ESAB CORPORATION ESAB
COM · Common Stock · CUSIP 29605J106 · ISIN US29605J1060
- SectorIndustrials
- IndustryGeneral Industrial Machinery & Equipment, NEC
- HeadquartersNorth Bethesda, MD
- 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 ($2.8m this quarter). Holder counts are more reliable. Shares outstanding: 60.4m as of 2024-07-25, 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 ≈ $94.42. Options: 4 managers hold calls ($5.1m notional), 4 hold puts ($1.4m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 228 |
| Q4 2022 | 240 |
| Q1 2023 | 240 |
| Q2 2023 | 265 |
| Q3 2023 | 268 |
| Q4 2023 | 301 |
| Q1 2024 | 322 |
| Q2 2024 | 314 |
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 | 135 | 86 |
| Q1 2023 | 117 | 115 |
| Q2 2023 | 112 | 121 |
| Q3 2023 | 128 | 111 |
| Q4 2023 | 148 | 121 |
| Q1 2024 | 140 | 161 |
| Q2 2024 | 142 | 162 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.8m | $1.0m | 0.57 |
| Q4 2023 | $1.1m | $703.5k | 0.61 |
| Q1 2024 | $3.0m | $1.4m | 0.46 |
| Q2 2024 | $5.1m | $1.4m | 0.27 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +712.2k |
| Champlain Investment Partners, LLC | Added | +504.4k |
| T. Rowe Price Investment Management, Inc. | Added | +489.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +427.5k |
| BlackRock Inc. | Added | +196.2k |
| GOLDMAN SACHS GROUP INC | Added | +169.9k |
| AMERIPRISE FINANCIAL INC | Added | +118.0k |
| Fenimore Asset Management Inc | New | +98.5k |
| Cubist Systematic Strategies, LLC | New | +87.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +85.3k |
Biggest sellers
| MORGAN STANLEY | Reduced | -923.1k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT | Reduced | -547.0k |
| Invesco Ltd. | Reduced | -206.4k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -182.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -120.4k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -112.5k |
| MACQUARIE GROUP LTD | Reduced | -97.9k |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -76.7k |
| AMERICAN INTERNATIONAL GROUP, INC. | Sold out | -75.0k |
| EAGLE ASSET MANAGEMENT INC | Reduced | -64.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.2m33.8k shares |
| CITADEL ADVISORS LLC | Added | $1.4m15.1k shares |
| PEAK6 Investments LLC | Reduced | $453.3k4.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $925.4k9.8k shares |
| CITADEL ADVISORS LLC | Reduced | $321.1k3.4k shares |
| SIMPLEX TRADING, LLC | Added | $132.0k1.4k 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 |
|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +2.4 pts · filed 2026-08-14 | 13.3% |
RALES MITCHELL P
13D · may seek influence
+1.2 pts · filed 2026-06-02
Stated purposePreferred Stock Purchase Agreement As disclosed in the Company's Current Report on Form 8-K filed on June 2, 2026, on June 1, 2026, in connection with the closing of the Acquisition of Eddyfi Holding Inc., the Company completed the private placement of 175,000 shares of its 6.50% Series A Mandatory Convertible Preferred Stock, par value $0.001 per share ("Mandatory Convertible Preferred Stock"), pursuant to that certain Preferred Stock Purchase Agreement dated February 2, 2026 (the "Preferred Stock Purchase Agreement") between the Company and certain institutional investors thereto, including the Reporting Person. MA Long Term Investors, L.P. (the "Family Partnership"), a family partnership affiliated with the Reporting Person, purchased 100,000 shares of Mandatory Convertible Preferred … Full filing |
7.1% |
| T. Rowe Price Investment Management, Inc. 13G · institution -7.0 pts · filed 2026-10-07 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
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 Q2 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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 3 | $43.2k | — |
| Q4 2022 | 1 | $20.0m | 1 | $93.4k | — |
| Q1 2023 | 0 | — | 4 | $852.8k | — |
| Q2 2023 | 0 | — | 2 | $602.3k | — |
| Q3 2023 | 0 | — | 2 | $115.9k | $115.9k |
| Q4 2023 | 0 | — | 4 | $1.2m | $626.9k |
