VOYA FINANCIAL INC VOYA
COM · Common Stock · CUSIP 929089100 · ISIN US9290891004
Rebranded Dutch financial organization
* 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 ($26.8m this quarter). Holder counts are more reliable. Shares outstanding: 96.4m as of 2025-08-01, 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 ≈ $68.27. Options: 9 managers hold calls ($6.8m notional), 7 hold puts ($2.2m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 386 |
| Q4 2022 | 415 |
| Q1 2023 | 400 |
| Q2 2023 | 367 |
| Q3 2023 | 383 |
| Q4 2023 | 394 |
| Q1 2024 | 396 |
| Q2 2024 | 408 |
| Q3 2024 | 425 |
| Q4 2024 | 419 |
| Q1 2025 | 438 |
| Q2 2025 | 429 |
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 | 172 | 165 |
| Q4 2023 | 155 | 190 |
| Q1 2024 | 180 | 198 |
| Q2 2024 | 187 | 197 |
| Q3 2024 | 184 | 230 |
| Q4 2024 | 173 | 219 |
| Q1 2025 | 219 | 187 |
| Q2 2025 | 207 | 220 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $28.3m | $54.6m | 1.93 |
| Q4 2024 | $12.1m | $20.6m | 1.69 |
| Q1 2025 | $7.2m | $5.5m | 0.76 |
| Q2 2025 | $6.8m | $2.2m | 0.32 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +3.5m |
| Boston Partners | Added | +1.4m |
| Balyasny Asset Management L.P. | Added | +1.1m |
| Woodline Partners LP | Added | +1.0m |
| Freestone Grove Partners LP | New | +1.0m |
| FMR LLC | Added | +866.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +633.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +508.0k |
| Bank of New York Mellon Corp | Added | +407.4k |
| AMERIPRISE FINANCIAL INC | Added | +219.1k |
Biggest sellers
| FRANKLIN RESOURCES INC | Reduced | -2.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.7m |
| Impax Asset Management Group plc | Reduced | -936.7k |
| BlackRock, Inc. | Reduced | -853.0k |
| T. Rowe Price Investment Management, Inc. | Sold out | -692.2k |
| Gillson Capital LP | Sold out | -299.9k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -262.2k |
| Amundi | Reduced | -226.6k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -222.7k |
| TWINBEECH CAPITAL LP | Sold out | -210.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $2.5m34.8k shares |
| WOLVERINE TRADING, LLC | New | $1.7m23.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2m17.5k shares |
| Walleye Trading LLC | Added | $1.1m14.9k shares |
| JANE STREET GROUP, LLC | New | $255.6k3.6k shares |
| SIMPLEX TRADING, LLC | Added | $71.0k1.0k shares |
| GROUP ONE TRADING LLC | New | $63.9k900 shares |
| MORGAN DEMPSEY CAPITAL MANAGEMENT LLC | Unchanged | $7.1k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $1.3m18.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $376.3k5.3k shares |
| WOLVERINE TRADING, LLC | New | $303.9k4.3k shares |
| Walleye Trading LLC | Reduced | $163.3k2.3k shares |
| GROUP ONE TRADING LLC | New | $42.6k600 shares |
| SIMPLEX TRADING, LLC | Reduced | $21.0k300 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.
