Vault-13

M D C HLDGS INC

COM · Common Stock · CUSIP 552676108

301 institutional holders -5 vs Q4 2022
56,869,58956.9m shares reported held*
$2.2bnreported value*
33 new 117 added 97 reduced 37 sold out net bought ≈ $123.8m (+3.2m shares)

* 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 ($3.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.94. Options: 7 managers hold calls ($8.3m notional), 8 hold puts ($68.4m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 283Q4 22: 306Q1 23: 301301Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022283
Q4 2022306
Q1 2023301

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 156 bought or addedQ4 22: 127 cut or sold outQ4 22Q1 23: 150 bought or addedQ1 23: 134 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022156127
Q1 2023150134

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ3 22 calls: $3.7mQ3 22 puts: $11.2mQ3 22P/C 3.04Q4 22 calls: $4.6mQ4 22 puts: $30.7mQ4 22P/C 6.64Q1 23 calls: $8.3mQ1 23 puts: $68.4mQ1 23P/C 8.27
Numbers
QuarterCallsPutsP/C
Q3 2022$3.7m$11.2m3.04
Q4 2022$4.6m$30.7m6.64
Q1 2023$8.3m$68.4m8.27

Biggest buyers

STRS OHIO Added +794,320+794.3k
Pacer Advisors, Inc. Added +694,962+695.0k
FMR LLC Added +489,227+489.2k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +477,398+477.4k
AMERICAN CENTURY COMPANIES INC Added +388,006+388.0k
BANK OF AMERICA CORP /DE/ Added +242,829+242.8k
Brandywine Global Investment Management, LLC Added +239,511+239.5k
VANGUARD GROUP INC Added +228,745+228.7k
DIMENSIONAL FUND ADVISORS LP Added +200,972+201.0k
PRINCIPAL FINANCIAL GROUP INC Added +197,547+197.5k

