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 ($11.0m this quarter). Holder counts are more reliable. Shares outstanding: 494.6m as of 2024-12-31, 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 ≈ $84.34. Options: 10 managers hold calls ($163.9m notional), 18 hold puts ($212.9m).
Trends to Q4 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 |
| Q2 2024 | 634 |
| Q3 2024 | 659 |
| Q4 2024 | 661 |
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 2023 | 273 | 244 |
| Q2 2023 | 216 | 309 |
| Q3 2023 | 244 | 246 |
| Q4 2023 | 239 | 264 |
| Q1 2024 | 265 | 264 |
| Q2 2024 | 272 | 266 |
| Q3 2024 | 272 | 289 |
| Q4 2024 | 250 | 300 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $221.2m | $168.2m | 0.76 |
| Q2 2024 | $224.0m | $214.9m | 0.96 |
| Q3 2024 | $235.6m | $190.1m | 0.81 |
| Q4 2024 | $163.9m | $212.9m | 1.30 |
Biggest buyers
| MACKENZIE FINANCIAL CORP | Added | +7.6m |
| Liontrust Investment Partners LLP | New | +1.7m |
| CITADEL ADVISORS LLC | New | +1.5m |
| GOLDMAN SACHS GROUP INC | Added | +1.4m |
| BARCLAYS PLC | Added | +1.2m |
| Select Equity Group, L.P. | Added | +1.1m |
| Point72 Asset Management, L.P. | New | +1.1m |
| Capital Research Global Investors | Added | +972.7k |
| Bank Julius Baer & Co. Ltd, Zurich | Added | +902.0k |
| Bank of New York Mellon Corp | Added | +804.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -4.0m |
| Assenagon Asset Management S.A. | Reduced | -2.6m |
| Clearbridge Investments, LLC | Reduced | -2.1m |
| AMF Tjanstepension AB | Reduced | -1.4m |
| Harding Loevner LP | Reduced | -795.8k |
| Ilex Capital Partners (UK) LLP | Reduced | -663.8k |
| CITIGROUP INC | Reduced | -658.3k |
| Amundi | Reduced | -403.4k |
| AKO CAPITAL LLP | Reduced | -281.5k |
| Fisher Asset Management, LLC | Reduced | -227.6k |
Biggest calls
| UBS Group AG | Reduced | $114.1m1.3m shares |
| BANK OF AMERICA CORP /DE/ | Added | $16.1m190.0k shares |
| GOLDMAN SACHS GROUP INC | Added | $15.8m185.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.2m85.2k shares |
| Walleye Trading LLC | Added | $3.1m36.6k shares |
| HSBC HOLDINGS PLC | New | $2.5m30.0k shares |
| SIH Partners, LLLP | New | $1.8m21.2k shares |
| Walleye Capital LLC | New | $1.7m20.2k shares |
| CITADEL ADVISORS LLC | Added | $1.2m14.1k shares |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. | First filing | $339.6k4.0k shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | Added | $85.7m1.0m shares |
| JANE STREET GROUP, LLC | New | $47.1m555.0k shares |
| Qube Research & Technologies Ltd | New | $27.4m323.4k shares |
| Eisler Capital Management Ltd. | First filing | $27.1m320.0k shares |
| CITADEL ADVISORS LLC | Added | $4.6m54.7k shares |
| JPMORGAN CHASE & CO | Reduced | $4.2m50.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.2m48.9k shares |
| UBS Group AG | Reduced | $3.8m45.0k shares |
| Optiver Holding B.V. | Reduced | $3.5m40.7k shares |
| Walleye Capital LLC | New | $1.7m20.1k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 5.9% |
Insider purchases and sales in Q4 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 Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 19.6m $1.7bn | Added +204.5k |
| FMR LLC 0.08% of their portfolio | 15.0m $1.3bn | Added +602.3k |
| NORGES BANK 0.14% of their portfolio | 12.6m $1.1bn | Added +603.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.24% of their portfolio | 12.0m $1.0bn | Reduced -95.1k |
| Aristotle Capital Management, LLC 1.93% of their portfolio | 11.8m $1.0bn | Reduced -43.8k |
| MACKENZIE FINANCIAL CORP 0.40% of their portfolio | 11.5m $878.8m | Added +7.6m |
| Zurcher Kantonalbank (Zurich Cantonalbank) 2.16% of their portfolio | 8.9m $757.8m | Added +306.7k |
| Bank of New York Mellon Corp 0.13% of their portfolio | 8.6m $730.7m | Added +804.5k |
| Harding Loevner LP 4.86% of their portfolio | 8.5m $719.5m | Reduced -795.8k |
