Vault-13

UBS GROUP AG UBS

SHS · Common Stock · CUSIP H42097107

Swiss multinational investment bank and financial services company

459 institutional holders +23 vs Q1 2023
1,268,599,9121.3bn shares reported held*
$25.7bnreported value*
90 new 162 added 160 reduced 68 sold out net sold ≈ $3.6bn (-182.3m shares)

* 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 ($3.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.24. Options: 31 managers hold calls ($838.7m notional), 26 hold puts ($817.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 367Q4 22: 378Q1 23: 436Q2 23: 459459Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022367
Q4 2022378
Q1 2023436
Q2 2023459

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 159 bought or addedQ4 22: 193 cut or sold outQ4 22Q1 23: 219 bought or addedQ1 23: 199 cut or sold outQ1 23Q2 23: 252 bought or addedQ2 23: 228 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022159193
Q1 2023219199
Q2 2023252228

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$250m$500m$750m$1bnQ3 22 calls: $266.6mQ3 22 puts: $529.7mQ3 22P/C 1.99Q4 22 calls: $348.2mQ4 22 puts: $492.4mQ4 22P/C 1.41Q1 23 calls: $679.7mQ1 23 puts: $779.4mQ1 23P/C 1.15Q2 23 calls: $838.7mQ2 23 puts: $817.6mQ2 23P/C 0.97
Numbers
QuarterCallsPutsP/C
Q3 2022$266.6m$529.7m1.99
Q4 2022$348.2m$492.4m1.41
Q1 2023$679.7m$779.4m1.15
Q2 2023$838.7m$817.6m0.97

Biggest buyers

NORGES BANK Added +15,662,771+15.7m
Capital World Investors Added +11,900,050+11.9m
JPMORGAN CHASE & CO Added +9,661,130+9.7m
BANK OF AMERICA CORP /DE/ Added +8,626,468+8.6m
VANGUARD GROUP INC Added +7,215,957+7.2m
DEUTSCHE BANK AG\ Added +5,433,526+5.4m
CITIGROUP INC Added +5,218,321+5.2m
DISCOVERY CAPITAL MANAGEMENT, LLC / CT New +2,814,800+2.8m
Amundi Added +2,464,731+2.5m
PZENA INVESTMENT MANAGEMENT LLC Added +2,352,289+2.4m

Biggest sellers

UBS Group AG Reduced -188,590,954-188.6m
FMR LLC Reduced -34,319,890-34.3m
Perpetual Ltd Reduced -4,059,798-4.1m
CANADA PENSION PLAN INVESTMENT BOARD Reduced -4,027,593-4.0m
ENVESTNET ASSET MANAGEMENT INC Reduced -3,517,273-3.5m
DekaBank Deutsche Girozentrale Reduced -2,639,231-2.6m
Grantham, Mayo, Van Otterloo & Co. LLC Reduced -2,455,484-2.5m
ACADIAN ASSET MANAGEMENT LLC Reduced -2,314,955-2.3m
Allianz Asset Management GmbH Reduced -2,250,948-2.3m
Vontobel Holding Ltd. Reduced -2,244,330-2.2m

Biggest calls

UBS Group AG Added $265.9m13.1m shares
GOLDMAN SACHS GROUP INC Added $177.9m8.8m shares
GROUP ONE TRADING LLC Added $113.2m5.6m shares
Rokos Capital Management LLP New $105.0m5.2m shares
BANK OF AMERICA CORP /DE/ Added $29.6m1.5m shares
SIMPLEX TRADING, LLC Added $23.8m1.2m shares
JPMORGAN CHASE & CO Reduced $18.2m900.0k shares
ROYAL BANK OF CANADA New $17.4m858.1k shares
LMR Partners LLP New $14.7m727.3k shares
Optiver Holding B.V. Reduced $14.4m712.6k shares

Biggest puts

GOLDMAN SACHS GROUP INC Added $211.9m10.5m shares
JPMORGAN CHASE & CO Added $171.2m8.4m shares
BANK OF AMERICA CORP /DE/ Reduced $117.2m5.8m shares
Eisler Capital (UK) Ltd. Reduced $92.5m4.6m shares
Rokos Capital Management LLP New $44.4m2.2m shares
CITIGROUP INC Added $38.3m1.9m shares
LMR Partners LLP New $28.2m1.4m shares
GROUP ONE TRADING LLC Reduced $28.0m1.4m shares
Optiver Holding B.V. Added $25.4m1.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $15.5m765.2k 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.

