CONSTRUCTION PARTNERS INC ROAD
COM CL A · Common Stock · CUSIP 21044C107 · ISIN US21044C1071
- SectorIndustrials
- IndustryHeavy Construction Other Than Bldg Const - Contractors
- HeadquartersDothan, AL
- 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 ($6.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $106.26. Options: 6 managers hold calls ($4.6m notional), 3 hold puts ($605.8k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 151 |
| Q4 2022 | 155 |
| Q1 2023 | 147 |
| Q2 2023 | 158 |
| Q3 2023 | 180 |
| Q4 2023 | 226 |
| Q1 2024 | 222 |
| Q2 2024 | 236 |
| Q3 2024 | 261 |
| Q4 2024 | 293 |
| Q1 2025 | 283 |
| Q2 2025 | 331 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 107 | 63 |
| Q4 2023 | 116 | 87 |
| Q1 2024 | 113 | 117 |
| Q2 2024 | 104 | 124 |
| Q3 2024 | 125 | 115 |
| Q4 2024 | 133 | 139 |
| Q1 2025 | 154 | 137 |
| Q2 2025 | 173 | 145 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.3m | $223.4k | 0.18 |
| Q4 2024 | $2.1m | $388.5k | 0.18 |
| Q1 2025 | $1.9m | $242.4k | 0.13 |
| Q2 2025 | $4.6m | $605.8k | 0.13 |
Biggest buyers
| VANGUARD GROUP INC | Added | +938.7k |
| ROYAL BANK OF CANADA | Added | +433.3k |
| LORD, ABBETT & CO. LLC | Added | +279.2k |
| Driehaus Capital Management LLC | Added | +240.5k |
| Bank of New York Mellon Corp | Added | +223.5k |
| AMERICAN CENTURY COMPANIES INC | Added | +163.3k |
| FRANKLIN RESOURCES INC | Added | +139.7k |
| Jump Financial, LLC | Added | +120.9k |
| FEDERATED HERMES, INC. | Added | +80.6k |
| JANE STREET GROUP, LLC | New | +73.6k |
Biggest sellers
| Conestoga Capital Advisors, LLC | Reduced | -820.8k |
| WASATCH ADVISORS LP | Reduced | -483.8k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -301.5k |
| GENEVA CAPITAL MANAGEMENT LLC | Reduced | -294.3k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -232.0k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -209.0k |
| MACQUARIE GROUP LTD | Reduced | -171.5k |
| Allspring Global Investments Holdings, LLC | Reduced | -143.8k |
| FMR LLC | Reduced | -140.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -121.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $2.8m26.7k shares |
| Belvedere Trading LLC | Reduced | $988.4k9.3k shares |
| CITADEL ADVISORS LLC | Reduced | $510.1k4.8k shares |
| SIMPLEX TRADING, LLC | Added | $244.0k2.3k shares |
| GROUP ONE TRADING LLC | Unchanged | $31.9k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $595.2k5.6k shares |
| Belvedere Trading LLC | Reduced | $10.6k100 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 +7.5 pts · filed 2026-08-06 | 14.8% |
| FMR LLC 13G · institution +4.1 pts · filed 2026-05-06 | 14.8% |
| SunTx Capital II Management Corp. 13G · exempt (held before listing) +2.2 pts · filed 2025-11-14 | 13.8% |
| Conestoga Capital Advisors, LLC 13G · institution filed 2025-01-10 | 7.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26), KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC (4.7%, 2025-11-13)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 1 | $1.8m | — |
| Q4 2023 | 0 | — | 3 | $10.3m | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 4 | $454.9k | — |
| Q3 2024 | 0 | — | 1 | $7.6m | — |
| Q4 2024 | 0 | — | 5 | $19.9m | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $689.1k | 2 | $689.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-04-14 | Fleming Ned N. IV Member of 10% owner group · By Tar Frog Investment Management LLC | Bought | $689.1k9.3k shares |
| 2025-04-14 | Smith Fred Julius III President and CEO, director · By Tar Frog Investment Management LLC | Bought | $689.1k9.3k shares |
| 2025-04-14 | Harper John L Senior Vice President | Sold | $443.0k6.0k shares |
| 2025-04-14 | Flowers Robert P. Senior Vice President | Sold | $246.1k3.3k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 4.6m $489.4m | Added +938.7k |
| BlackRock, Inc. 0.01% of their portfolio | 3.5m $375.8m | Reduced -50.1k |
| FMR LLC 0.02% of their portfolio | 3.5m $375.5m | Reduced -140.8k |
