Public registers · read at the primary source

Short positions disclosed across Europe

Thirty-one regulators run the same disclosure regime, and they do not run it the same way. This page calls every one of them, publishes those whose licence we read at the primary source and which allows it, and names the walls it met. Where a regulator publishes the date it made a disclosure public, every observation is dated on THAT day — never on the day the position was taken. Where it does not, the page says so on every row rather than guessing.

Regulators called 31 (2026-09-02)·Licences read at the primary source 9·Source published 2026-10-16·Page data regenerated 2026-10-16·Registers re-read twice every business day

6
jurisdictions published

licence read, and it allows republication

173
named holders

in the registers currently open — not a historical total

278
issuers shorted

with at least one disclosure still published

3
walls named

licence read at the primary source, and it forbids

31

jurisdictions probed

each one called, none assumed

87

issuers

with a disclosure still published

2026-10-15

as of

latest publication date, not today

30

days before we call it stale

a convention we expose so you can reject it

Source: Autorité des marchés financiers (AMF), via data.gouv.fr — last updated 2026-10-16. Republished under the French Open Licence 2.0. This page is not official and is not endorsed by the AMF.

FR

France

Published here

AMF — Autorité des marchés financiers

Licence read at the primary source and it allows republication. The data below is ours to show.

probed on 2026-09-02

Who is shorted, and by how many

One row per issuer. The total is the sum of the positions STILL disclosed at that date — a disclosure the AMF has stopped publishing is removed, because the regulator itself says when it stops being public.

“No longer published” is not “closed”: disclosure is required above a threshold, and a position can survive below it. That is why the age of the oldest disclosure still counted is a column, not a footnote.

IssuerShort disclosedHoldersConcentration5-day changeOldest still counted
RENAULTFR000013190611.87 %100.135+0.77 %29 d
UBISOFT ENTERTAINMENTFR000005447011.34 %110.103-0.25 %197 d(5)
VALEOFR001317652611.17 %90.136+0.07 %35 d(1)
VIRIDIENFR001400PVN610.35 %90.129+0.19 %622 d(1)
FDJ UNITEDFR00134513336.66 %50.412+0.10 %15 d
TELEPERFORMANCEFR00000518076.11 %70.166-0.42 %497 d(2)
ABIVAXFR00123332845.35 %50.2240.00 %31 d(1)
ALSTOMFR00102204755.07 %60.1870.00 %121 d(2)
REMY COINTREAUFR00001303954.87 %50.3080.00 %97 d(1)
VUSIONGROUPFR00102828223.91 %60.1790.00 %219 d(3)
FORVIAFR00001211473.81 %40.338-0.06 %2823 d(2)
ATOS GROUPFR001400X2S43.68 %40.259-0.02 %17 d
VALLOURECFR00135067303.47 %50.211+0.51 %1933 d(1)
WORLDLINEFR00119819683.42 %30.3610.00 %218 d(3)
PUBLICIS GROUPE SAFR00001305773.09 %40.274-0.50 %2403 d(3)
NEXITYFR00101125243.04 %30.380+0.50 %9 d
WORLDLINEFR00140182K62.99 %40.269+0.43 %65 d(1)
GECINAFR00100408652.91 %40.257+0.74 %6 d
GAZTRANSPORT ET TECHNIGAZFR00117268352.81 %40.252+0.19 %52 d(1)
SOPRA STERIA GROUPFR00000508092.80 %30.388-0.08 %13 d

Sum of the rows shown: 108.72 %. ⛔ Never compare this to the AMF's aggregated series: those are a different population, with different reporting thresholds. The gap is not an error.

67 more issuers are not shown here.

To be clear: the underlying data is public, under the French Open Licence 2.0. You can download the same file without us — data.gouv.fr. Your address buys convenience here, not access. What it does not buy is the publication-dated aggregation above — that part is ours.

Total in the file: 87 issuers.

Positioning graph

Who is exposed to whom

One node per entity, one edge per disclosed position. The graph shows relations; the daily series stays in the database it points to. Only the most exposed issuers of each jurisdiction are drawn — with ALL of their disclosing holders, never a part of them: a total shown next to a truncated list would correspond to nothing.

