ARMSTRONG WORLD INDS INC NEW AWI
COM · Common Stock · CUSIP 04247X102
- SectorMaterials
- IndustryPlastics Products, NEC
- HeadquartersLancaster, PA
- Founded1860
- Websitearmstrongceilings.com
- FilingsSEC EDGAR
* 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 ($7.8m this quarter). Holder counts are more reliable. Shares outstanding: 44.7m as of 2023-07-20, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $73.25. Options: 5 managers hold calls ($990.9k notional), 5 hold puts ($4.7m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 253 |
| Q4 2022 | 263 |
| Q1 2023 | 267 |
| Q2 2023 | 258 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 136 | 125 |
| Q1 2023 | 141 | 129 |
| Q2 2023 | 137 | 131 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $19.2m | $100.3m | 5.22 |
| Q4 2022 | $836.4k | $3.0m | 3.63 |
| Q1 2023 | $491.6k | $3.1m | 6.25 |
| Q2 2023 | $990.9k | $4.7m | 4.79 |
Biggest buyers
| FMR LLC | Added | +1.2m |
| Capital International Investors | Added | +727.2k |
| CITADEL ADVISORS LLC | Added | +651.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +365.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +312.2k |
| River Road Asset Management, LLC | Added | +262.9k |
| Burgundy Asset Management Ltd. | Added | +229.1k |
| Gates Capital Management, Inc. | Added | +215.3k |
| TWO SIGMA INVESTMENTS, LP | Added | +184.1k |
| D. E. Shaw & Co., Inc. | Added | +124.4k |
Biggest sellers
| Cantillon Capital Management LLC | Sold out | -1.9m |
| Southpoint Capital Advisors LP | Sold out | -1.7m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.3m |
| JPMORGAN CHASE & CO | Reduced | -346.8k |
| Allspring Global Investments Holdings, LLC | Sold out | -202.1k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -151.5k |
| JENNISON ASSOCIATES LLC | Reduced | -134.4k |
| AMERIPRISE FINANCIAL INC | Reduced | -116.4k |
| LONDON CO OF VIRGINIA | Reduced | -106.9k |
| Man Group plc | Sold out | -84.0k |
Biggest calls
| Cubist Systematic Strategies, LLC | New | $602.4k8.2k shares |
| CITADEL ADVISORS LLC | Reduced | $323.2k4.4k shares |
| SIMPLEX TRADING, LLC | New | $58.0k800 shares |
| GROUP ONE TRADING LLC | Unchanged | $7.3k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Walleye Trading LLC | Added | $4.1m56.2k shares |
| Cubist Systematic Strategies, LLC | New | $323.2k4.4k shares |
| CITADEL ADVISORS LLC | Reduced | $205.7k2.8k shares |
| SIMPLEX TRADING, LLC | Added | $88.0k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-18 | 11.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.2% |
Fell to 5% or below in the last year: Capital International Investors (1.8%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $3.5m | — |
| Q1 2022 | 0 | — | 1 | $95.0k | — |
| Q2 2022 | 0 | — | 1 | $129.8k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 1 | $894 | 1 | $1.8m | — |
| Q1 2023 | 0 | — | 1 | $547.8k | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Capital International Investors 0.09% of their portfolio | 4.9m $359.7m | Added +727.2k |
| VANGUARD GROUP INC 0.01% of their portfolio | 4.2m $308.1m | Reduced -46.0k |
| LONDON CO OF VIRGINIA 1.07% of their portfolio | 2.6m $189.4m | Reduced -106.9k |
| Gates Capital Management, Inc. 4.91% of their portfolio | 2.1m $157.3m | Added +215.3k |
| BlackRock Inc. 0.00% of their portfolio | 2.1m $155.2m | Added +19.2k |
| River Road Asset Management, LLC 2.06% of their portfolio | 2.0m $149.6m | Added +262.9k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.32% of their portfolio | 1.5m $112.9m | Reduced -74.5k |
| FMR LLC 0.01% of their portfolio | 1.3m $94.9m | Added +1.2m |
| COOKE & BIELER LP 0.83% of their portfolio | 1.2m $89.1m | Reduced -8.0k |
| YACKTMAN ASSET MANAGEMENT LP 0.82% of their portfolio | 1.2m $86.6m | Added +16.3k |
| TIMUCUAN ASSET MANAGEMENT INC/FL 3.37% of their portfolio | 1.2m $85.7m | Reduced -9.3k |
| Burgundy Asset Management Ltd. 0.92% of their portfolio | 1.1m $78.4m | Added +229.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.0m $74.6m | Added +59.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.42% of their portfolio | 1.0m $74.0m | Added +365.8k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 940.1k $69.1m | Added +312.2k |
| Van Berkom & Associates Inc. 2.43% of their portfolio | 913.2k $67.1m | Added +100.1k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 880.5k $64.7m | Added +651.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 766.7k $56.3m | Reduced -25.1k |
| STATE STREET CORP 0.00% of their portfolio | 710.2k $52.2m | Reduced -5.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 679.4k $49.9m | Added +1.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 637.9k $46.9m | Added +10.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 618.1k $45.4m | Reduced -116.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 524.5k $38.5m | Added +5.5k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 4.02% of their portfolio | 518.5k $38.1m | Added +10.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.12% of their portfolio | 491.4k $36.1m | Added +9.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 409.1k $30.1m | Added +76.7k |
| Madison Asset Management, LLC 0.41% of their portfolio | 386.2k $28.4m | Reduced -25.9k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 383.1k $28.1m | Reduced -151.5k |
| Owls Nest Partners IA, LLC 7.88% of their portfolio | 350.2k $25.7m | Reduced -39.7k |
| NORGES BANK 0.00% of their portfolio | 338.2k $24.8m | Added +8.7k |
| Capital Group Private Client Services, Inc. 0.22% of their portfolio | 258.5k $19.0m | Added +32.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 251.4k $18.5m | Reduced -9.7k |
