DOSSIER · 13F Holders · Q1 2026Financial Services · Security & Commodity Brokers, Dealers, Exchanges & Services
CBOE

CBOE GLOBAL MKTS INC

1,024 institutions still hold CBOE GLOBAL MKTS INC as of Q1 2026. Tracked across SEC 13F-HR filings, with insider and 13D/G activity surfaced alongside.

CUSIP 12503M108·Security & Commodity Brokers, Dealers, Exchanges & Services·1,024 13F holders·last filed Mar 31, 2026
Market cap
13F value held
$16.4B
visible holders
Holders
1,024
filers reporting
Concentration
18.01%
BlackRock, Inc. #1
top holder share
AI Holders Summary · Q1 2026

CBOE Global Markets Inc. (CBOE, CUSIP 12503M108) entered Q1 2026 with $24.3B of institutional 13F value across 945 holders — a holder base whose composition reflects the stock's structural identity as a listed-options, volatility-products, and equity-exchange franchise. The Q1 signal: BlackRock added $470M while AllianceBernstein reduced $378M, a rotation consistent with analysis-based managers building positions in exchange/clearing infrastructure at scale while relative-value or factor-tilted managers trim — the exact same manager-rotation pattern visible in ICE in the same quarter, confirming that financial-infrastructure (exchange, clearing, listed-derivatives) is the in-favor sleeve for Q1. CBOE's product breadth (options on equities/ETFs/indices, VIX futures and options, FX, cryptocurrency derivatives via recent acquisitions) makes it structurally levered to volatility regimes and listed-derivative adoption trends that are independent of equity directionality. For smart-money trackers, CBOE's Q1 rotation is most informative not in isolation but as a paired read with ICE, CME, and similar peers — the manager cohort treating exchange/clearing as a structural-growth sector.

Structural moat: VIX is the global volatility benchmark. Options market share leadership. Clearing network effects (proprietary clearing technology). Exchange listing network effects.

Q1 2026 context: volatility regimes and derivative volumes have expanded structurally since 2020. CBOE benefits from: (1) increased retail/ institutional options activity, (2) hedging demand, (3) vol-management product complexity (leverged/inverse ETPs requiring rebalance flows that generate CBOE revenue). BlackRock's $470M add is a strategic conviction read.

Top holders

Sorted by position value. Source: SEC EDGAR 13F-HR filings.

#HolderValueShares% port.Quarter
01
BlackRock, Inc.
CIK 0002012383
$3.0B10.5M0.05%Q1 2026
02
VANGUARD CAPITAL MANAGEMENT LLC
CIK 0002100119· Index
$1.9B6.8M0.05%Q1 2026
03
Vanguard Portfolio Management
CIK 0002100121· Index
$1.5B5.2M0.08%Q1 2026
04
STATE STREET CORP
CIK 0000093751
$1.4B5.0M0.05%Q1 2026
05
FMR LLC
CIK 0000315066
$1.3B4.7M0.07%Q1 2026
06
ALLIANCEBERNSTEIN L.P.
CIK 0001109448
$1.3B5.1M0.41%Q1 2026
07
MORGAN STANLEY
CIK 0000895421
$942M3.4M0.06%Q1 2026
08
GEODE CAPITAL MANAGEMENT, LLC
CIK 0001214717· Index
$871M3.1M0.05%Q1 2026
09
Invesco Ltd.
CIK 0000914208
$667M2.4M0.07%Q1 2026
10
T. Rowe Price Investment Management, Inc.
CIK 0001897612
$610M2.2M0.42%Q1 2026
11
NORTHERN TRUST CORP
CIK 0000073124· Index
$374M1.3M0.05%Q1 2026
12
JANUS HENDERSON GROUP PLC
CIK 0001274173
$374M1.3M0.18%Q1 2026
13
FIRST TRUST ADVISORS LP
CIK 0001125816· Index
$342M1.2M0.24%Q1 2026
14
RENAISSANCE TECHNOLOGIES LLC
CIK 0001037389
$309M1.1M0.48%Q1 2026
15
DEUTSCHE BANK AG\
CIK 0000948046
$300M1.1M0.10%Q1 2026
16
GOLDMAN SACHS GROUP INC
CIK 0000886982
$285M1.0M0.03%Q1 2026
17
Amundi
CIK 0001330387
$269M959K0.07%Q1 2026
18
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC
CIK 0000861177
$263M936K0.05%Q1 2026
19
NORDEA INVESTMENT MANAGEMENT AB
CIK 0001218210
$254M904K0.24%Q1 2026
20
BANK OF AMERICA CORP /DE/
CIK 0000070858
$211M751K0.02%Q1 2026
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Insiders at CBOE GLOBAL MKTS INC
Wilkinson AllenFroetscher Janet PParisi James E.Mcpeek Jennifer JMansfield ErinMao CeciliaGoodman Jill RFong Ivan K