Vault-13

AZEK CO INC AZEK

CL A · Common Stock · CUSIP 05478C105 · ISIN US05478C1053

385 institutional holders +42 vs Q4 2024
150,520,356150.5m shares reported held*
$7.4bnreported value*
91 new 122 added 122 reduced 54 sold out net sold ≈ $85.0m (-1.8m 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 ($23.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.92. Options: 16 managers hold calls ($46.9m notional), 10 hold puts ($13.6m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 243Q4 22: 232Q1 23: 243Q2 23: 273Q3 23: 300Q4 23: 324Q1 24: 370Q2 24: 382Q3 24: 343Q4 24: 343Q1 25: 385385Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022243
Q4 2022232
Q1 2023243
Q2 2023273
Q3 2023300
Q4 2023324
Q1 2024370
Q2 2024382
Q3 2024343
Q4 2024343
Q1 2025385

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 160 bought or addedQ2 23: 97 cut or sold outQ3 23: 156 bought or addedQ3 23: 122 cut or sold outQ3 23Q4 23: 148 bought or addedQ4 23: 161 cut or sold outQ1 24: 196 bought or addedQ1 24: 157 cut or sold outQ1 24Q2 24: 216 bought or addedQ2 24: 176 cut or sold outQ3 24: 159 bought or addedQ3 24: 220 cut or sold outQ3 24Q4 24: 151 bought or addedQ4 24: 178 cut or sold outQ1 25: 213 bought or addedQ1 25: 176 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202316097
Q3 2023156122
Q4 2023148161
Q1 2024196157
Q2 2024216176
Q3 2024159220
Q4 2024151178
Q1 2025213176

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ2 24 calls: $29.4mQ2 24 puts: $18.4mQ2 24P/C 0.63Q3 24 calls: $18.4mQ3 24 puts: $29.7mQ3 24P/C 1.62Q4 24 calls: $29.7mQ4 24 puts: $19.8mQ4 24P/C 0.67Q1 25 calls: $46.9mQ1 25 puts: $13.6mQ1 25P/C 0.29
Numbers
QuarterCallsPutsP/C
Q2 2024$29.4m$18.4m0.63
Q3 2024$18.4m$29.7m1.62
Q4 2024$29.7m$19.8m0.67
Q1 2025$46.9m$13.6m0.29

Biggest buyers

Pentwater Capital Management LP New +1,541,842+1.5m
CITIGROUP INC Added +1,465,233+1.5m
VOYA INVESTMENT MANAGEMENT LLC Added +1,408,766+1.4m
MILLENNIUM MANAGEMENT LLC Added +1,378,367+1.4m
Alyeska Investment Group, L.P. New +1,272,497+1.3m
UBS Group AG Added +1,248,532+1.2m
FARALLON CAPITAL MANAGEMENT, L.L.C. New +1,140,000+1.1m
MORGAN STANLEY Added +1,098,109+1.1m
NORGES BANK Added +1,043,741+1.0m
Assenagon Asset Management S.A. Added +1,035,610+1.0m

Biggest sellers

BlackRock, Inc. Reduced -7,573,783-7.6m
WASATCH ADVISORS LP Reduced -2,070,769-2.1m
Capital Research Global Investors Reduced -1,481,687-1.5m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,396,678-1.4m
VANGUARD GROUP INC Reduced -1,202,811-1.2m
AMERIPRISE FINANCIAL INC Reduced -1,141,840-1.1m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -1,036,073-1.0m
FMR LLC Reduced -1,031,687-1.0m
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Reduced -889,224-889.2k
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -766,763-766.8k

Biggest calls

Eisler Capital Management Ltd. New $11.6m236.8k shares
Balyasny Asset Management L.P. New $7.8m160.0k shares
SCOPUS ASSET MANAGEMENT, L.P. New $7.3m150.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.5m70.6k shares
GROUP ONE TRADING LLC Added $3.2m65.4k shares
JANE STREET GROUP, LLC Reduced $3.0m61.1k shares
GOLDMAN SACHS GROUP INC Unchanged $2.4m50.0k shares
Belvedere Trading LLC New $1.9m38.1k shares
CITADEL ADVISORS LLC Reduced $1.8m37.4k shares
PEAK6 LLC Reduced $1.2m24.9k shares

