SUZANO S A SUZ
SPON ADS · ADR · CUSIP 86959K105
Brazilian paper and pulp producer
- SectorMaterials
- IndustryPaper Mills
- HeadquartersSalvador, Brazil
- Founded1924
- Websitesuzano.com.br
- 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 ($274.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.76. Options: 2 managers hold calls ($2.7m notional), 5 hold puts ($6.6m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 95 |
| Q4 2022 | 103 |
| Q1 2023 | 97 |
| Q2 2023 | 106 |
| Q3 2023 | 108 |
| Q4 2023 | 121 |
| Q1 2024 | 128 |
| Q2 2024 | 127 |
| Q3 2024 | 126 |
| Q4 2024 | 123 |
| Q1 2025 | 138 |
| Q2 2025 | 133 |
| Q3 2025 | 129 |
| Q4 2025 | 131 |
| Q1 2026 | 144 |
| Q2 2026 | 136 |
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 | 61 | 60 |
| Q4 2024 | 66 | 45 |
| Q1 2025 | 73 | 49 |
| Q2 2025 | 70 | 60 |
| Q3 2025 | 60 | 72 |
| Q4 2025 | 68 | 57 |
| Q1 2026 | 101 | 44 |
| Q2 2026 | 74 | 78 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $4.7m | $5.0m | 1.06 |
| Q4 2025 | $4.7m | $4.6m | 0.99 |
| Q1 2026 | $15.4m | $5.4m | 0.35 |
| Q2 2026 | $2.7m | $6.6m | 2.47 |
Biggest buyers
| Atlas FRM LLC | Added | +5.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +4.2m |
| COMPASS ROSE ASSET MANAGEMENT, LP | Added | +865.0k |
| TWO SIGMA INVESTMENTS, LP | Added | +663.9k |
| JANE STREET GROUP, LLC | Added | +628.7k |
| Kapitalo Investimentos Ltda | Added | +614.4k |
| STATE STREET CORP | Added | +466.5k |
| NORTHERN TRUST CORP | Added | +460.0k |
| JPMORGAN CHASE & CO | Added | +456.3k |
| UBS Group AG | Added | +428.9k |
Biggest sellers
| DEUTSCHE BANK AG\ | Reduced | -7.1m |
| CITADEL ADVISORS LLC | Reduced | -1.6m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.1m |
| MILLENNIUM MANAGEMENT LLC | Sold out | -953.6k |
| MORGAN STANLEY | Reduced | -907.6k |
| Jain Global LLC | Sold out | -504.2k |
| Point72 Asset Management, L.P. | Sold out | -409.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -400.6k |
| NS Partners Ltd | Sold out | -390.9k |
| Itau Unibanco Holding S.A. | Reduced | -329.7k |
Biggest calls
| UBS Group AG | Reduced | $2.6m330.0k shares |
| JANE STREET GROUP, LLC | New | $118.7k15.3k shares |
Biggest puts
| UBS Group AG | Added | $6.3m810.0k shares |
| JANE STREET GROUP, LLC | Added | $130.4k16.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $110.2k14.2k shares |
| CITADEL ADVISORS LLC | Reduced | $96.2k12.4k shares |
| SIMPLEX TRADING, LLC | New | $2.3k300 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 |
|---|---|
Suzano Holding S.A.
