CORE & MAIN INC CNM
CL A · Common Stock · CUSIP 21874C102 · ISIN US21874C1027
Infrastructure (water, wastewater, storm drainage and fire protection) limited partnership company
- SectorIndustrials
- IndustryWholesale-Durable Goods, NEC
- HeadquartersSt. Louis, MO
- Founded2017
- Websitecoreandmain.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 ($19.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.89. Options: 5 managers hold calls ($11.0m notional), 5 hold puts ($2.2m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 170 |
| Q4 2022 | 168 |
| Q1 2023 | 181 |
| Q2 2023 | 224 |
| Q3 2023 | 266 |
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 | 112 | 84 |
| Q1 2023 | 113 | 75 |
| Q2 2023 | 148 | 82 |
| Q3 2023 | 187 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $90.2k | $106.1k | 1.18 |
| Q1 2023 | $4.2m | $184.7k | 0.04 |
| Q2 2023 | $1.4m | $932.3k | 0.68 |
| Q3 2023 | $11.0m | $2.2m | 0.20 |
Biggest buyers
| FMR LLC | Added | +2.7m |
| FIDUCIARY MANAGEMENT INC /WI/ | New | +2.1m |
| VANGUARD GROUP INC | Added | +1.2m |
| Handelsbanken Fonder AB | Added | +950.0k |
| TWO SIGMA ADVISERS, LP | Added | +895.8k |
| BlackRock Inc. | Added | +856.0k |
| Qube Research & Technologies Ltd | Added | +849.3k |
| MORGAN STANLEY | Added | +788.8k |
| TWO SIGMA INVESTMENTS, LP | Added | +750.8k |
| Point72 Asset Management, L.P. | New | +697.9k |
Biggest sellers
| Clayton, Dubilier & Rice, LLC | Reduced | -23.0m |
| JENNISON ASSOCIATES LLC | Reduced | -937.4k |
| NORGES BANK | Reduced | -832.4k |
| Driehaus Capital Management LLC | Reduced | -819.3k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -788.3k |
| Amundi | Reduced | -622.3k |
| JANUS HENDERSON GROUP PLC | Reduced | -614.8k |
| River Road Asset Management, LLC | Reduced | -611.1k |
| FIL Ltd | Reduced | -285.8k |
| Man Group plc | Sold out | -252.1k |
Biggest calls
| HBK INVESTMENTS L P | Not comparable | $9.1m314.2k shares |
| Greenland Capital Management LP | New | $1.7m60.0k shares |
| CITADEL ADVISORS LLC | Reduced | $222.1k7.7k shares |
| GROUP ONE TRADING LLC | Reduced | $11.5k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $816.5k28.3k shares |
| CITADEL ADVISORS LLC | Added | $672.2k23.3k shares |
| WOLVERINE TRADING, LLC | Added | $380.8k13.2k shares |
| GROUP ONE TRADING LLC | Added | $360.6k12.5k 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 +0.1 pts · filed 2026-04-07 | 10.1% |
| Capital World Investors 13G · institution new · filed 2026-05-14 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
Fell to 5% or below in the last year: MORGAN STANLEY (2.7%, 2026-05-11), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), Select Equity Group, L.P. (4.1%, 2026-02-17)
Insider purchases and sales in Q3 2023
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 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $972.1k | — |
| Q3 2022 | 0 | — | 3 | $2.6m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 2 | $3.1m | — |
| Q2 2023 | 0 | — | 7 | $13.5m | $13.0m |
| Q3 2023 | 0 | — | 3 | $3.1m | $3.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-25 | Witkowski Mark R Chief Financial Officer | Sold plan | $1.1m40.0k shares |
| 2023-09-25 | Castellano James G Director · By Trust | Sold plan | $354.4k12.5k shares |
| 2023-09-19 | CD&R Investment Associates X, Ltd. +6 10% owner · By Affiliate | Sold | $613.1m21.1m shares |
| 2023-08-29 | Schaller John R President · By Trust | Sold plan | $813.7k25.0k shares |
| 2023-07-13 | Schaller John R President · By Trust | Sold plan | $799.0k25.0k 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 2023
| Manager | Shares | Change |
|---|---|---|
| Clayton, Dubilier & Rice, LLC 52.65% of their portfolio | 99.1m $2.9bn | Reduced -23.0m |
| VANGUARD GROUP INC 0.01% of their portfolio | 9.5m $273.8m | Added +1.2m |
| FMR LLC 0.02% of their portfolio | 7.9m $226.9m | Added +2.7m |
| JANUS HENDERSON GROUP PLC 0.10% of their portfolio | 5.1m $148.6m | Reduced -614.8k |
