Vault-13

SUMMIT MATLS INC SUM

CL A · Common Stock · CUSIP 86614U100

307 institutional holders -2 vs Q1 2024
122,606,029122.6m shares reported held*
$4.5bnreported value*
43 new 117 added 94 reduced 49 sold out net sold ≈ $47.7m (-1.5m 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. Holder counts are more reliable. Implied quarter-end price ≈ $36.59. Options: 6 managers hold calls ($2.7m notional), 5 hold puts ($1.0m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 243Q4 22: 243Q1 23: 246Q2 23: 269Q3 23: 295Q4 23: 298Q1 24: 309Q2 24: 307307Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022243
Q4 2022243
Q1 2023246
Q2 2023269
Q3 2023295
Q4 2023298
Q1 2024309
Q2 2024307

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 153 bought or addedQ4 22: 107 cut or sold outQ4 22Q1 23: 102 bought or addedQ1 23: 131 cut or sold outQ2 23: 137 bought or addedQ2 23: 114 cut or sold outQ2 23Q3 23: 161 bought or addedQ3 23: 114 cut or sold outQ4 23: 140 bought or addedQ4 23: 146 cut or sold outQ4 23Q1 24: 152 bought or addedQ1 24: 143 cut or sold outQ2 24: 160 bought or addedQ2 24: 143 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022153107
Q1 2023102131
Q2 2023137114
Q3 2023161114
Q4 2023140146
Q1 2024152143
Q2 2024160143

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 23 calls: $6.0mQ3 23 puts: $344.9kQ3 23P/C 0.06Q4 23 calls: $6.9mQ4 23 puts: $1.5mQ4 23P/C 0.22Q1 24 calls: $5.9mQ1 24 puts: $14.4mQ1 24P/C 2.45Q2 24 calls: $2.7mQ2 24 puts: $1.0mQ2 24P/C 0.39
Numbers
QuarterCallsPutsP/C
Q3 2023$6.0m$344.9k0.06
Q4 2023$6.9m$1.5m0.22
Q1 2024$5.9m$14.4m2.45
Q2 2024$2.7m$1.0m0.39

Biggest buyers

River Road Asset Management, LLC Added +1,250,995+1.3m
FRONTIER CAPITAL MANAGEMENT CO LLC Added +727,817+727.8k
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +448,922+448.9k
SEGALL BRYANT & HAMILL, LLC Added +407,682+407.7k
MILLENNIUM MANAGEMENT LLC Added +399,072+399.1k
CITADEL ADVISORS LLC Added +301,583+301.6k
Troluce Capital Advisors LLC New +300,000+300.0k
Schonfeld Strategic Advisors LLC Added +283,599+283.6k
BlackRock Inc. Added +257,131+257.1k
VICTORY CAPITAL MANAGEMENT INC Added +241,757+241.8k

