TERADYNE INC TER
COM · Common Stock · CUSIP 880770102 · ISIN US8807701029
- SectorTechnology
- IndustryInstruments For Meas & Testing of Electricity & Elec Signals
- HeadquartersNorth Reading, MA
- Founded1960
- Websiteteradyne.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 ($265.7m this quarter). Holder counts are more reliable. Shares outstanding: 156.6m as of 2025-10-27, 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 ≈ $192.31. Options: 36 managers hold calls ($866.8m notional), 29 hold puts ($522.3m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 635 |
| Q4 2022 | 641 |
| Q1 2023 | 662 |
| Q2 2023 | 690 |
| Q3 2023 | 685 |
| Q4 2023 | 711 |
| Q1 2024 | 682 |
| Q2 2024 | 756 |
| Q3 2024 | 756 |
| Q4 2024 | 776 |
| Q1 2025 | 748 |
| Q2 2025 | 729 |
| Q3 2025 | 830 |
| Q4 2025 | 1,039 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 323 | 331 |
| Q2 2024 | 384 | 296 |
| Q3 2024 | 397 | 326 |
| Q4 2024 | 349 | 363 |
| Q1 2025 | 379 | 393 |
| Q2 2025 | 358 | 394 |
| Q3 2025 | 457 | 333 |
| Q4 2025 | 548 | 390 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $109.2m | $408.4m | 3.74 |
| Q2 2025 | $157.3m | $604.9m | 3.84 |
| Q3 2025 | $448.9m | $778.5m | 1.73 |
| Q4 2025 | $866.8m | $522.3m | 0.60 |
Biggest buyers
| Corient Private Wealth LP | Added | +1.1m |
| Aspex Management (HK) Ltd | New | +1.0m |
| Assenagon Asset Management S.A. | Added | +882.7k |
| BlackRock, Inc. | Added | +777.6k |
| JANE STREET GROUP, LLC | Added | +765.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +659.3k |
| AQR CAPITAL MANAGEMENT LLC | Added | +656.1k |
| TWO SIGMA INVESTMENTS, LP | Added | +439.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +402.6k |
| BARCLAYS PLC | Added | +383.1k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -5.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.0m |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -1.8m |
| VAN ECK ASSOCIATES CORP | Reduced | -1.7m |
| T. Rowe Price Investment Management, Inc. | Reduced | -1.5m |
| Point72 Asset Management, L.P. | Reduced | -1.3m |
| VANGUARD GROUP INC | Reduced | -1.1m |
| BANK OF MONTREAL /CAN/ | Reduced | -918.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Reduced | -855.4k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -841.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $174.8m903.3k shares |
| JANE STREET GROUP, LLC | Added | $95.3m492.4k shares |
| CITADEL ADVISORS LLC | Added | $88.1m455.0k shares |
| CITIGROUP INC | Added | $81.9m423.3k shares |
| PEAK6 LLC | Added | $73.7m381.0k shares |
| IMC-Chicago, LLC | Added | $71.5m369.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $58.5m302.2k shares |
| Walleye Trading LLC | Added | $38.3m197.9k shares |
| SIMPLEX TRADING, LLC | Added | $30.4m157.1k shares |
| Squarepoint Ops LLC | Added | $25.2m130.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $98.1m506.7k shares |
| CITADEL ADVISORS LLC | Reduced | $84.7m437.7k shares |
| JANE STREET GROUP, LLC | Reduced | $68.3m353.1k shares |
| Twin Tree Management, LP | Added | $51.7m267.2k shares |
| IMC-Chicago, LLC | Added | $34.6m178.6k shares |
| GROUP ONE TRADING LLC | Added | $28.6m147.8k shares |
| Walleye Trading LLC | Added | $27.9m144.0k shares |
| Squarepoint Ops LLC | New | $27.4m141.6k shares |
| PEAK6 LLC | Reduced | $21.7m112.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $15.8m81.4k 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 |
|---|---|
| BlackRock, Inc. 13G · institution +1.0 pts · filed 2026-07-30 | 11.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
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 Q4 2025
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 2024 | 2 | $95.5k | 2 | $1.2m | $1.0m |
| Q2 2024 | 0 | — | 3 | $1.3m | $1.3m |
| Q3 2024 | 0 | — | 3 | $1.5m | $1.5m |
| Q4 2024 | 0 | — | 3 | $1.2m | $1.2m |
| Q1 2025 | 0 | — | 5 | $2.1m | $2.1m |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 2 | $590.6k | $590.6k |
| Q4 2025 | 0 | — | 2 | $911.7k | $911.7k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-12 | Smith Gregory Stephen President and CEO, director | Sold plan | $223.1k1.1k shares |
| 2025-12-05 | JOHNSON MERCEDES Director | Sold plan | $125.0k625 shares |
| 2025-11-12 | Smith Gregory Stephen President and CEO, director | Sold plan | $199.7k1.1k shares |
| 2025-11-05 | JOHNSON MERCEDES Director | Sold plan | $110.7k625 shares |
