UL Solutions

ULS • NYSE

UL Solutions is a specialty business services company in the industrials sector on NYSE, led by Jennifer F. Scanlon, with a market cap of $15.5B. As of Q3 2025, 35% of shares are held by 272 institutional investors, with Capital International Investors as the largest holder at 3.76%.

CEOJennifer F. Scanlon

Market Cap$15.5B

Specialty Business Services

Industrials

Employees15.2K

Websiteul.com

Country

United States of America

Overview

Overview of institutional ownership in ULS as of Q3 2025 with a market cap of $14.2B

All Institutions

Institutions: 272
Value Held: $4.9B
Shares Held: 69.4M
Avg Position: $18.1M
Median Position: $970.2K

Hedge Funds

Hedge Funds: 22
Value Held: $268.7M
Shares Held: 3.8M
Avg Position: $12.2M
Median Position: $4.7M

Ownership Breakdown

Institutional (non-HF)

32.67%

$4.7B

Hedge Funds

1.89%

$268.7M

Retail & Other

65.44%

$9.3B

Based on market cap of $14.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ULS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
C Capital International Investors Institution	-	$534.7M 0.09% of portfolio	3.76% 7.5M shares	Q2 2024 Held for 1y 6m	$617.62B
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Long Only Manager	George Robert Aylward CEO	$461.1M 1.12% of portfolio	3.24% 6.5M shares	Q3 2024 Held for 1y 3m	$41.0B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$391.7M 0.01% of portfolio	2.75% 5.5M shares	Q2 2024 Held for 1y 6m	$6.69T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$377.9M 0.23% of portfolio	2.66% 5.3M shares	Q2 2024 Held for 1y 6m	$161.58B
Capital Research Global Investors RIA/Wealth	Maria Alejandra Herrera CIO	$279.4M 0.05% of portfolio	1.96% 3.9M shares	Q2 2024 Held for 1y 6m	$532.36B
HENDERSON GROUP PLC Institution	Ali Dibadj CEO	$210.4M 0.10% of portfolio	1.48% 3.0M shares	Q2 2024 Held for 1y 6m	$218.74B
B BESSEMER GROUP INC Institution	-	$152.4M 0.24% of portfolio	1.07% 2.2M shares	Q1 2025 Held for 9 months	$64.4B
FMR LLC Institution	-	$142.9M 0.01% of portfolio	1.00% 2.0M shares	Q2 2024 Held for 1y 6m	$1.92T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$123.6M 0.00% of portfolio	0.87% 1.7M shares	Q2 2024 Held for 1y 6m	$5.67T
Allspring Global Investments Holdings, LLC Long Only Manager	Francis Jon Baranko President	$97.8M 0.16% of portfolio	0.69% 1.4M shares	Q3 2025 Held for 3 months	$61.5B

Net Capital Flow

Institutional buying and selling activity for ULS in Q3 2025

Traded: +$347.4M
Buyers: 179
Sellers: 101
Total Bought: +$917.4M
Total Sold: −$570.0M
Avg Position: $15.9M

Biggest Buyers

Institution	Net Bought	Current Position
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$132.4M +1.9M shares	$377.9M 5.3M shares
Allspring Global Investments Holdings, LLC Long Only Manager	+$97.8M +1.4M shares	$97.8M 1.4M shares
WELLS FARGO & COMPANY/MN Institution	+$69.8M +984.8K shares	$85.3M 1.2M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$60.7M +856.6K shares	$62.1M 876.7K shares
C Capital International Investors Institution	+$52.3M +738.7K shares	$534.7M 7.5M shares
Capital Research Global Investors RIA/Wealth	+$47.8M +674.1K shares	$279.4M 3.9M shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$33.7M +476.1K shares	$42.1M 593.5K shares
FIRST TRUST ADVISORS LP ETF Provider	+$29.4M +414.4K shares	$80.6M 1.1M shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	+$24.6M +347.5K shares	$24.6M 347.5K shares
R ROYAL BANK OF CANADA Institution	+$22.6M +319.5K shares	$33.5M 472.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$194.5M −2.7M shares	$142.9M 2.0M shares
JPMORGAN CHASE & CO Institution	−$102.3M −1.4M shares	$97.5M 1.4M shares
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	−$28.3M −400.0K shares	$7.1M 100.0K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$27.1M −382.4K shares	$6.3M 88.7K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$20.3M −286.8K shares	$20.6M 291.2K shares
S SOROS FUND MANAGEMENT LLC Institution	−$19.6M −276.7K shares	$34.0M 479.9K shares
J JANE STREET GROUP, LLC Institution	−$17.9M −245.7K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$13.9M −195.5K shares	$2.5M 34.7K shares
GOLDMAN SACHS GROUP INC Institution	−$11.4M −160.9K shares	$12.1M 171.4K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$11.2M −153.4K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ULS in Q3 2025

