Vault-13

ELBIT SYS LTD ESLT

ORD · Common Stock · CUSIP M3760D101

289 institutional holders +49 vs Q1 2025
9,546,7059.5m shares reported held*
$4.3bnreported value*
67 new 108 added 60 reduced 19 sold out net bought ≈ $781.0m (+1.7m 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 ($20.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $447.34. Options: 12 managers hold calls ($44.7m notional), 11 hold puts ($40.3m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 140Q4 22: 147Q1 23: 152Q2 23: 161Q3 23: 159Q4 23: 173Q1 24: 175Q2 24: 170Q3 24: 185Q4 24: 195Q1 25: 240Q2 25: 289289Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022140
Q4 2022147
Q1 2023152
Q2 2023161
Q3 2023159
Q4 2023173
Q1 2024175
Q2 2024170
Q3 2024185
Q4 2024195
Q1 2025240
Q2 2025289

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 80 bought or addedQ3 23: 55 cut or sold outQ4 23: 70 bought or addedQ4 23: 64 cut or sold outQ4 23Q1 24: 86 bought or addedQ1 24: 70 cut or sold outQ2 24: 80 bought or addedQ2 24: 82 cut or sold outQ2 24Q3 24: 96 bought or addedQ3 24: 61 cut or sold outQ4 24: 88 bought or addedQ4 24: 78 cut or sold outQ4 24Q1 25: 140 bought or addedQ1 25: 74 cut or sold outQ2 25: 175 bought or addedQ2 25: 79 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20238055
Q4 20237064
Q1 20248670
Q2 20248082
Q3 20249661
Q4 20248878
Q1 202514074
Q2 202517579

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 24 calls: $2.2mQ3 24 puts: $8.6mQ3 24P/C 3.90Q4 24 calls: $12.9mQ4 24 puts: $5.1mQ4 24P/C 0.40Q1 25 calls: $32.4mQ1 25 puts: $8.4mQ1 25P/C 0.26Q2 25 calls: $44.7mQ2 25 puts: $40.3mQ2 25P/C 0.90
Numbers
QuarterCallsPutsP/C
Q3 2024$2.2m$8.6m3.90
Q4 2024$12.9m$5.1m0.40
Q1 2025$32.4m$8.4m0.26
Q2 2025$44.7m$40.3m0.90

Biggest buyers

MORGAN STANLEY Added +166,990+167.0k
Y.D. More Investments Ltd Added +158,689+158.7k
GOLDMAN SACHS GROUP INC Added +143,822+143.8k
UBS Group AG Added +140,712+140.7k
JPMORGAN CHASE & CO Added +134,300+134.3k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +101,083+101.1k
Ghisallo Capital Management LLC New +100,000+100.0k
MILLENNIUM MANAGEMENT LLC Added +88,550+88.5k
MEITAV INVESTMENT HOUSE LTD Added +82,103+82.1k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Added +74,754+74.8k

Biggest sellers

Clal Insurance Enterprises Holdings Ltd Reduced -119,506-119.5k
DEUTSCHE BANK AG\ Reduced -83,684-83.7k
VOYA INVESTMENT MANAGEMENT LLC Reduced -59,864-59.9k
ALLIANCEBERNSTEIN L.P. Reduced -41,450-41.5k
STATE STREET CORP Reduced -40,864-40.9k
Russell Investments Group, Ltd. Reduced -27,418-27.4k
WOLVERINE TRADING, LLC Reduced -14,481-14.5k
TD Waterhouse Canada Inc. Reduced -13,713-13.7k
ARK Investment Management LLC Reduced -12,221-12.2k
Harel Insurance Investments & Financial Services Ltd. Reduced -10,400-10.4k

Biggest calls

CITADEL ADVISORS LLC Added $16.0m35.6k shares
D. E. Shaw & Co., Inc. Added $8.0m17.7k shares
JANE STREET GROUP, LLC Added $7.7m17.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.5m10.1k shares
WOLVERINE TRADING, LLC Added $3.2m7.4k shares
Squarepoint Ops LLC New $2.5m5.6k shares
SIMPLEX TRADING, LLC Added $854.0k1.9k shares
PEAK6 LLC Reduced $809.1k1.8k shares
Walleye Capital LLC New $629.3k1.4k shares
Walleye Trading LLC New $449.5k1.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $16.9m37.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $13.2m29.3k shares
D. E. Shaw & Co., Inc. Added $3.8m8.4k shares
WOLVERINE TRADING, LLC Added $2.9m6.6k shares
Squarepoint Ops LLC New $1.1m2.5k shares
Walleye Capital LLC Added $899.0k2.0k shares
JANE STREET GROUP, LLC Added $584.4k1.3k shares
Walleye Trading LLC New $494.4k1.1k shares
GROUP ONE TRADING LLC New $269.7k600 shares
SIMPLEX TRADING, LLC Unchanged $224.0k500 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.