Click any holder or issuer to isolate its path: everything else dims, and each disclosed position shows its percentage. Click again to release.

Drawn: 233 nodes · 362 edges · at most 200 edges per jurisdiction, taking whole issuers, 110 further issuers are not drawn

NO 20/41 · SE 20/103 · BE 14/14 · NL 20/26 · IS 8/8

Licence of the drawn subgraph: autorise afm-nl-attribution, cbi-is-attribution, fi-se-open-data, fsma-cc-by-4.0, nlod-2.0

|

146 holders · 82 issuers · 280 disclosed positions

AQR CAPITAL MANAGEMENT, LLCARROWSTREET CAPITAL, LIMITED PARTND. E. Shaw & Co. (London), LLPFIL Investment Management (Hong KoCONNOR, CLARK & LUNN INVESTMENT MATWO SIGMA INVESTMENTS, LPCITADEL ADVISORS LLCVOLEON CAPITAL MANAGEMENT LPJPMORGAN ASSET MANAGEMENT (UK) LIMCAPITAL FUND MANAGEMENTKINTBURY CAPITAL LLPELEVA CAPITALPDT PARTNERS, LLCPERTENTO PARTNERS LLPActusRayPartners LimitedCITADEL SECURITIES (EUROPE) LIMITEALAMUT INVESTMENT MANAGEMENT LLPAcadian Asset Management LLCBLACKROCK FINANCIAL MANAGEMENT INCESTUARY CAPITAL MANAGEMENT, LPGSA CAPITAL PARTNERS LLPLIONTRUST INVESTMENT PARTNERS LLPWORLDQUANT, LLCCaisse de dépôt et placement du QuMARSHALL WACE LLPJPMorgan Asset Management (UK) LtdLingotto Investment Management LLPYIHENG CAPITAL MANAGEMENT, L.P.NIGHTHAWK CAPITAL ASTIDSHIPS ASMILLENNIUM INTERNATIONAL MANAGEMENWORLDQUANT LLCBrooklands Fund Management LimitedSamlyn Capital LLCCitadel Advisors LLCWalleye Capital LLCArrowstreet Capital Limited PartneAcadian Asset Management LLCPDT Partners LLCMarshall Wace LLPBrummer Multi-Strategy ABMarchant MC LtdMILLENNIUM INTERNATIONAL MANAGEMENBalyasny Asset Management, L.P.Millennium Capital (DIFC) LimitedBalyasny Asset Management (UK) LLPMarble Bar Asset Management LLPDavidson Kempner European PartnersAbdi MoazamiELEVA CAPITAL S.A.SSurgoCap Partners LPRTW Investments LPJPMorgan Asset Management (UK) LtdWinton Capital Management LimitedGoldman Sachs Asset InternationalAQR Capital Management LLCConnor Clark & Lunn Investment ManActusRayPartners LimitedBlackRock Financial Management IncBlackRock Advisors LLCSpark Investment Management LLCYiheng Capital Management LPD E Shaw Co LPWellington Management InternationaTudor Capital Europe LLPGSA Capital Partners LLPCapital Fund Management SAGladstone Capital Management LLPSystematica Investments LimitedKintbury Capital LLPPertento Partners LLPArgonaut Capital Partners LLPEdward AdkinsALCUR FONDER ABCitadel Securities (Europe) LimiteSquarepoint Ops LLCOrigo Fonder ABJPMorgan Investment ManagementTwo Sigma Investments, LPHigh Ground Investment Management BlackRock Investment Management (UBoldhaven Management LLPCitadel Advisors Europe LimitedIlex Capital Partners (UK) LLPGLADSTONE CAPITAL MANAGEMENT LLPDAVIDSON KEMPNER EUROPEAN PARTNERSCITADEL ADVISORS LLCWhitebox Advisors LLCAQR CAPITAL MANAGEMENT, LLCCAPITAL FUND MANAGEMENTJPMORGAN ASSET MANAGEMENT (UK) LIMCAPITAL VENTURES INTERNATIONALPERTENTO PARTNERS LLPTWO SIGMA INVESTMENTS, LPMARSHALL WACE LLPBridgewater