13D · may seek influence
new · filed 2026-08-24
Stated purposeItem 6 of this Schedule 13D is hereby incorporated herein by reference. The Fanny Parties and SH entered into a shareholders' agreement, effective as of August 20, 2026 (the "Fanny Parties Shareholders' Agreement") regulating, among other provisions, the gradual replacement of shares held by the Fanny Parties in the share capital of SH with Shares issued by the Issuer held by SH, proportionately to the Fanny Parties' shareholding in SH, resulting in the exit of the Fanny Parties from the share capital of SH. Such replacement is to be carried out over a period of 20 years through reductions in SH's capital with the cancellation of SH-issued shares held by the Fanny Parties, and delivery by SH to the Fanny Parties, at book value, of Shares issued by the Issuer held by SH (the "SH Corporate… Full filing |
45.7% |
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.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Atlas FRM LLC 8.08% of their portfolio | 24.3m $188.7m | Added +5.2m |
| STATE STREET CORP 0.00% of their portfolio | 6.8m $52.6m | Added +466.5k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 5.5m $42.8m | Reduced -7.1m |
| UBS Group AG 0.01% of their portfolio | 5.3m $41.0m | Added +428.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 4.2m $32.7m | Added +4.2m |
| DYNAMO INTERNACIONAL GESTAO DE RECURSOS LTDA. 8.42% of their portfolio | 2.6m $19.9m | Reduced -27.7k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 2.5m $19.6m | Added +213.4k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $14.0m | Reduced -907.6k |
| COMPASS ROSE ASSET MANAGEMENT, LP 3.69% of their portfolio | 1.7m $13.3m | Added +865.0k |
| Kapitalo Investimentos Ltda 1.04% of their portfolio | 1.7m $13.3m | Added +614.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.3m $9.9m | Added +460.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $9.2m | Reduced -1.1m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $8.7m | Added +456.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 1.1m $8.2m | Added +628.7k |
| Ramirez Asset Management, Inc. 0.76% of their portfolio | 939.5k $7.3m | Added +15.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 844.2k $6.6m | Added +314.4k |
| BlackRock, Inc. 0.00% of their portfolio | 836.0k $6.5m | Added +110.6k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 726.4k $5.6m | Added +663.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 678.3k $5.3m | Reduced -36.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 610.9k $4.7m | Added +7.4k |
| Waterfront Wealth Inc. 0.64% of their portfolio | 508.8k $4.1m | Added +103.4k |
| Itau Unibanco Holding S.A. 0.08% of their portfolio | 498.8k $3.9m | Reduced -329.7k |
| Metis Global Partners, LLC 0.07% of their portfolio | 419.3k $3.3m | Added +55.2k |
| Seafarer Capital Partners, LLC 0.72% of their portfolio | 400.0k $3.1m | Added +35.0k |
| Navi International - Administradora e Gestora de Recursos Financeiros Ltda. 1.95% of their portfolio | 356.1k $2.8m | Reduced -11 |
| Naman Capital Ltda 0.83% of their portfolio | 344.5k $2.7m | Unchanged |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio | 323.4k $2.5m | Added +144.9k |
| Jupiter Topco LLC 0.00% of their portfolio | 287.0k $2.2m | First filing |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 287.0k $2.2m | Reduced -1.6m |
| Creative Planning 0.00% of their portfolio | 268.7k $2.1m | Added +175.6k |
| BRANDES INVESTMENT PARTNERS, LP 0.01% of their portfolio | 267.7k $2.1m | Reduced -1.8k |
| Lighthouse Investment Partners, LLC 0.06% of their portfolio | 264.7k $2.1m | Added +195.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 249.6k $1.9m | Added +4.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 245.5k $1.9m | Reduced -400.6k |
| BTG Pactual Asset Management US LLC 0.12% of their portfolio | 197.3k $1.6m | Added +15.2k |
| CI INVESTMENTS INC. 0.00% of their portfolio | 171.2k $1.3m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 144.9k $1.1m | Unchanged |
| Fisher Asset Management, LLC 0.00% of their portfolio | 111.8k $867.3k | Reduced -38.9k |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 111.1k $861.8k | Added +45.1k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 93.0k $721.4k | Added +4.5k |
| CITIGROUP INC 0.00% of their portfolio | 91.2k $707.6k | Added +3.2k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 85.2k $661.1k | Reduced -20.2k |
