Vault-13

WESTROCK CO WRK

COM · Common Stock · CUSIP 96145D105 · ISIN US96145D1054

575 institutional holders +10 vs Q1 2023
223,490,647223.5m shares reported held*
$6.5bnreported value*
51 new 201 added 222 reduced 50 sold out net sold ≈ $66.2m (-2.2m 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 ($30.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.13. Options: 17 managers hold calls ($28.8m notional), 17 hold puts ($24.5m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 580Q4 22: 604Q1 23: 565Q2 23: 575575Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022580
Q4 2022604
Q1 2023565
Q2 2023575

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 23Q2 23: 252 bought or addedQ2 23: 272 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022289264
Q1 2023295258
Q2 2023252272

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 0.75Q2 23 calls: $28.8mQ2 23 puts: $24.5mQ2 23P/C 0.85
Numbers
QuarterCallsPutsP/C
Q3 2022$21.5m$17.3m0.81
Q4 2022$27.7m$27.7m1.00
Q1 2023$37.7m$28.4m0.75
Q2 2023$28.8m$24.5m0.85

Biggest buyers

PICTET ASSET MANAGEMENT SA Added +3,583,288+3.6m
Atlas FRM LLC New +2,700,000+2.7m
STATE STREET CORP Added +1,538,825+1.5m
PRICE T ROWE ASSOCIATES INC /MD/ Added +1,434,973+1.4m
BARCLAYS PLC Added +975,371+975.4k
GREENHAVEN ASSOCIATES INC Added +874,750+874.8k
Capital Research Global Investors Added +770,028+770.0k
GOLDMAN SACHS GROUP INC Added +729,739+729.7k
Cubist Systematic Strategies, LLC Added +557,461+557.5k
Squarepoint Ops LLC Added +494,175+494.2k

Biggest sellers

FMR LLC Reduced -7,712,224-7.7m
AQR CAPITAL MANAGEMENT LLC Reduced -1,952,203-2.0m
Impax Asset Management Group plc Reduced -1,109,209-1.1m
MILLENNIUM MANAGEMENT LLC Reduced -1,090,516-1.1m
PRUDENTIAL FINANCIAL INC Reduced -960,424-960.4k
Assenagon Asset Management S.A. Reduced -724,792-724.8k
MORGAN STANLEY Reduced -639,005-639.0k
Invesco Ltd. Reduced -455,370-455.4k
AMERIPRISE FINANCIAL INC Reduced -417,052-417.1k
CITADEL ADVISORS LLC Reduced -405,749-405.7k

Biggest calls

CITADEL ADVISORS LLC Added $4.3m147.8k shares
Squarepoint Ops LLC Unchanged $3.8m129.9k shares
SIMPLEX TRADING, LLC Added $2.9m98.7k shares
Walleye Trading LLC Reduced $2.7m93.4k shares
Cubist Systematic Strategies, LLC Added $2.5m84.5k shares
JANE STREET GROUP, LLC Reduced $2.2m75.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.0m68.0k shares
Parallax Volatility Advisers, L.P. Added $1.8m63.2k shares
Walleye Capital LLC Added $1.6m55.5k shares
WOLVERINE TRADING, LLC Added $1.3m44.8k shares

