Vault-13

M D C HLDGS INC

COM · Common Stock · CUSIP 552676108

323 institutional holders -45 vs Q4 2023
62,236,04262.2m shares reported held*
$3.9bnreported value*
64 new 74 added 141 reduced 109 sold out net bought ≈ $205.5m (+3.3m 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 ($316.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.90. Options: 9 managers hold calls ($31.3m notional), 8 hold puts ($37.9m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 283Q4 22: 306Q1 23: 301Q2 23: 323Q3 23: 347Q4 23: 368Q1 24: 323323Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022283
Q4 2022306
Q1 2023301
Q2 2023323
Q3 2023347
Q4 2023368
Q1 2024323

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 23Q1 24: 138 bought or addedQ1 24: 250 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022156127
Q1 2023150134
Q2 2023153155
Q3 2023171150
Q4 2023177174
Q1 2024138250

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ2 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 3.59Q1 24 calls: $31.3mQ1 24 puts: $37.9mQ1 24P/C 1.21
Numbers
QuarterCallsPutsP/C
Q2 2023$11.9m$43.4m3.65
Q3 2023$7.4m$19.7m2.66
Q4 2023$11.7m$42.0m3.59
Q1 2024$31.3m$37.9m1.21

Biggest buyers

MORGAN STANLEY Added +3,226,150+3.2m
FIL Ltd New +1,916,500+1.9m
Magnetar Financial LLC New +1,392,641+1.4m
First Trust Capital Management L.P. New +1,182,553+1.2m
Qube Research & Technologies Ltd Added +898,842+898.8k
GLAZER CAPITAL, LLC New +783,717+783.7k
BANK OF AMERICA CORP /DE/ Added +626,843+626.8k
NEXPOINT ASSET MANAGEMENT, L.P. New +595,370+595.4k
WATER ISLAND CAPITAL LLC New +561,965+562.0k
ALPINE ASSOCIATES MANAGEMENT INC. New +468,382+468.4k

