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 ($158.1m this quarter). Holder counts are more reliable. Shares outstanding: 153.6m as of 2024-08-21, 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 ≈ $506.80. Options: 42 managers hold calls ($732.2m notional), 39 hold puts ($1.0bn).
Trends to Q3 2024
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 |
| Q1 2024 | 1,246 |
| Q2 2024 | 1,258 |
| Q3 2024 | 1,250 |
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 |
| Q1 2024 | 681 | 514 |
| Q2 2024 | 676 | 503 |
| Q3 2024 | 619 | 569 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $548.2m | $816.9m | 1.49 |
| Q1 2024 | $883.2m | $1.1bn | 1.24 |
| Q2 2024 | $727.9m | $930.3m | 1.28 |
| Q3 2024 | $732.2m | $1.0bn | 1.42 |
Biggest buyers
| PARNASSUS INVESTMENTS, LLC | New | +1.3m |
| Sustainable Growth Advisers, LP | Added | +823.1k |
| BARCLAYS PLC | Added | +570.0k |
| EDGEWOOD MANAGEMENT LLC | Added | +487.0k |
| Amundi | Added | +392.9k |
| VIKING GLOBAL INVESTORS LP | New | +351.5k |
| VAN ECK ASSOCIATES CORP | Added | +336.0k |
| Carmignac Gestion | Added | +268.4k |
| Impax Asset Management Group plc | Added | +267.8k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +257.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -3.7m |
| GQG Partners LLC | Sold out | -2.2m |
| FMR LLC | Reduced | -935.2k |
| Matrix Capital Management Company, LP | Sold out | -717.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -690.7k |
| NORGES BANK | Reduced | -510.1k |
| LORD, ABBETT & CO. LLC | Sold out | -479.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -437.6k |
| Swedbank AB | Reduced | -312.7k |
| FRANKLIN RESOURCES INC | Reduced | -301.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $176.4m348.4k shares |
| CITADEL ADVISORS LLC | Added | $122.4m241.7k shares |
| JANE STREET GROUP, LLC | Added | $62.0m122.4k shares |
| IMC-Chicago, LLC | Added | $49.3m97.3k shares |
| Squarepoint Ops LLC | Added | $44.1m87.0k shares |
| Walleye Capital LLC | Added | $43.6m86.1k shares |
| JPMORGAN CHASE & CO | Added | $31.0m61.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $26.9m53.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $22.4m43.7k shares |
| ROYAL BANK OF CANADA | New | $20.3m40.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $239.3m472.5k shares |
| CITADEL ADVISORS LLC | Added | $147.7m291.7k shares |
| JANE STREET GROUP, LLC | Added | $84.0m165.8k shares |
| Pentwater Capital Management LP | Reduced | $61.3m121.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $59.0m116.5k shares |
| Walleye Capital LLC | Reduced | $48.2m95.2k shares |
| IMC-Chicago, LLC | Reduced | $42.8m84.6k shares |
| JPMORGAN CHASE & CO | New | $40.5m80.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $40.5m80.0k shares |
| WOLVERINE TRADING, LLC | Added | $39.9m77.7k 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)
Insider purchases and sales in Q3 2024
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 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 | — |
| Q1 2024 | 1 | $439.1k | 5 | $21.9m | $16.2m |
| Q2 2024 | 0 | — | 5 | $33.0m | $26.7m |
| Q3 2024 | 0 | — | 2 | $42.7m | $42.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-08-23 | Ghazi Sassine PRESIDENT AND CEO, director | Sold plan | $5.7m10.3k shares |
| 2024-07-15 | DE GEUS AART EXECUTIVE CHAIR, director | Sold plan | $306.0k493 shares |
| 2024-07-11 | DE GEUS AART EXECUTIVE CHAIR, director | Sold plan | $2.9m4.6k shares |
| 2024-07-10 | DE GEUS AART EXECUTIVE CHAIR, director | Sold plan | $5.4m8.6k shares |
| 2024-07-08 | DE GEUS AART EXECUTIVE CHAIR, director | Sold plan | $3.4m5.4k shares |
| 2024-07-05 | DE GEUS AART EXECUTIVE CHAIR, director | Sold plan | $17.2m27.8k shares |
| 2024-07-03 | DE GEUS AART EXECUTIVE CHAIR, director | Sold plan | $1.7m2.8k shares |
| 2024-07-02 | DE GEUS AART EXECUTIVE CHAIR, director | Sold plan | $2.6m4.3k shares |
| 2024-07-01 | DE GEUS AART EXECUTIVE CHAIR, director | Sold plan | $3.5m5.9k 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, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.13% of their portfolio | 14.4m $7.3bn | Added +227.0k |
| BlackRock, Inc. 0.14% of their portfolio | 13.2m $6.7bn | First filing |
| JPMORGAN CHASE & CO 0.16% of their portfolio | 8.1m $4.1bn | Reduced -3.7m |
