LOWES COS INC LOW
COM · Common Stock · CUSIP 548661107 · ISIN US5486611073
American home improvement retail chain
* 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 ($490.9m this quarter). Holder counts are more reliable. Shares outstanding: 560.4m as of 2025-05-27, 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 ≈ $221.85. Options: 48 managers hold calls ($1.3bn notional), 59 hold puts ($1.1bn).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,178 |
| Q4 2022 | 2,299 |
| Q1 2023 | 2,304 |
| Q2 2023 | 2,352 |
| Q3 2023 | 2,313 |
| Q4 2023 | 2,464 |
| Q1 2024 | 2,508 |
| Q2 2024 | 2,459 |
| Q3 2024 | 2,556 |
| Q4 2024 | 2,712 |
| Q1 2025 | 2,649 |
| Q2 2025 | 2,609 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 902 | 1,129 |
| Q4 2023 | 985 | 1,101 |
| Q1 2024 | 1,030 | 1,200 |
| Q2 2024 | 1,071 | 1,103 |
| Q3 2024 | 1,112 | 1,117 |
| Q4 2024 | 1,034 | 1,175 |
| Q1 2025 | 1,088 | 1,257 |
| Q2 2025 | 1,123 | 1,170 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.6bn | $1.7bn | 1.03 |
| Q4 2024 | $1.4bn | $1.7bn | 1.15 |
| Q1 2025 | $1.3bn | $1.2bn | 0.95 |
| Q2 2025 | $1.3bn | $1.1bn | 0.89 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +3.8m |
| Qube Research & Technologies Ltd | Added | +1.3m |
| ROYAL BANK OF CANADA | Added | +1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.1m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Added | +791.5k |
| MORGAN STANLEY | Added | +517.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +503.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +501.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +491.0k |
| NORGES BANK | Added | +442.2k |
Biggest sellers
| Pacer Advisors, Inc. | Reduced | -2.0m |
| BESSEMER GROUP INC | Reduced | -1.7m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -1.2m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -823.9k |
| BANK OF AMERICA CORP /DE/ | Reduced | -722.1k |
| Invesco Ltd. | Reduced | -616.8k |
| FMR LLC | Reduced | -511.6k |
| Assenagon Asset Management S.A. | Reduced | -504.6k |
| Squarepoint Ops LLC | Reduced | -503.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -391.9k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $305.2m1.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $219.3m988.6k shares |
| BARCLAYS PLC | Added | $83.8m377.5k shares |
| Squarepoint Ops LLC | Added | $83.7m377.1k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $79.5m358.1k shares |
| JANE STREET GROUP, LLC | Added | $66.2m298.4k shares |
| WOLVERINE TRADING, LLC | Added | $47.9m214.0k shares |
| IMC-Chicago, LLC | Reduced | $43.0m193.6k shares |
| UBS Group AG | Reduced | $33.9m153.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $25.8m116.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $195.1m879.5k shares |
| CITADEL ADVISORS LLC | Reduced | $100.4m452.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $74.0m333.7k shares |
| BANK OF AMERICA CORP /DE/ | Added | $69.2m311.9k shares |
| JANE STREET GROUP, LLC | Added | $63.1m284.3k shares |
| UBS Group AG | Reduced | $54.8m246.9k shares |
| IMC-Chicago, LLC | Reduced | $49.9m224.9k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $38.8m175.1k shares |
| SOROS FUND MANAGEMENT LLC | New | $38.8m175.0k shares |
| WOLVERINE TRADING, LLC | Added | $36.2m161.8k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| JPMORGAN CHASE & CO 13G · institution +1.0 pts · filed 2025-10-31 | 6.5% |
| FMR LLC 13G · institution new · filed 2026-05-06 | 5.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
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 2023 | 0 | — | 2 | $2.2m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $8.1m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $1.7m | — |
| Q4 2024 | 1 | $245.5k | 4 | $11.7m | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 2 | $607.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-10 | Dupre Janice EVP, Human Resources | Sold | $350.0k1.6k shares |
| 2025-06-03 | PRYOR JULIETTE WILLIAMS EVP, CLO & Corp. Sec. | Sold | $257.1k1.1k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.20% of their portfolio | 55.0m $12.2bn | Added +367.0k |
| BlackRock, Inc. 0.17% of their portfolio | 39.3m $8.7bn | Reduced -238.5k |
| JPMORGAN CHASE & CO 0.48% of their portfolio | 31.5m $7.0bn | Added +3.8m |
