Vault-13

WESTROCK CO WRK

COM · Common Stock · CUSIP 96145D105 · ISIN US96145D1054

589 institutional holders +1 vs Q1 2024
239,661,429239.7m shares reported held*
$12.0bnreported value*
59 new 193 added 215 reduced 61 sold out net sold ≈ $27.5m (-365.9k 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 ($9.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.15. Options: 11 managers hold calls ($27.3m notional), 15 hold puts ($15.8m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 580Q4 22: 604Q1 23: 565Q2 23: 575Q3 23: 594Q4 23: 612Q1 24: 588Q2 24: 589589Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022580
Q4 2022604
Q1 2023565
Q2 2023575
Q3 2023594
Q4 2023612
Q1 2024588
Q2 2024589

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 outQ2 23: 252 bought or addedQ2 23: 272 cut or sold outQ2 23Q3 23: 280 bought or addedQ3 23: 281 cut or sold outQ4 23: 239 bought or addedQ4 23: 321 cut or sold outQ4 23Q1 24: 236 bought or addedQ1 24: 304 cut or sold outQ2 24: 252 bought or addedQ2 24: 276 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022289264
Q1 2023295258
Q2 2023252272
Q3 2023280281
Q4 2023239321
Q1 2024236304
Q2 2024252276

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 23 calls: $64.7mQ3 23 puts: $17.8mQ3 23P/C 0.28Q4 23 calls: $23.7mQ4 23 puts: $26.8mQ4 23P/C 1.13Q1 24 calls: $27.2mQ1 24 puts: $14.3mQ1 24P/C 0.53Q2 24 calls: $27.3mQ2 24 puts: $15.8mQ2 24P/C 0.58
Numbers
QuarterCallsPutsP/C
Q3 2023$64.7m$17.8m0.28
Q4 2023$23.7m$26.8m1.13
Q1 2024$27.2m$14.3m0.53
Q2 2024$27.3m$15.8m0.58

Biggest buyers

HBK INVESTMENTS L P Added +5,259,315+5.3m
CITIGROUP INC Added +2,492,668+2.5m
SOROS FUND MANAGEMENT LLC Added +2,442,952+2.4m
JPMORGAN CHASE & CO Added +2,212,455+2.2m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +2,025,649+2.0m
GOLDMAN SACHS GROUP INC Added +1,973,212+2.0m
TOMS Capital Investment Management LP New +1,722,900+1.7m
TIG Advisors, LLC Added +1,520,668+1.5m
Davidson Kempner Capital Management LP Added +1,295,601+1.3m
FMR LLC Added +1,114,389+1.1m

Biggest sellers

GREENHAVEN ASSOCIATES INC Sold out -12,644,411-12.6m
MORGAN STANLEY Reduced -6,001,664-6.0m
NORGES BANK Reduced -1,654,942-1.7m
Pictet Asset Management Holding SA Reduced -1,429,577-1.4m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -1,265,209-1.3m
Invesco Ltd. Reduced -993,882-993.9k
BlackRock Inc. Reduced -874,170-874.2k
Carlson Capital, L.P. Sold out -828,472-828.5k
STATE STREET CORP Reduced -701,570-701.6k
KGH Ltd Sold out -625,000-625.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $14.3m284.1k shares
CITADEL ADVISORS LLC Added $3.1m62.6k shares
Twin Tree Management, LP Reduced $3.1m61.2k shares
NATIONAL BANK OF CANADA /FI/ New $2.7m545 shares
MILLENNIUM MANAGEMENT LLC New $1.8m36.0k shares
LMR Partners LLP New $804.2k16.0k shares
WOLVERINE TRADING, LLC Reduced $698.6k13.9k shares
GROUP ONE TRADING LLC Reduced $668.5k13.3k shares
SIMPLEX TRADING, LLC Reduced $82.0k25.0k shares
CAPSTONE INVESTMENT ADVISORS, LLC Unchanged $15.1k300 shares

