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 ($364.5m this quarter). Holder counts are more reliable. Shares outstanding: 387.9m as of 2026-01-31, 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 ≈ $269.39. Options: 44 managers hold calls ($1.1bn notional), 43 hold puts ($1.3bn).
Trends to Q4 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 |
| Q2 2025 | 2,321 |
| Q3 2025 | 2,384 |
| Q4 2025 | 2,462 |
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 | 928 | 833 |
| Q2 2024 | 934 | 897 |
| Q3 2024 | 1,031 | 862 |
| Q4 2024 | 1,002 | 874 |
| Q1 2025 | 1,062 | 1,026 |
| Q2 2025 | 1,203 | 897 |
| Q3 2025 | 1,168 | 896 |
| Q4 2025 | 1,089 | 1,081 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $1.7bn | $997.3m | 0.57 |
| Q2 2025 | $3.1bn | $1.4bn | 0.45 |
| Q3 2025 | $1.5bn | $1.1bn | 0.73 |
| Q4 2025 | $1.1bn | $1.3bn | 1.18 |
Biggest buyers
| J. Stern & Co. LLP | Added | +58.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.8m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | New | +1.0m |
| BlackRock, Inc. | Added | +834.6k |
| Qube Research & Technologies Ltd | Added | +745.6k |
| JANUS HENDERSON GROUP PLC | Added | +699.4k |
| Corient Private Wealth LP | Added | +679.0k |
| JANE STREET GROUP, LLC | Added | +594.5k |
| TWO SIGMA INVESTMENTS, LP | New | +591.9k |
| D. E. Shaw & Co., Inc. | New | +543.6k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -20.3m |
| FMR LLC | Reduced | -3.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.8m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.0m |
| Winslow Capital Management, LLC | Sold out | -1.0m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -796.0k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -722.4k |
| BESSEMER GROUP INC | Reduced | -699.2k |
| Invesco Ltd. | Reduced | -662.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $223.1m700.4k shares |
| CITADEL ADVISORS LLC | Added | $209.5m657.6k shares |
| JANE STREET GROUP, LLC | Added | $175.7m551.7k shares |
| IMC-Chicago, LLC | Added | $87.7m275.5k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | $41.4m130.0k shares |
| Arosa Capital Management LP | Added | $39.8m125.0k shares |
| Oribel Capital Management, LP | New | $29.9m93.8k shares |
| Squarepoint Ops LLC | Added | $24.8m77.9k shares |
| GROUP ONE TRADING LLC | Reduced | $24.3m76.2k shares |
| Walleye Trading LLC | Reduced | $22.9m71.9k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $313.5m984.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $227.1m713.0k shares |
| BARCLAYS PLC | Added | $132.7m416.5k shares |
| IMC-Chicago, LLC | Added | $103.9m326.3k shares |
| CITADEL ADVISORS LLC | Reduced | $79.9m250.8k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $52.6m1.7k shares |
| Yaupon Capital Management LP | New | $48.6m152.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $40.1m126.0k shares |
| GOLDMAN SACHS GROUP INC | Added | $37.7m118.5k shares |
| Qube Research & Technologies Ltd | Added | $33.2m104.1k 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 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 | $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 | — | — |
| Q2 2025 | 0 | — | 6 | $58.1m | — |
| Q3 2025 | 1 | $36.1k | 1 | $5.7m | — |
| Q4 2025 | 1 | $106.4k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-18 | Johnson Gerald Director | Bought | $68.0k200 shares |
| 2025-10-31 | Johnson Gerald Director | Bought | $38.4k100 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 |
|---|---|---|
| J. Stern & Co. LLP 5.03% of their portfolio | 59.0m $59.0m | Added +58.8m |
| VANGUARD GROUP INC 0.18% of their portfolio | 37.9m $12.1bn | Added +275.2k |
| BlackRock, Inc. 0.16% of their portfolio | 29.4m $9.4bn | Added +834.6k |
| JPMORGAN CHASE & CO 0.39% of their portfolio | 18.2m $5.8bn | Reduced -20.3m |
| STATE STREET CORP 0.18% of their portfolio | 16.9m $5.4bn | Reduced -83.2k |
| MORGAN STANLEY 0.25% of their portfolio | 13.0m $4.1bn | Added +201.4k |
| BANK OF AMERICA CORP /DE/ 0.27% of their portfolio | 11.5m $3.7bn | Reduced -1.0m |
