LOUISIANA PAC CORP LPX
COM · Common Stock · CUSIP 546347105 · ISIN US5463471053
American building products company
- SectorMaterials
- IndustryLumber & Wood Products (No Furniture)
- HeadquartersNashville, TN
- Founded1973
- Websitelpcorp.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 ($9.2m this quarter). Holder counts are more reliable. Shares outstanding: 72.1m as of 2023-07-31, 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 ≈ $74.76. Options: 20 managers hold calls ($70.6m notional), 18 hold puts ($71.1m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 378 |
| Q4 2022 | 393 |
| Q1 2023 | 376 |
| Q2 2023 | 390 |
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 | 166 | 214 |
| Q1 2023 | 149 | 225 |
| Q2 2023 | 159 | 226 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $30.3m | $69.1m | 2.28 |
| Q4 2022 | $47.5m | $72.4m | 1.52 |
| Q1 2023 | $43.0m | $42.9m | 1.00 |
| Q2 2023 | $70.6m | $71.1m | 1.01 |
Biggest buyers
| EMINENCE CAPITAL, LP | New | +1.9m |
| Anomaly Capital Management, LP | Added | +890.8k |
| Point72 Asset Management, L.P. | New | +881.6k |
| FRANKLIN RESOURCES INC | Added | +829.9k |
| Alyeska Investment Group, L.P. | Added | +430.0k |
| AMERICAN CENTURY COMPANIES INC | Added | +417.7k |
| PICTET ASSET MANAGEMENT SA | Added | +320.9k |
| Schonfeld Strategic Advisors LLC | Added | +289.6k |
| Cartenna Capital, LP | New | +220.0k |
| Long Pond Capital, LP | New | +180.5k |
Biggest sellers
| FMR LLC | Reduced | -2.3m |
| LSV ASSET MANAGEMENT | Reduced | -1.2m |
| Capital World Investors | Sold out | -485.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -388.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -349.4k |
| AMERIPRISE FINANCIAL INC | Reduced | -348.9k |
| BlackRock Inc. | Reduced | -332.6k |
| Man Group plc | Sold out | -261.8k |
| VANGUARD GROUP INC | Reduced | -229.6k |
| ROYAL BANK OF CANADA | Reduced | -225.2k |
Biggest calls
| PEAK6 Investments LLC | Added | $16.3m218.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $12.4m165.0k shares |
| CITADEL ADVISORS LLC | Reduced | $10.4m138.7k shares |
| UBS Group AG | Unchanged | $6.8m91.0k shares |
| Portman Square Capital LLP | New | $4.8m64.5k shares |
| Squarepoint Ops LLC | Added | $3.4m45.1k shares |
| Parallax Volatility Advisers, L.P. | New | $2.9m38.6k shares |
| JANE STREET GROUP, LLC | Reduced | $2.5m33.0k shares |
| Walleye Trading LLC | Reduced | $2.3m30.7k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $2.2m30.0k shares |
Biggest puts
| Portman Square Capital LLP | New | $18.9m252.2k shares |
| UBS Group AG | Unchanged | $9.1m121.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.1m108.4k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $7.5m100.0k shares |
| Squarepoint Ops LLC | Added | $6.4m85.0k shares |
| PEAK6 Investments LLC | Added | $4.9m65.9k shares |
| CITADEL ADVISORS LLC | Reduced | $2.7m35.6k shares |
| Walleye Capital LLC | Added | $2.6m35.3k shares |
| Hudson Bay Capital Management LP | New | $2.2m30.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.0m26.9k 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 2025-04-17 | 8.5% |
| 59 North Capital Management, LP 13G · passive investor new · filed 2025-11-13 | 5.4% |
Fell to 5% or below in the last year: PRICE T ROWE ASSOCIATES INC /MD/ (4.6%, 2026-08-14), EMINENCE CAPITAL, LP (3.6%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $359.7k | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $572.8k | — |
| Q3 2022 | 1 | $300.2k | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $224.3k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Berkshire Hathaway Inc 0.15% of their portfolio | 7.0m $528.2m | Unchanged |
| BlackRock Inc. 0.01% of their portfolio | 6.7m $505.7m | Reduced -332.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.5m $489.9m | Reduced -229.6k |
| FMR LLC 0.03% of their portfolio | 4.3m $323.6m | Reduced -2.3m |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 3.3m $249.9m | Reduced -32.5k |