Biggest puts

LMR Partners LLP New $7.5m150.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.9m37.4k shares
CITADEL ADVISORS LLC Added $1.7m33.4k shares
Caption Management, LLC New $1.3m25.0k shares
SUMMIT SECURITIES GROUP LLC New $1.0m20.0k shares
MILLENNIUM MANAGEMENT LLC New $829.3k16.5k shares
JANE STREET GROUP, LLC New $578.0k11.5k shares
CAPSTONE INVESTMENT ADVISORS, LLC Added $422.2k8.4k shares
WOLVERINE TRADING, LLC Added $286.5k5.7k shares
UBS Group AG New $186.0k3.7k 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.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.03% of their portfolio Valley Forge, PA 31,340,49231.3m $1.6bn $1.6bn 0.03% Added +184.5k +184,529
2 BlackRock Inc. 0.02% of their portfolio New York, NY 21,285,53421.3m $1.1bn $1.1bn 0.02% Reduced -874.2k -874,170
3 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 12,714,15812.7m $639.0m $639.0m 0.03% Added +2.2m +2,212,455
4 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 10,518,79810.5m $528.7m $528.7m 0.02% Reduced -701.6k -701,570
5 HBK INVESTMENTS L P 11.23% of their portfolio DALLAS, TX 9,468,4159.5m $468.4m $468.4m 11.23% Added +5.3m +5,259,315
6 Davidson Kempner Capital Management LP 7.65% of their portfolio New York, NY 9,187,8669.2m $461.8m $461.8m 7.65% Added +1.3m +1,295,601
7 GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio BOSTON, MA 6,313,1196.3m $316.5m $316.5m 0.03% Added +205.7k +205,685
8 CITIGROUP INC 0.30% of their portfolio NEW YORK, NY 6,133,4406.1m $308.3m $308.3m 0.30% Added +2.5m +2,492,668
9 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.24% of their portfolio BOSTON, MA 5,458,0355.5m $274.3m $274.3m 0.24% Added +2.0m +2,025,649
10 NORGES BANK 0.04% of their portfolio OSLO, Q8 5,001,6955.0m $251.4m $251.4m 0.04% Reduced -1.7m -1,654,942
11 NORDEA INVESTMENT MANAGEMENT AB 0.28% of their portfolio STOCKHOLM, V7 4,799,7034.8m $239.5m $239.5m 0.28% Reduced -501.4k -501,365
12 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,170,3344.2m $209.6m $209.6m 0.02% Reduced -6.0m -6,001,664
13 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 4,049,4854.0m $203.5m $203.5m 0.04% Added +2.0m +1,973,212
14 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 3,906,7693.9m $196.4m $196.4m 0.04% Reduced -993.9k -993,882
15 FMR LLC 0.01% of their portfolio BOSTON, MA 3,898,0753.9m $195.9m $195.9m 0.01% Added +1.1m +1,114,389
16 SOROS FUND MANAGEMENT LLC 3.78% of their portfolio NEW YORK, NY 3,342,9533.3m $168.0m $168.0m 3.78% Added +2.4m +2,442,952
17 UBS Group AG 0.05% of their portfolio ZURICH, V8 3,210,2303.2m $161.3m $161.3m 0.05% Added +488.1k +488,143
18 MILLENNIUM MANAGEMENT LLC 0.13% of their portfolio NEW YORK, NY 3,206,8213.2m $161.2m $161.2m 0.13% Added +52.6k +52,635
19 Pentwater Capital Management LP 3.27% of their portfolio Naples, FL 3,010,0003.0m $151.3m $151.3m 3.27% Added +555.0k +555,000
20 Westchester Capital Management, LLC 6.38% of their portfolio VALHALLA, NY 2,965,3563.0m $149.0m $149.0m 6.38% Unchanged
21 D. E. Shaw & Co., Inc. 0.21% of their portfolio New York, NY 2,953,6083.0m $148.4m $148.4m 0.21% Added +837.1k +837,139
