Vault-13

WESTROCK CO WRK

COM · Common Stock · CUSIP 96145D105 · ISIN US96145D1054

565 institutional holders -39 vs Q4 2022
225,971,260226.0m shares reported held*
$6.9bnreported value*
53 new 242 added 174 reduced 84 sold out net bought ≈ $232.0m (+7.5m 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 ($20.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.55. Options: 18 managers hold calls ($37.7m notional), 15 hold puts ($28.4m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 580Q4 22: 604Q1 23: 565565Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022580
Q4 2022604
Q1 2023565

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 289 bought or addedQ4 22: 264 cut or sold outQ4 22Q1 23: 295 bought or addedQ1 23: 258 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022289264
Q1 2023295258

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 22 calls: $21.5mQ3 22 puts: $17.3mQ3 22P/C 0.81Q4 22 calls: $27.7mQ4 22 puts: $27.7mQ4 22P/C 1.00Q1 23 calls: $37.7mQ1 23 puts: $28.4mQ1 23P/C 0.75
Numbers
QuarterCallsPutsP/C
Q3 2022$21.5m$17.3m0.81
Q4 2022$27.7m$27.7m1.00
Q1 2023$37.7m$28.4m0.75

Biggest buyers

FMR LLC Added +5,323,131+5.3m
PRICE T ROWE ASSOCIATES INC /MD/ Added +3,459,641+3.5m
GREENHAVEN ASSOCIATES INC Added +2,752,196+2.8m
BlackRock Inc. Added +2,320,073+2.3m
MILLENNIUM MANAGEMENT LLC Added +1,334,342+1.3m
Assenagon Asset Management S.A. Added +714,521+714.5k
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +665,614+665.6k
CAUSEWAY CAPITAL MANAGEMENT LLC Added +628,019+628.0k
APG Asset Management N.V. Added +565,203+565.2k
Savant Capital, LLC Added +481,202+481.2k

Biggest sellers

PICTET ASSET MANAGEMENT SA Reduced -1,677,258-1.7m
NORGES BANK Reduced -1,257,873-1.3m
Ninety One UK Ltd Sold out -1,175,746-1.2m
AMERICAN CENTURY COMPANIES INC Reduced -1,137,476-1.1m
AQR CAPITAL MANAGEMENT LLC Reduced -1,025,283-1.0m
ATLANTIC INVESTMENT MANAGEMENT, INC. Sold out -671,433-671.4k
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Reduced -566,123-566.1k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -524,785-524.8k
TWINBEECH CAPITAL LP Sold out -505,258-505.3k
CIBC WORLD MARKETS CORP Reduced -467,019-467.0k

Biggest calls

Twin Tree Management, LP Added $13.7m410.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.9m160.6k shares
Squarepoint Ops LLC Reduced $4.0m129.9k shares
CITADEL ADVISORS LLC Reduced $3.3m109.0k shares
Walleye Trading LLC Added $2.9m94.3k shares
JANE STREET GROUP, LLC Reduced $2.4m77.7k shares
PEAK6 Investments LLC Added $2.3m74.8k shares
WOLVERINE TRADING, LLC Added $946.0k31.7k shares
TWO SIGMA SECURITIES, LLC Added $868.4k28.5k shares
Maven Securities LTD Added $667.3k21.9k shares

