VERTIV HOLDINGS CO VRT
COM CL A · Common Stock · CUSIP 92537N108 · ISIN US92537N1081
Multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments
- SectorTechnology
- IndustryElectronic Components, NEC
- HeadquartersWesterville, OH
- Founded1965
- Websitevertiv.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 ($103.9m this quarter). Holder counts are more reliable. Shares outstanding: 381.1m as of 2025-04-21, 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 ≈ $72.56. Options: 66 managers hold calls ($1.5bn notional), 45 hold puts ($1.7bn).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 255 |
| Q4 2022 | 286 |
| Q1 2023 | 299 |
| Q2 2023 | 354 |
| Q3 2023 | 455 |
| Q4 2023 | 586 |
| Q1 2024 | 761 |
| Q2 2024 | 910 |
| Q3 2024 | 1,025 |
| Q4 2024 | 1,204 |
| Q1 2025 | 1,150 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 180 | 178 |
| Q3 2023 | 275 | 181 |
| Q4 2023 | 349 | 242 |
| Q1 2024 | 472 | 294 |
| Q2 2024 | 571 | 341 |
| Q3 2024 | 642 | 406 |
| Q4 2024 | 653 | 467 |
| Q1 2025 | 732 | 574 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $1.2bn | $863.0m | 0.70 |
| Q3 2024 | $1.8bn | $1.1bn | 0.63 |
| Q4 2024 | $1.7bn | $1.4bn | 0.81 |
| Q1 2025 | $1.5bn | $1.7bn | 1.12 |
Biggest buyers
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | New | +5.4m |
| Amundi | Added | +3.4m |
| 1832 Asset Management L.P. | Added | +2.1m |
| BARCLAYS PLC | Added | +1.6m |
| VANGUARD GROUP INC | Added | +1.4m |
| Value Aligned Research Advisors, LLC | Added | +1.3m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +992.0k |
| TWINBEECH CAPITAL LP | New | +916.9k |
| Schonfeld Strategic Advisors LLC | Added | +781.8k |
| CITADEL ADVISORS LLC | Added | +742.7k |
Biggest sellers
| COATUE MANAGEMENT LLC | Sold out | -6.4m |
| JPMORGAN CHASE & CO | Reduced | -4.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -3.9m |
| JENNISON ASSOCIATES LLC | Reduced | -3.5m |
| FMR LLC | Reduced | -2.6m |
| Invesco Ltd. | Reduced | -2.2m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.5m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.5m |
| AXIOM INVESTORS LLC /DE | Reduced | -1.5m |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Reduced | -1.3m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $426.5m5.9m shares |
| CITADEL ADVISORS LLC | Added | $185.6m2.6m shares |
| JANE STREET GROUP, LLC | Added | $168.9m2.3m shares |
| UBS Group AG | Added | $80.0m1.1m shares |
| Squarepoint Ops LLC | Added | $72.7m1.0m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $68.5m948.3k shares |
| SIMPLEX TRADING, LLC | Added | $62.7m869.1k shares |
| IMC-Chicago, LLC | Added | $53.2m736.8k shares |
| WOLVERINE TRADING, LLC | Added | $50.8m683.7k shares |
| Walleye Trading LLC | Added | $40.9m566.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $343.7m4.8m shares |
| BARCLAYS PLC | New | $224.8m3.1m shares |
| CITADEL ADVISORS LLC | Reduced | $186.5m2.6m shares |
| JANE STREET GROUP, LLC | Added | $182.5m2.5m shares |
| PEAK6 LLC | Added | $75.0m1.0m shares |
| D. E. Shaw & Co., Inc. | Added | $67.9m940.5k shares |
| IMC-Chicago, LLC | Added | $66.3m918.8k shares |
| Squarepoint Ops LLC | Added | $54.9m760.1k shares |
| BANK OF AMERICA CORP /DE/ | New | $44.5m616.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $44.0m609.7k 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% |
| BlackRock, Inc. 13G · institution -1.0 pts · filed 2026-10-27 | 6.8% |
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 Q1 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 |
|---|---|---|---|---|---|
| Q2 2023 | 1 | $741.3k | 2 | $92.9m | $90.7m |
| Q3 2023 | 0 | — | 3 | $1.1bn | $67.3m |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $25.5m | — |
| Q2 2024 | 0 | — | 4 | $544.5m | — |
| Q3 2024 | 0 | — | 1 | $3.6m | $3.6m |
| Q4 2024 | 0 | — | 8 | $293.6m | $673.5k |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 37.7m $2.7bn | Added +1.4m |
| BlackRock, Inc. 0.05% of their portfolio | 34.1m $2.5bn | Added +38.5k |
| FMR LLC 0.04% of their portfolio | 8.9m $643.9m | Reduced -2.6m |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 8.7m $624.6m | Reduced -4.4m |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 8.2m $595.6m | Reduced -753.0k |