Biggest puts

SCOPUS ASSET MANAGEMENT, L.P. Added $9.8m200.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $1.9m38.7k shares
CITADEL ADVISORS LLC Reduced $933.8k19.1k shares
Slotnik Capital, LLC New $488.9k10.0k shares
JANE STREET GROUP, LLC New $327.6k6.7k shares
GROUP ONE TRADING LLC Added $117.3k2.4k shares
Walleye Trading LLC Reduced $29.3k600 shares
SIMPLEX TRADING, LLC Reduced $29.0k600 shares
Quaker Wealth Management, LLC First filing $2946 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.

HolderStakeChangeShares Last filed
WELLINGTON MANAGEMENT GROUP LLP 13G · institution filed 2025-02-10 9.3% 13.3m 2025-02-10
FMR LLC 13G · institution -3.0 pts · filed 2025-08-06 6.1% -3.0 pts 8.8m 2025-08-06

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 13,228,02213.2m $646.7m $646.7m 0.01% Reduced -1.2m -1,202,811
2 WELLINGTON MANAGEMENT GROUP LLP 0.11% of their portfolio Boston, MA 11,916,35411.9m $582.6m $582.6m 0.11% Reduced -1.4m -1,396,678
3 FMR LLC 0.04% of their portfolio BOSTON, MA 11,279,89011.3m $551.5m $551.5m 0.04% Reduced -1.0m -1,031,687
4 BlackRock, Inc. 0.01% of their portfolio New York, NY 7,297,0207.3m $356.8m $356.8m 0.01% Reduced -7.6m -7,573,783
5 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.09% of their portfolio Boston, MA 5,587,6785.6m $273.2m $273.2m 0.09% Reduced -343.8k -343,820
6 Davidson Kempner Capital Management LP 3.74% of their portfolio New York, NY 5,432,8435.4m $265.6m $265.6m 3.74% Not comparable
7 Capital World Investors 0.03% of their portfolio LOS ANGELES, CA 4,335,7034.3m $212.0m $212.0m 0.03% Unchanged
8 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,458,2763.5m $169.1m $169.1m 0.01% Added +1.1m +1,098,109
9 NORGES BANK 0.02% of their portfolio OSLO, Q8 3,044,7313.0m $148.9m $148.9m 0.02% Added +1.0m +1,043,741
10 Capital Research Global Investors 0.03% of their portfolio Los Angeles, CA 2,759,3712.8m $134.9m $134.9m 0.03% Reduced -1.5m -1,481,687
11 ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio NASHVILLE, TN 2,590,0192.6m $126.6m $126.6m 0.05% Reduced -704.6k -704,600
12 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.35% of their portfolio CHICAGO, IL 2,518,1052.5m $123.1m $123.1m 0.35% Reduced -889.2k -889,224
13 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,431,0052.4m $118.9m $118.9m 0.01% Added +100.1k +100,129
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,426,0902.4m $118.6m $118.6m 0.00% Reduced -91.4k -91,362
15 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 2,420,4332.4m $118.3m $118.3m 0.03% Added +1.3k +1,261
16 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio NEW YORK, NY 2,196,1592.2m $107.4m $107.4m 0.03% Reduced -42.4k -42,417
17 Balyasny Asset Management L.P. 0.26% of their portfolio Chicago, IL 2,160,1852.2m $105.6m $105.6m 0.26% Added +478.6k +478,556
18 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,030,9582.0m $99.3m $99.3m 0.01% Added +291.2k +291,174
19 MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 2,021,7782.0m $98.8m $98.8m 0.10% Added +1.4m +1,378,367
20 HBK INVESTMENTS L P 1.50% of their portfolio DALLAS, TX 1,763,9861.8m $86.2m $86.2m 1.50% Not comparable