Biggest puts

Squarepoint Ops LLC Reduced $5.9m204.3k shares
CITADEL ADVISORS LLC Added $4.0m136.9k shares
SIMPLEX TRADING, LLC Added $3.3m113.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.3m79.3k shares
Cubist Systematic Strategies, LLC New $2.1m72.4k shares
WOLVERINE TRADING, LLC Added $2.0m68.8k shares
Walleye Trading LLC Added $1.3m43.3k shares
Walleye Capital LLC New $1.1m37.3k shares
JANE STREET GROUP, LLC Added $982.6k33.8k shares
PEAK6 Investments LLC Reduced $494.2k17.0k 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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 31,660,96331.7m $920.4m $920.4m 0.02% Added +328.1k +328,071
2 BlackRock Inc. 0.02% of their portfolio New York, NY 26,414,00226.4m $767.9m $767.9m 0.02% Reduced -114.6k -114,565
3 GREENHAVEN ASSOCIATES INC 5.23% of their portfolio Purchase, NY 13,561,47013.6m $394.2m $394.2m 5.23% Added +874.8k +874,750
4 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 11,986,30712.0m $348.4m $348.4m 0.02% Added +1.5m +1,538,825
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio BALTIMORE, MD 10,753,80010.8m $312.6m $312.6m 0.04% Added +1.4m +1,434,973
6 PICTET ASSET MANAGEMENT SA 0.27% of their portfolio GENEVA 73, V8 7,739,6747.7m $225.0m $225.0m 0.27% Added +3.6m +3,583,288
7 GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BOSTON, MA 5,611,6855.6m $162.7m $162.7m 0.02% Added +279.0k +279,006
8 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 5,533,5545.5m $160.9m $160.9m 0.04% Reduced -455.4k -455,370
9 NORDEA INVESTMENT MANAGEMENT AB 0.20% of their portfolio STOCKHOLM, V7 5,013,3565.0m $144.1m $144.1m 0.20% Added +330.2k +330,241
10 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio Boston, MA 4,841,2274.8m $140.7m $140.7m 0.05% Added +77.5k +77,494
11 NORGES BANK 0.02% of their portfolio OSLO, Q8 4,159,7694.2m $120.9m $120.9m 0.02% Reduced -121.0k -121,018
12 Impax Asset Management Group plc 0.48% of their portfolio LONDON, X0 4,150,6454.2m $120.7m $120.7m 0.48% Reduced -1.1m -1,109,209
13 LSV ASSET MANAGEMENT 0.26% of their portfolio CHICAGO, IL 4,034,1064.0m $117.3m $117.3m 0.26% Reduced -304.1k -304,100
14 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 3,645,2943.6m $106.0m $106.0m 0.03% Added +130.1k +130,102
15 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,879,9292.9m $83.7m $83.7m 0.01% Added +351.0k +351,035
16 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,866,3712.9m $83.3m $83.3m 0.01% Reduced -639.0k -639,005
17 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 2,715,7642.7m $78.9m $78.9m 0.02% Reduced -5.2k -5,199
18 Atlas FRM LLC 15.01% of their portfolio GREENWICH, CT 2,700,0002.7m $78.5m $78.5m 15.01% New
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,473,6722.5m $71.9m $71.9m 0.02% Added +81.8k +81,786
20 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 2,421,8652.4m $70.4m $70.4m 0.01% Reduced -285.5k -285,488
21 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,380,8842.4m $69.2m $69.2m 0.02% Added +729.7k +729,739
22 CAUSEWAY CAPITAL MANAGEMENT LLC 1.62% of their portfolio LOS ANGELES, CA 2,111,6762.1m $61.4m $61.4m 1.62% Reduced -5.3k -5,339
23 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 2,026,0122.0m $58.9m $58.9m 0.04% Added +975.4k +975,371
24 APG Asset Management N.V. 0.10% of their portfolio Amsterdam, P7 1,861,0171.9m $49.6m $49.6m 0.10% Added +275.2k +275,234
25 PRUDENTIAL FINANCIAL INC 0.10% of their portfolio NEWARK, NJ 1,716,8141.7m $67.0m $67.0m 0.10% Reduced -960.4k -960,424
26 Legal & General Group Plc 0.02% of their portfolio London, X0 1,713,0661.7m $49.8m $49.8m 0.02% Added +182.2k +182,178
27 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 1,593,5091.6m $46.3m $46.3m 0.05% Reduced -1.1m -1,090,516
28 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 1,445,0191.4m $42.0m $42.0m 0.01% Added +770.0k +770,028
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% Unchanged
30 AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio Greenwich, CT 1,162,3391.2m $33.4m $33.4m 0.07% Reduced -2.0m -1,952,203
