CEMEX SAB DE CV CX
SPON ADR NEW · ADR · CUSIP 151290889 · ISIN US1512908898
Mexican multinational company that manufactures and distributes cement, concrete and aggregates
* 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.09. Options: 10 managers hold calls ($6.2m notional), 9 hold puts ($3.9m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 209 |
| Q4 2022 | 214 |
| Q1 2023 | 243 |
| Q2 2023 | 258 |
| Q3 2023 | 278 |
| Q4 2023 | 300 |
| Q1 2024 | 301 |
| Q2 2024 | 289 |
| Q3 2024 | 281 |
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 | 95 | 106 |
| Q1 2023 | 121 | 97 |
| Q2 2023 | 124 | 117 |
| Q3 2023 | 138 | 118 |
| Q4 2023 | 140 | 116 |
| Q1 2024 | 133 | 154 |
| Q2 2024 | 128 | 151 |
| Q3 2024 | 146 | 129 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $25.4m | $7.7m | 0.30 |
| Q1 2024 | $11.0m | $6.3m | 0.58 |
| Q2 2024 | $3.6m | $883.9k | 0.25 |
| Q3 2024 | $6.2m | $3.9m | 0.63 |
Biggest buyers
| LAZARD ASSET MANAGEMENT LLC | Added | +33.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +31.2m |
| JPMORGAN CHASE & CO | Added | +16.0m |
| MILLENNIUM MANAGEMENT LLC | Added | +8.2m |
| BANK OF AMERICA CORP /DE/ | Added | +6.9m |
| Blackstone Inc. | New | +6.2m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +6.0m |
| BRANDES INVESTMENT PARTNERS, LP | Added | +5.2m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +2.5m |
| LOOMIS SAYLES & CO L P | Added | +2.1m |
Biggest sellers
| PRINCIPAL FINANCIAL GROUP INC | Sold out | -20.0m |
| AXIOM INVESTORS LLC /DE | Sold out | -6.4m |
| Itau Unibanco Holding S.A. | Reduced | -6.2m |
| Man Group plc | Reduced | -6.0m |
| Capital International Investors | Reduced | -5.7m |
| SAMLYN CAPITAL, LLC | Sold out | -5.4m |
| RWC ASSET ADVISORS (US) LLC | Reduced | -4.2m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -3.7m |
| Qube Research & Technologies Ltd | Reduced | -3.5m |
| Ninety One North America, Inc. | Sold out | -2.8m |
Biggest calls
| UBS Group AG | Added | $2.4m400.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.2m203.1k shares |
| CITADEL ADVISORS LLC | Reduced | $700.9k114.9k shares |
| CastleKnight Management LP | New | $610.0k100.0k shares |
| JANE STREET GROUP, LLC | New | $605.1k99.2k shares |
| GTS SECURITIES LLC | Reduced | $193.4k31.7k shares |
| Caption Management, LLC | Unchanged | $183.0k30.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $121.3k19.5k shares |
| TUDOR INVESTMENT CORP ET AL | New | $73.2k12.0k shares |
| Walleye Trading LLC | New | $18.9k3.1k shares |
Biggest puts
| UBS Group AG | New | $2.4m400.0k shares |
| IMC-Chicago, LLC | New | $513.0k84.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $391.0k64.1k shares |
| Walleye Trading LLC | New | $219.6k36.0k shares |
| CITADEL ADVISORS LLC | Added | $159.2k26.1k shares |
| Genus Capital Management Inc. | Unchanged | $130.6k21.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $28.0k4.7k shares |
| GROUP ONE TRADING LLC | Reduced | $11.6k1.9k 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 2025-04-23 | 8.5% |
| DODGE & COX 13G · institution -1.3 pts · filed 2026-08-13 | 5.3% |
Insider purchases and sales in Q3 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.
