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 ($210.8m this quarter). Holder counts are more reliable. Shares outstanding: 381.9m as of 2025-07-28, 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 ≈ $128.34. Options: 61 managers hold calls ($4.8bn notional), 52 hold puts ($3.6bn).
Trends to Q2 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 |
| Q2 2025 | 1,311 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 818 | 486 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.8bn | $1.1bn | 0.63 |
| Q4 2024 | $1.7bn | $1.4bn | 0.81 |
| Q1 2025 | $1.5bn | $1.7bn | 1.12 |
| Q2 2025 | $4.8bn | $3.6bn | 0.76 |
Biggest buyers
| Winslow Capital Management, LLC | New | +3.6m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +3.5m |
| Nuveen, LLC | Added | +2.5m |
| BANK OF AMERICA CORP /DE/ | Added | +2.1m |
| MORGAN STANLEY | Added | +2.0m |
| Polar Capital Holdings Plc | Added | +1.9m |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +1.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.4m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.3m |
| BlackRock, Inc. | Added | +1.2m |
Biggest sellers
| Amundi | Reduced | -5.4m |
| JPMORGAN CHASE & CO | Reduced | -4.5m |
| JENNISON ASSOCIATES LLC | Sold out | -4.3m |
| BARCLAYS PLC | Reduced | -1.6m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -1.1m |
| FEDERATED HERMES, INC. | Reduced | -1.0m |
| TWINBEECH CAPITAL LP | Reduced | -914.6k |
| Schonfeld Strategic Advisors LLC | Reduced | -884.2k |
| AXIOM INVESTORS LLC /DE | Sold out | -847.7k |
| Bridgewater Associates, LP | Reduced | -824.3k |
Biggest calls
| PEAK6 LLC | Added | $759.5m5.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $711.9m5.5m shares |
| 1832 Asset Management L.P. | New | $532.9m4.2m shares |
| JANE STREET GROUP, LLC | Added | $434.7m3.4m shares |
| BARCLAYS PLC | Added | $397.9m3.1m shares |
| CITADEL ADVISORS LLC | Added | $368.3m2.9m shares |
| Walleye Trading LLC | Added | $272.8m2.1m shares |
| IMC-Chicago, LLC | Added | $141.3m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $130.4m1.0m shares |
| WOLVERINE TRADING, LLC | Added | $104.9m825.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $581.1m4.5m shares |
| BARCLAYS PLC | Added | $400.8m3.1m shares |
| JANE STREET GROUP, LLC | Added | $357.9m2.8m shares |
| CITADEL ADVISORS LLC | Reduced | $328.3m2.6m shares |
| PEAK6 LLC | Added | $247.1m1.9m shares |
| Squarepoint Ops LLC | Added | $218.0m1.7m shares |
| D. E. Shaw & Co., Inc. | Added | $201.3m1.6m shares |
| IMC-Chicago, LLC | Added | $136.5m1.1m shares |
| Walleye Trading LLC | Added | $131.6m1.0m shares |
| BANK OF AMERICA CORP /DE/ | Added | $120.7m940.0k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 2 | $10.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-06 | Liang Stephen Chief Technology Officer & EVP | Sold | $5.1m43.7k shares |
| 2025-05-09 | Winther Karsten President, EMEA | Sold | $518.8k5.5k shares |
| 2025-05-08 | Winther Karsten President, EMEA | Sold | $5.2m54.2k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 38.0m $4.9bn | Added +291.6k |
| BlackRock, Inc. 0.09% of their portfolio | 35.2m $4.5bn | Added +1.2m |
| BANK OF AMERICA CORP /DE/ 0.11% of their portfolio | 10.4m $1.3bn | Added +2.1m |
| FMR LLC 0.06% of their portfolio | 8.9m $1.1bn | Reduced -45.7k |
| MORGAN STANLEY 0.07% of their portfolio | 8.3m $1.1bn | Added +2.0m |
| STATE STREET CORP 0.04% of their portfolio | 8.3m $1.1bn | Added +442.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 6.7m $856.1m | Added +220.0k |
| Invesco Ltd. 0.13% of their portfolio | 5.9m $761.7m | Added +1.0m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 2.47% of their portfolio | 5.7m $733.5m | Added +277.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.11% of their portfolio | 4.9m $627.6m | Added +1.3m |
