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 ($475.0m this quarter). Holder counts are more reliable. Shares outstanding: 561.0m as of 2025-11-24, 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 ≈ $240.21. Options: 43 managers hold calls ($1.3bn notional), 47 hold puts ($1.2bn).
Trends to Q4 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 |
| Q4 2025 | 2,716 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 1,100 | 1,210 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $1.3bn | $1.2bn | 0.95 |
| Q2 2025 | $1.3bn | $1.1bn | 0.89 |
| Q3 2025 | $1.5bn | $1.8bn | 1.15 |
| Q4 2025 | $1.3bn | $1.2bn | 0.95 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +2.0m |
| FMR LLC | Added | +1.7m |
| J. Stern & Co. LLP | Added | +1.5m |
| HSBC HOLDINGS PLC | Added | +1.3m |
| Mirova US LLC | New | +981.1k |
| VANGUARD GROUP INC | Added | +924.6k |
| VIKING GLOBAL INVESTORS LP | New | +912.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +887.6k |
| BESSEMER GROUP INC | Added | +820.3k |
| Focus Partners Wealth | Added | +814.9k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -39.1m |
| WELLS FARGO & COMPANY/MN | Reduced | -1.2m |
| MORGAN STANLEY | Reduced | -739.1k |
| NorthCoast Asset Management LLC | Reduced | -735.6k |
| Qube Research & Technologies Ltd | Sold out | -714.0k |
| Robeco Institutional Asset Management B.V. | Reduced | -710.9k |
| BANK OF AMERICA CORP /DE/ | Reduced | -561.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -559.2k |
| Invesco Ltd. | Reduced | -480.1k |
| MACQUARIE GROUP LTD | Reduced | -480.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $374.2m1.6m shares |
| CITADEL ADVISORS LLC | Reduced | $164.4m681.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $151.8m629.5k shares |
| IMC-Chicago, LLC | Added | $88.6m367.5k shares |
| JANE STREET GROUP, LLC | Added | $79.0m327.6k shares |
| Squarepoint Ops LLC | Added | $64.5m267.3k shares |
| UBS Group AG | Added | $42.8m177.5k shares |
| GOLDMAN SACHS GROUP INC | Added | $35.2m146.0k shares |
| Walleye Trading LLC | Reduced | $25.2m104.3k shares |
| ROYAL BANK OF CANADA | Added | $24.1m100.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $363.7m1.5m shares |
| CITADEL ADVISORS LLC | Reduced | $121.7m504.7k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $120.9m501.5k shares |
| UBS Group AG | Added | $78.7m326.3k shares |
| IMC-Chicago, LLC | Reduced | $71.5m296.6k shares |
| GOLDMAN SACHS GROUP INC | Added | $45.1m187.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $35.2m146.1k shares |
| Walleye Trading LLC | Reduced | $31.1m128.8k shares |
| Qube Research & Technologies Ltd | Added | $30.8m127.7k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $29.6m1.2k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2025 | 1 | $231.1k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-24 | Simkins Lawrence Director | Bought | $231.1k1.0k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.20% of their portfolio | 56.2m $13.6bn | Added +924.6k |
| BlackRock, Inc. 0.16% of their portfolio | 39.6m $9.6bn | Added +474.8k |
| JPMORGAN CHASE & CO 0.59% of their portfolio | 36.1m $8.7bn | Reduced -39.1m |
| FMR LLC 0.34% of their portfolio | 27.5m $6.6bn | Added +1.7m |
| STATE STREET CORP 0.20% of their portfolio | 24.7m $6.0bn | Reduced -342.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 13.3m $3.2bn | Added +887.6k |
| MORGAN STANLEY 0.16% of their portfolio | 10.8m $2.6bn | Reduced -739.1k |
| BANK OF AMERICA CORP /DE/ 0.16% of their portfolio | 9.3m $2.2bn | Reduced -561.7k |
| WELLS FARGO & COMPANY/MN 0.42% of their portfolio | 9.0m $2.2bn | Reduced -1.2m |
| NORGES BANK 0.21% of their portfolio | 8.3m $2.0bn | Not comparable |