Biggest sellers

LSV ASSET MANAGEMENT Reduced -698,597-698.6k
RENAISSANCE TECHNOLOGIES LLC Sold out -275,420-275.4k
MILLER HOWARD INVESTMENTS INC /NY Reduced -251,496-251.5k
BlackRock Inc. Reduced -180,501-180.5k
Cubist Systematic Strategies, LLC Reduced -163,242-163.2k
MILLENNIUM MANAGEMENT LLC Reduced -108,786-108.8k
Lumbard & Kellner, LLC Sold out -104,331-104.3k
VICTORY CAPITAL MANAGEMENT INC Reduced -98,691-98.7k
MORGAN STANLEY Reduced -75,283-75.3k
SYSTEMATIC FINANCIAL MANAGEMENT LP Reduced -71,789-71.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.7m94.2k shares
CITADEL ADVISORS LLC Added $3.4m88.6k shares
JANE STREET GROUP, LLC Added $598.6k15.4k shares
Walleye Trading LLC Added $415.9k10.7k shares
SIMPLEX TRADING, LLC Added $112.0k2.9k shares
GROUP ONE TRADING LLC Reduced $38.9k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $25.9m666.4k shares
Walleye Trading LLC Added $17.0m436.2k shares
JANE STREET GROUP, LLC Added $8.3m213.4k shares
SIMPLEX TRADING, LLC Added $7.9m203.7k shares
GROUP ONE TRADING LLC Reduced $4.4m112.3k shares
CITADEL ADVISORS LLC Added $3.0m77.4k shares
PEAK6 Investments LLC Added $1.9m49.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 10,227,97010.2m $397.6m $397.6m 0.01% Reduced -180.5k -180,501
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,990,7147.0m $271.7m $271.7m 0.01% Added +228.7k +228,745
3 DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio AUSTIN, TX 5,292,1455.3m $205.7m $205.7m 0.07% Added +201.0k +200,972
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,481,5342.5m $96.5m $96.5m 0.01% Reduced -21.6k -21,639
5 Capital World Investors 0.02% of their portfolio LOS ANGELES, CA 2,001,0002.0m $77.8m $77.8m 0.02% Unchanged
6 PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio DES MOINES, IA 1,823,2611.8m $70.9m $70.9m 0.05% Added +197.5k +197,547
7 Hamlin Capital Management, LLC 2.18% of their portfolio New York, NY 1,605,9451.6m $62.4m $62.4m 2.18% Reduced -41.3k -41,296
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,361,1831.4m $52.9m $52.9m 0.02% Added +477.4k +477,398
9 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,215,7981.2m $47.3m $47.3m 0.01% Added +47.8k +47,765
10 Pacer Advisors, Inc. 0.19% of their portfolio Malvern, PA 1,129,1851.1m $43.9m $43.9m 0.19% Added +695.0k +694,962
11 STRS OHIO 0.07% of their portfolio COLUMBUS, OH 1,110,0001.1m $43.1m $43.1m 0.07% Added +794.3k +794,320
12 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,107,4471.1m $43.0m $43.0m 0.01% Added +65.1k +65,137
13 FMR LLC 0.00% of their portfolio BOSTON, MA 1,084,7741.1m $42.2m $42.2m 0.00% Added +489.2k +489,227
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,055,3151.1m $41.0m $41.0m 0.00% Reduced -75.3k -75,283
15 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 919,058919.1k $35.7m $35.7m 0.03% Added +85.2k +85,248
16 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 641,941641.9k $25.0m $25.0m 0.00% Added +9.5k +9,520
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 617,338617.3k $24.0m $24.0m 0.00% Added +242.8k +242,829
18 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 604,149604.1k $23.5m $23.5m 0.03% Reduced -19.1k -19,101
19 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 537,752537.8k $20.9m $20.9m 0.01% Added +163.7k +163,661
20 NORGES BANK 0.00% of their portfolio OSLO, Q8 494,296494.3k $19.2m $19.2m 0.00% Added +73.7k +73,700
21 Advisors Capital Management, LLC 0.49% of their portfolio RIDGEWOOD, NJ 488,988489.0k $19.0m $19.0m 0.49% Added +4.2k +4,237
22 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 484,391484.4k $18.8m $18.8m 0.02% Reduced -108.8k -108,786
23 Brandywine Global Investment Management, LLC 0.08% of their portfolio PHILADELPHIA, PA 479,774479.8k $18.6m $18.6m 0.08% Added +239.5k +239,511
24 NFJ INVESTMENT GROUP, LLC 0.44% of their portfolio DALLAS, TX 423,954424.0k $16.5m $16.5m 0.44% Reduced -69.6k -69,558
25 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 404,815404.8k $15.7m $15.7m 0.01% Added +388.0k +388,006
26 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 403,988404.0k $15.7m $15.7m 0.01% Reduced -8.0k -8,049
