GRANITE CONSTR INC GVA
COM · Common Stock · CUSIP 387328107
American Construction Firm
- SectorIndustrials
- IndustryHeavy Construction Other Than Bldg Const - Contractors
- HeadquartersWatsonville, CA
- Founded1922
- Websitegraniteconstruction.com
- 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 ($2.0m this quarter). Holder counts are more reliable. Shares outstanding: 43.9m as of 2023-10-25, 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 ≈ $38.09. Options: 4 managers hold calls ($1.0m notional), 3 hold puts ($87.4k).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 188 |
| Q4 2022 | 202 |
| Q1 2023 | 217 |
| Q2 2023 | 200 |
| Q3 2023 | 205 |
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 | 90 | 95 |
| Q1 2023 | 103 | 97 |
| Q2 2023 | 86 | 111 |
| Q3 2023 | 81 | 100 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $512.0k | $17.5k | 0.03 |
| Q1 2023 | $2.6m | $246.5k | 0.09 |
| Q2 2023 | $850.4k | $147.2k | 0.17 |
| Q3 2023 | $1.0m | $87.4k | 0.09 |
Biggest buyers
| FIRST TRUST ADVISORS LP | Added | +413.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Added | +268.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +234.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +225.0k |
| DEPRINCE RACE & ZOLLO INC | Added | +161.0k |
| BANK OF MONTREAL /CAN/ | Added | +60.1k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +53.4k |
| Squarepoint Ops LLC | Added | +47.4k |
| Qube Research & Technologies Ltd | New | +42.3k |
| Bank of New York Mellon Corp | Added | +41.6k |
Biggest sellers
| COMERICA BANK | Reduced | -219.8k |
| BlackRock Inc. | Reduced | -177.2k |
| Bernzott Capital Advisors | Reduced | -157.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -151.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -81.9k |
| Balyasny Asset Management L.P. | Reduced | -80.4k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -71.2k |
| NORGES BANK | Reduced | -60.7k |
| MIZUHO MARKETS AMERICAS LLC | Reduced | -47.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -46.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $623.5k16.4k shares |
| CITADEL ADVISORS LLC | Added | $334.6k8.8k shares |
| SIMPLEX TRADING, LLC | Added | $53.0k1.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| WOLVERINE ASSET MANAGEMENT LLC | New | $68.4k1.8k shares |
| CITADEL ADVISORS LLC | Reduced | $19.0k500 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-30 | 15.3% |
| FMR LLC 13G · institution +3.1 pts · filed 2026-08-06 | 13.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q3 2023
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 |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $248.5k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 7.1m $270.2m | Reduced -177.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.0m $188.3m | Reduced -3.4k |
| FMR LLC 0.01% of their portfolio | 3.6m $136.1m | Reduced -9.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.63% of their portfolio | 2.9m $109.2m | Reduced -46.8k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.7m $102.4m | Reduced -71.2k |
| STATE STREET CORP 0.01% of their portfolio | 2.7m $101.4m | Reduced -35.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.1m $43.4m | Added +34.7k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.48% of their portfolio | 1.1m $43.4m | Added +268.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio | 1.1m $40.4m | Reduced -81.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 989.2k $37.6m | Added +41.6k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 937.6k $36.9m | Added +60.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 895.1k $34.0m | Added +33.4k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 887.0k $33.7m | Reduced -3.3k |
| MORGAN STANLEY 0.00% of their portfolio | 843.2k $32.1m | Added +6.8k |
| MIZUHO MARKETS AMERICAS LLC 1.09% of their portfolio | 771.4k $29.3m | Reduced -47.1k |
| Boston Partners 0.04% of their portfolio | 719.1k $27.6m | Reduced -25.8k |
| DEPRINCE RACE & ZOLLO INC 0.65% of their portfolio | 698.4k $26.6m | Added +161.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 681.0k $25.9m | Reduced -14.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 590.2k $22.4m | Reduced -151.9k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.68% of their portfolio | 555.6k $21.1m | Added +18.7k |
| Invesco Ltd. 0.01% of their portfolio | 520.4k $19.8m | Reduced -2.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 517.3k $19.7m | Reduced -1.5k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 462.2k $17.6m | Added +413.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 397.2k $15.1m | Added +53.4k |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 392.0k $14.9m | Added +31.4k |
| Empower Advisory Group, LLC 0.06% of their portfolio | 379.0k $14.4m | Added +7.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 352.5k $13.4m | Reduced -23.0k |
| NORGES BANK 0.00% of their portfolio | 328.4k $12.5m | Reduced -60.7k |
| HEARTLAND ADVISORS INC 0.77% of their portfolio | 328.3k $13.8m | Reduced -11.0k |
| RPG Investment Advisory, LLC 2.02% of their portfolio | 289.6k $11.0m | Reduced -210 |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 264.0k $10.0m | Added +234.7k |
| Bernzott Capital Advisors 3.18% of their portfolio | 243.1k $9.2m | Reduced -157.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 236.6k $9.0m | Reduced -12.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 233.3k $8.9m | Added +19.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 225.0k $8.6m | New |
