Vault-13

M D C HLDGS INC

COM · Common Stock · CUSIP 552676108

323 institutional holders +22 vs Q1 2023
56,586,43556.6m shares reported held*
$2.6bnreported value*
54 new 99 added 120 reduced 35 sold out net sold ≈ $21.9m (-514.8k 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.44. Options: 8 managers hold calls ($11.9m notional), 8 hold puts ($43.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 283Q4 22: 306Q1 23: 301Q2 23: 323323Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022283
Q4 2022306
Q1 2023301
Q2 2023323

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 23Q2 23: 153 bought or addedQ2 23: 155 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022156127
Q1 2023150134
Q2 2023153155

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 8.27Q2 23 calls: $11.9mQ2 23 puts: $43.4mQ2 23P/C 3.65
Numbers
QuarterCallsPutsP/C
Q3 2022$3.7m$11.2m3.04
Q4 2022$4.6m$30.7m6.64
Q1 2023$8.3m$68.4m8.27
Q2 2023$11.9m$43.4m3.65

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +703,170+703.2k
Skandinaviska Enskilda Banken AB (publ) New +367,000+367.0k
ACADIAN ASSET MANAGEMENT LLC Added +325,497+325.5k
GOLDMAN SACHS GROUP INC Added +318,101+318.1k
AMERICAN CENTURY COMPANIES INC Added +302,140+302.1k
PINNACLE ASSOCIATES LTD New +213,955+214.0k
DIMENSIONAL FUND ADVISORS LP Added +190,193+190.2k
CHURCHILL MANAGEMENT Corp New +189,832+189.8k
Cubist Systematic Strategies, LLC Added +159,350+159.3k
ADVISORY RESEARCH INC Added +146,201+146.2k

Biggest sellers

STRS OHIO Reduced -724,000-724.0k
FMR LLC Reduced -506,108-506.1k
NFJ INVESTMENT GROUP, LLC Sold out -423,954-424.0k
BANK OF AMERICA CORP /DE/ Reduced -363,485-363.5k
BlackRock Inc. Reduced -337,350-337.4k
PEREGRINE CAPITAL MANAGEMENT LLC Reduced -294,923-294.9k
Brandywine Global Investment Management, LLC Reduced -239,722-239.7k
CITADEL ADVISORS LLC Reduced -185,324-185.3k
LSV ASSET MANAGEMENT Sold out -153,626-153.6k
HEARTLAND ADVISORS INC Reduced -130,202-130.2k

