VULCAN MATLS CO VMC
COM · Common Stock · CUSIP 929160109 · ISIN US9291601097
American construction materials company
- SectorMaterials
- IndustryMining & Quarrying of Nonmetallic Minerals (No Fuels)
- HeadquartersBirmingham, AL
- Founded1909
- Websitevulcanmaterials.com
- 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 ($56.8m this quarter). Holder counts are more reliable. Shares outstanding: 132.3m as of 2024-04-22, 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 ≈ $272.33. Options: 21 managers hold calls ($143.7m notional), 19 hold puts ($71.2m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 679 |
| Q4 2022 | 719 |
| Q1 2023 | 728 |
| Q2 2023 | 758 |
| Q3 2023 | 766 |
| Q4 2023 | 822 |
| Q1 2024 | 868 |
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 | 314 | 285 |
| Q1 2023 | 341 | 298 |
| Q2 2023 | 352 | 337 |
| Q3 2023 | 344 | 329 |
| Q4 2023 | 376 | 330 |
| Q1 2024 | 383 | 371 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $102.2m | $96.7m | 0.95 |
| Q3 2023 | $109.6m | $61.2m | 0.56 |
| Q4 2023 | $107.8m | $48.5m | 0.45 |
| Q1 2024 | $143.7m | $71.2m | 0.50 |
Biggest buyers
| MORGAN STANLEY | Added | +1.8m |
| Capital World Investors | New | +1.4m |
| VANGUARD GROUP INC | Added | +756.0k |
| JPMORGAN CHASE & CO | Added | +480.1k |
| CITADEL ADVISORS LLC | Added | +454.6k |
| FMR LLC | Added | +372.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +256.2k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +203.2k |
| NORGES BANK | Added | +174.9k |
| Balyasny Asset Management L.P. | Added | +133.4k |
Biggest sellers
| BESSEMER GROUP INC | Reduced | -842.9k |
| BlackRock Inc. | Reduced | -594.6k |
| Point72 Asset Management, L.P. | Reduced | -403.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -400.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -363.5k |
| Bank of New York Mellon Corp | Reduced | -356.5k |
| Stockbridge Partners LLC | Reduced | -335.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -304.6k |
| Clearbridge Investments, LLC | Reduced | -284.0k |
| Invesco Ltd. | Reduced | -256.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $40.8m149.5k shares |
| CITADEL ADVISORS LLC | Added | $20.3m74.3k shares |
| JANE STREET GROUP, LLC | Added | $18.5m67.7k shares |
| PEAK6 Investments LLC | Reduced | $15.4m56.5k shares |
| SIMPLEX TRADING, LLC | Added | $11.2m41.2k shares |
| JPMORGAN CHASE & CO | New | $10.5m38.4k shares |
| WOLVERINE TRADING, LLC | Added | $6.4m23.5k shares |
| GTS SECURITIES LLC | Added | $3.7m13.6k shares |
| IMC-Chicago, LLC | New | $3.7m13.6k shares |
| MILLENNIUM MANAGEMENT LLC | New | $2.4m8.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.4m56.3k shares |
| PEAK6 Investments LLC | Added | $13.0m47.5k shares |
| JPMORGAN CHASE & CO | New | $9.9m36.4k shares |
| CITADEL ADVISORS LLC | Added | $8.0m29.2k shares |
| MILLENNIUM MANAGEMENT LLC | New | $6.7m24.4k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $4.1m14.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.3m12.1k shares |
| BANK OF AMERICA CORP /DE/ | New | $2.3m8.6k shares |
| Walleye Trading LLC | Reduced | $1.9m6.8k shares |
| JANE STREET GROUP, LLC | New | $1.8m6.7k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 6.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
Fell to 5% or below in the last year: JPMORGAN CHASE & CO (4.4%, 2026-05-13), PRINCIPAL GLOBAL INVESTORS (4.8%, 2026-05-12), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 1 | $558.0k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $360.0k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 3 | $1.5m | $947.4k |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 4 | $1.7m | $354.0k |
| Q1 2024 | 0 | — | 5 | $4.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-13 | Franklin Denson N. III SVP, Gen. Counsel & Secretary | Sold | $862.3k3.2k shares |
| 2024-02-29 | Clement David P Senior Vice President | Sold | $747.4k2.8k shares |
| 2024-02-26 | Anderson Melissa H. Director | Sold | $312.6k1.2k shares |
| 2024-02-22 | Bass Stanley G Chief Strategy Officer | Sold | $432.3k1.7k shares |
| 2024-02-22 | Pigg Randy L. Vice President and Controller | Sold | $78.4k307 shares |
| 2024-02-21 | Bass Stanley G Chief Strategy Officer | Sold | $2.1m8.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 16.0m $4.4bn | Added +756.0k |
