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 ($52.4m this quarter). Holder counts are more reliable. Shares outstanding: 37.1m as of 2025-12-07, 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 ≈ $549.29. Options: 7 managers hold calls ($38.3m notional), 10 hold puts ($79.9m).
Trends to Q4 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 |
| Q4 2025 | 866 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 399 | 360 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $37.0m | $47.6m | 1.29 |
| Q2 2025 | $106.6m | $126.8m | 1.19 |
| Q3 2025 | $127.5m | $144.6m | 1.13 |
| Q4 2025 | $38.3m | $79.9m | 2.09 |
Biggest buyers
| Corient Private Wealth LP | Added | +440.3k |
| FRANKLIN RESOURCES INC | Added | +310.5k |
| GOLDMAN SACHS GROUP INC | Added | +300.2k |
| CITADEL ADVISORS LLC | Added | +262.9k |
| T. Rowe Price Investment Management, Inc. | Added | +262.3k |
| Holocene Advisors, LP | Added | +211.1k |
| BlackRock, Inc. | Added | +188.2k |
| Quantinno Capital Management LP | Added | +106.8k |
| MARSHALL WACE, LLP | Added | +70.5k |
| Invesco Ltd. | Added | +64.2k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -776.7k |
| MACQUARIE GROUP LTD | Sold out | -277.1k |
| Vontobel Holding Ltd. | Reduced | -193.8k |
| Squarepoint Ops LLC | Reduced | -143.2k |
| BARCLAYS PLC | Reduced | -123.8k |
| JANUS HENDERSON GROUP PLC | Reduced | -106.6k |
| SAMLYN CAPITAL, LLC | Sold out | -105.4k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -102.5k |
| MORGAN STANLEY | Reduced | -101.9k |
| Clearbridge Investments, LLC | Reduced | -84.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.5m33.4k shares |
| CITADEL ADVISORS LLC | Added | $10.3m18.6k shares |
| JANE STREET GROUP, LLC | Added | $5.0m9.1k shares |
| Squarepoint Ops LLC | New | $2.9m5.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m2.1k shares |
| Walleye Trading LLC | Added | $331.6k600 shares |
| Walleye Capital LLC | Unchanged | $110.5k200 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $35.6m64.4k shares |
| CITADEL ADVISORS LLC | Reduced | $20.8m37.6k shares |
| GROUP ONE TRADING LLC | New | $8.3m15.0k shares |
| IMC-Chicago, LLC | Reduced | $6.1m11.0k shares |
| JANE STREET GROUP, LLC | Reduced | $3.2m5.7k shares |
| Twin Tree Management, LP | New | $2.4m4.4k shares |
| Walleye Capital LLC | Added | $1.5m2.7k shares |
| Walleye Trading LLC | Reduced | $1.1m1.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $718.5k1.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $276.4k500 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 3.7m $2.1bn | Reduced -29.5k |
| BlackRock, Inc. 0.03% of their portfolio | 3.5m $1.9bn | Added +188.2k |
| STATE STREET CORP 0.02% of their portfolio | 1.2m $684.8m | Reduced -773 |
| MORGAN STANLEY 0.04% of their portfolio | 1.2m $678.2m | Reduced -101.9k |
| T. Rowe Price Investment Management, Inc. 0.26% of their portfolio | 1.2m $666.5m | Added +262.3k |
| FRANKLIN RESOURCES INC 0.14% of their portfolio | 1.1m $590.7m | Added +310.5k |
| FMR LLC 0.03% of their portfolio | 952.6k $526.5m | Reduced -54.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 760.4k $420.4m | Added +52.2k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 748.4k $413.7m | Reduced -776.7k |
| Vontobel Holding Ltd. 1.27% of their portfolio | 697.0k $385.3m | Reduced -193.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.21% of their portfolio | 688.9k $380.8m | Reduced -102.5k |
| Corient Private Wealth LP 0.15% of their portfolio | 636.6k $229.7m | Added +440.3k |
| Clearbridge Investments, LLC 0.28% of their portfolio | 629.1k $347.7m | Reduced -84.9k |
