CSW INDUSTRIALS INC CSW
COM · Common Stock · CUSIP 126402106
- SectorMaterials
- IndustryAdhesives & Sealants
- HeadquartersDallas, TX
- 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 ($576.7k this quarter). Holder counts are more reliable. Shares outstanding: 15.5m as of 2024-07-29, 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 ≈ $265.41. Options: 2 managers hold calls ($2.7m notional), 2 hold puts ($398.0k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 188 |
| Q4 2022 | 188 |
| Q1 2023 | 195 |
| Q2 2023 | 207 |
| Q3 2023 | 218 |
| Q4 2023 | 242 |
| Q1 2024 | 270 |
| Q2 2024 | 301 |
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 | 74 | 83 |
| Q1 2023 | 98 | 60 |
| Q2 2023 | 108 | 63 |
| Q3 2023 | 101 | 80 |
| Q4 2023 | 109 | 94 |
| Q1 2024 | 121 | 113 |
| Q2 2024 | 161 | 103 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $613.3k | $0 | 0.00 |
| Q4 2023 | $1.7m | $0 | 0.00 |
| Q1 2024 | $2.0m | $0 | 0.00 |
| Q2 2024 | $2.7m | $398.0k | 0.15 |
Biggest buyers
| ALLIANCEBERNSTEIN L.P. | Added | +321.5k |
| VANGUARD GROUP INC | Added | +299.0k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | New | +247.2k |
| NATIXIS ADVISORS, LLC | New | +46.8k |
| JANE STREET GROUP, LLC | Added | +32.8k |
| BlackRock Inc. | Added | +32.4k |
| TWO SIGMA INVESTMENTS, LP | Added | +29.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +27.5k |
| DF DENT & CO INC | Added | +26.4k |
| ENVESTNET ASSET MANAGEMENT INC | Added | +24.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.0m |
| Allspring Global Investments Holdings, LLC | Reduced | -256.5k |
| T. Rowe Price Investment Management, Inc. | Reduced | -230.7k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -136.8k |
| Mirae Asset Global Investments Co., Ltd. | Sold out | -104.6k |
| Capital International Investors | Reduced | -68.9k |
| JANUS HENDERSON GROUP PLC | Reduced | -37.1k |
| Mawer Investment Management Ltd. | Sold out | -31.1k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -30.9k |
| LOOMIS SAYLES & CO L P | Sold out | -29.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.7m10.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $398.0k1.5k 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 2025-10-17 | 13.9% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: WASATCH ADVISORS LP (4.2%, 2026-07-13), Capital World Investors (4.3%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
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 2022 | 0 | — | 1 | $4.1m | — |
| Q4 2022 | 0 | — | 1 | $485.2k | — |
| Q1 2023 | 0 | — | 1 | $399.7k | — |
| Q2 2023 | 0 | — | 2 | $531.7k | $444.9k |
| Q3 2023 | 0 | — | 3 | $2.7m | $530.1k |
| Q4 2023 | 0 | — | 1 | $553.9k | $553.9k |
| Q1 2024 | 0 | — | 2 | $2.3m | $462.4k |
| Q2 2024 | 0 | — | 1 | $755.4k | $755.4k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-17 | Armes Joseph B Chairman, President & CEO, director | Sold plan | $265.6k1.0k shares |
| 2024-05-30 | Armes Joseph B Chairman, President & CEO, director | Sold plan | $257.1k1.0k shares |
| 2024-04-17 | Armes Joseph B Chairman, President & CEO, director | Sold plan | $232.7k1.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 1.5m $401.3m | Added +299.0k |
| BlackRock Inc. 0.01% of their portfolio | 1.1m $304.4m | Added +32.4k |
| NEUBERGER BERMAN GROUP LLC 0.21% of their portfolio | 943.5k $250.3m | Reduced -136.8k |
| WASATCH ADVISORS LP 0.84% of their portfolio | 588.5k $156.1m | Added +2.1k |
| T. Rowe Price Investment Management, Inc. 0.10% of their portfolio | 572.8k $152.0m | Reduced -230.7k |
| Conestoga Capital Advisors, LLC 2.26% of their portfolio | 567.3k $150.5m | Added +14.9k |
| MORGAN STANLEY 0.01% of their portfolio | 463.7k $123.0m | Reduced -1.0m |
| Allspring Global Investments Holdings, LLC 0.20% of their portfolio | 458.6k $121.7m | Reduced -256.5k |