Biggest sellers

DIMENSIONAL FUND ADVISORS LP Reduced -2,752,199-2.8m
Hamlin Capital Management, LLC Sold out -1,576,276-1.6m
RAYMOND JAMES & ASSOCIATES Reduced -761,044-761.0k
PRINCIPAL FINANCIAL GROUP INC Reduced -710,386-710.4k
FMR LLC Reduced -524,950-525.0k
FIRST TRUST ADVISORS LP Reduced -519,905-519.9k
Advisors Capital Management, LLC Sold out -440,255-440.3k
Bahl & Gaynor LLC Reduced -413,659-413.7k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -362,844-362.8k
VANGUARD GROUP INC Reduced -356,245-356.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $16.7m266.0k shares
Parallax Volatility Advisers, L.P. New $9.4m150.0k shares
PEAK6 Investments LLC Reduced $1.9m30.8k shares
CITADEL ADVISORS LLC Reduced $937.4k14.9k shares
JANE STREET GROUP, LLC Added $685.7k10.9k shares
GROUP ONE TRADING LLC Added $679.4k10.8k shares
Walleye Trading LLC Reduced $459.2k7.3k shares
SIMPLEX TRADING, LLC Reduced $421.0k6.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $21.9m347.9k shares
SIMPLEX TRADING, LLC Added $6.0m94.8k shares
CITADEL ADVISORS LLC Reduced $5.6m89.5k shares
GROUP ONE TRADING LLC Reduced $2.8m45.2k shares
PEAK6 Investments LLC Reduced $1.3m21.1k shares
Walleye Trading LLC Reduced $220.2k3.5k shares
FNY Investment Advisers, LLC New $9.0k144 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 10,169,90110.2m $639.8m $639.8m 0.01% Reduced -276.6k -276,623
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,687,6076.7m $420.7m $420.7m 0.01% Reduced -356.2k -356,245
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,345,5325.3m $336.3m $336.3m 0.01% Added +3.2m +3,226,150
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,095,1033.1m $194.7m $194.7m 0.01% Added +451.7k +451,652
5 Pacer Advisors, Inc. 0.42% of their portfolio Malvern, PA 2,929,5132.9m $184.3m $184.3m 0.42% Added +436.8k +436,780
6 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 2,901,6422.9m $182.5m $182.5m 0.05% Reduced -2.8m -2,752,199
7 Capital World Investors 0.02% of their portfolio LOS ANGELES, CA 2,001,0002.0m $125.9m $125.9m 0.02% Unchanged
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 1,963,3472.0m $123.5m $123.5m 0.03% Added +443.3k +443,323
9 FIL Ltd 0.12% of their portfolio HAMILTON, D0 1,916,5001.9m $120.6m $120.6m 0.12% New
10 Magnetar Financial LLC 1.96% of their portfolio EVANSTON, IL 1,392,6411.4m $87.6m $87.6m 1.96% New
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,311,6951.3m $82.5m $82.5m 0.01% Added +27.6k +27,559
12 First Trust Capital Management L.P. 6.32% of their portfolio CHICAGO, IL 1,182,5531.2m $74.4m $74.4m 6.32% New
13 Qube Research & Technologies Ltd 0.11% of their portfolio LONDON, X0 1,007,3991.0m $63.4m $63.4m 0.11% Added +898.8k +898,842
14 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 979,790979.8k $61.6m $61.6m 0.01% Reduced -29.9k -29,905
15 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 932,678932.7k $58.7m $58.7m 0.04% Reduced -143.3k -143,271
16 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 896,865896.9k $56.4m $56.4m 0.01% Added +626.8k +626,843
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 891,270891.3k $56.1m $56.1m 0.00% Added +371.3k +371,294
18 GLAZER CAPITAL, LLC 5.13% of their portfolio New York, NY 783,717783.7k $49.3m $49.3m 5.13% New
19 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 783,358783.4k $49.3m $49.3m 0.03% Reduced -710.4k -710,386
20 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 710,983711.0k $44.7m $44.7m 0.04% Added +109.8k +109,797
21 NORGES BANK 0.01% of their portfolio OSLO, Q8 704,392704.4k $44.3m $44.3m 0.01% Added +285.6k +285,586
22 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 645,860645.9k $40.6m $40.6m 0.01% Reduced -16.0k -16,011
23 NEXPOINT ASSET MANAGEMENT, L.P. 5.76% of their portfolio Dallas, TX 595,370595.4k $37.5m $37.5m 5.76% New
24 WATER ISLAND CAPITAL LLC 4.00% of their portfolio NEW YORK, NY 561,965562.0k $35.4m $35.4m 4.00% New
25 ALPINE ASSOCIATES MANAGEMENT INC. 1.15% of their portfolio PALM BEACH, FL 468,382468.4k $29.5m $29.5m 1.15% New
