Vault-13

GMS INC

COM · Common Stock · CUSIP 36251C103

320 institutional holders +39 vs Q4 2023
40,668,22240.7m shares reported held*
$4.0bnreported value*
57 new 107 added 113 reduced 18 sold out net bought ≈ $50.4m (+517.6k 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 ($5.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $97.31. Options: 7 managers hold calls ($6.6m notional), 9 hold puts ($6.1m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 230Q4 22: 229Q1 23: 239Q2 23: 273Q3 23: 280Q4 23: 281Q1 24: 320320Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022230
Q4 2022229
Q1 2023239
Q2 2023273
Q3 2023280
Q4 2023281
Q1 2024320

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 23Q2 23: 143 bought or addedQ2 23: 115 cut or sold outQ2 23Q3 23: 131 bought or addedQ3 23: 145 cut or sold outQ3 23Q4 23: 124 bought or addedQ4 23: 147 cut or sold outQ4 23Q1 24: 164 bought or addedQ1 24: 131 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022108107
Q1 2023115113
Q2 2023143115
Q3 2023131145
Q4 2023124147
Q1 2024164131

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ2 23 calls: $51.5mQ2 23 puts: $4.4mQ2 23P/C 0.09Q3 23 calls: $26.9mQ3 23 puts: $12.9mQ3 23P/C 0.48Q4 23 calls: $11.7mQ4 23 puts: $6.0mQ4 23P/C 0.52Q1 24 calls: $6.6mQ1 24 puts: $6.1mQ1 24P/C 0.93
Numbers
QuarterCallsPutsP/C
Q2 2023$51.5m$4.4m0.09
Q3 2023$26.9m$12.9m0.48
Q4 2023$11.7m$6.0m0.52
Q1 2024$6.6m$6.1m0.93

Biggest buyers

FMR LLC Added +1,303,658+1.3m
T. Rowe Price Investment Management, Inc. New +719,289+719.3k
WESTWOOD HOLDINGS GROUP INC New +705,703+705.7k
MORGAN STANLEY Added +384,097+384.1k
Pacer Advisors, Inc. Added +218,055+218.1k
LSV ASSET MANAGEMENT Added +216,442+216.4k
Waratah Capital Advisors Ltd. New +101,779+101.8k
Allianz Asset Management GmbH Added +98,138+98.1k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +90,339+90.3k
Interval Partners, LP New +90,000+90.0k

Biggest sellers

Coliseum Capital Management, LLC Reduced -2,428,276-2.4m
AMERICAN CENTURY COMPANIES INC Reduced -361,710-361.7k
PZENA INVESTMENT MANAGEMENT LLC Reduced -246,496-246.5k
LAZARD ASSET MANAGEMENT LLC Reduced -156,197-156.2k
ACADIAN ASSET MANAGEMENT LLC Reduced -141,466-141.5k
BlackRock Inc. Reduced -111,250-111.2k
JACOBS LEVY EQUITY MANAGEMENT, INC Reduced -99,471-99.5k
River Road Asset Management, LLC Sold out -73,417-73.4k
SEI INVESTMENTS CO Reduced -67,366-67.4k
JPMORGAN CHASE & CO Reduced -65,312-65.3k

Biggest calls

PEAK6 Investments LLC Reduced $3.2m32.5k shares
CITADEL ADVISORS LLC Reduced $1.5m15.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.4m14.7k shares
SIMPLEX TRADING, LLC Reduced $379.0k3.9k shares
Walleye Capital LLC Reduced $87.6k900 shares
Walleye Trading LLC Reduced $48.7k500 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