| Q1 2024 | 0 | — | 4 | $1.9m | $1.5m |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| T. Rowe Price Investment Management, Inc. 0.55% of their portfolio | 9.2m $870.0m | Added +489.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 6.9m $647.0m | Added +427.5k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.6m $524.5m | Reduced -3.4k |
| BlackRock Inc. 0.01% of their portfolio | 5.0m $474.7m | Added +196.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.1m $295.0m | Added +712.2k |
| FMR LLC 0.01% of their portfolio | 2.1m $195.4m | Reduced -42.4k |
| NEUBERGER BERMAN GROUP LLC 0.14% of their portfolio | 1.8m $174.4m | Added +24.4k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.7m $158.7m | Reduced -112.5k |
| STATE STREET CORP 0.01% of their portfolio | 1.6m $154.7m | Reduced -6.0k |
| Invesco Ltd. 0.03% of their portfolio | 1.4m $133.9m | Reduced -206.4k |
| COOKE & BIELER LP 1.10% of their portfolio | 1.2m $114.2m | Reduced -27.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 969.5k $91.6m | Added +53.8k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 853.6k $80.6m | Added +118.0k |
| DAVENPORT & Co LLC 0.49% of their portfolio | 812.9k $77.0m | Added +1.2k |
| Champlain Investment Partners, LLC 0.47% of their portfolio | 810.2k $76.5m | Added +504.4k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 751.4k $71.0m | Reduced -28.8k |
| ROYCE & ASSOCIATES LP 0.61% of their portfolio | 690.3k $65.2m | Reduced -784 |
| TD Asset Management Inc 0.05% of their portfolio | 531.1k $50.2m | Added +27.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 509.1k $48.1m | Added +2.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 502.8k $47.5m | Added +31.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 490.5k $46.3m | Added +21.0k |
| EAGLE ASSET MANAGEMENT INC 0.23% of their portfolio | 467.7k $43.4m | Reduced -64.1k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.18% of their portfolio | 452.8k $42.8m | Reduced -18.2k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 432.4k $40.8m | Added +29.5k |
| TimesSquare Capital Management, LLC 0.64% of their portfolio | 429.1k $40.5m | Reduced -42.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 416.8k $39.4m | Reduced -30.2k |
| MORGAN STANLEY 0.00% of their portfolio | 377.6k $35.7m | Reduced -923.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 349.0k $33.0m | Added +169.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 271.9k $25.7m | Reduced -20.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 221.7k $20.9m | Added +85.3k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 215.2k $20.3m | Added +49.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 199.0k $18.8m | Reduced -52.2k |
| Front Street Capital Management, Inc. 3.26% of their portfolio | 180.4k $17.0m | Reduced -1.2k |
| Granite Investment Partners, LLC 0.67% of their portfolio | 172.3k $16.3m | Reduced -53.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 161.3k $15.2m | Added +71.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 161.2k $15.2m | Reduced -394 |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 154.7k $14.6m | Added +38.6k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.87% of their portfolio | 150.7k $14.2m | Added +21.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 149.7k $14.1m | Reduced -2.3k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 147.3k $13.9m | Added +18.3k |
| FIL Ltd 0.01% of their portfolio | 144.0k $13.6m | Added +64.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 143.9k $13.6m | Reduced -41.7k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 142.2k $13.4m | Reduced -19.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 137.7k $13.0m | Added +31.3k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT 3.33% of their portfolio | 128.7k $12.2m | Reduced -547.0k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 119.4k $11.3m | Reduced -7.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 115.8k $10.9m | Added +355 |
| Swiss National Bank 0.01% of their portfolio | 112.7k $10.6m | Reduced -300 |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 110.7k $10.5m | Reduced -62.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 103.3k $9.8m | Added +182 |