Biggest calls

CITADEL ADVISORS LLC Added $5.9m125.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.5m75.2k shares
SIMPLEX TRADING, LLC Added $776.0k16.6k shares
PEAK6 Investments LLC New $682.8k14.6k shares
GROUP ONE TRADING LLC Added $449.0k9.6k shares
JANE STREET GROUP, LLC Reduced $402.2k8.6k shares
Walleye Trading LLC Reduced $205.8k4.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Walleye Trading LLC Reduced $11.1m237.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $10.5m223.5k shares
JANE STREET GROUP, LLC Reduced $7.5m160.3k shares
CITADEL ADVISORS LLC Added $5.4m116.4k shares
SIMPLEX TRADING, LLC Reduced $4.6m98.3k shares
GROUP ONE TRADING LLC Reduced $2.4m52.3k shares
PEAK6 Investments LLC Reduced $1.9m40.0k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 9,890,6209.9m $462.6m $462.6m 0.01% Reduced -337.4k -337,350
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,875,1626.9m $321.6m $321.6m 0.01% Reduced -115.6k -115,552
3 DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio AUSTIN, TX 5,482,3385.5m $256.4m $256.4m 0.08% Added +190.2k +190,193
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,576,4532.6m $120.5m $120.5m 0.01% Added +94.9k +94,919
5 Capital World Investors 0.02% of their portfolio LOS ANGELES, CA 2,001,0002.0m $93.6m $93.6m 0.02% Unchanged
6 PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio DES MOINES, IA 1,803,5431.8m $84.3m $84.3m 0.06% Reduced -19.7k -19,718
7 Hamlin Capital Management, LLC 2.50% of their portfolio New York, NY 1,594,7771.6m $74.6m $74.6m 2.50% Reduced -11.2k -11,168
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,439,2061.4m $67.3m $67.3m 0.02% Added +78.0k +78,023
9 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,168,6381.2m $54.7m $54.7m 0.01% Added +113.3k +113,323
10 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,154,4201.2m $54.0m $54.0m 0.01% Reduced -61.4k -61,378
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,150,7231.2m $53.8m $53.8m 0.01% Added +43.3k +43,276
12 Pacer Advisors, Inc. 0.21% of their portfolio Malvern, PA 1,099,1131.1m $51.4m $51.4m 0.21% Reduced -30.1k -30,072
13 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 857,037857.0k $40.1m $40.1m 0.03% Reduced -62.0k -62,021
14 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 839,059839.1k $39.2m $39.2m 0.05% Added +703.2k +703,170
15 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 706,955707.0k $33.1m $33.1m 0.02% Added +302.1k +302,140
16 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 650,000650.0k $30.4m $30.4m 0.01% Added +8.1k +8,059
17 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 646,753646.8k $30.2m $30.2m 0.01% Added +318.1k +318,101
18 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 609,226609.2k $28.5m $28.5m 0.01% Added +71.5k +71,474
19 FMR LLC 0.00% of their portfolio BOSTON, MA 578,666578.7k $27.1m $27.1m 0.00% Reduced -506.1k -506,108
20 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 503,111503.1k $23.5m $23.5m 0.03% Reduced -101.0k -101,038
21 Advisors Capital Management, LLC 0.54% of their portfolio RIDGEWOOD, NJ 483,071483.1k $22.6m $22.6m 0.54% Reduced -5.9k -5,917
22 NORGES BANK 0.00% of their portfolio OSLO, Q8 474,298474.3k $22.2m $22.2m 0.00% Reduced -20.0k -19,998
23 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 454,337454.3k $21.3m $21.3m 0.01% Added +50.3k +50,349
24 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 445,304445.3k $20.8m $20.8m 0.02% Reduced -39.1k -39,087
25 Bahl & Gaynor LLC 0.11% of their portfolio CINCINNATI, OH 390,311390.3k $18.3m $18.3m 0.11% Added +37.1k +37,052
26 STRS OHIO 0.08% of their portfolio COLUMBUS, OH 386,000386.0k $18.1m $18.1m 0.08% Reduced -724.0k -724,000
27 Skandinaviska Enskilda Banken AB (publ) 0.11% of their portfolio STOCKHOLM, V7 367,000367.0k $17.2m $17.2m 0.11% New
28 ACADIAN ASSET MANAGEMENT LLC 0.07% of their portfolio Boston, MA 364,361364.4k $17.0m $17.0m 0.07% Added +325.5k +325,497
