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 ($456.6m this quarter). Holder counts are more reliable. Shares outstanding: 560.8m as of 2025-08-26, 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 ≈ $251.12. Options: 48 managers hold calls ($1.5bn notional), 53 hold puts ($1.8bn).
Trends to Q3 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 |
| Q3 2025 | 2,658 |
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 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 |
| Q3 2025 | 1,239 | 1,095 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $1.4bn | $1.7bn | 1.15 |
| Q1 2025 | $1.3bn | $1.2bn | 0.95 |
| Q2 2025 | $1.3bn | $1.1bn | 0.89 |
| Q3 2025 | $1.5bn | $1.8bn | 1.15 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +43.7m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.1m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +1.4m |
| Robeco Institutional Asset Management B.V. | Added | +626.8k |
| ALLIANCEBERNSTEIN L.P. | Added | +593.8k |
| Holocene Advisors, LP | New | +470.0k |
| Bank of New York Mellon Corp | Added | +463.0k |
| AQR CAPITAL MANAGEMENT LLC | Added | +431.3k |
| VANGUARD GROUP INC | Added | +329.8k |
| MORGAN STANLEY | Added | +311.2k |
Biggest sellers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.3m |
| ROYAL BANK OF CANADA | Reduced | -1.2m |
| Qube Research & Technologies Ltd | Reduced | -1.0m |
| FMR LLC | Reduced | -998.3k |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Reduced | -879.4k |
| FRANKLIN RESOURCES INC | Reduced | -632.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -613.1k |
| Amundi | Reduced | -605.7k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -566.8k |
| BARCLAYS PLC | Reduced | -530.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $488.4m1.9m shares |
| CITADEL ADVISORS LLC | Reduced | $199.8m795.1k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $91.7m365.0k shares |
| BARCLAYS PLC | Reduced | $84.8m337.4k shares |
| IMC-Chicago, LLC | Added | $78.3m311.5k shares |
| JANE STREET GROUP, LLC | Reduced | $59.5m236.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $51.6m203.7k shares |
| UBS Group AG | Added | $44.6m177.4k shares |
| Walleye Trading LLC | Added | $42.1m167.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $37.9m151.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $502.6m2.0m shares |
| IMC-Chicago, LLC | Added | $165.8m659.6k shares |
| CITADEL ADVISORS LLC | Added | $159.7m635.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $146.8m584.2k shares |
| BARCLAYS PLC | Added | $87.7m349.1k shares |
| UBS Group AG | Added | $69.7m277.2k shares |
| JANE STREET GROUP, LLC | Reduced | $60.1m239.3k shares |
| WOLVERINE TRADING, LLC | Added | $49.5m195.6k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $49.5m196.9k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $46.9m186.8k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2025 | 0 | — | 4 | $24.9m | $10.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-11 | McFarland Joseph Michael EVP, Stores | Sold | $11.9m43.8k shares |
| 2025-09-05 | Sink Brandon J EVP, Chief Financial Officer | Sold | $2.2m8.2k shares |
| 2025-08-26 | PRYOR JULIETTE WILLIAMS EVP, CLO & Corp. Sec. | Sold | $238.9k929 shares |
| 2025-08-20 | Ellison Marvin R Chairman, President & CEO, director | Sold plan | $10.6m40.0k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.60% of their portfolio | 75.2m $18.9bn | Added +43.7m |
| VANGUARD GROUP INC 0.21% of their portfolio | 55.3m $13.9bn | Added +329.8k |
| BlackRock, Inc. 0.17% of their portfolio | 39.2m $9.8bn | Reduced -122.1k |
| FMR LLC 0.34% of their portfolio | 25.8m $6.5bn | Reduced -998.3k |
| STATE STREET CORP 0.22% of their portfolio | 25.0m $6.3bn | Added +124.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 12.4m $3.1bn | Added +87.2k |
| MORGAN STANLEY 0.18% of their portfolio | 11.6m $2.9bn | Added +311.2k |
| WELLS FARGO & COMPANY/MN 0.52% of their portfolio | 10.2m $2.6bn | Reduced -94.0k |
| BANK OF AMERICA CORP /DE/ 0.19% of their portfolio | 9.9m $2.5bn | Reduced -280.9k |
