WORKDAY INC WDAY
CL A · Common Stock · CUSIP 98138H101 · ISIN US98138H1014
Financial and corporate software company
- SectorTechnology
- IndustryServices-Computer Processing & Data Preparation
- HeadquartersPleasanton, CA
- Founded2005
- Websiteworkday.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 ($149.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $214.74. Options: 39 managers hold calls ($753.9m notional), 36 hold puts ($698.3m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 787 |
| Q4 2022 | 806 |
| Q1 2023 | 871 |
| Q2 2023 | 899 |
| Q3 2023 | 939 |
| Q4 2023 | 1,053 |
| Q1 2024 | 1,071 |
| Q2 2024 | 1,044 |
| Q3 2024 | 1,083 |
| Q4 2024 | 1,132 |
| Q1 2025 | 1,146 |
| Q2 2025 | 1,143 |
| Q3 2025 | 1,096 |
| Q4 2025 | 1,094 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 564 | 437 |
| Q2 2024 | 594 | 445 |
| Q3 2024 | 601 | 417 |
| Q4 2024 | 588 | 455 |
| Q1 2025 | 611 | 472 |
| Q2 2025 | 574 | 527 |
| Q3 2025 | 499 | 610 |
| Q4 2025 | 415 | 624 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $550.7m | $730.7m | 1.33 |
| Q2 2025 | $681.4m | $1.2bn | 1.74 |
| Q3 2025 | $1.3bn | $1.5bn | 1.15 |
| Q4 2025 | $753.9m | $698.3m | 0.93 |
Biggest buyers
| Invesco Ltd. | Added | +5.0m |
| VANGUARD GROUP INC | Added | +3.2m |
| JANUS HENDERSON GROUP PLC | Added | +2.5m |
| First Eagle Investment Management, LLC | Added | +2.0m |
| GENERATION INVESTMENT MANAGEMENT LLP | Added | +1.0m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +915.0k |
| Contour Asset Management LLC | New | +857.1k |
| T. Rowe Price Investment Management, Inc. | Added | +819.4k |
| Pacer Advisors, Inc. | Added | +683.7k |
| Assenagon Asset Management S.A. | Added | +678.6k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.0m |
| POLEN CAPITAL MANAGEMENT LLC | Reduced | -1.9m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.6m |
| CIBC Private Wealth Group LLC | Reduced | -1.3m |
| PARNASSUS INVESTMENTS, LLC | Reduced | -1.1m |
| Squarepoint Ops LLC | Reduced | -1.0m |
| UBS Group AG | Reduced | -770.6k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -678.0k |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -604.1k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -502.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $219.6m1.0m shares |
| CITADEL ADVISORS LLC | Reduced | $91.0m423.8k shares |
| JANE STREET GROUP, LLC | Added | $72.7m338.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $70.9m330.1k shares |
| UBS Group AG | Added | $44.8m208.4k shares |
| IMC-Chicago, LLC | Reduced | $34.9m162.3k shares |
| Optiver Holding B.V. | Added | $22.8m106.0k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $21.5m1.0k shares |
| Allianz Asset Management GmbH | Added | $21.5m100.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $20.6m95.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $119.8m557.9k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $94.9m441.7k shares |
| PEAK6 LLC | Reduced | $67.5m314.4k shares |
| UBS Group AG | Reduced | $64.6m300.7k shares |
| JANE STREET GROUP, LLC | Added | $62.3m290.1k shares |
| CITADEL ADVISORS LLC | Reduced | $60.3m280.6k shares |
| D. E. Shaw & Co., Inc. | Reduced | $34.9m162.4k shares |
| IMC-Chicago, LLC | Reduced | $34.3m159.9k shares |
| JPMORGAN CHASE & CO | Reduced | $22.6m105.1k shares |
| Optiver Holding B.V. | Added | $21.5m100.0k 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 |
|---|---|
| DUFFIELD DAVID A 13G · exempt (held before listing) -0.3 pts · filed 2026-02-12 | 19.0% |
