UTZ BRANDS INC UTZ
COM CL A · Common Stock · CUSIP 918090101
- SectorConsumer staples
- IndustryMiscellaneous Food Preparations & Kindred Products
- HeadquartersHanover, PA
- FilingsSEC EDGAR
* 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 ($727.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.43. Options: 7 managers hold calls ($1.7m notional), 5 hold puts ($684.2k).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 178 |
| Q4 2022 | 179 |
| Q1 2023 | 197 |
| Q2 2023 | 189 |
| Q3 2023 | 190 |
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 | 91 | 74 |
| Q1 2023 | 105 | 74 |
| Q2 2023 | 101 | 76 |
| Q3 2023 | 108 | 73 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $2.4m | $1.6m | 0.65 |
| Q1 2023 | $2.0m | $1.0m | 0.52 |
| Q2 2023 | $2.9m | $1.4m | 0.49 |
| Q3 2023 | $1.7m | $684.2k | 0.40 |
Biggest buyers
| DF DENT & CO INC | Added | +830.1k |
| MILLENNIUM MANAGEMENT LLC | New | +661.1k |
| Gratus Capital, LLC | New | +481.6k |
| Copeland Capital Management, LLC | Added | +363.1k |
| ENVESTNET ASSET MANAGEMENT INC | Added | +297.4k |
| DIMENSIONAL FUND ADVISORS LP | Added | +285.9k |
| First Eagle Investment Management, LLC | Added | +200.8k |
| UBS Group AG | Added | +191.4k |
| MORGAN STANLEY | Added | +185.7k |
| AMERIPRISE FINANCIAL INC | Added | +184.5k |
Biggest sellers
| Engle Capital Management, L.P. | Sold out | -700.0k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -351.3k |
| Rockefeller Capital Management L.P. | Reduced | -332.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -329.4k |
| COMERICA BANK | Reduced | -180.7k |
| Invesco Ltd. | Reduced | -179.6k |
| JENNISON ASSOCIATES LLC | Reduced | -165.7k |
| MARSHALL WACE, LLP | Reduced | -165.3k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -118.1k |
| State of Tennessee, Department of Treasury | Sold out | -89.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $903.8k67.3k shares |
| CITADEL ADVISORS LLC | Added | $431.1k32.1k shares |
| JANE STREET GROUP, LLC | Reduced | $279.3k20.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $106.0k7.9k shares |
| GROUP ONE TRADING LLC | Reduced | $4.0k300 shares |
| Walleye Trading LLC | Reduced | $4.0k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $397.5k29.6k shares |
| Walleye Trading LLC | Reduced | $232.3k17.3k shares |
| CITADEL ADVISORS LLC | Reduced | $44.3k3.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.0k800 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.
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 |
|---|---|
Series R of UM Partners, LLC
13D · may seek influence
filed 2026-07-22
Stated purposeItem 4 of the Schedule 13D is hereby amended and restated in its entirety as follows: Merger Agreement; Merger Consideration and Treatment of Equity Awards As summarized under Item 3 above, on July 20, 2026, the Issuer, Acquiror, Merger Sub and Parent entered into the Merger Agreement. The Issuer's board of directors, acting on the unanimous recommendation of a special committee of the Issuer's board of directors, consisting only of directors that the Issuer's board of directors determined to each be a "disinterested director" (as defined in Section 144 of the General Corporation Law of the State of Delaware, as amended (the "DGCL")), with respect to the contemplated transactions (the "Special Committee"), has unanimously of all voting, among other things, (i) determined that the Merger… Full filing |
37.3% |
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 5.8% |
| DEROMEDI ROGER K 13G · exempt (held before listing) filed 2025-10-10 | 5.5% |
| GLAZER CAPITAL, LLC 13G · passive investor new · filed 2026-10-09 | 5.0% |
Fell to 5% or below in the last year: AMERIPRISE FINANCIAL INC (2.2%, 2026-05-15), JPMORGAN CHASE & CO (4.6%, 2026-05-13), VANGUARD GROUP INC (0.0%, 2026-03-27), INTEGRATED CORE STRATEGIES (US) LLC (2.9%, 2026-01-20)
Insider purchases and sales in Q3 2023
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 |
|---|---|---|---|---|---|
| Q4 2021 | 2 | $100.4k | 1 | $4.0m | — |
| Q1 2022 | 8 | $749.5k | 0 | — | — |