| FMR LLC 0.14% of their portfolio | 8.9m $2.8bn | Reduced -3.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 8.7m $2.7bn | Added +49.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.57% of their portfolio | 5.5m $1.8bn | Reduced -1.8m |
| RAYMOND JAMES FINANCIAL INC 0.53% of their portfolio | 5.3m $1.7bn | Reduced -51.6k |
| JANUS HENDERSON GROUP PLC 0.71% of their portfolio | 5.0m $1.6bn | Added +699.4k |
| Nuveen, LLC 0.42% of their portfolio | 5.0m $1.6bn | Reduced -100.6k |
| GOLDMAN SACHS GROUP INC 0.22% of their portfolio | 4.8m $1.5bn | Reduced -172.0k |
| NORGES BANK 0.16% of their portfolio | 4.8m $1.5bn | Not comparable |
| COATUE MANAGEMENT LLC 3.76% of their portfolio | 4.7m $1.5bn | Reduced -73.6k |
| NORTHERN TRUST CORP 0.18% of their portfolio | 4.5m $1.4bn | Added +19.0k |
| UBS Group AG 0.25% of their portfolio | 3.9m $1.2bn | Reduced -283.9k |
| Invesco Ltd. 0.11% of their portfolio | 3.8m $1.2bn | Reduced -662.1k |
| Clearbridge Investments, LLC 0.83% of their portfolio | 3.2m $1.0bn | Reduced -126.3k |
| WELLS FARGO & COMPANY/MN 0.20% of their portfolio | 3.2m $1.0bn | Reduced -44.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.21% of their portfolio | 3.1m $977.4m | Added +468.5k |
| ALLIANCEBERNSTEIN L.P. 0.30% of their portfolio | 2.9m $937.2m | Reduced -446.2k |
| Bank of New York Mellon Corp 0.15% of their portfolio | 2.7m $872.1m | Reduced -52.0k |
| Legal & General Group Plc 0.17% of their portfolio | 2.4m $774.5m | Reduced -122.4k |
| ROYAL BANK OF CANADA 0.13% of their portfolio | 2.4m $760.9m | Added +203.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio | 2.3m $728.5m | Added +18.4k |
| DEUTSCHE BANK AG\ 0.23% of their portfolio | 2.3m $720.3m | Added +292.5k |
| AMERIPRISE FINANCIAL INC 0.16% of their portfolio | 2.3m $719.8m | Reduced -1.6m |
| Amundi 0.18% of their portfolio | 2.1m $654.8m | Added +397.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio | 1.8m $584.8m | Added +1.8m |
| FRANKLIN RESOURCES INC 0.13% of their portfolio | 1.7m $531.9m | Reduced -43.9k |
| FIRST TRUST ADVISORS LP 0.38% of their portfolio | 1.7m $527.4m | Added +384.2k |
| NEUBERGER BERMAN GROUP LLC 0.35% of their portfolio | 1.5m $467.8m | Reduced -114.7k |
| STIFEL FINANCIAL CORP 0.41% of their portfolio | 1.4m $452.2m | Reduced -28.6k |
| Fayez Sarofim & Co 1.08% of their portfolio | 1.4m $448.2m | Added +150.9k |
| Pictet Asset Management Holding SA 0.43% of their portfolio | 1.4m $439.5m | Added +21.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.26% of their portfolio | 1.4m $434.3m | Reduced -42.8k |
| 1832 Asset Management L.P. 0.51% of their portfolio | 1.3m $404.7m | Reduced -17.6k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 1.2m $395.9m | Added +12.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 1.2m $384.0m | Added +21.8k |
| Swiss National Bank 0.20% of their portfolio | 1.1m $339.7m | Reduced -61.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.38% of their portfolio | 1.0m $328.5m | New |
| PNC Financial Services Group, Inc. 0.17% of their portfolio | 960.5k $305.9m | Reduced -21.8k |
| Artisan Partners Limited Partnership 0.45% of their portfolio | 917.7k $292.3m | Reduced -187.3k |
| Man Group plc 0.56% of their portfolio | 916.1k $291.8m | Added +473.1k |
| Qube Research & Technologies Ltd 0.40% of their portfolio | 887.5k $282.7m | Added +745.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.41% of their portfolio | 861.2k $274.3m | Added +26.8k |
| Corient Private Wealth LP 0.17% of their portfolio | 859.8k $260.2m | Added +679.0k |
| National Pension Service 0.20% of their portfolio | 839.5k $267.4m | Added +64.5k |
| BARCLAYS PLC 0.11% of their portfolio | 837.2k $266.7m | Reduced -70.3k |
| Bahl & Gaynor LLC 1.34% of their portfolio | 832.8k $265.2m | Reduced -53.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.18% of their portfolio | 818.4k $267.9m | Added +29.4k |
| California Public Employees Retirement System 0.14% of their portfolio | 779.0k $248.1m | Reduced -4.1k |
| NATIXIS ADVISORS, LLC 0.35% of their portfolio | 772.3k $246.0m | Reduced -37.0k |
