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 ($9.2m this quarter). Holder counts are more reliable. Shares outstanding: 493.2m as of 2023-12-31, 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 ≈ $83.05. Options: 15 managers hold calls ($221.2m notional), 17 hold puts ($168.2m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 561 |
| Q4 2022 | 587 |
| Q1 2023 | 592 |
| Q2 2023 | 598 |
| Q3 2023 | 601 |
| Q4 2023 | 613 |
| Q1 2024 | 617 |
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 |
| Q3 2023 | 244 | 246 |
| Q4 2023 | 239 | 264 |
| Q1 2024 | 265 | 264 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $134.4m | $118.1m | 0.88 |
| Q3 2023 | $195.3m | $153.8m | 0.79 |
| Q4 2023 | $159.8m | $157.4m | 0.98 |
| Q1 2024 | $221.2m | $168.2m | 0.76 |
Biggest buyers
| FMR LLC | Added | +5.4m |
| BARCLAYS PLC | Added | +4.6m |
| BANK OF MONTREAL /CAN/ | Added | +2.6m |
| MARSHALL WACE, LLP | Added | +2.3m |
| MORGAN STANLEY | Added | +1.6m |
| Amundi | Added | +1.4m |
| CITIGROUP INC | Added | +1.4m |
| DEUTSCHE BANK AG\ | Added | +1.0m |
| UBS Group AG | Added | +838.1k |
| AMF Tjanstepension AB | Added | +732.0k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.3m |
| Allspring Global Investments Holdings, LLC | Reduced | -1.2m |
| BlackRock Inc. | Reduced | -930.2k |
| AXA S.A. | Reduced | -564.8k |
| Vontobel Holding Ltd. | Reduced | -544.1k |
| Findlay Park Partners LLP | Reduced | -421.4k |
| Aristotle Capital Management, LLC | Reduced | -339.7k |
| Fiera Capital Corp | Reduced | -325.4k |
| Carmignac Gestion | Reduced | -322.8k |
| JPMORGAN CHASE & CO | Reduced | -313.9k |
Biggest calls
| UBS Group AG | Added | $141.8m1.7m shares |
| Twin Tree Management, LP | New | $19.9m238.9k shares |
| GOLDMAN SACHS GROUP INC | New | $13.4m160.7k shares |
| Eisler Capital (UK) Ltd. | Added | $8.7m105.3k shares |
| CITADEL ADVISORS LLC | Added | $8.4m100.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.0m84.2k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $4.2m50.0k shares |
| PEAK6 Investments LLC | Added | $4.0m48.1k shares |
| NOMURA HOLDINGS INC | New | $3.5m41.5k shares |
| Qube Research & Technologies Ltd | Unchanged | $3.0m40.0k shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | Added | $45.0m539.7k shares |
| UBS Group AG | Reduced | $33.7m404.9k shares |
| Eisler Capital (UK) Ltd. | Reduced | $24.3m293.3k shares |
| Qube Research & Technologies Ltd | Unchanged | $23.9m320.0k shares |
| Optiver Holding B.V. | Added | $10.5m125.9k shares |
| NOMURA HOLDINGS INC | New | $10.4m125.0k shares |
| CITADEL ADVISORS LLC | Added | $7.7m92.7k shares |
| BANK OF AMERICA CORP /DE/ | Added | $6.7m80.0k shares |
| PEAK6 Investments LLC | Added | $2.3m27.3k shares |
| Twin Tree Management, LP | New | $1.3m15.9k 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 Q1 2024
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 Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 18.7m $1.6bn | Added +259.7k |
| CREDIT SUISSE AG/ 1.24% of their portfolio | 15.5m $1.3bn | Added +327.2k |
| NORGES BANK 0.17% of their portfolio | 12.7m $1.1bn | Added +122.9k |
| Aristotle Capital Management, LLC 1.88% of their portfolio | 12.1m $1.0bn | Reduced -339.7k |
| Clearbridge Investments, LLC 0.63% of their portfolio | 9.5m $789.9m | Reduced -107.2k |
| Harding Loevner LP 4.31% of their portfolio | 8.4m $699.1m | Reduced -302.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 2.38% of their portfolio | 8.2m $678.3m | Reduced -17.3k |
| BARCLAYS PLC 0.30% of their portfolio | 8.1m $672.8m | Added +4.6m |
| AKO CAPITAL LLP 7.64% of their portfolio | 6.5m $539.6m | Reduced -100.9k |
| T. Rowe Price Investment Management, Inc. 0.33% of their portfolio | 6.4m $533.2m | Added +18.7k |
| Bank of New York Mellon Corp 0.09% of their portfolio | 5.7m $471.2m | Added +107.5k |
