ZURN ELKAY WATER SOLNS CORP ZWS
COM · Common Stock · CUSIP 98983L108 · ISIN US98983L1089
- SectorIndustrials
- IndustryGeneral Industrial Machinery & Equipment
- HeadquartersMilwaukee, WI
- 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 ($15.0m this quarter). Holder counts are more reliable. Shares outstanding: 167.4m as of 2025-10-23, 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 ≈ $46.75. Options: 4 managers hold calls ($2.5m notional), 1 hold puts ($4.7k).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 226 |
| Q4 2022 | 223 |
| Q1 2023 | 225 |
| Q2 2023 | 218 |
| Q3 2023 | 236 |
| Q4 2023 | 280 |
| Q1 2024 | 299 |
| Q2 2024 | 301 |
| Q3 2024 | 304 |
| Q4 2024 | 331 |
| Q1 2025 | 353 |
| Q2 2025 | 349 |
| Q3 2025 | 371 |
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 | 147 | 118 |
| Q1 2024 | 163 | 127 |
| Q2 2024 | 173 | 121 |
| Q3 2024 | 165 | 148 |
| Q4 2024 | 166 | 141 |
| Q1 2025 | 182 | 153 |
| Q2 2025 | 178 | 160 |
| Q3 2025 | 186 | 169 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $4.0m | $674.7k | 0.17 |
| Q1 2025 | $1.2m | $69.3k | 0.06 |
| Q2 2025 | $1.7m | $387.0k | 0.22 |
| Q3 2025 | $2.5m | $4.7k | 0.00 |
Biggest buyers
| MACQUARIE GROUP LTD | Added | +3.5m |
| ALLIANCEBERNSTEIN L.P. | Added | +3.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +2.5m |
| JPMORGAN CHASE & CO | Added | +1.6m |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +1.5m |
| FMR LLC | Added | +450.6k |
| Select Equity Group, L.P. | New | +294.8k |
| MAI Capital Management | Added | +293.5k |
| UBS Group AG | Added | +292.7k |
| OBERWEIS ASSET MANAGEMENT INC/ | New | +266.0k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -3.2m |
| Impax Asset Management Group plc | Reduced | -1.8m |
| Zimmer Partners, LP | Sold out | -1.2m |
| ROYAL BANK OF CANADA | Reduced | -565.3k |
| FIRST TRUST ADVISORS LP | Reduced | -533.6k |
| BlackRock, Inc. | Reduced | -340.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -335.0k |
| AMERIPRISE FINANCIAL INC | Reduced | -319.0k |
| JENNISON ASSOCIATES LLC | Reduced | -301.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -263.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $954.7k20.3k shares |
| GROUP ONE TRADING LLC | New | $771.3k16.4k shares |
| CITADEL ADVISORS LLC | Reduced | $559.7k11.9k shares |
| SIMPLEX TRADING, LLC | New | $244.0k5.2k shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $4.7k100 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-29 | 13.6% |
| Ice Mountain LLC 13G · passive investor filed 2025-02-19 | 9.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 13G · institution filed 2026-08-13 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO 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 | — | 2 | $2.6m | — |
| Q1 2024 | 0 | — | 8 | $19.9m | — |
| Q2 2024 | 0 | — | 2 | $347.4k | $10.4k |
| Q3 2024 | 0 | — | 3 | $3.4m | $1.4m |
| Q4 2024 | 0 | — | 7 | $18.7m | $751.8k |
| Q1 2025 | 0 | — | 2 | $1.4m | — |
| Q2 2025 | 0 | — | 3 | $1.3m | — |
| Q3 2025 | 0 | — | 4 | $13.3m | $2.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-16 | JAHNKE TIMOTHY J Director | Sold plan | $102.5k2.2k shares |
| 2025-09-12 | JAHNKE TIMOTHY J Director | Sold plan | $848.5k17.8k shares |
| 2025-08-27 | PETERSON MARK W Chief Administrative Officer | Sold | $945.0k20.3k shares |
| 2025-08-12 | JAHNKE TIMOTHY J Director | Sold plan | $444.2k9.9k shares |
| 2025-08-04 | JAHNKE TIMOTHY J Director | Sold plan | $6.4k143 shares |
| 2025-07-31 | Chhabra Sudhanshu VP-Zurn Business Systems | Sold | $4.8m108.9k shares |
| 2025-07-31 | Troutman Michael Chief Information Officer | Sold | $3.9m90.9k shares |
| 2025-07-31 | PETERSON MARK W Chief Administrative Officer | Sold | $953.0k22.1k shares |
| 2025-07-31 | JAHNKE TIMOTHY J Director | Sold plan | $874.6k20.0k shares |
| 2025-07-30 | JAHNKE TIMOTHY J Director | Sold plan | $425.9k10.0k 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 |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 23.6m $1.1bn | Reduced -340.8k |