| Pictet Asset Management Holding SA 0.18% of their portfolio | 5.1m $146.3m | First filing |
| BlackRock Inc. 0.00% of their portfolio | 5.0m $144.5m | Added +856.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio | 4.8m $138.0m | Reduced -788.3k |
| Select Equity Group, L.P. 0.55% of their portfolio | 4.7m $134.4m | Reduced -159.8k |
| MORGAN STANLEY 0.01% of their portfolio | 4.2m $121.7m | Added +788.8k |
| SAMLYN CAPITAL, LLC 2.15% of their portfolio | 4.2m $121.5m | Added +331.2k |
| NORGES BANK 0.02% of their portfolio | 3.7m $106.5m | Reduced -832.4k |
| Amundi 0.05% of their portfolio | 3.6m $104.6m | Reduced -622.3k |
| Robeco Schweiz AG 1.43% of their portfolio | 2.9m $84.4m | Added +206.5k |
| Invesco Ltd. 0.02% of their portfolio | 2.5m $71.9m | Added +461.4k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 2.3m $67.4m | Reduced -46.2k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 2.3m $67.4m | Added +159.9k |
| FIDUCIARY MANAGEMENT INC /WI/ 0.61% of their portfolio | 2.1m $59.6m | New |
| FIL Ltd 0.06% of their portfolio | 1.9m $54.7m | Reduced -285.8k |
| TWO SIGMA INVESTMENTS, LP 0.15% of their portfolio | 1.9m $53.4m | Added +750.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.8m $52.8m | Added +506.0k |
| TWO SIGMA ADVISERS, LP 0.13% of their portfolio | 1.8m $52.6m | Added +895.8k |
| Swedbank AB 0.09% of their portfolio | 1.8m $51.3m | Added +209.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.7m $48.4m | Added +194.1k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.54% of their portfolio | 1.7m $47.9m | Added +34.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.5m $43.9m | Added +296.5k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $40.8m | Added +185.2k |
| ACK Asset Management LLC 5.47% of their portfolio | 1.3m $37.6m | Added +150.0k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.3m $36.3m | Added +691.0k |
| Driehaus Capital Management LLC 0.44% of their portfolio | 1.2m $33.5m | Reduced -819.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.1m $31.5m | Added +247.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.1m $30.6m | Added +433.4k |
| Ghisallo Capital Management LLC 2.95% of their portfolio | 1.0m $28.9m | Added +500.0k |
| Handelsbanken Fonder AB 0.16% of their portfolio | 966.7k $27.9m | Added +950.0k |
| Qube Research & Technologies Ltd 0.08% of their portfolio | 943.1k $27.2m | Added +849.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 858.2k $24.8m | Reduced -54.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 840.5k $24.2m | Reduced -172.7k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 828.3k $23.9m | Added +330.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 815.4k $23.5m | Added +523.0k |
| J. Goldman & Co LP 1.07% of their portfolio | 743.6k $21.5m | Added +192.1k |
| Zurich Insurance Group Ltd/FI 0.23% of their portfolio | 741.5k $21.4m | Added +682.7k |
| Impax Asset Management Group plc 0.09% of their portfolio | 700.5k $20.2m | Unchanged |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 697.9k $20.1m | New |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.15% of their portfolio | 663.4k $19.1m | New |
| KBC Group NV 0.08% of their portfolio | 657.0k $19.0m | New |
| Pembroke Management, LTD 2.47% of their portfolio | 627.9k $18.1m | Reduced -13.5k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.24% of their portfolio | 620.0k $17.9m | Unchanged |
| Hill City Capital, LP 2.30% of their portfolio | 595.0k $17.2m | Added +295.0k |
| Thematics Asset Management 0.82% of their portfolio | 578.0k $16.7m | Reduced -14.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 557.5k $16.1m | Added +176.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 547.9k $15.8m | Added +294.7k |
| River Road Asset Management, LLC 0.22% of their portfolio | 545.2k $15.7m | Reduced -611.1k |
