EATON CORP PLC ETN
SHS · Common Stock · CUSIP G29183103
Multinational power management company
* 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 ($148.7m this quarter). Holder counts are more reliable. Shares outstanding: 391.3m as of 2025-03-31, 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 ≈ $271.67. Options: 49 managers hold calls ($1.7bn notional), 52 hold puts ($997.3m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,378 |
| Q4 2022 | 1,483 |
| Q1 2023 | 1,524 |
| Q2 2023 | 1,622 |
| Q3 2023 | 1,661 |
| Q4 2023 | 1,817 |
| Q1 2024 | 2,001 |
| Q2 2024 | 2,075 |
| Q3 2024 | 2,124 |
| Q4 2024 | 2,281 |
| Q1 2025 | 2,187 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 719 | 706 |
| Q3 2023 | 683 | 751 |
| Q4 2023 | 785 | 751 |
| Q1 2024 | 928 | 833 |
| Q2 2024 | 934 | 897 |
| Q3 2024 | 1,031 | 862 |
| Q4 2024 | 1,002 | 874 |
| Q1 2025 | 1,062 | 1,026 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $1.2bn | $709.3m | 0.60 |
| Q3 2024 | $1.2bn | $830.0m | 0.70 |
| Q4 2024 | $1.1bn | $1.4bn | 1.21 |
| Q1 2025 | $1.7bn | $997.3m | 0.57 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +4.1m |
| UBS Group AG | Added | +2.2m |
| 1832 Asset Management L.P. | Added | +1.9m |
| AMERIPRISE FINANCIAL INC | Added | +1.7m |
| BANK OF AMERICA CORP /DE/ | Added | +1.5m |
| Fayez Sarofim & Co | Added | +880.7k |
| MORGAN STANLEY | Added | +851.1k |
| CIBC Private Wealth Group LLC | Added | +596.3k |
| JANUS HENDERSON GROUP PLC | Added | +577.5k |
| Invesco Ltd. | Added | +533.8k |
Biggest sellers
| FMR LLC | Reduced | -4.3m |
| JENNISON ASSOCIATES LLC | Reduced | -4.3m |
| Capital World Investors | Sold out | -4.1m |
| Winslow Capital Management, LLC | Reduced | -1.2m |
| TD Asset Management Inc | Reduced | -1.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -720.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -563.6k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -509.5k |
| LORD, ABBETT & CO. LLC | Reduced | -488.2k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -452.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $290.9m1.1m shares |
| 1832 Asset Management L.P. | New | $282.7m1.0m shares |
| CITADEL ADVISORS LLC | Added | $238.6m877.6k shares |
| BARCLAYS PLC | Added | $161.7m595.0k shares |
| IMC-Chicago, LLC | Added | $87.2m320.9k shares |
| WOLVERINE TRADING, LLC | Added | $82.1m299.4k shares |
| PEAK6 LLC | Reduced | $72.2m265.7k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | $63.9m235.0k shares |
| SIMPLEX TRADING, LLC | Added | $63.6m233.9k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $48.4m178.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $136.9m503.8k shares |
| CITADEL ADVISORS LLC | Reduced | $99.4m365.7k shares |
| JANE STREET GROUP, LLC | Added | $75.6m278.1k shares |
| Twin Tree Management, LP | Reduced | $72.7m267.4k shares |
| Yaupon Capital Management LP | Added | $68.0m250.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $65.6m239.1k shares |
| NOMURA HOLDINGS INC | Added | $63.7m234.5k shares |
| IMC-Chicago, LLC | Added | $56.8m209.0k shares |
| BARCLAYS PLC | Reduced | $37.2m137.0k shares |
| Qube Research & Technologies Ltd | Added | $30.8m113.3k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 4 | $40.4m | — |
| Q3 2023 | 0 | — | 6 | $27.8m | — |
| Q4 2023 | 0 | — | 1 | $601.8k | — |
| Q1 2024 | 0 | — | 7 | $57.3m | — |
| Q2 2024 | 0 | — | 2 | $6.2m | — |
| Q3 2024 | 2 | $811.6k | 4 | $16.6m | — |
| Q4 2024 | 0 | — | 5 | $31.6m | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.18% of their portfolio | 37.5m $10.2bn | Added +289.8k |
| BlackRock, Inc. 0.17% of their portfolio | 29.8m $8.1bn | Reduced -145.7k |
| JPMORGAN CHASE & CO 0.45% of their portfolio | 22.0m $6.0bn | Added +4.1m |
| STATE STREET CORP 0.19% of their portfolio | 16.7m $4.5bn | Reduced -210.1k |
| BANK OF AMERICA CORP /DE/ 0.31% of their portfolio | 12.9m $3.5bn | Added +1.5m |
| MORGAN STANLEY 0.23% of their portfolio | 11.8m $3.2bn | Added +851.1k |