27 Bahl & Gaynor LLC 0.07% of their portfolio CINCINNATI, OH 353,259353.3k $13.7m $13.7m 0.07% Reduced -21.7k -21,719
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 328,652328.7k $12.8m $12.8m 0.00% Added +71.8k +71,844
29 PEREGRINE CAPITAL MANAGEMENT LLC 0.36% of their portfolio MINNEAPOLIS, MN 321,955322.0k $12.5m $12.5m 0.36% Reduced -21.3k -21,269
30 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 320,842320.8k $12.5m $12.5m 0.01% Reduced -98.7k -98,691
31 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 316,589316.6k $12.3m $12.3m 0.01% Added +4.3k +4,312
32 HEARTLAND ADVISORS INC 0.69% of their portfolio MILWAUKEE, WI 286,776286.8k $11.1m $11.1m 0.69% Added +31.2k +31,234
33 Squarepoint Ops LLC 0.07% of their portfolio NEW YORK, NY 255,127255.1k $9.9m $9.9m 0.07% Reduced -10.0k -10,006
34 NorthCoast Asset Management LLC 0.17% of their portfolio STAMFORD, CT 253,475253.5k $9.9m $9.9m 0.17% Added +2.1k +2,054
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 250,979251.0k $9.8m $9.8m 0.00% Added +25.1k +25,119
36 Smith, Graham & Co., Investment Advisors, LP 1.11% of their portfolio Houston, TX 234,555234.6k $9.1m $9.1m 1.11% Reduced -739 -739
37 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 216,455216.5k $8.4m $8.4m 0.01% Added +40.5k +40,533
38 INVESTMENT MANAGEMENT OF VIRGINIA LLC 1.58% of their portfolio RICHMOND, VA 213,386213.4k $8.3m $8.3m 1.58% Reduced -240 -240
39 SYSTEMATIC FINANCIAL MANAGEMENT LP 0.26% of their portfolio TEANECK, NJ 201,322201.3k $7.8m $7.8m 0.26% Reduced -71.8k -71,789
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 181,572181.6k $7.1m $7.1m 0.00% Added +81.9k +81,928
41 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 179,670179.7k $7.0m $7.0m 0.00% Reduced -17.1k -17,099
42 BURNEY CO/ 0.33% of their portfolio RESTON, VA 172,384172.4k $6.7m $6.7m 0.33% Reduced -1.9k -1,936
43 Legal & General Group Plc 0.00% of their portfolio London, X0 171,238171.2k $6.7m $6.7m 0.00% Added +4.6k +4,633
44 River Road Asset Management, LLC 0.09% of their portfolio LOUISVILLE, KY 165,410165.4k $6.4m $6.4m 0.09% Added +7.1k +7,124
45 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 159,261159.3k $6.2m $6.2m 0.01% New
46 TUDOR INVESTMENT CORP ET AL 0.11% of their portfolio STAMFORD, CT 154,833154.8k $6.0m $6.0m 0.11% Added +75.0k +75,031
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 154,384154.4k $6.0m $6.0m 0.00% Added +18.7k +18,735
48 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 153,626153.6k $6.0m $6.0m 0.01% Reduced -698.6k -698,597
49 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 147,697147.7k $5.7m $5.7m 0.01% Reduced -2.3k -2,319
50 Advisors Asset Management, Inc. 0.11% of their portfolio Monument, CO 143,795143.8k $5.6m $5.6m 0.11% Reduced -4.4k -4,384
51 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 139,438139.4k $2.6m $2.6m 0.00% Added +67.8k +67,754
52 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 136,485136.5k $5.3m $5.3m 0.00% Reduced -14.1k -14,109
53 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 135,889135.9k $5.3m $5.3m 0.01% New
54 Homestead Advisers Corp 0.15% of their portfolio Arlington, VA 134,288134.3k $5.2m $5.2m 0.15% Unchanged
55 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 126,054126.1k $4.9m $4.9m 0.01% Reduced -27.0k -26,955
56 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 125,038125.0k $4.2m $4.2m 0.01% Reduced -17.2k -17,159
57 Swiss National Bank 0.00% of their portfolio ZURICH, V8 123,043123.0k $4.8m $4.8m 0.00% Reduced -14.5k -14,500
58 DENALI ADVISORS LLC 1.90% of their portfolio SAN DIEGO, CA 117,723117.7k $4.6m $4.6m 1.90% Reduced -5.8k -5,841
59 ExodusPoint Capital Management, LP 0.05% of their portfolio NEW YORK, NY 117,153117.2k $4.6m $4.6m 0.05% New
60 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 112,729112.7k $4.4m $4.4m 0.01% Added +5.6k +5,599
61 Integrated Advisors Network LLC 0.26% of their portfolio DALLAS, TX 110,780110.8k $4.3m $4.3m 0.26% Reduced -5.0k -4,998
62 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 109,853109.9k $4.3m $4.3m 0.01% New