| VANGUARD GROUP INC 0.01% of their portfolio | 16.9m $795.5m | Reduced -63.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1.50% of their portfolio | 13.1m $617.0m | Reduced -335.0k |
| MACQUARIE GROUP LTD 0.36% of their portfolio | 7.5m $309.7m | Added +3.5m |
| Invesco Ltd. 0.04% of their portfolio | 5.9m $279.6m | Added +201.3k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 5.9m $278.4m | Reduced -102.2k |
| STATE STREET CORP 0.01% of their portfolio | 5.4m $256.2m | Added +65.3k |
| JANUS HENDERSON GROUP PLC 0.09% of their portfolio | 4.1m $192.0m | Reduced -81.1k |
| BECK MACK & OLIVER LLC 3.12% of their portfolio | 3.7m $171.8m | Reduced -53.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.5m $165.9m | Added +80.6k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 3.4m $158.5m | Added +3.2m |
| Impax Asset Management Group plc 0.86% of their portfolio | 3.1m $147.1m | Reduced -1.8m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.9m $137.1m | Added +1.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 2.6m $121.7m | Added +2.5m |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.6m $120.5m | Added +32.4k |
| Crescent Grove Advisors, LLC 10.97% of their portfolio | 2.4m $114.5m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 2.3m $106.5m | Reduced -64.9k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 2.2m $102.3m | Reduced -533.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 2.1m $99.3m | Reduced -204.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 2.1m $97.8m | Added +98.1k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 2.0m $95.6m | Reduced -89.7k |
| MORGAN STANLEY 0.01% of their portfolio | 1.8m $83.6m | Reduced -14.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.8m $83.3m | Added +8.5k |
| BROWN ADVISORY INC 0.10% of their portfolio | 1.6m $74.4m | Reduced -189.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.24% of their portfolio | 1.5m $71.9m | New |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.5m $68.5m | Reduced -319.0k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 1.4m $66.8m | Reduced -87.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.09% of their portfolio | 1.2m $58.0m | Added +7.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.2m $57.5m | Reduced -3.2m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $51.2m | Added +32.3k |
| Amundi 0.02% of their portfolio | 1.1m $50.8m | Added +18.9k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 1.0m $48.1m | Added +223.2k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 878.2k $41.3m | Reduced -301.6k |
| Legal & General Group Plc 0.01% of their portfolio | 847.7k $39.9m | Reduced -41.3k |
| DekaBank Deutsche Girozentrale 0.06% of their portfolio | 800.0k $36.7m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 768.0k $36.1m | Added +1.3k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 708.4k $33.3m | Reduced -565.3k |
| Public Sector Pension Investment Board 0.10% of their portfolio | 581.7k $27.4m | Added +99.9k |
| Nuveen, LLC 0.01% of their portfolio | 564.8k $26.6m | Reduced -27.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 507.7k $23.9m | Added +25.9k |
| CIBC Private Wealth Group LLC 0.04% of their portfolio | 494.2k $23.2m | Reduced -10.8k |
| FMR LLC 0.00% of their portfolio | 484.5k $22.8m | Added +450.6k |
| UBS Group AG 0.00% of their portfolio | 479.2k $22.5m | Added +292.7k |
| HUNTINGTON NATIONAL BANK 0.13% of their portfolio | 468.1k $22.0m | Reduced -80.0k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 461.3k $21.7m | Reduced -24.2k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 417.2k $19.6m | Added +5.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 413.4k $19.4m | Added +21.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 390.8k $18.4m | Reduced -263.3k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.09% of their portfolio | 367.8k $17.3m | Reduced -167.1k |
