
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 54,53454.5k $3.1m $3.1m 0.00% Reduced -80.3k -80,266
23 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 53,98954.0k $3.1m $3.1m 0.03% Reduced -25.2k -25,200
24 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 51,58551.6k $2.9m $2.9m 0.00% Added +29.4k +29,365
25 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 48,34448.3k $2.7m $2.7m 0.00% Added +36.1k +36,051
26 S&CO INC 0.17% of their portfolio BOSTON, MA 47,95748.0k $2.7m $2.7m 0.17% Reduced -80.8k -80,804
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 47,63647.6k $2.7m $2.7m 0.00% Added +9.6k +9,594
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 47,03547.0k $2.7m $2.7m 0.00% Reduced -1.3k -1,267
29 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 46,64746.6k $2.6m $2.6m 0.01% Unchanged
30 ABC ARBITRAGE SA 0.25% of their portfolio PARIS, I0 38,68838.7k $2.2m $2.2m 0.25% Reduced -12.3k -12,273
31 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 37,90037.9k $2.1m $2.1m 0.01% New
32 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 37,32337.3k $2.1m $2.1m 0.00% New
33 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 31,65531.7k $1.8m $1.8m 0.00% Reduced -37.0k -36,975
34 Empowered Funds, LLC 0.02% of their portfolio NEWTOWN SQUARE, PA 31,29431.3k $1.8m $1.8m 0.02% Added +291 +291
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 26,85226.9k $1.5m $1.5m 0.00% Added +13.7k +13,719
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 26,58226.6k $1.5m $1.5m 0.00% Added +21.5k +21,484
37 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 24,62024.6k $1.4m $1.4m 0.01% Added +883 +883
38 FORMULA GROWTH LTD 0.48% of their portfolio MONTREAL, A8 22,54022.5k $1.3m $1.3m 0.48% Reduced -6.0k -6,000
39 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 21,71021.7k $1.2m $1.2m 0.00% Added +163 +163
40 Arnhold LLC 0.11% of their portfolio New York, NY 21,44721.4k $1.2m $1.2m 0.11% Unchanged
41 JTC Employer Solutions Trustee Ltd 0.11% of their portfolio ST HELIER, Y9 21,22021.2k $1.2m $1.2m 0.11% Reduced -10.0k -10,007
42 Jasper Ridge Partners, L.P. 0.03% of their portfolio MENLO PARK, CA 20,84020.8k $1.2m $1.2m 0.03% Unchanged
43 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 17,70217.7k $1.0m $1.0m 0.01% New
44 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 16,80016.8k $950.0k $950.0k 0.00% Added +2.1k +2,100
45 Catalyst Funds Management Pty Ltd 0.24% of their portfolio SYDNEY NSW, C3 15,30615.3k $865.6k $865.6k 0.24% Reduced -31.3k -31,313
46 AIRE ADVISORS, LLC 0.17% of their portfolio BEVERLY HILLS, CA 15,28015.3k $864.1k $864.1k 0.17% Unchanged
47 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 11,80011.8k $667.3k $667.3k 0.00% Added +5.4k +5,400
48 Samalin Investment Counsel, LLC 0.25% of their portfolio CHAPPAQUA, NY 11,42411.4k $646.1k $646.1k 0.25% New
49 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,36011.4k $642.4k $642.4k 0.00% Reduced -5.1k -5,080
50 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 11,28311.3k $792.5k $792.5k 0.01% Added +4.7k +4,667
51 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,74010.7k $603.4k $603.4k 0.00% Reduced -73 -73
52 Clearstead Advisors, LLC 0.01% of their portfolio CLEVELAND, OH 10,69610.7k $604.9k $604.9k 0.01% Unchanged
53 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 10,29210.3k $582.0k $582.0k 0.00% Reduced -75.4k -75,445
54 Virtu Financial LLC 0.03% of their portfolio New York, NY 9,6929.7k $548.0k $548.0k 0.03% New
55 Bleichroeder LP 0.13% of their portfolio NEW YORK, NY 9,2609.3k $523.7k $523.7k 0.13% Unchanged
56 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 9,1219.1k $515.8k $515.8k 0.00% Reduced -1.5k -1,518
57 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 9,0919.1k $514.1k $514.1k 0.00% Added +1.2k +1,155
58 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 8,9498.9k $506.0k $506.0k 0.04% Reduced -24.7k -24,663
59 Mariner, LLC 0.00% of their portfolio Overland Park, KS 8,7898.8k $497.0k $497.0k 0.00% Reduced -1.4k -1,388
60 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 8,2708.3k $467.7k $467.7k 0.00% Reduced -5.6k -5,583
61 SIH Partners, LLLP 0.04% of their portfolio Wilmington, DE 8,0378.0k $454.5k $454.5k 0.04% Reduced -4.0k -3,980
