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 ($40.8m this quarter). Holder counts are more reliable. Shares outstanding: 132.1m as of 2024-07-23, 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 ≈ $248.60. Options: 17 managers hold calls ($107.2m notional), 14 hold puts ($51.9m).
Trends to Q2 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 |
| Q2 2024 | 853 |
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 |
| Q2 2024 | 371 | 380 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $109.6m | $61.2m | 0.56 |
| Q4 2023 | $107.8m | $48.5m | 0.45 |
| Q1 2024 | $143.7m | $71.2m | 0.50 |
| Q2 2024 | $107.2m | $51.9m | 0.48 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +2.7m |
| Vontobel Holding Ltd. | Added | +1.3m |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +317.8k |
| Invesco Ltd. | Added | +219.6k |
| VANGUARD GROUP INC | Added | +172.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +170.9k |
| BlackRock Inc. | Added | +154.2k |
| Amundi | Added | +152.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +146.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +142.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -2.9m |
| GOLDMAN SACHS GROUP INC | Reduced | -623.2k |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -603.0k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -397.0k |
| Stockbridge Partners LLC | Reduced | -290.6k |
| Qube Research & Technologies Ltd | Reduced | -273.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -272.0k |
| Point72 Asset Management, L.P. | Reduced | -208.6k |
| Balyasny Asset Management L.P. | Sold out | -183.2k |
| PANAGORA ASSET MANAGEMENT INC | Reduced | -153.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $39.7m159.7k shares |
| CITADEL ADVISORS LLC | Reduced | $17.0m68.5k shares |
| JPMORGAN CHASE & CO | Unchanged | $9.5m38.4k shares |
| PEAK6 Investments LLC | Reduced | $9.5m38.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.3m33.4k shares |
| JANE STREET GROUP, LLC | Reduced | $5.8m23.5k shares |
| GOLDMAN SACHS GROUP INC | New | $3.3m13.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $3.1m12.5k shares |
| Walleye Trading LLC | Added | $2.9m11.8k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $1.9m7.7k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Added | $9.9m39.9k shares |
| JPMORGAN CHASE & CO | Unchanged | $9.1m36.4k shares |
| PEAK6 Investments LLC | Reduced | $6.2m25.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.7m23.1k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $3.9m15.6k shares |
| Walleye Capital LLC | Added | $3.8m15.2k shares |
| CITADEL ADVISORS LLC | Reduced | $3.4m13.8k shares |
| GOLDMAN SACHS GROUP INC | New | $3.3m13.1k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $2.1m8.6k shares |
| JANE STREET GROUP, LLC | Reduced | $1.3m5.4k 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 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 | — | 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 | — |
| Q2 2024 | 0 | — | 2 | $4.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-10 | Clement David P Senior Vice President | Sold | $249.5k1.0k shares |
| 2024-05-30 | Clement David P Senior Vice President | Sold | $254.5k1.0k shares |
| 2024-05-13 | BAKER THOMPSON S II President · As Trustee of Edward L. Baker Revocable Living Trust | Sold | $1.2m4.5k shares |
| 2024-05-13 | BAKER THOMPSON S II President · Shares held for the benefit of children | Sold | $436.6k1.6k shares |
| 2024-05-13 | BAKER THOMPSON S II President · As Trustee of Martha F. Baker Revocable Living Trust | Sold | $136.4k500 shares |
| 2024-05-10 | BAKER THOMPSON S II President · As Trustee of Edward L. Baker Revocable Living Trust | Sold | $1.6m5.8k shares |
| 2024-05-10 | BAKER THOMPSON S II President · Shares held for the benefit of children | Sold | $574.3k2.1k shares |
| 2024-05-10 | BAKER THOMPSON S II President · As Trustee of Martha F. Baker Revocable Living Trust | Sold | $191.2k700 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 16.2m $4.0bn | Added +172.1k |
| JPMORGAN CHASE & CO 0.14% of their portfolio | 12.7m $3.1bn | Added +2.7m |