31 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 1,071,3611.1m $31.1m $31.1m 0.02% Reduced -98.9k -98,938
32 PRIVATE MANAGEMENT GROUP INC 1.30% of their portfolio IRVINE, CA 1,049,5841.0m $30.5m $30.5m 1.30% Added +161.9k +161,889
33 Amundi 0.02% of their portfolio Paris, I0 1,019,7011.0m $29.9m $29.9m 0.02% Reduced -293.6k -293,607
34 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,009,8621.0m $29.4m $29.4m 0.01% Reduced -81.0k -81,008
35 Squarepoint Ops LLC 0.16% of their portfolio NEW YORK, NY 975,363975.4k $28.4m $28.4m 0.16% Added +494.2k +494,175
36 DEPRINCE RACE & ZOLLO INC 0.63% of their portfolio Winter Park, FL 938,401938.4k $27.3m $27.3m 0.63% Reduced -20.8k -20,810
37 Swiss National Bank 0.02% of their portfolio ZURICH, V8 915,686915.7k $26.6m $26.6m 0.02% Reduced -91.6k -91,600
38 FMR LLC 0.00% of their portfolio BOSTON, MA 904,548904.5k $26.3m $26.3m 0.00% Reduced -7.7m -7,712,224
39 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 876,407876.4k $25.5m $25.5m 0.03% Reduced -20.1k -20,114
40 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 875,797875.8k $25.5m $25.5m 0.03% Added +349.0k +349,038
41 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 845,216845.2k $24.6m $24.6m 0.03% Added +118.5k +118,451
42 Verition Fund Management LLC 0.38% of their portfolio GREENWICH, CT 839,886839.9k $24.4m $24.4m 0.38% Reduced -103.2k -103,172
43 LAKEWOOD CAPITAL MANAGEMENT, LP 2.07% of their portfolio New York, NY 822,512822.5k $23.9m $23.9m 2.07% Reduced -123.0k -123,038
44 PATTEN & PATTEN INC/TN 1.73% of their portfolio CHATTANOOGA, TN 720,404720.4k $20.9m $20.9m 1.73% Reduced -50.7k -50,699
45 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 634,597634.6k $18.4m $18.4m 0.04% Added +12.9k +12,936
46 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 628,534628.5k $18.3m $18.3m 0.01% Reduced -147.6k -147,553
47 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 618,686618.7k $18.0m $18.0m 0.02% Reduced -405.7k -405,749
48 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 602,534602.5k $17.5m $17.5m 0.01% Reduced -36.6k -36,617
49 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 589,079589.1k $17.1m $17.1m 0.02% Added +232.3k +232,320
50 Cubist Systematic Strategies, LLC 0.19% of their portfolio STAMFORD, CT 579,484579.5k $16.8m $16.8m 0.19% Added +557.5k +557,461
51 KGH Ltd 1.15% of their portfolio NASSAU, C5 559,000559.0k $16.3m $16.3m 1.15% Reduced -50.5k -50,530
52 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 555,994556.0k $16.2m $16.2m 0.04% Added +82.9k +82,893
53 TWO SIGMA ADVISERS, LP 0.04% of their portfolio NEW YORK, NY 546,700546.7k $15.9m $15.9m 0.04% Reduced -200.5k -200,500
54 WORLDQUANT MILLENNIUM ADVISORS LLC 0.26% of their portfolio NEW YORK, NY 522,445522.4k $15.2m $15.2m 0.26% Added +148.5k +148,491
55 WESTWOOD HOLDINGS GROUP INC 0.14% of their portfolio DALLAS, TX 520,313520.3k $15.1m $15.1m 0.14% Added +97.4k +97,353
56 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 510,143510.1k $14.8m $14.8m 0.00% Reduced -355.9k -355,871
57 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 494,962495.0k $14.4m $14.4m 0.02% Reduced -1.5k -1,517
58 Savant Capital, LLC 0.22% of their portfolio ROCKFORD, IL 492,572492.6k $14.3m $14.3m 0.22% Added +5.1k +5,067
59 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 478,540478.5k $13.9m $13.9m 0.01% Reduced -31.9k -31,912
60 Redwood Grove Capital, LLC 5.72% of their portfolio New York, NY 464,998465.0k $13.5m $13.5m 5.72% Added +380.9k +380,918
61 ExodusPoint Capital Management, LP 0.16% of their portfolio NEW YORK, NY 457,200457.2k $13.3m $13.3m 0.16% New
62 PARADIGM CAPITAL MANAGEMENT INC/NY 0.75% of their portfolio ALBANY, NY 447,823447.8k $13.0m $13.0m 0.75% Unchanged
63 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 426,617426.6k $12.4m $12.4m 0.01% Reduced -7.8k -7,798
64 SALEM INVESTMENT COUNSELORS INC 0.44% of their portfolio WINSTON-SALEM, NC 415,562415.6k $12.1m $12.1m 0.44% Reduced -2.0k -2,000
65 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio WEST SACRAMENTO, CA 407,657407.7k $11.9m $11.9m 0.02% Added +2.7k +2,716