| GRACE & WHITE INC /NY 0.10% of their portfolio | 79.8k $619.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 74.6k $578.0k | Reduced -1.5k |
| Tidal Investments LLC 0.00% of their portfolio | 74.5k $578.0k | Added +1.4k |
| XTX Topco Ltd 0.01% of their portfolio | 70.3k $545.7k | Added +12.0k |
| ANTIPODES PARTNERS Ltd 0.01% of their portfolio | 70.0k $543.5k | Reduced -187.1k |
| Boston Partners 0.00% of their portfolio | 68.3k $529.9k | Reduced -235.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 66.7k $517.7k | Added +1.9k |
| Quantinno Capital Management LP 0.00% of their portfolio | 58.7k $455.3k | Reduced -96.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 56.1k $435.0k | Added +23.1k |
| Engineers Gate Manager LP 0.01% of their portfolio | 53.2k $412.8k | Added +4.9k |
| Campbell & CO Investment Adviser LLC 0.02% of their portfolio | 52.9k $410.4k | New |
| Savant Capital, LLC 0.00% of their portfolio | 51.9k $495.4k | Added +10.3k |
| Comprehensive Money Management Services LLC 0.24% of their portfolio | 49.0k $380.2k | New |
| Nuveen, LLC 0.00% of their portfolio | 40.0k $310.2k | New |
| SPX Gestao de Recursos Ltda 0.03% of their portfolio | 37.6k $291.9k | Reduced -12.3k |
| VPR Management LLC 0.10% of their portfolio | 33.6k $260.8k | Unchanged |
| MOODY NATIONAL BANK TRUST DIVISION 0.02% of their portfolio | 33.3k $258.5k | Reduced -352 |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 32.4k $251.5k | Added +8.6k |
| EntryPoint Capital, LLC 0.06% of their portfolio | 31.1k $241.5k | Reduced -18.3k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 30.6k $237.3k | New |
| Nykredit A/S 0.00% of their portfolio | 29.5k $228.6k | First filing |
| Centiva Capital, LP 0.01% of their portfolio | 26.8k $208.0k | Reduced -36.5k |
| Arkfeld Wealth Strategies, L.L.C. 0.06% of their portfolio | 23.3k $185.7k | Reduced -2.8k |
| PROFUND ADVISORS LLC 0.00% of their portfolio | 22.4k $173.9k | Reduced -8.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 21.5k $152.7k | Added +9.7k |
| Ethic Inc. 0.00% of their portfolio | 21.4k $166.4k | New |
| HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio | 21.2k $165.0k | Reduced -15.8k |
| Vident Advisory, LLC 0.00% of their portfolio | 20.7k $160.8k | Reduced -12.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 19.7k $151.2k | New |
| SmartHarvest Portfolios, LLC 0.05% of their portfolio | 19.3k $149.6k | Added +7.1k |
| R Squared Ltd 0.08% of their portfolio | 18.9k $146.3k | New |
| Quantbot Technologies LP 0.01% of their portfolio | 18.7k $145.4k | Reduced -42.6k |
| Graham Capital Management, L.P. 0.00% of their portfolio | 18.3k $141.9k | New |
| GROUPAMA ASSET MANAGMENT 0.00% of their portfolio | 17.8k $136.6k | Added +560 |
| Mariner, LLC 0.00% of their portfolio | 17.5k $136.2k | Reduced -24.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 16.3k $126.2k | Added +790 |
| Axxion S.A. 0.01% of their portfolio | 15.5k $120.3k | First filing |
| Squarepoint Ops LLC 0.00% of their portfolio | 14.5k $112.7k | Added +3.6k |
| Ballentine Partners, LLC 0.00% of their portfolio | 14.1k $109.2k | Reduced -2.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 13.1k $101.5k | Added +1.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 12.9k $100.4k | Reduced -3.0k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 12.9k $100.6k | Reduced -6.6k |
| ENDEAVOR PRIVATE WEALTH, INC. 0.02% of their portfolio | 12.7k $98.9k | New |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 12.7k $98.8k | Reduced -48.2k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 12.3k $95.4k | Reduced -3.0k |
| Caitong International Asset Management Co., Ltd 0.01% of their portfolio | 12.2k $94.5k | Reduced -13.1k |
| CHOREO, LLC 0.00% of their portfolio | 11.3k $87.6k | Reduced -2.1k |
| BARCLAYS PLC 0.00% of their portfolio | 10.7k $82.6k | Reduced -49.5k |
| Vise Technologies, Inc. 0.00% of their portfolio | 10.5k $81.6k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 10.1k $78.4k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 10.0k $77.8k | Reduced -9.6k |
| Compagnie Lombard Odier SCmA 0.00% of their portfolio | 9.6k $74.1k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 8.7k $67.4k | Added +2.2k |
| US BANCORP \DE\ 0.00% of their portfolio | 8.4k $65.3k | Added +2.9k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 6.0k $46.3k | Reduced -3.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 4.0k $31.0k | Unchanged |
| FMR LLC 0.00% of their portfolio | 3.7k $28.6k | Reduced -674 |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 3.7k $28.4k | New |