PULTE GROUP INC PHM
COM · Common Stock · CUSIP 745867101 · ISIN US7458671010
Homebuilding company founded in 1950
* 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 ($88.9m this quarter). Holder counts are more reliable. Shares outstanding: 207.5m as of 2024-07-16, 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 ≈ $110.08. Options: 27 managers hold calls ($208.4m notional), 31 hold puts ($318.2m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 634 |
| Q4 2022 | 658 |
| Q1 2023 | 699 |
| Q2 2023 | 768 |
| Q3 2023 | 762 |
| Q4 2023 | 869 |
| Q1 2024 | 911 |
| Q2 2024 | 942 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 276 | 326 |
| Q1 2023 | 329 | 325 |
| Q2 2023 | 347 | 352 |
| Q3 2023 | 363 | 367 |
| Q4 2023 | 390 | 405 |
| Q1 2024 | 424 | 440 |
| Q2 2024 | 462 | 426 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $434.8m | $489.1m | 1.13 |
| Q4 2023 | $352.3m | $623.5m | 1.77 |
| Q1 2024 | $327.8m | $419.5m | 1.28 |
| Q2 2024 | $208.4m | $318.2m | 1.53 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +567.6k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +553.2k |
| CITADEL ADVISORS LLC | Added | +462.8k |
| JANE STREET GROUP, LLC | Added | +344.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +318.4k |
| HSBC HOLDINGS PLC | Added | +250.9k |
| Bridgewater Associates, LP | Added | +243.1k |
| BANK OF MONTREAL /CAN/ | Added | +238.0k |
| Pacer Advisors, Inc. | Added | +235.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +226.7k |
Biggest sellers
| MORGAN STANLEY | Reduced | -6.0m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -1.1m |
| FRANKLIN RESOURCES INC | Reduced | -907.5k |
| Holocene Advisors, LP | Reduced | -662.2k |
| Invesco Ltd. | Reduced | -601.7k |
| Qube Research & Technologies Ltd | Reduced | -482.2k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -418.9k |
| Balyasny Asset Management L.P. | Reduced | -375.4k |
| Railway Pension Investments Ltd | Reduced | -239.8k |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | -239.6k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $54.5m495.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $47.5m431.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $18.5m167.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $12.9m116.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.8m97.8k shares |
| Walleye Capital LLC | Reduced | $9.9m89.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $8.2m74.4k shares |
| Balyasny Asset Management L.P. | Unchanged | $6.9m62.5k shares |
| CITIGROUP INC | Added | $5.5m50.0k shares |
| UBS Group AG | Reduced | $5.5m49.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $83.4m757.1k shares |
| CITADEL ADVISORS LLC | Added | $43.7m396.8k shares |
| UBS Group AG | Reduced | $38.5m349.7k shares |
| JPMORGAN CHASE & CO | Reduced | $16.7m151.8k shares |
| Walleye Capital LLC | Reduced | $16.3m148.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $15.1m136.8k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $14.6m132.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $13.6m123.6k shares |
| CITIGROUP INC | Reduced | $10.7m97.0k shares |
| Balyasny Asset Management L.P. | Reduced | $10.5m95.0k 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 |
|---|---|
| FRANKLIN RESOURCES INC 13G · institution +1.3 pts · filed 2026-04-29 | 7.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
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 Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 3 | $2.8m | — |
| Q2 2023 | 0 | — | 3 | $15.1m | — |
| Q3 2023 | 0 | — | 1 | $322.9k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $206.2k | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 24.1m $2.7bn | Reduced -171.6k |
| BlackRock Inc. 0.05% of their portfolio | 21.9m $2.4bn | Reduced -59.6k |
| FRANKLIN RESOURCES INC 0.36% of their portfolio | 10.7m $1.2bn | Reduced -907.5k |
| STATE STREET CORP 0.05% of their portfolio | 10.5m $1.2bn | Reduced -121.7k |