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORGES BANK 0.67% of their portfolio OSLO, Q8 169,075,485169.1m $3.4bn $3.4bn 0.67% Added +15.7m +15,662,771
2 Dodge & Cox 2.10% of their portfolio San Francisco, CA 155,338,692155.3m $3.1bn $3.1bn 2.10% Added +226.9k +226,879
3 UBS Group AG 1.00% of their portfolio ZURICH, V8 113,827,839113.8m $2.3bn $2.3bn 1.00% Reduced -188.6m -188,590,954
4 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.75% of their portfolio Boston, MA 112,422,165112.4m $2.3bn $2.3bn 0.75% Added +601.9k +601,858
5 VANGUARD GROUP INC 0.05% of their portfolio Valley Forge, PA 111,079,158111.1m $2.3bn $2.3bn 0.05% Added +7.2m +7,215,957
6 CREDIT SUISSE AG/ 2.08% of their portfolio ZURICH, V8 102,867,647102.9m $2.1bn $2.1bn 2.08% Reduced -1.4m -1,431,078
7 Zurcher Kantonalbank (Zurich Cantonalbank) 3.79% of their portfolio ZURICH, V8 42,497,47042.5m $859.5m $859.5m 3.79% Reduced -1.2m -1,218,161
8 FMR LLC 0.06% of their portfolio BOSTON, MA 37,328,31637.3m $756.1m $756.1m 0.06% Reduced -34.3m -34,319,890
9 GOLDMAN SACHS GROUP INC 0.19% of their portfolio NEW YORK, NY 36,961,93437.0m $749.2m $749.2m 0.19% Reduced -731.1k -731,129
10 PICTET ASSET MANAGEMENT SA 0.67% of their portfolio GENEVA 73, V8 27,778,14527.8m $561.8m $561.8m 0.67% Reduced -1.7m -1,666,273
11 DEUTSCHE BANK AG\ 0.24% of their portfolio FRANKFURT AM MAIN, 2M 22,116,89522.1m $448.3m $448.3m 0.24% Added +5.4m +5,433,526
12 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 20,281,21020.3m $411.1m $411.1m 0.05% Added +9.7m +9,661,130
13 WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio Boston, MA 18,100,05618.1m $366.1m $366.1m 0.07% Reduced -1.1m -1,140,211
14 Capital World Investors 0.07% of their portfolio LOS ANGELES, CA 18,056,80718.1m $367.4m $367.4m 0.07% Added +11.9m +11,900,050
15 Amundi 0.18% of their portfolio Paris, I0 17,209,01717.2m $352.3m $352.3m 0.18% Added +2.5m +2,464,731
16 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 17,065,74917.1m $345.9m $345.9m 0.04% Added +8.6m +8,626,468
17 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.41% of their portfolio FRANKFURT AM MAIN, 2M 13,128,29213.1m $265.6m $265.6m 0.41% Added +995.6k +995,559
18 Vontobel Holding Ltd. 2.07% of their portfolio ZURICH, V8 11,650,85311.7m $235.4m $235.4m 2.07% Reduced -2.2m -2,244,330
19 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 10,779,65910.8m $218.5m $218.5m 0.02% Added +1.1m +1,123,920
20 CITIGROUP INC 0.23% of their portfolio NEW YORK, NY 8,964,2729.0m $181.3m $181.3m 0.23% Added +5.2m +5,218,321
21 CAUSEWAY CAPITAL MANAGEMENT LLC 4.74% of their portfolio LOS ANGELES, CA 8,903,1288.9m $180.1m $180.1m 4.74% Reduced -747.5k -747,512
22 Russell Investments Group, Ltd. 0.31% of their portfolio Seattle, WA 7,898,6257.9m $159.7m $159.7m 0.31% Reduced -1.2m -1,227,680
23 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 7,553,6707.6m $153.1m $153.1m 0.04% Reduced -1.7m -1,743,984
24 Sumitomo Mitsui Trust Group, Inc. 0.12% of their portfolio CHIYODA-KU, TOKYO, M0 7,405,8367.4m $149.8m $149.8m 0.12% Reduced -2.1m -2,106,970