62 Balefire, LLC 0.10% of their portfolio DALLAS, TX 7,9147.9k $447.5k $447.5k 0.10% Reduced -9.8k -9,787
63 FMR LLC 0.00% of their portfolio BOSTON, MA 7,7597.8k $438.8k $438.8k 0.00% Reduced -427 -427
64 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 7,0847.1k $400.6k $400.6k 0.00% Reduced -2.7k -2,722
65 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 6,9927.0k $395.4k $395.4k 0.00% Reduced -8 -8
66 Harbor Advisors LLC 0.06% of their portfolio West Palm Beach, FL 6,8726.9k $388.6k $388.6k 0.06% Unchanged
67 Pavion Blue Capital, LLC 0.16% of their portfolio NEWPORT BEACH, CA 6,4126.4k $362.6k $362.6k 0.16% Reduced -152 -152
68 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 6,3066.3k $356.6k $356.6k 0.00% New
69 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 5,6315.6k $318.4k $318.4k 0.00% Unchanged
70 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 5,5455.5k $313.6k $313.6k 0.01% Reduced -74.9k -74,916
71 PRIVATE MANAGEMENT GROUP INC 0.01% of their portfolio IRVINE, CA 5,1045.1k $288.6k $288.6k 0.01% Added +2 +2
72 Almanack Investment Partners, LLC. 0.04% of their portfolio WAYNE, PA 4,9304.9k $278.8k $278.8k 0.04% New
73 RMR Wealth Builders 0.02% of their portfolio Montclair, NJ 4,6284.6k $261.7k $261.7k 0.02% Unchanged
74 Waldron Private Wealth LLC 0.01% of their portfolio BRIDGEVILLE, PA 4,4804.5k $253.3k $253.3k 0.01% Reduced -118 -118
75 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 4,2934.3k $242.8k $242.8k 0.00% Reduced -28.6k -28,646
76 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 4,1864.2k $236.7k $236.7k 0.00% Reduced -40 -40
77 Autumn Glory Partners, LLC 0.11% of their portfolio DALLAS, TX 4,1794.2k $236.3k $236.3k 0.11% Unchanged
78 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,9834.0k $225.3k $225.3k 0.00% Reduced -44 -44
79 WITTENBERG INVESTMENT MANAGEMENT, INC. 0.10% of their portfolio CARLISLE, MA 3,9203.9k $221.7k $221.7k 0.10% Reduced -6.6k -6,620
80 KLP KAPITALFORVALTNING AS 0.00% of their portfolio OSLO, Q8 3,8403.8k $217.2k $217.2k 0.00% Unchanged
81 Optiver Holding B.V. 0.01% of their portfolio AMSTERDAM, P7 3,8233.8k $216.2k $216.2k 0.01% Reduced -107.3k -107,295
82 Councilmark Asset Management, LLC 0.14% of their portfolio KNOXVILLE, TN 3,8193.8k $216.0k $216.0k 0.14% New
83 Northeast Financial Consultants Inc 0.01% of their portfolio WESTPORT, CT 3,5443.5k $200.4k $200.4k 0.01% New
84 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,1933.2k $180.6k $180.6k 0.00% Reduced -55.2k -55,232
85 Central Pacific Bank - Trust Division 0.02% of their portfolio HONOLULU, HI 3,1003.1k $175.3k $175.3k 0.02% Reduced -300 -300
86 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 2,5742.6k $145.6k $145.6k 0.00% Reduced -4.3k -4,320
87 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 2,4342.4k $137.6k $137.6k 0.00% Reduced -604 -604
88 Chou Associates Management Inc. 0.07% of their portfolio TORONTO, A6 2,4002.4k $135.7k $135.7k 0.07% Unchanged
89 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,1652.2k $122.4k $122.4k 0.00% Reduced -3 -3
90 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 2,1622.2k $122.3k $122.3k 0.00% Unchanged
91 TRUST CO OF VERMONT 0.01% of their portfolio BRATTLEBORO, VT 1,9802.0k $112.0k $112.0k 0.01% Reduced -1.4k -1,400
92 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,8121.8k $102.5k $102.5k 0.00% Unchanged
93 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio DENVER, CO 1,6391.6k $93.0k $93.0k 0.00% Reduced -2.6k -2,572
94 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,5601.6k $88.2k $88.2k 0.00% Added +1.0k +1,021
95 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,5261.5k $86.3k $86.3k 0.00% Reduced -142 -142
96 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,4601.5k $82.6k $82.6k 0.00% Reduced -159 -159
97 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 1,1391.1k $64.0k $64.0k 0.00% Unchanged
98 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0101.0k $57.1k $57.1k 0.00% Unchanged
99 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 587587 $33.2k $33.2k 0.00% Added +347 +347
100 Deseret Mutual Benefit Administrators 0.02% of their portfolio SALT LAKE CITY, UT 575575 $32.5k $32.5k 0.02% Unchanged