| FIRST TRUST ADVISORS LP 0.27% of their portfolio | 3.1m $235.9m | Reduced -177.1k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.3m $172.3m | Reduced -20.0k |
| STATE STREET CORP 0.01% of their portfolio | 2.0m $150.3m | Reduced -97.7k |
| EMINENCE CAPITAL, LP 2.57% of their portfolio | 1.9m $143.0m | New |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 1.7m $129.8m | Reduced -173.5k |
| Anomaly Capital Management, LP 4.90% of their portfolio | 1.7m $127.0m | Added +890.8k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 1.3m $97.9m | Added +417.7k |
| PICTET ASSET MANAGEMENT SA 0.09% of their portfolio | 1.1m $78.9m | Added +320.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.0m $76.9m | Added +12.1k |
| Alyeska Investment Group, L.P. 0.56% of their portfolio | 981.2k $73.6m | Added +430.0k |
| Point72 Asset Management, L.P. 0.23% of their portfolio | 881.6k $66.1m | New |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 848.7k $63.6m | Added +829.9k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.99% of their portfolio | 828.0k $62.1m | Reduced -23.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 787.6k $59.1m | Reduced -30.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 714.6k $53.6m | Reduced -4.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 702.2k $52.7m | Reduced -39.0k |
| NORGES BANK 0.01% of their portfolio | 656.8k $49.2m | Reduced -7.8k |
| Invesco Ltd. 0.01% of their portfolio | 504.7k $37.8m | Reduced -125.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 457.8k $34.3m | Added +10.1k |
| ASSETMARK, INC 0.13% of their portfolio | 452.9k $34.0m | Reduced -25.6k |
| MORGAN STANLEY 0.00% of their portfolio | 415.8k $31.2m | Reduced -129.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.18% of their portfolio | 415.2k $31.1m | Reduced -42.4k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.17% of their portfolio | 409.3k $30.7m | Reduced -388.5k |
| Mirae Asset Global Investments Co., Ltd. 0.06% of their portfolio | 354.3k $26.6m | Added +37.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 334.4k $25.1m | Reduced -37.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 325.1k $24.4m | Reduced -105.8k |
| Schonfeld Strategic Advisors LLC 0.21% of their portfolio | 323.5k $24.3m | Added +289.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 314.6k $23.6m | Reduced -10.3k |
| ROYCE & ASSOCIATES LP 0.22% of their portfolio | 305.0k $22.9m | Reduced -20.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 269.9k $20.2m | Reduced -13.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 264.4k $19.8m | Reduced -113.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 259.5k $19.5m | Reduced -24.1k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 1.91% of their portfolio | 241.2k $18.1m | Added +170.2k |
| Hosking Partners LLP 0.76% of their portfolio | 240.1k $18.0m | Added +21.5k |
| PATTEN & PATTEN INC/TN 1.47% of their portfolio | 237.1k $17.8m | Added +280 |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 229.1k $17.2m | Reduced -12.3k |
| Verition Fund Management LLC 0.26% of their portfolio | 223.8k $16.8m | Added +60.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 222.9k $16.7m | Reduced -349.4k |
| Cartenna Capital, LP 2.35% of their portfolio | 220.0k $16.5m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 196.2k $14.7m | Reduced -348.9k |
| Brandywine Global Investment Management, LLC 0.12% of their portfolio | 188.9k $14.2m | Reduced -173.8k |
| Long Pond Capital, LP 0.80% of their portfolio | 180.5k $13.5m | New |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 179.4k $13.4m | Added +146.0k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 179.1k $13.4m | Reduced -31.2k |
| Cambria Investment Management, L.P. 1.10% of their portfolio | 176.8k $13.3m | Reduced -5.7k |
| Legal & General Group Plc 0.00% of their portfolio | 175.9k $13.2m | Reduced -7.7k |