25 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 6,917,5906.9m $140.2m $140.2m 0.03% Added +47.3k +47,315
26 Allianz Asset Management GmbH 0.27% of their portfolio MUNICH, 2M 6,603,7646.6m $133.6m $133.6m 0.27% Reduced -2.3m -2,250,948
27 Banque Cantonale Vaudoise 5.80% of their portfolio LAUSANNE, V8 6,142,8696.1m $124.2m $124.2m 5.80% Added +49.4k +49,354
28 PZENA INVESTMENT MANAGEMENT LLC 0.53% of their portfolio NEW YORK, NY 6,140,9546.1m $124.5m $124.5m 0.53% Added +2.4m +2,352,289
29 M&G INVESTMENT MANAGEMENT LTD 0.73% of their portfolio London, X0 6,132,1846.1m $123.2m $123.2m 0.73% Added +1.1m +1,104,364
30 ROYAL LONDON ASSET MANAGEMENT LTD 0.37% of their portfolio UNITED KINGDOM, X0 5,707,5175.7m $115.7m $115.7m 0.37% Added +918.8k +918,822
31 DekaBank Deutsche Girozentrale 0.23% of their portfolio FRANKFURT, 2M 5,168,0725.2m $103.7m $103.7m 0.23% Reduced -2.6m -2,639,231
32 ARGA Investment Management, LP 3.16% of their portfolio STAMFORD, CT 4,430,4094.4m $89.6m $89.6m 3.16% Added +8.8k +8,760
33 FIL Ltd 0.10% of their portfolio HAMILTON, D0 4,224,8874.2m $85.5m $85.5m 0.10% Added +995.0k +994,999
34 AVIVA PLC 0.33% of their portfolio LONDON, X0 3,993,3194.0m $80.8m $80.8m 0.33% Reduced -198.7k -198,691
35 Korea Investment CORP 0.22% of their portfolio SEOUL, M5 3,915,0823.9m $79.2m $79.2m 0.22% Reduced -493.0k -493,029
36 BlackRock Inc. 0.00% of their portfolio New York, NY 3,829,0493.8m $77.6m $77.6m 0.00% Added +1.1m +1,061,179
37 NATIXIS ADVISORS, LLC 0.24% of their portfolio Boston, MA 3,822,3273.8m $77.5m $77.5m 0.24% Reduced -333.8k -333,773
38 AXA S.A. 0.23% of their portfolio PARIS, I0 3,417,1563.4m $69.3m $69.3m 0.23% Reduced -1.8m -1,770,948
39 THORNBURG INVESTMENT MANAGEMENT INC 0.93% of their portfolio SANTA FE, NM 2,831,0412.8m $57.2m $57.2m 0.93% Reduced -2.0m -2,005,893
40 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 6.64% of their portfolio SOUTH NORWALK, CT 2,814,8002.8m $56.9m $56.9m 6.64% New
41 CANADA LIFE ASSURANCE Co 0.13% of their portfolio WINNIPEG, A2 2,618,1062.6m $53.2m $53.2m 0.13% Reduced -205.0k -205,001
42 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 2,612,1962.6m $52.8m $52.8m 0.03% Reduced -238.9k -238,944
43 MACKENZIE FINANCIAL CORP 0.08% of their portfolio TORONTO ONTARIO, A6 2,596,9562.6m $53.0m $53.0m 0.08% Reduced -750.4k -750,417
44 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,545,5262.5m $51.5m $51.5m 0.02% Added +225.2k +225,182
45 Patient Capital Management, LLC 2.81% of their portfolio BALTIMORE, MD 2,488,2652.5m $50.4m $50.4m 2.81% Added +2.3m +2,265,465
46 Odey Asset Management LLP 17.67% of their portfolio LONDON, UNITED KINGDOM, X0 2,371,8132.4m $48.1m $48.1m 17.67% First filing
47 CAPTRUST FINANCIAL ADVISORS 0.18% of their portfolio RALEIGH, NC 2,237,1752.2m $45.3m $45.3m 0.18% Reduced -10.9k -10,918
48 Compagnie Lombard Odier SCmA 1.17% of their portfolio 1204 GENEVA, V8 2,073,4562.1m $41.9m $41.9m 1.17% Added +127.2k +127,177
49 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 2,037,5812.0m $41.7m $41.7m 0.02% Reduced -515.2k -515,234