| STATE STREET CORP 0.02% of their portfolio | 7.8m $565.1m | Reduced -6.1k |
| Amundi 0.17% of their portfolio | 7.0m $469.5m | Added +3.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 6.5m $466.2m | Added +415.8k |
| MORGAN STANLEY 0.03% of their portfolio | 6.3m $452.5m | Added +568.2k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.42% of their portfolio | 5.4m $392.4m | New |
| Invesco Ltd. 0.07% of their portfolio | 4.9m $354.3m | Reduced -2.2m |
| JENNISON ASSOCIATES LLC 0.22% of their portfolio | 4.3m $307.9m | Reduced -3.5m |
| NORGES BANK 0.04% of their portfolio | 3.8m $276.3m | Added +378.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 3.6m $259.3m | Reduced -1.3m |
| UBS Group AG 0.06% of their portfolio | 3.5m $252.7m | Added +436.0k |
| FRED ALGER MANAGEMENT, LLC 1.44% of their portfolio | 3.5m $252.4m | Added +572.5k |
| Clearbridge Investments, LLC 0.22% of their portfolio | 3.4m $248.1m | Reduced -211.0k |
| BAMCO INC /NY/ 0.63% of their portfolio | 3.0m $214.2m | Added +216.6k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.8m $205.1m | Added +182.9k |
| AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio | 2.6m $190.1m | Reduced -688.9k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 2.5m $180.9m | Reduced -207.7k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.84% of their portfolio | 2.4m $171.7m | Reduced -1.3m |
| 1832 Asset Management L.P. 0.32% of their portfolio | 2.3m $166.2m | Added +2.1m |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.3m $163.2m | Reduced -96.9k |
| COOPERMAN LEON G 6.19% of their portfolio | 2.2m $155.8m | Added +57.8k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 2.2m $155.5m | Added +390.4k |
| BARCLAYS PLC 0.07% of their portfolio | 2.1m $152.4m | Added +1.6m |
| NEW SOUTH CAPITAL MANAGEMENT INC 7.35% of their portfolio | 2.1m $152.4m | Added +34.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.24% of their portfolio | 2.1m $148.8m | Added +992.0k |
| RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio | 2.0m $146.3m | Reduced -250.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 2.0m $146.1m | Reduced -291.2k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 1.9m $135.6m | Reduced -784.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.8m $132.9m | Added +94.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.11% of their portfolio | 1.8m $130.8m | Reduced -1.5m |
| Legal & General Group Plc 0.03% of their portfolio | 1.7m $126.1m | Added +80.9k |
| Value Aligned Research Advisors, LLC 10.10% of their portfolio | 1.7m $124.3m | Added +1.3m |
| NORDEA INVESTMENT MANAGEMENT AB 0.12% of their portfolio | 1.6m $114.5m | Added +658.2k |
| Pictet Asset Management Holding SA 0.12% of their portfolio | 1.4m $104.2m | Reduced -52 |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.4m $103.2m | Added +272.2k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 1.4m $96.9m | Added +101.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.4m $98.9m | Reduced -3.9m |
| JANUS HENDERSON GROUP PLC 0.05% of their portfolio | 1.3m $99.6m | Reduced -374.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.34% of their portfolio | 1.2m $88.3m | Added +114.8k |
| LOCUST WOOD CAPITAL ADVISERS, LLC 3.04% of their portfolio | 1.2m $87.1m | Added +139.4k |
| Whale Rock Capital Management LLC 1.46% of their portfolio | 1.2m $84.0m | Reduced -30.2k |
| FEDERATED HERMES, INC. 0.17% of their portfolio | 1.1m $81.1m | Reduced -751.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 1.1m $80.2m | Added +540.3k |
| Nuveen, LLC 0.02% of their portfolio | 1.1m $77.8m | First filing |
| Robeco Schweiz AG 1.88% of their portfolio | 1.1m $76.5m | Reduced -120.4k |
| Schonfeld Strategic Advisors LLC 0.49% of their portfolio | 1.0m $73.6m | Added +781.8k |
| Swiss National Bank 0.05% of their portfolio | 1.0m $72.6m | Reduced -1.2k |