| Q2 2022 | 3 | $114.0k | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $307.9k | — |
| Q4 2022 | 1 | $12.4k | 3 | $2.0m | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $250.0k | 1 | $174.8k | $174.8k |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 6.8m $90.8m | Added +10.2k |
| Champlain Investment Partners, LLC 0.52% of their portfolio | 5.9m $79.8m | Added +24.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 5.4m $73.0m | Added +100.0k |
| BlackRock Inc. 0.00% of their portfolio | 4.9m $66.4m | Added +73.2k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 4.8m $64.0m | Reduced -118.1k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 4.4m $58.4m | Reduced -1.1k |
| DF DENT & CO INC 0.79% of their portfolio | 4.0m $53.9m | Added +830.1k |
| BAMCO INC /NY/ 0.13% of their portfolio | 3.2m $43.6m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.0m $39.8m | Reduced -329.4k |
| Copeland Capital Management, LLC 0.79% of their portfolio | 2.8m $37.0m | Added +363.1k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 1.6m $22.1m | Reduced -165.7k |
| STATE STREET CORP 0.00% of their portfolio | 1.5m $19.9m | Added +39.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.4m $18.9m | Added +63.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.3m $16.8m | Added +184.5k |
| GW&K Investment Management, LLC 0.16% of their portfolio | 1.2m $15.7m | Added +9.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 961.9k $12.9m | Added +285.9k |
| EMERALD ADVISERS, LLC 0.60% of their portfolio | 929.9k $12.5m | Added +126.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 889.0k $11.9m | Added +62.9k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 849.1k $11.4m | Reduced -23.6k |
| Advisors Capital Management, LLC 0.29% of their portfolio | 837.5k $11.2m | Added +29.4k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.61% of their portfolio | 752.1k $10.1m | Added +95.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 710.2k $9.5m | Added +297.4k |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 687.5k $9.2m | Reduced -332.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 661.1k $8.9m | New |
| UBS Group AG 0.00% of their portfolio | 594.6k $8.0m | Added +191.4k |
| MORGAN STANLEY 0.00% of their portfolio | 561.7k $7.5m | Added +185.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 533.6k $7.2m | Added +23.1k |
| DAVENPORT & Co LLC 0.05% of their portfolio | 484.5k $6.5m | Reduced -22.7k |
| Gratus Capital, LLC 0.44% of their portfolio | 481.6k $6.5m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 473.4k $6.4m | Added +181.6k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 409.0k $5.5m | Added +200.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 389.4k $5.2m | Added +3.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 373.2k $5.0m | Added +135.5k |
| BARCLAYS PLC 0.00% of their portfolio | 365.1k $4.9m | Added +86.0k |
| PATHSTONE FAMILY OFFICE, LLC 0.03% of their portfolio | 300.5k $4.0m | Added +888 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 272.2k $3.7m | Reduced -6.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 272.2k $3.7m | Reduced -18.8k |
| AMI ASSET MANAGEMENT CORP 0.18% of their portfolio | 219.5k $2.9m | Reduced -8.8k |
| Select Asset Management & Trust 1.51% of their portfolio | 193.0k $2.6m | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 174.4k $2.3m | Added +9.5k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 174.0k $2.3m | Reduced -1.4k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 162.4k $2.2m | Added +16.8k |
| Swiss National Bank 0.00% of their portfolio | 151.5k $2.0m | Added +1.6k |
| Bahl & Gaynor LLC 0.01% of their portfolio | 145.9k $2.0m | Added +340 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 137.4k $1.8m | Added +17.8k |
| TD Asset Management Inc 0.00% of their portfolio | 119.9k $1.6m | Unchanged |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 111.9k $1.5m | Added +2.7k |
| Orion Porfolio Solutions, LLC 0.02% of their portfolio | 111.4k $1.5m | Reduced -9.1k |
