Vault-13

GMS INC

COM · Common Stock · CUSIP 36251C103

239 institutional holders +10 vs Q4 2022
42,181,93642.2m shares reported held*
$2.4bnreported value*
34 new 81 added 89 reduced 24 sold out net bought ≈ $44.1m (+1.2m shares)

* 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.28. Options: 10 managers hold calls ($32.2m notional), 7 hold puts ($1.9m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 230Q4 22: 229Q1 23: 239239Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022230
Q4 2022229
Q1 2023239

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 108 bought or addedQ4 22: 107 cut or sold outQ4 22Q1 23: 115 bought or addedQ1 23: 113 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022108107
Q1 2023115113

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ3 22 calls: $400.0kQ3 22 puts: $572.0kQ3 22P/C 1.43Q4 22 calls: $606.7kQ4 22 puts: $970.1kQ4 22P/C 1.60Q1 23 calls: $32.2mQ1 23 puts: $1.9mQ1 23P/C 0.06
Numbers
QuarterCallsPutsP/C
Q3 2022$400.0k$572.0k1.43
Q4 2022$606.7k$970.1k1.60
Q1 2023$32.2m$1.9m0.06

Biggest buyers

FMR LLC Added +550,348+550.3k
ENVESTNET ASSET MANAGEMENT INC Added +448,643+448.6k
Pacer Advisors, Inc. Added +204,595+204.6k
AMERICAN CENTURY COMPANIES INC Added +181,514+181.5k
Driehaus Capital Management LLC New +140,751+140.8k
FEDERATED HERMES, INC. Added +136,975+137.0k
GOLDMAN SACHS GROUP INC Added +135,142+135.1k
MAKENA CAPITAL MANAGEMENT LLC New +122,446+122.4k
Brandywine Global Investment Management, LLC Added +111,040+111.0k
JPMORGAN CHASE & CO Added +110,185+110.2k

Biggest sellers

BlackRock Inc. Reduced -357,107-357.1k
LITTLEJOHN & CO LLC Reduced -348,091-348.1k
Lumbard & Kellner, LLC Reduced -80,747-80.7k
PRUDENTIAL FINANCIAL INC Reduced -78,195-78.2k
WELLINGTON MANAGEMENT GROUP LLP Reduced -75,495-75.5k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -72,737-72.7k
PZENA INVESTMENT MANAGEMENT LLC Reduced -64,007-64.0k
D. E. Shaw & Co., Inc. Reduced -44,333-44.3k
Qube Research & Technologies Ltd Reduced -36,928-36.9k
MARSHALL WACE, LLP Sold out -36,000-36.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $7.2m123.8k shares
Walleye Trading LLC New $6.7m115.0k shares
PEAK6 Investments LLC Added $4.0m68.7k shares
Parallax Volatility Advisers, L.P. New $3.6m61.4k shares
SIMPLEX TRADING, LLC Added $3.5m60.0k shares
CITADEL ADVISORS LLC Added $3.0m52.6k shares
JANE STREET GROUP, LLC New $2.4m42.3k shares
GROUP ONE TRADING LLC New $1.6m28.1k shares
Walleye Capital LLC New $225.8k3.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

PEAK6 Investments LLC Added $920.5k15.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $416.8k7.2k shares
Walleye Trading LLC New $306.8k5.3k shares
CITADEL ADVISORS LLC Added $98.4k1.7k shares
Walleye Capital LLC New $81.0k1.4k shares
SIMPLEX TRADING, LLC Added $46.0k800 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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-07-18 14.4% 5.5m 2025-07-18
VANGUARD GROUP INC 13G · institution filed 2025-04-30 12.0% 4.6m 2025-04-30
Coliseum Capital Management, LLC 13G · passive investor +4.2 pts · filed 2025-05-15 10.0% +4.2 pts 3.8m 2025-05-15