| NORTHERN TRUST CORP 0.20% of their portfolio | 6.6m $1.6bn | Reduced -267.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.17% of their portfolio | 6.6m $1.6bn | Added +2.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.50% of their portfolio | 6.4m $1.5bn | Reduced -228.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.26% of their portfolio | 5.0m $1.2bn | Added +411.2k |
| GOLDMAN SACHS GROUP INC 0.15% of their portfolio | 4.4m $1.1bn | Reduced -559.2k |
| Invesco Ltd. 0.10% of their portfolio | 4.4m $1.0bn | Reduced -480.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.18% of their portfolio | 4.3m $1.0bn | Added +51.1k |
| FRANKLIN RESOURCES INC 0.23% of their portfolio | 3.9m $951.0m | Reduced -5.0k |
| Bank of New York Mellon Corp 0.16% of their portfolio | 3.8m $927.5m | Reduced -449.0k |
| Legal & General Group Plc 0.20% of their portfolio | 3.8m $904.4m | Reduced -73.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% of their portfolio | 3.7m $885.8m | Added +86.5k |
| Aristotle Capital Management, LLC 1.65% of their portfolio | 3.4m $826.2m | Reduced -53.7k |
| UBS Group AG 0.13% of their portfolio | 2.7m $656.8m | Reduced -266.7k |
| Nuveen, LLC 0.17% of their portfolio | 2.7m $641.8m | Reduced -11.0k |
| AMERIPRISE FINANCIAL INC 0.14% of their portfolio | 2.7m $634.6m | Reduced -32.1k |
| HSBC HOLDINGS PLC 0.18% of their portfolio | 2.6m $621.3m | Added +1.3m |
| ROYAL BANK OF CANADA 0.10% of their portfolio | 2.5m $595.9m | Added +288.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.33% of their portfolio | 2.4m $570.1m | Added +18.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.32% of their portfolio | 2.3m $559.6m | Added +262.5k |
| ALLIANCEBERNSTEIN L.P. 0.17% of their portfolio | 2.2m $523.9m | Added +273.4k |
| Amundi 0.12% of their portfolio | 1.9m $452.6m | Added +459.6k |
| California Public Employees Retirement System 0.23% of their portfolio | 1.7m $400.5m | Added +305.9k |
| Swiss National Bank 0.22% of their portfolio | 1.5m $370.6m | Reduced -78.7k |
| FIRST MANHATTAN CO. LLC. 0.95% of their portfolio | 1.5m $361.3m | Added +20.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.30% of their portfolio | 1.5m $360.4m | Reduced -52.5k |
| J. Stern & Co. LLP 0.13% of their portfolio | 1.5m $1.5m | Added +1.5m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.27% of their portfolio | 1.5m $358.3m | Reduced -132.1k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 1.5m $357.1m | Added +285 |
| AMERICAN CENTURY COMPANIES INC 0.17% of their portfolio | 1.4m $346.2m | Added +353.0k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 1.4m $341.0m | Added +50.5k |
| SALEM INVESTMENT COUNSELORS INC 9.50% of their portfolio | 1.4m $336.3m | Added +1.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 1.4m $327.5m | Added +21.2k |
| RAYMOND JAMES FINANCIAL INC 0.10% of their portfolio | 1.4m $327.0m | Added +25.0k |
| LONDON CO OF VIRGINIA 1.84% of their portfolio | 1.3m $318.4m | Reduced -37.1k |
| National Pension Service 0.23% of their portfolio | 1.3m $315.0m | Added +19.6k |
| Eurizon Capital SGR S.p.A. 0.96% of their portfolio | 1.3m $308.7m | First filing |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.20% of their portfolio | 1.2m $297.0m | Added +58.8k |
| BARCLAYS PLC 0.12% of their portfolio | 1.2m $286.7m | Reduced -388.6k |
| RHUMBLINE ADVISERS 0.22% of their portfolio | 1.1m $266.1m | Reduced -9.7k |
| Focus Partners Wealth 0.30% of their portfolio | 1.1m $259.7m | Added +814.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio | 1.0m $247.6m | Reduced -131.6k |
| LPL Financial LLC 0.07% of their portfolio | 993.3k $239.6m | Added +22.2k |
| Mirova US LLC 2.38% of their portfolio | 981.1k $236.6m | New |
| LORD, ABBETT & CO. LLC 0.72% of their portfolio | 976.3k $235.4m | Reduced -56.6k |
| PRUDENTIAL FINANCIAL INC 0.28% of their portfolio | 970.5k $234.0m | Reduced -94.6k |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 951.0k $229.3m | Added +225.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.22% of their portfolio | 944.4k $227.2m | Added +5.8k |