| Fisher Asset Management, LLC 0.00% of their portfolio | 207.8k $7.9m | Added +25.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 186.8k $7.1m | Reduced -14.3k |
| PINNACLE ASSOCIATES LTD 0.13% of their portfolio | 184.6k $7.0m | Reduced -25 |
| Squarepoint Ops LLC 0.03% of their portfolio | 152.2k $5.8m | Added +47.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 152.2k $5.8m | Added +25.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 147.4k $5.6m | Reduced -111 |
| Rock Point Advisors, LLC 1.82% of their portfolio | 138.4k $5.3m | Added +1.2k |
| JOHN G ULLMAN & ASSOCIATES INC 0.78% of their portfolio | 125.9k $4.8m | Reduced -3.9k |
| Legal & General Group Plc 0.00% of their portfolio | 125.2k $4.8m | Reduced -3.9k |
| First Washington CORP 1.83% of their portfolio | 118.9k $4.5m | Added +6.5k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.46% of their portfolio | 114.6k $4.4m | Added +4.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 108.3k $4.1m | Reduced -4.2k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 102.2k $3.9m | Reduced -1.2k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 99.5k $3.8m | Reduced -1.5k |
| Swiss National Bank 0.00% of their portfolio | 96.4k $3.7m | Added +1.2k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 95.9k $3.6m | Added +12.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 80.3k $3.1m | Reduced -977 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 65.5k $2.5m | Added +5.4k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 63.6k $2.4m | Reduced -33.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 63.5k $2.4m | Reduced -31.3k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 60.8k $2.3m | Reduced -5.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 56.8k $2.2m | Reduced -2.7k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 54.3k $2.1m | Reduced -23.6k |
| Advisors Asset Management, Inc. 0.04% of their portfolio | 53.6k $2.0m | Reduced -7.1k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 51.4k $2.0m | Reduced -2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 48.5k $1.8m | Reduced -4.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 45.8k $1.7m | Reduced -5.9k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 42.3k $1.6m | New |
| COMERICA BANK 0.01% of their portfolio | 41.3k $1.6m | Reduced -219.8k |
| 1492 Capital Management LLC 1.00% of their portfolio | 40.8k $1.6m | Reduced -974 |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 40.3k $1.5m | Reduced -1.8k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 39.3k $1.5m | Reduced -648 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 39.2k $1.5m | Added +1.9k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 37.3k $1.4m | Reduced -1.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 37.2k $1.4m | Reduced -10.2k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 35.8k $1.4m | Reduced -40 |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.17% of their portfolio | 33.6k $1.3m | New |
| EFG Asset Management (North America) Corp. 0.29% of their portfolio | 32.2k $1.2m | Added +12.2k |
| Occidental Asset Management, LLC 0.26% of their portfolio | 29.5k $1.1m | Added +13.5k |
| Orion Porfolio Solutions, LLC 0.01% of their portfolio | 29.5k $1.1m | Reduced -93 |
| Orion Portfolio Solutions, LLC 0.01% of their portfolio | 29.5k $1.1m | Reduced -93 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 29.4k $1.1m | Reduced -3.1k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 29.4k $1.1m | Reduced -20.2k |
| WESBANCO BANK INC 0.05% of their portfolio | 28.9k $1.1m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 28.5k $1.1m | Added +3.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 28.3k $1.1m | Added +2.1k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 27.3k $1.0m | Reduced -1.5k |
| BARCLAYS PLC 0.00% of their portfolio | 27.3k $1.0m | Added +3.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 26.0k $988.5k | Added +70 |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 25.7k $978.0k | New |
| SG Americas Securities, LLC 0.01% of their portfolio | 25.7k $976.0k | Reduced -9.8k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 24.2k $920.2k | Added +518 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 24.0k $913.1k | Added +3.3k |
| Jump Financial, LLC 0.03% of their portfolio | 23.7k $900.2k | Added +17.6k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.06% of their portfolio | 23.6k $896.7k | Unchanged |
| MetLife Investment Management, LLC 0.01% of their portfolio | 23.0k $875.2k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 22.8k $868.7k | Reduced -14.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 22.7k $861.5k | Added +2.7k |
| Louisiana State Employees Retirement System 0.02% of their portfolio | 22.4k $851.6k | Reduced -600 |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 21.8k $829.3k | Reduced -1.6k |
| Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio | 21.7k $825.0k | Reduced -4.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 21.6k $822.3k | Added +4.1k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 20.7k $788.6k | Unchanged |
| CAPITAL MANAGEMENT ASSOCIATES /NY/ 1.12% of their portfolio | 20.0k $760.0k | Unchanged |
| Voss Capital, LP 0.10% of their portfolio | 20.0k $760.4k | New |