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 ($2.9m this quarter). Holder counts are more reliable. Shares outstanding: 43.7m as of 2026-04-24, 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 ≈ $119.78. Options: 6 managers hold calls ($43.8m notional), 6 hold puts ($10.0m).
Trends to Q1 2026
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 |
| Q4 2023 | 238 |
| Q1 2024 | 263 |
| Q2 2024 | 272 |
| Q3 2024 | 307 |
| Q4 2024 | 349 |
| Q1 2025 | 344 |
| Q2 2025 | 375 |
| Q3 2025 | 390 |
| Q4 2025 | 395 |
| Q1 2026 | 406 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 118 | 135 |
| Q3 2024 | 146 | 134 |
| Q4 2024 | 178 | 131 |
| Q1 2025 | 189 | 151 |
| Q2 2025 | 180 | 169 |
| Q3 2025 | 188 | 172 |
| Q4 2025 | 166 | 195 |
| Q1 2026 | 170 | 204 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $39.7m | $24.5m | 0.62 |
| Q3 2025 | $57.9m | $35.5m | 0.61 |
| Q4 2025 | $42.3m | $5.5m | 0.13 |
| Q1 2026 | $43.8m | $10.0m | 0.23 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +641.9k |
| FMR LLC | Added | +520.4k |
| FIRST TRUST ADVISORS LP | Added | +483.1k |
| GOLDMAN SACHS GROUP INC | Added | +248.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +213.2k |
| TWO SIGMA INVESTMENTS, LP | Added | +123.1k |
| Point72 Asset Management, L.P. | Added | +117.8k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +66.4k |
| FIFTH THIRD BANCORP | Added | +65.7k |
| Blue Sparrow, LLC /DE | New | +56.0k |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -1.6m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -440.3k |
| UBS Group AG | Reduced | -265.1k |
| ACK Asset Management LLC | Reduced | -250.0k |
| WASATCH ADVISORS LP | Reduced | -217.5k |
| Balyasny Asset Management L.P. | Reduced | -143.8k |
| CITADEL ADVISORS LLC | Reduced | -129.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -129.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -128.9k |
| Incline Global Management LLC | Reduced | -120.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $31.3m261.3k shares |
| BARCLAYS PLC | Unchanged | $6.0m50.0k shares |
| Caption Management, LLC | Added | $3.3m27.4k shares |
| CITADEL ADVISORS LLC | Added | $3.0m25.1k shares |
| IMC-Chicago, LLC | New | $215.8k1.8k shares |
| SIMPLEX TRADING, LLC | New | $12.0k100 shares |
Biggest puts
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | New | $6.0m50.0k shares |
| Militia Capital Management LLC | First filing | $1.9m45.3k shares |
| CITADEL ADVISORS LLC | Added | $923.1k7.7k shares |
| IMC-Chicago, LLC | New | $635.4k5.3k shares |
| SIMPLEX TRADING, LLC | New | $347.7k2.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $203.8k1.7k 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 Q1 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 1 | $45.9k | — |
| Q3 2024 | 0 | — | 2 | $546.8k | — |
| Q4 2024 | 0 | — | 3 | $3.4m | $2.7m |
| Q1 2025 | 0 | — | 3 | $533.2k | $383.0k |
| Q2 2025 | 1 | $103.3k | 4 | $3.0m | $2.8m |
| Q3 2025 | 0 | — | 3 | $608.3k | $223.1k |
| Q4 2025 | 0 | — | 2 | $955.8k | — |
| Q1 2026 | 0 | — | 3 | $6.7m | $6.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-30 | Larkin Kyle T President & CEO, director | Sold plan | $1.4m12.0k shares |
| 2026-03-27 | Larkin Kyle T President & CEO, director | Sold plan | $3.1m26.7k shares |
| 2026-03-27 | Dowd Brian R Senior Vice President | Sold plan | $726.1k6.1k shares |
| 2026-03-27 | WOOLSEY STACI M Chief Financial Officer | Sold plan | $415.1k3.5k shares |
| 2026-03-19 | Larkin Kyle T President & CEO, director | Sold plan | $876.5k7.3k shares |
| 2026-03-19 | WOOLSEY STACI M Chief Financial Officer | Sold plan | $182.5k1.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 6.6m $785.6m | Reduced -68.5k |
| FMR LLC 0.03% of their portfolio | 4.4m $531.5m | Added +520.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 2.4m $287.9m | First filing |
| STATE STREET CORP 0.01% of their portfolio | 2.2m $269.4m | Added +23.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.0m $234.1m | First filing |