| NORTHERN TRUST CORP 0.22% of their portfolio | 6.8m $1.7bn | Added +103.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.51% of their portfolio | 6.6m $1.7bn | Reduced -116.8k |
| GOLDMAN SACHS GROUP INC 0.18% of their portfolio | 4.9m $1.2bn | Reduced -162.8k |
| Invesco Ltd. 0.19% of their portfolio | 4.8m $1.2bn | Added +240.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.25% of their portfolio | 4.6m $1.2bn | Reduced -1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio | 4.5m $1.1bn | Added +235.6k |
| Bank of New York Mellon Corp 0.19% of their portfolio | 4.3m $1.1bn | Added +463.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.18% of their portfolio | 4.2m $1.1bn | Added +2.1m |
| FRANKLIN RESOURCES INC 0.25% of their portfolio | 3.9m $992.3m | Reduced -632.9k |
| Legal & General Group Plc 0.22% of their portfolio | 3.8m $960.8m | Added +80.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% of their portfolio | 3.6m $901.3m | Added +50.3k |
| Aristotle Capital Management, LLC 1.69% of their portfolio | 3.5m $874.5m | Reduced -222.6k |
| UBS Group AG 0.15% of their portfolio | 3.0m $751.5m | Reduced -76.7k |
| AMERIPRISE FINANCIAL INC 0.15% of their portfolio | 2.7m $668.2m | Added +193.9k |
| Nuveen, LLC 0.18% of their portfolio | 2.7m $671.6m | Reduced -207.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.37% of their portfolio | 2.3m $589.5m | Reduced -12.3k |
| ROYAL BANK OF CANADA 0.10% of their portfolio | 2.2m $548.4m | Reduced -1.2m |
| VICTORY CAPITAL MANAGEMENT INC 0.30% of their portfolio | 2.1m $517.2m | Added +1.4m |
| ALLIANCEBERNSTEIN L.P. 0.15% of their portfolio | 1.9m $477.3m | Added +593.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.32% of their portfolio | 1.6m $406.6m | Reduced -65.5k |
| Swiss National Bank 0.24% of their portfolio | 1.6m $406.0m | Reduced -78.9k |
| BARCLAYS PLC 0.15% of their portfolio | 1.6m $396.4m | Reduced -530.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.32% of their portfolio | 1.5m $388.7m | Added +715 |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 1.5m $372.1m | Added +28.3k |
| FIRST MANHATTAN CO. LLC. 0.98% of their portfolio | 1.5m $371.4m | Reduced -13.4k |
| Amundi 0.11% of their portfolio | 1.4m $342.4m | Reduced -605.7k |
| SALEM INVESTMENT COUNSELORS INC 10.02% of their portfolio | 1.4m $350.0m | Reduced -4.8k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 1.4m $342.7m | Reduced -17.4k |
| LONDON CO OF VIRGINIA 1.88% of their portfolio | 1.4m $341.1m | Reduced -26.3k |
| California Public Employees Retirement System 0.20% of their portfolio | 1.4m $340.5m | Added +210.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 1.3m $335.9m | Added +16.8k |
| RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio | 1.3m $334.4m | Reduced -14.2k |
| HSBC HOLDINGS PLC 0.19% of their portfolio | 1.3m $329.6m | Reduced -35.8k |
| National Pension Service 0.25% of their portfolio | 1.3m $323.4m | Added +33.7k |
| Robeco Institutional Asset Management B.V. 0.45% of their portfolio | 1.2m $312.9m | Added +626.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio | 1.2m $291.1m | Added +11.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.21% of their portfolio | 1.1m $287.6m | Added +49.4k |
| RHUMBLINE ADVISERS 0.22% of their portfolio | 1.1m $279.8m | Added +19.8k |
| AMERICAN CENTURY COMPANIES INC 0.14% of their portfolio | 1.1m $272.0m | Reduced -123.1k |
| PRUDENTIAL FINANCIAL INC 0.32% of their portfolio | 1.1m $267.7m | Added +238.7k |
| LORD, ABBETT & CO. LLC 0.77% of their portfolio | 1.0m $259.6m | Added +120.6k |
| PineStone Asset Management Inc. 1.52% of their portfolio | 972.6k $244.4m | Reduced -17.1k |
| LPL Financial LLC 0.07% of their portfolio | 971.2k $244.1m | Added +6.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.23% of their portfolio | 938.6k $235.2m | Added +77.4k |