| 2025-10-10 | Smith Gregory Stephen President and CEO, director | Sold plan | $160.9k1.1k shares |
| 2025-10-06 | JOHNSON MERCEDES Director | Sold plan | $92.4k625 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.06% of their portfolio | 20.3m $3.9bn | Reduced -1.1m |
| BlackRock, Inc. 0.05% of their portfolio | 15.4m $3.0bn | Added +777.6k |
| STATE STREET CORP 0.05% of their portfolio | 7.1m $1.4bn | Added +61.0k |
| AMERIPRISE FINANCIAL INC 0.20% of their portfolio | 4.5m $869.2m | Reduced -766.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio | 4.2m $813.6m | Added +659.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 4.2m $802.8m | Reduced -45.3k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 3.5m $678.0m | Reduced -5.8m |
| Allspring Global Investments Holdings, LLC 1.11% of their portfolio | 3.3m $686.1m | Reduced -167.4k |
| Invesco Ltd. 0.05% of their portfolio | 3.0m $571.3m | Reduced -7.9k |
| Point72 Asset Management, L.P. 0.85% of their portfolio | 2.8m $545.2m | Reduced -1.3m |
| FMR LLC 0.02% of their portfolio | 2.4m $473.4m | Added +74.1k |
| MORGAN STANLEY 0.03% of their portfolio | 2.4m $472.7m | Added +45.1k |
| ALKEON CAPITAL MANAGEMENT LLC 2.06% of their portfolio | 2.4m $470.9m | Reduced -440.0k |
| ARK Investment Management LLC 3.03% of their portfolio | 2.4m $456.1m | Reduced -366.1k |
| VAN ECK ASSOCIATES CORP 0.36% of their portfolio | 2.3m $441.1m | Reduced -1.7m |
| Sumitomo Mitsui Trust Group, Inc. 0.26% of their portfolio | 2.3m $436.2m | Reduced -548.0k |
| NORGES BANK 0.04% of their portfolio | 2.1m $398.8m | Not comparable |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 1.8m $354.5m | Reduced -743.0k |
| Pictet Asset Management Holding SA 0.34% of their portfolio | 1.8m $345.2m | Reduced -369.1k |
| CITADEL ADVISORS LLC 0.23% of their portfolio | 1.8m $343.7m | Added +295.6k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.7m $319.6m | Reduced -454.2k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 1.6m $311.6m | Reduced -44.8k |
| BARCLAYS PLC 0.12% of their portfolio | 1.6m $306.2m | Added +383.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 1.6m $303.7m | Added +141.2k |
| FEDERATED HERMES, INC. 0.50% of their portfolio | 1.6m $300.3m | Reduced -97.4k |
| Rafferty Asset Management, LLC 0.95% of their portfolio | 1.4m $274.3m | Added +23.0k |
| UBS Group AG 0.05% of their portfolio | 1.3m $254.5m | Reduced -775.5k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 1.3m $248.4m | Added +656.1k |
| Legal & General Group Plc 0.05% of their portfolio | 1.2m $225.1m | Reduced -112.4k |
| Corient Private Wealth LP 0.01% of their portfolio | 1.1m $21.0m | Added +1.1m |
| Amova Asset Management Americas, Inc. 2.46% of their portfolio | 1.1m $212.7m | Reduced -527.6k |
| Aspex Management (HK) Ltd 4.06% of their portfolio | 1.0m $199.7m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.0m $195.8m | Reduced -8.9k |
| Assenagon Asset Management S.A. 0.26% of their portfolio | 910.0k $176.1m | Added +882.7k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 879.8k $170.3m | Reduced -268.0k |
| Contour Asset Management LLC 3.94% of their portfolio | 871.6k $168.7m | Reduced -644.9k |
| CITIGROUP INC 0.11% of their portfolio | 861.3k $166.7m | Added +158.3k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 858.4k $166.2m | Reduced -285.6k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 824.4k $159.9m | Added +355.9k |
| LAZARD ASSET MANAGEMENT LLC 0.27% of their portfolio | 812.1k $157.2m | Reduced -29.5k |
| JANE STREET GROUP, LLC 0.18% of their portfolio | 800.9k $155.0m | Added +765.7k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 750.6k $145.3m | Reduced -125.2k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 737.4k $142.7m | Reduced -744.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.10% of their portfolio | 716.6k $138.7m | Reduced -1.8m |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 710.6k $138.7m | Reduced -42.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.37% of their portfolio | 684.6k $132.5m | Reduced -90.9k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 683.8k $132.3m | Reduced -51.5k |
| DekaBank Deutsche Girozentrale 0.15% of their portfolio | 650.8k $84.2m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 617.5k $119.5m | Added +160.7k |