Biggest puts

Squarepoint Ops LLC Added $8.3m273.4k shares
Twin Tree Management, LP Added $7.8m221.3k shares
PEAK6 Investments LLC Added $3.2m106.2k shares
CITADEL ADVISORS LLC Added $2.7m87.0k shares
WOLVERINE TRADING, LLC New $1.8m61.7k shares
Maven Securities LTD Added $795.3k26.1k shares
Parallax Volatility Advisers, L.P. Reduced $764.8k25.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $716.0k23.5k shares
Walleye Trading LLC Added $713.0k23.4k shares
JANE STREET GROUP, LLC Reduced $502.8k16.5k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 31,332,89231.3m $954.7m $954.7m 0.02% Added +405.7k +405,717
2 BlackRock Inc. 0.02% of their portfolio New York, NY 26,528,56726.5m $808.3m $808.3m 0.02% Added +2.3m +2,320,073
3 GREENHAVEN ASSOCIATES INC 6.00% of their portfolio Purchase, NY 12,686,72012.7m $386.6m $386.6m 6.00% Added +2.8m +2,752,196
4 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 10,447,48210.4m $318.3m $318.3m 0.02% Added +9.2k +9,205
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio BALTIMORE, MD 9,318,8279.3m $283.9m $283.9m 0.04% Added +3.5m +3,459,641
6 FMR LLC 0.01% of their portfolio BOSTON, MA 8,616,7728.6m $262.6m $262.6m 0.01% Added +5.3m +5,323,131
7 Invesco Ltd. 0.05% of their portfolio ATLANTA, GA 5,988,9246.0m $182.5m $182.5m 0.05% Reduced -85.9k -85,905
8 GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BOSTON, MA 5,332,6795.3m $162.1m $162.1m 0.02% Added +92.9k +92,866
9 Impax Asset Management Group plc 0.67% of their portfolio LONDON, X0 5,259,8545.3m $160.3m $160.3m 0.67% Added +41.2k +41,237
10 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio Boston, MA 4,763,7334.8m $145.2m $145.2m 0.05% Added +665.6k +665,614
11 NORDEA INVESTMENT MANAGEMENT AB 0.21% of their portfolio STOCKHOLM, V7 4,683,1154.7m $140.8m $140.8m 0.21% Reduced -365.2k -365,219
12 LSV ASSET MANAGEMENT 0.30% of their portfolio CHICAGO, IL 4,338,2064.3m $132.2m $132.2m 0.30% Reduced -209.3k -209,336
13 NORGES BANK 0.03% of their portfolio OSLO, Q8 4,280,7874.3m $130.4m $130.4m 0.03% Reduced -1.3m -1,257,873
14 PICTET ASSET MANAGEMENT SA 0.16% of their portfolio GENEVA 73, V8 4,156,3864.2m $126.6m $126.6m 0.16% Reduced -1.7m -1,677,258
15 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 3,515,1923.5m $107.1m $107.1m 0.04% Added +65.5k +65,488
16 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,505,3763.5m $106.8m $106.8m 0.01% Added +449.0k +448,965
17 AQR CAPITAL MANAGEMENT LLC 0.21% of their portfolio Greenwich, CT 3,114,5423.1m $93.6m $93.6m 0.21% Reduced -1.0m -1,025,283
18 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 2,720,9632.7m $82.9m $82.9m 0.02% Reduced -37.3k -37,332
19 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 2,707,3532.7m $82.5m $82.5m 0.02% Added +7.2k +7,239
20 MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 2,684,0252.7m $81.8m $81.8m 0.09% Added +1.3m +1,334,342
21 PRUDENTIAL FINANCIAL INC 0.16% of their portfolio NEWARK, NJ 2,677,2382.7m $104.8m $104.8m 0.16% Added +79.4k +79,371
22 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,528,8942.5m $77.1m $77.1m 0.01% Reduced -75.6k -75,621
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,391,8862.4m $72.9m $72.9m 0.02% Added +59.4k +59,374
24 CAUSEWAY CAPITAL MANAGEMENT LLC 1.55% of their portfolio LOS ANGELES, CA 2,117,0152.1m $64.5m $64.5m 1.55% Added +628.0k +628,019
25 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,651,1451.7m $50.3m $50.3m 0.01% Reduced -31.9k -31,921
26 APG Asset Management N.V. 0.09% of their portfolio Amsterdam, P7 1,585,7831.6m $44.5m $44.5m 0.09% Added +565.2k +565,203
27 Legal & General Group Plc 0.02% of their portfolio London, X0 1,530,8881.5m $46.6m $46.6m 0.02% Reduced -97.8k -97,835
28 Amundi 0.02% of their portfolio Paris, I0 1,313,3081.3m $39.5m $39.5m 0.02% Reduced -36.3k -36,314
29 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 1,255,8811.3m $38.3m $38.3m 0.02% Reduced -84.5k -84,487
30 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 1,170,2991.2m $35.7m $35.7m 0.02% Added +73.6k +73,599
