Vault-13

M D C HLDGS INC

COM · Common Stock · CUSIP 552676108

368 institutional holders +21 vs Q3 2023
68,030,41268.0m shares reported held*
$3.8bnreported value*
56 new 121 added 132 reduced 42 sold out net bought ≈ $78.2m (+1.6m 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.26. Options: 8 managers hold calls ($11.7m notional), 9 hold puts ($42.0m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 283Q4 22: 306Q1 23: 301Q2 23: 323Q3 23: 347Q4 23: 368368Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022283
Q4 2022306
Q1 2023301
Q2 2023323
Q3 2023347
Q4 2023368

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 23Q3 23: 171 bought or addedQ3 23: 150 cut or sold outQ3 23Q4 23: 177 bought or addedQ4 23: 174 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022156127
Q1 2023150134
Q2 2023153155
Q3 2023171150
Q4 2023177174

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ1 23 calls: $8.3mQ1 23 puts: $68.4mQ1 23P/C 8.27Q2 23 calls: $11.9mQ2 23 puts: $43.4mQ2 23P/C 3.65Q3 23 calls: $7.4mQ3 23 puts: $19.7mQ3 23P/C 2.66Q4 23 calls: $11.7mQ4 23 puts: $42.0mQ4 23P/C 3.59
Numbers
QuarterCallsPutsP/C
Q1 2023$8.3m$68.4m8.27
Q2 2023$11.9m$43.4m3.65
Q3 2023$7.4m$19.7m2.66
Q4 2023$11.7m$42.0m3.59

Biggest buyers

Pacer Advisors, Inc. Added +940,810+940.8k
MORGAN STANLEY Added +917,064+917.1k
BlackRock Inc. Added +573,225+573.2k
JPMORGAN CHASE & CO Added +299,678+299.7k
RAYMOND JAMES & ASSOCIATES Added +168,214+168.2k
AMERICAN CENTURY COMPANIES INC Added +150,347+150.3k
DIMENSIONAL FUND ADVISORS LP Added +98,369+98.4k
FIRST TRUST ADVISORS LP Added +80,219+80.2k
GEODE CAPITAL MANAGEMENT, LLC Added +73,636+73.6k
JANE STREET GROUP, LLC Added +69,467+69.5k