| CITIGROUP INC 0.05% of their portfolio | 996.5k $71.9m | Added +445.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.07% of their portfolio | 956.2k $71.0m | Reduced -211.3k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 949.0k $68.5m | Added +742.7k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 946.8k $68.4m | Reduced -367.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 943.6k $68.1m | Reduced -1.2m |
| FIRST MANHATTAN CO. LLC. 0.19% of their portfolio | 918.0k $66.3m | Added +521.8k |
| TWINBEECH CAPITAL LP 1.20% of their portfolio | 916.9k $66.2m | New |
| Bridgewater Associates, LP 0.30% of their portfolio | 910.4k $65.7m | Added +706.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 889.1k $64.2m | Reduced -284.1k |
| Temasek Holdings (Private) Ltd 0.26% of their portfolio | 885.3k $63.9m | Added +674.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.10% of their portfolio | 874.2k $63.1m | Reduced -1.5m |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.18% of their portfolio | 871.9k $63.0m | Reduced -43.8k |
| LBP AM SA 0.96% of their portfolio | 864.4k $62.4m | Added +375.5k |
| AXIOM INVESTORS LLC /DE 0.29% of their portfolio | 847.7k $61.2m | Reduced -1.5m |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 844.6k $61.0m | Added +3.8k |
| Point72 Asset Management, L.P. 0.17% of their portfolio | 832.8k $60.1m | Added +473.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 830.2k $59.9m | Added +187.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 815.1k $58.8m | Added +119.2k |
| JANE STREET GROUP, LLC 0.10% of their portfolio | 795.7k $57.4m | Added +211.3k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 788.4k $56.9m | Added +23.1k |
| Alyeska Investment Group, L.P. 0.23% of their portfolio | 779.9k $56.3m | Added +187.0k |
| Blue Whale Capital LLP 4.28% of their portfolio | 732.1k $52.9m | Added +165.2k |
| Cannell & Spears LLC 1.12% of their portfolio | 720.6k $52.0m | Added +29.2k |
| Intermede Investment Partners Ltd 1.68% of their portfolio | 699.5k $50.5m | New |
| US BANCORP \DE\ 0.07% of their portfolio | 694.1k $50.1m | Added +160.2k |
| Zuckerman Investment Group, LLC 5.27% of their portfolio | 680.7k $49.1m | Reduced -21.8k |
| Stephens Investment Management Group LLC 0.70% of their portfolio | 669.3k $48.3m | Reduced -151.1k |
| Employees Retirement System of Texas 0.43% of their portfolio | 651.0k $47.0m | Added +192.9k |
| OP Asset Management Ltd 0.75% of their portfolio | 632.6k $45.7m | First filing |
| STIFEL FINANCIAL CORP 0.05% of their portfolio | 631.7k $45.6m | Added +182.4k |
| TCW GROUP INC 0.40% of their portfolio | 616.3k $44.5m | Added +125.1k |
| Korea Investment CORP 0.11% of their portfolio | 615.9k $44.5m | Added +267.0k |
| CORSAIR CAPITAL MANAGEMENT, L.P. 11.38% of their portfolio | 612.2k $44.2m | Reduced -4.9k |
| National Pension Service 0.04% of their portfolio | 611.8k $44.2m | Added +68.7k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.48% of their portfolio | 607.2k $43.8m | Added +453.5k |
| DekaBank Deutsche Girozentrale 0.08% of their portfolio | 600.9k $41.7m | Reduced -43.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 594.9k $43.0m | Added +441.2k |
| LPL Financial LLC 0.02% of their portfolio | 565.8k $40.8m | Reduced -42.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 563.5k $40.7m | Added +1.3k |
| Hardman Johnston Global Advisors LLC 1.85% of their portfolio | 535.2k $38.6m | Reduced -227.1k |
| Impax Asset Management Group plc 0.23% of their portfolio | 532.1k $38.4m | Added +34.6k |
| Ensign Peak Advisors, Inc 0.07% of their portfolio | 518.4k $37.4m | Added +141.8k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 508.3k $37.0m | Added +387.7k |
| STRS OHIO 0.15% of their portfolio | 501.6k $36.2m | Added +43.1k |
| Atika Capital Management LLC 5.40% of their portfolio | 487.1k $35.2m | Added +134.1k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 486.5k $35.1m | Reduced -219.4k |
| Chescapmanager LLC 7.28% of their portfolio | 484.2k $35.0m | Reduced -38.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 480.6k $34.7m | Added +15.1k |
| Ceredex Value Advisors LLC 0.75% of their portfolio | 475.9k $34.4m | Added +231.9k |