TYLER TECHNOLOGIES INC TYL
COM · Common Stock · CUSIP 902252105 · ISIN US9022521051
American Technology Company
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersPlano, TX
- Founded1966
- Websitetylertech.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 ($24.0m this quarter). Holder counts are more reliable. Shares outstanding: 43.0m 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 ≈ $452.85. Options: 7 managers hold calls ($28.0m notional), 6 hold puts ($16.7m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 608 |
| Q4 2022 | 612 |
| Q1 2023 | 619 |
| Q2 2023 | 647 |
| Q3 2023 | 647 |
| Q4 2023 | 690 |
| Q1 2024 | 706 |
| Q2 2024 | 730 |
| Q3 2024 | 787 |
| Q4 2024 | 822 |
| Q1 2025 | 849 |
| Q2 2025 | 845 |
| Q3 2025 | 858 |
| Q4 2025 | 844 |
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 | 332 | 285 |
| Q2 2024 | 324 | 316 |
| Q3 2024 | 348 | 328 |
| Q4 2024 | 361 | 346 |
| Q1 2025 | 399 | 365 |
| Q2 2025 | 392 | 379 |
| Q3 2025 | 386 | 393 |
| Q4 2025 | 343 | 422 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $30.9m | $34.7m | 1.12 |
| Q2 2025 | $30.7m | $33.3m | 1.09 |
| Q3 2025 | $15.7m | $21.4m | 1.36 |
| Q4 2025 | $28.0m | $16.7m | 0.60 |
Biggest buyers
| FMR LLC | Added | +1.3m |
| T. Rowe Price Investment Management, Inc. | Added | +1.3m |
| VAN ECK ASSOCIATES CORP | Added | +367.2k |
| Impax Asset Management Group plc | New | +235.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +104.4k |
| HSBC HOLDINGS PLC | Added | +59.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +51.3k |
| Balyasny Asset Management L.P. | Added | +45.6k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +43.4k |
| Formuepleje A/S | New | +42.7k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -535.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -448.4k |
| FRANKLIN RESOURCES INC | Reduced | -209.8k |
| Woodline Partners LP | Reduced | -164.8k |
| Handelsbanken Fonder AB | Reduced | -155.1k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -153.2k |
| MACQUARIE GROUP LTD | Reduced | -142.2k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -129.3k |
| Artisan Partners Limited Partnership | Reduced | -127.8k |
| BlackRock, Inc. | Reduced | -120.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $18.2m40.0k shares |
| CITADEL ADVISORS LLC | Added | $5.9m13.1k shares |
| JANE STREET GROUP, LLC | Added | $2.7m6.0k shares |
| Twin Tree Management, LP | New | $408.6k900 shares |
| Squarepoint Ops LLC | New | $317.8k700 shares |
| TUDOR INVESTMENT CORP ET AL | New | $272.4k600 shares |
| Walleye Capital LLC | New | $181.6k400 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.2m18.0k shares |
| CITADEL ADVISORS LLC | Added | $7.3m16.1k shares |
| MAI Capital Management | Unchanged | $453.9k1.0k shares |
| JANE STREET GROUP, LLC | Reduced | $453.9k1.0k shares |
| Walleye Capital LLC | New | $272.4k600 shares |
| SIMPLEX TRADING, LLC | Reduced | $45.4k100 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 | 7.6% |
| BlackRock, Inc. 13G · institution -2.8 pts · filed 2026-10-27 | 6.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.7% |
| NORGES BANK 13G · institution new · filed 2026-05-11 | 5.7% |
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 | 0 | — | 6 | $37.0m | — |
| Q2 2024 | 0 | — | 5 | $21.6m | — |
| Q3 2024 | 0 | — | 6 | $33.5m | — |
| Q4 2024 | 0 | — | 3 | $39.6m | — |
| Q1 2025 | 0 | — | 4 | $18.8m | — |
| Q2 2025 | 0 | — | 6 | $17.9m | $3.1m |
| Q3 2025 | 0 | — | 4 | $12.7m | $6.1m |
| Q4 2025 | 0 | — | 2 | $1.6m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-15 | MILLER BRIAN K Executive VP and CFO | Sold | $448.5k1.0k shares |
| 2025-12-12 | MILLER BRIAN K Executive VP and CFO | Sold | $458.6k1.0k shares |
| 2025-12-12 | Carter Glenn A Director | Sold | $229.4k500 shares |
| 2025-11-25 | MILLER BRIAN K Executive VP and CFO | Sold | $469.1k1.0k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 5.8m $2.6bn | Reduced -17.5k |
| BlackRock, Inc. 0.03% of their portfolio | 4.1m $1.9bn | Reduced -120.7k |
| T. Rowe Price Investment Management, Inc. 0.56% of their portfolio | 3.1m $1.4bn | Added +1.3m |
