SYNOPSYS INC SNPS
COM · Common Stock · CUSIP 871607107 · ISIN US8716071076
American software company
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersSunnyvale, CA
- Founded1986
- Websitesynopsys.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 ($214.9m this quarter). Holder counts are more reliable. Shares outstanding: 152.0m as of 2023-12-06, 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 ≈ $514.73. Options: 41 managers hold calls ($548.2m notional), 47 hold puts ($816.9m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 880 |
| Q4 2022 | 921 |
| Q1 2023 | 937 |
| Q2 2023 | 1,017 |
| Q3 2023 | 1,041 |
| Q4 2023 | 1,200 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 394 | 429 |
| Q1 2023 | 486 | 408 |
| Q2 2023 | 450 | 443 |
| Q3 2023 | 469 | 471 |
| Q4 2023 | 591 | 451 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $101.3m | $82.0m | 0.81 |
| Q2 2023 | $359.8m | $441.9m | 1.23 |
| Q3 2023 | $448.2m | $638.6m | 1.42 |
| Q4 2023 | $548.2m | $816.9m | 1.49 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +5.6m |
| MORGAN STANLEY | Added | +2.0m |
| Man Group plc | New | +424.1k |
| NORGES BANK | Added | +353.8k |
| CITADEL ADVISORS LLC | Added | +269.2k |
| FMR LLC | Added | +253.2k |
| STATE STREET CORP | Added | +238.2k |
| Amundi | Added | +227.2k |
| Quadrature Capital Ltd | New | +212.4k |
| VANGUARD GROUP INC | Added | +203.6k |
Biggest sellers
| Jackson Square Partners, LLC | Reduced | -2.8m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -689.3k |
| Invesco Ltd. | Reduced | -680.2k |
| T. Rowe Price Investment Management, Inc. | Reduced | -549.0k |
| Man Group plc | Sold out | -376.5k |
| VIKING GLOBAL INVESTORS LP | Sold out | -308.1k |
| BESSEMER GROUP INC | Reduced | -307.3k |
| Balyasny Asset Management L.P. | Reduced | -292.3k |
| Nuveen Asset Management, LLC | Reduced | -280.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -263.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $121.6m236.1k shares |
| CITADEL ADVISORS LLC | Added | $90.4m175.6k shares |
| D. E. Shaw & Co., Inc. | Added | $35.2m68.4k shares |
| JANE STREET GROUP, LLC | Reduced | $32.9m63.8k shares |
| IMC-Chicago, LLC | Added | $25.6m49.7k shares |
| WOLVERINE TRADING, LLC | Added | $24.1m46.8k shares |
| Squarepoint Ops LLC | Added | $23.2m45.1k shares |
| PEAK6 Investments LLC | Reduced | $21.0m40.7k shares |
| SIMPLEX TRADING, LLC | Added | $20.7m40.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $18.1m35.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $188.0m365.1k shares |
| CITADEL ADVISORS LLC | Added | $132.4m257.1k shares |
| Balyasny Asset Management L.P. | New | $95.6m185.6k shares |
| IMC-Chicago, LLC | Added | $47.9m93.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $42.3m82.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $32.2m62.5k shares |
| BANK OF AMERICA CORP /DE/ | Added | $30.5m59.3k shares |
| Laurion Capital Management LP | Reduced | $28.8m55.9k shares |
| Walleye Capital LLC | Added | $19.9m38.7k shares |
| WELLS FARGO & COMPANY/MN | New | $18.4m35.7k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), Capital World Investors (4.2%, 2025-11-13)
Insider purchases and sales in Q4 2023
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 |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 2 | $28.8m | — |
| Q2 2022 | 0 | — | 3 | $45.3m | — |
| Q3 2022 | 0 | — | 6 | $19.6m | — |
| Q4 2022 | 0 | — | 1 | $1.2m | — |
| Q1 2023 | 0 | — | 3 | $21.6m | — |
| Q2 2023 | 0 | — | 4 | $62.4m | $53.2m |
| Q3 2023 | 0 | — | 2 | $4.6m | — |
| Q4 2023 | 0 | — | 1 | $6.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-10-10 | Kankanwadi Sudhindra Chief Accounting Officer | Sold | $3.6m7.4k shares |
| 2023-10-09 | Kankanwadi Sudhindra Chief Accounting Officer | Sold | $2.4m5.0k 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.15% of their portfolio | 13.6m $7.0bn | Added +203.6k |
| BlackRock Inc. 0.16% of their portfolio | 11.8m $6.1bn | Added +84.6k |
| JPMORGAN CHASE & CO 0.27% of their portfolio | 10.3m $5.3bn | Added +5.6m |
| STATE STREET CORP 0.17% of their portfolio | 6.8m $3.5bn | Added +238.2k |
| Capital World Investors 0.60% of their portfolio | 6.6m $3.4bn | Added +32.4k |
