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 ($28.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.23. Options: 17 managers hold calls ($82.1m notional), 19 hold puts ($278.7m).
Trends to Q1 2024
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 |
| Q4 2023 | 365 |
| Q1 2024 | 431 |
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 |
| Q4 2023 | 240 | 115 |
| Q1 2024 | 276 | 156 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $1.4m | $932.3k | 0.68 |
| Q3 2023 | $11.0m | $2.2m | 0.20 |
| Q4 2023 | $6.7m | $89.8m | 13.46 |
| Q1 2024 | $82.1m | $278.7m | 3.40 |
Biggest buyers
| BlackRock Inc. | Added | +7.3m |
| Select Equity Group, L.P. | Added | +6.2m |
| VANGUARD GROUP INC | Added | +4.7m |
| Capital International Investors | Added | +4.2m |
| MORGAN STANLEY | Added | +4.2m |
| Anomaly Capital Management, LP | New | +2.7m |
| BESSEMER GROUP INC | Added | +2.3m |
| Zurcher Kantonalbank (Zurich Cantonalbank) | Added | +1.7m |
| Artemis Investment Management LLP | Added | +1.6m |
| ALLIANCEBERNSTEIN L.P. | Added | +1.4m |
Biggest sellers
| Clayton, Dubilier & Rice, LLC | Sold out | -49.7m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -2.5m |
| MARSHALL WACE, LLP | Sold out | -1.6m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.3m |
| JANUS HENDERSON GROUP PLC | Reduced | -913.4k |
| JANE STREET GROUP, LLC | Reduced | -903.3k |
| Amundi | Reduced | -811.4k |
| TWO SIGMA ADVISERS, LP | Reduced | -641.0k |
| FIRST TRUST ADVISORS LP | Reduced | -606.2k |
| SAMLYN CAPITAL, LLC | Reduced | -585.2k |
Biggest calls
| PEAK6 Investments LLC | Added | $27.8m485.0k shares |
| Interval Partners, LP | New | $14.9m2.6k shares |
| SIMPLEX TRADING, LLC | Added | $8.5m148.2k shares |
| CITADEL ADVISORS LLC | Added | $8.4m147.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $6.3m110.9k shares |
| MILLENNIUM MANAGEMENT LLC | New | $5.9m103.6k shares |
| BARCLAYS PLC | New | $2.5m43.3k shares |
| Cubist Systematic Strategies, LLC | New | $1.8m31.3k shares |
| IMC-Chicago, LLC | New | $1.8m30.6k shares |
| Squarepoint Ops LLC | New | $967.5k16.9k shares |
Biggest puts
| MAVERICK CAPITAL LTD | Added | $133.8m2.3m shares |
| SIMPLEX TRADING, LLC | Added | $25.3m441.3k shares |
| JANE STREET GROUP, LLC | Added | $21.6m377.6k shares |
| NOMURA HOLDINGS INC | Added | $17.9m312.3k shares |
| Squarepoint Ops LLC | Added | $16.4m287.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.1m264.6k shares |
| CITADEL ADVISORS LLC | Reduced | $12.2m213.2k shares |
| Caption Management, LLC | Unchanged | $11.4m200.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $6.8m118.2k shares |
| Greenland Capital Management LP | New | $4.0m70.0k 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 Q1 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.
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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2023 | 0 | — | 4 | $7.7m | $7.7m |
| Q1 2024 | 0 | — | 7 | $33.5m | $30.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-22 | Whittenburg Mark G General Counsel and Secretary | Sold | $2.9m50.0k shares |
| 2024-03-22 | Stephens John Weldon Chief Accounting Officer | Sold plan | $868.6k15.0k shares |
| 2024-03-07 | Stephens John Weldon VP, Corp. Controller | Sold plan | $2.2m43.9k shares |
| 2024-03-04 | Stephens John Weldon VP, Corp. Controller | Sold plan | $55.0k1.1k shares |
| 2024-02-22 | Kimbrough Orvin T Director | Sold plan | $430.2k9.5k shares |
| 2024-02-21 | Kimbrough Orvin T Director | Sold plan | $14.1k313 shares |
| 2024-02-16 | Kimbrough Orvin T Director | Sold plan | $8.4k187 shares |
| 2024-02-12 | LeClair Stephen O Chief Executive Officer, director | Sold plan | $6.6m150.0k shares |
| 2024-02-12 | Schneider Laura K Chief Human Resources Officer | Sold plan | $4.4m100.0k shares |
| 2024-02-12 | Giles Jeffrey D VP, Corporate Department | Sold plan | $1.8m40.0k shares |
| 2024-02-12 | Kimbrough Orvin T Director | Sold plan | $220.8k5.0k shares |
| 2024-01-25 | CD&R Investment Associates X, Ltd. +6 10% owner · By Affiliate | Sold | $939.0m22.9m shares |
| 2024-01-16 | Schaller John R President · By Trust | Sold plan | $2.0m50.0k shares |
| 2024-01-12 | Kimbrough Orvin T Director | Sold plan | $205.3k5.0k shares |
| 2024-01-11 | LeClair Stephen O Chief Executive Officer, director | Sold plan | $6.1m150.0k shares |
