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 ($3.9m this quarter). Holder counts are more reliable. Shares outstanding: 70.3m as of 2024-08-06, 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 ≈ $82.33. Options: 17 managers hold calls ($43.1m notional), 18 hold puts ($91.8m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 378 |
| Q4 2022 | 393 |
| Q1 2023 | 376 |
| Q2 2023 | 390 |
| Q3 2023 | 372 |
| Q4 2023 | 385 |
| Q1 2024 | 406 |
| Q2 2024 | 437 |
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 |
| Q3 2023 | 168 | 218 |
| Q4 2023 | 161 | 207 |
| Q1 2024 | 193 | 177 |
| Q2 2024 | 206 | 195 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $61.5m | $67.3m | 1.09 |
| Q4 2023 | $75.1m | $79.6m | 1.06 |
| Q1 2024 | $90.2m | $67.8m | 0.75 |
| Q2 2024 | $43.1m | $91.8m | 2.13 |
Biggest buyers
| 59 North Capital Management, LP | New | +1.6m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | New | +1.1m |
| Kinetic Partners Management, LP | New | +982.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +970.5k |
| T. Rowe Price Investment Management, Inc. | New | +850.1k |
| VANGUARD GROUP INC | Added | +694.5k |
| MARSHALL WACE, LLP | Added | +602.8k |
| Qube Research & Technologies Ltd | Added | +538.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +404.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +345.9k |
Biggest sellers
| MORGAN STANLEY | Reduced | -924.2k |
| Balyasny Asset Management L.P. | Sold out | -848.8k |
| Point72 Asset Management, L.P. | Sold out | -720.0k |
| FRANKLIN RESOURCES INC | Reduced | -682.0k |
| Berkshire Hathaway Inc | Reduced | -633.2k |
| COOPER INVESTORS PTY LTD | Reduced | -508.1k |
| FMR LLC | Reduced | -467.1k |
| Maple Rock Capital Partners Inc. | Sold out | -373.5k |
| Ceredex Value Advisors LLC | Reduced | -370.1k |
| Concentric Capital Strategies, LP | Sold out | -363.2k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $10.3m124.7k shares |
| Squarepoint Ops LLC | Added | $7.8m95.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.8m70.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.1m50.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $3.6m435 shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $2.5m30.0k shares |
| Walleye Trading LLC | Added | $1.8m21.6k shares |
| JPMORGAN CHASE & CO | Unchanged | $1.5m18.8k shares |
| Walleye Capital LLC | Reduced | $1.4m16.9k shares |
| UBS Group AG | Reduced | $1.2m15.0k shares |
Biggest puts
| Squarepoint Ops LLC | Added | $20.6m250.1k shares |
| UBS Group AG | Reduced | $20.2m245.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $10.2m1.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.5m115.2k shares |
| CITADEL ADVISORS LLC | Added | $7.0m84.5k shares |
| JPMORGAN CHASE & CO | Unchanged | $5.3m64.4k shares |
| TORNO CAPITAL, LLC | New | $4.4m54.0k shares |
| SIMPLEX TRADING, LLC | Added | $3.0m37.0k shares |
| GTS SECURITIES LLC | Added | $2.8m34.4k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $2.5m30.0k 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 2024
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 2022 | 1 | $300.2k | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $224.3k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 3 | $582.0k | $222.0k |
| Q1 2024 | 0 | — | 1 | $194.0k | $194.0k |
| Q2 2024 | 0 | — | 3 | $741.6k | $320.2k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-17 | Gottung Lizanne C Director | Sold plan | $320.2k3.6k shares |
| 2024-05-15 | Blosser Michael W SVP, Manufacturing Services | Sold | $335.1k3.7k shares |
| 2024-05-10 | HORTON OZEY K JR Director | Sold | $86.3k1.0k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 7.1m $582.7m | Added +694.5k |
| BlackRock Inc. 0.01% of their portfolio | 6.9m $566.8m | Reduced -310.8k |
| Berkshire Hathaway Inc 0.18% of their portfolio | 6.0m $491.1m | Reduced -633.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 2.7m $223.2m | Added +970.5k |
| FMR LLC 0.01% of their portfolio | 2.5m $208.3m | Reduced -467.1k |
| STATE STREET CORP 0.01% of their portfolio | 1.9m $160.1m | Reduced -42.6k |
| EMINENCE CAPITAL, LP 2.50% of their portfolio | 1.9m $155.1m | Reduced -226.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.8m $146.3m | Reduced -179.8k |
| 59 North Capital Management, LP 6.38% of their portfolio | 1.6m $129.6m | New |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.45% of their portfolio | 1.3m $109.5m | Added +404.3k |
| MARSHALL WACE, LLP 0.15% of their portfolio | 1.3m $103.4m | Added +602.8k |
| MACQUARIE GROUP LTD 0.11% of their portfolio | 1.2m $99.3m | Reduced -230.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.24% of their portfolio | 1.1m $91.1m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $88.2m | Added +36.7k |
| Kinetic Partners Management, LP 5.89% of their portfolio | 982.4k $80.9m | New |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 850.1k $70.0m | New |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 834.7k $68.7m | Reduced -291.5k |
| Channing Capital Management, LLC 1.83% of their portfolio | 811.5k $66.8m | Reduced -271.1k |
| MORGAN STANLEY 0.01% of their portfolio | 791.5k $65.2m | Reduced -924.2k |
| NORGES BANK 0.01% of their portfolio | 726.9k $59.8m | Added +39.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 653.1k $53.8m | Reduced -15.3k |
| Man Group plc 0.14% of their portfolio | 631.0k $51.9m | Added +336.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 624.9k $51.5m | Added +10.7k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 611.4k $50.3m | Added +538.6k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 584.3k $48.1m | Reduced -69.0k |
