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 ($16.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.99. Options: 11 managers hold calls ($98.3m notional), 8 hold puts ($2.2m).
Trends to Q3 2025
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 |
| Q4 2024 | 266 |
| Q1 2025 | 262 |
| Q2 2025 | 267 |
| Q3 2025 | 287 |
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 | 140 | 116 |
| Q1 2024 | 133 | 154 |
| Q2 2024 | 128 | 151 |
| Q3 2024 | 146 | 129 |
| Q4 2024 | 110 | 150 |
| Q1 2025 | 139 | 103 |
| Q2 2025 | 132 | 118 |
| Q3 2025 | 157 | 120 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $7.2m | $3.1m | 0.43 |
| Q1 2025 | $4.4m | $7.0m | 1.60 |
| Q2 2025 | $9.5m | $11.1m | 1.18 |
| Q3 2025 | $98.3m | $2.2m | 0.02 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | New | +19.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +13.8m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +9.3m |
| Orbis Allan Gray Ltd | Added | +8.6m |
| Corvex Management LP | New | +8.6m |
| Itau Unibanco Holding S.A. | New | +7.1m |
| JPMORGAN CHASE & CO | Added | +6.6m |
| Hill City Capital, LP | Added | +6.6m |
| Blackstone Inc. | New | +5.8m |
| WCM INVESTMENT MANAGEMENT, LLC | New | +5.4m |
Biggest sellers
| FMR LLC | Reduced | -16.9m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -9.4m |
| BRANDES INVESTMENT PARTNERS, LP | Reduced | -7.7m |
| ANTIPODES PARTNERS Ltd | Sold out | -6.0m |
| OAKTREE CAPITAL MANAGEMENT LP | Reduced | -4.4m |
| LOOMIS SAYLES & CO L P | Reduced | -4.0m |
| PointState Capital LP | Reduced | -3.2m |
| GOLDMAN SACHS GROUP INC | Reduced | -3.2m |
| Man Group plc | Reduced | -3.1m |
| IPG Investment Advisors LLC | Reduced | -2.3m |
Biggest calls
| PointState Capital LP | New | $80.9m9.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.2m801.4k shares |
| CITIGROUP INC | New | $5.8m650.0k shares |
| MILLENNIUM MANAGEMENT LLC | New | $1.8m200.0k shares |
| JANE STREET GROUP, LLC | Added | $1.4m151.9k shares |
| Walleye Trading LLC | Added | $319.1k35.5k shares |
| CITADEL ADVISORS LLC | Reduced | $282.3k31.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $217.6k24.2k shares |
| WOLVERINE TRADING, LLC | New | $183.7k20.3k shares |
| Raiffeisen Bank International AG | New | $95.2k10.7k shares |
Biggest puts
| Walleye Trading LLC | Reduced | $1.1m121.9k shares |
| IMC-Chicago, LLC | New | $256.2k28.5k shares |
| CITADEL ADVISORS LLC | Added | $254.4k28.3k shares |
| SIMPLEX TRADING, LLC | Added | $186.0k20.7k shares |
| WOLVERINE TRADING, LLC | New | $152.0k16.8k shares |
| GROUP ONE TRADING LLC | Added | $131.3k14.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $119.6k13.3k shares |
| Walleye Capital LLC | Reduced | $899100 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 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.