Biggest sellers

MORGAN STANLEY Reduced -1,465,008-1.5m
Hood River Capital Management LLC Sold out -745,020-745.0k
Mirae Asset Global Investments Co., Ltd. Sold out -579,354-579.4k
DIMENSIONAL FUND ADVISORS LP Reduced -540,509-540.5k
ALLIANCEBERNSTEIN L.P. Reduced -426,756-426.8k
Interval Partners, LP Sold out -405,000-405.0k
FMR LLC Reduced -400,419-400.4k
FEDERATED HERMES, INC. Reduced -391,828-391.8k
Invesco Ltd. Reduced -337,617-337.6k
EAGLE ASSET MANAGEMENT INC Reduced -315,066-315.1k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.1m30.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $944.5k25.8k shares
Walleye Capital LLC Added $358.8k9.8k shares
SIMPLEX TRADING, LLC Reduced $157.0k4.3k shares
GROUP ONE TRADING LLC Added $91.5k2.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $373.4k10.2k shares
CITADEL ADVISORS LLC Reduced $358.8k9.8k shares
Walleye Capital LLC Added $194.0k5.3k shares
SIMPLEX TRADING, LLC Reduced $113.0k3.1k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 12,228,53112.2m $447.7m $447.7m 0.01% Reduced -12.0k -12,015
2 BlackRock Inc. 0.01% of their portfolio New York, NY 10,273,97510.3m $376.1m $376.1m 0.01% Added +257.1k +257,131
3 PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio BALTIMORE, MD 8,833,1758.8m $323.4m $323.4m 0.04% Reduced -3.9k -3,935
4 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.08% of their portfolio Boston, MA 7,210,7367.2m $264.0m $264.0m 0.08% Added +448.9k +448,922
5 PRINCIPAL FINANCIAL GROUP INC 0.11% of their portfolio DES MOINES, IA 5,194,7165.2m $190.2m $190.2m 0.11% Reduced -129.4k -129,361
6 MACQUARIE GROUP LTD 0.21% of their portfolio Sydney, NSW 2000, C3 5,041,0095.0m $184.6m $184.6m 0.21% Reduced -143.1k -143,076
7 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 4,327,4414.3m $158.4m $158.4m 0.04% Reduced -540.5k -540,509
8 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 4,100,7344.1m $150.1m $150.1m 0.03% Reduced -337.6k -337,617
9 VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio San Antonio, TX 3,678,4853.7m $134.7m $134.7m 0.14% Added +241.8k +241,757
10 Clearbridge Investments, LLC 0.09% of their portfolio NEW YORK, NY 3,173,8323.2m $116.2m $116.2m 0.09% Reduced -3.8k -3,845
11 River Road Asset Management, LLC 1.62% of their portfolio LOUISVILLE, KY 3,079,2503.1m $112.7m $112.7m 1.62% Added +1.3m +1,250,995
12 FRONTIER CAPITAL MANAGEMENT CO LLC 1.06% of their portfolio Boston, MA 2,935,7372.9m $107.5m $107.5m 1.06% Added +727.8k +727,817
13 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,779,6462.8m $101.8m $101.8m 0.01% Added +147.0k +147,045
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,775,5072.8m $101.6m $101.6m 0.00% Added +71.4k +71,373
15 JANUS HENDERSON GROUP PLC 0.05% of their portfolio LONDON, X0 2,769,3062.8m $101.4m $101.4m 0.05% Reduced -73.4k -73,419
16 MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 2,753,8162.8m $100.8m $100.8m 0.08% Added +399.1k +399,072
17 Nuveen Asset Management, LLC 0.02% of their portfolio CHICAGO, IL 1,914,4831.9m $70.1m $70.1m 0.02% Reduced -121.3k -121,347
18 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 1,745,9601.7m $63.9m $63.9m 0.04% Added +62.1k +62,091
19 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 1,655,9601.7m $60.6m $60.6m 0.02% Reduced -426.8k -426,756
20 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,648,3451.6m $60.3m $60.3m 0.02% Reduced -88.0k -88,023
21 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 1,620,3171.6m $59.3m $59.3m 0.06% Added +301.6k +301,583
22 SEGALL BRYANT & HAMILL, LLC 0.94% of their portfolio CHICAGO, IL 1,453,1351.5m $53.2m $53.2m 0.94% Added +407.7k +407,682
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,439,0361.4m $52.7m $52.7m 0.01% Added +20.2k +20,196
24 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,409,7241.4m $51.6m $51.6m 0.01% Reduced -22.7k -22,673
25 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,409,5661.4m $51.6m $51.6m 0.01% Added +29.3k +29,292
26 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio Toronto, A6 1,187,0571.2m $43.5m $43.5m 0.04% Added +17.7k +17,719
27 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,140,5671.1m $41.8m $41.8m 0.00% Added +21.7k +21,716