| BlackRock, Inc. 13G · institution +0.3 pts · filed 2026-09-04 | 10.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.6% |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 13G · institution +1.2 pts · filed 2026-08-12 | 6.3% |
| EAGLE CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-14 | 5.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.6% |
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 Q4 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 |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 7 | $10.8m | $3.3m |
| Q2 2024 | 0 | — | 3 | $7.0m | $7.0m |
| Q3 2024 | 0 | — | 4 | $6.8m | $6.8m |
| Q4 2024 | 0 | — | 4 | $4.6m | $4.6m |
| Q1 2025 | 0 | — | 6 | $6.5m | $6.5m |
| Q2 2025 | 0 | — | 3 | $3.5m | $3.5m |
| Q3 2025 | 0 | — | 4 | $3.6m | $3.6m |
| Q4 2025 | 0 | — | 6 | $6.6m | $6.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-23 | DUFFIELD DAVID A 10% owner | Sold plan | $17.3m80.3k shares |
| 2025-12-19 | Kazmaier Gerrit S President, Prod. and Tech. | Sold plan | $1.4m6.5k shares |
| 2025-12-16 | DUFFIELD DAVID A 10% owner | Sold plan | $17.6m81.4k shares |
| 2025-12-02 | DUFFIELD DAVID A 10% owner | Sold plan | $17.4m82.0k shares |
| 2025-10-10 | MCNAMARA MICHAEL M Director | Sold plan | $1.3m5.4k shares |
| 2025-10-09 | Garfield Mark S. Chief Accounting Officer | Sold plan | $457.6k1.9k shares |
| 2025-10-08 | DUFFIELD DAVID A 10% owner | Sold plan | $17.7m75.1k shares |
| 2025-10-07 | Rowe Zane Chief Financial Officer | Sold plan | $1.4m6.0k shares |
| 2025-10-07 | Sauer Richard Harry Chief Legal Officer & Secty | Sold plan | $547.2k2.3k shares |
| 2025-10-01 | DUFFIELD DAVID A 10% owner | Sold plan | $17.1m72.7k shares |
| 2025-10-01 | Eschenbach Carl M. CEO, director · Eschenbach Family Trust dtd 4/15/2014, Carl Eschenbach Jr and Ana Eschenbach TTEE | Sold plan | $1.5m6.2k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 25.0m $5.4bn | Added +3.2m |
| BlackRock, Inc. 0.07% of their portfolio | 19.9m $4.3bn | Added +298.8k |
| STATE STREET CORP 0.07% of their portfolio | 9.8m $2.1bn | Added +96.1k |
| EAGLE CAPITAL MANAGEMENT LLC 5.07% of their portfolio | 7.6m $1.6bn | Reduced -88.9k |
| Invesco Ltd. 0.15% of their portfolio | 7.3m $1.6bn | Added +5.0m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 4.34% of their portfolio | 6.8m $1.5bn | Added +915.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 5.1m $1.1bn | Added +75.9k |
| JANUS HENDERSON GROUP PLC 0.48% of their portfolio | 5.0m $1.1bn | Added +2.5m |
| T. Rowe Price Investment Management, Inc. 0.41% of their portfolio | 4.9m $1.0bn | Added +819.4k |
| First Eagle Investment Management, LLC 1.64% of their portfolio | 4.3m $931.9m | Added +2.0m |
| GENERATION INVESTMENT MANAGEMENT LLP 6.13% of their portfolio | 4.1m $884.5m | Added +1.0m |
| BANK OF AMERICA CORP /DE/ 0.06% of their portfolio | 3.8m $809.0m | Added +317.8k |
| MORGAN STANLEY 0.04% of their portfolio | 3.2m $683.2m | Reduced -10.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.49% of their portfolio | 2.8m $595.5m | Added +116.1k |
| FIL Ltd 0.45% of their portfolio | 2.8m $594.6m | Reduced -452.7k |
| Pictet Asset Management Holding SA 0.54% of their portfolio | 2.6m $554.2m | Added +257.6k |
| BARCLAYS PLC 0.20% of their portfolio | 2.4m $509.5m | Added +78.7k |
| UBS Group AG 0.10% of their portfolio | 2.3m $492.8m | Reduced -770.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.10% of their portfolio | 2.1m $455.9m | Reduced -1.6m |