Biggest sellers

SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -234,772-234.8k
Man Group plc Sold out -210,800-210.8k
Cubist Systematic Strategies, LLC Sold out -202,328-202.3k
Invesco Ltd. Reduced -200,885-200.9k
MILLENNIUM MANAGEMENT LLC Reduced -196,443-196.4k
PRINCIPAL FINANCIAL GROUP INC Reduced -154,304-154.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -146,298-146.3k
Squarepoint Ops LLC Reduced -123,126-123.1k
Bank of New York Mellon Corp Reduced -115,646-115.6k
BARCLAYS PLC Reduced -90,903-90.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.6m65.9k shares
CITADEL ADVISORS LLC Added $3.3m60.4k shares
PEAK6 Investments LLC Added $2.9m53.1k shares
JANE STREET GROUP, LLC Reduced $574.6k10.4k shares
SIMPLEX TRADING, LLC Added $574.0k10.4k shares
Walleye Trading LLC Added $447.5k8.1k shares
GROUP ONE TRADING LLC Reduced $165.8k3.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $23.9m433.0k shares
CITADEL ADVISORS LLC Added $6.8m122.4k shares
SIMPLEX TRADING, LLC Added $5.0m90.3k shares
PEAK6 Investments LLC Added $2.8m49.9k shares
GROUP ONE TRADING LLC Added $2.5m46.0k shares
JANE STREET GROUP, LLC Reduced $408.9k7.4k shares
Walleye Trading LLC Added $342.6k6.2k shares
Walleye Capital LLC Reduced $226.5k4.1k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 10,446,52410.4m $577.2m $577.2m 0.01% Added +573.2k +573,225
2 CVentures, Inc. 100.00% of their portfolio GREENWOOD VLG, CO 8,875,4898.9m $490.4m $490.4m 100.00% Not comparable
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 7,043,8527.0m $389.2m $389.2m 0.01% Added +59.2k +59,151
4 DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio AUSTIN, TX 5,653,8415.7m $312.4m $312.4m 0.09% Added +98.4k +98,369
5 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,643,4512.6m $146.1m $146.1m 0.01% Added +3.1k +3,066
6 Pacer Advisors, Inc. 0.39% of their portfolio Malvern, PA 2,492,7332.5m $137.7m $137.7m 0.39% Added +940.8k +940,810
7 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,119,3822.1m $117.1m $117.1m 0.01% Added +917.1k +917,064
8 Capital World Investors 0.02% of their portfolio LOS ANGELES, CA 2,001,0002.0m $110.6m $110.6m 0.02% Unchanged
9 Hamlin Capital Management, LLC 2.74% of their portfolio New York, NY 1,576,2761.6m $87.1m $87.1m 2.74% Reduced -11.7k -11,672
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,520,0241.5m $84.0m $84.0m 0.02% Added +27.4k +27,397
11 PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio DES MOINES, IA 1,493,7441.5m $82.5m $82.5m 0.05% Reduced -154.3k -154,304
12 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,284,1361.3m $71.0m $71.0m 0.01% Added +73.6k +73,636
13 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 1,075,9491.1m $59.4m $59.4m 0.04% Added +150.3k +150,347
14 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,009,6951.0m $55.8m $55.8m 0.01% Reduced -115.6k -115,646
15 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 898,855898.9k $49.7m $49.7m 0.04% Added +168.2k +168,214
16 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 708,525708.5k $39.1m $39.1m 0.04% Added +80.2k +80,219
17 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio BOSTON, MA 684,972685.0k $37.8m $37.8m 0.04% Reduced -21.5k -21,527
18 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 661,871661.9k $36.6m $36.6m 0.01% Reduced -180 -180
19 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 601,186601.2k $33.2m $33.2m 0.03% Reduced -196.4k -196,443
20 FMR LLC 0.00% of their portfolio BOSTON, MA 557,297557.3k $30.8m $30.8m 0.00% Reduced -27.5k -27,468
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 519,976520.0k $28.7m $28.7m 0.00% Added +299.7k +299,678
22 Advisors Capital Management, LLC 0.50% of their portfolio RIDGEWOOD, NJ 440,255440.3k $24.3m $24.3m 0.50% Reduced -48.5k -48,492
23 Bahl & Gaynor LLC 0.14% of their portfolio CINCINNATI, OH 430,168430.2k $23.8m $23.8m 0.14% Added +8.1k +8,065
24 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 423,909423.9k $23.4m $23.4m 0.01% Reduced -200.9k -200,885
25 Skandinaviska Enskilda Banken AB (publ) 0.13% of their portfolio STOCKHOLM, V7 418,900418.9k $23.1m $23.1m 0.13% Added +24.5k +24,500