21 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 1,721,7981.7m $84.2m $84.2m 0.02% Reduced -96.5k -96,548
22 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,703,0971.7m $83.3m $83.3m 0.02% Added +1.2m +1,248,532
23 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 1,681,1401.7m $82.2m $82.2m 0.01% Reduced -12.0k -11,997
24 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 1,542,6141.5m $75.4m $75.4m 0.06% Added +1.5m +1,465,233
25 Pentwater Capital Management LP 1.05% of their portfolio Naples, FL 1,541,8421.5m $75.4m $75.4m 1.05% New
26 VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ATLANTA, GA 1,458,7221.5m $71.3m $71.3m 0.04% Added +1.4m +1,408,766
27 Impax Asset Management Group plc 0.40% of their portfolio LONDON, X0 1,376,5101.4m $66.4m $66.4m 0.40% Reduced -160.7k -160,666
28 FULLER & THALER ASSET MANAGEMENT, INC. 0.24% of their portfolio SAN MATEO, CA 1,286,0281.3m $62.9m $62.9m 0.24% Added +271.2k +271,247
29 Alyeska Investment Group, L.P. 0.25% of their portfolio CHICAGO, IL 1,272,4971.3m $62.2m $62.2m 0.25% New
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,156,9111.2m $56.6m $56.6m 0.01% Reduced -12.6k -12,640
31 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.30% of their portfolio SAN FRANCISCO, CA 1,140,0001.1m $55.7m $55.7m 0.30% New
32 Assenagon Asset Management S.A. 0.10% of their portfolio SENNINGERBERG, N4 1,116,4581.1m $54.6m $54.6m 0.10% Added +1.0m +1,035,610
33 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.10% of their portfolio Boston, MA 1,082,9141.1m $52.9m $52.9m 0.10% Added +638.9k +638,914
34 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,002,2921.0m $49.0m $49.0m 0.01% Added +34.5k +34,522
35 GLAZER CAPITAL, LLC 2.25% of their portfolio New York, NY 993,659993.7k $48.6m $48.6m 2.25% New
36 Stephens Investment Management Group LLC 0.65% of their portfolio LITTLE ROCK, AR 922,847922.8k $45.1m $45.1m 0.65% Reduced -8.8k -8,790
37 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio BOSTON, MA 921,021921.0k $45.0m $45.0m 0.04% Reduced -1.0m -1,036,073
38 Westchester Capital Management, LLC 2.37% of their portfolio VALHALLA, NY 837,227837.2k $40.9m $40.9m 2.37% New
39 TimesSquare Capital Management, LLC 0.63% of their portfolio NEW YORK, NY 801,229801.2k $39.2m $39.2m 0.63% Reduced -16.7k -16,734
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 793,787793.8k $38.8m $38.8m 0.00% Reduced -460.0k -460,019
41 Aristotle Capital Boston, LLC 1.90% of their portfolio BOSTON, MA 777,658777.7k $38.0m $38.0m 1.90% Reduced -178.5k -178,463
42 Rockefeller Capital Management L.P. 0.09% of their portfolio NEW YORK, NY 757,762757.8k $37.0m $37.0m 0.09% Reduced -102.1k -102,148
43 WHITEBOX ADVISORS LLC 1.17% of their portfolio MINNEAPOLIS, MN 725,339725.3k $35.5m $35.5m 1.17% New
44 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 718,844718.8k $35.1m $35.1m 0.05% Added +705.6k +705,627
45 SEGALL BRYANT & HAMILL, LLC 0.53% of their portfolio CHICAGO, IL 713,802713.8k $34.9m $34.9m 0.53% Reduced -34.6k -34,609
46 Magnetar Financial LLC 0.46% of their portfolio EVANSTON, IL 711,428711.4k $34.8m $34.8m 0.46% New