| FMR LLC 0.34% of their portfolio | 26.8m $5.9bn | Reduced -511.6k |
| STATE STREET CORP 0.21% of their portfolio | 24.9m $5.5bn | Added +207.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 12.4m $2.7bn | Added +42.2k |
| MORGAN STANLEY 0.16% of their portfolio | 11.3m $2.5bn | Added +517.8k |
| WELLS FARGO & COMPANY/MN 0.50% of their portfolio | 10.3m $2.3bn | Reduced -99.5k |
| BANK OF AMERICA CORP /DE/ 0.18% of their portfolio | 10.2m $2.3bn | Reduced -722.1k |
| NORGES BANK 0.22% of their portfolio | 8.0m $1.8bn | Added +442.2k |
| NORTHERN TRUST CORP 0.21% of their portfolio | 6.7m $1.5bn | Reduced -198.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.47% of their portfolio | 6.7m $1.5bn | Reduced -258.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.27% of their portfolio | 5.9m $1.3bn | Added +1.1m |
| GOLDMAN SACHS GROUP INC 0.18% of their portfolio | 5.1m $1.1bn | Added +142.8k |
| Invesco Ltd. 0.17% of their portfolio | 4.6m $1.0bn | Reduced -616.8k |
| FRANKLIN RESOURCES INC 0.27% of their portfolio | 4.6m $1.0bn | Reduced -49.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio | 4.3m $949.7m | Added +501.5k |
| Bank of New York Mellon Corp 0.16% of their portfolio | 3.8m $850.2m | Reduced -255.0k |
| Legal & General Group Plc 0.21% of their portfolio | 3.7m $830.3m | Added +3.8k |
| Aristotle Capital Management, LLC 1.58% of their portfolio | 3.7m $821.4m | Reduced -55.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% of their portfolio | 3.5m $784.6m | Added +34.4k |
| ROYAL BANK OF CANADA 0.07% of their portfolio | 3.4m $758.9m | Added +1.3m |
| UBS Group AG 0.14% of their portfolio | 3.1m $680.5m | Added +144.3k |
| Nuveen, LLC 0.18% of their portfolio | 2.9m $638.9m | Reduced -41.3k |
| AMERIPRISE FINANCIAL INC 0.13% of their portfolio | 2.5m $547.1m | Reduced -116.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.37% of their portfolio | 2.4m $523.2m | Added +491.0k |
| BARCLAYS PLC 0.19% of their portfolio | 2.1m $467.7m | Added +117.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 2.1m $461.9m | Added +200.5k |
| Amundi 0.16% of their portfolio | 2.0m $459.0m | Added +225.6k |
| Qube Research & Technologies Ltd 0.53% of their portfolio | 1.7m $384.9m | Added +1.3m |
| Swiss National Bank 0.23% of their portfolio | 1.7m $375.9m | Added +101.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.32% of their portfolio | 1.7m $373.5m | Added +122.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.31% of their portfolio | 1.5m $343.0m | Added +185.0k |
| FIRST MANHATTAN CO. LLC. 0.93% of their portfolio | 1.5m $330.9m | Added +83.4k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 1.5m $322.2m | Added +10.1k |
| SALEM INVESTMENT COUNSELORS INC 9.83% of their portfolio | 1.4m $310.1m | Reduced -477 |
| LONDON CO OF VIRGINIA 1.74% of their portfolio | 1.4m $307.0m | Reduced -30.8k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 1.4m $306.4m | Reduced -10.3k |
| HSBC HOLDINGS PLC 0.19% of their portfolio | 1.3m $298.7m | Reduced -64.4k |
| RAYMOND JAMES FINANCIAL INC 0.10% of their portfolio | 1.3m $298.4m | Added +65.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.18% of their portfolio | 1.3m $292.8m | Added +20.5k |
| ALLIANCEBERNSTEIN L.P. 0.09% of their portfolio | 1.3m $289.6m | Added +121.6k |
| National Pension Service 0.24% of their portfolio | 1.3m $278.0m | Added +52.1k |
| AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio | 1.2m $267.5m | Added +16.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio | 1.1m $254.5m | Reduced -382.4k |
| California Public Employees Retirement System 0.16% of their portfolio | 1.1m $253.9m | Added +44.8k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 1.23% of their portfolio | 1.1m $247.8m | Added +791.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.19% of their portfolio | 1.1m $242.9m | Added +72.0k |
| RHUMBLINE ADVISERS 0.21% of their portfolio | 1.1m $242.6m | Reduced -5.2k |
| PineStone Asset Management Inc. 1.42% of their portfolio | 989.7k $219.6m | Added +68.6k |
| M&G PLC 1.21% of their portfolio | 986.9k $219.1m | Added +54.3k |
| LPL Financial LLC 0.07% of their portfolio | 964.8k $214.1m | Added +12.3k |