| VICTORY CAPITAL MANAGEMENT INC 0.36% of their portfolio | 4.4m $553.7m | Added +3.5m |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 4.2m $538.2m | Reduced -4.5m |
| NORGES BANK 0.07% of their portfolio | 4.2m $538.1m | Added +364.0k |
| UBS Group AG 0.10% of their portfolio | 3.7m $470.8m | Added +166.9k |
| Winslow Capital Management, LLC 1.53% of their portfolio | 3.6m $459.3m | New |
| Nuveen, LLC 0.13% of their portfolio | 3.6m $456.1m | Added +2.5m |
| FRED ALGER MANAGEMENT, LLC 1.87% of their portfolio | 3.2m $417.2m | Reduced -246.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.39% of their portfolio | 3.2m $415.1m | Added +1.6m |
| Clearbridge Investments, LLC 0.34% of their portfolio | 3.2m $413.8m | Reduced -213.6k |
| AMERICAN CENTURY COMPANIES INC 0.21% of their portfolio | 2.9m $377.6m | Added +306.8k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 2.9m $371.5m | Added +53.6k |
| AMERIPRISE FINANCIAL INC 0.09% of their portfolio | 2.8m $361.0m | Added +930.2k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 2.7m $349.5m | Added +216.4k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 1.42% of their portfolio | 2.6m $338.7m | Added +259.8k |
| BAMCO INC /NY/ 0.89% of their portfolio | 2.6m $330.1m | Reduced -396.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 2.4m $309.9m | Added +389.7k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 2.4m $307.0m | Added +236.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 2.4m $305.3m | Added +1.4m |
| Polar Capital Holdings Plc 1.58% of their portfolio | 2.3m $301.0m | Added +1.9m |
| COOPERMAN LEON G 9.74% of their portfolio | 2.2m $277.1m | Unchanged |
| 1832 Asset Management L.P. 0.48% of their portfolio | 2.1m $274.4m | Reduced -165.1k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 2.1m $271.0m | Reduced -150.4k |
| Legal & General Group Plc 0.06% of their portfolio | 2.0m $257.6m | Added +260.0k |
| AQR CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 2.0m $251.3m | Added +572.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.9m $244.1m | Added +60.7k |
| RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio | 1.9m $243.9m | Reduced -126.4k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.9m $237.7m | Added +961.9k |
| NEW SOUTH CAPITAL MANAGEMENT INC 11.45% of their portfolio | 1.8m $236.4m | Reduced -269.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio | 1.8m $228.6m | Reduced -30.9k |
| Value Aligned Research Advisors, LLC 10.06% of their portfolio | 1.8m $225.2m | Added +31.5k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 1.6m $204.1m | Added +159.5k |
| JANE STREET GROUP, LLC 0.33% of their portfolio | 1.6m $203.3m | Added +787.7k |
| Amundi 0.07% of their portfolio | 1.6m $195.7m | Reduced -5.4m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.67% of their portfolio | 1.4m $184.2m | Added +211.8k |
| JANUS HENDERSON GROUP PLC 0.09% of their portfolio | 1.4m $182.1m | Added +76.6k |
| Pictet Asset Management Holding SA 0.18% of their portfolio | 1.4m $177.9m | Reduced -56.1k |
| LOCUST WOOD CAPITAL ADVISERS, LLC 5.02% of their portfolio | 1.3m $170.1m | Added +117.6k |
| SEI INVESTMENTS CO 0.17% of their portfolio | 1.2m $148.9m | Added +765.9k |
| Swiss National Bank 0.08% of their portfolio | 1.1m $140.6m | Added +89.4k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 1.1m $135.8m | Added +110.6k |
| Robeco Schweiz AG 3.07% of their portfolio | 1.0m $133.0m | Reduced -22.8k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.0m $132.9m | Added +220.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.20% of their portfolio | 1.0m $128.8m | Reduced -1.1m |
| Alyeska Investment Group, L.P. 0.45% of their portfolio | 988.3k $126.9m | Added +208.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.28% of their portfolio | 891.5k $114.5m | Added +19.5k |