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| Dodge & Cox 0.47% of their portfolio | 96.7m $869.6m | Added +1.7m |
| FMR LLC 0.03% of their portfolio | 55.4m $497.9m | Reduced -16.9m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 37.8m $339.9m | Reduced -792.8k |
| Orbis Allan Gray Ltd 1.35% of their portfolio | 34.9m $313.8m | Added +8.6m |
| BRANDES INVESTMENT PARTNERS, LP 1.80% of their portfolio | 24.9m $223.9m | Reduced -7.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 19.0m $170.9m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 16.9m $151.9m | Added +13.8m |
| LAZARD ASSET MANAGEMENT LLC 0.20% of their portfolio | 16.8m $151.0m | Reduced -9.4m |
| PointState Capital LP 2.70% of their portfolio | 16.7m $150.4m | Reduced -3.2m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 12.2m $109.5m | Added +499.5k |
| Hill City Capital, LP 4.11% of their portfolio | 10.8m $97.1m | Added +6.6m |
| OAKTREE CAPITAL MANAGEMENT LP 1.57% of their portfolio | 10.4m $93.9m | Reduced -4.4m |
| Robeco Institutional Asset Management B.V. 0.14% of their portfolio | 10.4m $93.2m | Added +3.6m |
| ACADIAN ASSET MANAGEMENT LLC 0.15% of their portfolio | 9.8m $88.3m | Added +9.3m |
| Perpetual Ltd 1.03% of their portfolio | 9.2m $82.7m | Added +61.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 9.1m $81.4m | Added +6.6m |
| Corvex Management LP 2.77% of their portfolio | 8.6m $77.3m | New |
| MORGAN STANLEY 0.00% of their portfolio | 7.7m $68.9m | Added +1.9m |
| Itau Unibanco Holding S.A. 2.17% of their portfolio | 7.1m $63.7m | New |
| MACQUARIE GROUP LTD 0.07% of their portfolio | 6.2m $56.1m | Reduced -79.7k |
| Blackstone Inc. 0.22% of their portfolio | 5.8m $52.1m | New |
| WCM INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 5.4m $48.7m | New |
| Marathon Asset Management Ltd 1.73% of their portfolio | 5.2m $47.1m | Reduced -853.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 5.2m $46.8m | Added +2.1m |
| Hosking Partners LLP 1.58% of their portfolio | 4.9m $43.6m | Reduced -115.6k |
| STRS OHIO 0.14% of their portfolio | 4.3m $38.5m | Reduced -550.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 4.0m $36.1m | Added +777.1k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.0m $35.8m | Reduced -10.5k |
| UBS Group AG 0.01% of their portfolio | 3.8m $34.4m | Added +669.7k |
| LETKO, BROSSEAU & ASSOCIATES INC 0.57% of their portfolio | 3.7m $33.2m | Reduced -32.8k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 3.6m $32.0m | Reduced -437.1k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.58% of their portfolio | 3.2m $28.7m | Reduced -218.7k |
| Walleye Trading LLC 0.46% of their portfolio | 3.2m $28.5m | Added +3.0m |
| SEI INVESTMENTS CO 0.03% of their portfolio | 3.0m $27.3m | Added +2.1m |
| PANAGORA ASSET MANAGEMENT INC 0.10% of their portfolio | 2.7m $24.7m | Reduced -107.7k |
| Amundi 0.01% of their portfolio | 2.7m $24.6m | Added +32.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.7m $24.0m | Reduced -3.2m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.5m $22.8m | Added +381.3k |
| BlackRock, Inc. 0.00% of their portfolio | 2.4m $21.8m | Reduced -199.7k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 2.3m $20.8m | New |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 2.2m $19.7m | Added +1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.9m $17.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.8m $15.9m | Reduced -335.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $15.6m | Added +29.6k |
| Verition Fund Management LLC 0.08% of their portfolio | 1.6m $14.0m | Reduced -1.9m |
| STATE STREET CORP 0.00% of their portfolio | 1.5m $13.7m | Added +9.4k |
| MMBG INVESTMENT ADVISORS CO. 1.11% of their portfolio | 1.4m $12.5m | Reduced -52.0k |
| IPG Investment Advisors LLC 2.06% of their portfolio | 1.3m $11.5m | Reduced -2.3m |
| PEAK6 LLC 0.14% of their portfolio | 1.2m $11.1m | New |
| Schonfeld Strategic Advisors LLC 0.08% of their portfolio | 1.2m $10.9m | Added +96.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.2m $10.8m | Reduced -221.5k |