| NORGES BANK 0.10% of their portfolio | 2.0m $921.0m | Not comparable |
| STATE STREET CORP 0.03% of their portfolio | 1.9m $884.0m | Reduced -450 |
| PRINCIPAL FINANCIAL GROUP INC 0.34% of their portfolio | 1.5m $660.1m | Added +43.4k |
| FMR LLC 0.03% of their portfolio | 1.4m $648.2m | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 1.2m $556.7m | Added +13.6k |
| VAN ECK ASSOCIATES CORP 0.46% of their portfolio | 1.2m $552.6m | Added +367.2k |
| MORGAN STANLEY 0.03% of their portfolio | 1.0m $467.7m | Reduced -20.7k |
| APG Asset Management N.V. 0.72% of their portfolio | 660.4k $255.3m | Reduced -45.5k |
| Invesco Ltd. 0.03% of their portfolio | 638.1k $289.7m | Added +29.2k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 630.7k $286.3m | Reduced -209.8k |
| Holocene Advisors, LP 0.56% of their portfolio | 587.2k $266.6m | Added +19.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.63% of their portfolio | 495.3k $224.8m | Added +36.2k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 487.5k $221.3m | Reduced -10.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 447.6k $203.2m | Reduced -153.2k |
| Local Pensions Partnership Investment Ltd 3.51% of their portfolio | 439.3k $199.4m | Added +25.8k |
| BLAIR WILLIAM & CO/IL 0.50% of their portfolio | 412.9k $187.4m | Reduced -11.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 400.0k $181.6m | Reduced -448.4k |
| Artisan Partners Limited Partnership 0.28% of their portfolio | 399.2k $181.2m | Reduced -127.8k |
| JANUS HENDERSON GROUP PLC 0.08% of their portfolio | 391.0k $177.5m | Reduced -21.6k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 378.9k $172.0m | Added +25.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 366.6k $166.4m | Reduced -7.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 358.1k $162.6m | Added +29.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 331.4k $150.5m | Added +10.3k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 329.5k $149.6m | Reduced -535.6k |
| RGM Capital, LLC 6.72% of their portfolio | 305.0k $138.5m | Added +15.2k |
| NEUBERGER BERMAN GROUP LLC 0.10% of their portfolio | 300.3k $136.3m | Reduced -45.9k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 274.0k $124.4m | Added +17.2k |
| Swedbank AB 0.12% of their portfolio | 262.6k $119.2m | Reduced -49.8k |
| EULAV Asset Management 3.02% of their portfolio | 249.1k $113.1m | Unchanged |
| RIVERBRIDGE PARTNERS LLC 2.03% of their portfolio | 238.7k $108.4m | Reduced -29.9k |
| FEDERATED HERMES, INC. 0.18% of their portfolio | 235.5k $106.9m | Added +3.2k |
| Impax Asset Management Group plc 0.67% of their portfolio | 235.1k $106.7m | New |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 235.1k $106.7m | Added +23.5k |
| UBS Group AG 0.02% of their portfolio | 224.6k $102.0m | Added +12.7k |
| GENEVA CAPITAL MANAGEMENT LLC 1.90% of their portfolio | 223.2k $101.3m | Reduced -12.5k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 217.9k $99.7m | Reduced -26.1k |
| TCW GROUP INC 0.68% of their portfolio | 209.5k $95.1m | Reduced -17.6k |
| Legal & General Group Plc 0.02% of their portfolio | 205.0k $93.0m | Reduced -3.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 203.7k $92.5m | Added +24.4k |
| DF DENT & CO INC 1.31% of their portfolio | 201.3k $91.4m | Reduced -51.5k |
| Amundi 0.02% of their portfolio | 164.6k $74.7m | Added +38.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 164.5k $74.7m | Added +2.4k |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 161.2k $73.2m | Reduced -129.3k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 154.1k $70.0m | Added +20.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 152.8k $69.4m | Reduced -20.1k |
| TD Asset Management Inc 0.06% of their portfolio | 152.7k $69.3m | Added +1.1k |
| Seilern Investment Management Ltd 5.32% of their portfolio | 151.0k $68.6m | Added +14.5k |
| Fiera Capital Corp 0.21% of their portfolio | 143.4k $65.1m | Added +35.8k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.10% of their portfolio | 142.1k $64.5m | First filing |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 139.6k $63.4m | Added +4.1k |