| Perpetual Ltd 0.20% of their portfolio | 342.1k $16.1m | Added +3.7k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 332.1k $15.6m | Added +35.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 320.2k $15.1m | Added +56.3k |
| Select Equity Group, L.P. 0.06% of their portfolio | 294.8k $13.9m | New |
| MAI Capital Management 0.09% of their portfolio | 293.7k $13.8m | Added +293.5k |
| Swiss National Bank 0.01% of their portfolio | 293.5k $13.8m | Added +3.2k |
| Mariner, LLC 0.02% of their portfolio | 279.3k $13.1m | Reduced -50.5k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.48% of their portfolio | 266.0k $12.5m | New |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.36% of their portfolio | 252.7k $11.9m | Reduced -30.0k |
| LORD, ABBETT & CO. LLC 0.04% of their portfolio | 250.0k $11.8m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 247.8k $11.7m | Reduced -40.3k |
| BARCLAYS PLC 0.00% of their portfolio | 221.5k $10.4m | Reduced -81.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 213.6k $10.0m | Reduced -6.9k |
| PDT Partners, LLC 0.62% of their portfolio | 210.4k $9.9m | Reduced -1.4k |
| Verition Fund Management LLC 0.06% of their portfolio | 208.6k $9.8m | Reduced -243.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 203.8k $9.6m | Added +97.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 203.1k $9.6m | Added +10.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 199.4k $9.4m | New |
| Thematics Asset Management 0.42% of their portfolio | 197.3k $9.3m | Unchanged |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 179.9k $8.5m | Added +103.2k |
| Janney Montgomery Scott LLC 0.02% of their portfolio | 175.6k $8.3m | Reduced -10.7k |
| CITIGROUP INC 0.01% of their portfolio | 174.4k $8.2m | Reduced -51.6k |
| LBP AM SA 0.10% of their portfolio | 174.2k $8.2m | Reduced -64.9k |
| Sanctuary Advisors, LLC 0.02% of their portfolio | 169.0k $6.6m | Added +114.1k |
| Trexquant Investment LP 0.08% of their portfolio | 166.3k $7.8m | New |
| Informed Momentum Co LLC 0.84% of their portfolio | 158.1k $7.3m | New |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 153.1k $7.2m | Reduced -747 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.08% of their portfolio | 150.4k $7.1m | Reduced -1.4k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 150.0k $7.1m | Added +1.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 148.6k $7.0m | Added +7.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 142.1k $6.7m | Added +7.5k |
| Vestmark Advisory Solutions, Inc. 0.12% of their portfolio | 132.6k $6.2m | Reduced -808 |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 132.0k $6.2m | Reduced -2.2k |
| NewEdge Wealth, LLC 0.09% of their portfolio | 129.7k $6.2m | Reduced -2.6k |
| Candriam S.C.A. 0.03% of their portfolio | 128.5k $6.0m | Reduced -2.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 127.3k $6.0m | Added +23.5k |
| Fiera Capital Corp 0.02% of their portfolio | 113.6k $5.3m | Reduced -3.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 113.0k $5.3m | Added +51.4k |
| Global Alpha Capital Management Ltd. 0.29% of their portfolio | 108.9k $5.1m | Reduced -400 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 105.5k $5.0m | Added +4.9k |
| Cubist Systematic Strategies, LLC 0.07% of their portfolio | 104.1k $4.9m | New |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.21% of their portfolio | 102.3k $4.8m | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 101.9k $4.8m | Reduced -4.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 101.0k $4.7m | Reduced -6.1k |
| COMERICA BANK 0.02% of their portfolio | 96.1k $4.5m | Added +18.0k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 92.8k $4.4m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 89.0k $4.2m | Added +941 |
| MetLife Investment Management, LLC 0.02% of their portfolio | 88.2k $4.1m | Reduced -1.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 86.6k $4.1m | Added +38.5k |
| Triodos Investment Management BV 0.29% of their portfolio | 85.0k $4.0m | Reduced -3.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 82.7k $3.9m | Added +13.9k |