| PineStone Asset Management Inc. 1.39% of their portfolio | 926.4k $223.4m | Reduced -46.3k |
| M&G PLC 1.14% of their portfolio | 918.8k $221.4m | Reduced -17.4k |
| VIKING GLOBAL INVESTORS LP 0.58% of their portfolio | 912.0k $219.9m | New |
| FIL Ltd 0.16% of their portfolio | 902.1k $217.6m | Added +51.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.21% of their portfolio | 860.9k $207.6m | Reduced -26.7k |
| BESSEMER GROUP INC 0.31% of their portfolio | 843.5k $203.4m | Added +820.3k |
| Haverford Trust Co 1.76% of their portfolio | 817.9k $197.2m | Reduced -23.1k |
| CITIGROUP INC 0.13% of their portfolio | 811.4k $195.7m | Added +294.8k |
| D. E. Shaw & Co., Inc. 0.15% of their portfolio | 809.7k $195.3m | Added +787.8k |
| Aberdeen Group plc 0.30% of their portfolio | 807.6k $194.8m | Added +55.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.48% of their portfolio | 763.3k $184.1m | Added +254.5k |
| ProShare Advisors LLC 0.32% of their portfolio | 761.3k $183.6m | Reduced -82.9k |
| Markel Group Inc. 1.41% of their portfolio | 734.5k $177.1m | Added +7.8k |
| Corient Private Wealth LP 0.10% of their portfolio | 733.6k $149.7m | Added +463.6k |
| Pictet Asset Management Holding SA 0.17% of their portfolio | 727.0k $175.3m | Added +24.1k |
| Russell Investments Group, Ltd. 0.19% of their portfolio | 715.8k $172.8m | Added +131.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.28% of their portfolio | 708.4k $171.1m | Reduced -17.0k |
| HighTower Advisors, LLC 0.18% of their portfolio | 691.7k $166.8m | Reduced -30.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.22% of their portfolio | 688.5k $166.0m | Reduced -6.0k |
| JENNISON ASSOCIATES LLC 0.10% of their portfolio | 682.7k $164.6m | Added +13.1k |
| Fiera Capital Corp 0.51% of their portfolio | 661.5k $159.5m | Reduced -23.1k |
| SEI INVESTMENTS CO 0.15% of their portfolio | 648.6k $156.4m | Added +20.0k |
| NATIXIS ADVISORS, LLC 0.22% of their portfolio | 631.0k $152.2m | Added +21.1k |
| BROWN ADVISORY INC 0.21% of their portfolio | 624.5k $150.6m | Reduced -11.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 622.4k $150.1m | Added +14.0k |
| PINEBRIDGE INVESTMENTS LLC 1.09% of their portfolio | 615.5k $148.4m | First filing |
| STIFEL FINANCIAL CORP 0.13% of their portfolio | 614.9k $148.3m | Reduced -5.2k |
| CAPTRUST FINANCIAL ADVISORS 0.28% of their portfolio | 608.1k $146.6m | Added +3.4k |
| Cullen Capital Management, LLC 1.60% of their portfolio | 607.8k $146.6m | Reduced -14.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio | 597.4k $144.1m | Reduced -264.6k |
| Thrivent Financial for Lutherans 0.25% of their portfolio | 579.9k $139.9m | Added +101.2k |
| OMERS ADMINISTRATION Corp 0.98% of their portfolio | 567.5k $136.9m | Reduced -8.2k |
| JONES FINANCIAL COMPANIES LLLP 0.08% of their portfolio | 550.6k $132.8m | Added +43.5k |
| Mariner, LLC 0.16% of their portfolio | 544.9k $131.4m | Added +33.7k |
| TORONTO DOMINION BANK 0.23% of their portfolio | 543.4k $131.0m | Added +15.2k |
| Robeco Institutional Asset Management B.V. 0.18% of their portfolio | 534.1k $128.8m | Reduced -710.9k |
| AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 532.2k $128.4m | Reduced -124.0k |
| Maj Invest Holding A/S 5.95% of their portfolio | 530.5k $127.9m | Reduced -272.5k |
| 1832 Asset Management L.P. 0.16% of their portfolio | 526.7k $127.0m | Added +251.6k |
| DAVENPORT & Co LLC 0.69% of their portfolio | 526.6k $127.2m | Reduced -276 |
| BARTLETT & CO. WEALTH MANAGEMENT LLC 1.62% of their portfolio | 513.1k $123.7m | Reduced -8.0k |
| GREAT LAKES ADVISORS, LLC 0.99% of their portfolio | 503.9k $121.5m | Reduced -4.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.47% of their portfolio | 503.6k $121.5m | Added +278.2k |