26 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 408,284408.3k $25.7m $25.7m 0.01% Reduced -15.6k -15,625
27 AQR Arbitrage LLC 0.84% of their portfolio Greenwich, CT 382,937382.9k $24.1m $24.1m 0.84% New
28 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 372,316372.3k $23.4m $23.4m 0.01% Added +339.4k +339,373
29 PICTON MAHONEY ASSET MANAGEMENT 0.94% of their portfolio Toronto, A6 353,708353.7k $22.3m $22.3m 0.94% New
30 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 350,466350.5k $22.0m $22.0m 0.01% Reduced -50.2k -50,230
31 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 322,128322.1k $20.3m $20.3m 0.02% Reduced -362.8k -362,844
32 STRS OHIO 0.08% of their portfolio COLUMBUS, OH 314,900314.9k $19.8m $19.8m 0.08% Reduced -65.6k -65,600
33 GABELLI FUNDS LLC 0.13% of their portfolio Rye, NY 272,070272.1k $17.1m $17.1m 0.13% Added +208.1k +208,070
34 Carlson Capital, L.P. 1.26% of their portfolio DALLAS, TX 246,526246.5k $15.5m $15.5m 1.26% New
35 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 246,320246.3k $15.5m $15.5m 0.02% New
36 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 205,000205.0k $12.9m $12.9m 0.01% Added +189.7k +189,711
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 199,661199.7k $12.6m $12.6m 0.00% Reduced -191.1k -191,133
38 NATIXIS 0.07% of their portfolio PARIS, I0 197,369197.4k $12.4m $12.4m 0.07% Added +189.4k +189,400
39 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 195,597195.6k $12.3m $12.3m 0.01% Reduced -49.7k -49,717
40 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 188,620188.6k $11.9m $11.9m 0.01% Reduced -519.9k -519,905
41 Legal & General Group Plc 0.00% of their portfolio London, X0 174,561174.6k $11.0m $11.0m 0.00% Added +2.5k +2,547
42 CHURCHILL MANAGEMENT Corp 0.13% of their portfolio Los Angeles, CA 169,620169.6k $10.7m $10.7m 0.13% Reduced -3.4k -3,368
43 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 164,211164.2k $10.3m $10.3m 0.03% New
44 NorthCoast Asset Management LLC 0.13% of their portfolio STAMFORD, CT 160,213160.2k $10.1m $10.1m 0.13% Reduced -81.7k -81,680
45 ANGELO GORDON & CO., L.P. 3.65% of their portfolio NEW YORK, NY 160,000160.0k $10.1m $10.1m 3.65% New
46 Skandinaviska Enskilda Banken AB (publ) 0.05% of their portfolio STOCKHOLM, V7 154,300154.3k $9.7m $9.7m 0.05% Reduced -264.6k -264,600
47 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 148,845148.8k $9.4m $9.4m 0.00% Reduced -2.3k -2,322
48 New York Life Investment Management LLC 0.09% of their portfolio New York, NY 144,105144.1k $9.1m $9.1m 0.09% Added +135.2k +135,219
49 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 137,811137.8k $8.7m $8.7m 0.01% Reduced -761.0k -761,044
50 Quinn Opportunity Partners LLC 0.94% of their portfolio CHARLOTTESVILLE, VA 132,042132.0k $8.3m $8.3m 0.94% New
51 Swiss National Bank 0.01% of their portfolio ZURICH, V8 125,243125.2k $7.9m $7.9m 0.01% Added +400 +400
52 Westchester Capital Management, LLC 0.33% of their portfolio VALHALLA, NY 123,900123.9k $7.8m $7.8m 0.33% New
53 Public Sector Pension Investment Board 0.06% of their portfolio MONTREAL, A8 122,434122.4k $7.7m $7.7m 0.06% Reduced -1.5k -1,510
54 Alberta Investment Management Corp 0.08% of their portfolio EDMONTON, A0 120,200120.2k $7.6m $7.6m 0.08% New
55 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 112,066112.1k $7.0m $7.0m 0.01% Reduced -100 -100
56 GABELLI & Co INVESTMENT ADVISERS, INC. 1.21% of their portfolio Rye, NY 110,650110.7k $7.0m $7.0m 1.21% New
57 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 103,027103.0k $6.5m $6.5m 0.00% Reduced -122.8k -122,768
58 Hudson Bay Capital Management LP 0.06% of their portfolio STAMFORD, CT 100,000100.0k $6.3m $6.3m 0.06% New
59 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 98,53698.5k $6.2m $6.2m 0.00% Reduced -72.3k -72,324
60 NICHOLAS COMPANY, INC. 0.09% of their portfolio MILWAUKEE, WI 87,79587.8k $5.5m $5.5m 0.09% Unchanged
61 Sagefield Capital LP 0.67% of their portfolio DALLAS, TX 86,80086.8k $5.5m $5.5m 0.67% New
62 UBS Group AG 0.00% of their portfolio ZURICH, V8 86,58786.6k $5.4m $5.4m 0.00% Added +47.8k +47,825
