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 ($1.3m this quarter). Holder counts are more reliable. Shares outstanding: 29.0m as of 2025-02-25, 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 ≈ $152.39. Options: 9 managers hold calls ($16.7m notional), 12 hold puts ($19.1m).
Trends to Q1 2025
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 |
| Q4 2023 | 274 |
| Q1 2024 | 293 |
| Q2 2024 | 325 |
| Q3 2024 | 354 |
| Q4 2024 | 347 |
| Q1 2025 | 348 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 106 | 148 |
| Q3 2023 | 103 | 150 |
| Q4 2023 | 127 | 115 |
| Q1 2024 | 117 | 142 |
| Q2 2024 | 169 | 140 |
| Q3 2024 | 163 | 167 |
| Q4 2024 | 154 | 176 |
| Q1 2025 | 158 | 184 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $24.5m | $25.4m | 1.04 |
| Q3 2024 | $26.9m | $16.4m | 0.61 |
| Q4 2024 | $14.2m | $30.2m | 2.13 |
| Q1 2025 | $16.7m | $19.1m | 1.14 |
Biggest buyers
| Assenagon Asset Management S.A. | Added | +305.8k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +280.3k |
| SG Capital Management LLC | New | +277.4k |
| Freestone Grove Partners LP | New | +248.0k |
| Point72 Asset Management, L.P. | Added | +230.2k |
| FIRST TRUST ADVISORS LP | Added | +139.8k |
| MARSHALL WACE, LLP | Added | +120.6k |
| Hill City Capital, LP | Added | +120.0k |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | +102.2k |
| Squarepoint Ops LLC | Added | +98.8k |
Biggest sellers
| Alyeska Investment Group, L.P. | Sold out | -463.0k |
| BlackRock, Inc. | Reduced | -344.5k |
| NORGES BANK | Reduced | -305.0k |
| Cresset Asset Management, LLC | Reduced | -219.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -198.1k |
| FMR LLC | Reduced | -187.8k |
| Gryphon Financial Partners LLC | Reduced | -154.6k |
| Invesco Ltd. | Reduced | -93.1k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC | Reduced | -85.4k |
| Harvey Partners, LLC | Sold out | -85.0k |
Biggest calls
| J. Goldman & Co LP | New | $6.7m43.8k shares |
| CITADEL ADVISORS LLC | Added | $3.5m23.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.8m18.3k shares |
| PEAK6 LLC | New | $2.1m13.8k shares |
| JANE STREET GROUP, LLC | Added | $822.6k5.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $396.0k2.6k shares |
| WOLVERINE TRADING, LLC | Added | $384.7k2.5k shares |
| GROUP ONE TRADING LLC | Reduced | $15.2k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $6.7m43.9k shares |
| Interval Partners, LP | New | $4.5m29.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.8m18.4k shares |
| BARCLAYS PLC | New | $2.6m17.3k shares |
| JANE STREET GROUP, LLC | Reduced | $822.6k5.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $807.0k5.3k shares |
| WOLVERINE TRADING, LLC | Added | $461.7k3.0k shares |
| SIG BROKERAGE, LP | New | $304.7k2.0k shares |
| RAYMOND JAMES FINANCIAL INC | Unchanged | $90.0k500 shares |
| PEAK6 LLC | New | $30.5k200 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 Q1 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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $286.2k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 1 | $30.9k | — |
| Q3 2024 | 0 | — | 1 | $149.4k | — |
| Q4 2024 | 0 | — | 1 | $74.4k | — |
| Q1 2025 | 0 | — | 1 | $507.7k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-01-10 | Pruitt Peter T Jr Director | Sold | $507.7k2.9k 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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 4.4m $669.0m | Reduced -344.5k |
| PECONIC PARTNERS LLC 28.88% of their portfolio | 3.7m $565.5m | Added +58.7k |
| VANGUARD GROUP INC 0.01% of their portfolio | 3.1m $471.4m | Reduced -52.7k |
| MILLENNIUM MANAGEMENT LLC 0.22% of their portfolio | 1.5m $225.7m | Added +45.6k |
| STATE STREET CORP 0.01% of their portfolio | 1.1m $172.3m | Reduced -46.7k |