| BlackRock Inc. 0.06% of their portfolio | 10.0m $2.5bn | Added +154.2k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 2.17% of their portfolio | 9.7m $2.4bn | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.55% of their portfolio | 7.2m $1.8bn | Reduced -89.6k |
| STATE STREET CORP 0.06% of their portfolio | 5.2m $1.3bn | Reduced -98.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.66% of their portfolio | 4.4m $1.1bn | Reduced -58.5k |
| FMR LLC 0.06% of their portfolio | 3.6m $890.9m | Added +24.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 3.3m $813.2m | Added +80.2k |
| Clearbridge Investments, LLC 0.52% of their portfolio | 2.6m $644.8m | Reduced -6.2k |
| BANK OF AMERICA CORP /DE/ 0.06% of their portfolio | 2.6m $643.3m | Added +60.5k |
| NORTHERN TRUST CORP 0.10% of their portfolio | 2.3m $574.6m | Reduced -67.4k |
| Allspring Global Investments Holdings, LLC 0.73% of their portfolio | 1.8m $447.6m | Reduced -82.9k |
| Invesco Ltd. 0.08% of their portfolio | 1.6m $389.0m | Added +219.6k |
| MORGAN STANLEY 0.03% of their portfolio | 1.5m $374.8m | Reduced -2.9m |
| Stockbridge Partners LLC 7.36% of their portfolio | 1.4m $355.9m | Reduced -290.6k |
| Capital World Investors 0.06% of their portfolio | 1.4m $353.6m | Added +292 |
| NORGES BANK 0.05% of their portfolio | 1.4m $345.5m | Reduced -30.2k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 1.3m $331.4m | Added +43.3k |
| Vontobel Holding Ltd. 1.03% of their portfolio | 1.3m $317.9m | Added +1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 1.0m $255.8m | Reduced -272.0k |
| DF DENT & CO INC 3.19% of their portfolio | 992.2k $246.7m | Reduced -73.6k |
| MILLENNIUM MANAGEMENT LLC 0.20% of their portfolio | 980.6k $243.9m | Added +170.9k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 888.5k $221.0m | Reduced -49.3k |
| Amundi 0.08% of their portfolio | 887.8k $216.6m | Added +152.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.51% of their portfolio | 858.9k $213.6m | First filing |
| ALKEON CAPITAL MANAGEMENT LLC 1.06% of their portfolio | 832.8k $207.1m | Added +45.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 819.3k $203.8m | Added +17.8k |
| LONDON CO OF VIRGINIA 1.08% of their portfolio | 773.8k $192.4m | Reduced -102.2k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 681.4k $169.4m | Reduced -623.2k |
| Fenimore Asset Management Inc 3.62% of their portfolio | 663.9k $165.1m | Reduced -1.6k |
| Legal & General Group Plc 0.04% of their portfolio | 638.1k $158.7m | Reduced -5.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 557.5k $138.6m | Added +142.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.16% of their portfolio | 553.7k $138.9m | Added +317.8k |
| XN LP 6.18% of their portfolio | 519.6k $129.2m | Added +92.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 492.7k $122.5m | Reduced -11.9k |
| PRUDENTIAL FINANCIAL INC 0.16% of their portfolio | 426.6k $106.1m | Reduced -40.6k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 419.1k $104.2m | Reduced -40.9k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 404.7k $100.6m | Reduced -3.0k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 401.8k $99.9m | Added +32.4k |
| Swiss National Bank 0.07% of their portfolio | 391.5k $97.4m | Reduced -6.4k |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 371.1k $92.3m | Reduced -126.0k |
| BARCLAYS PLC 0.04% of their portfolio | 366.0k $91.0m | Added +14.1k |
| UBS Group AG 0.03% of their portfolio | 354.0k $88.0m | Added +3.5k |
| Interval Partners, LP 2.44% of their portfolio | 335.4k $83.4m | Added +62.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio | 316.6k $78.7m | Added +76.7k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.37% of their portfolio | 303.1k $75.4m | Reduced -8.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 291.5k $72.5m | Reduced -22.1k |
| NICHOLAS COMPANY, INC. 1.20% of their portfolio | 291.0k $72.4m | Reduced -60 |
| CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio | 280.0k $69.6m | Added +86.8k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.28% of their portfolio | 276.1k $68.7m | Added +6.3k |
| BAMCO INC /NY/ 0.19% of their portfolio | 264.7k $65.8m | Added +138.2k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 255.0k $63.4m | Reduced -4.0k |