| M&G PLC 1.25% of their portfolio | 936.2k $235.0m | Reduced -50.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.23% of their portfolio | 887.6k $223.1m | Added +10.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.15% of their portfolio | 862.0k $216.6m | Added +98.7k |
| FIL Ltd 0.17% of their portfolio | 850.5k $213.7m | Added +2.0k |
| ProShare Advisors LLC 0.44% of their portfolio | 844.3k $212.2m | Added +12.7k |
| Haverford Trust Co 1.91% of their portfolio | 841.0k $211.4m | Reduced -19.5k |
| Maj Invest Holding A/S 6.89% of their portfolio | 803.0k $201.8m | Added +108.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.15% of their portfolio | 761.9k $191.5m | Added +253.4k |
| Aberdeen Group plc 0.30% of their portfolio | 751.9k $190.5m | Added +104.2k |
| NorthCoast Asset Management LLC 0.72% of their portfolio | 737.1k $185.3m | Reduced -140.4k |
| Markel Group Inc. 1.48% of their portfolio | 726.7k $182.6m | Added +9.5k |
| BANK OF MONTREAL /CAN/ 0.08% of their portfolio | 725.7k $182.4m | Added +38.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.30% of their portfolio | 725.4k $182.3m | Added +76.6k |
| HighTower Advisors, LLC 0.21% of their portfolio | 722.3k $181.5m | Reduced -7.4k |
| Qube Research & Technologies Ltd 0.25% of their portfolio | 714.0k $179.4m | Reduced -1.0m |
| Pictet Asset Management Holding SA 0.17% of their portfolio | 702.9k $176.7m | Reduced -16.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.23% of their portfolio | 694.5k $174.5m | Reduced -36.6k |
| Fiera Capital Corp 0.56% of their portfolio | 684.6k $172.0m | Reduced -16.7k |
| JENNISON ASSOCIATES LLC 0.10% of their portfolio | 669.6k $168.3m | Added +171.9k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 656.2k $164.9m | Added +431.3k |
| ALKEON CAPITAL MANAGEMENT LLC 0.74% of their portfolio | 648.6k $163.0m | Unchanged |
| BROWN ADVISORY INC 0.21% of their portfolio | 636.2k $159.9m | Reduced -9.2k |
| SEI INVESTMENTS CO 0.17% of their portfolio | 628.7k $158.0m | Added +2.7k |
| Cullen Capital Management, LLC 1.71% of their portfolio | 622.0k $156.3m | Added +36.1k |
| STIFEL FINANCIAL CORP 0.14% of their portfolio | 620.1k $155.8m | Reduced -11.5k |
| NATIXIS ADVISORS, LLC 0.22% of their portfolio | 609.8k $153.3m | Added +47.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 608.4k $152.9m | Reduced -8.2k |
| CAPTRUST FINANCIAL ADVISORS 0.31% of their portfolio | 604.7k $152.0m | Added +1.3k |
| Russell Investments Group, Ltd. 0.17% of their portfolio | 584.4k $147.0m | Added +80.4k |
| OMERS ADMINISTRATION Corp 1.04% of their portfolio | 575.7k $144.7m | Reduced -100 |
| MACQUARIE GROUP LTD 0.17% of their portfolio | 568.9k $143.0m | Reduced -280.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.22% of their portfolio | 563.1k $141.5m | Added +266.7k |
| CANADA LIFE ASSURANCE Co 0.20% of their portfolio | 553.0k $140.0m | Added +12.2k |
| TORONTO DOMINION BANK 0.26% of their portfolio | 528.2k $132.8m | Added +294.0k |
| DAVENPORT & Co LLC 0.71% of their portfolio | 526.9k $132.6m | Reduced -3.0k |
| BARTLETT & CO. WEALTH MANAGEMENT LLC 1.73% of their portfolio | 521.1k $131.0m | Reduced -10.6k |
| CITIGROUP INC 0.09% of their portfolio | 516.6k $129.8m | Reduced -121.1k |
| Mariner, LLC 0.17% of their portfolio | 511.2k $128.5m | Added +11.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.22% of their portfolio | 509.1k $127.9m | Reduced -39.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.40% of their portfolio | 508.8k $127.9m | Reduced -89.1k |
| GREAT LAKES ADVISORS, LLC 1.07% of their portfolio | 508.6k $127.8m | Reduced -806 |
| JONES FINANCIAL COMPANIES LLLP 0.09% of their portfolio | 507.2k $129.8m | Added +54.9k |
| TRUIST FINANCIAL CORP 0.17% of their portfolio | 505.0k $126.9m | Reduced -20.8k |
| COMMERCE BANK 0.69% of their portfolio | 492.3k $123.7m | Reduced -5.4k |
| Thrivent Financial for Lutherans 0.24% of their portfolio | 478.7k $120.3m | Added +38.5k |
| Holocene Advisors, LP 0.27% of their portfolio | 470.0k $118.1m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.23% of their portfolio | 465.7k $117.0m | Reduced -27.1k |