31 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,090,8701.1m $33.2m $33.2m 0.01% Reduced -341.6k -341,601
32 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 1,050,6411.1m $32.0m $32.0m 0.03% Reduced -366.3k -366,323
33 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 1,024,4351.0m $31.2m $31.2m 0.03% Added +281.2k +281,156
34 Swiss National Bank 0.02% of their portfolio ZURICH, V8 1,007,2861.0m $30.7m $30.7m 0.02% Reduced -26.2k -26,200
35 DEPRINCE RACE & ZOLLO INC 0.68% of their portfolio Winter Park, FL 959,211959.2k $29.2m $29.2m 0.68% Added +212.5k +212,506
36 LAKEWOOD CAPITAL MANAGEMENT, LP 2.35% of their portfolio New York, NY 945,550945.5k $28.8m $28.8m 2.35% Reduced -115.8k -115,800
37 Verition Fund Management LLC 0.46% of their portfolio GREENWICH, CT 943,058943.1k $28.7m $28.7m 0.46% Added +219.6k +219,560
38 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 896,521896.5k $27.3m $27.3m 0.03% Added +27.7k +27,735
39 PRIVATE MANAGEMENT GROUP INC 1.22% of their portfolio IRVINE, CA 887,695887.7k $27.0m $27.0m 1.22% Added +49.5k +49,548
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 866,014866.0k $26.4m $26.4m 0.00% Reduced -256.7k -256,744
41 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 792,140792.1k $24.1m $24.1m 0.05% Reduced -264.3k -264,336
42 Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio CHIYODA-KU, TOKYO, M0 776,087776.1k $23.6m $23.6m 0.02% Reduced -354.5k -354,498
43 PATTEN & PATTEN INC/TN 2.07% of their portfolio CHATTANOOGA, TN 771,103771.1k $23.5m $23.5m 2.07% Reduced -384.8k -384,821
44 TWO SIGMA ADVISERS, LP 0.06% of their portfolio NEW YORK, NY 747,200747.2k $22.8m $22.8m 0.06% Reduced -334.9k -334,900
45 Assenagon Asset Management S.A. 0.09% of their portfolio SENNINGERBERG, N4 745,868745.9k $22.7m $22.7m 0.09% Added +714.5k +714,521
46 INTECH INVESTMENT MANAGEMENT LLC 0.18% of their portfolio WEST PALM BEACH, FL 735,738735.7k $22.4m $22.4m 0.18% Reduced -62.2k -62,242
47 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 726,765726.8k $22.1m $22.1m 0.03% Reduced -60.7k -60,653
48 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 695,222695.2k $21.2m $21.2m 0.01% Added +325.6k +325,595
49 PANAGORA ASSET MANAGEMENT INC 0.13% of their portfolio BOSTON, MA 683,875683.9k $20.8m $20.8m 0.13% Added +190.8k +190,828
50 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 674,991675.0k $20.6m $20.6m 0.01% Unchanged
51 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 639,151639.2k $19.5m $19.5m 0.01% Reduced -38.9k -38,877
52 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 621,661621.7k $19.0m $19.0m 0.04% Added +16.1k +16,115
53 KGH Ltd 1.45% of their portfolio NASSAU, C5 609,530609.5k $18.6m $18.6m 1.45% Reduced -70.8k -70,821
54 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 526,759526.8k $16.1m $16.1m 0.02% Added +119.0k +119,017
55 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 510,452510.5k $15.6m $15.6m 0.01% Reduced -70.1k -70,054
56 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 501,767501.8k $15.3m $15.3m 0.01% Added +82.0k +81,998
57 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 496,479496.5k $15.1m $15.1m 0.02% Added +21.4k +21,447
58 Savant Capital, LLC 0.28% of their portfolio ROCKFORD, IL 487,505487.5k $14.9m $14.9m 0.28% Added +481.2k +481,202
59 Squarepoint Ops LLC 0.10% of their portfolio NEW YORK, NY 481,188481.2k $14.7m $14.7m 0.10% Added +330.6k +330,568
60 UBS Group AG 0.01% of their portfolio ZURICH, V8 474,551474.6k $14.5m $14.5m 0.01% Added +106.3k +106,288
61 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 473,101473.1k $14.4m $14.4m 0.04% Reduced -138.2k -138,150
62 Northwest & Ethical Investments L.P. 0.47% of their portfolio TORONTO, A6 467,038467.0k $14.2m $14.2m 0.47% Unchanged
63 PARADIGM CAPITAL MANAGEMENT INC/NY 0.90% of their portfolio ALBANY, NY 447,823447.8k $13.6m $13.6m 0.90% Unchanged
64 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 434,415434.4k $13.2m $13.2m 0.02% Reduced -32.0k -32,021
65 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 428,252428.3k $13.0m $13.0m 0.03% Added +62.5k +62,476