29 COMERICA BANK 0.00% of their portfolio DALLAS, TX 359,065359.1k $0 $0 0.00% First filing
30 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 316,627316.6k $14.8m $14.8m 0.02% Reduced -4.2k -4,215
31 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 266,761266.8k $12.5m $12.5m 0.00% Added +15.8k +15,782
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 255,352255.4k $11.9m $11.9m 0.00% Added +73.8k +73,780
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 253,853253.9k $11.9m $11.9m 0.00% Reduced -363.5k -363,485
34 NorthCoast Asset Management LLC 0.17% of their portfolio STAMFORD, CT 251,411251.4k $11.8m $11.8m 0.17% Reduced -2.1k -2,064
35 Cubist Systematic Strategies, LLC 0.13% of their portfolio STAMFORD, CT 248,675248.7k $11.6m $11.6m 0.13% Added +159.3k +159,350
36 Brandywine Global Investment Management, LLC 0.09% of their portfolio PHILADELPHIA, PA 240,052240.1k $11.2m $11.2m 0.09% Reduced -239.7k -239,722
37 Smith, Graham & Co., Investment Advisors, LP 1.27% of their portfolio Houston, TX 224,532224.5k $10.5m $10.5m 1.27% Reduced -10.0k -10,023
38 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 222,224222.2k $10.4m $10.4m 0.01% Added +5.8k +5,769
39 PINNACLE ASSOCIATES LTD 0.17% of their portfolio NEW YORK, NY 213,955214.0k $10.0m $10.0m 0.17% New
40 Squarepoint Ops LLC 0.05% of their portfolio NEW YORK, NY 206,965207.0k $9.7m $9.7m 0.05% Reduced -48.2k -48,162
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 199,267199.3k $9.3m $9.3m 0.00% Added +44.9k +44,883
42 ADVISORY RESEARCH INC 1.18% of their portfolio CHICAGO, IL 196,800196.8k $9.2m $9.2m 1.18% Added +146.2k +146,201
43 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 195,740195.7k $9.2m $9.2m 0.01% Added +85.9k +85,887
44 SYSTEMATIC FINANCIAL MANAGEMENT LP 0.29% of their portfolio TEANECK, NJ 195,230195.2k $9.1m $9.1m 0.29% Reduced -6.1k -6,092
45 CHURCHILL MANAGEMENT Corp 0.15% of their portfolio Los Angeles, CA 189,832189.8k $8.9m $8.9m 0.15% New
46 BURNEY CO/ 0.38% of their portfolio RESTON, VA 177,876177.9k $8.3m $8.3m 0.38% Added +5.5k +5,492
47 Legal & General Group Plc 0.00% of their portfolio London, X0 166,926166.9k $7.8m $7.8m 0.00% Reduced -4.3k -4,312
48 HEARTLAND ADVISORS INC 0.42% of their portfolio MILWAUKEE, WI 156,574156.6k $7.3m $7.3m 0.42% Reduced -130.2k -130,202
49 River Road Asset Management, LLC 0.10% of their portfolio LOUISVILLE, KY 155,935155.9k $7.3m $7.3m 0.10% Reduced -9.5k -9,475
50 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 153,266153.3k $7.2m $7.2m 0.00% Added +16.8k +16,781
51 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 148,734148.7k $7.0m $7.0m 0.00% Reduced -30.9k -30,936
52 Homestead Advisers Corp 0.17% of their portfolio Arlington, VA 134,288134.3k $6.3m $6.3m 0.17% Unchanged
53 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 133,981134.0k $4.5m $4.5m 0.01% Added +8.9k +8,943
54 Advisors Asset Management, Inc. 0.13% of their portfolio Monument, CO 131,828131.8k $6.2m $6.2m 0.13% Reduced -12.0k -11,967
55 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 131,265131.3k $6.1m $6.1m 0.01% Reduced -185.3k -185,324
56 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 127,028127.0k $5.9m $5.9m 0.01% Reduced -20.7k -20,669
57 TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio STAMFORD, CT 116,777116.8k $5.5m $5.5m 0.09% Reduced -38.1k -38,056
58 PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio BOSTON, MA 116,124116.1k $5.4m $5.4m 0.03% Added +43.3k +43,331
59 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 112,729112.7k $5.3m $5.3m 0.01% Unchanged
60 Swiss National Bank 0.00% of their portfolio ZURICH, V8 111,343111.3k $5.2m $5.2m 0.00% Reduced -11.7k -11,700
61 Man Group plc 0.02% of their portfolio LONDON, X0 108,197108.2k $5.1m $5.1m 0.02% New
62 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 106,420106.4k $5.0m $5.0m 0.01% Reduced -19.6k -19,634
63 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 103,829103.8k $4.9m $4.9m 0.03% Added +1.7k +1,699