| PARNASSUS INVESTMENTS, LLC 1.18% of their portfolio | 2.1m $454.6m | Reduced -1.1m |
| LOOMIS SAYLES & CO L P 0.54% of their portfolio | 2.1m $450.2m | Reduced -51.3k |
| NORGES BANK 0.05% of their portfolio | 2.1m $448.8m | Not comparable |
| Amundi 0.12% of their portfolio | 2.0m $439.4m | Added +64.8k |
| NORTHERN TRUST CORP 0.06% of their portfolio | 2.0m $433.2m | Reduced -83.9k |
| BROWN ADVISORY INC 0.51% of their portfolio | 1.7m $367.2m | Added +486.0k |
| Meritage Group LP 10.77% of their portfolio | 1.6m $346.3m | Added +123.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 1.6m $342.0m | Added +50.9k |
| VAN ECK ASSOCIATES CORP 0.28% of their portfolio | 1.6m $335.0m | Added +144.8k |
| Legal & General Group Plc 0.07% of their portfolio | 1.5m $329.2m | Added +7.0k |
| BAILLIE GIFFORD & CO 0.26% of their portfolio | 1.5m $314.7m | Reduced -64.0k |
| Assenagon Asset Management S.A. 0.46% of their portfolio | 1.4m $304.3m | Added +678.6k |
| FERNBRIDGE CAPITAL MANAGEMENT LP 14.83% of their portfolio | 1.4m $302.0m | Added +23.9k |
| Newlands Management Operations LLC 1.51% of their portfolio | 1.4m $292.9m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.17% of their portfolio | 1.4m $292.1m | Added +252.3k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 1.4m $290.5m | Added +7.7k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 1.3m $285.9m | Reduced -341.2k |
| Nuveen, LLC 0.07% of their portfolio | 1.3m $280.7m | Reduced -26.8k |
| FIRST TRUST ADVISORS LP 0.20% of their portfolio | 1.3m $277.4m | Added +70.7k |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 1.2m $251.1m | Added +554.4k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 1.1m $233.5m | Reduced -199.9k |
| TIGER GLOBAL MANAGEMENT LLC 0.72% of their portfolio | 1.0m $214.8m | Unchanged |
| Bridgewater Associates, LP 0.76% of their portfolio | 965.1k $207.3m | Reduced -75.3k |
| FMR LLC 0.01% of their portfolio | 940.3k $202.0m | Reduced -245.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 927.9k $199.3m | Reduced -2.0m |
| Contour Asset Management LLC 4.30% of their portfolio | 857.1k $184.1m | New |
| BLAIR WILLIAM & CO/IL 0.48% of their portfolio | 829.1k $178.1m | Reduced -53.9k |
| Temasek Holdings (Private) Ltd 0.56% of their portfolio | 812.0k $174.4m | Added +289.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.15% of their portfolio | 789.5k $170.2m | Reduced -604.1k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 770.8k $165.6m | Reduced -405.3k |
| Pacer Advisors, Inc. 0.43% of their portfolio | 765.0k $164.3m | Added +683.7k |
| Select Equity Group, L.P. 0.73% of their portfolio | 727.7k $156.3m | Reduced -589 |
| Vontobel Holding Ltd. 0.51% of their portfolio | 714.1k $153.4m | Reduced -128.5k |
| NEUBERGER BERMAN GROUP LLC 0.11% of their portfolio | 682.7k $146.6m | Added +3.5k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 649.5k $139.5m | Reduced -678.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 644.2k $138.4m | Reduced -74.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 618.1k $132.8m | Added +32.3k |
| CITIGROUP INC 0.09% of their portfolio | 595.4k $127.9m | Reduced -446.8k |
| Swiss National Bank 0.08% of their portfolio | 594.7k $127.7m | Reduced -27.9k |
| Robeco Institutional Asset Management B.V. 0.17% of their portfolio | 571.8k $122.8m | Added +88.4k |
| BRISTOL JOHN W & CO INC /NY/ 1.85% of their portfolio | 560.5k $120.4m | Reduced -10.2k |