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 6,869,3816.9m $397.7m $397.7m 0.01% Reduced -357.1k -357,107
2 Coliseum Capital Management, LLC 27.80% of their portfolio Rowayton, CT 6,336,5736.3m $366.8m $366.8m 27.80% Unchanged
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 5,612,2515.6m $324.9m $324.9m 0.01% Added +22.7k +22,707
4 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 2,552,2032.6m $147.7m $147.7m 0.05% Added +40.5k +40,521
5 AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio KANSAS CITY, MO 1,903,7631.9m $110.2m $110.2m 0.09% Added +181.5k +181,514
6 FMR LLC 0.00% of their portfolio BOSTON, MA 1,827,8141.8m $105.8m $105.8m 0.00% Added +550.3k +550,348
7 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 1,596,6261.6m $92.4m $92.4m 0.01% Added +7.2k +7,235
8 PZENA INVESTMENT MANAGEMENT LLC 0.24% of their portfolio NEW YORK, NY 945,421945.4k $54.7m $54.7m 0.24% Reduced -64.0k -64,007
9 FEDERATED HERMES, INC. 0.12% of their portfolio PITTSBURGH, PA 799,760799.8k $46.3m $46.3m 0.12% Added +137.0k +136,975
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 777,524777.5k $45.0m $45.0m 0.01% Added +24.8k +24,791
11 Pacer Advisors, Inc. 0.15% of their portfolio Malvern, PA 615,890615.9k $35.7m $35.7m 0.15% Added +204.6k +204,595
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 613,047613.0k $35.5m $35.5m 0.00% Added +110.2k +110,185
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 560,404560.4k $32.4m $32.4m 0.01% Added +1.8k +1,805
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 539,392539.4k $31.2m $31.2m 0.01% Added +10.7k +10,746
15 SCOPIA CAPITAL MANAGEMENT LP 3.17% of their portfolio NEW YORK, NY 528,523528.5k $30.6m $30.6m 3.17% Reduced -3.9k -3,865
16 REINHART PARTNERS, LLC. 1.56% of their portfolio MEQUON, WI 498,638498.6k $28.9m $28.9m 1.56% Reduced -2.4k -2,448
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 494,389494.4k $28.6m $28.6m 0.00% Reduced -29.5k -29,529
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 462,185462.2k $1.2m $1.2m 0.00% Added +448.6k +448,643
19 PRUDENTIAL FINANCIAL INC 0.04% of their portfolio NEWARK, NJ 458,781458.8k $26.6m $26.6m 0.04% Reduced -78.2k -78,195
20 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 423,198423.2k $24.5m $24.5m 0.01% Reduced -17.6k -17,553
21 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 398,214398.2k $23.1m $23.1m 0.01% Added +67.1k +67,133
22 River Road Asset Management, LLC 0.29% of their portfolio LOUISVILLE, KY 373,823373.8k $21.6m $21.6m 0.29% Reduced -18.8k -18,758
23 LITTLEJOHN & CO LLC 12.32% of their portfolio GREENWICH, CT 350,619350.6k $20.3m $20.3m 12.32% Reduced -348.1k -348,091
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 287,675287.7k $16.7m $16.7m 0.00% Added +135.1k +135,142
25 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 284,053284.1k $16.4m $16.4m 0.03% Added +2.9k +2,901
26 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 258,354258.4k $15.0m $15.0m 0.01% Reduced -11.4k -11,361
27 Brandywine Global Investment Management, LLC 0.05% of their portfolio PHILADELPHIA, PA 222,428222.4k $12.9m $12.9m 0.05% Added +111.0k +111,040
28 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 222,403222.4k $12.9m $12.9m 0.00% Reduced -29.7k -29,696
29 JACOBS LEVY EQUITY MANAGEMENT, INC 0.08% of their portfolio FLORHAM PARK, NJ 213,058213.1k $12.3m $12.3m 0.08% Added +19.0k +19,038
30 PEREGRINE CAPITAL MANAGEMENT LLC 0.34% of their portfolio MINNEAPOLIS, MN 205,767205.8k $11.9m $11.9m 0.34% Reduced -9.5k -9,479
31 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 177,871177.9k $10.3m $10.3m 0.01% Added +12.2k +12,246
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 159,642159.6k $9.2m $9.2m 0.00% Reduced -8.2k -8,222
