Vault-13

GMS INC

COM · Common Stock · CUSIP 36251C103

273 institutional holders +4 vs Q4 2024
40,277,82840.3m shares reported held*
$2.9bnreported value*
39 new 83 added 104 reduced 38 sold out net bought ≈ $3.2m (+42.0k 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 ($14.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $73.17. Options: 3 managers hold calls ($2.4m notional), 3 hold puts ($534.1k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 230Q4 22: 229Q1 23: 239Q2 23: 273Q3 23: 280Q4 23: 281Q1 24: 320Q2 24: 291Q3 24: 279Q4 24: 269Q1 25: 273273Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022230
Q4 2022229
Q1 2023239
Q2 2023273
Q3 2023280
Q4 2023281
Q1 2024320
Q2 2024291
Q3 2024279
Q4 2024269
Q1 2025273

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 143 bought or addedQ2 23: 115 cut or sold outQ3 23: 131 bought or addedQ3 23: 145 cut or sold outQ3 23Q4 23: 124 bought or addedQ4 23: 147 cut or sold outQ1 24: 164 bought or addedQ1 24: 131 cut or sold outQ1 24Q2 24: 139 bought or addedQ2 24: 171 cut or sold outQ3 24: 118 bought or addedQ3 24: 161 cut or sold outQ3 24Q4 24: 110 bought or addedQ4 24: 143 cut or sold outQ1 25: 122 bought or addedQ1 25: 142 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023143115
Q3 2023131145
Q4 2023124147
Q1 2024164131
Q2 2024139171
Q3 2024118161
Q4 2024110143
Q1 2025122142

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ2 24 calls: $4.8mQ2 24 puts: $1.8mQ2 24P/C 0.38Q3 24 calls: $3.6mQ3 24 puts: $1.5mQ3 24P/C 0.42Q4 24 calls: $1.7mQ4 24 puts: $1.0mQ4 24P/C 0.59Q1 25 calls: $2.4mQ1 25 puts: $534.1kQ1 25P/C 0.22
Numbers
QuarterCallsPutsP/C
Q2 2024$4.8m$1.8m0.38
Q3 2024$3.6m$1.5m0.42
Q4 2024$1.7m$1.0m0.59
Q1 2025$2.4m$534.1k0.22

Biggest buyers

Coliseum Capital Management, LLC Added +1,547,999+1.5m
River Road Asset Management, LLC New +832,721+832.7k
Verition Fund Management LLC Added +217,225+217.2k
WESTWOOD HOLDINGS GROUP INC Added +212,128+212.1k
GOLDMAN SACHS GROUP INC Added +191,737+191.7k
AMERICAN CENTURY COMPANIES INC Added +189,760+189.8k
REINHART PARTNERS, LLC. Added +94,716+94.7k
Regents Gate Capital LLP Added +68,109+68.1k
UBS Group AG Added +65,227+65.2k
HRT FINANCIAL LP New +63,556+63.6k

Biggest sellers

Pacer Advisors, Inc. Reduced -941,032-941.0k
VANGUARD GROUP INC Reduced -505,513-505.5k
FEDERATED HERMES, INC. Reduced -328,825-328.8k
Capital International Investors Reduced -309,000-309.0k
BlackRock, Inc. Reduced -250,231-250.2k
T. Rowe Price Investment Management, Inc. Reduced -202,631-202.6k
JPMORGAN CHASE & CO Reduced -189,469-189.5k
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. Reduced -166,996-167.0k
FMR LLC Reduced -110,509-110.5k
STATE STREET CORP Reduced -104,108-104.1k

