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 ($38.6m this quarter). Holder counts are more reliable. Shares outstanding: 132.1m as of 2025-10-21, 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 ≈ $307.44. Options: 11 managers hold calls ($95.4m notional), 13 hold puts ($76.9m).
Trends to Q3 2025
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 |
| Q3 2024 | 889 |
| Q4 2024 | 930 |
| Q1 2025 | 917 |
| Q2 2025 | 963 |
| Q3 2025 | 1,004 |
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 2023 | 376 | 330 |
| Q1 2024 | 383 | 371 |
| Q2 2024 | 371 | 380 |
| Q3 2024 | 442 | 356 |
| Q4 2024 | 401 | 385 |
| Q1 2025 | 426 | 427 |
| Q2 2025 | 501 | 373 |
| Q3 2025 | 490 | 396 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $71.4m | $20.9m | 0.29 |
| Q1 2025 | $53.1m | $57.7m | 1.09 |
| Q2 2025 | $67.9m | $35.3m | 0.52 |
| Q3 2025 | $95.4m | $76.9m | 0.81 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +8.0m |
| LONE PINE CAPITAL LLC | New | +1.4m |
| Vontobel Holding Ltd. | Added | +492.0k |
| MACQUARIE GROUP LTD | Added | +449.3k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +414.8k |
| Freestone Grove Partners LP | New | +321.5k |
| VANGUARD GROUP INC | Added | +311.5k |
| CITADEL ADVISORS LLC | Added | +245.1k |
| FRANKLIN RESOURCES INC | Added | +224.5k |
| Susquehanna Portfolio Strategies, LLC | New | +160.1k |
Biggest sellers
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.4m |
| T. Rowe Price Investment Management, Inc. | Reduced | -353.1k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -339.9k |
| Qube Research & Technologies Ltd | Sold out | -295.0k |
| FMR LLC | Reduced | -221.0k |
| BARCLAYS PLC | Reduced | -208.6k |
| ROYAL BANK OF CANADA | Reduced | -189.1k |
| Alyeska Investment Group, L.P. | Reduced | -178.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -175.7k |
| BlackRock, Inc. | Reduced | -148.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $40.9m133.0k shares |
| JANE STREET GROUP, LLC | Added | $24.4m79.4k shares |
| CITADEL ADVISORS LLC | Reduced | $13.4m43.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $5.9m19.5k shares |
| IMC-Chicago, LLC | New | $5.0m16.4k shares |
| Cubist Systematic Strategies, LLC | Reduced | $2.7m8.8k shares |
| SIMPLEX TRADING, LLC | Added | $1.3m4.1k shares |
| Walleye Trading LLC | Reduced | $830.6k2.7k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $399.9k1.3k shares |
| Walleye Capital LLC | New | $399.9k1.3k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $19.1m62.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.0m58.5k shares |
| GROUP ONE TRADING LLC | Added | $14.2m46.2k shares |
| IMC-Chicago, LLC | New | $12.0m39.0k shares |
| Cubist Systematic Strategies, LLC | Reduced | $3.7m11.9k shares |
| Walleye Trading LLC | Added | $3.6m11.7k shares |
| CITADEL ADVISORS LLC | Added | $3.4m11.1k shares |
| WOLVERINE TRADING, LLC | Added | $1.1m3.5k shares |
| BARCLAYS PLC | Unchanged | $615.2k2.0k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $492.2k1.6k 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 Q3 2025
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 2023 | 0 | — | 4 | $1.7m | $354.0k |
| Q1 2024 | 0 | — | 5 | $4.5m | — |
| Q2 2024 | 0 | — | 2 | $4.7m | — |
| Q3 2024 | 0 | — | 1 | $8.7m | — |
| Q4 2024 | 0 | — | 4 | $8.5m | $6.9m |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 3 | $25.3m | — |
| Q3 2025 | 0 | — | 2 | $394.7k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-12 | Clement David P Senior Vice President | Sold | $208.4k698 shares |
| 2025-08-21 | Pigg Randy L. Vice President and Controller | Sold | $186.3k650 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 17.2m $5.3bn | Added +311.5k |
| JPMORGAN CHASE & CO 0.16% of their portfolio | 15.8m $4.9bn | Added +8.0m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 2.45% of their portfolio | 9.6m $2.9bn | Unchanged |
| BlackRock, Inc. 0.05% of their portfolio | 9.1m $2.8bn | Reduced -148.4k |
| PRINCIPAL FINANCIAL GROUP INC 1.18% of their portfolio | 7.6m $2.3bn | Added +414.8k |