| FIRST TRUST ADVISORS LP 0.12% of their portfolio | 1.4m $167.5m | Added +483.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 1.46% of their portfolio | 1.2m $142.4m | Reduced -70.2k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 1.2m $139.0m | Added +641.9k |
| Hill City Capital, LP 4.75% of their portfolio | 1.1m $133.1m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $128.1m | Added +25.5k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.1m $128.0m | Added +4.3k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 1.0m $123.3m | Reduced -440.3k |
| Hood River Capital Management LLC 1.07% of their portfolio | 889.5k $106.6m | Added +53.0k |
| MORGAN STANLEY 0.01% of their portfolio | 850.2k $101.9m | Reduced -94.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.34% of their portfolio | 849.3k $101.8m | Reduced -1.6m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 761.8k $91.3m | Added +248.2k |
| Cartenna Capital, LP 3.56% of their portfolio | 680.0k $81.5m | Reduced -35.0k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 657.4k $78.8m | Added +155 |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 647.6k $74.7m | Reduced -109.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 639.0k $76.6m | Reduced -128.9k |
| Nuveen, LLC 0.02% of their portfolio | 633.6k $76.0m | Reduced -29.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 569.4k $68.3m | Added +66.4k |
| Invesco Ltd. 0.01% of their portfolio | 562.7k $67.5m | Reduced -64.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 562.1k $67.4m | Reduced -6.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 536.1k $64.3m | Added +6.4k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 531.0k $63.7m | Reduced -6.2k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 1.44% of their portfolio | 525.3k $63.0m | Reduced -10.6k |
| Boston Partners 0.06% of their portfolio | 510.9k $61.4m | Reduced -27.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 509.7k $61.1m | Reduced -9.1k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 502.6k $60.3m | Reduced -22.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 468.0k $54.5m | Reduced -16.1k |
| WASATCH ADVISORS LP 0.36% of their portfolio | 449.6k $53.9m | Reduced -217.5k |
| UBS Group AG 0.01% of their portfolio | 382.5k $45.9m | Reduced -265.1k |
| Point72 Asset Management, L.P. 0.08% of their portfolio | 380.0k $45.5m | Added +117.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 374.5k $44.9m | Reduced -129.4k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 362.3k $43.4m | Reduced -37.6k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 358.9k $43.0m | Added +123.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.06% of their portfolio | 341.2k $40.9m | Added +7.7k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 338.4k $40.6m | Reduced -8.6k |
| HENNESSY ADVISORS INC 1.45% of their portfolio | 335.2k $40.2m | Reduced -35.1k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 323.9k $38.8m | Reduced -13.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 316.1k $37.9m | Reduced -68.5k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 300.1k $36.0m | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 287.7k $34.5m | Added +22.2k |
| Empower Advisory Group, LLC 0.08% of their portfolio | 253.7k $30.4m | Added +6.7k |
| ACK Asset Management LLC 3.74% of their portfolio | 250.0k $30.0m | Reduced -250.0k |
| NOMURA HOLDINGS INC 0.22% of their portfolio | 224.2k $26.9m | Reduced -9.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 213.2k $25.6m | New |
| FEDERATED HERMES, INC. 0.04% of their portfolio | 208.8k $25.0m | Added +6.0k |
| Mizuho Markets Cayman LP 1.29% of their portfolio | 200.0k $24.0m | Unchanged |
| SG Americas Securities, LLC 0.03% of their portfolio | 198.0k $23.7m | Added +5.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio | 183.5k $22.0m | Reduced -17.8k |
| Squarepoint Ops LLC 0.04% of their portfolio | 164.2k $19.7m | Reduced -60.9k |