New Positions: 66
New Value: $123.6M
Exited Positions: 35
Exited Value: $70.0M

New Positions

Institution	Position Value
ING INVESTMENT MANAGEMENT LLC Insurance Manager	$24.6M 347.5K shares
Rockefeller Capital Management L.P. Long Only Manager	$20.4M 287.3K shares
S Senator Investment Group LP Institution	$19.5M 275.0K shares
UNITED CAPITAL FINANCIAL ADVISERS, LLC RIA/Wealth	$8.4M 118.5K shares
Janney Montgomery Scott LLC RIA/Wealth	$6.0M 84.8K shares
N NewEdge Wealth, LLC Institution	$5.4M 63.1K shares
Vestmark Advisory Solutions, Inc. Fund of Funds	$4.5M 62.8K shares
Interval Partners, LLC Hedge Fund•Long/Short	$4.3M 61.3K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$4.0M 56.6K shares
WASATCH ADVISORS INC Long Only Manager	$3.9M 54.5K shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$17.9M 245.7K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$11.2M 153.4K shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	$7.8M 106.8K shares
W Waratah Capital Advisors Ltd. Hedge Fund•Multi-Strategy	$5.2M 72.0K shares
EAM Global Investors LLC Long Only Manager	$4.9M 66.7K shares
EAM Investors, LLC Long Only Manager	$4.8M 65.2K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$4.1M 55.7K shares
D D. E. Shaw & Co., Inc. Institution	$2.4M 32.9K shares
H HSBC HOLDINGS PLC Institution	$2.2M 30.5K shares
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$1.4M 19.0K shares

Options Activity

Institutions with the largest Call and Put options positions in ULS as of Q3 2025

Call Positions: 7
Call Value: $17.1M
Put Positions: 7
Put Value: $9.4M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$6.7M 939.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.2M 596.0 contracts
W WOLVERINE TRADING, LLC Institution	$2.7M 383.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$2.1M 300.0 contracts
Walleye Trading LLC RIA/Wealth	$581.1K 82.0 contracts
J JANE STREET GROUP, LLC Institution	$552.7K 78.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$290.5K 41.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.0M 570.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$2.1M 300.0 contracts
W WOLVERINE TRADING, LLC Institution	$2.1M 300.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$836.1K 118.0 contracts
Walleye Trading LLC RIA/Wealth	$326.0K 46.0 contracts
YIHENG CAPITAL LLC Hedge Fund•Long/Short	- - contracts
S SCOPUS ASSET MANAGEMENT, L.P. Hedge Fund•Long/Short	- - contracts

Most Committed Institutions

Institutions with ULS as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A AltraVue Capital, LLC RIA/Wealth	Deshay Gould Mccluskey Founder	4.88% $58.9M	0.41% 830.8K shares	Q2 2024 Held for 1y 6m	$1.2B
Electron Capital Partners, LLC Hedge Fund•Long/Short	Ran Nmn Zhou Managing Partner	2.52% $55.7M	0.39% 786.3K shares	Q2 2025 Held for 6 months	$2.2B
H Harvey Partners, LLC Institution	-	2.38% $26.2M	0.18% 370.0K shares	Q2 2024 Held for 1y 6m	$1.1B
Ranger Investment Management, L.P. Long Only Manager	Andrew Ferguson Hill President	2.04% $29.3M	0.21% 413.1K shares	Q4 2024 Held for 1 year	$1.4B
Reynders McVeigh Capital Management, LLC RIA/Wealth	Charlton Nmn Reynders Managing Partner	2.04% $41.0M	0.29% 578.3K shares	Q2 2024 Held for 1y 6m	$2.0B
B Baker Chad R Institution	-	2.02% $11.7M	0.08% 165.5K shares	Q3 2024 Held for 1y 3m	$581.1M
Renaissance Capital LLC ETF Provider	William Kevin Smith CEO	1.95% $3.5M	0.02% 48.9K shares	Q2 2024 Held for 1y 6m	$177.7M
P Port Capital LLC Hedge Fund•Value	Brien Michael Obrien CEO	1.88% $44.3M	0.31% 625.3K shares	Q3 2024 Held for 1y 3m	$2.4B
AH Lisanti Capital Growth, LLC Long Only Manager	Mary Lisanti President	1.44% $5.9M	0.04% 83.3K shares	Q2 2024 Held for 1y 6m	$410.1M
K KINGDON CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	Mark Elliot Kingdon CEO	1.39% $8.9M	0.06% 125.0K shares	Q2 2025 Held for 6 months	$638.2M