50 CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio TORONTO ONTARIO, A6 2,003,5122.0m $40.5m $40.5m 0.06% Reduced -4.0m -4,027,593
51 Grantham, Mayo, Van Otterloo & Co. LLC 0.18% of their portfolio Boston, MA 1,967,4802.0m $39.8m $39.8m 0.18% Reduced -2.5m -2,455,484
52 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,908,1361.9m $38.7m $38.7m 0.01% Reduced -26.2k -26,225
53 BANQUE PICTET & CIE SA 0.32% of their portfolio GENEVA 73, V8 1,813,2961.8m $36.7m $36.7m 0.32% Reduced -131.7k -131,710
54 Border to Coast Pensions Partnership Ltd 0.89% of their portfolio LEEDS, X0 1,762,8821.8m $35.6m $35.6m 0.89% New
55 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,694,4221.7m $34.3m $34.3m 0.01% Reduced -1.4m -1,376,420
56 Public Sector Pension Investment Board 0.23% of their portfolio MONTREAL, A8 1,573,1631.6m $31.8m $31.8m 0.23% Reduced -24.8k -24,797
57 BRANDES INVESTMENT PARTNERS, LP 0.63% of their portfolio LA JOLLA, CA 1,545,3391.5m $31.3m $31.3m 0.63% Reduced -28.8k -28,816
58 BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C. 19.46% of their portfolio STAMFORD, CT 1,538,7891.5m $31.2m $31.2m 19.46% Unchanged
59 TODD ASSET MANAGEMENT LLC 0.72% of their portfolio Louisville, KY 1,528,9551.5m $31.0m $31.0m 0.72% Reduced -677.4k -677,363
60 State of Tennessee, Department of Treasury 0.12% of their portfolio NASHVILLE, TN 1,425,4061.4m $28.8m $28.8m 0.12% New
61 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 1,421,7681.4m $28.6m $28.6m 0.02% Reduced -35.3k -35,312
62 Optiver Holding B.V. 0.81% of their portfolio AMSTERDAM, P7 1,387,8391.4m $28.1m $28.1m 0.81% New
63 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 1,307,4481.3m $26.5m $26.5m 0.04% Added +1.3m +1,256,871
64 Quinn Opportunity Partners LLC 3.23% of their portfolio CHARLOTTESVILLE, VA 1,150,2441.2m $23.3m $23.3m 3.23% Added +571.9k +571,878
65 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 1,115,7551.1m $22.6m $22.6m 0.03% Added +1.1m +1,067,131
66 LEVIN CAPITAL STRATEGIES, L.P. 2.59% of their portfolio NEW YORK, NY 1,103,3171.1m $22.4m $22.4m 2.59% Added +448.8k +448,832
67 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,101,5521.1m $22.3m $22.3m 0.01% Reduced -3.5m -3,517,273
68 STATE OF WISCONSIN INVESTMENT BOARD 0.06% of their portfolio MADISON, WI 995,767995.8k $20.1m $20.1m 0.06% Reduced -60.3k -60,274
69 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 993,412993.4k $20.1m $20.1m 0.03% New
70 JUPITER ASSET MANAGEMENT LTD 0.21% of their portfolio London, X0 938,222938.2k $19.0m $19.0m 0.21% Reduced -879.3k -879,272
71 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 922,656922.7k $18.7m $18.7m 0.02% Reduced -155.8k -155,837
72 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 890,859890.9k $18.1m $18.1m 0.01% Reduced -6.6k -6,617
73 Senator Investment Group LP 0.79% of their portfolio New York, NY 860,000860.0k $17.4m $17.4m 0.79% Added +10.0k +10,000
74 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 854,338854.3k $17.3m $17.3m 0.07% New
75 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.62% of their portfolio BALA CYNWYD, PA 838,532838.5k $17.0m $17.0m 0.62% Reduced -751.9k -751,880
