Vault-13

THOMSON REUTERS CORP

COM · CUSIP 884903808 · ISIN CA8849038085

463 institutional holders +24 vs Q4 2023
87,508,44487.5m shares reported held*
$13.7bnreported value*
59 new 144 added 170 reduced 36 sold out net sold ≈ $388.7m (-2.5m 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 ($76.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $156.18. Options: 13 managers hold calls ($58.5m notional), 8 hold puts ($7.2m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 2Q4 22: 4Q1 23: 3Q2 23: 382Q3 23: 399Q4 23: 439Q1 24: 463463Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 20222
Q4 20224
Q1 20233
Q2 2023382
Q3 2023399
Q4 2023439
Q1 2024463

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 1 bought or addedQ4 22: 0 cut or sold outQ4 22Q1 23: 0 bought or addedQ1 23: 2 cut or sold outQ1 23Q2 23: 365 bought or addedQ2 23: 2 cut or sold outQ2 23Q3 23: 175 bought or addedQ3 23: 193 cut or sold outQ3 23Q4 23: 184 bought or addedQ4 23: 192 cut or sold outQ4 23Q1 24: 203 bought or addedQ1 24: 206 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202210
Q1 202302
Q2 20233652
Q3 2023175193
Q4 2023184192
Q1 2024203206

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ2 23 calls: $67.3mQ2 23 puts: $29.5mQ2 23P/C 0.44Q3 23 calls: $58.8mQ3 23 puts: $31.0mQ3 23P/C 0.53Q4 23 calls: $68.4mQ4 23 puts: $12.3mQ4 23P/C 0.18Q1 24 calls: $58.5mQ1 24 puts: $7.2mQ1 24P/C 0.12
Numbers
QuarterCallsPutsP/C
Q2 2023$67.3m$29.5m0.44
Q3 2023$58.8m$31.0m0.53
Q4 2023$68.4m$12.3m0.18
Q1 2024$58.5m$7.2m0.12

Biggest buyers

MORGAN STANLEY Added +1,120,944+1.1m
FMR LLC Added +708,492+708.5k
Point72 Asset Management, L.P. New +480,500+480.5k
FIRST TRUST ADVISORS LP Added +371,256+371.3k
TD Asset Management Inc Added +295,301+295.3k
BANK OF MONTREAL /CAN/ Added +238,639+238.6k
JPMORGAN CHASE & CO Added +118,632+118.6k
BESSEMER GROUP INC Added +117,320+117.3k
ARGENT CAPITAL MANAGEMENT LLC New +105,616+105.6k
GOLDMAN SACHS GROUP INC Added +91,896+91.9k

Biggest sellers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -1,330,211-1.3m
ROYAL BANK OF CANADA Reduced -926,903-926.9k
TORONTO DOMINION BANK Reduced -729,034-729.0k
JARISLOWSKY, FRASER Ltd Reduced -579,436-579.4k
MACKENZIE FINANCIAL CORP Reduced -565,092-565.1k
BANK OF AMERICA CORP /DE/ Reduced -257,519-257.5k
FIL Ltd Reduced -235,770-235.8k
1832 Asset Management L.P. Reduced -223,713-223.7k
Fiera Capital Corp Reduced -206,137-206.1k
BANK OF NOVA SCOTIA Reduced -204,277-204.3k

Biggest calls

BANK OF MONTREAL /CAN/ Reduced $18.0m115.5k shares
PEAK6 Investments LLC Added $13.2m84.4k shares
D. E. Shaw & Co., Inc. Reduced $8.1m51.9k shares
Twin Tree Management, LP Reduced $7.4m47.3k shares
ROYAL BANK OF CANADA Reduced $6.2m40.0k shares
SIG North Trading, ULC First filing $1.7m10.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.5m9.8k shares
Walleye Trading LLC Added $1.2m7.8k shares
CITADEL ADVISORS LLC Reduced $701.2k4.5k shares
JANE STREET GROUP, LLC Added $249.3k1.6k shares