Biggest calls

CITADEL ADVISORS LLC Added $1.5m20.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $907.3k12.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $329.3k4.5k shares
CITADEL ADVISORS LLC Reduced $204.9k2.8k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.01% of their portfolio New York, NY 5,816,6745.8m $425.6m $425.6m 0.01% Reduced -250.2k -250,231
2 FMR LLC 0.03% of their portfolio BOSTON, MA 5,758,2735.8m $421.3m $421.3m 0.03% Reduced -110.5k -110,509
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 4,605,4634.6m $337.0m $337.0m 0.01% Reduced -505.5k -505,513
4 Coliseum Capital Management, LLC 21.00% of their portfolio Rowayton, CT 3,437,4883.4m $251.5m $251.5m 21.00% Added +1.5m +1,547,999
5 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 2,154,0212.2m $157.6m $157.6m 0.04% Added +31.2k +31,230
6 AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio KANSAS CITY, MO 1,660,1941.7m $121.5m $121.5m 0.07% Added +189.8k +189,760
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,472,9361.5m $107.8m $107.8m 0.00% Reduced -104.1k -104,108
8 T. Rowe Price Investment Management, Inc. 0.06% of their portfolio BALTIMORE, MD 1,333,1271.3m $97.5m $97.5m 0.06% Reduced -202.6k -202,631
9 WESTWOOD HOLDINGS GROUP INC 0.52% of their portfolio DALLAS, TX 933,262933.3k $68.3m $68.3m 0.52% Added +212.1k +212,128
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 899,346899.3k $65.8m $65.8m 0.01% Added +11.6k +11,602
11 River Road Asset Management, LLC 0.83% of their portfolio LOUISVILLE, KY 832,721832.7k $60.9m $60.9m 0.83% New
12 LSV ASSET MANAGEMENT 0.12% of their portfolio CHICAGO, IL 668,420668.4k $48.9m $48.9m 0.12% Added +31.2k +31,200
13 REINHART PARTNERS, LLC. 1.70% of their portfolio MEQUON, WI 636,235636.2k $46.6m $46.6m 1.70% Added +94.7k +94,716
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 623,434623.4k $45.6m $45.6m 0.01% Added +13.7k +13,719
15 FEDERATED HERMES, INC. 0.09% of their portfolio PITTSBURGH, PA 539,938539.9k $39.5m $39.5m 0.09% Reduced -328.8k -328,825
16 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 537,481537.5k $39.3m $39.3m 0.01% Reduced -42.6k -42,649
17 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.33% of their portfolio AMSTERDAM, P7 429,448429.4k $31.4m $31.4m 0.33% Reduced -167.0k -166,996
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 421,122421.1k $30.8m $30.8m 0.00% Reduced -46.9k -46,915
19 Verition Fund Management LLC 0.17% of their portfolio GREENWICH, CT 404,251404.3k $29.6m $29.6m 0.17% Added +217.2k +217,225
20 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 373,738373.7k $27.3m $27.3m 0.01% Added +191.7k +191,737
21 Pacer Advisors, Inc. 0.06% of their portfolio Malvern, PA 347,159347.2k $25.4m $25.4m 0.06% Reduced -941.0k -941,032
22 Capital International Investors 0.00% of their portfolio Los Angeles, CA 302,792302.8k $22.2m $22.2m 0.00% Reduced -309.0k -309,000
23 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 274,757274.8k $20.1m $20.1m 0.03% Added +43.7k +43,722
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 258,774258.8k $18.9m $18.9m 0.00% Reduced -18.4k -18,403
25 UBS Group AG 0.00% of their portfolio ZURICH, V8 238,878238.9k $17.5m $17.5m 0.00% Added +65.2k +65,227
26 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 231,341231.3k $16.9m $16.9m 0.00% Added +1.7k +1,683
27 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 224,048224.0k $16.4m $16.4m 0.01% Added +3.8k +3,799
28 FRONTIER CAPITAL MANAGEMENT CO LLC 0.12% of their portfolio Boston, MA 145,537145.5k $10.6m $10.6m 0.12% Added +17.8k +17,812
29 Public Sector Pension Investment Board 0.04% of their portfolio MONTREAL, A8 123,080123.1k $9.0m $9.0m 0.04% Added +25.2k +25,234
30 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 113,102113.1k $8.3m $8.3m 0.01% Reduced -31.1k -31,130