47 LOOMIS SAYLES & CO L P 0.05% of their portfolio BOSTON, MA 684,534684.5k $33.5m $33.5m 0.05% Reduced -597.0k -597,004
48 ALPINE ASSOCIATES MANAGEMENT INC. 1.75% of their portfolio PALM BEACH, FL 683,600683.6k $33.4m $33.4m 1.75% New
49 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 654,797654.8k $32.0m $32.0m 0.01% Added +132.0k +132,046
50 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 649,962650.0k $31.8m $31.8m 0.01% Added +356.7k +356,678
51 SCOPUS ASSET MANAGEMENT, L.P. 1.13% of their portfolio NEW YORK, NY 640,500640.5k $31.3m $31.3m 1.13% Reduced -14.5k -14,500
52 SONA ASSET MANAGEMENT (US) LLC 1.11% of their portfolio NEW YORK, NY 598,200598.2k $29.2m $29.2m 1.11% New
53 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 586,403586.4k $28.7m $28.7m 0.01% First filing
54 Sea Cliff Partners Management, LP 10.26% of their portfolio SAN FRANCISCO, CA 584,376584.4k $28.6m $28.6m 10.26% Added +104.4k +104,376
55 Hook Mill Capital Partners, LP 3.57% of their portfolio NEW YORK, NY 567,552567.6k $27.7m $27.7m 3.57% Added +390.9k +390,915
56 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio Paris, I0 529,644529.6k $25.9m $25.9m 0.07% Reduced -310.7k -310,667
57 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 528,965529.0k $25.9m $25.9m 0.02% Reduced -247.3k -247,268
58 Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio Boston, MA 528,713528.7k $25.8m $25.8m 0.08% Added +48.0k +48,006
59 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 524,796524.8k $25.7m $25.7m 0.04% Reduced -61.1k -61,133
60 Gradient Investments LLC 0.49% of their portfolio ARDEN HILLS, MN 500,944500.9k $24.5m $24.5m 0.49% Added +90.7k +90,711
61 WCM INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio LAGUNA BEACH, CA 492,391492.4k $24.4m $24.4m 0.06% Reduced -29.9k -29,921
62 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 485,157485.2k $23.7m $23.7m 0.00% Added +57.5k +57,545
63 Ranger Investment Management, L.P. 1.65% of their portfolio DALLAS, TX 472,947472.9k $23.1m $23.1m 1.65% Added +177.3k +177,262
64 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 458,712458.7k $22.4m $22.4m 0.02% Added +442.8k +442,757
65 ASR Vermogensbeheer N.V. 0.33% of their portfolio UTRECHT, P7 454,844454.8k $22.2m $22.2m 0.33% First filing
66 Point72 Asset Management, L.P. 0.06% of their portfolio STAMFORD, CT 442,417442.4k $21.6m $21.6m 0.06% Added +91.3k +91,343
67 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 440,266440.3k $21.5m $21.5m 0.04% Added +213.8k +213,821
68 Tidal Investments LLC 0.18% of their portfolio Milwaukee, WI 429,892429.9k $21.0m $21.0m 0.18% Reduced -31.2k -31,184
69 CONGRESS ASSET MANAGEMENT CO 0.16% of their portfolio BOSTON, MA 427,199427.2k $20.9m $20.9m 0.16% Added +45.9k +45,916
70 BESSEMER GROUP INC 0.04% of their portfolio WOODBRIDGE, NJ 424,382424.4k $20.7m $20.7m 0.04% Added +145.8k +145,849
71 Governors Lane LP 4.31% of their portfolio NEW YORK, NY 407,900407.9k $19.9m $19.9m 4.31% New
72 KRYGER CAPITAL Ltd 2.33% of their portfolio LONDON, X0 406,287406.3k $19.9m $19.9m 2.33% New
73 AXA S.A. 0.06% of their portfolio PARIS, I0 395,261395.3k $19.3m $19.3m 0.06% Reduced -51.3k -51,283