PEAK6 Investments LLC Unchanged $2.6m27.0k shares
SIMPLEX TRADING, LLC Reduced $1.1m10.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $856.6k8.8k shares
CITADEL ADVISORS LLC Added $798.2k8.2k shares
Walleye Trading LLC Added $477.0k4.9k shares
JANE STREET GROUP, LLC Reduced $282.3k2.9k shares
Walleye Capital LLC Reduced $9.7k100 shares
Cetera Investment Advisers New $8501.0k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 6,582,9446.6m $640.8m $640.8m 0.01% Reduced -111.2k -111,250
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 5,303,8505.3m $516.3m $516.3m 0.01% Reduced -31.3k -31,288
3 FMR LLC 0.02% of their portfolio BOSTON, MA 2,682,3672.7m $261.1m $261.1m 0.02% Added +1.3m +1,303,658
4 DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio AUSTIN, TX 2,426,1772.4m $236.2m $236.2m 0.06% Reduced -55.9k -55,889
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,882,9771.9m $183.3m $183.3m 0.00% Added +384.1k +384,097
6 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 1,542,3461.5m $150.1m $150.1m 0.01% Added +4.6k +4,560
7 Pacer Advisors, Inc. 0.33% of their portfolio Malvern, PA 1,468,4251.5m $142.9m $142.9m 0.33% Added +218.1k +218,055
8 AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio KANSAS CITY, MO 1,424,4271.4m $138.7m $138.7m 0.09% Reduced -361.7k -361,710
9 FEDERATED HERMES, INC. 0.23% of their portfolio PITTSBURGH, PA 1,046,5371.0m $101.9m $101.9m 0.23% Added +27.9k +27,895
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 875,329875.3k $85.2m $85.2m 0.01% Added +7.3k +7,308
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 817,398817.4k $79.6m $79.6m 0.00% Reduced -65.3k -65,312
12 T. Rowe Price Investment Management, Inc. 0.04% of their portfolio BALTIMORE, MD 719,289719.3k $70.0m $70.0m 0.04% New
13 WESTWOOD HOLDINGS GROUP INC 0.54% of their portfolio DALLAS, TX 705,703705.7k $68.7m $68.7m 0.54% New
14 Capital International Investors 0.01% of their portfolio Los Angeles, CA 611,792611.8k $59.6m $59.6m 0.01% Unchanged
15 Coliseum Capital Management, LLC 5.13% of their portfolio Rowayton, CT 571,743571.7k $55.7m $55.7m 5.13% Reduced -2.4m -2,428,276
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 564,114564.1k $54.9m $54.9m 0.01% Added +5.5k +5,483
17 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 518,253518.3k $50.4m $50.4m 0.01% Reduced -34.4k -34,409
18 REINHART PARTNERS, LLC. 1.93% of their portfolio MEQUON, WI 487,549487.5k $47.5m $47.5m 1.93% Added +9.4k +9,441
19 FRONTIER CAPITAL MANAGEMENT CO LLC 0.42% of their portfolio Boston, MA 461,507461.5k $44.9m $44.9m 0.42% Added +63.5k +63,500
20 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio BOSTON, MA 435,647435.6k $42.4m $42.4m 0.04% Added +90.3k +90,339
21 PZENA INVESTMENT MANAGEMENT LLC 0.14% of their portfolio NEW YORK, NY 419,665419.7k $40.9m $40.9m 0.14% Reduced -246.5k -246,496
22 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 393,001393.0k $38.3m $38.3m 0.01% Added +7.5k +7,508
23 LSV ASSET MANAGEMENT 0.07% of their portfolio CHICAGO, IL 340,342340.3k $33.1m $33.1m 0.07% Added +216.4k +216,442
24 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 330,313330.3k $32.2m $32.2m 0.01% Reduced -34.5k -34,484
25 JACOBS LEVY EQUITY MANAGEMENT, INC 0.11% of their portfolio FLORHAM PARK, NJ 249,752249.8k $24.3m $24.3m 0.11% Reduced -99.5k -99,471
26 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 236,289236.3k $23.0m $23.0m 0.02% Added +65.0k +64,975
27 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 223,596223.6k $21.8m $21.8m 0.03% Reduced -67.4k -67,366
28 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 222,471222.5k $21.7m $21.7m 0.01% Reduced -641 -641
29 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 195,247195.2k $19.0m $19.0m 0.03% Reduced -46.4k -46,377
30 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 192,846192.8k $18.8m $18.8m 0.01% Reduced -48.6k -48,604