| LORD, ABBETT & CO. LLC 0.65% of their portfolio | 912.3k $202.4m | Added +83.4k |
| NorthCoast Asset Management LLC 0.83% of their portfolio | 877.6k $194.7m | Reduced -93.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.22% of their portfolio | 877.3k $194.6m | Added +2.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.39% of their portfolio | 868.3k $192.7m | Added +415.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.19% of their portfolio | 861.2k $190.5m | Reduced -823.9k |
| Haverford Trust Co 1.81% of their portfolio | 860.6k $190.9m | Reduced -1.6k |
| MACQUARIE GROUP LTD 0.23% of their portfolio | 849.3k $188.4m | Reduced -254.7k |
| FIL Ltd 0.16% of their portfolio | 848.4k $188.2m | Reduced -124.5k |
| ProShare Advisors LLC 0.37% of their portfolio | 831.5k $184.5m | Added +95.8k |
| PRUDENTIAL FINANCIAL INC 0.24% of their portfolio | 826.4k $183.3m | Added +5.8k |
| MILLENNIUM MANAGEMENT LLC 0.16% of their portfolio | 805.7k $178.8m | Added +503.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.14% of their portfolio | 763.3k $169.3m | Added +307.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.22% of their portfolio | 731.1k $162.2m | Reduced -33.2k |
| HighTower Advisors, LLC 0.20% of their portfolio | 729.7k $161.9m | Reduced -18.8k |
| Pictet Asset Management Holding SA 0.16% of their portfolio | 718.9k $159.5m | Reduced -59.0k |
| Markel Group Inc. 1.35% of their portfolio | 717.2k $159.1m | Added +9.0k |
| Fiera Capital Corp 0.53% of their portfolio | 701.2k $155.6m | Reduced -7.5k |
| Maj Invest Holding A/S 5.39% of their portfolio | 694.2k $154.0m | Reduced -9.4k |
| BANK OF MONTREAL /CAN/ 0.08% of their portfolio | 686.9k $152.4m | Reduced -98.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio | 670.0k $148.7m | Added +103.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.26% of their portfolio | 648.8k $143.9m | Added +31.0k |
| ALKEON CAPITAL MANAGEMENT LLC 0.70% of their portfolio | 648.6k $143.9m | Unchanged |
| Aberdeen Group plc 0.24% of their portfolio | 647.8k $142.6m | Added +42.5k |
| BROWN ADVISORY INC 0.19% of their portfolio | 645.4k $143.2m | Reduced -32.9k |
| CITIGROUP INC 0.10% of their portfolio | 637.6k $141.5m | Reduced -289.9k |
| STIFEL FINANCIAL CORP 0.14% of their portfolio | 631.6k $140.1m | Reduced -7.4k |
| SEI INVESTMENTS CO 0.16% of their portfolio | 626.0k $138.9m | Added +86.6k |
| Robeco Institutional Asset Management B.V. 0.22% of their portfolio | 618.1k $137.1m | Reduced -83.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 616.6k $136.8m | Reduced -28.5k |
| CAPTRUST FINANCIAL ADVISORS 0.30% of their portfolio | 603.4k $133.9m | Added +25.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.47% of their portfolio | 597.9k $132.6m | Added +137.5k |
| Cullen Capital Management, LLC 1.48% of their portfolio | 585.9k $130.0m | Added +41.9k |
| OMERS ADMINISTRATION Corp 1.00% of their portfolio | 575.8k $127.8m | Added +7.1k |
| NATIXIS ADVISORS, LLC 0.20% of their portfolio | 562.8k $124.9m | Added +11.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.22% of their portfolio | 548.3k $121.6m | Added +2.2k |
| CANADA LIFE ASSURANCE Co 0.19% of their portfolio | 540.8k $120.1m | Reduced -1.0k |
| BARTLETT & CO. WEALTH MANAGEMENT LLC 1.65% of their portfolio | 531.7k $118.0m | Reduced -1.2k |
| DAVENPORT & Co LLC 0.65% of their portfolio | 529.9k $117.7m | Added +72.9k |
| TRUIST FINANCIAL CORP 0.17% of their portfolio | 525.8k $116.7m | Reduced -5.5k |
| GREAT LAKES ADVISORS, LLC 0.95% of their portfolio | 509.5k $113.0m | Added +50.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 508.4k $112.8m | Reduced -242.6k |
| Russell Investments Group, Ltd. 0.14% of their portfolio | 504.0k $111.9m | Reduced -15.3k |
| Mariner, LLC 0.16% of their portfolio | 500.2k $111.0m | Added +2.3k |
| COMMERCE BANK 0.65% of their portfolio | 497.7k $110.4m | Reduced -1.2k |
| JENNISON ASSOCIATES LLC 0.07% of their portfolio | 497.6k $110.4m | Added +89.8k |
| Rockefeller Capital Management L.P. 0.13% of their portfolio | 496.1k $110.1m | Added +207.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.23% of their portfolio | 492.8k $109.3m | Reduced -363 |
| Public Sector Pension Investment Board 0.43% of their portfolio | 455.0k $101.0m | Reduced -34.4k |