| FMR LLC 0.19% of their portfolio | 10.9m $3.0bn | Reduced -4.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 8.5m $2.3bn | Added +297.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.75% of their portfolio | 8.3m $2.3bn | Reduced -720.4k |
| Nuveen, LLC 0.45% of their portfolio | 5.4m $1.5bn | First filing |
| RAYMOND JAMES FINANCIAL INC 0.54% of their portfolio | 5.3m $1.4bn | Reduced -452.4k |
| UBS Group AG 0.28% of their portfolio | 4.7m $1.3bn | Added +2.2m |
| NORTHERN TRUST CORP 0.18% of their portfolio | 4.5m $1.2bn | Reduced -29.5k |
| COATUE MANAGEMENT LLC 5.35% of their portfolio | 4.5m $1.2bn | Added +16.4k |
| NORGES BANK 0.17% of their portfolio | 4.5m $1.2bn | Reduced -48.7k |
| GOLDMAN SACHS GROUP INC 0.20% of their portfolio | 4.0m $1.1bn | Added +413.5k |
| Invesco Ltd. 0.20% of their portfolio | 3.9m $1.1bn | Added +533.8k |
| ALLIANCEBERNSTEIN L.P. 0.36% of their portfolio | 3.7m $994.9m | Added +397.1k |
| AMERIPRISE FINANCIAL INC 0.27% of their portfolio | 3.6m $987.0m | Added +1.7m |
| Clearbridge Investments, LLC 0.86% of their portfolio | 3.6m $981.2m | Added +423.7k |
| JANUS HENDERSON GROUP PLC 0.54% of their portfolio | 3.6m $982.8m | Added +577.5k |
| WELLS FARGO & COMPANY/MN 0.22% of their portfolio | 3.3m $899.9m | Added +58.0k |
| Bank of New York Mellon Corp 0.16% of their portfolio | 3.0m $821.6m | Reduced -107.8k |
| Amundi 0.27% of their portfolio | 2.8m $735.2m | Added +208.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.18% of their portfolio | 2.5m $691.6m | Added +139.1k |
| Legal & General Group Plc 0.18% of their portfolio | 2.4m $665.4m | Added +27.4k |
| FRANKLIN RESOURCES INC 0.19% of their portfolio | 2.4m $642.7m | Reduced -380.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.12% of their portfolio | 2.3m $616.7m | Added +13.1k |
| 1832 Asset Management L.P. 1.11% of their portfolio | 2.1m $580.7m | Added +1.9m |
| DEUTSCHE BANK AG\ 0.22% of their portfolio | 2.0m $555.5m | Added +489.3k |
| NEUBERGER BERMAN GROUP LLC 0.43% of their portfolio | 1.9m $515.8m | Added +190.0k |
| Capital International Investors 0.09% of their portfolio | 1.7m $460.9m | Added +118.1k |
| ROYAL BANK OF CANADA 0.09% of their portfolio | 1.5m $416.8m | Reduced -187.2k |
| Pictet Asset Management Holding SA 0.43% of their portfolio | 1.4m $391.3m | Reduced -199.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.28% of their portfolio | 1.4m $390.8m | Added +1.4k |
| BARCLAYS PLC 0.18% of their portfolio | 1.4m $385.0m | Added +279.8k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 1.4m $382.9m | Added +60.8k |
| STIFEL FINANCIAL CORP 0.40% of their portfolio | 1.4m $378.0m | Added +15.6k |
| Artisan Partners Limited Partnership 0.59% of their portfolio | 1.3m $363.4m | Added +137.0k |
| Bahl & Gaynor LLC 1.67% of their portfolio | 1.2m $327.4m | Added +162.1k |
| Swiss National Bank 0.21% of their portfolio | 1.1m $303.0m | Reduced -10.0k |
| Fayez Sarofim & Co 0.70% of their portfolio | 1.0m $282.3m | Added +880.7k |
| BESSEMER GROUP INC 0.48% of their portfolio | 984.9k $267.7m | Reduced -121.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.20% of their portfolio | 984.7k $267.7m | First filing |
| PNC Financial Services Group, Inc. 0.13% of their portfolio | 924.4k $251.3m | Added +16.2k |
| TD Asset Management Inc 0.23% of their portfolio | 917.6k $249.4m | Reduced -1.0m |
| National Pension Service 0.24% of their portfolio | 904.3k $245.8m | Added +74.2k |
| FIRST TRUST ADVISORS LP 0.20% of their portfolio | 825.0k $224.3m | Added +219.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.47% of their portfolio | 817.6k $222.3m | Reduced -171.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio | 813.6k $221.2m | Added +43.7k |
| BAILLIE GIFFORD & CO 0.18% of their portfolio | 746.6k $202.9m | Reduced -51.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.18% of their portfolio | 713.0k $193.9m | Added +72.0k |
| DekaBank Deutsche Girozentrale 0.37% of their portfolio | 704.4k $189.1m | Added +30.7k |
| RHUMBLINE ADVISERS 0.18% of their portfolio | 700.1k $190.3m | Reduced -1.9k |
| CITADEL ADVISORS LLC 0.18% of their portfolio | 685.9k $186.5m | Added +84.7k |