22 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 2,672,1592.7m $134.3m $134.3m 0.03% Added +7.0k +6,983
23 Balyasny Asset Management L.P. 0.34% of their portfolio Chicago, IL 2,638,6662.6m $132.6m $132.6m 0.34% Reduced -93.0k -93,014
24 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio Boston, MA 2,622,1082.6m $131.8m $131.8m 0.04% Reduced -473.7k -473,709
25 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 2,423,7942.4m $121.8m $121.8m 0.03% Added +14.5k +14,465
26 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,408,7082.4m $121.1m $121.1m 0.01% Added +495.5k +495,542
27 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 2,367,4062.4m $119.0m $119.0m 0.02% Reduced -36.3k -36,328
28 KRYGER CAPITAL Ltd 13.06% of their portfolio LONDON, X0 2,264,9732.3m $113.8m $113.8m 13.06% Added +866.7k +866,693
29 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 2,235,4862.2m $112.4m $112.4m 0.02% Added +3.0k +2,990
30 PSquared Asset Management AG 22.64% of their portfolio ZURICH, V8 2,202,8812.2m $109.4m $109.4m 22.64% Added +96.7k +96,696
31 Nuveen Asset Management, LLC 0.03% of their portfolio CHICAGO, IL 1,970,6862.0m $99.0m $99.0m 0.03% Added +771.6k +771,601
32 Zurich Insurance Group Ltd/FI 0.79% of their portfolio ZURICH, V8 1,802,5391.8m $90.6m $90.6m 0.79% Added +623.7k +623,671
33 TOMS Capital Investment Management LP 6.62% of their portfolio NEW YORK, NY 1,722,9001.7m $89.1m $89.1m 6.62% New
34 Magnetar Financial LLC 1.74% of their portfolio EVANSTON, IL 1,658,9211.7m $83.4m $83.4m 1.74% Reduced -158.1k -158,107
35 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 1,643,9821.6m $82.6m $82.6m 0.03% Added +134.0k +134,039
36 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 1,626,7601.6m $81.8m $81.8m 0.04% Reduced -420.3k -420,319
37 Legal & General Group Plc 0.02% of their portfolio London, X0 1,608,2631.6m $80.8m $80.8m 0.02% Added +28.6k +28,628
38 TIG Advisors, LLC 6.47% of their portfolio New York, NY 1,562,8711.6m $78.5m $78.5m 6.47% Added +1.5m +1,520,668
39 Capital Research Global Investors 0.02% of their portfolio Los Angeles, CA 1,446,6391.4m $72.7m $72.7m 0.02% Reduced -487 -487
40 Amundi 0.03% of their portfolio Paris, I0 1,375,4631.4m $68.4m $68.4m 0.03% Added +262.7k +262,663
41 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 1,290,8621.3m $64.9m $64.9m 0.02% Added +299.3k +299,283
42 LMR Partners LLP 1.33% of their portfolio LONDON, X0 1,232,1031.2m $61.9m $61.9m 1.33% Added +644.9k +644,878
43 Hudson Bay Capital Management LP 0.42% of their portfolio STAMFORD, CT 1,125,0001.1m $56.5m $56.5m 0.42% Added +125.0k +125,000
44 Taconic Capital Advisors LP 4.29% of their portfolio NEW YORK, NY 1,025,0001.0m $51.5m $51.5m 4.29% Added +75.0k +75,000
45 PATTEN & PATTEN INC/TN 3.59% of their portfolio CHATTANOOGA, TN 1,020,1801.0m $51.3m $51.3m 3.59% Added +228.8k +228,769
46 APG Asset Management N.V. 0.08% of their portfolio Amsterdam, P7 991,126991.1k $46.5m $46.5m 0.08% Reduced -11.5k -11,501
47 LAKEWOOD CAPITAL MANAGEMENT, LP 4.10% of their portfolio New York, NY 947,512947.5k $47.6m $47.6m 4.10% Unchanged
48 Man Group plc 0.11% of their portfolio LONDON, X0 829,471829.5k $41.7m $41.7m 0.11% Reduced -151.2k -151,160