64 Miller Value Partners, LLC 3.17% of their portfolio SARASOTA, FL 103,000103.0k $4.8m $4.8m 3.17% Reduced -4.0k -4,000
65 First Eagle Investment Management, LLC 0.01% of their portfolio NEW YORK, NY 101,700101.7k $4.8m $4.8m 0.01% Added +25.2k +25,200
66 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 98,48098.5k $4.6m $4.6m 0.01% Added +24.0k +23,956
67 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 93,55793.6k $4.4m $4.4m 0.00% Reduced -11.6k -11,633
68 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 92,59092.6k $4.3m $4.3m 0.01% Reduced -1.4k -1,412
69 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 91,78691.8k $4.3m $4.3m 0.00% Added +55.8k +55,842
70 NICHOLAS COMPANY, INC. 0.08% of their portfolio MILWAUKEE, WI 88,04088.0k $4.1m $4.1m 0.08% Unchanged
71 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 81,60881.6k $3.8m $3.8m 0.00% Added +7.4k +7,400
72 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 81,60081.6k $3.8m $3.8m 0.03% Reduced -5.5k -5,500
73 Integrated Advisors Network LLC 0.20% of their portfolio DALLAS, TX 75,76075.8k $3.5m $3.5m 0.20% Reduced -35.0k -35,020
74 LEUTHOLD GROUP, LLC 0.46% of their portfolio MINNEAPOLIS, MN 75,16775.2k $3.5m $3.5m 0.46% Reduced -2.7k -2,734
75 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 72,56372.6k $3.4m $3.4m 0.00% Reduced -66.9k -66,875
76 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% Unchanged
77 MARATHON CAPITAL MANAGEMENT 0.82% of their portfolio Hunt Valley, MD 71,14571.1k $3.3m $3.3m 0.82% Reduced -554 -554
78 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 67,88167.9k $3.2m $3.2m 0.01% Added +7.4k +7,431
79 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 66,12066.1k $3.1m $3.1m 0.02% Added +4.6k +4,635
80 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 65,32165.3k $3.1m $3.1m 0.00% Reduced -7.2k -7,226
81 FDx Advisors, Inc. 0.16% of their portfolio BERWYN, PA 61,46361.5k $2.9m $2.9m 0.16% New
82 Nordwand Advisors, LLC 0.48% of their portfolio RADNOR, PA 60,04860.0k $2.8m $2.8m 0.48% New
83 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 59,87559.9k $2.8m $2.8m 0.00% Reduced -338 -338
84 CAMBIAR INVESTORS LLC 0.12% of their portfolio Denver, CO 59,42559.4k $2.8m $2.8m 0.12% Reduced -6.9k -6,853
85 Polar Asset Management Partners Inc. 0.05% of their portfolio TORONTO, A6 58,00058.0k $2.7m $2.7m 0.05% New
86 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 57,36657.4k $2.7m $2.7m 0.01% Reduced -5.0k -4,969
87 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 55,95756.0k $2.6m $2.6m 0.01% Reduced -1.6k -1,590
88 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 55,23255.2k $2.6m $2.6m 0.01% Added +430 +430
89 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 55,21555.2k $2.6m $2.6m 0.00% Added +827 +827
90 Holocene Advisors, LP 0.01% of their portfolio New York, NY 53,58753.6k $2.5m $2.5m 0.01% Added +10.2k +10,176
91 Tidal Investments LLC 0.07% of their portfolio Milwaukee, WI 53,06553.1k $2.5m $2.5m 0.07% New
92 Robeco Institutional Asset Management B.V. 0.01% of their portfolio ROTTERDAM, P7 51,78351.8k $2.4m $2.4m 0.01% Added +23.8k +23,753
93 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 51,50451.5k $2.4m $2.4m 0.02% Reduced -572 -572
94 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 50,15150.2k $2.3m $2.3m 0.00% Added +32.4k +32,449
95 UBS Group AG 0.00% of their portfolio ZURICH, V8 47,53247.5k $2.2m $2.2m 0.00% Added +24.7k +24,682
96 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 47,43547.4k $2.2m $2.2m 0.01% Added +31.5k +31,499
97 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 47,39447.4k $2.2m $2.2m 0.02% Reduced -4.7k -4,665
98 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 46,58946.6k $2.2m $2.2m 0.00% Reduced -34.3k -34,319
99 RBF Capital, LLC 0.13% of their portfolio RENO, NV 45,70445.7k $2.1m $2.1m 0.13% Unchanged
100 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 45,55845.6k $2.1m $2.1m 0.00% Reduced -2.4k -2,356