| Amundi 0.03% of their portfolio | 593.4k $114.9m | Reduced -73.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 1.17% of their portfolio | 571.2k $110.6m | Reduced -855.4k |
| HRT FINANCIAL LP 0.38% of their portfolio | 487.3k $94.3m | Reduced -31.0k |
| CIBC WORLD MARKETS CORP 0.46% of their portfolio | 475.2k $92.0m | First filing |
| TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio | 464.9k $90.0m | Added +439.3k |
| Cerity Partners LLC 0.13% of their portfolio | 459.1k $88.9m | Added +110.1k |
| California Public Employees Retirement System 0.05% of their portfolio | 458.1k $88.7m | Reduced -589.7k |
| Boston Trust Walden Corp 0.66% of their portfolio | 451.8k $87.4m | Reduced -159.5k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 436.0k $84.4m | Added +41.0k |
| Swiss National Bank 0.05% of their portfolio | 435.9k $84.4m | Reduced -26.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.09% of their portfolio | 417.3k $80.8m | Added +402.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.13% of their portfolio | 399.0k $77.2m | Added +354.9k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 374.9k $72.6m | Reduced -292.3k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 365.9k $70.8m | Reduced -66.9k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.12% of their portfolio | 360.3k $69.7m | Added +116.5k |
| Nuveen, LLC 0.02% of their portfolio | 352.5k $68.2m | Reduced -7.3k |
| GF FUND MANAGEMENT CO. LTD. 1.16% of their portfolio | 350.1k $67.8m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio | 333.5k $69.2m | Added +15.6k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 332.3k $64.3m | Added +50.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 328.9k $63.7m | Added +209.4k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 320.6k $62.1m | Added +449 |
| NATIXIS 0.24% of their portfolio | 318.9k $61.7m | Added +198.6k |
| SEI INVESTMENTS CO 0.06% of their portfolio | 313.7k $60.7m | Added +26.8k |
| OVERSEA-CHINESE BANKING Corp Ltd 1.67% of their portfolio | 313.3k $60.6m | Reduced -91.0k |
| HighTower Advisors, LLC 0.06% of their portfolio | 303.6k $58.8m | Added +40.2k |
| BANK OF NOVA SCOTIA 0.08% of their portfolio | 287.1k $55.6m | Added +267.5k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 275.7k $53.4m | Reduced -21.1k |
| Mirae Asset Global Investments Co., Ltd. 0.14% of their portfolio | 267.1k $51.7m | Added +51.7k |
| WT Asset Management Ltd 2.01% of their portfolio | 262.0k $50.7m | Reduced -42.7k |
| Handelsbanken Fonder AB 0.15% of their portfolio | 256.3k $49.6m | Added +42.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 255.7k $49.5m | Reduced -10.8k |
| Robeco Schweiz AG 1.06% of their portfolio | 245.0k $47.4m | Reduced -77.7k |
| National Pension Service 0.04% of their portfolio | 244.4k $47.3m | New |
| TUDOR INVESTMENT CORP ET AL 0.24% of their portfolio | 229.3k $44.4m | New |
| Quantinno Capital Management LP 0.09% of their portfolio | 225.0k $43.6m | Reduced -19.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 224.8k $43.5m | Added +72.0k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 224.4k $43.4m | Reduced -841.4k |
| Driehaus Capital Management LLC 0.29% of their portfolio | 221.1k $42.8m | New |
| CANADA LIFE ASSURANCE Co 0.07% of their portfolio | 219.1k $42.4m | Reduced -79.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 216.7k $41.9m | Reduced -99.2k |
| Andra AP-fonden 0.50% of their portfolio | 209.7k $40.6m | Reduced -180.9k |
| Bridgewater Associates, LP 0.14% of their portfolio | 199.8k $38.7m | Reduced -7.7k |
| Ceredex Value Advisors LLC 1.16% of their portfolio | 199.3k $38.6m | Added +19.9k |
| SG Americas Securities, LLC 0.05% of their portfolio | 198.7k $38.5m | Added +193.9k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 197.4k $38.2m | New |
| Penserra Capital Management LLC 0.45% of their portfolio | 196.6k $38.1m | Reduced -129.3k |
| Defiance ETFs, LLC 1.26% of their portfolio | 195.8k $38.5m | First filing |
| Mediolanum International Funds Ltd 0.38% of their portfolio | 194.7k $38.3m | New |
| Korea Investment CORP 0.07% of their portfolio | 189.8k $36.7m | Added +50.3k |
| Susquehanna Portfolio Strategies, LLC 0.57% of their portfolio | 189.4k $36.7m | Unchanged |
| Estuary Capital Management LP 6.44% of their portfolio | 187.2k $36.2m | New |