CASEYS GEN STORES INC CASY
COM · Common Stock · CUSIP 147528103 · ISIN US1475281036
Chain of convenience stores in the Midwestern United States
- SectorConsumer discretionary
- IndustryRetail-Auto Dealers & Gasoline Stations
- HeadquartersAnkeny, IA
- Founded1968
- Websitecaseys.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 ($45.5m this quarter). Holder counts are more reliable. Shares outstanding: 37.2m as of 2025-09-03, 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 ≈ $565.17. Options: 16 managers hold calls ($127.5m notional), 13 hold puts ($144.6m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 435 |
| Q4 2022 | 493 |
| Q1 2023 | 484 |
| Q2 2023 | 480 |
| Q3 2023 | 525 |
| Q4 2023 | 568 |
| Q1 2024 | 593 |
| Q2 2024 | 667 |
| Q3 2024 | 678 |
| Q4 2024 | 704 |
| Q1 2025 | 740 |
| Q2 2025 | 793 |
| Q3 2025 | 815 |
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 2023 | 244 | 235 |
| Q1 2024 | 295 | 280 |
| Q2 2024 | 337 | 261 |
| Q3 2024 | 318 | 297 |
| Q4 2024 | 303 | 294 |
| Q1 2025 | 375 | 293 |
| Q2 2025 | 377 | 325 |
| Q3 2025 | 380 | 362 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $25.4m | $51.4m | 2.02 |
| Q1 2025 | $37.0m | $47.6m | 1.29 |
| Q2 2025 | $106.6m | $126.8m | 1.19 |
| Q3 2025 | $127.5m | $144.6m | 1.13 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +729.5k |
| Vontobel Holding Ltd. | Added | +502.1k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +206.8k |
| Third Point LLC | Added | +140.0k |
| BARCLAYS PLC | Added | +139.6k |
| Squarepoint Ops LLC | Added | +94.5k |
| HENNESSY ADVISORS INC | Added | +79.5k |
| Balyasny Asset Management L.P. | New | +68.3k |
| FRANKLIN RESOURCES INC | Added | +49.3k |
| LIBERTY ONE INVESTMENT MANAGEMENT, LLC | Added | +48.7k |
Biggest sellers
| CITADEL ADVISORS LLC | Reduced | -368.8k |
| T. Rowe Price Investment Management, Inc. | Reduced | -321.4k |
| MORGAN STANLEY | Reduced | -276.0k |
| ROYAL BANK OF CANADA | Reduced | -119.6k |
| Holocene Advisors, LP | Reduced | -105.5k |
| Alyeska Investment Group, L.P. | Sold out | -99.2k |
| FMR LLC | Reduced | -91.0k |
| CONGRESS ASSET MANAGEMENT CO | Reduced | -76.1k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -65.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -55.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $56.7m100.3k shares |
| Jefferies Financial Group Inc. | Unchanged | $19.8m35.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $14.1m25.1k shares |
| IMC-Chicago, LLC | Added | $11.4m20.2k shares |
| CITADEL ADVISORS LLC | Reduced | $9.7m17.2k shares |
| Cubist Systematic Strategies, LLC | Reduced | $6.8m12.0k shares |
| Twin Tree Management, LP | Unchanged | $2.7m4.7k shares |
| JANE STREET GROUP, LLC | Added | $2.5m4.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $1.0m1.8k shares |
| D. E. Shaw & Co., Inc. | Reduced | $961.0k1.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $57.9m102.5k shares |
| CITADEL ADVISORS LLC | Added | $22.9m40.5k shares |
| Marex Group Ltd | Unchanged | $19.8m35.0k shares |
| JANE STREET GROUP, LLC | Added | $12.8m22.7k shares |
| WOLVERINE TRADING, LLC | Added | $12.2m21.7k shares |
| IMC-Chicago, LLC | Reduced | $8.0m14.1k shares |
| Cubist Systematic Strategies, LLC | Reduced | $6.4m11.4k shares |
| Walleye Trading LLC | Added | $1.4m2.5k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m2.1k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $734.9k1.3k 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 -2.2 pts · filed 2026-07-27 | 7.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution +2.1 pts · filed 2026-07-31 | 7.4% |
Fell to 5% or below in the last year: VANGUARD PORTFOLIO MANAGEMENT LLC (4.9%, 2026-07-31; now reported by VANGUARD CAPITAL MANAGEMENT LLC), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2025
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 |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 1 | $394.8k | — |
| Q1 2024 | 1 | $199.7k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $100.4k | 3 | $8.3m | — |
| Q4 2024 | 1 | $198.4k | 1 | $192.2k | — |
| Q1 2025 | 1 | $100.0k | 1 | $2.0m | — |
| Q2 2025 | 1 | $100.6k | 7 | $25.9m | — |
| Q3 2025 | 0 | — | 2 | $2.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-29 | FRAZELL CHAD MICHAEL Chief HR Officer | Sold | $1.9m3.5k shares |