Biggest puts

CITADEL ADVISORS LLC Added $3.7m23.8k shares
SIG North Trading, ULC First filing $1.1m6.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $872.6k5.6k shares
GTS SECURITIES LLC New $857.1k5.5k shares
Walleye Trading LLC Reduced $420.7k2.7k shares
OAK HILL WEALTH ADVISORS, LLC New $274.9k1.8k shares
GROUP ONE TRADING LLC Reduced $15.6k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. 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.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.46% of their portfolio TORONTO, A6 12,161,19212.2m $1.9bn $1.9bn 0.46% Reduced -926.9k -926,903
2 FMR LLC 0.07% of their portfolio BOSTON, MA 6,963,9417.0m $1.1bn $1.1bn 0.07% Added +708.5k +708,492
3 BANK OF MONTREAL /CAN/ 0.28% of their portfolio TORONTO, A6 5,746,7705.7m $895.4m $895.4m 0.28% Added +238.6k +238,639
4 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 5,739,8585.7m $894.4m $894.4m 0.02% Added +41.7k +41,680
5 FIL Ltd 0.73% of their portfolio HAMILTON, D0 4,758,5294.8m $740.5m $740.5m 0.73% Reduced -235.8k -235,770
6 TD Asset Management Inc 0.59% of their portfolio Toronto, A6 4,047,7734.0m $630.5m $630.5m 0.59% Added +295.3k +295,301
7 MACKENZIE FINANCIAL CORP 0.91% of their portfolio TORONTO ONTARIO, A6 4,033,4294.0m $628.0m $628.0m 0.91% Reduced -565.1k -565,092
8 JARISLOWSKY, FRASER Ltd 3.33% of their portfolio MONTREAL, A8 3,724,1553.7m $580.1m $580.1m 3.33% Reduced -579.4k -579,436
9 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,249,4143.2m $506.4m $506.4m 0.01% Added +1.1m +1,120,944
10 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 2,873,4962.9m $447.8m $447.8m 0.02% Added +118.6k +118,632
11 Fiera Capital Corp 1.21% of their portfolio MONTREAL, A8 2,659,0632.7m $414.1m $414.1m 1.21% Reduced -206.1k -206,137
12 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.35% of their portfolio Toronto, A6 2,408,8222.4m $375.3m $375.3m 0.35% Reduced -1.3m -1,330,211
13 Connor, Clark & Lunn Investment Management Ltd. 1.41% of their portfolio VANCOUVER, A1 2,111,6722.1m $328.8m $328.8m 1.41% Reduced -147.4k -147,391
14 1832 Asset Management L.P. 0.44% of their portfolio TORONTO, A6 1,559,3731.6m $243.0m $243.0m 0.44% Reduced -223.7k -223,713
15 Clearbridge Investments, LLC 0.16% of their portfolio NEW YORK, NY 1,333,5331.3m $207.8m $207.8m 0.16% Added +50.4k +50,367
16 NORGES BANK 0.03% of their portfolio OSLO, Q8 1,104,7661.1m $172.0m $172.0m 0.03% Added +7.9k +7,926
17 WCM INVESTMENT MANAGEMENT, LLC 0.41% of their portfolio LAGUNA BEACH, CA 1,093,7601.1m $170.4m $170.4m 0.41% Reduced -40.3k -40,266
18 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,061,3391.1m $165.4m $165.4m 0.03% Added +91.9k +91,896
19 CIBC WORLD MARKET INC. 0.42% of their portfolio TORONTO, A6 1,049,4891.0m $163.4m $163.4m 0.42% Reduced -27.4k -27,424
20 Legal & General Group Plc 0.04% of their portfolio London, X0 996,334996.3k $155.1m $155.1m 0.04% Reduced -24.7k -24,656
21 BANK OF NOVA SCOTIA 0.30% of their portfolio TORONTO, A6 951,392951.4k $148.1m $148.1m 0.30% Reduced -204.3k -204,277