28 EAGLE ASSET MANAGEMENT INC 0.20% of their portfolio ST PETERSBURG, FL 1,053,7911.1m $37.5m $37.5m 0.20% Reduced -315.1k -315,066
29 Aristotle Capital Boston, LLC 1.28% of their portfolio BOSTON, MA 1,037,3701.0m $38.0m $38.0m 1.28% Reduced -23.0k -22,968
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,004,5321.0m $36.8m $36.8m 0.00% Reduced -41.8k -41,792
31 PARADIGM CAPITAL MANAGEMENT INC/NY 1.42% of their portfolio ALBANY, NY 848,890848.9k $31.1m $31.1m 1.42% Unchanged
32 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.07% of their portfolio CAUSEWAY BAY, K3 820,608820.6k $30.0m $30.0m 0.07% First filing
33 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 810,497810.5k $29.7m $29.7m 0.01% Added +24.1k +24,146
34 Qube Research & Technologies Ltd 0.05% of their portfolio LONDON, X0 771,926771.9k $28.3m $28.3m 0.05% Reduced -111.3k -111,322
35 Harvey Partners, LLC 3.34% of their portfolio Tarrytown, NY 737,500737.5k $27.0m $27.0m 3.34% Reduced -14.0k -14,000
36 WESTWOOD HOLDINGS GROUP INC 0.12% of their portfolio DALLAS, TX 722,124722.1k $26.4m $26.4m 0.12% Added +205.2k +205,224
37 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 704,770704.8k $25.8m $25.8m 0.05% Reduced -77.2k -77,216
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 665,101665.1k $24.3m $24.3m 0.00% Reduced -138.6k -138,555
39 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 614,150614.1k $22.5m $22.5m 0.03% Added +158.0k +157,986
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 582,114582.1k $21.3m $21.3m 0.00% Reduced -1.5m -1,465,008
41 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 551,651551.7k $20.2m $20.2m 0.02% Reduced -193.9k -193,888
42 Capital International Investors 0.00% of their portfolio Los Angeles, CA 492,061492.1k $18.0m $18.0m 0.00% Unchanged
43 KORNITZER CAPITAL MANAGEMENT INC /KS 0.33% of their portfolio SHAWNEE MISSION, KS 473,211473.2k $17.3m $17.3m 0.33% Unchanged
44 CONGRESS ASSET MANAGEMENT CO 0.12% of their portfolio BOSTON, MA 465,827465.8k $17.1m $17.1m 0.12% Added +38.2k +38,155
45 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 433,899433.9k $15.9m $15.9m 0.00% Reduced -5.7k -5,694
46 Schonfeld Strategic Advisors LLC 0.12% of their portfolio NEW YORK, NY 414,972415.0k $15.2m $15.2m 0.12% Added +283.6k +283,599
47 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 413,169413.2k $15.1m $15.1m 0.03% Added +161.0k +161,002
48 ROYCE & ASSOCIATES LP 0.12% of their portfolio New York, NY 349,999350.0k $12.8m $12.8m 0.12% Added +2.5k +2,483
49 Troluce Capital Advisors LLC 2.29% of their portfolio DORADO, PR 300,000300.0k $11.0m $11.0m 2.29% New
50 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 277,270277.3k $10.2m $10.2m 0.00% Added +136.0k +135,952
51 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 269,232269.2k $9.9m $9.9m 0.01% Added +108.6k +108,620
52 KENNEDY CAPITAL MANAGEMENT LLC 0.21% of their portfolio ST LOUIS, MO 268,179268.2k $9.8m $9.8m 0.21% Reduced -8.2k -8,250
53 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 252,228252.2k $9.2m $9.2m 0.02% Added +219.7k +219,656
54 Sagefield Capital LP 0.97% of their portfolio DALLAS, TX 252,094252.1k $9.2m $9.2m 0.97% Added +51.5k +51,489
55 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 250,033250.0k $9.2m $9.2m 0.01% Reduced -108.6k -108,637
56 GUGGENHEIM CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 247,205247.2k $9.1m $9.1m 0.06% Added +314 +314
57 Swiss National Bank 0.01% of their portfolio ZURICH, V8 241,615241.6k $8.8m $8.8m 0.01% Added +5.7k +5,700
58 Homestead Advisers Corp 0.20% of their portfolio Arlington, VA 225,209225.2k $8.2m $8.2m 0.20% Unchanged
59 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 213,302213.3k $7.8m $7.8m 0.01% Added +18.6k +18,625
60 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 206,437206.4k $7.6m $7.6m 0.01% Added +2.9k +2,903
61 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 201,151201.2k $7.4m $7.4m 0.01% Added +150.0k +150,023
62 CW Advisors, LLC 0.11% of their portfolio BOSTON, MA 194,823194.8k $7.1m $7.1m 0.11% Added +4.4k +4,386
63 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 192,878192.9k $7.1m $7.1m 0.01% Reduced -117.3k -117,300