Associates, LPDavidson Kempner Capital ManagemenMillennium Capital Partners LLPBlackRock Financial Management, InMillennium International ManagemenBlackRock Advisors, LLCCapital Fund Management S.A.LMR Partners LLPPentwater Capital Management LPO'Connor Alternative Investments, Citadel Advisors Europe LimitedSIH Partners LLLPCitadel Advisors LLCMarshall Wace LLPPDT Partners, LLCFarallon Capital Management, L.L.CAQR Capital Management, LLCEleva Capital SASCitadel Securities (Europe) LimiteD. E. Shaw & Co., L.P.Two Sigma Investments, LPWalleye Capital LLCCapstone Volatility Master (CaymanJupiter Asset Management Ltd.Spark Investment Management LLCWhitebox Advisors LLCActus Ray Partners LimitedAlgert Global, LLCJPMorgan Asset Management (UK) LtdArrowstreet Capital, Limited PartnCaisse de dépôt et placement du QuIlex Capital Partners (UK) LLPSculptor Capital Management EuropeFosse Capital Partners LLPLinden Advisors LPGSA Capital Partners LLPQube Research & Technologies Ltd.Numeric Investors LLCWorldQuant, LLCGoldman Sachs Asset Management IntAtalan Capital Partners, LPSlate Path Capital LPTwo Sigma Investments, LPHudson Bay Capital Management LPAcasta Partners UK LLPD.E.SHAW & CO., L.P.D. E. Shaw & Co. L.P.Fagfjárfestasjóðurinn Algildi slhfKvika eignastýring hf.GAMMA Capital Management hfÍslandsbanki hf.BORR DRILLING LIMITED7.52 %LINK MOBILITY GROUP HOLDIN7.35 %VEND MARKETPLACES ASA5.48 %MAGNORA4.67 %ENVIPCO HOLDING N.V.4.07 %TOMRA SYSTEMS3.57 %BAKKAFROST2.99 %NORBIT2.66 %NORDIC SEMICONDUCTOR2.60 %SALMON EVOLUTION ASA2.59 %XPLORA TECHNOLOGIES2.40 %SALMAR2.11 %AUTOSTORE HOLDINGS LTD.2.10 %TGS ASA2.03 %KID2.01 %CADELER A/S2.00 %SCATEC ASA1.70 %HIMALAYA SHIPPING LTD1.68 %NORWEGIAN AIR SHUTTLE1.63 %ZAPTEC ASA1.53 %Samhällsbyggnadsbolaget i 11.98 %Elekta AB (publ)11.09 %JM AB8.00 %Truecaller AB6.80 %BONESUPPORT HOLDING AB6.23 %Xvivo Perfusion Aktiebolag5.48 %RaySearch Laboratories AB 5.40 %Aktiebolaget Electrolux5.06 %Dynavox Group AB4.77 %AAK AB (publ)4.32 %Cibus Real Estate AB (publ4.06 %Hexatronic Group AB4.05 %Mips AB3.96 %Hemnet Group AB (publ)3.90 %Tobii AB3.43 %New Wave Group AB3.33 %Embracer Group AB3.29 %Instalco AB3.20 %Aktiebolaget SKF3.07 %Intrum AB2.99 %SOLVAY1.39 %EVS1.23 %BIOCARTIS1.21 %UMICORE1.20 %BARCO1.02 %CP INVEST0.98 %MELEXIS0.80 %AZELIS0.70 %D'IETEREN GROUP0.69 %SEQUANA MEDICAL0.69 %LOTUS BAKERIES0.59 %ARGENX0.59 %SYENSQO0.58 %MONTEA0.50 %Akzo Nobel N.V.11.88 %Signify N.V.8.24 %Pharming Group N.V.8.09 %Fugro N.V.4.36 %IMCD N.V.4.16 %DSM-Firmenich AG3.76 %Basic-Fit N.V.3.50 %NSI N.V.2.55 %Alfen N.V.2.24 %TomTom N.V.2.16 %ARCADIS N.V.2.13 %PostNL N.V.2.12 %Sligro Food Group N.V.1.90 %Havas N.V.1.70 %The Magnum Ice Cream Compa1.09 %Koninklijke Ahold Delhaize1.02 %Koninklijke Philips N.V.1.00 %Avantium N.V.0.80 %Wereldhave N.V.0.79 %TKH Group N.V.0.78 %ALVOTECH1.50 %Oculis Holding AG1.28 %Vátryggingafélag Íslands h0.41 %Reitir fasteignafélag hf0.31 %N1 hf.0.23 %Kvika banki hf.0.14 %Nova klúbburinn hf.0.13 %Kaldalón0.00 %NOSEBENLIS