| STATE STREET CORP 0.06% of their portfolio | 5.5m $1.7bn | Reduced -71.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 3.5m $1.1bn | Added +52.5k |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 2.3m $713.2m | Added +9.0k |
| Clearbridge Investments, LLC 0.54% of their portfolio | 2.3m $711.7m | Reduced -112.1k |
| NORTHERN TRUST CORP 0.09% of their portfolio | 2.2m $677.4m | Reduced -11.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.21% of their portfolio | 2.2m $661.9m | Reduced -1.4m |
| Allspring Global Investments Holdings, LLC 0.92% of their portfolio | 1.9m $570.1m | Added +17.3k |
| T. Rowe Price Investment Management, Inc. 0.34% of their portfolio | 1.8m $552.3m | Reduced -353.1k |
| FMR LLC 0.03% of their portfolio | 1.7m $522.0m | Reduced -221.0k |
| MORGAN STANLEY 0.03% of their portfolio | 1.6m $492.4m | Added +48.6k |
| Vontobel Holding Ltd. 1.46% of their portfolio | 1.5m $464.9m | Added +492.0k |
| ALKEON CAPITAL MANAGEMENT LLC 2.06% of their portfolio | 1.5m $454.9m | Unchanged |
| Stockbridge Partners LLC 8.31% of their portfolio | 1.4m $429.6m | Reduced -23.1k |
| LONE PINE CAPITAL LLC 3.10% of their portfolio | 1.4m $425.9m | New |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 1.3m $397.8m | Added +3.9k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 1.0m $315.2m | Added +35.8k |
| Invesco Ltd. 0.05% of their portfolio | 972.7k $299.2m | Added +41.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 956.1k $294.1m | Added +34.8k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 944.4k $290.5m | Added +224.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 927.6k $285.3m | Reduced -98.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.44% of their portfolio | 889.4k $273.6m | Added +11.1k |
| DF DENT & CO INC 3.32% of their portfolio | 836.3k $257.2m | Reduced -43.4k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 789.9k $243.0m | Reduced -1.6k |
| EAGLE CAPITAL MANAGEMENT LLC 0.70% of their portfolio | 715.8k $220.2m | Reduced -786 |
| MACQUARIE GROUP LTD 0.25% of their portfolio | 698.6k $214.9m | Added +449.3k |
| LONDON CO OF VIRGINIA 1.17% of their portfolio | 689.7k $212.2m | Reduced -33.4k |
| Legal & General Group Plc 0.05% of their portfolio | 685.2k $210.8m | Added +19.8k |
| Fenimore Asset Management Inc 4.11% of their portfolio | 665.7k $204.8m | Reduced -186 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 617.2k $189.9m | Reduced -65.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.15% of their portfolio | 574.2k $175.1m | Reduced -27.5k |
| UBS Group AG 0.03% of their portfolio | 570.4k $175.5m | Added +123.5k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 543.5k $166.9m | Reduced -23.4k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 503.5k $154.9m | Added +43.6k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 472.5k $145.4m | Added +22.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.11% of their portfolio | 457.9k $140.9m | Added +41.9k |
| Skye Global Management LP 2.71% of their portfolio | 438.0k $134.7m | Reduced -44.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio | 412.2k $126.3m | Added +82.7k |
| BARCLAYS PLC 0.05% of their portfolio | 404.8k $124.5m | Reduced -208.6k |
| PARK PRESIDIO CAPITAL LLC 10.80% of their portfolio | 403.6k $124.2m | Added +2.3k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 393.8k $121.1m | Added +245.1k |
| Swiss National Bank 0.07% of their portfolio | 380.8k $117.1m | Reduced -19.1k |
| Nuveen, LLC 0.03% of their portfolio | 379.1k $116.6m | Reduced -5.4k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 349.9k $107.6m | Reduced -189.1k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 344.7k $106.0m | Added +9.2k |
| HighTower Advisors, LLC 0.12% of their portfolio | 333.8k $102.7m | Reduced -52 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 324.1k $99.7m | Added +113.1k |
| Freestone Grove Partners LP 0.74% of their portfolio | 321.5k $98.9m | New |