| Orion Portfolio Solutions, LLC 0.02% of their portfolio | 111.4k $1.5m | Reduced -9.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 110.9k $1.5m | Reduced -36.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 104.6k $1.4m | Added +31.6k |
| Alpine Global Management, LLC 0.17% of their portfolio | 104.0k $1.4m | New |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 103.8k $1.4m | Added +25.6k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 103.8k $1.4m | Reduced -165.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 98.4k $1.3m | Added +14.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 94.2k $1.3m | Added +1.8k |
| Invesco Ltd. 0.00% of their portfolio | 91.2k $1.2m | Reduced -179.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 86.2k $1.2m | Added +70.0k |
| BESSEMER GROUP INC 0.00% of their portfolio | 84.2k $1.1m | Added +28.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 83.2k $1.1m | Reduced -12.3k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 79.3k $1.1m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 76.8k $1.0m | Reduced -7.7k |
| Oliver Luxxe Assets LLC 0.22% of their portfolio | 63.5k $853.0k | Added +34.8k |
| Jackson Creek Investment Advisors LLC 0.36% of their portfolio | 63.5k $852.0k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 63.3k $850.1k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 62.3k $837.1k | Added +5.9k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 62.2k $1.0m | Reduced -5.7k |
| Verition Fund Management LLC 0.01% of their portfolio | 61.6k $827.1k | New |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 61.4k $824.7k | Added +378 |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 59.1k $793.2k | Reduced -42.0k |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 57.5k $772.6k | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 51.2k $687.4k | Added +1.9k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 49.4k $663.2k | Reduced -87 |
| OUTFITTERS FINANCIAL LLC 0.62% of their portfolio | 49.2k $661.4k | Added +1.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 49.0k $658.4k | Reduced -2.7k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 48.2k $647.6k | Unchanged |
| TOWNSQUARE CAPITAL LLC 0.01% of their portfolio | 42.6k $572.2k | Reduced -16.9k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 42.6k $572.1k | Added +4.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 42.6k $572.0k | Added +3.5k |
| Squarepoint Ops LLC 0.00% of their portfolio | 41.7k $559.5k | New |
| Capital Impact Advisors, LLC 0.91% of their portfolio | 40.5k $543.9k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 40.1k $538.8k | Reduced -84.1k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 39.1k $524.6k | Unchanged |
| DIVERSIFIED TRUST CO 0.02% of their portfolio | 38.5k $516.5k | Added +2.2k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 36.0k $482.9k | Added +1.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 34.9k $468.7k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 34.7k $466.2k | Added +4.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 33.8k $453.5k | Added +5.5k |
| HRT FINANCIAL LP 0.00% of their portfolio | 32.7k $439.0k | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 31.8k $426.7k | Added +3.5k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.03% of their portfolio | 30.1k $403.9k | Added +7.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 29.9k $401.2k | Reduced -21.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 29.2k $392.6k | Added +490 |
| Snowden Capital Advisors LLC 0.02% of their portfolio | 28.6k $383.7k | Added +1.1k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 27.9k $374.3k | Reduced -1 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 27.8k $372.7k | Added +224 |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.02% of their portfolio | 26.1k $350.0k | Reduced -24.6k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 24.7k $331.2k | Added +169 |
| BEACON INVESTMENT ADVISORS LLC 0.23% of their portfolio | 24.3k $327.0k | Reduced -580 |
| Legacy Wealth Asset Management, LLC 0.11% of their portfolio | 23.2k $311.4k | Reduced -156 |