22 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 859,457859.5k $133.9m $133.9m 0.01% Reduced -257.5k -257,519
23 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 660,148660.1k $103.8m $103.8m 0.01% Added +66.8k +66,797
24 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio Boston, MA 648,585648.6k $101.1m $101.1m 0.03% Added +5.2k +5,171
25 BlackRock Inc. 0.00% of their portfolio New York, NY 648,397648.4k $101.0m $101.0m 0.00% Reduced -1.8k -1,785
26 CIBC Asset Management Inc 0.35% of their portfolio TORONTO, Z4 638,005638.0k $99.3m $99.3m 0.35% Added +56.3k +56,302
27 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 574,977575.0k $89.6m $89.6m 0.09% Added +89.6k +89,574
28 CREDIT SUISSE AG/ 0.08% of their portfolio ZURICH, V8 549,051549.1k $85.6m $85.6m 0.08% Reduced -22.3k -22,315
29 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 498,234498.2k $77.6m $77.6m 0.01% Reduced -5.2k -5,158
30 Point72 Asset Management, L.P. 0.22% of their portfolio STAMFORD, CT 480,500480.5k $74.9m $74.9m 0.22% New
31 Swiss National Bank 0.05% of their portfolio ZURICH, V8 479,355479.4k $74.6m $74.6m 0.05% Reduced -38.8k -38,800
32 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 460,580460.6k $71.8m $71.8m 0.03% Added +1.1k +1,092
33 NATIONAL BANK OF CANADA /FI/ 0.13% of their portfolio MONTREAL, A8 442,798442.8k $74.2m $74.2m 0.13% Reduced -32.0k -32,026
34 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 418,179418.2k $65.1m $65.1m 0.04% Reduced -16.9k -16,913
35 CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio TORONTO ONTARIO, A6 406,654406.7k $63.3m $63.3m 0.07% Reduced -32.4k -32,358
36 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 389,091389.1k $60.6m $60.6m 0.06% Added +371.3k +371,256
37 Alberta Investment Management Corp 0.53% of their portfolio EDMONTON, A0 336,901336.9k $52.5m $52.5m 0.53% Unchanged
38 Amundi 0.02% of their portfolio Paris, I0 334,912334.9k $50.5m $50.5m 0.02% Reduced -80.4k -80,413
39 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 314,798314.8k $49.0m $49.0m 0.01% Added +27.0k +26,972
40 AGF MANAGEMENT LTD 0.24% of their portfolio TORONTO, A6 286,236286.2k $43.4m $43.4m 0.24% Reduced -168.6k -168,570
41 TORONTO DOMINION BANK 0.07% of their portfolio TORONTO, ONTARIO, A6 269,905269.9k $42.1m $42.1m 0.07% Reduced -729.0k -729,034
42 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 250,726250.7k $39.1m $39.1m 0.01% Reduced -32.9k -32,870
43 State of Tennessee, Department of Treasury 0.14% of their portfolio NASHVILLE, TN 237,477237.5k $37.0m $37.0m 0.14% Added +4.3k +4,340
44 Cumberland Partners Ltd 2.48% of their portfolio TORONTO, A6 219,246219.2k $34.1m $34.1m 2.48% Reduced -9.5k -9,533
45 GUARDIAN CAPITAL LP 1.19% of their portfolio TORONTO, A6 218,538218.5k $34.0m $34.0m 1.19% Reduced -1.6k -1,585
46 Dixon Mitchell Investment Counsel Inc. 1.68% of their portfolio VANCOUVER, A1 216,837216.8k $33.8m $33.8m 1.68% Reduced -90.0k -89,961
47 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 213,609213.6k $33.3m $33.3m 0.01% Reduced -10.3k -10,260