| FMR LLC 0.17% of their portfolio | 4.3m $2.2bn | Added +253.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.26% of their portfolio | 3.8m $2.0bn | Reduced -689.3k |
| MORGAN STANLEY 0.08% of their portfolio | 3.4m $1.7bn | Added +2.0m |
| FRANKLIN RESOURCES INC 0.78% of their portfolio | 3.2m $1.7bn | Reduced -108.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.16% of their portfolio | 3.0m $1.6bn | Reduced -263.5k |
| Pictet Asset Management Holding SA 1.66% of their portfolio | 2.9m $1.5bn | Added +39.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.43% of their portfolio | 2.6m $1.3bn | Added +153.1k |
| Nuveen Asset Management, LLC 0.41% of their portfolio | 2.5m $1.3bn | Reduced -280.0k |
| NORGES BANK 0.22% of their portfolio | 2.5m $1.3bn | Added +353.8k |
| Swedbank AB 1.63% of their portfolio | 2.0m $1.0bn | Reduced -65.5k |
| AMERIPRISE FINANCIAL INC 0.28% of their portfolio | 1.8m $943.5m | Reduced -207.7k |
| Invesco Ltd. 0.22% of their portfolio | 1.8m $920.7m | Reduced -680.2k |
| NORTHERN TRUST CORP 0.15% of their portfolio | 1.6m $814.4m | Reduced -106.0k |
| Amundi 0.29% of their portfolio | 1.3m $633.8m | Added +227.2k |
| ALLIANCEBERNSTEIN L.P. 0.25% of their portfolio | 1.3m $648.3m | Reduced -129.5k |
| Legal & General Group Plc 0.19% of their portfolio | 1.2m $613.6m | Added +1.8k |
| Bank of New York Mellon Corp 0.12% of their portfolio | 1.2m $593.9m | Reduced -35.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.74% of their portfolio | 1.1m $582.8m | Reduced -110.6k |
| GQG Partners LLC 1.19% of their portfolio | 1.1m $563.2m | Reduced -19.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.20% of their portfolio | 1.0m $519.8m | Reduced -121.5k |
| JANUS HENDERSON GROUP PLC 0.30% of their portfolio | 991.3k $510.4m | Added +69.2k |
| VAN ECK ASSOCIATES CORP 0.87% of their portfolio | 929.4k $478.5m | Added +190.3k |
| DEUTSCHE BANK AG\ 0.24% of their portfolio | 920.5k $474.0m | Added +155.8k |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 850.6k $438.0m | Added +36.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio | 849.4k $437.3m | Added +23.4k |
| MACKENZIE FINANCIAL CORP 0.63% of their portfolio | 816.6k $420.5m | Reduced -174.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.29% of their portfolio | 768.2k $395.5m | Reduced -116.9k |
| Matrix Capital Management Company, LP 3.80% of their portfolio | 717.7k $369.6m | Unchanged |
| ALKEON CAPITAL MANAGEMENT LLC 2.26% of their portfolio | 669.1k $344.5m | Reduced -250.8k |
| PUTNAM INVESTMENTS LLC 0.44% of their portfolio | 641.6k $330.3m | Added +17.7k |
| Winslow Capital Management, LLC 1.36% of their portfolio | 634.8k $326.9m | Reduced -163.5k |
| ROYAL BANK OF CANADA 0.08% of their portfolio | 634.0k $326.5m | Added +89.5k |
| Artisan Partners Limited Partnership 0.50% of their portfolio | 612.8k $315.5m | Reduced -178.9k |
| LORD, ABBETT & CO. LLC 0.55% of their portfolio | 607.2k $312.6m | Reduced -10.1k |
| EAGLE ASSET MANAGEMENT INC 1.57% of their portfolio | 569.0k $293.0m | Reduced -87.0k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 545.9k $281.1m | Added +88.0k |
| ACADIAN ASSET MANAGEMENT LLC 1.09% of their portfolio | 543.7k $279.9m | Reduced -24.7k |
| LAZARD ASSET MANAGEMENT LLC 0.34% of their portfolio | 517.9k $266.7m | Reduced -85.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 515.0k $265.2m | Added +128.2k |
| California Public Employees Retirement System 0.20% of their portfolio | 506.1k $260.6m | Added +50.2k |
| BARCLAYS PLC 0.13% of their portfolio | 476.8k $245.5m | Added +90.4k |
| Swiss National Bank 0.18% of their portfolio | 475.6k $244.9m | Reduced -13.9k |
| VONTOBEL ASSET MANAGEMENT INC 1.52% of their portfolio | 472.0k $255.4m | Reduced -20.0k |
| Navera Investment Management Ltd. 5.06% of their portfolio | 456.4k $234.9m | Added +30.1k |
| CREDIT SUISSE AG/ 0.22% of their portfolio | 440.8k $227.0m | Reduced -30.9k |
| Ninety One UK Ltd 0.67% of their portfolio | 439.3k $226.2m | Reduced -43.6k |
| Man Group plc 0.63% of their portfolio | 424.1k $218.4m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.22% of their portfolio | 401.3k $206.6m | Added +28.4k |
