ALCON AG ALC
ORD SHS · Common Stock · CUSIP H01301128
* 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 ($8.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $82.23. Options: 8 managers hold calls ($134.4m notional), 17 hold puts ($118.1m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 561 |
| Q4 2022 | 587 |
| Q1 2023 | 592 |
| Q2 2023 | 598 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 203 | 296 |
| Q1 2023 | 273 | 244 |
| Q2 2023 | 216 | 309 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $92.8m | $123.1m | 1.33 |
| Q4 2022 | $172.7m | $177.7m | 1.03 |
| Q1 2023 | $186.0m | $125.2m | 0.67 |
| Q2 2023 | $134.4m | $118.1m | 0.88 |
Biggest buyers
| DEUTSCHE BANK AG\ | Added | +1.5m |
| VANGUARD GROUP INC | Added | +1.4m |
| Sustainable Growth Advisers, LP | Added | +1.1m |
| MARSHALL WACE, LLP | Added | +956.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) | Added | +569.3k |
| NORGES BANK | Added | +545.6k |
| Exane Asset Management | Added | +500.6k |
| CITADEL ADVISORS LLC | Added | +500.0k |
| Dundas Partners LLP | New | +384.7k |
| Alyeska Investment Group, L.P. | Added | +377.4k |
Biggest sellers
| NORTHERN TRUST CORP | Reduced | -1.0m |
| Clearbridge Investments, LLC | Reduced | -892.6k |
| UBS Group AG | Reduced | -867.7k |
| CITIGROUP INC | Reduced | -721.6k |
| WCM INVESTMENT MANAGEMENT, LLC | Reduced | -715.0k |
| BARCLAYS PLC | Reduced | -647.0k |
| Amundi | Reduced | -563.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -547.9k |
| JANE STREET GROUP, LLC | Reduced | -469.7k |
| Harding Loevner LP | Reduced | -466.9k |
Biggest calls
| UBS Group AG | Reduced | $105.3m1.3m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $12.7m155.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $9.3m113.7k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $4.1m50.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m13.8k shares |
| Walleye Trading LLC | Reduced | $1.0m12.4k shares |
| PEAK6 Investments LLC | Reduced | $541.9k6.6k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $238.1k2.9k shares |
Biggest puts
| Eisler Capital (UK) Ltd. | Added | $39.0m475.0k shares |
| GOLDMAN SACHS GROUP INC | Added | $34.1m415.3k shares |
| UBS Group AG | Reduced | $12.3m150.0k shares |
| Optiver Holding B.V. | Added | $7.8m94.4k shares |
| JPMORGAN CHASE & CO | Unchanged | $7.1m86.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $5.7m70.0k shares |
| PURA VIDA INVESTMENTS, LLC | Reduced | $4.0m48.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.1m38.1k shares |
| Walleye Trading LLC | Reduced | $2.3m27.5k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m15.3k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 5.9% |
Insider purchases and sales in Q2 2023
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.
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 18.0m $1.5bn | Added +1.4m |
| CREDIT SUISSE AG/ 1.15% of their portfolio | 14.1m $1.2bn | Added +14.9k |
| Aristotle Capital Management, LLC 2.20% of their portfolio | 13.2m $1.1bn | Reduced -259.2k |
| NORGES BANK 0.20% of their portfolio | 12.3m $1.0bn | Added +545.6k |
| Clearbridge Investments, LLC 0.72% of their portfolio | 9.8m $802.0m | Reduced -892.6k |
| Harding Loevner LP 4.55% of their portfolio | 9.5m $779.9m | Reduced -466.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 3.14% of their portfolio | 8.6m $711.0m | Added +569.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.11% of their portfolio | 6.9m $574.2m | Added +28.0k |
| AKO CAPITAL LLP 8.13% of their portfolio | 6.5m $537.6m | Reduced -85.0k |
| T. Rowe Price Investment Management, Inc. 0.36% of their portfolio | 6.4m $522.9m | Added +23.4k |
| BlackRock Inc. 0.01% of their portfolio | 5.6m $457.4m | Added +275.5k |