| GREENHAVEN ASSOCIATES INC 8.07% of their portfolio | 5.6m $614.0m | Reduced -94.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 5.1m $556.0m | Reduced -45.9k |
| DIMENSIONAL FUND ADVISORS LP 0.14% of their portfolio | 4.8m $527.2m | Reduced -231.2k |
| FMR LLC 0.03% of their portfolio | 4.5m $492.0m | Added +198.4k |
| NORGES BANK 0.06% of their portfolio | 3.7m $408.0m | Reduced -52.3k |
| LSV ASSET MANAGEMENT 0.88% of their portfolio | 3.6m $400.2m | Reduced -79.2k |
| Invesco Ltd. 0.08% of their portfolio | 3.4m $372.9m | Reduced -601.7k |
| MORGAN STANLEY 0.03% of their portfolio | 3.1m $335.8m | Reduced -6.0m |
| Pacer Advisors, Inc. 0.75% of their portfolio | 3.0m $326.9m | Added +235.8k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 2.2m $245.8m | Reduced -84.5k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 2.2m $238.6m | Reduced -75.6k |
| AQR CAPITAL MANAGEMENT LLC 0.35% of their portfolio | 2.1m $226.6m | Reduced -1.1m |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 1.9m $206.4m | Added +166.0k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.8m $194.4m | Added +10.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 1.7m $190.3m | Added +567.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio | 1.6m $180.9m | Reduced -28.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.6m $178.8m | Reduced -218.4k |
| Allianz Asset Management GmbH 0.28% of their portfolio | 1.6m $175.7m | Reduced -5.8k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.6m $175.0m | Reduced -134.8k |
| Legal & General Group Plc 0.05% of their portfolio | 1.6m $173.2m | Added +42.3k |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 1.5m $168.3m | Added +250.9k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 1.5m $168.0m | Added +138.2k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 1.5m $164.9m | Added +73.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.3m $147.8m | Added +18.5k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 1.3m $146.0m | Reduced -418.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.51% of their portfolio | 1.3m $142.2m | Reduced -142.3k |
| Caisse de depot et placement du Quebec 0.33% of their portfolio | 1.2m $137.4m | Reduced -93.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.16% of their portfolio | 1.2m $134.7m | Added +553.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio | 964.4k $106.2m | Added +53.9k |
| Amundi 0.04% of their portfolio | 962.7k $101.1m | Added +23.0k |
| CAPTRUST FINANCIAL ADVISORS 0.33% of their portfolio | 937.4k $103.2m | Reduced -148.6k |
| Robeco Institutional Asset Management B.V. 0.21% of their portfolio | 890.3k $98.0m | Added +59.7k |
| Balyasny Asset Management L.P. 0.25% of their portfolio | 864.1k $95.1m | Reduced -375.4k |
| UBS Group AG 0.03% of their portfolio | 818.5k $90.1m | Added +19.3k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 809.3k $89.1m | Added +77.5k |
| Man Group plc 0.23% of their portfolio | 806.7k $88.8m | Added +124.0k |
| Clark Capital Management Group, Inc. 0.58% of their portfolio | 711.5k $78.3m | Added +9.6k |
| Russell Investments Group, Ltd. 0.12% of their portfolio | 698.5k $76.9m | Added +18.5k |
| BARCLAYS PLC 0.03% of their portfolio | 653.1k $71.9m | Reduced -19.5k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 651.0k $71.7m | Added +318.4k |
| CITIGROUP INC 0.07% of their portfolio | 643.8k $70.9m | Added +9.4k |
| Allspring Global Investments Holdings, LLC 0.11% of their portfolio | 637.6k $70.2m | Reduced -96.2k |
| Swiss National Bank 0.05% of their portfolio | 628.0k $69.1m | Reduced -17.6k |
| ASSETMARK, INC 0.21% of their portfolio | 626.1k $68.9m | Added +12.7k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 612.4k $67.4m | Added +80.0k |
| Swedbank AB 0.08% of their portfolio | 568.0k $62.5m | Reduced -4.0k |
| Pictet Asset Management Holding SA 0.07% of their portfolio | 556.4k $61.3m | Reduced -116.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 535.3k $58.9m | Reduced -85.8k |
| National Pension Service 0.07% of their portfolio | 525.2k $57.8m | Reduced -7.4k |