| EARNEST PARTNERS LLC 0.99% of their portfolio | 385.8k $198.6m | Reduced -9.7k |
| TD Asset Management Inc 0.19% of their portfolio | 383.9k $197.7m | Reduced -102.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.35% of their portfolio | 369.2k $190.1m | Added +180.6k |
| Allspring Global Investments Holdings, LLC 0.31% of their portfolio | 358.0k $184.3m | Reduced -46.8k |
| Qube Research & Technologies Ltd 0.41% of their portfolio | 355.5k $183.0m | Added +171.0k |
| Allianz Asset Management GmbH 0.34% of their portfolio | 353.0k $181.8m | Reduced -8.0k |
| Champlain Investment Partners, LLC 1.07% of their portfolio | 349.6k $180.0m | Reduced -2.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.25% of their portfolio | 344.8k $177.5m | Reduced -27.5k |
| Ownership Capital B.V. 3.72% of their portfolio | 324.3k $167.0m | Reduced -129.5k |
| Mirae Asset Global Investments Co., Ltd. 0.33% of their portfolio | 312.3k $161.0m | Reduced -3.7k |
| National Pension Service 0.22% of their portfolio | 311.8k $160.5m | Added +8.1k |
| KBC Group NV 0.55% of their portfolio | 302.8k $155.9m | Added +844 |
| RHUMBLINE ADVISERS 0.16% of their portfolio | 293.1k $150.9m | Reduced -6.1k |
| AXA S.A. 0.24% of their portfolio | 292.0k $150.4m | Added +148.5k |
| MILLENNIUM MANAGEMENT LLC 0.14% of their portfolio | 291.7k $150.2m | Added +44.6k |
| Harding Loevner LP 0.84% of their portfolio | 291.1k $150.1m | Reduced -3.6k |
| AMERICAN CENTURY COMPANIES INC 0.10% of their portfolio | 291.1k $149.9m | Added +170.7k |
| PANAGORA ASSET MANAGEMENT INC 0.84% of their portfolio | 290.7k $149.7m | Reduced -21.7k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.55% of their portfolio | 281.2k $144.8m | Added +13.5k |
| Vontobel Holding Ltd. 1.21% of their portfolio | 281.0k $144.7m | Reduced -17.0k |
| CONGRESS ASSET MANAGEMENT CO 1.12% of their portfolio | 276.5k $142.4m | Added +1.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 274.1k $141.2m | Reduced -7.6k |
| FIRST TRUST ADVISORS LP 0.15% of their portfolio | 270.3k $139.2m | Reduced -20.8k |
| CITADEL ADVISORS LLC 0.14% of their portfolio | 269.4k $138.7m | Added +269.2k |
| Polar Capital Holdings Plc 0.84% of their portfolio | 263.6k $135.7m | Reduced -36.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.09% of their portfolio | 259.2k $133.5m | Reduced -5.3k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 258.6k $133.9m | Added +87.3k |
| HSBC HOLDINGS PLC 0.12% of their portfolio | 255.3k $131.4m | Added +46.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio | 251.5k $129.5m | Added +11.5k |
| Robeco Institutional Asset Management B.V. 0.31% of their portfolio | 249.9k $128.7m | Reduced -30.5k |
| UBS Group AG 0.05% of their portfolio | 249.5k $128.5m | Added +31.3k |
| SEI INVESTMENTS CO 0.20% of their portfolio | 247.6k $127.5m | Reduced -33.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.17% of their portfolio | 243.0k $125.1m | Added +3.1k |
| CITIGROUP INC 0.16% of their portfolio | 240.0k $123.6m | Added +106.8k |
| MARSICO CAPITAL MANAGEMENT LLC 4.73% of their portfolio | 234.6k $120.8m | Reduced -13.1k |
| CCLA Investment Management 1.95% of their portfolio | 230.6k $119.3m | Reduced -16.1k |
| 1832 Asset Management L.P. 0.22% of their portfolio | 226.2k $116.5m | Added +168.9k |
| NATIXIS ADVISORS, LLC 0.31% of their portfolio | 226.2k $116.5m | Reduced -5.5k |
| MARSHALL WACE, LLP 0.22% of their portfolio | 223.2k $114.9m | Added +142.2k |
| AQR CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 213.9k $110.2m | Added +22.8k |
| Quadrature Capital Ltd 1.97% of their portfolio | 212.4k $109.4m | New |
| Russell Investments Group, Ltd. 0.19% of their portfolio | 212.2k $109.4m | Reduced -16.0k |
| STRS OHIO 0.45% of their portfolio | 208.5k $107.4m | Reduced -87.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.40% of their portfolio | 207.9k $107.0m | Reduced -30.0k |
| FIFTH THIRD BANCORP 0.45% of their portfolio | 206.6k $106.4m | Added +985 |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 202.3k $104.2m | Added +8.4k |
| CANADA LIFE ASSURANCE Co 0.21% of their portfolio | 190.2k $97.5m | Reduced -16.1k |