| Hill City Capital, LP 11.00% of their portfolio | 969.8k $147.7m | Added +120.0k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 686.2k $104.5m | Reduced -37.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 673.7k $102.6m | Added +14.5k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 636.2k $96.9m | Added +139.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 609.4k $92.8m | Reduced -21.1k |
| Point72 Asset Management, L.P. 0.19% of their portfolio | 454.4k $69.2m | Added +230.2k |
| Assenagon Asset Management S.A. 0.11% of their portfolio | 399.2k $60.8m | Added +305.8k |
| MORGAN STANLEY 0.00% of their portfolio | 393.2k $59.9m | Added +66.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 392.5k $59.8m | Reduced -17.9k |
| ACK Asset Management LLC 9.58% of their portfolio | 382.8k $58.3m | Reduced -62.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 316.5k $48.2m | Reduced -4.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 293.4k $44.7m | Added +26.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 289.8k $44.1m | Added +280.3k |
| SG Capital Management LLC 4.25% of their portfolio | 277.4k $42.3m | New |
| HENNESSY ADVISORS INC 1.33% of their portfolio | 262.9k $40.1m | Reduced -25.7k |
| Aristotle Capital Boston, LLC 1.97% of their portfolio | 258.6k $39.4m | Reduced -59.5k |
| Freestone Grove Partners LP 0.39% of their portfolio | 248.0k $37.8m | New |
| Invesco Ltd. 0.01% of their portfolio | 212.2k $32.3m | Reduced -93.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.07% of their portfolio | 210.4k $32.0m | Reduced -7.6k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 198.7k $30.3m | Reduced -24.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 190.7k $29.1m | Reduced -9.9k |
| Appian Way Asset Management LP 6.84% of their portfolio | 189.7k $28.9m | Added +98.5k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 3.96% of their portfolio | 179.7k $27.4m | Reduced -43.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 177.8k $27.1m | Added +1.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 163.6k $24.9m | Reduced -198.1k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC 2.66% of their portfolio | 162.6k $24.8m | Reduced -85.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 159.8k $24.3m | Added +64.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 150.4k $22.9m | Added +1.6k |
| REAVES W H & CO INC 0.55% of their portfolio | 141.1k $21.5m | Added +23.7k |
| Nuveen, LLC 0.01% of their portfolio | 140.8k $21.5m | First filing |
| UBS Group AG 0.00% of their portfolio | 135.4k $20.6m | Added +37.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 134.8k $20.5m | Reduced -6.7k |
| Squarepoint Ops LLC 0.05% of their portfolio | 132.4k $20.2m | Added +98.8k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 128.1k $19.5m | Added +120.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 121.8k $18.6m | Reduced -54.8k |
| GLENMEDE TRUST CO NA 0.09% of their portfolio | 114.8k $17.5m | Reduced -3.8k |
| J. Goldman & Co LP 0.59% of their portfolio | 108.5k $16.5m | Added +18.2k |
| Interval Partners, LP 0.58% of their portfolio | 107.9k $16.4m | Reduced -428 |
| Penn Capital Management Company, LLC 1.60% of their portfolio | 107.5k $16.4m | Added +33.8k |
| FMR LLC 0.00% of their portfolio | 107.4k $16.4m | Reduced -187.8k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.14% of their portfolio | 102.2k $15.6m | New |
| Public Sector Pension Investment Board 0.06% of their portfolio | 92.6k $14.1m | Added +20.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 91.4k $13.9m | Added +35.2k |
| Legal & General Group Plc 0.00% of their portfolio | 82.2k $12.5m | Added +677 |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 81.2k $12.4m | Reduced -219 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 81.1k $12.3m | Added +19.1k |
| Portolan Capital Management, LLC 0.94% of their portfolio | 81.0k $12.3m | Added +57.8k |
