DYCOM INDS INC DY
COM · Common Stock · CUSIP 267475101 · ISIN US2674751019
- SectorIndustrials
- IndustryWater, Sewer, Pipeline, Comm & Power Line Construction
- HeadquartersWest Palm Beach, FL
- 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 ($283.2k this quarter). Holder counts are more reliable. Shares outstanding: 29.3m as of 2023-08-22, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $89.35. Options: 11 managers hold calls ($13.2m notional), 8 hold puts ($10.0m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 277 |
| Q4 2022 | 257 |
| Q1 2023 | 270 |
| Q2 2023 | 259 |
| Q3 2023 | 245 |
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 | 116 | 145 |
| Q1 2023 | 150 | 128 |
| Q2 2023 | 106 | 148 |
| Q3 2023 | 103 | 150 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $6.2m | $9.8m | 1.58 |
| Q1 2023 | $15.2m | $16.2m | 1.07 |
| Q2 2023 | $18.0m | $20.9m | 1.16 |
| Q3 2023 | $13.2m | $10.0m | 0.76 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +173.7k |
| Weiss Multi-Strategy Advisers LLC | New | +150.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +146.5k |
| Balyasny Asset Management L.P. | New | +133.3k |
| Man Group plc | New | +112.3k |
| Assenagon Asset Management S.A. | Added | +104.6k |
| PECONIC PARTNERS LLC | Added | +91.1k |
| WELLS FARGO & COMPANY/MN | Added | +72.4k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC | Added | +66.2k |
| TUDOR INVESTMENT CORP ET AL | New | +55.3k |
Biggest sellers
| Aristotle Capital Boston, LLC | Reduced | -231.2k |
| ExodusPoint Capital Management, LP | Reduced | -148.8k |
| BlackRock Inc. | Reduced | -124.6k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -108.6k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -78.9k |
| Nuveen Asset Management, LLC | Reduced | -57.0k |
| Schonfeld Strategic Advisors LLC | Sold out | -56.7k |
| Bank of New York Mellon Corp | Reduced | -56.1k |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -55.5k |
| Man Group plc | Sold out | -53.4k |
Biggest calls
| SIMPLEX TRADING, LLC | Added | $3.5m39.8k shares |
| CITADEL ADVISORS LLC | Added | $3.1m35.3k shares |
| JANE STREET GROUP, LLC | Added | $1.7m19.6k shares |
| IMC-Chicago, LLC | New | $1.5m16.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.4m16.1k shares |
| Walleye Capital LLC | Added | $542.9k6.1k shares |
| WOLVERINE TRADING, LLC | Added | $525.1k5.9k shares |
| PEAK6 Investments LLC | Reduced | $453.9k5.1k shares |
| Walleye Trading LLC | Reduced | $284.8k3.2k shares |
| GROUP ONE TRADING LLC | Reduced | $8.9k100 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.7m41.5k shares |
| Walleye Capital LLC | Reduced | $2.3m26.4k shares |
| CITADEL ADVISORS LLC | Added | $2.1m23.7k shares |
| IMC-Chicago, LLC | New | $1.0m11.6k shares |
| SIMPLEX TRADING, LLC | Added | $569.0k6.4k shares |
| PEAK6 Investments LLC | Reduced | $160.2k1.8k shares |
| Walleye Trading LLC | Reduced | $53.4k600 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 -2.0 pts · filed 2026-07-28 | 9.1% |
| MILLENNIUM MANAGEMENT LLC 13G · passive investor +1.6 pts · filed 2026-10-07 | 5.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
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 | — | 0 | — | — |
| Q3 2022 | 0 | — | 2 | $12.9m | — |
| Q4 2022 | 0 | — | 3 | $729.8k | — |
| Q1 2023 | 0 | — | 2 | $1.3m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 4.4m $394.8m | Reduced -124.6k |
| PECONIC PARTNERS LLC 16.83% of their portfolio | 3.2m $288.7m | Added +91.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 3.1m $279.6m | Reduced -15.2k |
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 1.8m $162.1m | Reduced -108.6k |
| MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio | 1.3m $116.8m | Added +146.5k |
| STATE STREET CORP 0.01% of their portfolio | 1.0m $93.0m | Added +12.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 1.0m $92.9m | Reduced -55.5k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 993.5k $88.4m | Reduced -78.9k |
| FMR LLC 0.01% of their portfolio | 674.8k $60.1m | Added +19.8k |
| Hill City Capital, LP 7.19% of their portfolio | 602.3k $53.6m | Unchanged |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 6.25% of their portfolio | 599.8k $53.4m | Reduced -13.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 579.1k $51.5m | Added +21.8k |
| Aristotle Capital Boston, LLC 1.42% of their portfolio | 493.3k $43.9m | Reduced -231.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 400.9k $35.7m | Added +12.8k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC 3.20% of their portfolio | 368.5k $32.8m | Added +38.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 359.9k $32.0m | Reduced -56.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 317.4k $28.3m | Reduced -1.3k |
| NORGES BANK 0.01% of their portfolio | 278.1k $24.7m | Reduced -8.2k |
| MORGAN STANLEY 0.00% of their portfolio | 260.2k $23.2m | Reduced -4.7k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 237.8k $21.2m | Reduced -28.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.12% of their portfolio | 236.0k $21.0m | Reduced -28.4k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 199.4k $17.7m | Added +27.1k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 174.1k $15.5m | Added +173.7k |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 167.8k $14.9m | Added +13.4k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 3.29% of their portfolio | 166.3k $14.8m | Added +66.2k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 165.6k $14.7m | Reduced -571 |
| Gryphon Financial Partners LLC 3.47% of their portfolio | 163.8k $14.6m | Unchanged |
