AMRIZE LTD AMRZ
SHS · Common Stock · CUSIP H2927K103
- SectorMaterials
- IndustryCement, Hydraulic
- 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 ($43.1m this quarter). Holder counts are more reliable. Shares outstanding: 546.9m as of 2026-07-31, 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 ≈ $53.19. Options: 13 managers hold calls ($83.8m notional), 14 hold puts ($85.1m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2025 | 201 |
| Q3 2025 | 315 |
| Q4 2025 | 388 |
| Q1 2026 | 449 |
| Q2 2026 | 463 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2025 | 238 | 100 |
| Q4 2025 | 259 | 147 |
| Q1 2026 | 283 | 159 |
| Q2 2026 | 283 | 181 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $29.0m | $37.7m | 1.30 |
| Q4 2025 | $32.4m | $54.3m | 1.67 |
| Q1 2026 | $84.4m | $75.8m | 0.90 |
| Q2 2026 | $83.8m | $85.1m | 1.02 |
Biggest buyers
| Invesco Ltd. | Added | +8.0m |
| HARRIS ASSOCIATES L P | Added | +2.6m |
| D1 Capital Partners L.P. | New | +2.2m |
| LOCUST WOOD CAPITAL ADVISERS, LLC | New | +1.9m |
| DIMENSIONAL FUND ADVISORS LP | New | +1.7m |
| BARCLAYS PLC | Added | +1.4m |
| JPMORGAN CHASE & CO | Added | +1.4m |
| Thrivent Financial for Lutherans | Added | +1.2m |
| River Road Asset Management, LLC | Added | +1.1m |
| DEUTSCHE BANK AG\ | Added | +1.1m |
Biggest sellers
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -4.5m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -4.0m |
| Slate Path Capital LP | Sold out | -3.8m |
| UBS Group AG | Reduced | -2.7m |
| Allspring Global Investments Holdings, LLC | Reduced | -1.7m |
| CITIGROUP INC | Reduced | -1.6m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.5m |
| Amundi | Reduced | -1.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.0m |
| FIL Ltd | Reduced | -923.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $30.6m573.7k shares |
| UBS Group AG | Added | $15.2m285.5k shares |
| CITADEL ADVISORS LLC | Added | $11.9m223.1k shares |
| JANE STREET GROUP, LLC | Reduced | $7.7m143.6k shares |
| IMC-Chicago, LLC | Added | $4.6m87.1k shares |
| BARCLAYS PLC | New | $4.0m75.0k shares |
| Twin Tree Management, LP | New | $3.8m72.0k shares |
| Crawford Fund Management, LLC | Reduced | $1.9m36.5k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $1.1m19.8k shares |
| SIMPLEX TRADING, LLC | Added | $911.4k17.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $16.0m299.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.0m263.3k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $11.8m221.7k shares |
| JANE STREET GROUP, LLC | Added | $11.1m208.7k shares |
| PEAK6 LLC | Added | $7.4m138.5k shares |
| Twin Tree Management, LP | New | $6.2m116.4k shares |
| BARCLAYS PLC | New | $5.3m100.0k shares |
| IMC-Chicago, LLC | Added | $4.5m84.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $4.0m750 shares |
| TUDOR INVESTMENT CORP ET AL | Added | $2.0m37.2k 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 |
|---|---|
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME 13G · institution new · filed 2025-08-11 | 6.7% |
SCHMIDHEINY THOMAS
13D · may seek influence
new · filed 2025-06-27
Stated purposeThe information set forth under Items 3 and 6 of this Schedule 13D is incorporated herein by reference. The Reporting Persons obtained the securities described in this Schedule 13D in the context of the Spin-Off. The Reporting Persons may from time to time acquire additional securities of the Issuer, or retain or sell all or a portion of the Company Shares then held by the applicable Reporting Person, in the open market, block trades, underwritten public offerings or privately negotiated transactions. Any actions a Reporting Person might undertake with respect to its investment in the Issuer may be made at any time and from time to time and will be dependent upon the Reporting Person's review of numerous factors, including, but not limited to: ongoing evaluation of the Issuer's business, … Full filing |
6.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), BlackRock, Inc. (3.6%, 2026-01-21)
Insider purchases and sales since 1 Apr 2026
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 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 8 | $54.0m | 0 | — | — |
| Q4 2025 | 4 | $6.3m | 0 | — | — |
| Q1 2026 | 5 | $4.6m | 0 | — | — |
| Q2 2026 | 5 | $2.7m | 0 | — | — |
| Q3 2026 | 11 | $2.6m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-02 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $1.1m25.0k shares |
| 2026-09-02 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $170.0k4.0k shares |
| 2026-09-02 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $42.4k1.0k shares |