● A holder in amber is identified by NAME only — its regulator publishes no LEI. Such a node is confined to its own regime: the same fund seen by two regulators is TWO nodes here. Merging them would assert an identity nobody published, and name matching returns false pairs.

Not carried by this graph: holder_lei · knowable_at · issuer_lei

The mechanism

Why the date is the whole product

A disclosure has two dates: when the position was taken, and when the public could learn it. Dating an observation on the first hands you one to three days of look-ahead — a backtest that looks excellent for a reason you cannot see in the data.

Publication minus position date — 40,423 disclosures, measured 2026-08-31

D+0940 %
D+131,01777 %
D+27602 %
D+37,56119 %
D+43471 %
D+5 and beyond4601 %

Gap between the PUBLICATION date and the POSITION date. 77 % of rows are published one day later. Dating an observation on the position date would hand you one to three days of advance on the market — a backtest that looks excellent for an entirely false reason, and nothing in the data would let you notice.

Timestamp semantics, as shipped

Every observation is dated on `knowable_at` — the day the regulator PUBLISHED the information. The date the position was taken (`position_date`) is delivered separately, for description only, and must NEVER be used to date an observation: measured over 40,423 AMF rows, the gap is one day for 77 % of them and three days for 19 %. Rows whose source publishes no publication date carry `knowable_at = NULL` and are EXCLUDED from every dated aggregate — never folded back onto the date of the fact. There is no `inferred` value.

The mechanism

From a traded instrument to a legal entity

Market data speaks ISIN. Public registries speak national company number. The bridge between them is free to build and nobody sells it — here is how much of it survives each hop, measured rather than assumed.

  1. L0ISIN under a disclosed net short position (AMF)267100.0 %
  2. L1resolved to an issuer LEI (ESMA FIRDS)18870.4 %
  3. L2LEI known to GLEIF18870.4 %
  4. L3GLEIF publishes a national registry number18870.4 %

The ISIN → LEI → national registry number bridge loses nothing from L1 to L3. The loss is ENTIRELY in L0→L1: 79 ISINs of the AMF universe are not equities admitted to trading covered by the FIRDS file we read. Beyond the issuers themselves, GLEIF declares 2,437 direct subsidiaries, of which 2,363 carry a national registry number — the ones a public procurement or registry feed can actually be queried for.

The product

What these four registers are sold as, and what that forbids

Norway, Sweden, Belgium and the Netherlands are also sold as one product, on the single axis all four publish: the date the position was taken. Two sentences are therefore off limits, and the second one costs more than it looks.

Not: “what an operator could know that day”

None of the four publishes the date a disclosure became public. Every row carries knowable = false, and no date is copied from one field into another to make the regimes look alike.

Not: “the state of the register”

None of them publishes an END of disclosure either, so a position disclosed once stays counted until the fund discloses again. The product is a flow, and the flow exceeds what the register shows today.

420

issuers counted

73,595

disclosures read

13.9 yr

age of the oldest disclosure still counted

×5.0

measured gap between the flow and the register's current state

Measured on the Norwegian register on 2026-09-02, 99 instruments: reconstructing from the full history gives 357.4 % across 487 holders, where the register itself shows 71.4 % across 85. The tables above show the register's current state; the product sold on top of it does not, and says so on every row it delivers.