| Vontobel Holding Ltd. 2.28% of their portfolio | 7.9m $665.2m | Added +484.2k |
| Select Equity Group, L.P. 2.26% of their portfolio | 6.5m $553.1m | Added +1.1m |
| T. Rowe Price Investment Management, Inc. 0.33% of their portfolio | 6.4m $540.6m | Reduced -21.9k |
| AKO CAPITAL LLP 6.89% of their portfolio | 5.9m $498.6m | Reduced -281.5k |
| UBS Group AG 0.11% of their portfolio | 5.8m $492.6m | Added +215.5k |
| Clearbridge Investments, LLC 0.36% of their portfolio | 5.2m $439.8m | Reduced -2.1m |
| Amundi 0.13% of their portfolio | 4.5m $375.2m | Reduced -403.4k |
| Pictet Asset Management Holding SA 0.38% of their portfolio | 4.2m $352.8m | Added +738.8k |
| Legal & General Group Plc 0.09% of their portfolio | 4.1m $348.5m | Reduced -160.1k |
| MARSHALL WACE, LLP 0.43% of their portfolio | 4.1m $346.4m | Added +553.1k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.1m $346.1m | Reduced -138.8k |
| BROWN BROTHERS HARRIMAN & CO 2.35% of their portfolio | 4.0m $335.4m | Reduced -70.7k |
| DEUTSCHE BANK AG\ 0.13% of their portfolio | 3.8m $322.4m | Reduced -89.3k |
| Sustainable Growth Advisers, LP 1.61% of their portfolio | 3.8m $320.7m | Reduced -130.2k |
| ALLIANCEBERNSTEIN L.P. 0.10% of their portfolio | 3.4m $285.4m | Reduced -112.6k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 3.2m $267.7m | Added +2.7k |
| BlackRock, Inc. 0.00% of their portfolio | 2.8m $234.6m | Added +35.6k |
| BARCLAYS PLC 0.12% of their portfolio | 2.8m $233.8m | Added +1.2m |
| Fiera Capital Corp 0.69% of their portfolio | 2.6m $218.1m | Added +38.1k |
| Allspring Global Investments Holdings, LLC 0.33% of their portfolio | 2.5m $207.8m | Added +15.1k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 2.3m $194.2m | Added +1.4m |
| CAISSE DES DEPOTS ET CONSIGNATIONS 8.07% of their portfolio | 2.1m $164.3m | First filing |
| NEUBERGER BERMAN GROUP LLC 0.14% of their portfolio | 2.1m $180.3m | Added +298.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.1m $178.2m | Reduced -4.0m |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.75% of their portfolio | 2.1m $174.3m | Added +91.5k |
| Rudius Management LP 38.99% of their portfolio | 2.0m $167.6m | Added +276.6k |
| Nuveen Asset Management, LLC 0.04% of their portfolio | 1.8m $155.7m | Added +98.5k |
| Liontrust Investment Partners LLP 2.10% of their portfolio | 1.7m $144.8m | New |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 1.7m $141.7m | Reduced -180.9k |
| CITADEL ADVISORS LLC 0.12% of their portfolio | 1.5m $130.9m | New |
| MORGAN STANLEY 0.01% of their portfolio | 1.5m $128.7m | Reduced -2.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio | 1.5m $125.8m | Added +214.8k |
| Capital Research Global Investors 0.02% of their portfolio | 1.4m $117.2m | Added +972.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.3m $112.2m | Reduced -72.9k |
| CIBC Private Wealth Group LLC 0.19% of their portfolio | 1.2m $103.3m | Added +48.0k |
| Findlay Park Partners LLP 0.97% of their portfolio | 1.2m $97.8m | Added +18.0k |
| ANTIPODES PARTNERS Ltd 3.38% of their portfolio | 1.1m $97.2m | Added +69.0k |
| Invesco Ltd. 0.02% of their portfolio | 1.1m $95.9m | Added +5.6k |
| Bank Julius Baer & Co. Ltd, Zurich 0.29% of their portfolio | 1.1m $94.4m | Added +902.0k |
| Point72 Asset Management, L.P. 0.25% of their portfolio | 1.1m $92.2m | New |
| THORNBURG INVESTMENT MANAGEMENT INC 1.22% of their portfolio | 1.1m $92.0m | Added +145.7k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.35% of their portfolio | 1.0m $88.4m | Reduced -43.2k |
| Williams Jones Wealth Management, LLC. 1.04% of their portfolio | 1.0m $85.9m | Reduced -71.2k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 996.0k $84.4m | Reduced -57.9k |
| Madison Asset Management, LLC 0.89% of their portfolio | 931.2k $79.0m | Reduced -6.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 928.3k $78.8m | Added +98.5k |