HolderStakeChangeShares Last filed
FEDERMANN MICHAEL 13D · may seek influence filed 2025-07-14
Stated purposeThere has been no acquisition of Ordinary Shares of the Issuer by the Reporting Persons. This Amendment No. 8 to the Schedule 13D is being filed to reflect the ownership and control of the Reporting Persons as of the date hereof, following the release of the pledged shares, as further described in Items 5 and 6 below (which are incorporated by reference in this Item 4). The Reporting Persons currently have no plans or proposals which would result in or relate to any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. However, the Reporting Persons reserve the right to change their plans or intentions at any time and to take any and all actions they may deem appropriate with respect to their investment in the Issuer. Full filing
42.4% 19.6m≈ $14.9bn 2025-07-14
Harel Insurance Investments & Financial Services Ltd. 13G · passive investor new · filed 2026-10-20 5.2% new 2.4m≈ $1.8bn 2026-10-20

Insider purchases and sales in Q2 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.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Clal Insurance Enterprises Holdings Ltd 5.43% of their portfolio Tel-aviv, L3 1,237,6421.2m $551.4m $551.4m 5.43% Reduced -119.5k -119,506
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 939,788939.8k $418.6m $418.6m 0.01% Added +49.9k +49,884
3 Altshuler Shaham Ltd 10.31% of their portfolio Tel Aviv, L3 729,598729.6k $324.1m $324.1m 10.31% Reduced -5.2k -5,174
4 1832 Asset Management L.P. 0.55% of their portfolio TORONTO, A6 700,100700.1k $314.7m $314.7m 0.55% Unchanged
5 Y.D. More Investments Ltd 18.70% of their portfolio Ramat Gan, L3 610,977611.0k $271.4m $271.4m 18.70% Added +158.7k +158,689
6 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.15% of their portfolio BOSTON, MA 471,839471.8k $211.0m $211.0m 0.15% Added +101.1k +101,083
7 MEITAV INVESTMENT HOUSE LTD 2.27% of their portfolio BENE-BERAQ, L3 378,223378.2k $168.6m $168.6m 2.27% Added +82.1k +82,103
8 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 337,292337.3k $151.6m $151.6m 0.03% Added +8.3k +8,310
9 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 320,181320.2k $143.9m $143.9m 0.01% Added +167.0k +166,990
10 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 278,928278.9k $125.4m $125.4m 0.02% Added +143.8k +143,822
11 Heard Capital LLC 4.59% of their portfolio Chicago, IL 195,398195.4k $87.8m $87.8m 4.59% Added +2.6k +2,627
12 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 193,561193.6k $87.0m $87.0m 0.01% Added +134.3k +134,300
13 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.15% of their portfolio CAUSEWAY BAY, K3 175,533175.5k $78.1m $78.1m 0.15% Added +74.8k +74,754
14 UBS Group AG 0.02% of their portfolio ZURICH, V8 168,421168.4k $75.7m $75.7m 0.02% Added +140.7k +140,712
15 Legal & General Group Plc 0.01% of their portfolio London, X0 127,823127.8k $56.9m $56.9m 0.01% Added +1.3k +1,262
16 GILDER GAGNON HOWE & CO LLC 0.53% of their portfolio New York, NY 111,859111.9k $50.3m $50.3m 0.53% Added +1.7k +1,738
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 110,612110.6k $49.7m $49.7m 0.00% Added +12.1k +12,130
18 Ghisallo Capital Management LLC 1.20% of their portfolio BOSTON, MA 100,000100.0k $45.0m $45.0m 1.20% New
19 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 90,70590.7k $40.8m $40.8m 0.05% Added +74.4k +74,370
20 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 90,01090.0k $40.5m $40.5m 0.04% Added +88.5k +88,550
21 Swiss National Bank 0.02% of their portfolio ZURICH, V8 85,93085.9k $38.1m $38.1m 0.02% Added +10.6k +10,588
22 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 81,37881.4k $36.6m $36.6m 0.06% Added +53.5k +53,456
23 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 76,09376.1k $34.2m $34.2m 0.03% Added +73.0k +72,967
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 73,98574.0k $33.3m $33.3m 0.00% Added +38.8k +38,828
25 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 68,02568.0k $30.3m $30.3m 0.01% Added +210 +210