| FIRST MANHATTAN CO. LLC. 0.38% of their portfolio | 441.6k $117.1m | Reduced -29.0k |
| Capital World Investors 0.02% of their portfolio | 376.6k $99.9m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 362.9k $96.3m | Reduced -30.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 362.2k $96.1m | Added +13.9k |
| STATE STREET CORP 0.00% of their portfolio | 356.8k $94.7m | Added +11.4k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 337.8k $89.6m | Added +321.5k |
| Capital International Investors 0.02% of their portfolio | 281.7k $74.7m | Reduced -68.9k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.16% of their portfolio | 247.2k $65.6m | New |
| FMR LLC 0.00% of their portfolio | 219.8k $58.3m | Reduced -13.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 204.0k $54.1m | Added +574 |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 198.5k $52.7m | Reduced -37.1k |
| CONGRESS ASSET MANAGEMENT CO 0.37% of their portfolio | 196.2k $52.1m | Added +6.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 178.2k $47.3m | Reduced -6.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 148.7k $39.5m | Added +3.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 135.0k $35.8m | Reduced -28.0k |
| MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC 2.50% of their portfolio | 126.7k $33.6m | Reduced -173 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.07% of their portfolio | 107.6k $28.5m | First filing |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 105.0k $27.8m | Added +2.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 97.7k $25.9m | Added +1.7k |
| Tributary Capital Management, LLC 2.10% of their portfolio | 95.6k $25.4m | Reduced -300 |
| Zuckerman Investment Group, LLC 2.69% of their portfolio | 87.8k $23.3m | Reduced -65 |
| DF DENT & CO INC 0.27% of their portfolio | 79.0k $21.0m | Added +26.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 78.0k $20.7m | Added +6.1k |
| WCM INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 76.6k $20.3m | Reduced -424 |
| CI INVESTMENTS INC. 0.07% of their portfolio | 69.6k $18.5m | Reduced -14.3k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.12% of their portfolio | 67.8k $18.0m | Reduced -803 |
| Bragg Financial Advisors, Inc 0.75% of their portfolio | 63.1k $16.7m | Reduced -28 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.96% of their portfolio | 61.5k $16.3m | Reduced -2 |
| EAGLE ASSET MANAGEMENT INC 0.08% of their portfolio | 58.8k $15.5m | Added +7.9k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 55.9k $14.8m | Added +3.7k |
| ROYCE & ASSOCIATES LP 0.13% of their portfolio | 54.2k $14.4m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 52.4k $13.9m | Added +24.8k |
| Invesco Ltd. 0.00% of their portfolio | 51.6k $13.7m | Added +5.1k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 46.8k $12.4m | New |
| JACOBSON & SCHMITT ADVISORS, LLC 2.77% of their portfolio | 46.0k $12.2m | Reduced -6.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 45.4k $12.0m | Added +32.8k |
| Montanaro Asset Management Ltd 2.23% of their portfolio | 45.0k $11.9m | Unchanged |
| COMERICA BANK 0.05% of their portfolio | 43.5k $11.5m | Added +1.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 43.2k $11.5m | Added +27.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 38.8k $10.3m | Added +22.7k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 38.7k $10.3m | Added +29.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 33.5k $8.9m | Added +2.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 32.8k $8.7m | Unchanged |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 31.5k $8.4m | Reduced -11.6k |
| Swiss National Bank 0.01% of their portfolio | 30.5k $8.1m | Reduced -100 |