| Invesco Ltd. 0.03% of their portfolio | 572.2k $316.2m | Added +64.2k |
| RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio | 517.4k $288.0m | Reduced -55.7k |
| NORGES BANK 0.03% of their portfolio | 479.8k $265.2m | Not comparable |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 471.5k $260.6m | Added +300.2k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 471.3k $260.5m | Added +53.1k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 461.2k $254.9m | Added +13.9k |
| Third Point LLC 3.46% of their portfolio | 455.0k $251.5m | Reduced -45.0k |
| JANUS HENDERSON GROUP PLC 0.11% of their portfolio | 448.9k $248.1m | Reduced -106.6k |
| Capital World Investors 0.03% of their portfolio | 425.4k $235.1m | Added +6.6k |
| CITADEL ADVISORS LLC 0.16% of their portfolio | 421.3k $232.9m | Added +262.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio | 386.5k $213.6m | Reduced -22.4k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 307.7k $170.1m | Reduced -9.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 305.5k $168.9m | Added +5.4k |
| Holocene Advisors, LP 0.30% of their portfolio | 255.7k $141.3m | Added +211.1k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.21% of their portfolio | 254.1k $140.4m | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 249.8k $138.1m | Reduced -61.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 247.1k $136.6m | Reduced -6.0k |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 243.3k $134.5m | Reduced -2.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.12% of their portfolio | 239.2k $132.2m | Added +52.0k |
| UBS Group AG 0.02% of their portfolio | 203.7k $112.6m | Reduced -37.8k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 192.6k $106.4m | Added +3.6k |
| Thrivent Financial for Lutherans 0.17% of their portfolio | 177.6k $98.2m | Reduced -13.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 175.4k $96.9m | Reduced -23.7k |
| EULAV Asset Management 2.57% of their portfolio | 174.2k $96.3m | Unchanged |
| BRIDGES INVESTMENT MANAGEMENT INC 1.11% of their portfolio | 158.2k $87.4m | Reduced -16.0k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 156.3k $86.4m | Reduced -8.3k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 152.4k $84.2m | Reduced -2.2k |
| BROWN ADVISORY INC 0.12% of their portfolio | 150.2k $83.0m | Reduced -53.9k |
| PNC Financial Services Group, Inc. 0.04% of their portfolio | 140.5k $77.7m | Added +3.6k |
| Quantinno Capital Management LP 0.15% of their portfolio | 137.2k $75.8m | Added +106.8k |
| Nuveen, LLC 0.02% of their portfolio | 131.1k $72.4m | Reduced -3.0k |
| BENJAMIN EDWARDS INC 0.80% of their portfolio | 130.6k $72.2m | Reduced -2.5k |
| CONGRESS ASSET MANAGEMENT CO 0.50% of their portfolio | 129.7k $71.7m | Reduced -32.2k |
| Baird Financial Group, Inc. 0.11% of their portfolio | 129.7k $71.7m | Reduced -20.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.24% of their portfolio | 123.2k $68.1m | Reduced -3.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 115.3k $63.7m | Reduced -2.3k |
| LPL Financial LLC 0.02% of their portfolio | 111.0k $61.4m | Added +5.8k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 106.5k $58.9m | Reduced -3.4k |
| MAIRS & POWER INC 0.55% of their portfolio | 103.9k $57.4m | Reduced -4.4k |
| ANCHOR CAPITAL ADVISORS LLC 1.55% of their portfolio | 96.5k $53.4m | Reduced -1.5k |
| Skye Global Management LP 1.08% of their portfolio | 96.5k $53.3m | Reduced -29.5k |
| HENNESSY ADVISORS INC 1.88% of their portfolio | 95.9k $53.0m | Reduced -5.6k |
| MARSHALL WACE, LLP 0.05% of their portfolio | 94.7k $52.3m | Added +70.5k |
| DAVENPORT & Co LLC 0.28% of their portfolio | 93.6k $52.1m | Reduced -3.1k |