26 NORGES BANK 0.00% of their portfolio OSLO, Q8 418,806418.8k $23.1m $23.1m 0.00% Reduced -22.7k -22,701
27 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 400,696400.7k $22.1m $22.1m 0.01% Reduced -31.9k -31,938
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 390,794390.8k $21.6m $21.6m 0.00% Reduced -80.9k -80,910
29 STRS OHIO 0.09% of their portfolio COLUMBUS, OH 380,500380.5k $21.0m $21.0m 0.09% Reduced -6.4k -6,400
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 293,724293.7k $16.2m $16.2m 0.00% Added +35.5k +35,510
31 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 293,573293.6k $16.2m $16.2m 0.02% Added +25.1k +25,087
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 270,022270.0k $14.9m $14.9m 0.00% Added +29.5k +29,486
33 ADVISORY RESEARCH INC 2.27% of their portfolio CHICAGO, IL 266,691266.7k $14.7m $14.7m 2.27% Added +19.9k +19,879
34 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 245,314245.3k $13.6m $13.6m 0.01% Added +1.2k +1,155
35 NorthCoast Asset Management LLC 0.22% of their portfolio STAMFORD, CT 241,893241.9k $13.4m $13.4m 0.22% Reduced -6.3k -6,320
36 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 225,795225.8k $12.5m $12.5m 0.00% Reduced -16.1k -16,060
37 ACADIAN ASSET MANAGEMENT LLC 0.05% of their portfolio Boston, MA 224,308224.3k $12.4m $12.4m 0.05% Reduced -53.0k -52,996
38 Smith, Graham & Co., Investment Advisors, LP 1.41% of their portfolio Houston, TX 221,097221.1k $12.2m $12.2m 1.41% Reduced -1.3k -1,331
39 Brandywine Global Investment Management, LLC 0.10% of their portfolio PHILADELPHIA, PA 214,181214.2k $11.8m $11.8m 0.10% Reduced -22.1k -22,143
40 SYSTEMATIC FINANCIAL MANAGEMENT LP 0.31% of their portfolio TEANECK, NJ 191,547191.5k $10.6m $10.6m 0.31% Reduced -2.5k -2,548
41 PINNACLE ASSOCIATES LTD 0.17% of their portfolio NEW YORK, NY 187,921187.9k $10.4m $10.4m 0.17% Reduced -16.6k -16,634
42 BURNEY CO/ 0.41% of their portfolio RESTON, VA 177,629177.6k $9.8m $9.8m 0.41% Reduced -628 -628
43 CHURCHILL MANAGEMENT Corp 0.15% of their portfolio Los Angeles, CA 172,988173.0k $9.6m $9.6m 0.15% Reduced -4.9k -4,884
44 Legal & General Group Plc 0.00% of their portfolio London, X0 172,014172.0k $9.5m $9.5m 0.00% Reduced -1.6k -1,570
45 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 170,860170.9k $9.4m $9.4m 0.00% Reduced -90.9k -90,903
46 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 152,281152.3k $8.4m $8.4m 0.00% Added +41.6k +41,555
47 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 151,167151.2k $8.4m $8.4m 0.00% Reduced -19.1k -19,110
48 Homestead Advisers Corp 0.19% of their portfolio Arlington, VA 134,288134.3k $7.4m $7.4m 0.19% Unchanged
49 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 130,529130.5k $7.2m $7.2m 0.00% Reduced -14.8k -14,750
50 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.15% of their portfolio HOUSTON, TX 127,725127.7k $7.1m $7.1m 0.15% Reduced -24.6k -24,600
51 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 127,248127.2k $7.0m $7.0m 0.01% Reduced -1.7k -1,709
52 Swiss National Bank 0.01% of their portfolio ZURICH, V8 124,843124.8k $6.9m $6.9m 0.01% Reduced -11.8k -11,800
53 Public Sector Pension Investment Board 0.05% of their portfolio MONTREAL, A8 123,944123.9k $6.8m $6.8m 0.05% Added +50.2k +50,233
54 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 118,820118.8k $6.6m $6.6m 0.01% Added +8.4k +8,396
55 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 118,236118.2k $6.5m $6.5m 0.00% Added +40.7k +40,718
56 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 112,166112.2k $6.2m $6.2m 0.01% Reduced -700 -700
57 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 108,557108.6k $6.0m $6.0m 0.01% Added +9.0k +8,976
58 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 105,916105.9k $5.9m $5.9m 0.01% Reduced -11.5k -11,458
59 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 100,681100.7k $5.6m $5.6m 0.01% Added +60.6k +60,602
60 First Eagle Investment Management, LLC 0.01% of their portfolio NEW YORK, NY 100,147100.1k $5.5m $5.5m 0.01% Added +36.4k +36,432
61 River Road Asset Management, LLC 0.08% of their portfolio LOUISVILLE, KY 98,13998.1k $5.4m $5.4m 0.08% Reduced -1.4k -1,407