| 2026-08-27 | Gibson Dwight Audley Konrad Director | Bought | $2445 shares |
| 2026-08-26 | Sanche Jacques Wolf Director | Bought | $186.8k4.2k shares |
| 2026-08-25 | Singleton Denise R Chief Legal Officer & Corp Sec | Bought | $154.4k3.5k shares |
| 2026-08-25 | Forrest Nollaig Chief Mktg & Corp Affairs Off | Bought | $66.2k1.5k shares |
| 2026-08-17 | Poletti Samuel Jonas Chief Strategy & M&A Officer | Bought | $117.8k2.5k shares |
| 2026-08-12 | Oran Baris Chief Financial Officer | Bought | $141.4k3.0k shares |
| 2026-08-11 | Clark Stephen S Chief People Officer | Bought | $248.9k5.3k shares |
| 2026-08-11 | Gross Mario Chief Supply Chain Officer | Bought | $166.3k3.6k shares |
| 2026-08-11 | Oran Baris Chief Financial Officer | Bought | $142.1k3.0k shares |
| 2026-08-11 | Hill Jaime President, Building Materials | Bought | $70.7k1.5k shares |
| 2026-08-11 | Brouwer Roald Chief Technology Officer | Bought | $69.5k1.5k shares |
| 2026-05-22 | Forrest Nollaig Chief Mktg & Corp Affairs Off | Bought | $100.5k2.0k shares |
| 2026-05-21 | Brouwer Roald Chief Technology Officer | Bought | $74.8k1.5k shares |
| 2026-05-20 | Gross Mario Chief Supply Chain Officer | Bought | $58.4k1.2k shares |
| 2026-05-19 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $639.6k13.0k shares |
| 2026-05-19 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $149.9k3.0k shares |
| 2026-05-19 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $148.9k3.0k shares |
| 2026-05-19 | Gross Mario Chief Supply Chain Officer | Bought | $137.7k2.8k shares |
| 2026-05-15 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $666.7k13.4k shares |
| 2026-05-15 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $397.0k8.0k shares |
| 2026-05-15 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $343.8k7.0k shares |
| 2026-05-05 | Clark Stephen S Chief People Officer | Bought | $1132 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 2026
| Manager | Shares | Change |
|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 21.3m $1.1bn | Added +701.9k |
| BlackRock, Inc. 0.01% of their portfolio | 16.2m $861.6m | Added +732.2k |
| NORGES BANK 0.07% of their portfolio | 14.1m $745.6m | Not comparable |
| HARRIS ASSOCIATES L P 0.99% of their portfolio | 14.0m $745.7m | Added +2.6m |
| Zurcher Kantonalbank (Zurich Cantonalbank) 1.10% of their portfolio | 10.8m $575.9m | Added +166.8k |
| Invesco Ltd. 0.04% of their portfolio | 8.6m $458.0m | Added +8.0m |
| UBS Group AG 0.07% of their portfolio | 8.3m $440.2m | Reduced -2.7m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.32% of their portfolio | 7.5m $402.1m | Reduced -4.5m |
| VANGUARD FIDUCIARY TRUST CO 0.09% of their portfolio | 7.3m $389.4m | Added +231.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 6.2m $329.5m | Reduced -70.0k |
| Pictet Asset Management Holding SA 0.30% of their portfolio | 5.9m $311.8m | Added +655.9k |
| STATE STREET CORP 0.01% of their portfolio | 5.3m $280.8m | Added +659.2k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 5.2m $278.1m | Added +1.4m |
| VICTORY CAPITAL MANAGEMENT INC 0.15% of their portfolio | 4.9m $259.0m | Added +972.8k |
| Vontobel Holding Ltd. 0.85% of their portfolio | 4.8m $254.1m | Added +734.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.28% of their portfolio | 4.4m $235.3m | Added +348.4k |
| AMERICAN CENTURY COMPANIES INC 0.10% of their portfolio | 4.3m $230.4m | Added +645.2k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 4.1m $219.8m | Added +1.1m |
| FMR LLC 0.01% of their portfolio | 3.8m $201.3m | Added +220.9k |
| BARCLAYS PLC 0.06% of their portfolio | 3.6m $192.1m | Added +1.4m |
| River Road Asset Management, LLC 1.98% of their portfolio | 3.3m $177.6m | Added +1.1m |
| First Pacific Advisors, LP 2.09% of their portfolio | 3.2m $169.4m | Added +30.9k |
| FIRST MANHATTAN CO. LLC. 0.43% of their portfolio | 3.1m $167.6m | Reduced -793.1k |
| Allspring Global Investments Holdings, LLC 0.25% of their portfolio | 3.1m $161.5m | Reduced -1.7m |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 2.7m $143.7m | Reduced -4.0m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.3m $124.7m | Added +743.1k |
| D1 Capital Partners L.P. 0.34% of their portfolio | 2.2m $116.6m | New |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.0m $105.7m | Added +224.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.07% of their portfolio | 2.0m $103.5m | Added +116.4k |
| Bank Julius Baer & Co. Ltd, Zurich 0.27% of their portfolio | 1.9m $102.6m | Reduced -107.9k |
| Legal & General Group Plc 0.02% of their portfolio | 1.9m $102.4m | Reduced -739.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.9m $101.0m | Added +105.9k |