| 2025-07-02 | Bramlage Stephen P JR Chief Financial Officer | Sold | $385.7k760 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 3.8m $2.1bn | Reduced -27.4k |
| BlackRock, Inc. 0.03% of their portfolio | 3.3m $1.9bn | Reduced -8.6k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 1.5m $862.2m | Added +729.5k |
| MORGAN STANLEY 0.05% of their portfolio | 1.3m $751.3m | Reduced -276.0k |
| STATE STREET CORP 0.02% of their portfolio | 1.2m $700.8m | Reduced -17.4k |
| FMR LLC 0.03% of their portfolio | 1.0m $569.6m | Reduced -91.0k |
| T. Rowe Price Investment Management, Inc. 0.33% of their portfolio | 943.6k $533.5m | Reduced -321.4k |
| Vontobel Holding Ltd. 1.58% of their portfolio | 890.9k $503.6m | Added +502.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.26% of their portfolio | 791.4k $447.4m | Added +206.8k |
| FRANKLIN RESOURCES INC 0.11% of their portfolio | 758.2k $428.6m | Added +49.3k |
| Clearbridge Investments, LLC 0.30% of their portfolio | 714.0k $403.6m | Reduced -10.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 708.2k $400.5m | Added +17.7k |
| RAYMOND JAMES FINANCIAL INC 0.10% of their portfolio | 573.1k $324.0m | Reduced -48.7k |
| JANUS HENDERSON GROUP PLC 0.14% of their portfolio | 555.5k $314.0m | Reduced -48.5k |
| Invesco Ltd. 0.05% of their portfolio | 508.0k $287.2m | Added +24.1k |
| Third Point LLC 3.37% of their portfolio | 500.0k $282.7m | Added +140.0k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 447.3k $252.8m | Added +8.8k |
| Capital World Investors 0.03% of their portfolio | 418.9k $236.8m | Added +7.4k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 418.2k $236.4m | Reduced -53.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio | 408.9k $231.1m | Reduced -40.0k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 316.8k $179.1m | Added +2.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 310.8k $175.7m | Reduced -65.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 300.1k $169.7m | Added +9.3k |
| MACQUARIE GROUP LTD 0.18% of their portfolio | 277.1k $156.7m | Reduced -18.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 253.1k $143.1m | Reduced -8.8k |
| STIFEL FINANCIAL CORP 0.13% of their portfolio | 245.4k $138.8m | Reduced -2.1k |
| UBS Group AG 0.03% of their portfolio | 241.5k $136.5m | Reduced -44.5k |
| BROWN ADVISORY INC 0.15% of their portfolio | 204.1k $115.4m | Reduced -38.5k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 199.0k $112.5m | Added +24.0k |
| Corient Private Wealth LP 0.17% of their portfolio | 196.3k $111.0m | Added +9.9k |
| Thrivent Financial for Lutherans 0.21% of their portfolio | 191.2k $108.1m | Added +1.9k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 189.0k $106.8m | Reduced -24.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.10% of their portfolio | 187.2k $105.8m | Added +12.5k |
| EULAV Asset Management 2.29% of their portfolio | 174.2k $98.5m | Unchanged |
| BRIDGES INVESTMENT MANAGEMENT INC 1.26% of their portfolio | 174.2k $98.5m | Reduced -735 |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 171.3k $96.8m | Reduced -16.6k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 164.7k $93.1m | Reduced -19.2k |
| CONGRESS ASSET MANAGEMENT CO 0.61% of their portfolio | 161.9k $91.5m | Reduced -76.1k |
| BARCLAYS PLC 0.03% of their portfolio | 159.1k $89.9m | Added +139.6k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 158.4k $89.6m | Reduced -368.8k |
| Squarepoint Ops LLC 0.19% of their portfolio | 157.1k $88.8m | Added +94.5k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 154.6k $87.4m | Added +2.2k |
| Baird Financial Group, Inc. 0.14% of their portfolio | 149.9k $84.7m | Reduced -22.2k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 136.9k $77.4m | Added +2.8k |
| Nuveen, LLC 0.02% of their portfolio | 134.0k $75.8m | Reduced -2.6k |
| BENJAMIN EDWARDS INC 0.85% of their portfolio | 133.1k $75.3m | Added +3.1k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.29% of their portfolio | 126.2k $71.3m | Added +423 |
| Skye Global Management LP 1.43% of their portfolio | 126.0k $71.2m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 117.6k $66.5m | Reduced -55.5k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 114.3k $64.6m | Reduced -119.6k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 109.9k $62.1m | Reduced -976 |