63 Slotnik Capital, LLC 3.50% of their portfolio DALLAS, TX 86,00086.0k $5.4m $5.4m 3.50% New
64 First Eagle Investment Management, LLC 0.01% of their portfolio NEW YORK, NY 84,74784.7k $5.3m $5.3m 0.01% Reduced -15.4k -15,400
65 Moran Wealth Management, LLC 0.16% of their portfolio NAPLES, FL 79,84279.8k $5.0m $5.0m 0.16% Reduced -700 -700
66 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 79,78179.8k $5.0m $5.0m 0.01% Added +8.7k +8,676
67 BURNEY CO/ 0.18% of their portfolio RESTON, VA 77,04277.0k $4.8m $4.8m 0.18% Reduced -100.6k -100,587
68 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 74,70774.7k $4.7m $4.7m 0.01% Added +8.5k +8,528
69 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 71,84371.8k $4.5m $4.5m 0.00% Added +10.1k +10,082
70 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 67,64167.6k $4.3m $4.3m 0.01% Reduced -59.6k -59,607
71 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 64,99265.0k $4.1m $4.1m 0.02% Added +42.7k +42,699
72 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 64,64664.6k $4.1m $4.1m 0.00% Reduced -14.4k -14,407
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 63,76563.8k $4.0m $4.0m 0.01% Reduced -3.2k -3,228
74 ALPS ADVISORS INC 0.03% of their portfolio Denver, CO 59,96260.0k $3.8m $3.8m 0.03% Added +9.1k +9,072
75 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 58,96459.0k $3.7m $3.7m 0.00% Added +50.3k +50,318
76 TIG Advisors, LLC 0.43% of their portfolio New York, NY 58,80758.8k $3.7m $3.7m 0.43% New
77 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 58,60058.6k $3.7m $3.7m 0.01% New
78 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio HOUSTON, TX 52,72552.7k $3.3m $3.3m 0.07% Reduced -75.0k -75,000
79 TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio AUSTIN, TX 52,27452.3k $3.3m $3.3m 0.03% Added +677 +677
80 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 51,81651.8k $3.3m $3.3m 0.01% Reduced -1.4k -1,407
81 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 51,01351.0k $3.2m $3.2m 0.00% Added +2.2k +2,210
82 Homestead Advisers Corp 0.07% of their portfolio Arlington, VA 50,48850.5k $3.2m $3.2m 0.07% Reduced -83.8k -83,800
83 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 50,15850.2k $3.2m $3.2m 0.00% Added +17.8k +17,762
84 HARVEST MANAGEMENT LLC 2.69% of their portfolio New York, NY 50,00050.0k $3.1m $3.1m 2.69% New
85 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 49,80949.8k $3.1m $3.1m 0.00% Reduced -6.5k -6,522
86 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 47,89547.9k $3.0m $3.0m 0.00% Reduced -104.4k -104,386
87 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 46,75546.8k $2.3m $2.3m 0.01% Added +12.3k +12,266
88 RBF Capital, LLC 0.16% of their portfolio RENO, NV 45,70445.7k $2.9m $2.9m 0.16% Unchanged
89 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 44,56044.6k $2.8m $2.8m 0.01% New
90 Walleye Capital LLC 0.03% of their portfolio NEW YORK, NY 43,97944.0k $2.8m $2.8m 0.03% New
91 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 43,23543.2k $2.7m $2.7m 0.00% Added +17.7k +17,653
92 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 43,12743.1k $2.7m $2.7m 0.03% Added +38.2k +38,203
93 MEEDER ASSET MANAGEMENT INC 0.17% of their portfolio DUBLIN, OH 41,62941.6k $2.6m $2.6m 0.17% Added +41.5k +41,506
94 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 40,40040.4k $2.5m $2.5m 0.03% New
95 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 39,92139.9k $2.5m $2.5m 0.01% Reduced -3.1k -3,113
96 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 39,90339.9k $2.5m $2.5m 0.00% Reduced -40.1k -40,131
97 Waterloo Capital, L.P. 0.32% of their portfolio AUSTIN, TX 39,72539.7k $2.5m $2.5m 0.32% Reduced -12.8k -12,799
98 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 38,61938.6k $2.4m $2.4m 0.02% New
99 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 37,89837.9k $2.4m $2.4m 0.02% Added +25.0k +25,010
100 Advisors Asset Management, Inc. 0.05% of their portfolio Monument, CO 37,87037.9k $2.4m $2.4m 0.05% Reduced -7.9k -7,899