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| LAZARD ASSET MANAGEMENT LLC 0.29% of their portfolio | 35.7m $217.8m | Added +33.7m |
| BAILLIE GIFFORD & CO 0.15% of their portfolio | 32.9m $200.7m | Added +911.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 31.2m $190.3m | New |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 28.9m $176.2m | Added +16.0m |
| FMR LLC 0.01% of their portfolio | 20.6m $125.6m | Reduced -193.6k |
| AQR CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 18.6m $113.3m | Reduced -481.3k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 18.3m $111.7m | Added +8.2m |
| BRANDES INVESTMENT PARTNERS, LP 1.24% of their portfolio | 18.1m $110.6m | Added +5.2m |
| 59 North Capital Management, LP 4.77% of their portfolio | 17.4m $106.3m | Added +451.4k |
| OAKTREE CAPITAL MANAGEMENT LP 1.49% of their portfolio | 14.7m $89.6m | Unchanged |
| RWC ASSET ADVISORS (US) LLC 8.25% of their portfolio | 11.3m $69.1m | Reduced -4.2m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 11.1m $67.6m | Added +677.4k |
| Perpetual Ltd 0.66% of their portfolio | 10.0m $61.1m | Added +1.1m |
| Robeco Institutional Asset Management B.V. 0.12% of their portfolio | 9.9m $60.3m | Added +807.4k |
| Capital International Investors 0.01% of their portfolio | 9.8m $59.5m | Reduced -5.7m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.21% of their portfolio | 9.5m $58.0m | Added +6.0m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 9.3m $56.6m | Added +6.9m |
| Marathon Asset Management Ltd 1.24% of their portfolio | 7.3m $44.8m | Added +426.4k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 7.2m $44.2m | Reduced -280.5k |
| Balyasny Asset Management L.P. 0.11% of their portfolio | 6.8m $41.7m | Added +1.6m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 6.3m $38.7m | Added +748.6k |
| Blackstone Inc. 0.17% of their portfolio | 6.2m $37.8m | New |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 6.1m $37.5m | Reduced -172.6k |
| MORGAN STANLEY 0.00% of their portfolio | 6.0m $36.3m | Reduced -869.0k |
| Hosking Partners LLP 1.28% of their portfolio | 5.5m $33.3m | Added +893.4k |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 5.4m $32.9m | Added +2.1m |
| Sourcerock Group LLC 2.18% of their portfolio | 4.4m $27.0m | Added +950.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 4.1m $24.9m | Added +2.5m |
| RWC Asset Management LLP 1.42% of their portfolio | 4.0m $24.5m | Reduced -804.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.8m $23.2m | Reduced -98.3k |
| LETKO, BROSSEAU & ASSOCIATES INC 0.41% of their portfolio | 3.7m $22.7m | Added +148.8k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 3.5m $21.2m | Reduced -984.9k |
| BlackRock, Inc. 0.00% of their portfolio | 3.5m $21.1m | First filing |
| STRS OHIO 0.08% of their portfolio | 3.3m $20.2m | Unchanged |
| Itau Unibanco Holding S.A. 0.64% of their portfolio | 3.2m $19.5m | Reduced -6.2m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 3.2m $19.3m | Reduced -15.6k |
| Amundi 0.01% of their portfolio | 3.0m $18.0m | Reduced -125.1k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 2.2m $13.5m | Reduced -2.8m |
| UBS Group AG 0.00% of their portfolio | 1.9m $11.5m | Reduced -620.3k |
| Carrhae Capital LLP 1.30% of their portfolio | 1.9m $11.4m | New |
| Jump Financial, LLC 0.23% of their portfolio | 1.8m $11.1m | Added +1.4m |
| STATE STREET CORP 0.00% of their portfolio | 1.7m $10.4m | Reduced -70.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.7m $10.3m | Reduced -157.7k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 1.6m $10.1m | Reduced -2.2m |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio | 1.5m $9.0m | New |
| IPG Investment Advisors LLC 1.94% of their portfolio | 1.5m $8.9m | Added +165.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 1.4m $8.7m | Added +864.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.3m $8.0m | Added +332.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 1.3m $7.7m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.1m $6.7m | Added +538.8k |