| Stephens Investment Management Group LLC 0.80% of their portfolio | 135.5k $61.5m | Added +548 |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 125.5k $57.0m | Added +59.5k |
| Nuveen, LLC 0.01% of their portfolio | 121.9k $55.4m | Reduced -7.7k |
| Swiss National Bank 0.03% of their portfolio | 118.6k $53.8m | Reduced -5.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 116.8k $53.0m | Added +104.4k |
| Curi Capital, LLC 0.88% of their portfolio | 112.1k $50.9m | Reduced -8.3k |
| TimesSquare Capital Management, LLC 0.76% of their portfolio | 111.7k $50.7m | Added +7.9k |
| Handelsbanken Fonder AB 0.15% of their portfolio | 111.5k $50.6m | Reduced -155.1k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 111.1k $48.4m | Reduced -3.5k |
| California Public Employees Retirement System 0.03% of their portfolio | 109.7k $49.8m | Reduced -22.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 108.1k $49.1m | Reduced -2.8k |
| Conestoga Capital Advisors, LLC 0.82% of their portfolio | 107.5k $48.8m | Added +13.4k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 104.0k $47.2m | Added +933 |
| Sandhill Capital Partners LLC 3.24% of their portfolio | 100.1k $45.5m | Added +10.4k |
| Hudson Way Capital Management LLC 3.56% of their portfolio | 98.7k $44.8m | Reduced -2.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 91.8k $40.0m | Added +5.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 91.1k $41.4m | Added +10.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 90.7k $41.2m | Reduced -112.6k |
| CITIGROUP INC 0.03% of their portfolio | 88.0k $40.0m | Added +21.0k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 87.5k $39.7m | Reduced -10.3k |
| Premier Fund Managers Ltd 2.14% of their portfolio | 81.2k $37.2m | Reduced -19.4k |
| BARCLAYS PLC 0.01% of their portfolio | 79.2k $36.0m | Reduced -6.2k |
| BROWN CAPITAL MANAGEMENT LLC 2.76% of their portfolio | 74.1k $33.6m | Reduced -88.0k |
| Quantum Capital Management, LLC / NJ 3.84% of their portfolio | 73.0k $33.1m | Reduced -1.5k |
| ASSETMARK, INC 0.06% of their portfolio | 68.8k $31.2m | Added +5.0k |
| National Pension Service 0.02% of their portfolio | 67.6k $30.7m | Reduced -75 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 66.3k $30.1m | Reduced -566 |
| Skandinaviska Enskilda Banken AB (publ) 0.12% of their portfolio | 64.2k $29.1m | Reduced -172 |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 63.5k $28.8m | Added +45.6k |
| HM PAYSON & CO 0.38% of their portfolio | 59.9k $27.2m | Reduced -1.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 57.5k $26.1m | Reduced -29.1k |
| Praesidium Investment Management Company, LLC 4.80% of their portfolio | 57.1k $25.9m | Added +586 |
| Baird Financial Group, Inc. 0.04% of their portfolio | 56.5k $25.7m | Reduced -13.5k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 53.3k $24.2m | Added +35.7k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.38% of their portfolio | 53.2k $24.2m | Added +1.2k |
| Capital Investment Services of America, Inc. 2.27% of their portfolio | 53.1k $24.1m | Reduced -341 |
| GAMCO INVESTORS, INC. ET AL 0.23% of their portfolio | 52.4k $23.8m | Reduced -12 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio | 51.9k $23.5m | Added +11 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 51.9k $23.5m | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.09% of their portfolio | 51.8k $23.5m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 51.7k $23.5m | Added +30.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 51.3k $23.3m | New |
| Sone Capital Management, LLC 1.82% of their portfolio | 49.4k $22.4m | Reduced -5.3k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.09% of their portfolio | 49.4k $22.4m | Reduced -575 |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 48.6k $22.1m | Added +30.0k |
| GENERAL AMERICAN INVESTORS CO INC 1.32% of their portfolio | 46.7k $21.2m | Added +2.3k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 45.6k $20.7m | Added +858 |