33 Driehaus Capital Management LLC 0.11% of their portfolio Chicago, IL 140,751140.8k $8.1m $8.1m 0.11% New
34 ALGERT GLOBAL LLC 0.36% of their portfolio SAN FRANCISCO, CA 133,141133.1k $7.7m $7.7m 0.36% Added +71.1k +71,115
35 ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio Boston, MA 132,161132.2k $7.6m $7.6m 0.03% Added +41.0k +40,979
36 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 129,804129.8k $7.5m $7.5m 0.01% Added +5.9k +5,852
37 LSV ASSET MANAGEMENT 0.02% of their portfolio CHICAGO, IL 129,100129.1k $7.5m $7.5m 0.02% Reduced -3.4k -3,400
38 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 128,048128.0k $7.4m $7.4m 0.00% Reduced -6.3k -6,259
39 MAKENA CAPITAL MANAGEMENT LLC 1.34% of their portfolio MENLO PARK, CA 122,446122.4k $7.1m $7.1m 1.34% New
40 Assenagon Asset Management S.A. 0.02% of their portfolio SENNINGERBERG, N4 109,086109.1k $6.3m $6.3m 0.02% Added +33.1k +33,053
41 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 104,317104.3k $6.0m $6.0m 0.01% Reduced -72.7k -72,737
42 Legal & General Group Plc 0.00% of their portfolio London, X0 102,231102.2k $5.9m $5.9m 0.00% Reduced -535 -535
43 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 96,69996.7k $5.6m $5.6m 0.00% Reduced -75.5k -75,495
44 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 92,45092.5k $5.4m $5.4m 0.01% Reduced -5.7k -5,709
45 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 86,64986.6k $5.0m $5.0m 0.01% Reduced -5.2k -5,247
46 Swiss National Bank 0.00% of their portfolio ZURICH, V8 82,40082.4k $4.8m $4.8m 0.00% Reduced -9.5k -9,500
47 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 79,93879.9k $4.6m $4.6m 0.01% Added +4.3k +4,294
48 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 73,20373.2k $4.2m $4.2m 0.03% Reduced -3.9k -3,947
49 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 69,95770.0k $4.0m $4.0m 0.00% Added +2.8k +2,750
50 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 69,33169.3k $4.0m $4.0m 0.00% Reduced -4.5k -4,510
51 PRELUDE CAPITAL MANAGEMENT, LLC 0.27% of their portfolio NEW YORK, NY 69,05669.1k $4.0m $4.0m 0.27% Added +8.6k +8,564
52 SEIZERT CAPITAL PARTNERS, LLC 0.22% of their portfolio BIRMINGHAM, MI 68,75868.8k $4.0m $4.0m 0.22% Added +7.1k +7,053
53 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 68,74668.7k $4.0m $4.0m 0.00% Reduced -4.5k -4,529
54 Cubist Systematic Strategies, LLC 0.04% of their portfolio STAMFORD, CT 67,10467.1k $3.9m $3.9m 0.04% Reduced -26.4k -26,427
55 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 60,71860.7k $3.5m $3.5m 0.01% Reduced -5.9k -5,863
56 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 60,68460.7k $3.5m $3.5m 0.00% Added +19.5k +19,488
57 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 59,41359.4k $3.4m $3.4m 0.01% Added +7.7k +7,672
58 Waypoint Capital Advisors, LLC 1.01% of their portfolio Minneapolis, MN 53,48653.5k $3.1m $3.1m 1.01% Unchanged
59 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 52,80052.8k $3.1m $3.1m 0.00% Added +34.9k +34,900
60 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 49,09249.1k $2.8m $2.8m 0.00% Reduced -1.1k -1,135
61 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 49,05549.1k $2.8m $2.8m 0.00% Added +13.6k +13,565
62 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 47,50647.5k $2.8m $2.8m 0.00% Added +7.6k +7,600
63 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 44,07044.1k $2.6m $2.6m 0.02% Reduced -1.3k -1,315
64 Advantage Alpha Capital Partners LP 0.53% of their portfolio SAN FRANCISCO, CA 43,79243.8k $2.5m $2.5m 0.53% Reduced -8.8k -8,821
65 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 41,24841.2k $2.4m $2.4m 0.01% Reduced -2.3k -2,251
66 GHP Investment Advisors, Inc. 0.15% of their portfolio Denver, CO 41,02041.0k $2.4m $2.4m 0.15% Added +440 +440