| CW Advisors, LLC 0.13% of their portfolio | 30.4k $8.1m | Added +1.5k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.04% of their portfolio | 29.8k $7.9m | Reduced -1.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 28.0k $7.4m | Reduced -8.0k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 27.8k $7.4m | Reduced -2.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 26.4k $7.0m | Added +14.1k |
| GREAT LAKES ADVISORS, LLC 0.06% of their portfolio | 25.9k $6.9m | Reduced -1.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 25.3k $6.7m | Added +2.3k |
| FIL Ltd 0.01% of their portfolio | 25.1k $6.7m | Added +5.0k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 24.9k $6.6m | Added +3.3k |
| SageView Advisory Group, LLC 0.30% of their portfolio | 24.3k $6.5m | Added +6.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 22.9k $6.1m | Added +992 |
| SEGALL BRYANT & HAMILL, LLC 0.11% of their portfolio | 22.4k $5.9m | New |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 21.2k $5.6m | Added +679 |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 20.3k $5.4m | Reduced -929 |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 19.4k $5.1m | Reduced -3.4k |
| EVERETT HARRIS & CO /CA/ 0.06% of their portfolio | 18.6k $4.9m | Reduced -1.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 18.3k $4.9m | Added +2.0k |
| 1900 WEALTH MANAGEMENT LLC 0.45% of their portfolio | 18.3k $4.8m | Unchanged |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio | 17.3k $4.6m | Added +3.0k |
| Laurus Global Equity Management Inc. 2.54% of their portfolio | 16.9k $6.2m | Reduced -3.9k |
| Legal & General Group Plc 0.00% of their portfolio | 16.9k $4.5m | Added +486 |
| Moody Aldrich Partners LLC 0.87% of their portfolio | 16.8k $4.5m | New |
| Richard Bernstein Advisors LLC 0.09% of their portfolio | 15.6k $4.1m | Added +2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 15.2k $4.0m | Reduced -376 |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 14.5k $3.9m | Added +8.0k |
| HARBOR CAPITAL ADVISORS, INC. 0.29% of their portfolio | 14.4k $3.8m | Added +10.5k |
| FRED ALGER MANAGEMENT, LLC 0.02% of their portfolio | 13.3k $3.5m | Reduced -201 |
| Knights of Columbus Asset Advisors LLC 0.23% of their portfolio | 13.0k $3.5m | Added +138 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 12.7k $3.4m | Reduced -4 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 12.3k $3.3m | Reduced -12.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 11.7k $3.1m | Reduced -238 |
| LPL Financial LLC 0.00% of their portfolio | 11.4k $3.0m | Reduced -76 |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.04% of their portfolio | 11.4k $3.0m | Added +3.8k |
| Moerus Capital Management LLC 1.07% of their portfolio | 11.2k $3.0m | Unchanged |
| Trexquant Investment LP 0.04% of their portfolio | 10.7k $2.8m | Added +9.4k |
| TD Asset Management Inc 0.00% of their portfolio | 10.3k $2.7m | Reduced -2.6k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.26% of their portfolio | 10.0k $2.7m | Reduced -10.0k |
| TOWNSQUARE CAPITAL LLC 0.04% of their portfolio | 9.9k $2.6m | Added +1.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 9.7k $2.6m | Added +5.6k |
| Van Hulzen Asset Management, LLC 0.16% of their portfolio | 9.1k $2.4m | Added +328 |
| MetLife Investment Management, LLC 0.01% of their portfolio | 8.9k $2.4m | Added +986 |
| Corient Private Wealth LP 0.00% of their portfolio | 8.9k $2.3m | Added +3.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 8.8k $2.3m | Added +378 |
| UBS Group AG 0.00% of their portfolio | 8.6k $2.3m | Reduced -11.0k |
| Kensington Investment Counsel, LLC 1.01% of their portfolio | 8.6k $2.3m | Added +385 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 8.5k $2.2m | Reduced -7 |
| B. Metzler seel. Sohn & Co. AG 0.02% of their portfolio | 8.5k $2.2m | Unchanged |