| Conestoga Capital Advisors, LLC 4.14% of their portfolio | 2.6m $279.9m | Reduced -820.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.65% of their portfolio | 2.6m $271.4m | Reduced -38.5k |
| GENEVA CAPITAL MANAGEMENT LLC 3.85% of their portfolio | 2.2m $230.1m | Reduced -294.3k |
| MACQUARIE GROUP LTD 0.19% of their portfolio | 1.5m $157.9m | Reduced -171.5k |
| Invesco Ltd. 0.02% of their portfolio | 1.3m $139.1m | Added +52.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $122.6m | Added +18.2k |
| WASATCH ADVISORS LP 0.62% of their portfolio | 1.1m $119.2m | Reduced -483.8k |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $118.2m | Added +49.9k |
| Driehaus Capital Management LLC 0.91% of their portfolio | 1.1m $113.7m | Added +240.5k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 984.9k $104.7m | Added +163.3k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 982.9k $104.5m | Reduced -232.0k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 842.5k $89.5m | Added +49.5k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 795.5k $84.5m | Reduced -47.3k |
| Clearbridge Investments, LLC 0.06% of their portfolio | 713.0k $75.8m | Added +937 |
| Allspring Global Investments Holdings, LLC 0.12% of their portfolio | 712.8k $74.6m | Reduced -143.8k |
| Artemis Investment Management LLP 0.97% of their portfolio | 711.6k $75.6m | Added +15.7k |
| LORD, ABBETT & CO. LLC 0.22% of their portfolio | 631.6k $67.1m | Added +279.2k |
| LOOMIS SAYLES & CO L P 0.08% of their portfolio | 630.4k $67.0m | Reduced -80.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 598.6k $63.6m | Reduced -209.0k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 576.6k $61.3m | Added +433.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 533.6k $56.7m | Reduced -27.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 496.8k $52.8m | Added +223.5k |
| MORGAN STANLEY 0.00% of their portfolio | 480.4k $51.1m | Added +12.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 468.9k $49.8m | Added +139.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 452.0k $48.0m | Reduced -3.7k |
| NATIXIS ADVISORS, LLC 0.08% of their portfolio | 449.6k $47.8m | Reduced -8.2k |
| Capital World Investors 0.01% of their portfolio | 433.7k $46.1m | Added +30.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 426.1k $45.3m | Reduced -24.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.08% of their portfolio | 365.6k $38.9m | Reduced -4.9k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 344.4k $36.6m | Reduced -54.8k |
| BESSEMER GROUP INC 0.05% of their portfolio | 290.5k $30.9m | Added +45.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 287.5k $30.6m | Reduced -25.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 284.7k $30.3m | Reduced -6.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 279.4k $29.7m | Reduced -301.5k |
| ROYCE & ASSOCIATES LP 0.30% of their portfolio | 270.8k $28.8m | Reduced -9.4k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 267.9k $28.5m | Reduced -117.0k |
| TimesSquare Capital Management, LLC 0.38% of their portfolio | 248.9k $26.5m | Reduced -81.9k |
| COMERICA BANK 0.10% of their portfolio | 244.3k $26.0m | Reduced -60.1k |
| Catawba River Capital 12.34% of their portfolio | 228.3k $24.3m | Reduced -81.1k |
| FRED ALGER MANAGEMENT, LLC 0.11% of their portfolio | 224.8k $23.9m | Reduced -43.9k |
| SEGALL BRYANT & HAMILL, LLC 0.31% of their portfolio | 205.4k $21.8m | Added +35.0k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 200.0k $21.3m | Reduced -9.5k |
| Summit Creek Advisors LLC 2.57% of their portfolio | 173.9k $18.5m | Reduced -82.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 172.7k $18.4m | Added +60.5k |
| CI INVESTMENTS INC. 0.07% of their portfolio | 172.0k $18.3m | Reduced -49.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 170.1k $18.1m | Reduced -27.9k |
| Tyro Capital Management LLC 6.42% of their portfolio | 154.0k $16.4m | Reduced -104.3k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 153.6k $16.3m | Added +8.2k |