| SEI INVESTMENTS CO 0.03% of their portfolio | 158.5k $14.1m | Reduced -35.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 153.6k $13.7m | Reduced -36.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 150.6k $13.4m | Reduced -12.8k |
| Weiss Multi-Strategy Advisers LLC 0.33% of their portfolio | 150.0k $13.3m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 142.4k $12.7m | Reduced -10.3k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 133.3k $11.9m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 130.5k $11.6m | Added +72.4k |
| Applied Fundamental Research, LLC 8.36% of their portfolio | 129.2k $11.5m | Reduced -535 |
| Smith, Graham & Co., Investment Advisors, LP 1.43% of their portfolio | 129.2k $11.5m | Reduced -1.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.07% of their portfolio | 128.0k $11.4m | Added +8.8k |
| CHARTWELL INVESTMENT PARTNERS, LLC 0.44% of their portfolio | 127.5k $11.4m | Reduced -8.4k |
| Invesco Ltd. 0.00% of their portfolio | 122.8k $10.9m | Added +8.3k |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 117.9k $10.5m | Added +104.6k |
| GLENMEDE TRUST CO NA 0.06% of their portfolio | 117.4k $10.5m | Reduced -1.9k |
| Man Group plc 0.03% of their portfolio | 112.3k $10.0m | New |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.28% of their portfolio | 105.9k $9.4m | Reduced -6.6k |
| Impax Asset Management Group plc 0.04% of their portfolio | 101.5k $9.0m | Added +17.5k |
| SCOUT INVESTMENTS, INC. 0.20% of their portfolio | 99.6k $8.6m | Reduced -2.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 88.6k $7.9m | Reduced -734 |
| Legal & General Group Plc 0.00% of their portfolio | 82.8k $7.4m | Reduced -2.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 78.6k $7.0m | Reduced -57.0k |
| PINNACLE ASSOCIATES LTD 0.11% of their portfolio | 65.4k $5.8m | Reduced -584 |
| Swiss National Bank 0.00% of their portfolio | 64.5k $5.7m | Added +700 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 60.0k $5.3m | Reduced -22.6k |
| TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio | 55.3k $4.9m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 54.9k $4.9m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 53.4k $4.8m | Reduced -13.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 51.1k $4.6m | Reduced -2.0k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 50.4k $4.5m | Added +2.5k |
| Appian Way Asset Management LP 1.50% of their portfolio | 49.5k $4.4m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 46.0k $4.1m | Reduced -877 |
| First Washington CORP 1.64% of their portfolio | 45.6k $4.1m | Reduced -10.5k |
| UBS Group AG 0.00% of their portfolio | 44.5k $4.0m | Reduced -9.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 42.6k $3.8m | Reduced -1.3k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 36.2k $3.2m | Reduced -15.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 34.9k $3.1m | Added +8.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 34.5k $3.1m | Reduced -2.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 33.2k $3.0m | Added +1.2k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 32.4k $2.9m | Added +32 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 32.3k $2.9m | Reduced -3.1k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 32.0k $2.9m | Reduced -1.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 27.7k $2.5m | Added +3.3k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 27.3k $2.4m | Added +14.7k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 26.8k $2.4m | Reduced -1.3k |
| Holocene Advisors, LP 0.01% of their portfolio | 26.2k $2.3m | Reduced -14.0k |
| South Dakota Investment Council 0.05% of their portfolio | 26.1k $2.3m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 25.4k $2.3m | Reduced -181 |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 25.1k $2.2m | Added +489 |
| TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio | 24.9k $2.2m | Reduced -941 |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 24.9k $2.2m | Added +1.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 24.4k $2.2m | Reduced -1.3k |
| COMERICA BANK 0.01% of their portfolio | 24.0k $2.1m | New |
| Squarepoint Ops LLC 0.01% of their portfolio | 23.2k $2.1m | New |
| SALEM INVESTMENT COUNSELORS INC 0.07% of their portfolio | 21.4k $1.9m | Reduced -1.4k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 21.3k $1.9m | New |
| Schechter Investment Advisors, LLC 0.18% of their portfolio | 21.2k $1.9m | Added +210 |
| Federation des caisses Desjardins du Quebec 0.02% of their portfolio | 21.1k $1.9m | Reduced -1.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 20.6k $1.8m | Added +2.0k |
| Advisors Asset Management, Inc. 0.04% of their portfolio | 20.4k $1.8m | Added +3.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 19.7k $1.8m | Added +2.9k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 19.6k $1.7m | Reduced -13.6k |
| Trexquant Investment LP 0.04% of their portfolio | 19.4k $1.7m | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 18.9k $1.7m | Added +3.3k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 18.3k $1.6m | Reduced -1.1k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio | 17.3k $1.5m | Reduced -612 |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 17.3k $1.5m | New |
| BARCLAYS PLC 0.00% of their portfolio | 17.3k $1.5m | Reduced -19.1k |
| Radnor Capital Management, LLC 0.29% of their portfolio | 16.6k $1.5m | New |
| Engineers Gate Manager LP 0.05% of their portfolio | 16.5k $1.5m | New |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 15.8k $1.4m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 15.8k $1.4m | Added +1.8k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 15.8k $1.4m | Added +329 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 15.7k $1.4m | Reduced -21.9k |