| Capital World Investors 0.56% of their portfolio | 7.2m $3.6bn | Reduced -230.0k |
| STATE STREET CORP 0.14% of their portfolio | 6.9m $3.5bn | Added +119.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.28% of their portfolio | 4.9m $2.5bn | Reduced -690.7k |
| FRANKLIN RESOURCES INC 0.56% of their portfolio | 3.7m $2.0bn | Reduced -301.3k |
| FMR LLC 0.11% of their portfolio | 3.5m $1.8bn | Reduced -935.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio | 3.3m $1.7bn | Added +61.8k |
| EDGEWOOD MANAGEMENT LLC 4.19% of their portfolio | 3.1m $1.6bn | Added +487.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.30% of their portfolio | 2.0m $1.0bn | Reduced -437.6k |
| Sustainable Growth Advisers, LP 3.83% of their portfolio | 1.8m $903.6m | Added +823.1k |
| Pictet Asset Management Holding SA 0.95% of their portfolio | 1.7m $860.4m | Reduced -229.7k |
| VAN ECK ASSOCIATES CORP 0.99% of their portfolio | 1.6m $791.9m | Added +336.0k |
| MORGAN STANLEY 0.06% of their portfolio | 1.6m $787.8m | Added +72.8k |
| Swedbank AB 1.00% of their portfolio | 1.6m $786.7m | Reduced -312.7k |
| NORGES BANK 0.11% of their portfolio | 1.5m $784.6m | Reduced -510.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.20% of their portfolio | 1.5m $777.0m | Reduced -78.8k |
| Nuveen Asset Management, LLC 0.21% of their portfolio | 1.5m $764.3m | Added +24.4k |
| AMERIPRISE FINANCIAL INC 0.19% of their portfolio | 1.5m $755.5m | Added +86.6k |
| ALLIANCEBERNSTEIN L.P. 0.24% of their portfolio | 1.4m $726.0m | Added +144.1k |
| NORTHERN TRUST CORP 0.12% of their portfolio | 1.4m $724.4m | Reduced -58.3k |
| Invesco Ltd. 0.13% of their portfolio | 1.3m $664.8m | Added +157.8k |
| PARNASSUS INVESTMENTS, LLC 1.34% of their portfolio | 1.3m $633.5m | New |
| BARCLAYS PLC 0.27% of their portfolio | 1.2m $613.6m | Added +570.0k |
| Legal & General Group Plc 0.16% of their portfolio | 1.2m $601.4m | Added +53.8k |
| Amundi 0.22% of their portfolio | 1.2m $604.7m | Added +392.9k |
| JANUS HENDERSON GROUP PLC 0.30% of their portfolio | 1.1m $577.3m | Added +81.2k |
| Bank of New York Mellon Corp 0.10% of their portfolio | 1.1m $548.3m | Reduced -23.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 1.0m $531.1m | Added +257.5k |
| Vontobel Holding Ltd. 1.58% of their portfolio | 965.3k $488.8m | Added +43.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.09% of their portfolio | 918.7k $465.2m | Added +13.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.52% of their portfolio | 900.7k $458.0m | Added +67.8k |
| DEUTSCHE BANK AG\ 0.16% of their portfolio | 755.6k $382.6m | Added +41.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.25% of their portfolio | 708.0k $358.5m | Added +25.6k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 695.7k $352.3m | Reduced -84.9k |
| ALKEON CAPITAL MANAGEMENT LLC 1.85% of their portfolio | 668.6k $338.6m | Reduced -430 |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 594.4k $301.0m | Added +43.8k |
| Winslow Capital Management, LLC 1.07% of their portfolio | 588.6k $298.0m | Reduced -14.5k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 576.2k $291.8m | Reduced -42.0k |
| Artisan Partners Limited Partnership 0.41% of their portfolio | 538.6k $272.7m | Reduced -7.6k |
| Navera Investment Management Ltd. 4.44% of their portfolio | 492.9k $249.7m | Added +8.0k |
| Impax Asset Management Group plc 0.98% of their portfolio | 490.7k $248.5m | Added +267.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.22% of their portfolio | 455.1k $230.4m | Added +18.3k |
| Swiss National Bank 0.15% of their portfolio | 454.8k $230.3m | Added +3.2k |
| California Public Employees Retirement System 0.16% of their portfolio | 452.5k $229.1m | Reduced -18.2k |
| CREDIT AGRICOLE S A 1.16% of their portfolio | 438.4k $222.0m | Added +203.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.22% of their portfolio | 423.6k $214.5m | Added +22.0k |
| NEUBERGER BERMAN GROUP LLC 0.16% of their portfolio | 416.6k $211.0m | Added +95.6k |
| AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio | 412.1k $208.7m | Added +96.8k |
| UBS Group AG 0.06% of their portfolio | 410.3k $207.8m | Reduced -15.7k |
| MILLENNIUM MANAGEMENT LLC 0.17% of their portfolio | 376.5k $190.7m | Added +194.5k |