| MACKENZIE FINANCIAL CORP 0.08% of their portfolio | 510.8k $56.2m | Reduced -20.9k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 504.0k $55.5m | Added +462.8k |
| Squarepoint Ops LLC 0.21% of their portfolio | 499.1k $55.0m | Added +73.9k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 491.5k $54.1m | Added +238.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio | 434.8k $47.9m | Added +226.7k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 420.2k $46.3m | Reduced -41.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 416.7k $45.9m | Reduced -19.0k |
| Tredje AP-fonden 0.44% of their portfolio | 413.4k $45.5m | Reduced -121.7k |
| LAZARD ASSET MANAGEMENT LLC 0.06% of their portfolio | 413.0k $45.5m | Reduced -51.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 409.9k $45.1m | Reduced -161.9k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 405.6k $44.7m | Added +344.2k |
| California Public Employees Retirement System 0.03% of their portfolio | 405.1k $44.6m | Reduced -21.9k |
| QRG CAPITAL MANAGEMENT, INC. 0.53% of their portfolio | 402.4k $44.3m | Reduced -2.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 389.8k $42.9m | Reduced -5.0k |
| CANADA LIFE ASSURANCE Co 0.08% of their portfolio | 388.4k $42.7m | Reduced -8.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.14% of their portfolio | 373.5k $41.1m | Reduced -26.0k |
| Generate Investment Management Ltd 2.98% of their portfolio | 372.1k $41.0m | Added +136.5k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.73% of their portfolio | 372.0k $41.0m | Reduced -46.0k |
| AustralianSuper Pty Ltd 0.24% of their portfolio | 370.9k $40.8m | Reduced -15.0k |
| Fiera Capital Corp 0.13% of their portfolio | 369.8k $40.7m | Reduced -5.1k |
| Homestead Advisers Corp 1.00% of their portfolio | 368.8k $40.6m | Reduced -6.7k |
| Holocene Advisors, LP 0.17% of their portfolio | 359.5k $39.6m | Reduced -662.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 345.6k $38.1m | Reduced -80.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 341.5k $37.6m | Added +4.0k |
| DANSKE BANK A/S 0.14% of their portfolio | 337.0k $37.1m | Reduced -22.6k |
| LPL Financial LLC 0.02% of their portfolio | 331.2k $36.5m | Added +33.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 327.9k $36.1m | Reduced -3.6k |
| TRUIST FINANCIAL CORP 0.05% of their portfolio | 326.1k $35.9m | Added +22.3k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.37% of their portfolio | 326.1k $35.9m | Reduced -43.1k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 325.9k $35.9m | Added +22.9k |
| AXA S.A. 0.05% of their portfolio | 325.8k $35.9m | Added +223.7k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 323.0k $35.6m | Added +11.5k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 311.1k $34.3m | Added +4.6k |
| MERCER GLOBAL ADVISORS INC /ADV 0.09% of their portfolio | 307.1k $34.0m | Added +10.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 305.5k $33.6m | Added +106.1k |
| Janney Montgomery Scott LLC 0.10% of their portfolio | 300.5k $33.1m | Reduced -87.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 286.5k $31.5m | Reduced -3.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 278.2k $30.6m | Added +28.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.06% of their portfolio | 275.8k $30.4m | Reduced -21.8k |
| Empowered Funds, LLC 0.52% of their portfolio | 273.7k $30.1m | Reduced -112.1k |
| INTECH INVESTMENT MANAGEMENT LLC 0.37% of their portfolio | 273.3k $30.1m | Added +133.3k |
| WINSLOW ASSET MANAGEMENT INC 5.88% of their portfolio | 271.0k $29.8m | Reduced -18.8k |
| Brandywine Global Investment Management, LLC 0.22% of their portfolio | 270.1k $29.7m | Added +9.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 267.4k $29.4m | Reduced -14.2k |
| Bridgewater Associates, LP 0.15% of their portfolio | 263.6k $29.0m | Added +243.1k |
| Moran Wealth Management, LLC 0.95% of their portfolio | 261.3k $28.8m | Added +115.0k |
| Korea Investment CORP 0.07% of their portfolio | 261.3k $28.8m | Added +18.7k |