26 Migdal Insurance & Financial Holdings Ltd. 0.17% of their portfolio Petach Tikva, L3 64,20064.2k $28.9m $28.9m 0.17% Added +57.1k +57,100
27 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 56,22056.2k $25.3m $25.3m 0.00% Reduced -40.9k -40,864
28 Cubist Systematic Strategies, LLC 0.27% of their portfolio STAMFORD, CT 55,63355.6k $25.0m $25.0m 0.27% Added +50.0k +50,049
29 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 53,95554.0k $24.3m $24.3m 0.02% Added +29.3k +29,257
30 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 53,83053.8k $23.9m $23.9m 0.02% Reduced -59.9k -59,864
31 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 51,46551.5k $22.9m $22.9m 0.03% Reduced -27.4k -27,418
32 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 48,14348.1k $21.4m $21.4m 0.01% Added +8.8k +8,771
33 ARK Investment Management LLC 0.16% of their portfolio ST. PETERSBURG, FL 48,01948.0k $21.6m $21.6m 0.16% Reduced -12.2k -12,221
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 46,71546.7k $21.0m $21.0m 0.00% Added +1.4k +1,386
35 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 45,71645.7k $20.5m $20.5m 0.03% Added +34.1k +34,115
36 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 45,52445.5k $20.5m $20.5m 0.03% Added +38.9k +38,924
37 Burkehill Global Management, LP 1.33% of their portfolio NEW YORK, NY 40,00040.0k $18.0m $18.0m 1.33% New
38 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 39,54539.5k $17.6m $17.6m 0.03% Reduced -6.1k -6,063
39 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 38,07438.1k $17.1m $17.1m 0.00% Added +247 +247
40 SYSTEMATIC FINANCIAL MANAGEMENT LP 0.41% of their portfolio TEANECK, NJ 34,00534.0k $15.3m $15.3m 0.41% Reduced -1.2k -1,218
41 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 33,39933.4k $15.0m $15.0m 0.01% Reduced -83.7k -83,684
42 NOMURA HOLDINGS INC 0.09% of their portfolio TOKYO, M0 26,00026.0k $11.7m $11.7m 0.09% New
43 SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 0.45% of their portfolio Boston, MA 25,70025.7k $11.6m $11.6m 0.45% New
44 Phoenix Financial Ltd. 0.15% of their portfolio Givatayim, L3 25,00025.0k $11.3m $11.3m 0.15% New
45 SEVEN GRAND MANAGERS, LLC 1.35% of their portfolio BRONXVILLE, NY 25,00025.0k $11.2m $11.2m 1.35% New
46 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 23,75723.8k $10.7m $10.7m 0.01% Reduced -3.6k -3,561
47 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 22,96423.0k $10.3m $10.3m 0.02% Added +19.0k +19,042
48 Senvest Management, LLC 0.33% of their portfolio New York, NY 21,70021.7k $9.8m $9.8m 0.33% New
49 Amova Asset Management Americas, Inc. 0.10% of their portfolio New York, NY 21,54021.5k $9.7m $9.7m 0.10% Reduced -3.3k -3,348
50 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 19,86819.9k $8.9m $8.9m 0.01% Added +4.4k +4,381
51 FIL Ltd 0.01% of their portfolio HAMILTON, D0 18,77918.8k $8.4m $8.4m 0.01% Reduced -186 -186
52 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 18,72118.7k $8.4m $8.4m 0.00% Added +2.2k +2,200
53 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 18,70018.7k $8.4m $8.4m 0.02% New
54 Trexquant Investment LP 0.09% of their portfolio STAMFORD, CT 18,67318.7k $8.4m $8.4m 0.09% Added +7.2k +7,165
55 Duquesne Family Office LLC 0.21% of their portfolio New York, NY 18,28718.3k $8.2m $8.2m 0.21% New
56 Tidal Investments LLC 0.05% of their portfolio Milwaukee, WI 17,37717.4k $7.8m $7.8m 0.05% Reduced -1.6k -1,598
57 EAGLE GLOBAL ADVISORS LLC 0.31% of their portfolio Houston, TX 17,10117.1k $7.7m $7.7m 0.31% Unchanged
58 Quantbot Technologies LP 0.19% of their portfolio NEW YORK, NY 16,65516.7k $7.5m $7.5m 0.19% Added +14.6k +14,586
59 Waratah Capital Advisors Ltd. 0.50% of their portfolio TORONTO, A6 16,47516.5k $7.4m $7.4m 0.50% Added +13.9k +13,876
60 PDT Partners, LLC 0.41% of their portfolio New York, NY 16,30016.3k $7.3m $7.3m 0.41% Added +5.7k +5,666
61 Jump Financial, LLC 0.09% of their portfolio Chicago, IL 16,18216.2k $7.3m $7.3m 0.09% Added +6.5k +6,511
62 Korea Investment CORP 0.01% of their portfolio SEOUL, M5 15,07415.1k $6.7m $6.7m 0.01% Reduced -164 -164