| FMR LLC 0.03% of their portfolio | 5.6m $460.9m | Added +5.4m |
| Amundi 0.18% of their portfolio | 5.3m $416.8m | Added +1.4m |
| WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio | 5.0m $412.4m | Reduced -1.3m |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 4.9m $410.5m | Added +612.9k |
| MORGAN STANLEY 0.01% of their portfolio | 4.6m $384.7m | Added +1.6m |
| BROWN BROTHERS HARRIMAN & CO 2.64% of their portfolio | 4.1m $344.4m | Reduced -46.9k |
| BlackRock Inc. 0.01% of their portfolio | 4.1m $344.0m | Reduced -930.2k |
| UBS Group AG 0.11% of their portfolio | 4.0m $334.4m | Added +838.1k |
| Sustainable Growth Advisers, LP 1.38% of their portfolio | 4.0m $330.1m | Added +349.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.8m $319.8m | Reduced -313.9k |
| DEUTSCHE BANK AG\ 0.15% of their portfolio | 3.8m $315.3m | Added +1.0m |
| MARSHALL WACE, LLP 0.52% of their portfolio | 3.7m $311.3m | Added +2.3m |
| ALLIANCEBERNSTEIN L.P. 0.11% of their portfolio | 3.7m $309.6m | Reduced -47.8k |
| Vontobel Holding Ltd. 2.37% of their portfolio | 3.6m $297.0m | Reduced -544.1k |
| Pictet Asset Management Holding SA 0.31% of their portfolio | 3.5m $288.7m | Reduced -16.7k |
| AMF Tjanstepension AB 2.18% of their portfolio | 3.5m $288.1m | Added +732.0k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 2.9m $241.6m | Added +130.1k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 2.8m $236.2m | Added +2.6m |
| Fiera Capital Corp 0.68% of their portfolio | 2.8m $234.6m | Reduced -325.4k |
| Allspring Global Investments Holdings, LLC 0.35% of their portfolio | 2.7m $226.9m | Reduced -1.2m |
| CITIGROUP INC 0.18% of their portfolio | 2.1m $171.4m | Added +1.4m |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.72% of their portfolio | 1.9m $159.8m | Reduced -12.2k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 1.8m $151.6m | Reduced -286.8k |
| Assenagon Asset Management S.A. 0.40% of their portfolio | 1.8m $150.8m | Added +390.6k |
| Rudius Management LP 32.14% of their portfolio | 1.7m $144.5m | Added +28.4k |
| MACKENZIE FINANCIAL CORP 0.20% of their portfolio | 1.7m $137.7m | Reduced -158.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 1.5m $124.2m | Added +50.5k |
| NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio | 1.4m $114.7m | Added +12.1k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.4m $112.4m | Reduced -74.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio | 1.2m $103.2m | Reduced -73.1k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 1.2m $98.1m | Added +2.6k |
| CIBC Private Wealth Group LLC 0.19% of their portfolio | 1.2m $95.2m | Reduced -96.5k |
| Findlay Park Partners LLP 0.88% of their portfolio | 1.2m $96.2m | Reduced -421.4k |
| Banque Cantonale Vaudoise 3.75% of their portfolio | 1.2m $95.6m | Added +5.5k |
| Williams Jones Wealth Management, LLC. 1.22% of their portfolio | 1.2m $96.0m | Reduced -181.3k |
| Manning & Napier Group, LLC 1.04% of their portfolio | 1.1m $91.4m | Reduced -5.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 1.1m $91.0m | Added +7.9k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.39% of their portfolio | 1.1m $90.5m | Reduced -17.1k |
| FIL Ltd 0.09% of their portfolio | 1.0m $86.5m | Added +4.6k |
| Madison Asset Management, LLC 1.00% of their portfolio | 976.6k $81.3m | Added +19.7k |
| Compagnie Lombard Odier SCmA 1.20% of their portfolio | 817.5k $67.8m | Added +19.3k |
| AVIVA PLC 0.22% of their portfolio | 812.4k $67.4m | Reduced -18.9k |
| Ilex Capital Partners (UK) LLP 6.61% of their portfolio | 808.4k $67.3m | Reduced -52.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 800.9k $66.7m | Reduced -10.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.05% of their portfolio | 793.2k $66.1m | Added +1.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 771.8k $64.3m | Reduced -121.9k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 753.7k $62.6m | Added +30.8k |