31 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 107,464107.5k $7.9m $7.9m 0.00% Added +13.1k +13,084
32 Legal & General Group Plc 0.00% of their portfolio London, X0 107,430107.4k $7.9m $7.9m 0.00% Reduced -5.6k -5,623
33 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 107,399107.4k $7.9m $7.9m 0.01% Reduced -1.8k -1,841
34 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 106,777106.8k $7.8m $7.8m 0.00% First filing
35 Zimmer Partners, LP 0.15% of their portfolio NEW YORK, NY 100,050100.0k $7.3m $7.3m 0.15% Added +25.1k +25,050
36 Brandywine Global Investment Management, LLC 0.05% of their portfolio PHILADELPHIA, PA 95,55595.6k $7.0m $7.0m 0.05% Reduced -3.8k -3,810
37 PEREGRINE CAPITAL MANAGEMENT LLC 0.22% of their portfolio MINNEAPOLIS, MN 92,54192.5k $6.8m $6.8m 0.22% Reduced -5.1k -5,089
38 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 88,87788.9k $6.5m $6.5m 0.00% Reduced -7.0k -7,007
39 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 88,84888.8k $6.5m $6.5m 0.00% Unchanged
40 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 88,65888.7k $6.5m $6.5m 0.02% Reduced -1.1k -1,051
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 85,09085.1k $6.2m $6.2m 0.00% Reduced -189.5k -189,469
42 Granite Investment Partners, LLC 0.31% of their portfolio EL SEGUNDO, CA 82,31482.3k $6.0m $6.0m 0.31% Reduced -58.1k -58,117
43 Edgestream Partners, L.P. 0.20% of their portfolio Princeton, NJ 80,14580.1k $5.9m $5.9m 0.20% Added +50.0k +50,049
44 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 80,05080.0k $5.9m $5.9m 0.01% Reduced -22.1k -22,084
45 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 79,94479.9k $5.8m $5.8m 0.00% Reduced -6.8k -6,805
46 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 76,38476.4k $5.6m $5.6m 0.00% Added +47.9k +47,897
47 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 76,23176.2k $5.6m $5.6m 0.00% Added +42.4k +42,416
48 Swiss National Bank 0.00% of their portfolio ZURICH, V8 75,20075.2k $5.5m $5.5m 0.00% Reduced -2.0k -2,000
49 Regents Gate Capital LLP 2.27% of their portfolio LONDON, X0 72,83972.8k $5.3m $5.3m 2.27% Added +68.1k +68,109
50 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 72,58872.6k $5.4m $5.4m 0.00% Reduced -4.9k -4,909
51 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 63,61763.6k $4.7m $4.7m 0.00% Added +45.4k +45,386
52 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 63,55663.6k $4.7m $4.7m 0.03% New
53 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.12% of their portfolio HOUSTON, TX 63,36563.4k $4.6m $4.6m 0.12% Unchanged
54 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 61,79061.8k $4.5m $4.5m 0.00% Added +5.6k +5,631
55 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 58,22258.2k $4.3m $4.3m 0.00% Reduced -4.2k -4,244
56 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 57,45557.5k $4.2m $4.2m 0.00% Added +827 +827
57 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 57,19257.2k $4.2m $4.2m 0.00% Reduced -15.0k -15,013
58 Advantage Alpha Capital Partners LP 0.99% of their portfolio SAN FRANCISCO, CA 55,22255.2k $4.0m $4.0m 0.99% Added +33.1k +33,142
59 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 54,57954.6k $4.0m $4.0m 0.01% Added +27.6k +27,627
60 HARBOR CAPITAL ADVISORS, INC. 0.18% of their portfolio CHICAGO, IL 53,75853.8k $3.9m $3.9m 0.18% Added +8.6k +8,607
61 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 53,16153.2k $3.9m $3.9m 0.01% Reduced -2.5k -2,526
62 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 47,86347.9k $3.5m $3.5m 0.00% Added +28.5k +28,548
63 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 46,34546.3k $3.4m $3.4m 0.00% Reduced -2.9k -2,877
64 Richard Bernstein Advisors LLC 0.08% of their portfolio NEW YORK, NY 44,18044.2k $3.2m $3.2m 0.08% Reduced -1.6k -1,639