64 Madison Asset Management, LLC 0.09% of their portfolio MADISON, WI 190,669190.7k $7.0m $7.0m 0.09% Added +16.1k +16,097
65 Orchard Capital Management, LLC 2.03% of their portfolio CHICAGO, IL 183,214183.2k $6.7m $6.7m 2.03% Reduced -2.5k -2,544
66 PEREGRINE CAPITAL MANAGEMENT LLC 0.19% of their portfolio MINNEAPOLIS, MN 181,602181.6k $6.6m $6.6m 0.19% Reduced -626 -626
67 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.04% of their portfolio NEW YORK, NY 178,435178.4k $6.5m $6.5m 0.04% Added +31.1k +31,060
68 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 162,251162.3k $5.9m $5.9m 0.01% Reduced -391.8k -391,828
69 Knights of Columbus Asset Advisors LLC 0.37% of their portfolio NEW HAVEN, CT 155,466155.5k $5.7m $5.7m 0.37% Added +46.9k +46,924
70 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 151,897151.9k $5.6m $5.6m 0.00% Added +17.3k +17,306
71 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 151,739151.7k $5.6m $5.6m 0.01% New
72 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 140,005140.0k $5.1m $5.1m 0.01% Added +23.6k +23,621
73 COMERICA BANK 0.02% of their portfolio DALLAS, TX 124,994125.0k $4.6m $4.6m 0.02% Added +33.9k +33,941
74 Moody Aldrich Partners LLC 0.89% of their portfolio MARBLEHEAD, MA 124,063124.1k $4.5m $4.5m 0.89% Reduced -77.5k -77,536
75 CASTLEARK MANAGEMENT LLC 0.18% of their portfolio CHICAGO, IL 122,498122.5k $4.5m $4.5m 0.18% Reduced -1.1k -1,050
76 ALGERT GLOBAL LLC 0.15% of their portfolio SAN FRANCISCO, CA 121,634121.6k $4.5m $4.5m 0.15% Added +23.7k +23,699
77 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 120,780120.8k $4.4m $4.4m 0.01% Reduced -3.4k -3,370
78 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 119,680119.7k $4.4m $4.4m 0.01% Added +187 +187
79 LEUTHOLD GROUP, LLC 0.50% of their portfolio MINNEAPOLIS, MN 117,382117.4k $4.3m $4.3m 0.50% Reduced -1.1k -1,083
80 Granite Investment Partners, LLC 0.17% of their portfolio EL SEGUNDO, CA 115,018115.0k $4.2m $4.2m 0.17% New
81 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 114,479114.5k $4.2m $4.2m 0.01% Added +81.1k +81,076
82 JOHN G ULLMAN & ASSOCIATES INC 0.62% of their portfolio CORNING, NY 110,174110.2k $4.0m $4.0m 0.62% Reduced -1.7k -1,749
83 Legal & General Group Plc 0.00% of their portfolio London, X0 108,369108.4k $4.0m $4.0m 0.00% Reduced -9.5k -9,456
84 Alberta Investment Management Corp 0.04% of their portfolio EDMONTON, A0 103,148103.1k $3.8m $3.8m 0.04% Added +17.4k +17,377
85 Advisors Asset Management, Inc. 0.07% of their portfolio Monument, CO 101,023101.0k $3.7m $3.7m 0.07% Added +17.5k +17,547
86 TWINBEECH CAPITAL LP 0.07% of their portfolio PURCHASE, NY 98,19498.2k $3.6m $3.6m 0.07% New
87 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 92,69092.7k $3.4m $3.4m 0.01% Reduced -283.1k -283,106
88 Hillsdale Investment Management Inc. 0.26% of their portfolio Toronto, A6 89,95090.0k $3.3m $3.3m 0.26% Added +89.8k +89,800
89 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 89,44389.4k $3.3m $3.3m 0.00% Added +15.1k +15,132
90 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 88,16888.2k $3.2m $3.2m 0.01% Unchanged
91 Susquehanna Portfolio Strategies, LLC 0.13% of their portfolio Bala Cynwyd, PA 87,67087.7k $3.2m $3.2m 0.13% Reduced -2.6k -2,600
92 Oliver Luxxe Assets LLC 0.67% of their portfolio GLADSTONE, NJ 86,78586.8k $3.2m $3.2m 0.67% Added +1.8k +1,764
93 Standard Investments LLC 0.18% of their portfolio New York, NY 83,32183.3k $3.1m $3.1m 0.18% New
94 Select Equity Group, L.P. 0.01% of their portfolio NEW YORK, NY 75,12575.1k $2.8m $2.8m 0.01% Added +20.2k +20,228
95 Holocene Advisors, LP 0.01% of their portfolio New York, NY 74,99375.0k $2.7m $2.7m 0.01% Added +9.8k +9,790
96 Capital Analysts, LLC 0.12% of their portfolio FORT WASHINGTON, PA 74,78274.8k $2.7m $2.7m 0.12% Added +6.0k +5,974
97 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 74,00774.0k $2.7m $2.7m 0.00% Added +15.3k +15,309
98 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 69,84369.8k $2.6m $2.6m 0.02% Added +8.7k +8,744
99 TOWNSQUARE CAPITAL LLC 0.03% of their portfolio Lehi, UT 69,66569.7k $2.6m $2.6m 0.03% Added +11.4k +11,382
100 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 67,68567.7k $2.5m $2.5m 0.00% Added +45.6k +45,588