| JPMORGAN CHASE & CO 0.12% of their portfolio | 9.9m $2.7bn | Added +480.1k |
| BlackRock Inc. 0.06% of their portfolio | 9.9m $2.7bn | Reduced -594.6k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 2.38% of their portfolio | 9.7m $2.6bn | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.59% of their portfolio | 7.3m $2.0bn | Reduced -363.5k |
| STATE STREET CORP 0.06% of their portfolio | 5.3m $1.5bn | Added +38.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.72% of their portfolio | 4.5m $1.2bn | Added +83.6k |
| MORGAN STANLEY 0.03% of their portfolio | 4.4m $1.2bn | Added +1.8m |
| FMR LLC 0.07% of their portfolio | 3.6m $971.1m | Added +372.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 3.2m $870.8m | Added +127.9k |
| Clearbridge Investments, LLC 0.56% of their portfolio | 2.6m $709.4m | Reduced -284.0k |
| BANK OF AMERICA CORP /DE/ 0.07% of their portfolio | 2.5m $689.5m | Added +46.3k |
| NORTHERN TRUST CORP 0.11% of their portfolio | 2.4m $649.1m | Reduced -65.0k |
| Allspring Global Investments Holdings, LLC 0.80% of their portfolio | 1.9m $513.9m | Reduced -255.7k |
| Stockbridge Partners LLC 9.68% of their portfolio | 1.7m $469.9m | Reduced -335.6k |
| Capital World Investors 0.06% of their portfolio | 1.4m $388.0m | New |
| NORGES BANK 0.06% of their portfolio | 1.4m $387.4m | Added +174.9k |
| Invesco Ltd. 0.08% of their portfolio | 1.3m $367.0m | Reduced -256.6k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 1.3m $356.0m | Added +128.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 1.3m $354.9m | Reduced -304.6k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 1.3m $351.9m | Added +33.0k |
| VONTOBEL ASSET MANAGEMENT INC 2.03% of their portfolio | 1.3m $365.5m | Reduced -140.7k |
| DF DENT & CO INC 3.55% of their portfolio | 1.1m $290.9m | Reduced -52.8k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 937.8k $255.9m | Reduced -356.5k |
| LONDON CO OF VIRGINIA 1.26% of their portfolio | 876.0k $239.1m | Reduced -214.7k |
| MILLENNIUM MANAGEMENT LLC 0.19% of their portfolio | 809.8k $221.0m | Reduced -400.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 801.6k $218.8m | Added +19.8k |
| ALKEON CAPITAL MANAGEMENT LLC 1.18% of their portfolio | 787.8k $215.0m | Added +120.0k |
| Amundi 0.08% of their portfolio | 735.0k $187.5m | Added +13.6k |
| Fenimore Asset Management Inc 3.84% of their portfolio | 665.5k $181.6m | Added +471 |
| Legal & General Group Plc 0.05% of their portfolio | 643.8k $175.7m | Reduced -3.7k |
| Mirae Asset Global Investments Co., Ltd. 0.22% of their portfolio | 609.9k $103.2m | Reduced -108.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 504.7k $137.7m | Reduced -27.2k |
| Qube Research & Technologies Ltd 0.25% of their portfolio | 497.6k $135.8m | Added +16.7k |
| CITADEL ADVISORS LLC 0.13% of their portfolio | 497.1k $135.7m | Added +454.6k |
| PRUDENTIAL FINANCIAL INC 0.18% of their portfolio | 467.2k $127.5m | Added +63.2k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 460.1k $125.6m | Added +78.1k |
| XN LP 5.81% of their portfolio | 427.3k $116.6m | Added +32.3k |
| Point72 Asset Management, L.P. 0.33% of their portfolio | 419.6k $114.5m | Reduced -403.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 415.0k $113.3m | Reduced -7.0k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 407.7k $111.3m | Reduced -36.5k |
| LAZARD ASSET MANAGEMENT LLC 0.13% of their portfolio | 398.8k $108.8m | Reduced -186.3k |
| Swiss National Bank 0.08% of their portfolio | 397.9k $108.6m | Reduced -17.6k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 369.4k $100.8m | Reduced -9.3k |
| BARCLAYS PLC 0.04% of their portfolio | 351.9k $96.0m | Reduced -63.7k |
| UBS Group AG 0.03% of their portfolio | 350.5k $95.7m | Added +27.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 313.6k $85.6m | Reduced -1.6k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.45% of their portfolio | 311.4k $85.0m | Reduced -7.0k |
| NICHOLAS COMPANY, INC. 1.31% of their portfolio | 291.0k $79.4m | Reduced -35 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.15% of their portfolio | 285.3k $77.9m | Added +256.2k |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 273.8k $74.7m | Added +59.2k |