74 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 371,294371.3k $18.2m $18.2m 0.03% Added +28.4k +28,372
75 Granite Investment Partners, LLC 0.90% of their portfolio EL SEGUNDO, CA 362,735362.7k $17.7m $17.7m 0.90% Added +8.2k +8,163
76 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 362,641362.6k $17.7m $17.7m 0.01% Reduced -46.8k -46,799
77 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 359,728359.7k $17.6m $17.6m 0.01% Reduced -459.5k -459,530
78 Artemis Investment Management LLP 0.26% of their portfolio EDINBURGH, X0 349,368349.4k $17.1m $17.1m 0.26% Reduced -311.7k -311,689
79 LMR Partners LLP 0.34% of their portfolio LONDON, X0 347,046347.0k $17.0m $17.0m 0.34% New
80 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 344,361344.4k $16.8m $16.8m 0.01% First filing
81 FEDERATED HERMES, INC. 0.04% of their portfolio PITTSBURGH, PA 340,007340.0k $16.6m $16.6m 0.04% Added +333.0k +333,023
82 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.16% of their portfolio HOUSTON, TX 331,645331.6k $16.2m $16.2m 0.16% Reduced -372.5k -372,540
83 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 320,215320.2k $15.7m $15.7m 0.02% Reduced -12.3k -12,277
84 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 310,393310.4k $15.2m $15.2m 0.02% Reduced -189.4k -189,443
85 Quantinno Capital Management LP 0.10% of their portfolio NEW YORK, NY 309,636309.6k $15.1m $15.1m 0.10% Added +265.5k +265,451
86 Decagon Asset Management LLP 13.55% of their portfolio LONDON, X0 305,835305.8k $15.0m $15.0m 13.55% New
87 FRONTIER CAPITAL MANAGEMENT CO LLC 0.16% of their portfolio Boston, MA 301,082301.1k $14.7m $14.7m 0.16% Added +46.2k +46,235
88 ExodusPoint Capital Management, LP 0.19% of their portfolio NEW YORK, NY 297,642297.6k $14.6m $14.6m 0.19% Added +285.8k +285,780
89 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 289,669289.7k $14.2m $14.2m 0.01% Reduced -122.9k -122,857
90 AXIOM INVESTORS LLC /DE 0.07% of their portfolio GREENWICH, CT 284,240284.2k $13.9m $13.9m 0.07% Added +149.0k +149,025
91 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 279,004279.0k $13.6m $13.6m 0.01% Added +268 +268
92 Swiss National Bank 0.01% of their portfolio ZURICH, V8 278,150278.1k $13.6m $13.6m 0.01% Reduced -5.9k -5,900
93 Verition Fund Management LLC 0.08% of their portfolio GREENWICH, CT 277,375277.4k $13.6m $13.6m 0.08% Reduced -14.6k -14,553
94 Man Group plc 0.04% of their portfolio LONDON, X0 275,342275.3k $13.5m $13.5m 0.04% Added +188.0k +188,028
95 CAPSTONE INVESTMENT ADVISORS, LLC 0.12% of their portfolio NEW YORK, NY 264,000264.0k $12.9m $12.9m 0.12% New
96 Walleye Capital LLC 0.14% of their portfolio NEW YORK, NY 258,746258.7k $12.7m $12.7m 0.14% Added +62.2k +62,170
97 MAIRS & POWER INC 0.13% of their portfolio St Paul, MN 252,086252.1k $12.3m $12.3m 0.13% Reduced -32.5k -32,489
98 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 224,164224.2k $11.0m $11.0m 0.01% Reduced -10.1k -10,077
99 Waratah Capital Advisors Ltd. 0.73% of their portfolio TORONTO, A6 220,467220.5k $10.8m $10.8m 0.73% Reduced -411.3k -411,278
100 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 208,943208.9k $10.2m $10.2m 0.01% Added +21.3k +21,331