48 SCOTIA CAPITAL INC. 0.20% of their portfolio TORONTO, A6 211,372211.4k $32.8m $32.8m 0.20% Added +8.4k +8,418
49 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 195,424195.4k $30.5m $30.5m 0.01% Reduced -31.3k -31,304
50 Triasima Portfolio Management inc. 2.32% of their portfolio MONTREAL, A8 177,141177.1k $27.6m $27.6m 2.32% Added +8.8k +8,820
51 Federation des caisses Desjardins du Quebec 0.25% of their portfolio LEVIS, A8 176,027176.0k $35.3m $35.3m 0.25% Reduced -4.3k -4,280
52 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 174,034174.0k $27.1m $27.1m 0.01% Added +15.8k +15,831
53 AXA S.A. 0.08% of their portfolio PARIS, I0 168,531168.5k $26.3m $26.3m 0.08% Reduced -136.2k -136,173
54 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.21% of their portfolio IRVING, TX 159,978160.0k $24.9m $24.9m 0.21% Reduced -33.1k -33,127
55 TD Waterhouse Canada Inc. 0.24% of their portfolio TORONTO, A6 158,814158.8k $32.3m $32.3m 0.24% Reduced -2.6k -2,615
56 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.09% of their portfolio Paris, I0 152,224152.2k $32.1m $32.1m 0.09% Reduced -26.4k -26,447
57 Korea Investment CORP 0.06% of their portfolio SEOUL, M5 141,278141.3k $22.0m $22.0m 0.06% Added +9.5k +9,510
58 BESSEMER GROUP INC 0.04% of their portfolio WOODBRIDGE, NJ 130,744130.7k $20.4m $20.4m 0.04% Added +117.3k +117,320
59 SAPIENT CAPITAL LLC 0.43% of their portfolio INDIANAPOLIS, IN 124,928124.9k $19.5m $19.5m 0.43% Reduced -71 -71
60 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 120,909120.9k $18.8m $18.8m 0.03% Added +36.7k +36,695
61 CIDEL ASSET MANAGEMENT INC 1.43% of their portfolio TORONTO, A6 120,613120.6k $18.8m $18.8m 1.43% Reduced -197.2k -197,250
62 Gillson Capital LP 1.73% of their portfolio CHICAGO, IL 116,738116.7k $18.2m $18.2m 1.73% Added +13.7k +13,722
63 Man Group plc 0.05% of their portfolio LONDON, X0 111,430111.4k $17.4m $17.4m 0.05% Added +33.9k +33,942
64 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 108,793108.8k $16.9m $16.9m 0.02% Reduced -42.3k -42,292
65 Pictet Asset Management Holding SA 0.02% of their portfolio CAROUGE, V8 107,930107.9k $16.9m $16.9m 0.02% Added +25.1k +25,120
66 ARGENT CAPITAL MANAGEMENT LLC 0.48% of their portfolio ST LOUIS, MO 105,616105.6k $16.5m $16.5m 0.48% New
67 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 97,14097.1k $15.1m $15.1m 0.03% Added +73.3k +73,342
68 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 94,61994.6k $14.7m $14.7m 0.00% Reduced -14.6k -14,557
69 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 92,06192.1k $14.3m $14.3m 0.01% Added +15.2k +15,163
70 NATIXIS ADVISORS, LLC 0.03% of their portfolio Boston, MA 88,13988.1k $13.7m $13.7m 0.03% Reduced -1.4k -1,368
71 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 87,11487.1k $13.6m $13.6m 0.01% Added +56.8k +56,835
72 Varma Mutual Pension Insurance Co 0.12% of their portfolio Varma, H9 85,27785.3k $13.3m $13.3m 0.12% New
73 Hilton Capital Management, LLC 1.11% of their portfolio Garden City, NY 79,67379.7k $12.4m $12.4m 1.11% Reduced -480 -480