| RICE HALL JAMES & ASSOCIATES, LLC 1.02% of their portfolio | 245.8k $18.1m | Reduced -4.0k |
| CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. 0.80% of their portfolio | 218.9k $16.1m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 216.8k $15.9m | Added +184.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 196.7k $14.5m | Reduced -12.4k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 195.6k $14.4m | Added +15.0k |
| Capital International, Inc./CA/ 0.25% of their portfolio | 188.5k $13.8m | Reduced -500 |
| Ceredex Value Advisors LLC 0.22% of their portfolio | 188.4k $13.8m | Reduced -30.5k |
| MORGAN STANLEY 0.00% of their portfolio | 178.1k $13.1m | Added +50.1k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 176.8k $13.0m | Added +6.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 169.9k $12.5m | Added +73.5k |
| Cubist Systematic Strategies, LLC 0.13% of their portfolio | 160.5k $11.8m | Added +80.2k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 149.0k $11.1m | Added +100.0k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 143.6k $10.5m | Added +96.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 143.2k $10.5m | Reduced -7.0k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 138.6k $10.2m | Reduced -134.4k |
| SCHWARTZ INVESTMENT COUNSEL INC 0.40% of their portfolio | 130.0k $9.5m | Added +47.0k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 129.8k $9.5m | Added +124.4k |
| COMERICA BANK 0.00% of their portfolio | 129.4k $153 | First filing |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 122.3k $9.0m | Added +25.2k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 116.1k $8.5m | Reduced -59.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 115.1k $8.5m | Reduced -16.6k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 113.7k $8.4m | Reduced -711 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 113.3k $8.3m | Reduced -9.1k |
| Man Group plc 0.03% of their portfolio | 110.3k $8.1m | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 107.9k $7.9m | Reduced -18.5k |
| Advantage Alpha Capital Partners LP 1.50% of their portfolio | 102.3k $7.5m | Added +5.2k |
| Swiss National Bank 0.00% of their portfolio | 98.9k $7.3m | Added +300 |
| ALGERT GLOBAL LLC 0.29% of their portfolio | 91.4k $6.7m | Added +73.0k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 84.6k $6.2m | Added +22.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 84.0k $6.2m | Reduced -7.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 83.2k $5.9m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 82.2k $6.0m | Reduced -7.4k |
| TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio | 73.6k $5.4m | New |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 71.5k $5.2m | Reduced -4.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 70.7k $5.2m | Added +17.5k |
| ICON ADVISERS INC/CO 1.25% of their portfolio | 66.9k $4.9m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 64.5k $4.7m | Added +32.5k |
| Invesco Ltd. 0.00% of their portfolio | 59.9k $4.4m | Reduced -950 |
| Engineers Gate Manager LP 0.16% of their portfolio | 58.5k $4.3m | Added +29.1k |
| INTREPID CAPITAL MANAGEMENT INC 1.48% of their portfolio | 57.4k $4.2m | Added +36.1k |
| NFJ INVESTMENT GROUP, LLC 0.11% of their portfolio | 56.5k $4.2m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 55.9k $4.1m | Added +3.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 55.4k $4.1m | Reduced -7 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 55.0k $4.0m | Reduced -2.1k |
| MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC 0.26% of their portfolio | 53.2k $3.9m | Reduced -30.1k |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 53.2k $3.9m | Added +46.7k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 51.8k $3.8m | Reduced -1.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 51.5k $3.8m | Reduced -346.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 47.0k $3.5m | Added +38.7k |
| Orion Porfolio Solutions, LLC 0.03% of their portfolio | 43.6k $3.2m | Reduced -3.0k |
| Orion Portfolio Solutions, LLC 0.03% of their portfolio | 43.6k $3.2m | Reduced -3.0k |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 43.2k $3.2m | Added +24.9k |
| Legal & General Group Plc 0.00% of their portfolio | 42.9k $3.2m | Added +175 |
| CAPITAL INTERNATIONAL SARL 0.14% of their portfolio | 41.8k $3.1m | Added +7.0k |
| FIL Ltd 0.00% of their portfolio | 40.6k $3.0m | Added +12.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 39.9k $2.9m | Reduced -2.6k |
| Trexquant Investment LP 0.08% of their portfolio | 39.2k $2.9m | Added +7.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 38.4k $2.8m | Added +8.0k |
| Holocene Advisors, LP 0.01% of their portfolio | 38.1k $2.8m | Added +5.2k |
| Taylor Hoffman Wealth Management 1.32% of their portfolio | 35.9k $2.6m | Added +3.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 35.2k $2.6m | New |
| Aigen Investment Management, LP 0.38% of their portfolio | 34.7k $2.6m | Added +15.1k |
| ADVISORY RESEARCH INC 0.31% of their portfolio | 33.0k $2.4m | Added +10.8k |
| Numerai GP LLC 0.48% of their portfolio | 31.8k $2.3m | New |
| BECK MACK & OLIVER LLC 0.06% of their portfolio | 30.3k $2.2m | Reduced -2.1k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 28.6k $2.1m | Reduced -25.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 27.7k $2.0m | Reduced -16.9k |
| Salvus Wealth Management, LLC 1.47% of their portfolio | 26.0k $1.9m | Added +370 |