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 filed 2025-04-17 | 9.2% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +1.1 pts · filed 2025-11-14 | 7.0% |
| Bank of New York Mellon Corp 13G · institution +0.3 pts · filed 2026-07-29 | 6.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: WELLINGTON MANAGEMENT GROUP LLP (4.3%, 2026-08-13), FMR LLC (1.3%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO 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 | — | 1 | $151.3k | — |
| Q4 2023 | 0 | — | 2 | $5.1m | — |
| Q1 2024 | 0 | — | 3 | $7.3m | $438.1k |
| Q2 2024 | 0 | — | 1 | $159.7k | — |
| Q3 2024 | 0 | — | 1 | $1.0m | $1.0m |
| Q4 2024 | 0 | — | 1 | $58.6k | — |
| Q1 2025 | 0 | — | 2 | $557.4k | — |
| Q2 2025 | 0 | — | 1 | $112.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-27 | Butler Yvette S. Director | Sold | $112.5k1.7k 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 0.01% of their portfolio | 11.3m $802.4m | Reduced -82.4k |
| BlackRock, Inc. 0.01% of their portfolio | 10.1m $718.0m | Reduced -853.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 6.3m $448.2m | Added +633.2k |
| Bank of New York Mellon Corp 0.07% of their portfolio | 5.5m $393.3m | Added +407.4k |
| KELLY FINANCIAL GROUP LLC 1.16% of their portfolio | 4.0m $4.0m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 3.8m $271.1m | Reduced -1.7m |
| FMR LLC 0.02% of their portfolio | 3.8m $268.6m | Added +866.4k |
| PZENA INVESTMENT MANAGEMENT LLC 0.85% of their portfolio | 3.7m $259.9m | Added +62.1k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 3.6m $256.6m | Added +3.5m |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 3.4m $242.7m | Added +219.1k |
| Boston Partners 0.27% of their portfolio | 3.4m $239.2m | Added +1.4m |
| STATE STREET CORP 0.01% of their portfolio | 3.3m $237.8m | Reduced -47.2k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 2.7m $189.5m | Reduced -2.8m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 2.6m $182.8m | Reduced -91.7k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.4m $169.6m | Added +18.8k |
| Balyasny Asset Management L.P. 0.34% of their portfolio | 2.1m $148.1m | Added +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.8m $125.8m | Reduced -1.8k |
| MORGAN STANLEY 0.01% of their portfolio | 1.6m $113.8m | Added +138.4k |
| Woodline Partners LP 0.55% of their portfolio | 1.5m $103.6m | Added +1.0m |
| NORGES BANK 0.01% of their portfolio | 1.4m $97.9m | Reduced -39.8k |
| FIL Ltd 0.07% of their portfolio | 1.1m $76.6m | Added +2.5k |
| LSV ASSET MANAGEMENT 0.18% of their portfolio | 1.1m $74.9m | Reduced -26.7k |
| GW&K Investment Management, LLC 0.65% of their portfolio | 1.0m $72.5m | Added +11.0k |
| Freestone Grove Partners LP 0.54% of their portfolio | 1.0m $71.7m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 883.4k $62.7m | Reduced -55.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 878.2k $62.3m | Added +508.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 670.6k $47.6m | Added +14.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 663.0k $47.1m | Added +953 |
| HENNESSY ADVISORS INC 1.33% of their portfolio | 562.0k $39.9m | Reduced -62.1k |
| ALGEBRIS (UK) LTD 5.67% of their portfolio | 507.5k $36.0m | Added +153.1k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 491.2k $34.9m | Reduced -21.8k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.24% of their portfolio | 484.2k $34.4m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 482.7k $34.3m | Reduced -129.4k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 460.3k $32.7m | Reduced -107.8k |
| Nuveen, LLC 0.01% of their portfolio | 390.4k $27.7m | Added +144.2k |
| Invesco Ltd. 0.00% of their portfolio | 379.9k $27.0m | Added +55.9k |
| Impax Asset Management Group plc 0.14% of their portfolio | 340.0k $24.1m | Reduced -936.7k |
| Aristotle Capital Boston, LLC 1.15% of their portfolio | 317.7k $22.6m | Reduced -24.6k |
| UBS Group AG 0.00% of their portfolio | 301.8k $21.4m | Added +123.5k |
| Interval Partners, LP 0.45% of their portfolio | 280.1k $19.9m | Added +112.3k |
| Retirement Systems of Alabama 0.07% of their portfolio | 270.6k $19.2m | Added +582 |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 259.4k $18.4m | Reduced -6.7k |