| Jump Financial, LLC 0.19% of their portfolio | 144.7k $15.4m | Added +120.9k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.45% of their portfolio | 141.1k $15.0m | Added +9.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 140.7k $15.0m | Added +27.9k |
| Engle Capital Management, L.P. 4.33% of their portfolio | 135.0k $14.3m | Reduced -2.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 128.1k $13.6m | Added +32.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 110.4k $11.7m | Added +16.8k |
| Nuveen, LLC 0.00% of their portfolio | 109.8k $11.7m | Reduced -9.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 102.4k $10.9m | Reduced -121.1k |
| Asset Management One Co., Ltd. 0.03% of their portfolio | 99.0k $10.5m | Added +22.9k |
| BARCLAYS PLC 0.00% of their portfolio | 98.9k $10.5m | Added +34.8k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 98.5k $10.5m | Added +80.6k |
| UBS Group AG 0.00% of their portfolio | 96.6k $10.3m | Added +12.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 90.7k $9.6m | Added +26.4k |
| Swiss National Bank 0.01% of their portfolio | 90.1k $9.6m | Reduced -900 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 88.5k $9.4m | Reduced -15.8k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.47% of their portfolio | 82.7k $8.8m | Reduced -16.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 82.0k $8.7m | Reduced -42.0k |
| Pathstone Holdings, LLC 0.03% of their portfolio | 78.7k $8.4m | Added +4.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 73.6k $7.8m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 70.6k $7.5m | Added +7.3k |
| Advisors Asset Management, Inc. 0.13% of their portfolio | 68.6k $7.3m | Reduced -6.1k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 68.1k $7.2m | Reduced -4.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 66.7k $7.1m | New |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.05% of their portfolio | 66.6k $7.1m | Added +540 |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 63.3k $6.7m | Added +48.5k |
| Lisanti Capital Growth, LLC 1.83% of their portfolio | 62.3k $6.6m | Reduced -6.7k |
| 12th Street Asset Management Company, LLC 1.11% of their portfolio | 60.8k $6.5m | Reduced -2.8k |
| NICHOLAS COMPANY, INC. 0.10% of their portfolio | 57.9k $6.2m | Reduced -45.4k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 52.7k $5.6m | Added +5.6k |
| CASTLEARK MANAGEMENT LLC 0.16% of their portfolio | 50.7k $5.4m | New |
| OAK RIDGE INVESTMENTS LLC 0.39% of their portfolio | 50.7k $5.4m | Reduced -2.2k |
| Zimmer Partners, LP 0.12% of their portfolio | 50.0k $5.3m | Reduced -90.0k |
| Legal & General Group Plc 0.00% of their portfolio | 47.4k $5.0m | Reduced -487 |
| EFG Asset Management (North America) Corp. 0.68% of their portfolio | 45.1k $4.8m | Reduced -15.0k |
| LPL Financial LLC 0.00% of their portfolio | 44.6k $4.7m | Reduced -817 |
| Global IMC LLC 1.22% of their portfolio | 44.4k $4.7m | New |
| Informed Momentum Co LLC 0.71% of their portfolio | 44.3k $4.7m | New |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 44.3k $4.7m | Added +40.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 44.3k $4.7m | Unchanged |
| Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 1.87% of their portfolio | 43.9k $4.7m | Reduced -3.5k |
| Quantbot Technologies LP 0.12% of their portfolio | 42.7k $4.5m | Added +35.4k |
| CITIGROUP INC 0.00% of their portfolio | 41.7k $4.4m | Reduced -6.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 40.6k $4.3m | Added +3.2k |
| Aubrey Capital Management Ltd 1.56% of their portfolio | 40.5k $4.3m | Reduced -5.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 38.8k $4.1m | Reduced -20.2k |
| BRANT POINT INVESTMENT MANAGEMENT LLC 0.90% of their portfolio | 37.2k $4.0m | Reduced -36.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 36.7k $3.9m | Added +7.0k |
| Aptus Capital Advisors, LLC 0.04% of their portfolio | 34.5k $3.7m | New |
| DAVENPORT & Co LLC 0.02% of their portfolio | 34.0k $3.6m | Reduced -2.3k |