| BROWN BROTHERS HARRIMAN & CO 3.51% of their portfolio | 5.3m $436.1m | Reduced -183.6k |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 4.8m $393.5m | Added +33.4k |
| Allspring Global Investments Holdings, LLC 0.63% of their portfolio | 4.8m $393.0m | Reduced -96.8k |
| DEUTSCHE BANK AG\ 0.19% of their portfolio | 4.3m $354.8m | Added +1.5m |
| Bank of New York Mellon Corp 0.07% of their portfolio | 4.0m $329.2m | Added +195.2k |
| Vontobel Holding Ltd. 2.88% of their portfolio | 4.0m $328.6m | Reduced -55.8k |
| Amundi 0.16% of their portfolio | 3.9m $315.1m | Reduced -563.8k |
| UBS Group AG 0.13% of their portfolio | 3.6m $294.9m | Reduced -867.7k |
| PICTET ASSET MANAGEMENT SA 0.33% of their portfolio | 3.4m $280.1m | Reduced -70.8k |
| Fiera Capital Corp 0.79% of their portfolio | 3.3m $274.3m | Added +72.3k |
| Sustainable Growth Advisers, LP 1.29% of their portfolio | 3.3m $271.4m | Added +1.1m |
| MARSHALL WACE, LLP 0.58% of their portfolio | 3.3m $269.8m | Added +956.2k |
| ALLIANCEBERNSTEIN L.P. 0.11% of their portfolio | 3.2m $261.7m | Reduced -148.2k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 2.7m $218.0m | Added +8.9k |
| Perpetual Ltd 1.83% of their portfolio | 2.6m $213.5m | Reduced -141.9k |
| CIBC Private Wealth Group LLC 0.20% of their portfolio | 2.3m $186.1m | Added +64.5k |
| FRANKLIN RESOURCES INC 0.08% of their portfolio | 2.1m $175.7m | Reduced -49.9k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.78% of their portfolio | 1.9m $156.4m | Reduced -10.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.18% of their portfolio | 1.8m $146.2m | Reduced -56.9k |
| Assenagon Asset Management S.A. 0.57% of their portfolio | 1.8m $146.1m | Reduced -144.2k |
| CITIGROUP INC 0.18% of their portfolio | 1.6m $136.3m | Reduced -721.6k |
| Rudius Management LP 71.67% of their portfolio | 1.6m $132.5m | Reduced -33.1k |
| MORGAN STANLEY 0.01% of their portfolio | 1.5m $120.4m | Reduced -41.6k |
| MACKENZIE FINANCIAL CORP 0.18% of their portfolio | 1.4m $117.4m | Added +92.9k |
| Holocene Advisors, LP 0.52% of their portfolio | 1.4m $118.7m | Added +122.0k |
| NEUBERGER BERMAN GROUP LLC 0.10% of their portfolio | 1.4m $113.3m | Added +134.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.17% of their portfolio | 1.4m $113.0m | Reduced -12.9k |
| Williams Jones Wealth Management, LLC. 1.64% of their portfolio | 1.3m $109.4m | Added +3.5k |
| Manning & Napier Group, LLC 1.21% of their portfolio | 1.3m $105.7m | Added +4.5k |
| Findlay Park Partners LLP 1.08% of their portfolio | 1.3m $105.0m | Added +82.4k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 1.2m $100.3m | Reduced -13.4k |
| BARCLAYS PLC 0.06% of their portfolio | 1.2m $98.9m | Reduced -647.0k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 1.2m $98.5m | Added +500.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 1.1m $93.7m | Reduced -169.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.1m $91.5m | Reduced -405.3k |
| Banque Cantonale Vaudoise 4.27% of their portfolio | 1.1m $91.5m | Added +94.8k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.0m $85.4m | Reduced -410.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.0m $84.3m | Reduced -208.1k |
| Madison Asset Management, LLC 1.09% of their portfolio | 913.6k $75.0m | Reduced -5.7k |
| Carmignac Gestion 1.23% of their portfolio | 872.3k $71.6m | Added +133.7k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 870.2k $72.0m | Added +64.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 802.5k $65.9m | Reduced -1.0m |
| PRIMECAP MANAGEMENT CO/CA/ 0.05% of their portfolio | 794.9k $65.3m | Unchanged |
| FIL Ltd 0.07% of their portfolio | 776.9k $64.3m | Reduced -6.1k |
| SEI INVESTMENTS CO 0.11% of their portfolio | 763.4k $62.7m | Added +21.0k |