| HRT FINANCIAL LP 0.07% of their portfolio | 156.9k $18.8m | Reduced -16.0k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.43% of their portfolio | 156.1k $18.7m | Reduced -22.4k |
| Public Sector Pension Investment Board 0.06% of their portfolio | 155.6k $18.7m | Added +4.5k |
| Man Group plc 0.04% of their portfolio | 152.3k $18.3m | Reduced -62.3k |
| RPG Investment Advisory, LLC 2.13% of their portfolio | 147.5k $17.7m | Reduced -24.6k |
| PINNACLE ASSOCIATES LTD 0.22% of their portfolio | 142.9k $17.1m | Reduced -3.9k |
| TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio | 136.7k $16.4m | Reduced -33.2k |
| HALLSTATT ADVISORS L.P. 12.56% of their portfolio | 132.5k $15.9m | Reduced -8.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 129.1k $15.5m | Reduced -2.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 127.6k $15.3m | Added +1.2k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 126.6k $15.2m | Reduced -143.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 124.3k $14.9m | Added +47.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 119.2k $14.3m | Reduced -572 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 115.0k $13.8m | Reduced -96.9k |
| Legal & General Group Plc 0.00% of their portfolio | 108.6k $13.0m | Reduced -9.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 104.8k $12.6m | Reduced -12.3k |
| Walleye Capital LLC 0.08% of their portfolio | 102.7k $12.3m | Reduced -39.1k |
| Advisors Asset Management, Inc. 0.20% of their portfolio | 102.1k $12.2m | Added +8.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 101.1k $12.1m | Reduced -30.8k |
| Schonfeld Strategic Advisors LLC 0.09% of their portfolio | 90.4k $10.8m | Added +4.5k |
| Swiss National Bank 0.01% of their portfolio | 86.4k $10.4m | Unchanged |
| MIZUHO MARKETS AMERICAS LLC 0.29% of their portfolio | 85.8k $10.3m | Reduced -62.6k |
| BARCLAYS PLC 0.00% of their portfolio | 84.5k $10.1m | Reduced -28.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 84.4k $10.1m | Reduced -33.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 81.7k $9.8m | Reduced -53.7k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 77.8k $9.3m | Added +32.1k |
| PDT Partners, LLC 0.54% of their portfolio | 75.7k $9.1m | Added +11.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 71.3k $8.5m | Reduced -6.1k |
| First Washington CORP 2.26% of their portfolio | 66.5k $8.0m | Reduced -55 |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 66.0k $7.9m | Added +65.7k |
| 12th Street Asset Management Company, LLC 1.22% of their portfolio | 62.4k $7.5m | Added +176 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 60.3k $7.2m | Reduced -6.8k |
| JOHN G ULLMAN & ASSOCIATES INC 0.92% of their portfolio | 57.8k $6.9m | Reduced -17.4k |
| Blue Sparrow, LLC /DE 0.11% of their portfolio | 56.0k $6.7m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 55.1k $6.6m | Reduced -51.4k |
| Bernzott Capital Advisors 3.14% of their portfolio | 54.7k $6.6m | Reduced -4.4k |
| Candelo Capital Management LP 6.54% of their portfolio | 54.3k $6.5m | Added +5.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 52.4k $6.3m | Added +10.5k |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 52.0k $6.2m | Reduced -8.7k |
| CREDIT AGRICOLE S A 0.02% of their portfolio | 51.3k $6.2m | Unchanged |
| HEARTLAND ADVISORS INC 0.31% of their portfolio | 51.0k $6.1m | Reduced -2.6k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.23% of their portfolio | 50.4k $6.0m | Added +1.1k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.09% of their portfolio | 50.1k $6.0m | Unchanged |
| GREAT LAKES ADVISORS, LLC 0.05% of their portfolio | 49.8k $6.0m | Reduced -3.1k |
| Rock Point Advisors, LLC 1.52% of their portfolio | 46.7k $5.6m | Reduced -12.1k |
| LEUTHOLD GROUP, LLC 0.58% of their portfolio | 45.6k $5.5m | Added +356 |
| RPg Family Wealth Advisory, LLC 1.13% of their portfolio | 45.1k $5.4m | Reduced -5.2k |