| National Pension Service 0.18% of their portfolio | 360.4k $182.5m | Added +36.6k |
| VIKING GLOBAL INVESTORS LP 0.65% of their portfolio | 351.5k $178.0m | New |
| Balyasny Asset Management L.P. 0.45% of their portfolio | 346.9k $175.7m | Added +196.9k |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 335.7k $170.3m | Reduced -42.9k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 334.2k $169.2m | Added +30.4k |
| W1M Investment Management Ltd 2.76% of their portfolio | 331.8k $168.1m | Added +57.4k |
| Carmignac Gestion 2.69% of their portfolio | 318.6k $161.3m | Added +268.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.21% of their portfolio | 311.3k $157.6m | Reduced -19.5k |
| EARNEST PARTNERS LLC 0.68% of their portfolio | 309.1k $156.5m | Reduced -16.6k |
| CITIGROUP INC 0.14% of their portfolio | 302.9k $153.4m | Added +86.1k |
| RHUMBLINE ADVISERS 0.13% of their portfolio | 294.3k $149.0m | Reduced -4.7k |
| Champlain Investment Partners, LLC 0.87% of their portfolio | 282.9k $143.3m | Added +35.7k |
| SurgoCap Partners LP 7.62% of their portfolio | 282.1k $142.9m | Added +84.5k |
| FIRST TRUST ADVISORS LP 0.14% of their portfolio | 281.7k $142.6m | Added +6.9k |
| CONGRESS ASSET MANAGEMENT CO 0.97% of their portfolio | 280.7k $142.2m | Added +636 |
| SEI INVESTMENTS CO 0.18% of their portfolio | 277.1k $140.3m | Added +42.5k |
| Qube Research & Technologies Ltd 0.25% of their portfolio | 270.6k $137.0m | Added +82.0k |
| Clearbridge Investments, LLC 0.10% of their portfolio | 252.1k $127.7m | Added +25.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 248.0k $125.6m | Added +2.7k |
| Harding Loevner LP 0.72% of their portfolio | 247.7k $125.4m | Reduced -6.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.14% of their portfolio | 245.3k $124.2m | Reduced -531 |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 243.6k $123.3m | Reduced -25.2k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 239.5k $473 | Added +239.1k |
| MARSICO CAPITAL MANAGEMENT LLC 3.35% of their portfolio | 236.5k $119.8m | Reduced -470 |
| AGF MANAGEMENT LTD 0.61% of their portfolio | 236.0k $119.5m | Added +10.4k |
| CCLA Investment Management 2.14% of their portfolio | 233.4k $138.8m | Unchanged |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.13% of their portfolio | 232.8k $117.9m | Added +17.6k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 231.0k $118.6m | Added +7.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio | 225.8k $114.4m | Added +12.6k |
| STEADFAST CAPITAL MANAGEMENT LP 2.48% of their portfolio | 210.7k $106.7m | Added +66.2k |
| FIFTH THIRD BANCORP 0.38% of their portfolio | 209.0k $105.8m | Reduced -2.3k |
| Assenagon Asset Management S.A. 0.21% of their portfolio | 201.9k $102.2m | Added +37.4k |
| OMERS ADMINISTRATION Corp 0.94% of their portfolio | 200.8k $101.7m | Added +195.6k |
| CANADA LIFE ASSURANCE Co 0.17% of their portfolio | 195.9k $99.3m | Added +8.5k |
| LAZARD ASSET MANAGEMENT LLC 0.13% of their portfolio | 192.2k $97.3m | Reduced -42.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 181.7k $92.0m | Added +17.1k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 179.1k $90.7m | Reduced -2.0k |
| ProShare Advisors LLC 0.22% of their portfolio | 176.3k $89.3m | Reduced -151.3k |
| Public Sector Pension Investment Board 0.47% of their portfolio | 171.9k $87.1m | Added +56.3k |
| NATIXIS ADVISORS, LLC 0.17% of their portfolio | 171.7k $87.0m | Reduced -11.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.19% of their portfolio | 170.3k $86.2m | Added +5.0k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.20% of their portfolio | 164.2k $83.1m | Added +2.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.16% of their portfolio | 162.0k $82.0m | Reduced -2.6k |
| DekaBank Deutsche Girozentrale 0.15% of their portfolio | 160.1k $81.6m | Added +13.6k |
| Mirae Asset Global Investments Co., Ltd. 0.36% of their portfolio | 158.6k $81.4m | Reduced -12.8k |
| RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio | 157.9k $80.0m | Reduced -64.1k |
| KBC Group NV 0.24% of their portfolio | 157.2k $79.6m | Reduced -6.4k |
| Ensign Peak Advisors, Inc 0.14% of their portfolio | 154.7k $78.4m | Added +18.5k |