| Alyeska Investment Group, L.P. 0.29% of their portfolio | 916.0k $77.8m | Added +402.2k |
| SEI INVESTMENTS CO 0.10% of their portfolio | 877.9k $74.5m | Added +33.5k |
| FIL Ltd 0.06% of their portfolio | 818.6k $69.4m | Reduced -109.9k |
| AVIVA PLC 0.18% of their portfolio | 816.2k $69.2m | Added +50.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.05% of their portfolio | 776.3k $65.9m | Reduced -11.9k |
| Compagnie Lombard Odier SCmA 0.94% of their portfolio | 748.3k $63.5m | Reduced -36.3k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 747.7k $63.4m | Reduced -88.5k |
| DekaBank Deutsche Girozentrale 0.10% of their portfolio | 726.8k $54.0m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 716.6k $60.9m | Added +337 |
| TD Asset Management Inc 0.05% of their portfolio | 648.0k $55.0m | Added +3.2k |
| NICHOLAS COMPANY, INC. 0.84% of their portfolio | 607.7k $51.6m | Unchanged |
| Ilex Capital Partners (UK) LLP 3.26% of their portfolio | 600.9k $51.0m | Reduced -663.8k |
| LGT Group Foundation 0.77% of their portfolio | 589.2k $49.9m | Added +12.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 587.0k $49.8m | Added +119.2k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 581.3k $49.3m | Added +326.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.45% of their portfolio | 552.2k $46.9m | Reduced -34.4k |
| J. Stern & Co. LLP 4.08% of their portfolio | 510.7k $43.3m | New |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 507.7k $43.1m | Reduced -139.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.05% of their portfolio | 500.7k $42.5m | Added +3.6k |
| Allianz Asset Management GmbH 0.06% of their portfolio | 473.3k $40.2m | Reduced -66.1k |
| BRIDGES INVESTMENT MANAGEMENT INC 0.54% of their portfolio | 451.1k $38.3m | Reduced -7.2k |
| AXA S.A. 0.11% of their portfolio | 444.1k $37.7m | Reduced -18.5k |
| NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio | 438.1k $37.3m | Added +352.4k |
| MANNING & NAPIER ADVISORS LLC 0.42% of their portfolio | 437.8k $37.2m | Reduced -9.1k |
| Troy Asset Management Ltd 1.18% of their portfolio | 423.6k $35.9m | Reduced -3.2k |
| Korea Investment CORP 0.08% of their portfolio | 410.4k $34.8m | Reduced -46.4k |
| Birch Hill Investment Advisors LLC 1.61% of their portfolio | 407.7k $34.6m | Added +18.6k |
| Dundas Partners LLP 2.40% of their portfolio | 404.0k $34.2m | Reduced -21.9k |
| CITIGROUP INC 0.03% of their portfolio | 398.1k $33.8m | Reduced -658.3k |
| BLI - Banque de Luxembourg Investments 0.88% of their portfolio | 381.5k $32.3m | First filing |
| State of Tennessee, Department of Treasury 0.11% of their portfolio | 372.4k $31.6m | Reduced -9.3k |
| STIFEL FINANCIAL CORP 0.03% of their portfolio | 371.0k $31.5m | Reduced -18.6k |
| LPL Financial LLC 0.01% of their portfolio | 359.9k $30.5m | Added +20.1k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 347.0k $29.5m | Added +67.4k |
| Canoe Financial LP 0.47% of their portfolio | 340.7k $28.9m | Added +23.3k |
| Reynders McVeigh Capital Management, LLC 1.46% of their portfolio | 327.1k $27.8m | Added +34.5k |
| Corient Private Wealth LP 0.04% of their portfolio | 318.2k $27.0m | Reduced -2.7k |
| CREDIT AGRICOLE S A 0.09% of their portfolio | 310.8k $26.4m | Added +41.2k |
| Ninety One UK Ltd 0.07% of their portfolio | 304.7k $25.9m | Reduced -13.1k |
| BANQUE PICTET & CIE SA 0.25% of their portfolio | 303.7k $25.8m | Added +114.5k |
| SIRIOS CAPITAL MANAGEMENT L P 4.62% of their portfolio | 303.5k $25.8m | Reduced -9.2k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 296.8k $25.2m | Added +76.1k |
| ExodusPoint Capital Management, LP 0.26% of their portfolio | 295.5k $25.1m | Added +20.9k |
| Holocene Advisors, LP 0.08% of their portfolio | 286.1k $24.3m | Reduced -167.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 281.0k $23.9m | New |