| Leeward Investments, LLC - MA 0.96% of their portfolio | 255.1k $18.1m | Added +37.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 230.9k $16.4m | Added +21.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 227.9k $16.2m | Reduced -56.2k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.78% of their portfolio | 220.0k $15.6m | Added +10.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 218.3k $15.5m | Reduced -3.1k |
| PANAGORA ASSET MANAGEMENT INC 0.07% of their portfolio | 208.1k $14.8m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 199.1k $14.1m | Reduced -10.2k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 193.6k $13.5m | Reduced -2.7k |
| Legal & General Group Plc 0.00% of their portfolio | 187.8k $13.3m | Reduced -19.8k |
| Formuepleje A/S 0.72% of their portfolio | 187.0k $12.7m | Unchanged |
| Swiss National Bank 0.01% of their portfolio | 183.7k $13.0m | Reduced -2.7k |
| NATIXIS 0.06% of their portfolio | 181.5k $12.9m | New |
| Lighthouse Investment Partners, LLC 0.55% of their portfolio | 176.6k $12.5m | Added +169.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 176.3k $12.5m | Reduced -785 |
| River Road Asset Management, LLC 0.16% of their portfolio | 175.7k $12.3m | Added +81.1k |
| BARCLAYS PLC 0.00% of their portfolio | 173.3k $12.3m | Added +121.5k |
| M&G PLC 0.07% of their portfolio | 172.4k $12.2m | Added +37.4k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 171.7k $12.5m | Added +4.8k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 170.5k $12.1m | Reduced -135.3k |
| Ceredex Value Advisors LLC 0.25% of their portfolio | 161.5k $11.5m | Added +40.6k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 159.0k $11.3m | Reduced -70.7k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.09% of their portfolio | 155.3k $11.0m | Added +125.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 144.4k $10.3m | Added +4.0k |
| MGO ONE SEVEN LLC 0.32% of their portfolio | 141.5k $10.0m | Added +543 |
| Bridgewater Associates, LP 0.04% of their portfolio | 138.3k $9.8m | Reduced -61.1k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 137.0k $9.7m | Added +102.8k |
| Quantinno Capital Management LP 0.04% of their portfolio | 135.6k $9.6m | Added +51.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 134.3k $9.5m | Added +8.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 130.7k $9.3m | Added +23.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 128.0k $9.1m | Reduced -13.2k |
| Hudson Bay Capital Management LP 0.06% of their portfolio | 125.1k $8.9m | New |
| Holocene Advisors, LP 0.02% of their portfolio | 119.5k $8.5m | Added +6.8k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 113.2k $8.0m | Added +733 |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 111.5k $7.9m | Reduced -71.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 106.2k $7.5m | Added +60.5k |
| Amundi 0.00% of their portfolio | 105.0k $7.6m | Reduced -226.6k |
| Jump Financial, LLC 0.09% of their portfolio | 102.1k $7.2m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 100.9k $7.2m | Reduced -1.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 100.0k $7.1m | Reduced -38.6k |
| Squarepoint Ops LLC 0.02% of their portfolio | 97.3k $6.9m | Added +3.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 95.9k $6.8m | Reduced -133.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 90.8k $6.4m | Reduced -146 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 89.2k $6.3m | Added +521 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 85.8k $6.1m | Unchanged |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 85.4k $6.1m | Added +43.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 81.9k $5.8m | Reduced -1.2k |
| Cinctive Capital Management LP 0.32% of their portfolio | 81.8k $5.8m | New |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 79.5k $5.6m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 78.6k $5.6m | Reduced -32.4k |
| ALGERT GLOBAL LLC 0.12% of their portfolio | 78.0k $5.5m | Added +24.1k |
| CX Institutional 0.19% of their portfolio | 76.2k $5.4m | Added +13.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 73.2k $5.2m | Reduced -5.1k |
| Edgestream Partners, L.P. 0.14% of their portfolio | 73.2k $5.2m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 71.5k $5.1m | Reduced -262.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 71.0k $5.0m | Reduced -1.5k |
| NOMURA HOLDINGS INC 0.04% of their portfolio | 69.2k $4.9m | New |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 68.9k $4.9m | Reduced -764 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 63.4k $4.5m | Added +780 |