63 Miller Value Partners, LLC 0.26% of their portfolio SARASOTA, FL 107,000107.0k $4.2m $4.2m 0.26% New
64 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 105,190105.2k $4.1m $4.1m 0.00% Added +20.0k +19,962
65 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 102,130102.1k $4.0m $4.0m 0.03% Reduced -1.6k -1,589
66 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 94,00294.0k $3.6m $3.6m 0.01% Reduced -793 -793
67 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 89,32589.3k $3.5m $3.5m 0.03% Reduced -163.2k -163,242
68 NICHOLAS COMPANY, INC. 0.07% of their portfolio MILWAUKEE, WI 88,04088.0k $3.4m $3.4m 0.07% Unchanged
69 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 87,10087.1k $3.4m $3.4m 0.03% Reduced -2.4k -2,400
70 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 80,90880.9k $3.1m $3.1m 0.01% Added +2.6k +2,575
71 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 79,56679.6k $3.1m $3.1m 0.00% Reduced -8.4k -8,370
72 LEUTHOLD GROUP, LLC 0.40% of their portfolio MINNEAPOLIS, MN 77,90177.9k $3.0m $3.0m 0.40% Reduced -1.6k -1,585
73 First Eagle Investment Management, LLC 0.01% of their portfolio NEW YORK, NY 76,50076.5k $3.0m $3.0m 0.01% Added +31.5k +31,500
74 COMMUNITY TRUST & INVESTMENT CO 0.25% of their portfolio LEXINGTON, KY 75,92975.9k $3.0m $3.0m 0.25% Reduced -1.1k -1,058
75 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 74,52474.5k $2.9m $2.9m 0.00% Added +6.7k +6,667
76 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 74,20874.2k $2.9m $2.9m 0.00% Reduced -8.4k -8,414
77 PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio BOSTON, MA 72,79372.8k $2.8m $2.8m 0.02% New
78 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 72,54772.5k $2.8m $2.8m 0.00% Added +217 +217
79 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 72,22372.2k $2.8m $2.8m 0.00% New
80 MARATHON CAPITAL MANAGEMENT 0.69% of their portfolio Hunt Valley, MD 71,69971.7k $2.8m $2.8m 0.69% Reduced -283 -283
81 Trexquant Investment LP 0.07% of their portfolio STAMFORD, CT 67,59667.6k $2.6m $2.6m 0.07% New
82 GREENHAVEN ASSOCIATES INC 0.04% of their portfolio Purchase, NY 66,55966.6k $2.6m $2.6m 0.04% Unchanged
83 CAMBIAR INVESTORS LLC 0.11% of their portfolio Denver, CO 66,27866.3k $2.6m $2.6m 0.11% Reduced -706 -706
84 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 62,33562.3k $2.4m $2.4m 0.01% Reduced -2.9k -2,885
85 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 61,48561.5k $2.4m $2.4m 0.02% Added +470 +470
86 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 60,45060.5k $2.3m $2.3m 0.01% Reduced -24.2k -24,237
87 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 60,21360.2k $2.3m $2.3m 0.00% Reduced -3.9k -3,876
88 ICON ADVISERS INC/CO 0.58% of their portfolio GREENWOOD VILLAGE, CO 58,67658.7k $2.3m $2.3m 0.58% Unchanged
89 WINTON GROUP Ltd 0.14% of their portfolio LONDON, X0 58,11158.1k $2.3m $2.3m 0.14% Added +20.4k +20,435
90 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 57,54757.5k $2.2m $2.2m 0.01% Reduced -5.7k -5,704
91 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 54,80254.8k $2.1m $2.1m 0.01% Added +7.4k +7,446
92 CIBC Private Wealth Group LLC 0.01% of their portfolio ATLANTA, GA 54,38854.4k $9.0m $9.0m 0.01% Added +27.5k +27,485
93 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 52,07652.1k $2.0m $2.0m 0.02% Added +13.7k +13,748
94 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 52,05952.1k $2.0m $2.0m 0.02% Added +31.8k +31,821
95 ADVISORY RESEARCH INC 0.32% of their portfolio CHICAGO, IL 50,59950.6k $2.0m $2.0m 0.32% Reduced -5.7k -5,650
96 Walleye Trading LLC 0.07% of their portfolio NEW YORK, NY 48,89648.9k $1.9m $1.9m 0.07% Added +32.1k +32,118
97 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 47,91447.9k $1.9m $1.9m 0.00% Added +2.4k +2,367
98 RBF Capital, LLC 0.13% of their portfolio RENO, NV 45,70445.7k $1.8m $1.8m 0.13% Unchanged
99 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 44,49244.5k $1.7m $1.7m 0.00% Added +11.3k +11,304
100 Holocene Advisors, LP 0.01% of their portfolio New York, NY 43,41143.4k $1.7m $1.7m 0.01% Reduced -15.5k -15,501