| REGIONS FINANCIAL CORP 0.31% of their portfolio | 314.6k $96.8m | Added +152.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 306.8k $94.4m | Added +4.1k |
| Amundi 0.03% of their portfolio | 306.4k $93.3m | Reduced -100.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 284.0k $87.4m | Added +113.1k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 283.1k $87.1m | Reduced -6.5k |
| NICHOLAS COMPANY, INC. 1.44% of their portfolio | 276.0k $84.9m | Reduced -20 |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 273.6k $84.2m | Added +12.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 264.3k $81.3m | Added +10.8k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 262.2k $80.7m | Added +5.4k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 252.8k $77.8m | Reduced -2.5k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.71% of their portfolio | 252.2k $77.6m | Added +32.0k |
| W1M Investment Management Ltd 0.96% of their portfolio | 242.7k $74.6m | Added +22.5k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.31% of their portfolio | 236.6k $72.8m | Reduced -12.1k |
| California Public Employees Retirement System 0.04% of their portfolio | 236.4k $72.7m | Added +13.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 234.1k $72.0m | Reduced -87 |
| FERNBRIDGE CAPITAL MANAGEMENT LP 3.49% of their portfolio | 232.6k $71.5m | Reduced -22.4k |
| BAMCO INC /NY/ 0.18% of their portfolio | 223.2k $68.7m | Added +16.9k |
| Silvant Capital Management LLC 1.18% of their portfolio | 219.7k $67.6m | Added +113.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.11% of their portfolio | 219.6k $67.5m | Reduced -4.4k |
| NATIXIS ADVISORS, LLC 0.10% of their portfolio | 219.4k $67.5m | Added +11.8k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 218.7k $67.1m | Reduced -3.3k |
| PANAGORA ASSET MANAGEMENT INC 0.27% of their portfolio | 217.7k $67.0m | Reduced -78.8k |
| WEITZ INVESTMENT MANAGEMENT, INC. 3.55% of their portfolio | 212.7k $65.4m | Added +800 |
| BROWN BROTHERS HARRIMAN & CO 0.38% of their portfolio | 202.8k $62.4m | Added +7.3k |
| Empower Advisory Group, LLC 0.17% of their portfolio | 197.8k $60.8m | Added +35.2k |
| PARNASSUS INVESTMENTS, LLC 0.14% of their portfolio | 190.6k $58.6m | Reduced -7.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio | 190.3k $58.5m | Reduced -175.7k |
| Mariner, LLC 0.07% of their portfolio | 181.3k $55.7m | Reduced -32.0k |
| National Pension Service 0.04% of their portfolio | 176.9k $54.4m | Added +1.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 169.0k $52.0m | Added +10.4k |
| COMGEST GLOBAL INVESTORS S.A.S. 0.92% of their portfolio | 168.7k $51.9m | Added +8.0k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.85% of their portfolio | 168.0k $51.7m | Reduced -28 |
| BROWN ADVISORY INC 0.07% of their portfolio | 165.4k $50.9m | Added +11.7k |
| Douglas Lane & Associates, LLC 0.70% of their portfolio | 164.4k $50.6m | Added +9.0k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 164.0k $50.4m | Added +8.9k |
| Premier Fund Managers Ltd 2.03% of their portfolio | 163.0k $49.4m | Reduced -78.0k |
| Susquehanna Portfolio Strategies, LLC 0.78% of their portfolio | 160.1k $49.2m | New |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 155.3k $47.8m | Added +56.5k |
| Interval Partners, LP 1.00% of their portfolio | 152.6k $47.0m | Added +69.2k |
| CITIGROUP INC 0.03% of their portfolio | 139.4k $42.9m | Reduced -14.6k |
| Howard Capital Management Group, LLC 2.68% of their portfolio | 137.8k $42.4m | Reduced -82 |
| SEI INVESTMENTS CO 0.04% of their portfolio | 135.0k $41.5m | Added +16.0k |
| Narwhal Capital Management 3.04% of their portfolio | 133.4k $41.0m | Added +10.6k |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 126.0k $38.8m | Reduced -4.0k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 125.6k $38.6m | Reduced -20.5k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 125.1k $38.5m | Added +31.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio | 121.0k $37.2m | Reduced -14.9k |
| TORONTO DOMINION BANK 0.07% of their portfolio | 118.2k $36.4m | Added +39.2k |