66 INTECH INVESTMENT MANAGEMENT LLC 0.12% of their portfolio WEST PALM BEACH, FL 398,786398.8k $11.6m $11.6m 0.12% Reduced -337.0k -336,952
67 Arnhold LLC 1.30% of their portfolio New York, NY 393,975394.0k $11.5m $11.5m 1.30% Reduced -4.1k -4,059
68 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 388,991389.0k $11.3m $11.3m 0.02% Reduced -403.1k -403,149
69 PANAGORA ASSET MANAGEMENT INC 0.06% of their portfolio BOSTON, MA 374,712374.7k $10.9m $10.9m 0.06% Reduced -309.2k -309,163
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 373,196373.2k $10.8m $10.8m 0.00% Reduced -101.4k -101,355
71 Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio ZURICH, V8 368,785368.8k $10.7m $10.7m 0.05% Added +180.0k +179,971
72 Northwest & Ethical Investments L.P. 0.34% of their portfolio TORONTO, A6 363,421363.4k $10.6m $10.6m 0.34% Reduced -103.6k -103,617
73 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 361,628361.6k $10.5m $10.5m 0.01% Reduced -3.0k -3,020
74 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 359,572359.6k $10.4m $10.4m 0.02% Reduced -68.7k -68,680
75 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 357,566357.6k $10.4m $10.4m 0.00% Reduced -144.2k -144,201
76 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 340,517340.5k $9.9m $9.9m 0.01% Reduced -12.7k -12,718
77 NFJ INVESTMENT GROUP, LLC 0.26% of their portfolio DALLAS, TX 333,616333.6k $9.7m $9.7m 0.26% Added +403 +403
78 South Dakota Investment Council 0.20% of their portfolio SIOUX FALLS, SD 333,111333.1k $9.7m $9.7m 0.20% Added +52.3k +52,341
79 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 317,372317.4k $9.2m $9.2m 0.01% Added +199.7k +199,742
80 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 314,721314.7k $9.1m $9.1m 0.04% Added +42.6k +42,647
81 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio TALLAHASSEE, FL 309,956310.0k $9.0m $9.0m 0.02% Reduced -36.3k -36,328
82 Vident Investment Advisory, LLC 0.30% of their portfolio Alpharetta, GA 304,122304.1k $8.8m $8.8m 0.30% Added +37.9k +37,924
83 HEARTLAND ADVISORS INC 0.50% of their portfolio MILWAUKEE, WI 300,000300.0k $8.7m $8.7m 0.50% New
84 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 293,905293.9k $8.5m $8.5m 0.01% Reduced -18.1k -18,082
85 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 278,170278.2k $8.1m $8.1m 0.00% Reduced -417.1k -417,052
86 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 275,763275.8k $8.0m $8.0m 0.01% Reduced -27.3k -27,335
87 Olstein Capital Management, L.P. 1.28% of their portfolio Purchase, NY 273,000273.0k $7.9m $7.9m 1.28% Reduced -64.0k -64,050
88 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 272,581272.6k $7.9m $7.9m 0.02% Reduced -28.6k -28,589
89 Engineers Gate Manager LP 0.29% of their portfolio NEW YORK, NY 261,766261.8k $7.6m $7.6m 0.29% Added +38.1k +38,103
90 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 255,189255.2k $7.4m $7.4m 0.02% Added +200 +200
91 JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio FLORHAM PARK, NJ 254,999255.0k $7.4m $7.4m 0.04% Reduced -10.1k -10,054
92 Quaker Capital Investments, LLC 2.58% of their portfolio MOUNT LEBANON, PA 249,002249.0k $7.2m $7.2m 2.58% Unchanged
93 Hosking Partners LLP 0.31% of their portfolio LONDON, X0 248,932248.9k $7.2m $7.2m 0.31% Added +21.5k +21,464
94 Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio TOKYO, M0 245,962246.0k $7.2m $7.2m 0.01% Added +38.8k +38,842
95 AMF Tjanstepension AB 0.07% of their portfolio STOCKHOLM, V7 244,073244.1k $7.1m $7.1m 0.07% New
96 Numerai GP LLC 1.44% of their portfolio SAN FRANCISCO, CA 242,511242.5k $7.0m $7.0m 1.44% Added +161.2k +161,233
97 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 230,088230.1k $6.7m $6.7m 0.01% Reduced -3.5k -3,479
98 M&G INVESTMENT MANAGEMENT LTD 0.04% of their portfolio London, X0 228,856228.9k $6.6m $6.6m 0.04% Reduced -17.1k -17,056
99 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 227,122227.1k $6.6m $6.6m 0.01% Reduced -173 -173
100 Trexquant Investment LP 0.17% of their portfolio STAMFORD, CT 226,710226.7k $6.6m $6.6m 0.17% Added +83.8k +83,828