| APG Asset Management N.V. 0.11% of their portfolio | 253.9k $58.9m | Added +19.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 250.4k $62.3m | Added +13.3k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 250.0k $62.2m | Reduced -18.6k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 246.8k $61.5m | Added +17.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 242.2k $60.2m | Added +4.9k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 237.7k $59.1m | Added +14.8k |
| California Public Employees Retirement System 0.04% of their portfolio | 229.2k $57.0m | Reduced -8.1k |
| Artemis Investment Management LLP 0.76% of their portfolio | 227.0k $56.4m | Reduced -39.7k |
| PARK PRESIDIO CAPITAL LLC 13.75% of their portfolio | 226.0k $56.2m | Unchanged |
| Qube Research & Technologies Ltd 0.10% of their portfolio | 223.8k $55.7m | Reduced -273.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 214.7k $53.4m | Added +27.1k |
| Palestra Capital Management LLC 2.09% of their portfolio | 212.8k $52.9m | Unchanged |
| Point72 Asset Management, L.P. 0.17% of their portfolio | 211.0k $52.5m | Reduced -208.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.48% of their portfolio | 207.5k $51.6m | Added +6.1k |
| RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio | 202.5k $50.4m | Added +6.0k |
| Premier Fund Managers Ltd 1.99% of their portfolio | 200.0k $49.6m | Reduced -50.0k |
| HYMAN CHARLES D 2.74% of their portfolio | 197.7k $49.2m | Reduced -17.2k |
| Mariner, LLC 0.09% of their portfolio | 195.0k $48.5m | Added +20.6k |
| WEITZ INVESTMENT MANAGEMENT, INC. 2.50% of their portfolio | 191.6k $47.6m | Reduced -50.0k |
| AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 184.5k $45.9m | Added +106.3k |
| Edge Capital Group, LLC 2.17% of their portfolio | 180.0k $44.8m | Reduced -16 |
| COMGEST GLOBAL INVESTORS S.A.S. 0.60% of their portfolio | 177.1k $44.0m | Added +104 |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 172.8k $43.0m | Added +7.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 171.5k $42.7m | Reduced -39.2k |
| NATIXIS ADVISORS, LLC 0.09% of their portfolio | 164.8k $41.0m | Added +28.3k |
| REGIONS FINANCIAL CORP 0.31% of their portfolio | 164.3k $40.9m | Reduced -1.2k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 160.8k $40.0m | Reduced -113.0k |
| National Pension Service 0.05% of their portfolio | 159.7k $39.7m | Reduced -3.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.10% of their portfolio | 159.0k $39.5m | Added +146.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 151.9k $37.8m | Reduced -133.4k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 150.9k $37.5m | Reduced -86.8k |
| W1M Investment Management Ltd 0.71% of their portfolio | 150.6k $37.4m | Added +2.8k |
| Ceredex Value Advisors LLC 0.71% of their portfolio | 150.6k $37.5m | Reduced -8.4k |
| Robeco Institutional Asset Management B.V. 0.08% of their portfolio | 148.2k $36.8m | Added +10.3k |
| HighTower Advisors, LLC 0.06% of their portfolio | 147.0k $36.5m | Added +645 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 145.8k $36.3m | Added +17.6k |
| Douglas Lane & Associates, LLC 0.50% of their portfolio | 141.5k $35.2m | Reduced -2.2k |
| Howard Capital Management Group, LLC 2.57% of their portfolio | 140.1k $34.9m | Reduced -672 |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 139.7k $34.7m | Added +63.3k |
| CITIGROUP INC 0.03% of their portfolio | 138.9k $34.6m | Added +13.2k |
| Schonfeld Strategic Advisors LLC 0.26% of their portfolio | 136.4k $33.9m | Added +56.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio | 134.9k $33.6m | Reduced -14.0k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 127.0k $31.6m | Added +77.3k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.13% of their portfolio | 126.9k $31.5m | Reduced -344 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.19% of their portfolio | 123.9k $30.8m | Added +61.7k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.51% of their portfolio | 123.8k $30.8m | Unchanged |
| Narwhal Capital Management 2.88% of their portfolio | 122.3k $30.4m | Added +1.7k |