| Nearwater Capital Markets, Ltd 0.14% of their portfolio | 1.2m $10.7m | New |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 1.2m $10.4m | Added +192.1k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 1.1m $10.3m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 1.1m $10.2m | New |
| CastleKnight Management LP 0.53% of their portfolio | 1.1m $9.8m | Reduced -418.0k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 1.1m $9.5m | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.05% of their portfolio | 1.0m $9.3m | Added +369.2k |
| Ramirez Asset Management, Inc. 1.27% of their portfolio | 1.0m $9.2m | Added +21.5k |
| HighTower Advisors, LLC 0.01% of their portfolio | 1.0m $9.1m | Added +12.9k |
| DEPRINCE RACE & ZOLLO INC 0.17% of their portfolio | 946.3k $8.5m | Reduced -158.9k |
| LOOMIS SAYLES & CO L P 0.01% of their portfolio | 906.7k $8.2m | Reduced -4.0m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 888.7k $8.0m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 888.5k $8.0m | Added +122.7k |
| Advisors Asset Management, Inc. 0.13% of their portfolio | 850.4k $7.6m | Added +36.7k |
| Aquatic Capital Management LLC 0.14% of their portfolio | 842.5k $7.6m | First filing |
| Legal & General Group Plc 0.00% of their portfolio | 662.1k $5.9m | Reduced -20.0k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio | 634.5k $5.7m | Reduced -76.4k |
| ICON ADVISERS INC/CO 1.24% of their portfolio | 629.2k $5.7m | Reduced -135.0k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 604.5k $5.4m | Reduced -636.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 485.8k $4.4m | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 462.6k $4.2m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 458.4k $4.1m | Reduced -42.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 427.7k $3.8m | Added +87.5k |
| Quantbot Technologies LP 0.10% of their portfolio | 395.4k $3.6m | New |
| Lesa Sroufe & Co 2.72% of their portfolio | 374.6k $3.4m | Added +2.8k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 350.4k $3.1m | Reduced -5.3k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 347.8k $3.1m | Reduced -99.0k |
| LPL Financial LLC 0.00% of their portfolio | 345.9k $3.1m | Added +115.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 319.8k $2.9m | Added +1.2k |
| JTC Employer Solutions Trustee Ltd 0.23% of their portfolio | 302.0k $2.7m | Unchanged |
| Oldfield Partners LLP 0.82% of their portfolio | 290.6k $2.6m | Reduced -419.5k |
| HANTZ FINANCIAL SERVICES, INC. 0.04% of their portfolio | 287.6k $2.6m | Added +18.8k |
| Black Creek Investment Management Inc. 0.11% of their portfolio | 270.7k $2.4m | Added +254.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 263.8k $2.4m | Added +24.3k |
| RITHOLTZ WEALTH MANAGEMENT 0.04% of their portfolio | 253.3k $2.3m | Added +20.2k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 250.4k $2.3m | Reduced -448.6k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 238.2k $2.1m | Added +117.2k |
| Man Group plc 0.00% of their portfolio | 220.9k $2.0m | Reduced -3.1m |
| Capital Wealth Planning, LLC 0.01% of their portfolio | 205.6k $1.8m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 197.4k $1.8m | New |
| Employees Retirement System of Texas 0.01% of their portfolio | 197.0k $1.8m | Added +181.8k |
| Corient Private Wealth LP 0.00% of their portfolio | 195.6k $1.8m | Added +12.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 195.4k $1.8m | Added +89.5k |
| XTX Topco Ltd 0.09% of their portfolio | 186.9k $1.7m | Added +16.0k |
| Calamos Advisors LLC 0.01% of their portfolio | 184.7k $1.7m | Unchanged |
| GROUP ONE TRADING LLC 0.05% of their portfolio | 171.3k $1.5m | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 166.6k $1.5m | New |
| Generali Investments CEE, investicni spolecnost, a.s. 0.11% of their portfolio | 159.2k $1.4m | Unchanged |
| Dorsey Wright & Associates 0.31% of their portfolio | 156.0k $1.4m | New |