| 2024-01-11 | Schneider Laura K Chief Human Resources Officer | Sold plan | $4.1m100.0k shares |
| 2024-01-11 | Giles Jeffrey D VP, Corporate Department | Sold plan | $1.6m40.0k shares |
| 2024-01-10 | CD&R Investment Associates X, Ltd. +6 10% owner · By Affiliate | Sold | $864.4m22.7m 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.03% of their portfolio | 19.6m $1.1bn | Added +7.3m |
| VANGUARD GROUP INC 0.02% of their portfolio | 18.1m $1.0bn | Added +4.7m |
| Select Equity Group, L.P. 3.18% of their portfolio | 15.4m $880.9m | Added +6.2m |
| MORGAN STANLEY 0.02% of their portfolio | 12.8m $733.1m | Added +4.2m |
| FMR LLC 0.03% of their portfolio | 8.2m $469.9m | Added +809.1k |
| Pictet Asset Management Holding SA 0.48% of their portfolio | 7.7m $438.5m | Added +1.3m |
| JANUS HENDERSON GROUP PLC 0.16% of their portfolio | 5.2m $298.0m | Reduced -913.4k |
| Capital International Investors 0.06% of their portfolio | 5.1m $291.6m | Added +4.2m |
| STATE STREET CORP 0.01% of their portfolio | 5.0m $284.0m | Added +1.2m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 4.6m $262.7m | Reduced -283.4k |
| Invesco Ltd. 0.06% of their portfolio | 4.5m $259.4m | Added +446.0k |
| SAMLYN CAPITAL, LLC 3.41% of their portfolio | 3.4m $196.4m | Reduced -585.2k |
| Pacer Advisors, Inc. 0.40% of their portfolio | 3.1m $175.8m | Added +799.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.7m $157.2m | Added +666.3k |
| Anomaly Capital Management, LP 5.36% of their portfolio | 2.7m $152.0m | New |
| Artemis Investment Management LLP 1.97% of their portfolio | 2.7m $151.7m | Added +1.6m |
| BESSEMER GROUP INC 0.27% of their portfolio | 2.6m $148.1m | Added +2.3m |
| Handelsbanken Fonder AB 0.63% of their portfolio | 2.6m $146.7m | Reduced -145.1k |
| Amundi 0.06% of their portfolio | 2.5m $138.7m | Reduced -811.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.35% of their portfolio | 2.4m $138.6m | Added +906.3k |
| NORGES BANK 0.02% of their portfolio | 2.4m $135.6m | Added +653.3k |
| FIDUCIARY MANAGEMENT INC /WI/ 1.19% of their portfolio | 2.3m $133.7m | Added +33.2k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 2.2m $127.3m | Reduced -396.0k |
| Zurich Insurance Group Ltd/FI 1.14% of their portfolio | 2.2m $125.2m | Added +171.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.42% of their portfolio | 2.1m $120.1m | Added +1.7m |
| FIRST TRUST ADVISORS LP 0.10% of their portfolio | 1.8m $102.9m | Reduced -606.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.7m $99.3m | Added +386.1k |
| Swedbank AB 0.14% of their portfolio | 1.7m $98.9m | Reduced -23.0k |
| LORD, ABBETT & CO. LLC 0.16% of their portfolio | 1.7m $95.7m | Added +630.8k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.6m $92.8m | Added +1.4m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.6m $90.5m | Added +289.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.6m $89.7m | Added +375.3k |
| TWO SIGMA ADVISERS, LP 0.20% of their portfolio | 1.5m $85.7m | Reduced -641.0k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.75% of their portfolio | 1.5m $84.9m | Reduced -252.2k |
| Artisan Partners Limited Partnership 0.12% of their portfolio | 1.4m $80.0m | New |
| ACK Asset Management LLC 9.02% of their portfolio | 1.4m $77.4m | Unchanged |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $73.6m | Added +240.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio | 1.3m $73.1m | Reduced -2.5m |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 1.3m $72.6m | Added +765.8k |
| Driehaus Capital Management LLC 0.71% of their portfolio | 1.3m $71.7m | Added +112.8k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 1.2m $71.5m | Added +1.2m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.2m $69.0m | Added +165.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.2m $68.1m | Added +1.0m |
| Robeco Schweiz AG 1.15% of their portfolio | 1.1m $65.8m | Reduced -403.3k |
| Allianz Asset Management GmbH 0.11% of their portfolio | 1.1m $65.7m | Added +1.1m |
| Point72 Asset Management, L.P. 0.18% of their portfolio | 1.1m $63.0m | Reduced -126.7k |
| KBC Group NV 0.20% of their portfolio | 1.1m $62.8m | Added +270.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.0m $59.7m | Reduced -155.3k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.40% of their portfolio | 1.0m $59.3m | Reduced -57.9k |
| TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio | 951.1k $54.4m | Reduced -1.3m |
| JUPITER ASSET MANAGEMENT LTD 0.50% of their portfolio | 909.2k $52.1m | New |
| FIL Ltd 0.05% of their portfolio | 868.5k $49.7m | Reduced -545.7k |
| Skandinaviska Enskilda Banken AB (publ) 0.22% of their portfolio | 799.4k $45.8m | Added +369.4k |
| ArrowMark Colorado Holdings LLC 0.50% of their portfolio | 773.6k $44.3m | New |
| Pembroke Management, LTD 4.70% of their portfolio | 698.0k $40.0m | Reduced -67.8k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 684.6k $39.2m | Added +106.5k |
| CDAM (UK) Ltd 4.82% of their portfolio | 677.2k $38.8m | New |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 668.5k $38.3m | Added +208.8k |
| KENSICO CAPITAL MANAGEMENT CORP 1.21% of their portfolio | 641.3k $36.7m | New |
| Forest Avenue Capital Management LP 8.76% of their portfolio | 622.9k $35.7m | Added +299.1k |
| Hill City Capital, LP 2.52% of their portfolio | 597.4k $34.2m | Added +2.4k |
| DF DENT & CO INC 0.40% of their portfolio | 568.1k $32.5m | Reduced -5.1k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.39% of their portfolio | 565.7k $32.4m | Reduced -33.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 538.6k $30.8m | Reduced -93.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 519.3k $29.7m | New |
| GILDER GAGNON HOWE & CO LLC 0.36% of their portfolio | 509.6k $29.2m | Added +170.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 507.3k $29.0m | Reduced -502.2k |
| Lighthouse Investment Partners, LLC 1.66% of their portfolio | 493.0k $28.2m | Added +243.0k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 479.1k $27.4m | Added +92.5k |
| Woodline Partners LP 0.25% of their portfolio | 465.8k $26.7m | Reduced -125.9k |
| Legal & General Group Plc 0.01% of their portfolio | 455.0k $26.0m | Reduced -4.8k |
| BARCLAYS PLC 0.01% of their portfolio | 438.2k $25.1m | Added +74.0k |
| Schonfeld Strategic Advisors LLC 0.20% of their portfolio | 433.1k $24.8m | Added +197.1k |
| MACKENZIE FINANCIAL CORP 0.04% of their portfolio | 426.6k $24.4m | Added +43.4k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 426.0k $24.2m | Added +266.2k |
| Impax Asset Management Group plc 0.09% of their portfolio | 425.8k $24.4m | Reduced -115.4k |
| Zimmer Partners, LP 0.53% of their portfolio | 425.0k $24.3m | New |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 421.1k $24.1m | Reduced -116.6k |
| Thematics Asset Management 1.00% of their portfolio | 419.0k $24.0m | Reduced -146.0k |
| Swiss National Bank 0.02% of their portfolio | 378.5k $21.7m | Added +117.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 373.5k $21.4m | Reduced -2.7k |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 373.0k $21.4m | Added +26.6k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 362.9k $20.8m | Added +355.6k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 339.6k $19.4m | Added +161.6k |
| Polar Capital Holdings Plc 0.10% of their portfolio | 338.1k $19.4m | Added +7.5k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.39% of their portfolio | 334.6k $19.2m | Reduced -88.6k |
| Hood River Capital Management LLC 0.42% of their portfolio | 327.5k $18.8m | Reduced -423.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 322.1k $18.4m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 317.5k $18.2m | Reduced -33.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 311.3k $17.8m | Added +65.6k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 1.23% of their portfolio | 300.0k $17.2m | New |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 273.6k $15.7m | Added +215.5k |
| Atika Capital Management LLC 1.69% of their portfolio | 263.0k $15.1m | Added +63.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 260.7k $14.9m | New |
| Twin Tree Management, LP 0.33% of their portfolio | 252.9k $14.5m | New |
| SEVEN GRAND MANAGERS, LLC 7.01% of their portfolio | 250.0k $14.3m | Added +166.2k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 246.2k $14.1m | Reduced -903.3k |
| Perpetual Ltd 0.13% of their portfolio | 240.3k $13.8m | Reduced -7.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 233.8k $13.4m | Added +70.8k |
| Clear Harbor Asset Management, LLC 1.16% of their portfolio | 231.1k $13.2m | Added +5.9k |