31 SCOPIA CAPITAL MANAGEMENT LP 2.24% of their portfolio NEW YORK, NY 179,646179.6k $17.5m $17.5m 2.24% Added +3.7k +3,707
32 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 174,235174.2k $17.0m $17.0m 0.01% Added +34.2k +34,151
33 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 142,985143.0k $13.9m $13.9m 0.00% Reduced -10.1k -10,075
34 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 137,075137.1k $13.3m $13.3m 0.02% Reduced -3.3k -3,330
35 PEREGRINE CAPITAL MANAGEMENT LLC 0.37% of their portfolio MINNEAPOLIS, MN 134,387134.4k $13.1m $13.1m 0.37% Reduced -8.1k -8,075
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 125,295125.3k $12.2m $12.2m 0.00% Reduced -25.1k -25,070
37 ALGERT GLOBAL LLC 0.47% of their portfolio SAN FRANCISCO, CA 123,398123.4k $12.0m $12.0m 0.47% Added +3.4k +3,350
38 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 122,870122.9k $12.0m $12.0m 0.02% Added +98.1k +98,138
39 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 122,500122.5k $11.9m $11.9m 0.03% Reduced -17.3k -17,300
40 Advantage Alpha Capital Partners LP 2.17% of their portfolio SAN FRANCISCO, CA 118,449118.4k $11.5m $11.5m 2.17% Added +46.4k +46,378
41 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 118,007118.0k $11.5m $11.5m 0.01% Reduced -3.9k -3,878
42 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 112,895112.9k $11.0m $11.0m 0.01% Added +65.3k +65,303
43 Legal & General Group Plc 0.00% of their portfolio London, X0 111,871111.9k $10.9m $10.9m 0.00% Reduced -1.7k -1,705
44 Brandywine Global Investment Management, LLC 0.08% of their portfolio PHILADELPHIA, PA 110,909110.9k $10.8m $10.8m 0.08% Reduced -839 -839
45 Waratah Capital Advisors Ltd. 0.51% of their portfolio TORONTO, A6 101,779101.8k $9.9m $9.9m 0.51% New
46 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 99,16199.2k $9.7m $9.7m 0.01% Added +25.8k +25,813
47 Assenagon Asset Management S.A. 0.02% of their portfolio SENNINGERBERG, N4 94,44294.4k $9.2m $9.2m 0.02% Reduced -46.9k -46,893
48 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 93,22893.2k $9.1m $9.1m 0.00% Reduced -2.3k -2,282
49 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 91,65491.7k $8.9m $8.9m 0.00% Added +72.2k +72,192
50 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 90,35890.4k $8.8m $8.8m 0.00% Reduced -14.2k -14,170
51 Interval Partners, LP 0.33% of their portfolio NEW YORK, NY 90,00090.0k $8.8m $8.8m 0.33% New
52 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 87,99988.0k $8.6m $8.6m 0.02% Reduced -16.0k -16,048
53 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 87,63287.6k $8.5m $8.5m 0.02% Reduced -40.4k -40,449
54 Bridgewater Associates, LP 0.04% of their portfolio Westport, CT 85,56385.6k $8.3m $8.3m 0.04% Added +4.3k +4,340
55 ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio Boston, MA 85,05785.1k $8.3m $8.3m 0.03% Reduced -141.5k -141,466
56 DANSKE BANK A/S 0.03% of their portfolio COPENHAGEN V, G7 82,75482.8k $8.1m $8.1m 0.03% First filing
57 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 82,10282.1k $8.0m $8.0m 0.01% Reduced -121 -121
58 Public Sector Pension Investment Board 0.06% of their portfolio MONTREAL, A8 81,61781.6k $7.9m $7.9m 0.06% Reduced -2.6k -2,620
59 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 80,95481.0k $7.9m $7.9m 0.00% Reduced -13.3k -13,325
60 HRT FINANCIAL LP 0.05% of their portfolio NEW YORK, NY 80,23680.2k $7.8m $7.8m 0.05% Added +27.8k +27,837
61 Swiss National Bank 0.01% of their portfolio ZURICH, V8 74,70074.7k $7.3m $7.3m 0.01% Reduced -1.3k -1,300
62 MAKENA CAPITAL MANAGEMENT LLC 1.63% of their portfolio MENLO PARK, CA 72,14672.1k $7.0m $7.0m 1.63% Reduced -10.7k -10,680
63 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 71,15071.2k $6.9m $6.9m 0.01% Reduced -29.8k -29,813
64 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.14% of their portfolio HOUSTON, TX 69,16569.2k $6.7m $6.7m 0.14% Added +26.4k +26,450