| Pictet Asset Management Holding SA 0.05% of their portfolio | 578.7k $47.6m | Reduced -135.5k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 5.33% of their portfolio | 536.7k $44.2m | Reduced -15.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 499.5k $41.1m | Reduced -974 |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 482.1k $39.7m | Reduced -101.1k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 470.1k $38.7m | Reduced -682.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.09% of their portfolio | 459.1k $37.8m | First filing |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 447.4k $36.8m | Added +292.2k |
| TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio | 428.6k $35.3m | Added +169.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 412.1k $33.9m | Added +345.9k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 379.5k $31.2m | Added +266.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 375.2k $30.9m | Added +55.8k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.42% of their portfolio | 319.4k $26.3m | Reduced -221.2k |
| Granite Investment Partners, LLC 1.06% of their portfolio | 312.3k $25.7m | Reduced -38.0k |
| BAMCO INC /NY/ 0.07% of their portfolio | 311.6k $25.7m | New |
| SEGALL BRYANT & HAMILL, LLC 0.44% of their portfolio | 304.4k $25.1m | Reduced -59.1k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 297.1k $24.5m | Reduced -26.4k |
| Hosking Partners LLP 0.89% of their portfolio | 293.1k $24.1m | Added +24.0k |
| EMERALD ADVISERS, LLC 1.00% of their portfolio | 289.7k $23.9m | Added +13.4k |
| COOPER INVESTORS PTY LTD 3.56% of their portfolio | 284.9k $23.5m | Reduced -508.1k |
| Invesco Ltd. 0.00% of their portfolio | 280.0k $23.1m | Reduced -102.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 278.5k $22.9m | Reduced -19.0k |
| Trexquant Investment LP 0.35% of their portfolio | 275.7k $22.7m | Added +183.0k |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 270.3k $22.3m | Added +239.2k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 269.0k $22.1m | Added +125.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 240.3k $19.8m | Reduced -67.0k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.99% of their portfolio | 229.0k $18.9m | Added +23.0k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 222.9k $18.4m | Added +152.3k |
| PATTEN & PATTEN INC/TN 1.25% of their portfolio | 216.4k $17.8m | Reduced -6.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 214.4k $17.6m | Reduced -5.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 213.0k $17.5m | Reduced -28.6k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 211.4k $17.4m | Reduced -3.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 202.1k $16.6m | Added +5.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 196.4k $16.2m | Added +56.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 194.3k $16.0m | Added +73.7k |
| Squarepoint Ops LLC 0.06% of their portfolio | 192.1k $15.8m | Added +83.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 186.8k $15.4m | Reduced -208.7k |
| ALGERT GLOBAL LLC 0.50% of their portfolio | 182.8k $15.0m | Added +12.1k |
| ROYCE & ASSOCIATES LP 0.14% of their portfolio | 176.1k $14.5m | Reduced -73.0k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 172.4k $14.2m | Added +139.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 163.4k $13.4m | Added +158.9k |
| First Eagle Investment Management, LLC 0.03% of their portfolio | 159.6k $13.1m | Reduced -19.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 156.4k $12.9m | Added +99.9k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 153.2k $12.6m | Reduced -9.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 139.0k $11.4m | Reduced -20.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 137.4k $11.3m | Reduced -2.1k |
| Legal & General Group Plc 0.00% of their portfolio | 135.5k $11.2m | Reduced -17.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 132.5k $10.9m | Added +12.1k |
| Swiss National Bank 0.01% of their portfolio | 127.9k $10.5m | Unchanged |
| Merewether Investment Management, LP 0.54% of their portfolio | 123.2k $10.1m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 117.1k $9.6m | Added +2.1k |
| Weiss Asset Management LP 0.46% of their portfolio | 115.8k $9.5m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 113.9k $9.4m | Added +54.0k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 113.8k $9.4m | Reduced -3.8k |
| Ceredex Value Advisors LLC 0.17% of their portfolio | 112.3k $9.2m | Reduced -370.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 111.6k $9.2m | Reduced -12.4k |
| Greenhaven Road Investment Management, L.P. 4.23% of their portfolio | 110.6k $9.1m | Added +6.0k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 109.7k $9.0m | Added +8.2k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.84% of their portfolio | 105.2k $8.7m | Reduced -233.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 104.8k $8.6m | Added +8.4k |
| Parcion Private Wealth LLC 0.77% of their portfolio | 102.0k $8.4m | Unchanged |
| GENDELL JEFFREY L 0.29% of their portfolio | 100.0k $8.2m | Unchanged |
| Gotham Asset Management, LLC 0.10% of their portfolio | 92.5k $7.6m | Added +56.4k |
| Engineers Gate Manager LP 0.15% of their portfolio | 81.8k $6.7m | Added +48.4k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 81.2k $6.7m | First filing |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 79.2k $6.5m | Added +49.7k |
| ROBOTTI ROBERT 1.02% of their portfolio | 79.2k $6.5m | Added +150 |
| Retirement Systems of Alabama 0.03% of their portfolio | 78.7k $6.5m | Reduced -1.9k |
| Walleye Capital LLC 0.06% of their portfolio | 73.6k $6.1m | Added +31.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 73.3k $6.0m | Unchanged |
| Skandinaviska Enskilda Banken AB (publ) 0.03% of their portfolio | 72.2k $5.9m | New |
| Bridgewater Associates, LP 0.03% of their portfolio | 69.6k $5.7m | Reduced -154.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 68.8k $5.7m | Reduced -16.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 67.9k $5.6m | Added +38.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 64.1k $5.3m | Reduced -1.5k |
| Amundi 0.00% of their portfolio | 62.0k $5.2m | Unchanged |