| California Public Employees Retirement System 0.07% of their portfolio | 559.1k $120.1m | Reduced -61.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 544.0k $116.8m | Reduced -29.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 507.2k $108.9m | Added +80.3k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 499.9k $107.4m | Reduced -96.9k |
| NZS Capital, LLC 3.22% of their portfolio | 488.6k $104.9m | Added +83.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.12% of their portfolio | 483.6k $103.9m | Added +65.1k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 479.6k $103.0m | Reduced -45.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 473.4k $97.4m | Added +23.8k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 465.7k $100.0m | Reduced -131.9k |
| Champlain Investment Partners, LLC 1.00% of their portfolio | 460.6k $98.9m | Reduced -99.8k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.49% of their portfolio | 425.4k $91.4m | Added +20.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 399.8k $85.9m | Reduced -183.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.12% of their portfolio | 388.0k $83.4m | Added +25.1k |
| RHUMBLINE ADVISERS 0.07% of their portfolio | 385.8k $82.9m | Reduced -9.0k |
| ProShare Advisors LLC 0.15% of their portfolio | 384.2k $82.5m | Added +98.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.14% of their portfolio | 381.8k $82.0m | Reduced -20.5k |
| National Pension Service 0.06% of their portfolio | 357.1k $76.7m | Reduced -418.5k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 353.2k $75.9m | Reduced -311.0k |
| AMF Tjanstepension AB 0.45% of their portfolio | 338.5k $72.7m | Reduced -195.5k |
| NATIONAL BANK OF CANADA /FI/ 0.07% of their portfolio | 330.7k $71.0m | Reduced -502.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 319.9k $68.7m | Reduced -3.4k |
| Keenan Capital, LLC 12.49% of their portfolio | 319.2k $68.6m | Added +27.0k |
| Freestone Grove Partners LP 0.48% of their portfolio | 312.3k $67.1m | Added +200.6k |
| TUDOR INVESTMENT CORP ET AL 0.35% of their portfolio | 300.0k $64.4m | New |
| MANNING & NAPIER ADVISORS LLC 0.80% of their portfolio | 283.9k $61.6m | Reduced -219.7k |
| NICHOLAS COMPANY, INC. 1.06% of their portfolio | 282.0k $60.6m | Reduced -15 |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 268.8k $57.7m | Reduced -81.8k |
| Douglas Lane & Associates, LLC 0.79% of their portfolio | 268.0k $57.6m | Reduced -17.1k |
| Advent International, L.P. 1.19% of their portfolio | 266.9k $57.3m | Reduced -13.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 256.0k $55.0m | Added +1.3k |
| STIFEL FINANCIAL CORP 0.05% of their portfolio | 254.1k $54.6m | Reduced -77.8k |
| NOMURA HOLDINGS INC 0.16% of their portfolio | 252.9k $54.3m | Added +31.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 246.8k $53.0m | Reduced -94.7k |
| Retirement Systems of Alabama 0.17% of their portfolio | 245.1k $52.6m | Added +199.0k |
| Skandinaviska Enskilda Banken AB (publ) 0.20% of their portfolio | 237.4k $51.0m | Reduced -9.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.08% of their portfolio | 236.7k $51.1m | Reduced -5.0k |
| CANADA LIFE ASSURANCE Co 0.09% of their portfolio | 229.7k $49.3m | Reduced -20.6k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 219.0k $47.0m | Reduced -8.9k |
| Aberdeen Group plc 0.07% of their portfolio | 216.1k $46.4m | Reduced -1.6k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 213.6k $45.9m | Reduced -38.4k |