49 AQR Arbitrage LLC 1.01% of their portfolio Greenwich, CT 776,935776.9k $38.8m $38.8m 1.01% Added +45.4k +45,424
50 Swiss National Bank 0.03% of their portfolio ZURICH, V8 760,786760.8k $38.2m $38.2m 0.03% Reduced -7.4k -7,400
51 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio BALA CYNWYD, PA 757,228757.2k $38.1m $38.1m 0.07% Added +643.3k +643,347
52 Retirement Systems of Alabama 0.15% of their portfolio MONTGOMERY, AL 757,182757.2k $38.1m $38.1m 0.15% Reduced -41.6k -41,634
53 HRT FINANCIAL LP 0.21% of their portfolio NEW YORK, NY 718,583718.6k $36.1m $36.1m 0.21% Added +219.8k +219,849
54 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 668,882668.9k $33.6m $33.6m 0.02% Reduced -9.9k -9,868
55 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 653,380653.4k $32.8m $32.8m 0.05% Added +10.6k +10,612
56 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 639,165639.2k $32.1m $32.1m 0.00% Reduced -1.3m -1,265,209
57 PICTON MAHONEY ASSET MANAGEMENT 1.33% of their portfolio Toronto, A6 621,005621.0k $31.2m $31.2m 1.33% Reduced -114.7k -114,695
58 NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio MONTREAL, A8 616,484616.5k $30.6m $30.6m 0.05% Added +116.7k +116,656
59 SALEM INVESTMENT COUNSELORS INC 0.97% of their portfolio WINSTON-SALEM, NC 596,664596.7k $30.0m $30.0m 0.97% Reduced -4.0k -4,018
60 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 588,611588.6k $29.5m $29.5m 0.02% Reduced -402.7k -402,746
61 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio FRANKFURT AM MAIN, 2M 576,962577.0k $29.0m $29.0m 0.03% Reduced -64.4k -64,419
62 Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio CHIYODA-KU, TOKYO, M0 566,098566.1k $28.5m $28.5m 0.02% Reduced -23.8k -23,756
63 Troluce Capital Advisors LLC 3.11% of their portfolio DORADO, PR 545,015545.0k $14.9m $14.9m 3.11% New
64 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 494,262494.3k $24.8m $24.8m 0.02% Reduced -3.6k -3,650
65 Savant Capital, LLC 0.25% of their portfolio ROCKFORD, IL 493,546493.5k $24.8m $24.8m 0.25% Reduced -4.1k -4,061
66 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 456,844456.8k $23.0m $23.0m 0.02% Reduced -20.0k -20,032
67 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 433,764433.8k $21.8m $21.8m 0.02% Added +313.4k +313,401
68 First Trust Capital Management L.P. 1.92% of their portfolio CHICAGO, IL 420,069420.1k $21.1m $21.1m 1.92% New
69 CIBC WORLD MARKETS CORP 0.13% of their portfolio NEW YORK, NY 393,195393.2k $19.8m $19.8m 0.13% Added +367.4k +367,439
70 PARADIGM CAPITAL MANAGEMENT INC/NY 0.87% of their portfolio ALBANY, NY 378,880378.9k $19.0m $19.0m 0.87% Unchanged
71 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 365,038365.0k $18.3m $18.3m 0.03% Added +81.0k +81,033
72 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 364,651364.7k $18.5m $18.5m 0.01% Reduced -155.6k -155,580
73 NATIXIS 0.11% of their portfolio PARIS, I0 359,627359.6k $18.1m $18.1m 0.11% Reduced -137.0k -136,953
74 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 358,802358.8k $18.0m $18.0m 0.01% Added +29.5k +29,521