| Applied Fundamental Research, LLC 9.64% of their portfolio | 75.5k $11.5m | Added +24.5k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 73.1k $11.1m | Added +48.3k |
| Schonfeld Strategic Advisors LLC 0.07% of their portfolio | 71.7k $10.9m | Added +9.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 71.0k $10.8m | Reduced -5.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 69.7k $10.6m | Added +5.0k |
| ARS Investment Partners, LLC 1.08% of their portfolio | 68.5k $11.9m | Reduced -99 |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 63.0k $9.6m | New |
| PINNACLE ASSOCIATES LTD 0.13% of their portfolio | 58.6k $8.9m | Reduced -1.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 57.5k $8.8m | Added +21.6k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.29% of their portfolio | 57.1k $8.7m | Added +1.8k |
| SIR Capital Management, L.P. 0.76% of their portfolio | 57.0k $8.7m | Added +36.2k |
| Man Group plc 0.03% of their portfolio | 56.7k $8.6m | Added +35.2k |
| Swiss National Bank 0.01% of their portfolio | 56.5k $8.6m | Reduced -700 |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 55.4k $8.4m | Added +46.0k |
| Dana Investment Advisors, Inc. 0.29% of their portfolio | 54.0k $8.2m | Reduced -1.4k |
| OVERSEA-CHINESE BANKING Corp Ltd 0.22% of their portfolio | 50.2k $7.7m | Added +235 |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 46.9k $7.1m | Added +35.3k |
| BARCLAYS PLC 0.00% of their portfolio | 46.0k $7.0m | Reduced -11.0k |
| CITIGROUP INC 0.01% of their portfolio | 45.8k $7.0m | Added +989 |
| Advisors Asset Management, Inc. 0.13% of their portfolio | 43.7k $6.7m | Added +1.9k |
| Impax Asset Management Group plc 0.04% of their portfolio | 43.0k $6.6m | Unchanged |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 42.4k $6.5m | Reduced -1.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 41.5k $6.3m | Added +28.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 37.5k $5.7m | Reduced -2.5k |
| Jefferies Financial Group Inc. 0.10% of their portfolio | 36.8k $5.6m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 36.6k $5.6m | Reduced -6.0k |
| Atom Investors LP 0.67% of their portfolio | 36.0k $5.5m | New |
| Callahan Advisors, LLC 0.52% of their portfolio | 35.9k $5.5m | Added +4.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 35.7k $5.4m | Added +8.1k |
| INTECH INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 35.3k $5.4m | Added +21.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 35.1k $5.3m | Reduced -464 |
| First Washington CORP 1.81% of their portfolio | 33.8k $5.2m | Unchanged |
| Trexquant Investment LP 0.06% of their portfolio | 31.4k $4.8m | New |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 30.6k $4.7m | Added +5 |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 28.6k $4.4m | Reduced -30.9k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 28.6k $4.4m | Reduced -2.6k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 27.3k $4.2m | Added +13.8k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 27.2k $4.1m | New |
| 12th Street Asset Management Company, LLC 0.71% of their portfolio | 27.2k $4.1m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 26.9k $4.1m | Reduced -299 |
| South Dakota Investment Council 0.08% of their portfolio | 26.0k $4.0m | Unchanged |
| Aberdeen Group plc 0.01% of their portfolio | 25.9k $3.9m | Added +1.3k |
| EFG Asset Management (North America) Corp. 0.64% of their portfolio | 25.2k $3.8m | Reduced -72 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 24.0k $3.7m | Added +2.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 23.0k $3.5m | Reduced -2.3k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 21.4k $3.3m | Reduced -1.1k |
| State of Alaska, Department of Revenue 0.04% of their portfolio | 21.2k $3.2m | Reduced -337 |
| RICE HALL JAMES & ASSOCIATES, LLC 0.18% of their portfolio | 19.8k $3.0m | Added +3.6k |