| SEI INVESTMENTS CO 0.09% of their portfolio | 729.9k $60.8m | Reduced -46.7k |
| DekaBank Deutsche Girozentrale 0.11% of their portfolio | 717.1k $59.4m | Added +20.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 688.5k $57.3m | Reduced -10.7k |
| TD Asset Management Inc 0.05% of their portfolio | 610.3k $50.8m | Added +42.4k |
| NICHOLAS COMPANY, INC. 0.84% of their portfolio | 607.5k $50.6m | Unchanged |
| THORNBURG INVESTMENT MANAGEMENT INC 0.70% of their portfolio | 589.0k $49.9m | Added +154.2k |
| LGT Group Foundation 1.09% of their portfolio | 556.0k $46.1m | Added +23.6k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 548.6k $45.5m | Added +7.7k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.43% of their portfolio | 547.2k $45.6m | Reduced -45.2k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 505.4k $42.1m | Reduced -204.8k |
| AXA S.A. 0.13% of their portfolio | 502.7k $41.9m | Reduced -564.8k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 495.0k $41.1m | Reduced -19.9k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 491.3k $40.9m | Added +367.9k |
| Korea Investment CORP 0.10% of their portfolio | 467.6k $38.8m | Added +41.7k |
| Troy Asset Management Ltd 1.16% of their portfolio | 461.6k $38.3m | Added +72.2k |
| Corient Private Wealth LP 0.07% of their portfolio | 440.9k $36.7m | Reduced -112.0k |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 436.6k $36.4m | Reduced -2.4k |
| Dundas Partners LLP 2.76% of their portfolio | 422.6k $35.0m | Unchanged |
| Capital Research Global Investors 0.01% of their portfolio | 412.3k $34.2m | Added +37.9k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 407.5k $33.9m | Reduced -10.9k |
| SIRIOS CAPITAL MANAGEMENT L P 6.00% of their portfolio | 382.3k $31.8m | Reduced -153.0k |
| Birch Hill Investment Advisors LLC 1.48% of their portfolio | 366.1k $30.5m | Added +13.2k |
| LPL Financial LLC 0.02% of their portfolio | 357.9k $29.8m | Reduced -14.0k |
| Invesco Ltd. 0.01% of their portfolio | 344.2k $28.7m | Added +26.3k |
| Susquehanna International Securities, Ltd. 11.13% of their portfolio | 334.6k $27.9m | Reduced -22.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 323.8k $26.9m | Added +31.8k |
| State of Tennessee, Department of Treasury 0.09% of their portfolio | 282.3k $23.4m | Unchanged |
| BRIDGES INVESTMENT MANAGEMENT INC 0.73% of their portfolio | 280.9k $23.4m | Reduced -13.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 277.8k $23.1m | Reduced -22.1k |
| TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 3.65% of their portfolio | 277.8k $23.1m | Added +5.3k |
| Martin Investment Management, LLC 5.53% of their portfolio | 270.4k $22.5m | Added +11.9k |
| PRIO WEALTH LIMITED PARTNERSHIP 0.64% of their portfolio | 265.3k $22.0m | Added +27.5k |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 264.0k $22.0m | Added +6.6k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 257.5k $21.4m | Reduced -15.7k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 256.0k $21.3m | Reduced -32.3k |
| MCDANIEL TERRY & CO 1.80% of their portfolio | 243.6k $20.3m | Reduced -1.0k |
| Polar Capital Holdings Plc 0.10% of their portfolio | 240.1k $18.8m | Reduced -100.4k |
| JARISLOWSKY, FRASER Ltd 0.11% of their portfolio | 234.8k $19.6m | Reduced -4.8k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.36% of their portfolio | 233.0k $19.4m | Added +19.8k |
| Zurich Insurance Group Ltd/FI 0.17% of their portfolio | 224.3k $18.6m | Reduced -4.8k |
| Ninety One UK Ltd 0.05% of their portfolio | 221.5k $18.4m | Unchanged |
| Pictet North America Advisors SA 2.04% of their portfolio | 220.2k $18.3m | Added +23.3k |