67 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 40,72840.7k $2.4m $2.4m 0.00% Reduced -199 -199
68 PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio BOSTON, MA 39,53439.5k $2.3m $2.3m 0.01% New
69 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 39,28139.3k $2.3m $2.3m 0.01% Reduced -6.0k -5,996
70 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.05% of their portfolio BALA CYNWYD, PA 38,95439.0k $2.3m $2.3m 0.05% Unchanged
71 Livforsakringsbolaget Skandia, Omsesidigt 0.23% of their portfolio Stockholm, V7 37,91437.9k $2.2m $2.2m 0.23% Unchanged
72 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 37,32737.3k $2.2m $2.2m 0.02% Added +8.8k +8,817
73 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 36,70536.7k $2.1m $2.1m 0.03% New
74 BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio NEW YORK, NY 34,62634.6k $2.0m $2.0m 0.05% Added +5.5k +5,493
75 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 33,39933.4k $1.9m $1.9m 0.00% Reduced -3.5k -3,509
76 LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio LOS ANGELES, CA 32,99533.0k $1.9m $1.9m 0.01% Added +13.4k +13,395
77 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 30,98231.0k $1.8m $1.8m 0.00% Added +7.8k +7,790
78 Ergoteles LLC 0.07% of their portfolio NEW YORK, NY 30,71830.7k $1.8m $1.8m 0.07% New
79 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 30,10730.1k $1.7m $1.7m 0.00% Reduced -23.4k -23,372
80 Valmark Advisers, Inc. 0.04% of their portfolio AKRON, OH 30,00030.0k $1.7m $1.7m 0.04% Unchanged
81 AXA S.A. 0.01% of their portfolio PARIS, I0 29,60029.6k $1.7m $1.7m 0.01% New
82 Dana Investment Advisors, Inc. 0.09% of their portfolio BROOKFIELD, WI 29,07329.1k $1.7m $1.7m 0.09% New
83 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 28,71428.7k $1.7m $1.7m 0.00% Added +18.2k +18,229
84 State of Alaska, Department of Revenue 0.02% of their portfolio JUNEAU, AK 28,50228.5k $1.6m $1.6m 0.02% Reduced -1.0k -1,027
85 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 28,26328.3k $1.6m $1.6m 0.00% Reduced -5.2k -5,169
86 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 28,06428.1k $1.6m $1.6m 0.01% Reduced -36.9k -36,928
87 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 26,71626.7k $1.5m $1.5m 0.00% Reduced -1.1k -1,114
88 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 26,42826.4k $1.5m $1.5m 0.00% Reduced -10.7k -10,658
89 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 26,22326.2k $1.5m $1.5m 0.01% Added +298 +298
90 CenterBook Partners LP 0.21% of their portfolio GREENWICH, CT 25,39425.4k $1.5m $1.5m 0.21% Added +2.0k +2,034
91 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 24,87824.9k $1.4m $1.4m 0.00% Added +16.4k +16,383
92 ClariVest Asset Management LLC 0.06% of their portfolio SAN DIEGO, CA 24,81224.8k $1.4m $1.4m 0.06% Added +69 +69
93 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 24,63124.6k $1.4m $1.4m 0.01% Reduced -3.0k -3,012
94 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 24,46924.5k $1.4m $1.4m 0.00% Added +905 +905
95 Graham Capital Management, L.P. 0.05% of their portfolio ROWAYTON, CT 24,38824.4k $1.4m $1.4m 0.05% Added +17.3k +17,313
96 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 24,15224.2k $1.4m $1.4m 0.01% Reduced -1.6k -1,559
97 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 23,78923.8k $1.4m $1.4m 0.00% Reduced -18.7k -18,651
98 YOUSIF CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BLOOMFIELD HILLS, MI 23,40123.4k $1.4m $1.4m 0.02% Reduced -3.5k -3,465
99 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 22,82422.8k $1.3m $1.3m 0.01% Reduced -325 -325
100 VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio RICHMOND, VA 22,60022.6k $1.3m $1.3m 0.01% Added +5.6k +5,600