| Interval Partners, LP 2.82% of their portfolio | 273.4k $74.6m | Reduced -255.0k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.30% of their portfolio | 269.9k $73.7m | Added +14.7k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 268.6k $73.3m | Reduced -55.4k |
| Artemis Investment Management LLP 0.94% of their portfolio | 266.6k $72.7m | Added +64.2k |
| RHUMBLINE ADVISERS 0.07% of their portfolio | 259.1k $70.7m | Reduced -590 |
| Premier Fund Managers Ltd 2.70% of their portfolio | 250.0k $68.2m | Unchanged |
| WEITZ INVESTMENT MANAGEMENT, INC. 3.33% of their portfolio | 241.6k $65.9m | Reduced -35.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 239.9k $65.5m | Reduced -30.2k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 237.6k $64.9m | Added +29.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 237.3k $64.8m | Added +7.6k |
| California Public Employees Retirement System 0.05% of their portfolio | 237.3k $64.8m | Reduced -6.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 237.1k $64.7m | Reduced -6.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 235.9k $64.6m | Added +203.2k |
| APG Asset Management N.V. 0.10% of their portfolio | 234.3k $59.2m | Reduced -17.8k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 229.3k $62.6m | Reduced -38.3k |
| PANAGORA ASSET MANAGEMENT INC 0.32% of their portfolio | 227.5k $62.1m | Added +130.5k |
| PARK PRESIDIO CAPITAL LLC 14.04% of their portfolio | 226.0k $61.7m | Added +6.5k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 223.0k $60.9m | Added +21.6k |
| HYMAN CHARLES D 3.24% of their portfolio | 214.9k $58.6m | Reduced -1.0k |
| Palestra Capital Management LLC 2.23% of their portfolio | 212.8k $58.1m | Reduced -219.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.07% of their portfolio | 210.7k $57.5m | Reduced -1.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.48% of their portfolio | 201.4k $55.0m | Reduced -4.1k |
| RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio | 196.6k $53.6m | Reduced -18.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 193.1k $52.7m | Reduced -2.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 187.6k $51.2m | Added +28.6k |
| Balyasny Asset Management L.P. 0.13% of their portfolio | 183.2k $50.0m | Added +133.4k |
| Edge Capital Group, LLC 2.44% of their portfolio | 180.0k $49.1m | Reduced -2.4k |
| COMGEST GLOBAL INVESTORS S.A.S. 0.67% of their portfolio | 177.0k $48.3m | Added +10.4k |
| Alyeska Investment Group, L.P. 0.30% of their portfolio | 174.5k $47.6m | Reduced -33.6k |
| Mariner, LLC 0.10% of their portfolio | 174.4k $47.6m | Added +914 |
| REGIONS FINANCIAL CORP 0.34% of their portfolio | 165.6k $45.2m | Reduced -25 |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 165.5k $45.2m | Reduced -23.8k |
| National Pension Service 0.05% of their portfolio | 163.1k $44.5m | Added +1.5k |
| Ceredex Value Advisors LLC 0.76% of their portfolio | 159.0k $43.4m | Reduced -15.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.06% of their portfolio | 148.9k $25.5m | Added +7.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.14% of their portfolio | 147.8k $40.3m | Added +98.4k |
| W1M Investment Management Ltd 0.84% of their portfolio | 147.8k $40.3m | Reduced -12.1k |
| HighTower Advisors, LLC 0.06% of their portfolio | 146.3k $39.9m | Added +648 |
| Assenagon Asset Management S.A. 0.10% of their portfolio | 143.9k $39.3m | Added +4.2k |
| Douglas Lane & Associates, LLC 0.55% of their portfolio | 143.7k $39.2m | Reduced -1.9k |
| Howard Capital Management Group, LLC 2.96% of their portfolio | 140.8k $38.4m | Reduced -441 |
| Robeco Institutional Asset Management B.V. 0.08% of their portfolio | 137.9k $37.6m | Added +26.4k |
| CREDIT SUISSE AG/ 0.04% of their portfolio | 137.4k $37.5m | Reduced -13.7k |
| NATIXIS ADVISORS, LLC 0.09% of their portfolio | 136.5k $37.3m | Added +36.3k |
| Caisse de depot et placement du Quebec 0.09% of their portfolio | 133.7k $36.5m | Added +132.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 128.2k $35.0m | Added +1.5k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.15% of their portfolio | 127.2k $34.7m | Reduced -1.6k |
| BAMCO INC /NY/ 0.09% of their portfolio | 126.5k $34.5m | Added +82.9k |
| CITIGROUP INC 0.04% of their portfolio | 125.8k $34.3m | Added +2.8k |