| California Public Employees Retirement System 0.13% of their portfolio | 668.3k $181.7m | Reduced -20.9k |
| JANE STREET GROUP, LLC 0.33% of their portfolio | 668.3k $181.7m | Added +307.7k |
| CITIGROUP INC 0.14% of their portfolio | 658.4k $179.0m | Added +364.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.26% of their portfolio | 656.2k $178.4m | Reduced -3.4k |
| CIBC Private Wealth Group LLC 0.33% of their portfolio | 629.0k $158.2m | Added +596.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.21% of their portfolio | 621.7k $169.0m | Reduced -6.8k |
| AXA S.A. 0.55% of their portfolio | 610.6k $166.0m | Reduced -9.1k |
| LPL Financial LLC 0.06% of their portfolio | 609.2k $165.2m | Added +68.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.37% of their portfolio | 608.3k $165.4m | Added +328.2k |
| Carmignac Gestion 2.69% of their portfolio | 602.5k $163.8m | Added +422.5k |
| Bank Julius Baer & Co. Ltd, Zurich 0.53% of their portfolio | 601.1k $163.6m | Added +61.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 593.7k $161.4m | Added +718 |
| NATIXIS ADVISORS, LLC 0.29% of their portfolio | 586.0k $159.3m | Reduced -100.0k |
| LAZARD ASSET MANAGEMENT LLC 0.23% of their portfolio | 556.8k $151.4m | Reduced -65.9k |
| TRUIST FINANCIAL CORP 0.23% of their portfolio | 534.8k $145.4m | Reduced -16.5k |
| CONGRESS ASSET MANAGEMENT CO 1.07% of their portfolio | 527.0k $143.3m | Added +2.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.13% of their portfolio | 501.6k $136.4m | Added +133.1k |
| AGF MANAGEMENT LTD 0.71% of their portfolio | 494.8k $134.5m | Added +130.2k |
| Williams Jones Wealth Management, LLC. 1.69% of their portfolio | 486.9k $132.3m | Added +54.5k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.25% of their portfolio | 482.6k $131.2m | Reduced -141.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.48% of their portfolio | 478.5k $130.1m | Added +472.4k |
| Tredje AP-fonden 1.20% of their portfolio | 474.1k $128.9m | Added +286.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 473.1k $128.6m | Reduced -6.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.34% of their portfolio | 470.2k $127.8m | Added +58.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.15% of their portfolio | 469.9k $127.7m | Reduced -563.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.25% of their portfolio | 466.2k $126.7m | Added +29.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.36% of their portfolio | 464.3k $126.2m | Added +58.0k |
| HighTower Advisors, LLC 0.17% of their portfolio | 453.5k $123.3m | Added +28.6k |
| Janney Montgomery Scott LLC 0.35% of their portfolio | 451.5k $122.7m | Reduced -3.9k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 447.2k $121.6m | Added +266.0k |
| Aberdeen Group plc 0.23% of their portfolio | 444.4k $119.7m | Added +249.8k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 441.0k $119.9m | Reduced -59.9k |
| OMERS ADMINISTRATION Corp 1.02% of their portfolio | 430.1k $116.9m | Added +413.0k |
| FIFTH THIRD BANCORP 0.44% of their portfolio | 429.9k $116.9m | Added +23.7k |
| APG Asset Management N.V. 0.33% of their portfolio | 428.8k $107.9m | Added +16.0k |
| Public Sector Pension Investment Board 0.49% of their portfolio | 418.8k $113.8m | Added +38.2k |
| Haverford Trust Co 1.09% of their portfolio | 397.7k $108.1m | Added +15.9k |
| Russell Investments Group, Ltd. 0.15% of their portfolio | 396.3k $107.9m | Reduced -15.7k |
| FEDERATED HERMES, INC. 0.23% of their portfolio | 388.9k $105.7m | Reduced -11.6k |
| NATIONAL BANK OF CANADA /FI/ 0.12% of their portfolio | 385.6k $104.9m | Reduced -4.5k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 384.3k $104.5m | Reduced -51.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.20% of their portfolio | 379.6k $103.2m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.18% of their portfolio | 377.4k $102.8m | Added +9.1k |
| Korea Investment CORP 0.25% of their portfolio | 372.7k $101.3m | Added +69.9k |
| Mariner, LLC 0.16% of their portfolio | 356.9k $97.0m | Added +16.1k |