62 NICHOLAS COMPANY, INC. 0.09% of their portfolio MILWAUKEE, WI 87,79587.8k $4.9m $4.9m 0.09% Added +60 +60
63 Nordwand Advisors, LLC 1.20% of their portfolio RADNOR, PA 82,25482.3k $4.5m $4.5m 1.20% Unchanged
64 Moran Wealth Management, LLC 0.16% of their portfolio NAPLES, FL 80,54280.5k $4.4m $4.4m 0.16% Added +65.1k +65,077
65 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 80,03480.0k $4.4m $4.4m 0.01% Added +40.6k +40,551
66 TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio AUSTIN, TX 79,69379.7k $4.4m $4.4m 0.03% Reduced -24.4k -24,447
67 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 79,05379.1k $4.4m $4.4m 0.00% Reduced -2.6k -2,555
68 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 77,21477.2k $4.3m $4.3m 0.00% Added +5.2k +5,153
69 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 76,25676.3k $4.2m $4.2m 0.01% Added +69.5k +69,467
70 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 74,66174.7k $4.1m $4.1m 0.01% Reduced -8.9k -8,939
71 LEUTHOLD GROUP, LLC 0.51% of their portfolio MINNEAPOLIS, MN 73,75973.8k $4.1m $4.1m 0.51% Reduced -50 -50
72 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 71,10571.1k $3.9m $3.9m 0.01% Added +12.9k +12,944
73 MARATHON CAPITAL MANAGEMENT 0.99% of their portfolio Hunt Valley, MD 70,95371.0k $3.9m $3.9m 0.99% Reduced -332 -332
74 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 70,82770.8k $3.9m $3.9m 0.01% Reduced -234.8k -234,772
75 Integrated Advisors Network LLC 0.22% of their portfolio DALLAS, TX 70,33370.3k $3.9m $3.9m 0.22% Reduced -2.9k -2,933
76 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 66,99367.0k $3.7m $3.7m 0.01% Reduced -1.7k -1,663
77 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 66,17966.2k $3.7m $3.7m 0.00% Added +27.2k +27,182
78 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 65,71965.7k $3.6m $3.6m 0.00% Reduced -9.9k -9,863
79 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 64,00064.0k $3.5m $3.5m 0.03% Reduced -13.0k -13,000
80 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 61,76161.8k $3.4m $3.4m 0.00% Reduced -4.4k -4,441
81 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 57,50657.5k $3.2m $3.2m 0.01% Added +492 +492
82 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 56,91856.9k $3.1m $3.1m 0.01% Reduced -1.1k -1,080
83 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 56,33156.3k $3.1m $3.1m 0.00% Added +635 +635
84 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 53,22353.2k $2.9m $2.9m 0.01% Reduced -1.3k -1,333
85 HEARTLAND ADVISORS INC 0.17% of their portfolio MILWAUKEE, WI 52,56052.6k $3.2m $3.2m 0.17% New
86 Waterloo Capital, L.P. 0.47% of their portfolio AUSTIN, TX 52,52452.5k $2.9m $2.9m 0.47% New
87 Robeco Institutional Asset Management B.V. 0.01% of their portfolio ROTTERDAM, P7 52,44852.4k $2.9m $2.9m 0.01% Added +665 +665
88 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 51,97552.0k $2.9m $2.9m 0.01% Added +3.0k +2,951
89 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 51,59751.6k $2.9m $2.9m 0.02% Added +948 +948
90 ALPS ADVISORS INC 0.02% of their portfolio Denver, CO 50,89050.9k $2.8m $2.8m 0.02% Added +7.2k +7,168
91 CAMBIAR INVESTORS LLC 0.11% of their portfolio Denver, CO 49,39949.4k $2.7m $2.7m 0.11% Added +56 +56
92 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 49,13749.1k $2.7m $2.7m 0.00% Added +40.9k +40,920
93 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 48,80348.8k $2.7m $2.7m 0.00% Added +1.8k +1,799
94 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 47,87547.9k $2.6m $2.6m 0.00% Added +1.1k +1,134
95 TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio STAMFORD, CT 46,01146.0k $2.5m $2.5m 0.04% Reduced -71.7k -71,743
96 Advisors Asset Management, Inc. 0.05% of their portfolio Monument, CO 45,76945.8k $2.5m $2.5m 0.05% Reduced -83.6k -83,574
97 RBF Capital, LLC 0.16% of their portfolio RENO, NV 45,70445.7k $2.5m $2.5m 0.16% Unchanged
98 PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio BOSTON, MA 44,45744.5k $2.5m $2.5m 0.01% New
99 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 43,03443.0k $2.4m $2.4m 0.01% Added +7.8k +7,768
100 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 42,83242.8k $2.4m $2.4m 0.00% Added +942 +942