76 Verde Servicos Internacionais S.A. 3.64% of their portfolio SAO PAULO, D5 806,000806.0k $14.6m $14.6m 3.64% Reduced -149.7k -149,705
77 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.15% of their portfolio FRANKFORT, KY 787,250787.2k $16.0m $16.0m 0.15% Reduced -421.5k -421,500
78 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 761,061761.1k $15.4m $15.4m 0.01% Added +73.6k +73,594
79 Duquesne Family Office LLC 0.53% of their portfolio New York, NY 759,500759.5k $15.4m $15.4m 0.53% New
80 Columbus Hill Capital Management, L.P. 5.07% of their portfolio Short Hills, NJ 757,000757.0k $15.3m $15.3m 5.07% New
81 SPX Gestao de Recursos Ltda 0.71% of their portfolio RIO DE JANEIRO, D5 737,431737.4k $14.9m $14.9m 0.71% Added +185.9k +185,948
82 Pictet North America Advisors SA 2.05% of their portfolio GENEVA 73, V8 732,981733.0k $14.8m $14.8m 2.05% Added +686 +686
83 Janney Capital Management LLC 1.03% of their portfolio PITTSBURGH, PA 730,423730.4k $14.8m $14.8m 1.03% Added +6.8k +6,803
84 FORSTA AP-FONDEN 0.00% of their portfolio STOCKHOLM, V7 726,621726.6k $0 $0 0.00% Reduced -256.4k -256,410
85 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 715,726715.7k $14.5m $14.5m 0.02% Reduced -29.6k -29,614
86 ACADIAN ASSET MANAGEMENT LLC 0.06% of their portfolio Boston, MA 696,721696.7k $14.1m $14.1m 0.06% Reduced -2.3m -2,314,955
87 EDMOND DE ROTHSCHILD HOLDING S.A. 0.28% of their portfolio CHAMBESY, V8 695,736695.7k $14.0m $14.0m 0.28% Reduced -57.7k -57,676
88 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 669,241669.2k $13.5m $13.5m 0.01% Added +501.4k +501,444
89 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.15% of their portfolio New York, NY 665,306665.3k $13.5m $13.5m 0.15% Unchanged
90 Perpetual Ltd 0.12% of their portfolio SYDNEY, NEW SOUTH WALES, C3 664,419664.4k $13.4m $13.4m 0.12% Reduced -4.1m -4,059,798
91 MANGROVE PARTNERS IM, LLC 0.95% of their portfolio Greenwich, CT 659,546659.5k $13.4m $13.4m 0.95% New
92 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 644,114644.1k $13.1m $13.1m 0.01% Reduced -68.3k -68,321
93 Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio TOKYO, M0 605,399605.4k $12.2m $12.2m 0.03% Reduced -168.3k -168,267
94 Kite Lake Capital Management (UK) LLP 30.66% of their portfolio LONDON, X0 600,000600.0k $12.1m $12.1m 30.66% Added +100.0k +100,000
95 Zurich Insurance Group Ltd/FI 0.12% of their portfolio ZURICH, V8 588,260588.3k $11.9m $11.9m 0.12% Reduced -349.3k -349,339
96 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 584,654584.7k $11.8m $11.8m 0.01% Reduced -147.5k -147,544
97 LGT Group Foundation 0.27% of their portfolio VADUZ, N2 561,189561.2k $11.3m $11.3m 0.27% Added +171.8k +171,758
98 USS Investment Management Ltd 0.13% of their portfolio London, X0 553,860553.9k $11.2m $11.2m 0.13% Reduced -210.2k -210,238
99 Channing Global Advisors, LLC 10.55% of their portfolio Miami, FL 515,274515.3k $10.4m $10.4m 10.55% Added +32.0k +31,999
100 MOORE CAPITAL MANAGEMENT, LP 0.25% of their portfolio NEW YORK, NY 515,000515.0k $10.4m $10.4m 0.25% Unchanged