74 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 78,81678.8k $12.3m $12.3m 0.03% Added +29.7k +29,732
75 FORSTA AP-FONDEN 0.10% of their portfolio STOCKHOLM, V7 78,58878.6k $12.2m $12.2m 0.10% Added +47.3k +47,300
76 BANK OF NOVA SCOTIA TRUST CO 1.27% of their portfolio TORONTO, A6 75,53075.5k $11.8m $11.8m 1.27% Reduced -6.2k -6,185
77 ASSETMARK, INC 0.04% of their portfolio CONCORD, CA 74,29474.3k $11.6m $11.6m 0.04% Reduced -364 -364
78 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 73,05373.1k $11.4m $11.4m 0.01% Reduced -60.3k -60,343
79 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 72,81872.8k $11.4m $11.4m 0.02% Reduced -5.2k -5,234
80 Credential Qtrade Securities Inc. 0.60% of their portfolio VANCOUVER, A1 71,27971.3k $11.1m $11.1m 0.60% Reduced -9.3k -9,276
81 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 70,44870.4k $11.0m $11.0m 0.01% Reduced -2.9k -2,886
82 Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio ZURICH, V8 69,34069.3k $10.8m $10.8m 0.04% Reduced -169 -169
83 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 67,22467.2k $10.5m $10.5m 0.01% Reduced -2.0k -2,045
84 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 67,21967.2k $10.5m $10.5m 0.01% Reduced -1.3k -1,324
85 BAROMETER CAPITAL MANAGEMENT INC. 3.49% of their portfolio TORONTO, A6 64,71064.7k $13.5m $13.5m 3.49% Added +51.9k +51,910
86 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 63,37063.4k $9.9m $9.9m 0.00% Reduced -12.2k -12,238
87 UBS Group AG 0.00% of their portfolio ZURICH, V8 59,48659.5k $9.3m $9.3m 0.00% Added +11.9k +11,897
88 Capital Investment Counsel, LLC 1.96% of their portfolio DENVER, CO 58,81658.8k $9.2m $9.2m 1.96% Added +23.9k +23,857
89 MONTRUSCO BOLTON INVESTMENTS INC. 0.10% of their portfolio MONTREAL, A8 57,53657.5k $9.0m $9.0m 0.10% Reduced -207 -207
90 First National Bank of Mount Dora, Trust Investment Services 2.18% of their portfolio MOUNT DORA, FL 57,52557.5k $9.0m $9.0m 2.18% Reduced -10.5k -10,490
91 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 57,40657.4k $8.9m $8.9m 0.01% Reduced -9 -9
92 Addenda Capital Inc. 0.44% of their portfolio MONTREAL, A8 54,37654.4k $11.5m $11.5m 0.44% Reduced -152 -152
93 CWM, LLC 0.04% of their portfolio OMAHA, NE 50,93850.9k $7.9m $7.9m 0.04% Reduced -5.7k -5,713
94 INTECH INVESTMENT MANAGEMENT LLC 0.11% of their portfolio WEST PALM BEACH, FL 50,77150.8k $7.9m $7.9m 0.11% New
95 Cubist Systematic Strategies, LLC 0.08% of their portfolio STAMFORD, CT 47,76647.8k $7.4m $7.4m 0.08% New
96 TOBAM 0.61% of their portfolio PARIS, I0 43,68643.7k $6.8m $6.8m 0.61% Added +1.8k +1,819
97 Achmea Investment Management B.V. 0.12% of their portfolio ZEIST, P7 40,53540.5k $6.3m $6.3m 0.12% Reduced -14.5k -14,488
98 Caisse de depot et placement du Quebec 0.01% of their portfolio Montreal, A8 39,48039.5k $6.1m $6.1m 0.01% Reduced -109.1k -109,100
99 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.07% of their portfolio Stamford, CT 39,21139.2k $6.1m $6.1m 0.07% Added +2.0k +1,971
100 Mariner, LLC 0.01% of their portfolio Overland Park, KS 39,16739.2k $6.1m $6.1m 0.01% Reduced -9.1k -9,141