| California Public Employees Retirement System 0.03% of their portfolio | 90.1k $49.8m | Reduced -11.5k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 86.9k $48.0m | Reduced -27.5k |
| DEARBORN PARTNERS LLC 2.29% of their portfolio | 83.1k $46.0m | Reduced -2.9k |
| TD Asset Management Inc 0.04% of their portfolio | 80.0k $44.2m | Reduced -20.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 77.3k $42.7m | Reduced -6.6k |
| Copeland Capital Management, LLC 0.92% of their portfolio | 74.5k $41.2m | Reduced -11.7k |
| Swiss National Bank 0.02% of their portfolio | 73.3k $40.5m | Added +1.2k |
| River Road Asset Management, LLC 0.44% of their portfolio | 72.0k $39.8m | Reduced -2.7k |
| Select Equity Group, L.P. 0.18% of their portfolio | 71.7k $39.7m | Added +16.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 70.8k $39.1m | Reduced -2.2k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 70.2k $38.8m | Added +20.8k |
| Freestone Grove Partners LP 0.28% of their portfolio | 69.1k $38.2m | Added +15.5k |
| Aberdeen Group plc 0.06% of their portfolio | 65.2k $36.1m | Reduced -5.2k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.64% of their portfolio | 64.8k $35.8m | Added +5.2k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 64.5k $35.7m | Added +3.2k |
| Cerity Partners LLC 0.05% of their portfolio | 62.8k $34.7m | Added +5.6k |
| ProShare Advisors LLC 0.06% of their portfolio | 61.8k $34.2m | Reduced -6.0k |
| Legal & General Group Plc 0.01% of their portfolio | 59.9k $33.1m | Reduced -16.4k |
| TimesSquare Capital Management, LLC 0.49% of their portfolio | 58.5k $32.4m | New |
| Retirement Systems of Alabama 0.10% of their portfolio | 56.3k $31.1m | Added +423 |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 53.1k $29.4m | Reduced -7.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 52.9k $29.2m | Reduced -4.0k |
| ZACKS INVESTMENT MANAGEMENT 0.22% of their portfolio | 51.4k $28.4m | Added +143 |
| JLB & ASSOCIATES INC 3.81% of their portfolio | 51.1k $28.3m | Added +1.7k |
| Carnegie Investment Counsel 0.52% of their portfolio | 51.0k $28.2m | Added +3.3k |
| Advisors Capital Management, LLC 0.32% of their portfolio | 49.6k $27.4m | Added +1.3k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 47.7k $26.4m | Reduced -3.3k |
| Walleye Capital LLC 0.15% of their portfolio | 47.4k $26.2m | Added +45.9k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 46.9k $25.9m | Reduced -5.3k |
| PRIMECAP MANAGEMENT CO/CA/ 0.02% of their portfolio | 46.0k $25.4m | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.09% of their portfolio | 45.0k $24.9m | Unchanged |
| AXIOM INVESTORS LLC /DE 0.21% of their portfolio | 43.5k $24.0m | Added +221 |
| STRS OHIO 0.09% of their portfolio | 42.7k $23.6m | Added +1 |
| Hunter Perkins Capital Management, LLC 5.37% of their portfolio | 42.0k $23.2m | Reduced -9.2k |
| Driehaus Capital Management LLC 0.15% of their portfolio | 41.2k $22.8m | Added +8.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 38.6k $21.3m | Reduced -100 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio | 37.5k $20.7m | Reduced -942 |
| HANCOCK WHITNEY CORP 0.37% of their portfolio | 37.5k $20.7m | Added +122 |
| SEGALL BRYANT & HAMILL, LLC 0.28% of their portfolio | 37.2k $20.6m | Reduced -2.4k |
| Epoch Investment Partners, Inc. 0.11% of their portfolio | 36.6k $20.2m | Reduced -2.6k |
| ALGERT GLOBAL LLC 0.31% of their portfolio | 36.2k $20.0m | Added +188 |
| BARCLAYS PLC 0.01% of their portfolio | 35.3k $19.5m | Reduced -123.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 35.2k $19.5m | Reduced -1.5k |