| CastleKnight Management LP 0.77% of their portfolio | 1.1m $6.6m | Added +852.4k |
| MOORE CAPITAL MANAGEMENT, LP 0.18% of their portfolio | 1.0m $6.3m | Reduced -190.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.0m $6.1m | Reduced -185.0k |
| Capital International, Inc./CA/ 0.08% of their portfolio | 982.7k $6.0m | Reduced -563.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 932.9k $5.7m | Reduced -3.7m |
| MMBG INVESTMENT ADVISORS CO. 0.59% of their portfolio | 920.0k $5.6m | New |
| ICON ADVISERS INC/CO 1.11% of their portfolio | 870.0k $5.3m | Added +325.0k |
| PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio | 867.2k $5.3m | Reduced -598 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 850.0k $5.2m | Reduced -16.4k |
| DEPRINCE RACE & ZOLLO INC 0.10% of their portfolio | 834.3k $5.1m | New |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 816.9k $5.0m | Reduced -299.0k |
| HighTower Advisors, LLC 0.01% of their portfolio | 753.0k $4.6m | Added +896 |
| Ramirez Asset Management, Inc. 0.88% of their portfolio | 752.2k $4.6m | Added +596.5k |
| Legal & General Group Plc 0.00% of their portfolio | 727.4k $4.4m | Unchanged |
| State of New Jersey Common Pension Fund D 0.02% of their portfolio | 702.6k $4.3m | New |
| Dodge & Cox 0.00% of their portfolio | 679.7k $4.1m | Added +35.0k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio | 679.1k $4.1m | Added +55.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 670.5k $4.1m | Added +237.1k |
| Man Group plc 0.01% of their portfolio | 660.3k $4.0m | Reduced -6.0m |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 641.0k $3.9m | Reduced -3.5m |
| ABS Direct Equity Fund LLC 3.99% of their portfolio | 588.0k $3.6m | Reduced -149.0k |
| RIVER GLOBAL INVESTORS LLP 0.75% of their portfolio | 569.2k $3.5m | Reduced -39.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 568.2k $3.5m | Added +85.5k |
| Advisors Asset Management, Inc. 0.06% of their portfolio | 567.1k $3.5m | Added +25.7k |
| Sagefield Capital LP 0.37% of their portfolio | 561.8k $3.4m | Reduced -814.9k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 556.0k $3.4m | Added +63.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 553.7k $3.4m | Reduced -58.8k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 520.4k $3.2m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 516.5k $3.2m | Reduced -277.6k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.20% of their portfolio | 450.9k $73.9k | Added +378.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 439.3k $2.7m | Reduced -208.8k |
| JTC Employer Solutions Trustee Ltd 0.16% of their portfolio | 402.0k $2.4m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 400.0k $2.4m | Added +353.8k |
| Lesa Sroufe & Co 2.24% of their portfolio | 394.1k $2.4m | Reduced -289 |
| Engineers Gate Manager LP 0.04% of their portfolio | 364.7k $2.2m | Added +209.9k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 315.7k $1.9m | Added +42.1k |
| SEVEN EIGHT CAPITAL, LP 0.17% of their portfolio | 315.5k $1.9m | Added +201.7k |
| HRT FINANCIAL LP 0.01% of their portfolio | 304.9k $1.9m | New |
| Quantbot Technologies LP 0.07% of their portfolio | 298.2k $1.8m | Reduced -127.5k |
| Aquatic Capital Management LLC 0.05% of their portfolio | 288.2k $1.8m | Added +18.6k |
| AEGON ASSET MANAGEMENT UK Plc 0.02% of their portfolio | 278.8k $1.7m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio | 261.9k $1.6m | Added +58.5k |
| BECK CAPITAL MANAGEMENT, LLC 0.42% of their portfolio | 260.4k $1.6m | Reduced -77.9k |
| ClariVest Asset Management LLC 0.14% of their portfolio | 221.6k $1.4m | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 199.4k $1.2m | Reduced -708.8k |
| Creative Planning 0.00% of their portfolio | 198.0k $1.2m | Added +23.9k |
| Corient Private Wealth LP 0.00% of their portfolio | 195.8k $1.2m | Added +10.3k |
| HANTZ FINANCIAL SERVICES, INC. 0.02% of their portfolio | 192.4k $1.2m | Added +21.5k |
| Calamos Advisors LLC 0.01% of their portfolio | 184.7k $1.1m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 176.5k $1.1m | Added +9.4k |