| BARCLAYS PLC 0.01% of their portfolio | 541.9k $15.6m | Added +510.2k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 540.0k $15.6m | Reduced -42.8k |
| Alyeska Investment Group, L.P. 0.10% of their portfolio | 483.8k $14.0m | New |
| Woodline Partners LP 0.14% of their portfolio | 419.8k $12.1m | Added +336.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 419.4k $12.1m | Added +13.2k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.29% of their portfolio | 416.2k $12.0m | Added +57.3k |
| BOSTON FINANCIAL MANGEMENT LLC 0.45% of their portfolio | 415.0k $12.0m | Added +14.5k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.33% of their portfolio | 384.1k $11.1m | Reduced -4.6k |
| Legal & General Group Plc 0.00% of their portfolio | 383.1k $11.1m | Reduced -91.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.05% of their portfolio | 370.8k $10.7m | Added +297.7k |
| PUTNAM INVESTMENTS LLC 0.02% of their portfolio | 355.2k $10.2m | Added +34.3k |
| Cubist Systematic Strategies, LLC 0.13% of their portfolio | 351.7k $10.1m | Added +163.9k |
| Vulcan Value Partners, LLC 0.15% of their portfolio | 338.1k $9.8m | Reduced -21.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 325.2k $9.4m | Added +287.8k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 324.3k $9.4m | Added +360 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 318.4k $9.2m | Added +107.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 315.9k $9.1m | Added +37.0k |
| ING GROEP NV 0.08% of their portfolio | 315.7k $9.1m | New |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 314.8k $9.1m | Added +20.0k |
| Rokos Capital Management LLP 0.32% of their portfolio | 300.0k $8.8m | New |
| Trexquant Investment LP 0.22% of their portfolio | 299.4k $8.6m | New |
| Man Group plc 0.02% of their portfolio | 264.5k $7.6m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 249.6k $7.2m | New |
| Swiss National Bank 0.01% of their portfolio | 247.1k $7.1m | Added +58.7k |
| SEVEN GRAND MANAGERS, LLC 9.31% of their portfolio | 241.0k $7.0m | Added +187.4k |
| Perpetual Ltd 0.07% of their portfolio | 239.8k $6.9m | Added +14.4k |
| DF DENT & CO INC 0.10% of their portfolio | 235.5k $6.8m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 234.6k $6.8m | Reduced -14.8k |
| Clear Harbor Asset Management, LLC 0.69% of their portfolio | 229.9k $6.6m | Added +1.1k |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 201.5k $5.8m | Reduced -937.4k |
| SOROS FUND MANAGEMENT LLC 0.12% of their portfolio | 200.0k $5.8m | New |
| Monashee Investment Management LLC 2.41% of their portfolio | 200.0k $5.8m | New |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 199.8k $5.8m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 198.0k $5.7m | Added +25.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 179.3k $5.2m | Added +130.3k |
| ELEMENT CAPITAL MANAGEMENT LLC 0.43% of their portfolio | 166.7k $4.8m | Added +133.8k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 163.0k $4.7m | Reduced -45.8k |
| Cinctive Capital Management LP 0.25% of their portfolio | 155.4k $4.5m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 151.0k $4.4m | Added +26.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 150.2k $4.3m | Added +79.4k |
| Granite Investment Partners, LLC 0.18% of their portfolio | 146.1k $4.2m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 142.6k $4.1m | Added +8.7k |
| Verition Fund Management LLC 0.05% of their portfolio | 130.9k $3.8m | New |
| Lighthouse Investment Partners, LLC 0.22% of their portfolio | 130.2k $3.8m | Added +118.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 125.1k $3.6m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 123.4k $3.6m | Added +18.8k |
| Madison Asset Management, LLC 0.05% of their portfolio | 121.1k $3.5m | Added +14.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 120.3k $3.5m | Added +70.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 118.9k $3.4m | Added +21.0k |