65 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 43,98544.0k $3.2m $3.2m 0.01% Reduced -79.3k -79,270
66 GHP Investment Advisors, Inc. 0.15% of their portfolio Denver, CO 43,73343.7k $3.2m $3.2m 0.15% Reduced -181 -181
67 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 40,07940.1k $2.9m $2.9m 0.01% New
68 Adams Wealth Management 0.57% of their portfolio LOGAN, UT 39,96240.0k $2.9m $2.9m 0.57% Added +6.8k +6,784
69 CacheTech Inc. 0.57% of their portfolio LOGAN, UT 39,96240.0k $2.9m $2.9m 0.57% Added +6.8k +6,784
70 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 38,31938.3k $2.8m $2.8m 0.01% Added +812 +812
71 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 37,36037.4k $2.7m $2.7m 0.00% Added +1.2k +1,209
72 TWINBEECH CAPITAL LP 0.05% of their portfolio PURCHASE, NY 37,14237.1k $2.7m $2.7m 0.05% New
73 INTECH INVESTMENT MANAGEMENT LLC 0.03% of their portfolio WEST PALM BEACH, FL 36,87136.9k $2.7m $2.7m 0.03% Added +7.5k +7,497
74 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 36,31636.3k $2.7m $2.7m 0.01% New
75 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 36,20836.2k $2.6m $2.6m 0.00% Reduced -546 -546
76 ISTHMUS PARTNERS, LLC 0.33% of their portfolio MADISON, WI 35,72935.7k $2.6m $2.6m 0.33% Added +1.5k +1,535
77 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 35,11735.1k $2.6m $2.6m 0.01% Reduced -7.1k -7,107
78 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 32,70032.7k $2.4m $2.4m 0.01% Reduced -9.6k -9,600
79 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 31,27031.3k $2.3m $2.3m 0.00% Added +17.7k +17,705
80 Valmark Advisers, Inc. 0.03% of their portfolio AKRON, OH 30,00030.0k $2.2m $2.2m 0.03% Unchanged
81 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 28,51028.5k $2.1m $2.1m 0.00% Reduced -1.9k -1,855
82 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 26,67726.7k $2.0m $2.0m 0.01% Added +734 +734
83 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 26,48626.5k $1.9m $1.9m 0.02% Reduced -14.8k -14,773
84 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 25,74225.7k $1.9m $1.9m 0.00% Reduced -6.3k -6,312
85 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 25,64125.6k $1.9m $1.9m 0.00% Added +2.3k +2,262
86 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 25,28625.3k $1.9m $1.9m 0.00% Reduced -5.9k -5,940
87 Maple Capital Management, Inc. 0.14% of their portfolio MONTPELIER, VT 25,20025.2k $1.8m $1.8m 0.14% Unchanged
88 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 25,00025.0k $1.8m $1.8m 0.01% Reduced -420 -420
89 Mariner, LLC 0.00% of their portfolio Overland Park, KS 24,84824.8k $1.8m $1.8m 0.00% Added +191 +191
90 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 24,83024.8k $1.8m $1.8m 0.01% Added +3.7k +3,678
91 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 23,22923.2k $1.7m $1.7m 0.00% Added +755 +755
92 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 23,10623.1k $1.7m $1.7m 0.01% Reduced -333 -333
93 BRIDGES INVESTMENT MANAGEMENT INC 0.02% of their portfolio OMAHA, NE 22,75122.8k $1.7m $1.7m 0.02% Added +12.0k +11,984
94 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 22,57322.6k $1.7m $1.7m 0.00% Reduced -2.9k -2,895
95 Illinois Municipal Retirement Fund 0.02% of their portfolio OAK BROOK, IL 22,39622.4k $1.6m $1.6m 0.02% Reduced -101 -101
96 DANSKE BANK A/S 0.00% of their portfolio COPENHAGEN V, G7 22,04022.0k $1.6m $1.6m 0.00% Added +6.9k +6,938
97 State of Alaska, Department of Revenue 0.02% of their portfolio JUNEAU, AK 21,50721.5k $1.6m $1.6m 0.02% Reduced -820 -820
98 COMERICA BANK 0.01% of their portfolio DALLAS, TX 21,45021.4k $1.6m $1.6m 0.01% Added +6.6k +6,562
99 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 21,06021.1k $1.5m $1.5m 0.00% Reduced -5.0k -4,993
100 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 20,54920.5k $1.5m $1.5m 0.00% Reduced -902 -902