| Man Group plc 0.04% of their portfolio | 168.7k $12.7m | New |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 160.4k $12.0m | Reduced -11.2k |
| JAT Capital Mgmt LP 2.77% of their portfolio | 160.2k $12.0m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 158.9k $11.9m | Added +314 |
| Baker Ellis Asset Management LLC 1.96% of their portfolio | 153.5k $11.5m | Reduced -6.6k |
| COMERICA BANK 0.00% of their portfolio | 152.9k $3 | First filing |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 150.8k $11.3m | Added +12.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 149.7k $11.2m | Added +31.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 144.6k $7.8m | Unchanged |
| First Eagle Investment Management, LLC 0.03% of their portfolio | 144.3k $10.8m | Added +7.3k |
| Swiss National Bank 0.01% of their portfolio | 141.1k $10.6m | Reduced -13.7k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 137.2k $10.3m | Reduced -68.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 134.4k $10.1m | Added +11.3k |
| Ceredex Value Advisors LLC 0.16% of their portfolio | 130.2k $9.8m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 129.1k $9.7m | Reduced -225.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 128.6k $9.6m | Reduced -16.2k |
| Coronation Fund Managers Ltd. 0.26% of their portfolio | 127.2k $9.5m | New |
| Walleye Capital LLC 0.16% of their portfolio | 122.0k $9.1m | Added +104.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 121.6k $9.1m | Added +46.3k |
| Baird Financial Group, Inc. 0.02% of their portfolio | 120.2k $9.0m | Added +100.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 118.6k $8.9m | Added +24.4k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 108.6k $8.1m | Reduced -2.1k |
| CAPITAL FUND MANAGEMENT S.A. 0.12% of their portfolio | 103.8k $7.8m | Reduced -49.1k |
| Parcion Private Wealth LLC 0.77% of their portfolio | 102.0k $7.6m | Unchanged |
| GENDELL JEFFREY L 0.58% of their portfolio | 100.0k $7.5m | Reduced -59.1k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 96.8k $7.3m | Reduced -79.6k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 96.6k $7.2m | Reduced -8 |
| Woodline Partners LP 0.08% of their portfolio | 94.7k $7.1m | Added +44.2k |
| Retirement Systems of Alabama 0.03% of their portfolio | 92.8k $7.0m | Reduced -836 |
| BARCLAYS PLC 0.00% of their portfolio | 84.8k $6.4m | Added +36.4k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.10% of their portfolio | 82.3k $6.2m | Reduced -20.3k |
| Vest Financial, LLC 0.57% of their portfolio | 82.1k $6.2m | Added +57.3k |
| Weiss Multi-Strategy Advisers LLC 0.13% of their portfolio | 80.3k $6.0m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 79.2k $5.9m | Reduced -10.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 77.9k $5.8m | Added +2.8k |
| Holocene Advisors, LP 0.03% of their portfolio | 76.3k $5.7m | Added +21.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 76.1k $5.7m | Reduced -52.7k |
| Bridgewater Associates, LP 0.04% of their portfolio | 75.9k $5.7m | Added +1.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 75.1k $5.6m | Reduced -14.5k |
| ROBOTTI ROBERT 0.88% of their portfolio | 72.4k $5.4m | Reduced -350 |
| NISA INVESTMENT ADVISORS, LLC 0.04% of their portfolio | 68.6k $5.1m | Unchanged |
| ALGERT GLOBAL LLC 0.22% of their portfolio | 68.6k $5.1m | New |
| Paradiem, LLC 1.43% of their portfolio | 67.2k $5.0m | Added +8.1k |
| Polar Asset Management Partners Inc. 0.10% of their portfolio | 64.4k $4.8m | New |
| TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio | 62.1k $4.7m | Reduced -3.5k |
| KGH Ltd 0.33% of their portfolio | 62.0k $4.6m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 59.8k $4.5m | Reduced -4.8k |
| Treasurer of the State of North Carolina 0.02% of their portfolio | 59.3k $4.4m | Reduced -749 |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 58.3k $4.4m | Added +7.2k |