| Swedbank AB 0.23% of their portfolio | 737.5k $234.9m | Reduced -72.6k |
| LPL Financial LLC 0.06% of their portfolio | 726.9k $231.5m | Added +26.1k |
| TD Asset Management Inc 0.17% of their portfolio | 680.9k $216.9m | Reduced -184.9k |
| BAILLIE GIFFORD & CO 0.18% of their portfolio | 673.8k $214.6m | Reduced -24.1k |
| DekaBank Deutsche Girozentrale 0.42% of their portfolio | 673.6k $240.7m | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.21% of their portfolio | 649.3k $206.8m | Added +472.6k |
| CIBC Private Wealth Group LLC 0.35% of their portfolio | 645.6k $205.6m | Reduced -1.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.16% of their portfolio | 640.9k $205.6m | Added +39.9k |
| Guinness Asset Management LTD 3.30% of their portfolio | 635.9k $203.7m | Reduced -21.2k |
| RHUMBLINE ADVISERS 0.16% of their portfolio | 626.9k $199.7m | Reduced -17.7k |
| JANE STREET GROUP, LLC 0.23% of their portfolio | 610.8k $194.5m | Added +594.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.19% of their portfolio | 610.3k $194.4m | Reduced -13.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 592.8k $188.8m | Added +4.6k |
| TWO SIGMA INVESTMENTS, LP 0.28% of their portfolio | 591.9k $188.5m | New |
| TRUIST FINANCIAL CORP 0.25% of their portfolio | 588.9k $187.6m | Added +18.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.09% of their portfolio | 560.7k $178.6m | Reduced -24.4k |
| HighTower Advisors, LLC 0.19% of their portfolio | 553.7k $176.4m | Added +35.8k |
| D. E. Shaw & Co., Inc. 0.13% of their portfolio | 543.6k $173.2m | New |
| LAZARD ASSET MANAGEMENT LLC 0.29% of their portfolio | 536.8k $171.0m | Reduced -9.6k |
| Bank Julius Baer & Co. Ltd, Zurich 0.47% of their portfolio | 536.7k $171.2m | Added +5.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.22% of their portfolio | 522.9k $166.5m | Reduced -81.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio | 518.7k $165.2m | Added +2.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio | 511.4k $162.9m | Reduced -51.2k |
| Williams Jones Wealth Management, LLC. 1.84% of their portfolio | 511.3k $162.9m | Reduced -4.3k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 509.3k $162.2m | Reduced -55.5k |
| CONGRESS ASSET MANAGEMENT CO 1.14% of their portfolio | 508.1k $161.8m | Reduced -11.5k |
| FIFTH THIRD BANCORP 0.49% of their portfolio | 487.9k $155.4m | Added +115 |
| Aberdeen Group plc 0.24% of their portfolio | 484.6k $154.4m | Reduced -6.6k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 484.2k $154.6m | Added +292.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio | 484.0k $154.2m | Added +120.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.33% of their portfolio | 479.3k $152.7m | Reduced -26.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.26% of their portfolio | 475.4k $151.4m | Reduced -100.1k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.21% of their portfolio | 464.3k $154.6m | Added +3.0k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 458.6k $146.1m | Added +160.7k |
| BESSEMER GROUP INC 0.22% of their portfolio | 458.3k $146.0m | Reduced -699.2k |
| TCW GROUP INC 1.02% of their portfolio | 449.0k $143.0m | Added +229.2k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.22% of their portfolio | 449.0k $143.0m | First filing |
| Janney Montgomery Scott LLC 0.33% of their portfolio | 446.6k $142.2m | Reduced -19.8k |
| CITIGROUP INC 0.09% of their portfolio | 433.2k $138.0m | Reduced -219.6k |
| OMERS ADMINISTRATION Corp 0.98% of their portfolio | 429.7k $136.9m | Reduced -400 |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.20% of their portfolio | 395.2k $126.0m | Added +12.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.33% of their portfolio | 391.8k $124.8m | New |
| US BANCORP \DE\ 0.15% of their portfolio | 391.2k $124.6m | Added +10.7k |
| AGF MANAGEMENT LTD 0.53% of their portfolio | 386.3k $123.0m | Reduced -872 |
| Russell Investments Group, Ltd. 0.13% of their portfolio | 383.5k $122.3m | Added +13.4k |