66 TUDOR INVESTMENT CORP ET AL 0.25% of their portfolio STAMFORD, CT 428,122428.1k $13.0m $13.0m 0.25% New
67 WESTWOOD HOLDINGS GROUP INC 0.12% of their portfolio DALLAS, TX 422,960423.0k $12.9m $12.9m 0.12% Added +59.9k +59,900
68 SALEM INVESTMENT COUNSELORS INC 0.51% of their portfolio WINSTON-SALEM, NC 417,562417.6k $12.7m $12.7m 0.51% Reduced -147 -147
69 Cinctive Capital Management LP 0.47% of their portfolio New York, NY 414,909414.9k $12.6m $12.6m 0.47% New
70 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio WEST SACRAMENTO, CA 404,941404.9k $12.3m $12.3m 0.02% Reduced -3.7k -3,702
71 Arnhold LLC 1.38% of their portfolio New York, NY 398,034398.0k $12.1m $12.1m 1.38% Added +45.2k +45,247
72 WORLDQUANT MILLENNIUM ADVISORS LLC 0.21% of their portfolio NEW YORK, NY 373,954374.0k $11.4m $11.4m 0.21% Reduced -78.9k -78,880
73 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 364,648364.6k $11.1m $11.1m 0.01% Reduced -6.4k -6,391
74 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 356,759356.8k $10.9m $10.9m 0.01% Added +95.7k +95,670
75 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 353,235353.2k $10.8m $10.8m 0.01% Reduced -60.3k -60,289
76 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio TALLAHASSEE, FL 346,284346.3k $10.6m $10.6m 0.02% Unchanged
77 Olstein Capital Management, L.P. 1.61% of their portfolio Purchase, NY 337,050337.1k $10.3m $10.3m 1.61% Added +82.0k +82,000
78 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 334,318334.3k $10.2m $10.2m 0.03% Added +78.4k +78,363
79 NFJ INVESTMENT GROUP, LLC 0.27% of their portfolio DALLAS, TX 333,213333.2k $10.2m $10.2m 0.27% New
80 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 311,987312.0k $9.5m $9.5m 0.01% Added +6.6k +6,570
81 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 303,098303.1k $9.2m $9.2m 0.02% Reduced -18.4k -18,369
82 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 301,170301.2k $9.2m $9.2m 0.02% Reduced -9.0k -9,045
83 NATIXIS 0.08% of their portfolio PARIS, I0 285,870285.9k $8.7m $8.7m 0.08% Added +216.1k +216,136
84 PINEBRIDGE INVESTMENTS, L.P. 0.10% of their portfolio NEW YORK, NY 282,592282.6k $8.6m $8.6m 0.10% Reduced -40.1k -40,056
85 South Dakota Investment Council 0.18% of their portfolio SIOUX FALLS, SD 280,770280.8k $8.6m $8.6m 0.18% Added +115.4k +115,393
86 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 272,074272.1k $8.3m $8.3m 0.04% Added +258.2k +258,156
87 Vident Investment Advisory, LLC 0.26% of their portfolio Alpharetta, GA 266,198266.2k $8.1m $8.1m 0.26% Added +16.3k +16,289
88 JACOBS LEVY EQUITY MANAGEMENT, INC 0.05% of their portfolio FLORHAM PARK, NJ 265,053265.1k $8.1m $8.1m 0.05% Added +6.0k +6,027
89 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 254,989255.0k $7.8m $7.8m 0.02% Reduced -19.6k -19,608
90 Quaker Capital Investments, LLC 3.02% of their portfolio MOUNT LEBANON, PA 249,002249.0k $7.6m $7.6m 3.02% Unchanged
91 M&G INVESTMENT MANAGEMENT LTD 0.05% of their portfolio London, X0 245,912245.9k $7.4m $7.4m 0.05% Added +81.0k +80,985
92 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 240,547240.5k $7.3m $7.3m 0.00% Added +2.0k +2,049
93 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 233,567233.6k $7.1m $7.1m 0.01% Added +5.5k +5,490
94 Hosking Partners LLP 0.32% of their portfolio LONDON, X0 227,468227.5k $6.9m $6.9m 0.32% Reduced -45.8k -45,832
95 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 227,295227.3k $6.9m $6.9m 0.01% Added +6.3k +6,336
96 Engineers Gate Manager LP 0.28% of their portfolio NEW YORK, NY 223,663223.7k $6.8m $6.8m 0.28% Added +57.8k +57,788
97 CapWealth Advisors, LLC 0.84% of their portfolio FRANKLIN, TN 221,891221.9k $6.8m $6.8m 0.84% Reduced -278 -278
98 Holocene Advisors, LP 0.03% of their portfolio New York, NY 219,614219.6k $6.7m $6.7m 0.03% Added +56.9k +56,860
99 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 218,408218.4k $6.7m $6.7m 0.01% Added +123.0k +123,025
100 NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio TOKYO, M0 216,883216.9k $6.6m $6.6m 0.03% Added +55.6k +55,561