| MAIRS & POWER INC 0.58% of their portfolio | 108.2k $61.2m | Reduced -5.7k |
| SAMLYN CAPITAL, LLC 0.85% of their portfolio | 105.4k $59.6m | Reduced -18.0k |
| LPL Financial LLC 0.02% of their portfolio | 105.2k $59.5m | Reduced -6.9k |
| California Public Employees Retirement System 0.03% of their portfolio | 101.6k $57.5m | Reduced -6.3k |
| HENNESSY ADVISORS INC 1.98% of their portfolio | 101.5k $57.4m | Added +79.5k |
| TD Asset Management Inc 0.05% of their portfolio | 100.0k $56.6m | Reduced -24.9k |
| ANCHOR CAPITAL ADVISORS LLC 1.60% of their portfolio | 98.0k $55.4m | Reduced -15.9k |
| DAVENPORT & Co LLC 0.29% of their portfolio | 96.7k $54.5m | Reduced -19.3k |
| LIBERTY ONE INVESTMENT MANAGEMENT, LLC 2.88% of their portfolio | 90.6k $51.2m | Added +48.7k |
| Copeland Capital Management, LLC 1.02% of their portfolio | 86.2k $48.7m | Reduced -23.8k |
| DEARBORN PARTNERS LLC 2.28% of their portfolio | 86.0k $48.6m | Added +239 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 84.0k $47.5m | Reduced -46.2k |
| Legal & General Group Plc 0.01% of their portfolio | 76.3k $43.1m | Reduced -5.5k |
| River Road Asset Management, LLC 0.47% of their portfolio | 74.7k $42.2m | Added +33.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 72.9k $41.2m | Reduced -2.2k |
| Swiss National Bank 0.02% of their portfolio | 72.1k $40.8m | Added +1.2k |
| Aberdeen Group plc 0.06% of their portfolio | 70.4k $39.8m | Reduced -9.3k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 68.3k $38.6m | New |
| ProShare Advisors LLC 0.08% of their portfolio | 67.8k $38.3m | Reduced -6.2k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 61.3k $34.6m | Added +13.3k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 60.4k $34.2m | Added +784 |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 60.2k $34.0m | Reduced -10.1k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.57% of their portfolio | 59.7k $33.7m | Reduced -22.4k |
| Man Group plc 0.06% of their portfolio | 57.8k $32.7m | Added +42.7k |
| Cerity Partners LLC 0.05% of their portfolio | 57.2k $32.3m | Added +1.1k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 56.9k $32.2m | Reduced -50.6k |
| Retirement Systems of Alabama 0.10% of their portfolio | 55.9k $31.6m | Reduced -413 |
| Select Equity Group, L.P. 0.13% of their portfolio | 55.7k $31.5m | Reduced -3.4k |
| Freestone Grove Partners LP 0.23% of their portfolio | 53.5k $30.3m | Added +34.9k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 52.2k $29.5m | Added +5.8k |
| ZACKS INVESTMENT MANAGEMENT 0.23% of their portfolio | 51.3k $29.0m | Added +1.5k |
| Hunter Perkins Capital Management, LLC 6.42% of their portfolio | 51.2k $29.0m | Reduced -1.5k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 51.0k $28.8m | Reduced -5.9k |
| JLB & ASSOCIATES INC 3.68% of their portfolio | 49.5k $28.0m | Added +2.7k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 49.4k $27.9m | Added +27.9k |
| Advisors Capital Management, LLC 0.34% of their portfolio | 48.4k $27.3m | Added +2.0k |
| Carnegie Investment Counsel 0.51% of their portfolio | 47.7k $26.9m | Added +2.0k |
| PRIMECAP MANAGEMENT CO/CA/ 0.02% of their portfolio | 46.0k $26.0m | Reduced -12.9k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.09% of their portfolio | 45.0k $25.4m | Reduced -107 |
| Holocene Advisors, LP 0.06% of their portfolio | 44.6k $25.2m | Reduced -105.5k |
| AXIOM INVESTORS LLC /DE 0.18% of their portfolio | 43.3k $24.5m | Added +14.7k |
| STRS OHIO 0.09% of their portfolio | 42.7k $24.1m | Reduced -10.9k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 40.8k $23.1m | New |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 39.7k $22.5m | Reduced -15.3k |
| SEGALL BRYANT & HAMILL, LLC 0.30% of their portfolio | 39.6k $22.4m | Reduced -9.1k |
| Epoch Investment Partners, Inc. 0.12% of their portfolio | 39.2k $22.1m | Reduced -17.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 38.7k $21.9m | Reduced -522 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio | 38.4k $21.7m | Added +716 |
| HANCOCK WHITNEY CORP 0.38% of their portfolio | 37.4k $21.1m | Added +175 |