Product
eu-declaration-tape v1
Time axis
position_date
Point-in-time
false
As of
2026-10-15

Provenance

Every source, and what its licence actually says

Each licence below was read at the primary source, not taken from a portal's metadata field. One of them forbids us to publish anything — it is listed here anyway, with the clause. A catalogue that shows only its permitted sources lets you believe it never hit a wall.

GLEIF — Global LEI IndexGlobal Legal Entity Identifier Foundationmay be republished

Creative Commons Zero 1.0

the licence text we read — 2026-08-31source hit directly on 2026-08-31dailyGLOBAL
ESMA FIRDS — MiFID II instrument reference dataEuropean Securities and Markets Authoritymay be republished

ESMA information — reproduction authorised — attribution required

the licence text we read — 2026-08-31source hit directly on 2026-08-31dailyEU
AMF — individual net short positionsAutorité des marchés financiers (via data.gouv.fr)may be republished

Licence Ouverte / Open Licence 2.0 (Etalab) — attribution required

the licence text we read — 2026-08-31source hit directly on 2026-08-31dailyFR
Finanstilsynet — net short positions (Norway)Finanstilsynetmay be republished

Norwegian Licence for Open Government Data (NLOD) 2.0 — attribution required

the licence text we read — 2026-09-23source hit directly on 2026-09-02dailyNO
Finansinspektionen — net short positions (Sweden, named and aggregated)Finansinspektionenmay be republished

Finansinspektionen — Open data (PSI Directive) — attribution required

the licence text we read — 2026-09-23source hit directly on 2026-09-03dailySE
FSMA — net short positions (Belgium)Financial Services and Markets Authority (FSMA)may be republished

FSMA (Belgium) — Creative Commons Attribution 4.0 — attribution required

the licence text we read — 2026-09-02source hit directly on 2026-09-02dailyBE
AFM — net short positions (Netherlands)Autoriteit Financiële Markten (AFM)may be republished

AFM (Netherlands) — reproduction under attribution — attribution required

the licence text we read — 2026-09-23source hit directly on 2026-09-02dailyNL
TED — EU public procurement contract award noticesOffice des publications de l'Union européennemay be republished

TED data reuse (EU) — attribution required

the licence text we read — 2026-08-03source hit directly on 2026-08-31dailyEU
CORDIS — participations in EU R&D programmesCommission européennemay be republished

CORDIS document reuse (EU) — CC BY 4.0 — attribution required

the licence text we read — 2026-08-05source hit directly on 2026-08-31monthlyEU
SEC EDGAR — insider ownership filings (Forms 3, 4, 5)U.S. Securities and Exchange Commissionmay NOT be republished

SEC EDGAR — Fair Access (ACCESS terms read, REUSE rights NOT established) forbids redistribution — link and short quotation only

the licence text we read — 2026-09-03source hit directly on 2026-09-03dailyUS
FCA — net short positions (named archive + aggregated)Financial Conduct Authoritymay NOT be republished

FCA — Legal terms (conditions 3.2 to 3.5) forbids redistribution — link and short quotation only

the licence text we read — 2026-08-31source hit directly on 2026-08-31dailyGB

Quality controls that ran on this extract

  • ·no input row with `knowable_at > as_of` was read (checked by query)
  • ·no `knowable_source = 'inferred'` — the value does not exist in the model
  • ·`short_ratio_total_pct` is a SUM of individual disclosures: it must never be compared with `short_position_aggregates`, which is a different POPULATION
  • ·a disclosure whose `published_to <= as_of` is EXCLUDED: the regulator itself says when it stops being public
  • ·issuers with no disclosure known at `as_of` are ABSENT from the extract — not present with a total of 0, which would read as “position closed”

Three dates, kept apart on purpose: observed 2026-10-15 · source published 2026-10-16 · page generated 2026-10-16. Merging them would let the page claim a freshness it does not have.

The 31 jurisdictions were probed on 2026-09-02.

https://d-nvest.com/en/short-selling-disclosures