| Compagnie Lombard Odier SCmA 1.69% of their portfolio | 728.6k $60.3m | Added +23.5k |
| Nekton Capital Ltd. 9.52% of their portfolio | 707.2k $58.1m | Reduced -259.3k |
| Alyeska Investment Group, L.P. 0.44% of their portfolio | 700.0k $57.5m | Added +377.4k |
| DekaBank Deutsche Girozentrale 0.13% of their portfolio | 684.5k $56.2m | Added +77.6k |
| Korea Investment CORP 0.16% of their portfolio | 677.5k $56.1m | Added +45.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.51% of their portfolio | 652.2k $53.6m | Added +12.4k |
| AXA S.A. 0.17% of their portfolio | 619.8k $50.9m | Reduced -81.3k |
| Allianz Asset Management GmbH 0.10% of their portfolio | 612.1k $50.7m | Reduced -28.2k |
| NICHOLAS COMPANY, INC. 0.95% of their portfolio | 607.5k $49.9m | Unchanged |
| AVIVA PLC 0.20% of their portfolio | 598.9k $49.6m | Added +130.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 591.3k $48.6m | Added +6.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 547.9k $45.0m | Reduced -193.1k |
| TD Asset Management Inc 0.05% of their portfolio | 546.1k $44.9m | Reduced -12.0k |
| AXIOM INVESTORS LLC /DE 0.66% of their portfolio | 543.5k $44.6m | Added +90.7k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 526.9k $43.6m | Added +104.9k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 524.7k $43.1m | Reduced -547.9k |
| Exane Asset Management 22.38% of their portfolio | 504.1k $41.7m | Added +500.6k |
| SIRIOS CAPITAL MANAGEMENT L P 6.85% of their portfolio | 483.0k $39.7m | Reduced -81.7k |
| LGT Group Foundation 0.96% of their portfolio | 477.2k $39.5m | Added +111.0k |
| RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio | 439.0k $36.0m | Reduced -22.6k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 421.4k $34.6m | Reduced -15.0k |
| BANQUE PICTET & CIE SA 0.31% of their portfolio | 421.1k $34.9m | Added +76.6k |
| STIFEL FINANCIAL CORP 0.05% of their portfolio | 414.6k $34.0m | Reduced -14.2k |
| TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 3.96% of their portfolio | 400.0k $32.8m | Reduced -3.0k |
| Troy Asset Management Ltd 0.88% of their portfolio | 386.2k $29.9m | Reduced -392.6k |
| Dundas Partners LLP 3.00% of their portfolio | 384.7k $31.9m | New |
| Corient Private Wealth LP 0.07% of their portfolio | 370.9k $30.5m | Reduced -22.4k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.49% of their portfolio | 367.5k $30.3m | Added +13.9k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 336.5k $27.6m | Reduced -9.2k |
| LPL Financial LLC 0.02% of their portfolio | 323.3k $26.5m | Added +209 |
| BRIDGES INVESTMENT MANAGEMENT INC 0.86% of their portfolio | 313.0k $25.7m | Reduced -4.7k |
| Polar Capital Holdings Plc 0.17% of their portfolio | 310.1k $25.5m | Reduced -24.5k |
| State of Tennessee, Department of Treasury 0.10% of their portfolio | 291.1k $24.1m | New |
| TRILLIUM ASSET MANAGEMENT, LLC 0.66% of their portfolio | 285.2k $23.5m | Added +124.9k |
| Martin Investment Management, LLC 6.23% of their portfolio | 269.1k $22.1m | Reduced -65.1k |
| Robeco Schweiz AG 0.31% of their portfolio | 254.5k $20.9m | Reduced -13.0k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio | 252.4k $20.9m | Reduced -38.5k |
| NATIXIS ADVISORS, LLC 0.06% of their portfolio | 239.7k $19.7m | Reduced -50.2k |
| MCDANIEL TERRY & CO 2.00% of their portfolio | 239.7k $19.7m | Reduced -2.3k |
| JARISLOWSKY, FRASER Ltd 0.12% of their portfolio | 236.6k $19.4m | Reduced -18.0k |
| Pictet North America Advisors SA 2.67% of their portfolio | 232.5k $19.3m | Added +13.2k |
| US BANCORP \DE\ 0.03% of their portfolio | 231.0k $19.0m | Reduced -12.3k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 228.8k $19.1m | Reduced -35.3k |
| PRIO WEALTH LIMITED PARTNERSHIP 0.67% of their portfolio | 226.4k $18.8m | Added +29.9k |