75 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio WEST SACRAMENTO, CA 355,603355.6k $17.9m $17.9m 0.02% Added +5.5k +5,515
76 Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio Boston, MA 340,683340.7k $17.1m $17.1m 0.06% Unchanged
77 Boston Common Asset Management, LLC 0.43% of their portfolio BOSTON, MA 335,589335.6k $16.9m $16.9m 0.43% Added +151.2k +151,198
78 Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio TOKYO, M0 332,335332.3k $16.7m $16.7m 0.02% Added +33.6k +33,573
79 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 330,687330.7k $16.6m $16.6m 0.01% Added +7.5k +7,546
80 Access Investment Management LLC 5.34% of their portfolio ATLANTA, GA 327,250327.2k $16.4m $16.4m 5.34% Reduced -8.0k -7,970
81 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 315,089315.1k $15.8m $15.8m 0.02% Added +112.3k +112,342
82 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 314,556314.6k $15.8m $15.8m 0.02% Added +54.9k +54,883
83 STOREBRAND ASSET MANAGEMENT AS 0.05% of their portfolio LYSAKER, Q8 302,669302.7k $15.2m $15.2m 0.05% Added +175.0k +174,977
84 Skandinaviska Enskilda Banken AB (publ) 0.07% of their portfolio STOCKHOLM, V7 301,605301.6k $15.2m $15.2m 0.07% Added +187.8k +187,836
85 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio TALLAHASSEE, FL 299,833299.8k $15.1m $15.1m 0.03% Reduced -46.5k -46,451
86 MACQUARIE GROUP LTD 0.02% of their portfolio Sydney, NSW 2000, C3 293,201293.2k $14.7m $14.7m 0.02% Reduced -17.8k -17,751
87 Redwood Grove Capital, LLC 4.52% of their portfolio New York, NY 287,150287.1k $14.4m $14.4m 4.52% Reduced -13.8k -13,800
88 ING GROEP NV 0.08% of their portfolio AMSTERDAM, P7 284,937284.9k $14.3m $14.3m 0.08% Reduced -396.8k -396,775
89 Orbis Allan Gray Ltd 0.09% of their portfolio HamiltoN, D0 280,317280.3k $14.1m $14.1m 0.09% Reduced -2.8k -2,810
90 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio Paris, I0 279,732279.7k $14.1m $14.1m 0.04% Added +254.6k +254,589
91 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 273,935273.9k $13.8m $13.8m 0.00% Reduced -131.1k -131,078
92 ExodusPoint Capital Management, LP 0.14% of their portfolio NEW YORK, NY 260,564260.6k $13.1m $13.1m 0.14% Added +238.3k +238,292
93 Capula Management Ltd 0.15% of their portfolio Grand Cayman, E9 258,321258.3k $13.0m $13.0m 0.15% Added +173.3k +173,274
94 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 247,589247.6k $12.4m $12.4m 0.02% Reduced -4.5k -4,500
95 Silphium Asset Management Ltd 5.65% of their portfolio London, X0 235,000235.0k $11.8m $11.8m 5.65% Reduced -65.0k -65,000
96 Candriam S.C.A. 0.07% of their portfolio STRASSEN, N4 233,171233.2k $11.7m $11.7m 0.07% Added +88.9k +88,895
97 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 232,232232.2k $11.7m $11.7m 0.02% Reduced -2.6k -2,624
98 Jefferies Financial Group Inc. 0.22% of their portfolio NEW YORK, NY 225,000225.0k $11.3m $11.3m 0.22% New
99 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 224,824224.8k $11.3m $11.3m 0.02% Reduced -135.2k -135,238
100 Eisler Capital (UK) Ltd. 3.63% of their portfolio LONDON, X0 222,007222.0k $11.2m $11.2m 3.63% Reduced -145.0k -145,003