63 Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio TOKYO, M0 14,94414.9k $6.7m $6.7m 0.01% Reduced -8.4k -8,379
64 FMR LLC 0.00% of their portfolio BOSTON, MA 14,91914.9k $6.6m $6.6m 0.00% Added +6.3k +6,332
65 Legal Advantage Investments, Inc. 3.12% of their portfolio Los Altos Hills, CA 14,83014.8k $6.7m $6.7m 3.12% Reduced -200 -200
66 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 14,52214.5k $6.5m $6.5m 0.03% Added +48 +48
67 Amundi 0.00% of their portfolio Paris, I0 14,42814.4k $6.3m $6.3m 0.00% Added +1.1k +1,096
68 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 14,20414.2k $6.4m $6.4m 0.03% New
69 NAVELLIER & ASSOCIATES INC 0.76% of their portfolio Reno, NV 13,65513.7k $6.1m $6.1m 0.76% New
70 Henry James International Management Inc. 2.00% of their portfolio NEW YORK, NY 13,51313.5k $6.1m $6.1m 2.00% Reduced -8.6k -8,601
71 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 13,43513.4k $6.0m $6.0m 0.00% Added +3.6k +3,617
72 Quadrature Capital Ltd 0.10% of their portfolio LONDON, X0 12,87612.9k $5.8m $5.8m 0.10% Added +6.6k +6,572
73 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 12,86012.9k $5.8m $5.8m 0.01% Added +11.9k +11,900
74 Yelin Lapidot Holdings Management Ltd. 1.05% of their portfolio Tel Aviv, L3 12,84112.8k $5.8m $5.8m 1.05% Unchanged
75 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 12,82612.8k $5.7m $5.7m 0.00% Added +1.7k +1,657
76 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 12,27812.3k $5.5m $5.5m 0.00% Reduced -41.5k -41,450
77 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 12,19812.2k $5.5m $5.5m 0.02% Reduced -1.2k -1,215
78 HWG Holdings LP 1.59% of their portfolio HOUSTON, TX 12,07512.1k $5.4m $5.4m 1.59% New
79 Aquatic Capital Management LLC 0.11% of their portfolio CHICAGO, IL 11,92311.9k $5.4m $5.4m 0.11% New
80 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 11,92111.9k $5.3m $5.3m 0.00% Added +752 +752
81 FOGEL CAPITAL MANAGEMENT, INC. 2.81% of their portfolio STUART, FL 11,73711.7k $5.3m $5.3m 2.81% Added +93 +93
82 SummitTX Capital, L.P. 0.22% of their portfolio FORT WORTH, TX 11,02711.0k $5.0m $5.0m 0.22% New
83 Harel Insurance Investments & Financial Services Ltd. 0.06% of their portfolio Ramat Gan, L3 10,88310.9k $4.9m $4.9m 0.06% Reduced -10.4k -10,400
84 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 10,39810.4k $4.6m $4.6m 0.00% Added +259 +259
85 Magnetar Financial LLC 0.02% of their portfolio EVANSTON, IL 10,16410.2k $4.6m $4.6m 0.02% New
86 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 9,95210.0k $4.5m $4.5m 0.01% Added +8.8k +8,762
87 Engineers Gate Manager LP 0.05% of their portfolio NEW YORK, NY 9,6679.7k $4.3m $4.3m 0.05% Added +8.8k +8,761
88 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 9,6489.6k $4.3m $4.3m 0.00% Added +2.3k +2,340
89 BFSG, LLC 0.48% of their portfolio IRVINE, CA 9,5139.5k $4.3m $4.3m 0.48% Reduced -2 -2
90 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 9,4519.5k $4.2m $4.2m 0.00% Added +678 +678
91 Advisors Asset Management, Inc. 0.07% of their portfolio Monument, CO 9,2919.3k $4.2m $4.2m 0.07% Reduced -372 -372
92 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 9,0489.0k $4.1m $4.1m 0.01% Reduced -6 -6
93 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 8,9629.0k $4.0m $4.0m 0.01% Reduced -158 -158
94 Chicago Capital, LLC 0.10% of their portfolio Chicago, IL 8,8448.8k $4.0m $4.0m 0.10% New
95 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 8,4828.5k $3.8m $3.8m 0.00% Added +5.1k +5,146
96 Walleye Trading LLC 0.09% of their portfolio NEW YORK, NY 8,0728.1k $3.6m $3.6m 0.09% New
97 Cardinal Capital Management 0.51% of their portfolio RALEIGH, NC 7,7727.8k $3.5m $3.5m 0.51% Reduced -3.9k -3,935
98 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 7,6297.6k $3.4m $3.4m 0.01% Added +6.4k +6,379
99 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 7,5487.5k $3.4m $3.4m 0.00% Added +815 +815
100 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 7,2247.2k $3.2m $3.2m 0.01% Added +1.0k +1,046