| Fenimore Asset Management Inc 0.20% of their portfolio | 98.5k $9.3m | New |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.16% of their portfolio | 94.4k $8.9m | Reduced -40.8k |
| Cubist Systematic Strategies, LLC 0.14% of their portfolio | 87.7k $8.3m | New |
| Legal & General Group Plc 0.00% of their portfolio | 86.5k $8.2m | Added +2.4k |
| STRS OHIO 0.03% of their portfolio | 76.6k $7.2m | Reduced -16.5k |
| GUGGENHEIM CAPITAL LLC 0.05% of their portfolio | 76.4k $7.2m | Reduced -17.0k |
| ZACKS INVESTMENT MANAGEMENT 0.08% of their portfolio | 71.9k $6.8m | Added +2.8k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 71.8k $6.8m | First filing |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 71.7k $6.8m | Added +5.8k |
| Retirement Systems of Alabama 0.03% of their portfolio | 70.1k $6.6m | Reduced -1.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.03% of their portfolio | 67.7k $6.4m | Reduced -4.5k |
| Dorsey Wright & Associates 1.61% of their portfolio | 65.6k $6.2m | Added +674 |
| Edgestream Partners, L.P. 0.29% of their portfolio | 64.2k $6.1m | Added +19.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 63.8k $6.0m | Reduced -2.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 60.2k $5.7m | Added +53.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 57.6k $5.4m | Added +1.8k |
| Homestead Advisers Corp 0.13% of their portfolio | 57.2k $5.4m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 55.9k $5.3m | Reduced -1.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 51.6k $4.9m | Reduced -9 |
| Lighthouse Investment Partners, LLC 0.27% of their portfolio | 50.9k $4.8m | Added +25.5k |
| Keeley-Teton Advisors, LLC 0.61% of their portfolio | 50.8k $4.8m | Reduced -4.1k |
| STEPHENS INC /AR/ 0.07% of their portfolio | 50.5k $4.8m | Reduced -953 |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 50.0k $4.7m | Reduced -43.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 48.2k $4.6m | Added +25.2k |
| Rheos Capital Works Inc. 0.23% of their portfolio | 46.7k $4.4m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 46.5k $4.4m | Reduced -811 |
| SG Americas Securities, LLC 0.03% of their portfolio | 45.4k $4.3m | Reduced -21.4k |
| Hudson Value Partners, LLC 1.77% of their portfolio | 44.4k $4.2m | Reduced -1.4k |
| Caisse de depot et placement du Quebec 0.01% of their portfolio | 43.9k $4.1m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 41.7k $3.9m | Added +4.1k |
| Walleye Capital LLC 0.04% of their portfolio | 41.6k $3.9m | New |
| OAK FAMILY ADVISORS, LLC 1.49% of their portfolio | 41.5k $3.9m | Reduced -2.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 40.5k $3.8m | Added +2.0k |
| Aristides Capital LLC 0.79% of their portfolio | 40.0k $3.8m | Added +20.0k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 38.7k $3.7m | Added +5.1k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 37.9k $3.6m | Added +10 |
| Lafayette Investments, Inc. 0.80% of their portfolio | 37.5k $3.5m | Reduced -3.4k |
| Robertson Opportunity Capital, LLC 1.54% of their portfolio | 36.8k $3.5m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 36.3k $3.4m | Added +496 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 36.3k $3.4m | Reduced -120.4k |
| HRT FINANCIAL LP 0.02% of their portfolio | 35.7k $3.4m | Added +30.4k |
| Engineers Gate Manager LP 0.07% of their portfolio | 34.5k $3.3m | Added +1.0k |
| Jump Financial, LLC 0.06% of their portfolio | 33.8k $3.2m | Added +16.7k |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 33.0k $3.1m | Unchanged |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 32.5k $3.1m | Reduced -1.2k |
| AMALGAMATED BANK 0.03% of their portfolio | 32.2k $3.0m | Reduced -5.4k |
| Sapience Investments, LLC 1.55% of their portfolio | 32.2k $3.0m | Reduced -20.6k |
| COMERICA BANK 0.01% of their portfolio | 32.1k $3.0m | Reduced -17.1k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 29.9k $2.8m | Reduced -1.2k |
| Quantbot Technologies LP 0.13% of their portfolio | 29.2k $2.8m | Added +28.3k |