65 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 69,10069.1k $6.7m $6.7m 0.01% New
66 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.07% of their portfolio Stamford, CT 68,04968.0k $6.6m $6.6m 0.07% Added +1.1k +1,113
67 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 64,04664.0k $6.2m $6.2m 0.01% Added +24.0k +24,046
68 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 62,14762.1k $6.0m $6.0m 0.01% Reduced -36.0k -36,010
69 Artemis Investment Management LLP 0.08% of their portfolio EDINBURGH, X0 61,37061.4k $6.0m $6.0m 0.08% Added +10.0k +10,036
70 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 60,98961.0k $5.9m $5.9m 0.00% Reduced -2.8k -2,807
71 SEIZERT CAPITAL PARTNERS, LLC 0.27% of their portfolio BIRMINGHAM, MI 59,40359.4k $5.8m $5.8m 0.27% Added +928 +928
72 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 56,86456.9k $5.5m $5.5m 0.01% Added +623 +623
73 TWINBEECH CAPITAL LP 0.11% of their portfolio PURCHASE, NY 54,83054.8k $5.3m $5.3m 0.11% New
74 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 54,22554.2k $5.3m $5.3m 0.00% Reduced -2.0k -2,003
75 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 53,37353.4k $5.2m $5.2m 0.01% Added +26.5k +26,518
76 Cubist Systematic Strategies, LLC 0.06% of their portfolio STAMFORD, CT 52,67552.7k $5.1m $5.1m 0.06% Added +37.2k +37,240
77 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 51,98152.0k $5.1m $5.1m 0.01% Added +18.8k +18,799
78 COMERICA BANK 0.02% of their portfolio DALLAS, TX 48,28448.3k $4.7m $4.7m 0.02% Added +29.5k +29,495
79 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 47,99148.0k $4.7m $4.7m 0.00% Added +26.0k +26,012
80 Richard Bernstein Advisors LLC 0.10% of their portfolio NEW YORK, NY 45,81545.8k $4.5m $4.5m 0.10% Unchanged
81 Informed Momentum Co LLC 0.68% of their portfolio SOLANA BEACH, CA 45,11745.1k $4.4m $4.4m 0.68% Added +681 +681
82 Global IMC LLC 1.00% of their portfolio SOLANA BEACH, CA 44,64244.6k $4.3m $4.3m 1.00% Unchanged
83 GHP Investment Advisors, Inc. 0.21% of their portfolio Denver, CO 44,55644.6k $4.3m $4.3m 0.21% Reduced -115 -115
84 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 43,84643.8k $4.3m $4.3m 0.02% Added +37.8k +37,846
85 PRELUDE CAPITAL MANAGEMENT, LLC 0.28% of their portfolio NEW YORK, NY 41,49541.5k $4.0m $4.0m 0.28% Added +5.3k +5,300
86 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 39,67239.7k $3.9m $3.9m 0.00% Reduced -31.2k -31,200
87 AXA S.A. 0.01% of their portfolio PARIS, I0 38,59038.6k $3.8m $3.8m 0.01% Reduced -39.5k -39,490
88 MARTINGALE ASSET MANAGEMENT L P 0.07% of their portfolio BOSTON, MA 38,21138.2k $3.7m $3.7m 0.07% Added +21.1k +21,116
89 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 38,05038.0k $3.7m $3.7m 0.00% Reduced -3.1k -3,066
90 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 37,56137.6k $3.7m $3.7m 0.00% Added +1.1k +1,143
91 LEUTHOLD GROUP, LLC 0.40% of their portfolio MINNEAPOLIS, MN 36,51836.5k $3.6m $3.6m 0.40% Reduced -223 -223
92 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 35,31235.3k $3.4m $3.4m 0.01% Reduced -1.6k -1,629
93 TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio AUSTIN, TX 34,84834.8k $3.4m $3.4m 0.03% Reduced -219 -219
94 Livforsakringsbolaget Skandia, Omsesidigt 0.27% of their portfolio Stockholm, V7 32,81432.8k $3.2m $3.2m 0.27% Unchanged
95 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 32,48232.5k $3.2m $3.2m 0.00% Reduced -156.2k -156,197
96 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 32,41032.4k $3.2m $3.2m 0.00% Added +2.2k +2,161
97 BURNEY CO/ 0.12% of their portfolio RESTON, VA 32,39832.4k $3.2m $3.2m 0.12% New
98 UBS Group AG 0.00% of their portfolio ZURICH, V8 32,27232.3k $3.1m $3.1m 0.00% Reduced -2.3k -2,334
99 NORGES BANK 0.00% of their portfolio OSLO, Q8 31,40031.4k $3.1m $3.1m 0.00% Added +17.1k +17,076
100 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 30,59830.6k $3.0m $3.0m 0.01% Reduced -7.3k -7,313