| Swedbank AB 0.12% of their portfolio | 841.3k $108.0m | First filing |
| Holocene Advisors, LP 0.26% of their portfolio | 835.9k $107.3m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 818.0k $105.0m | Reduced -26.7k |
| LBP AM SA 1.46% of their portfolio | 808.9k $103.9m | Reduced -55.4k |
| Robeco Institutional Asset Management B.V. 0.16% of their portfolio | 786.2k $100.9m | Added +347.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 737.5k $94.7m | Reduced -218.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 732.8k $94.1m | Added +137.9k |
| Trivest Advisors Ltd 3.64% of their portfolio | 730.5k $93.8m | New |
| Fundsmith LLP 0.40% of their portfolio | 724.9k $93.1m | New |
| Munro Partners 2.87% of their portfolio | 718.5k $92.3m | Added +676.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 710.9k $91.3m | Reduced -658.3k |
| Zuckerman Investment Group, LLC 8.73% of their portfolio | 701.6k $90.1m | Added +20.9k |
| US BANCORP \DE\ 0.11% of their portfolio | 697.7k $89.6m | Added +3.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.82% of their portfolio | 690.7k $88.7m | Added +83.5k |
| STIFEL FINANCIAL CORP 0.09% of their portfolio | 685.9k $88.1m | Added +54.2k |
| FIRST MANHATTAN CO. LLC. 0.25% of their portfolio | 683.9k $87.8m | Reduced -234.1k |
| LPL Financial LLC 0.03% of their portfolio | 662.5k $85.1m | Added +96.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.08% of their portfolio | 659.5k $84.7m | Reduced -451.0k |
| California Public Employees Retirement System 0.05% of their portfolio | 658.2k $84.5m | Added +208.3k |
| Whale Rock Capital Management LLC 1.17% of their portfolio | 657.0k $84.4m | Reduced -506.6k |
| Cannell & Spears LLC 1.68% of their portfolio | 647.1k $83.1m | Reduced -73.5k |
| DekaBank Deutsche Girozentrale 0.15% of their portfolio | 644.9k $83.1m | Added +43.9k |
| Employees Retirement System of Texas 0.66% of their portfolio | 636.4k $81.7m | Reduced -14.7k |
| Stephens Investment Management Group LLC 1.08% of their portfolio | 635.3k $81.6m | Reduced -34.0k |
| TCW GROUP INC 0.63% of their portfolio | 624.1k $80.1m | Added +7.8k |
| OP Asset Management Ltd 1.15% of their portfolio | 623.8k $80.1m | Reduced -8.7k |
| National Pension Service 0.07% of their portfolio | 616.1k $79.1m | Added +4.3k |
| Atika Capital Management LLC 8.22% of their portfolio | 613.1k $78.7m | Added +126.0k |
| CORSAIR CAPITAL MANAGEMENT, L.P. 15.05% of their portfolio | 611.8k $78.6m | Reduced -445 |
| Korea Investment CORP 0.17% of their portfolio | 586.8k $75.4m | Reduced -29.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 584.9k $75.1m | Added +21.4k |
| Handelsbanken Fonder AB 0.26% of their portfolio | 578.3k $74.3m | Added +178.3k |
| PANAGORA ASSET MANAGEMENT INC 0.33% of their portfolio | 572.2k $73.5m | Added +213.1k |
| Intermede Investment Partners Ltd 2.33% of their portfolio | 561.3k $72.1m | Reduced -138.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.25% of their portfolio | 543.0k $69.7m | Added +89.3k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 527.1k $67.4m | Added +18.8k |
| Blue Whale Capital LLP 4.28% of their portfolio | 508.9k $65.4m | Reduced -223.2k |
| Balyasny Asset Management L.P. 0.15% of their portfolio | 500.7k $64.3m | Added +372.7k |
| Ensign Peak Advisors, Inc 0.11% of their portfolio | 498.6k $64.0m | Reduced -19.8k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 496.2k $63.7m | Added +9.8k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 490.6k $63.0m | Added +15.0k |
| BARCLAYS PLC 0.02% of their portfolio | 489.7k $62.9m | Reduced -1.6m |
| Chescapmanager LLC 10.43% of their portfolio | 484.2k $62.2m | Unchanged |
| Allianz Asset Management GmbH 0.08% of their portfolio | 477.0k $61.3m | Added +200.8k |
| Impax Asset Management Group plc 0.35% of their portfolio | 472.4k $60.7m | Reduced -59.7k |