| LOCUST WOOD CAPITAL ADVISERS, LLC 2.44% of their portfolio | 1.9m $100.8m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.7m $90.7m | Added +14.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.7m $88.7m | New |
| 1832 Asset Management L.P. 0.11% of their portfolio | 1.6m $87.6m | Added +242.9k |
| Gates Capital Management, Inc. 2.77% of their portfolio | 1.6m $84.3m | Reduced -831.8k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 1.5m $81.2m | Reduced -719.0k |
| National Pension Service 0.05% of their portfolio | 1.5m $79.6m | Added +104.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.5m $77.8m | Added +39.7k |
| Swiss National Bank 0.04% of their portfolio | 1.4m $74.8m | Reduced -56.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 1.4m $74.0m | Added +662.5k |
| Permian Investment Partners, LP 7.94% of their portfolio | 1.3m $70.0m | Added +363.6k |
| Thrivent Financial for Lutherans 0.11% of their portfolio | 1.2m $65.8m | Added +1.2m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.57% of their portfolio | 1.2m $64.1m | Reduced -70.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $64.0m | Added +219.1k |
| Banque Cantonale Vaudoise 2.32% of their portfolio | 1.1m $60.3m | Added +195.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.09% of their portfolio | 1.1m $59.2m | Added +71.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 1.1m $57.8m | Reduced -871.6k |
| CAMBIAR INVESTORS LLC 2.45% of their portfolio | 1.1m $56.5m | Added +4.5k |
| SHAPIRO CAPITAL MANAGEMENT LLC 3.34% of their portfolio | 1.0m $55.2m | Added +77.5k |
| DJE Kapital AG 1.04% of their portfolio | 1.0m $55.1m | Reduced -79.8k |
| SIH Partners, LLLP 2.12% of their portfolio | 953.6k $50.8m | Reduced -390.8k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 937.7k $50.0m | Added +454.8k |
| LAKEWOOD CAPITAL MANAGEMENT, LP 2.45% of their portfolio | 888.2k $47.3m | Added +74.0k |
| COOPERMAN LEON G 1.32% of their portfolio | 880.0k $46.9m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 838.8k $44.7m | Added +70.2k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 818.9k $43.6m | Added +141.4k |
| FIL Ltd 0.03% of their portfolio | 789.6k $42.1m | Reduced -923.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 787.2k $41.9m | Added +174.0k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 766.1k $40.7m | Reduced -782.5k |
| CapitalatWork S.A. 1.02% of their portfolio | 760.3k $40.5m | Added +173.8k |
| CITIGROUP INC 0.02% of their portfolio | 669.5k $35.5m | Reduced -1.6m |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 650.8k $34.7m | Reduced -28.2k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 644.8k $34.4m | Added +450.7k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 633.1k $33.7m | Reduced -21.1k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 616.6k $32.9m | Reduced -67.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 599.8k $32.0m | Reduced -40.3k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 599.8k $32.0m | Added +58.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 577.3k $30.8m | Added +50.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 571.7k $30.5m | Added +22.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 571.0k $30.4m | Added +529.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 548.7k $30.7m | Added +167.1k |
| Artisan Partners Limited Partnership 0.05% of their portfolio | 524.9k $28.0m | Reduced -291.0k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.07% of their portfolio | 517.5k $27.6m | Reduced -19.3k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 496.5k $26.5m | Reduced -1.5m |
| Amundi 0.01% of their portfolio | 482.1k $25.7m | Reduced -1.2m |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 473.4k $25.1m | Added +23.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 472.6k $25.2m | Added +313.6k |
| HRT FINANCIAL LP 0.06% of their portfolio | 460.6k $24.5m | Reduced -212.6k |
| WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD 6.64% of their portfolio | 453.6k $24.2m | Added +210.8k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 424.9k $23.0m | Unchanged |
| SEI INVESTMENTS CO 0.02% of their portfolio | 410.3k $21.9m | Reduced -98.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 409.8k $21.8m | Reduced -32.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 373.6k $19.9m | Added +32.1k |
| DDD Partners, LLC 1.16% of their portfolio | 349.5k $18.6m | Added +24.7k |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 349.4k $18.6m | Added +2.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 332.2k $17.7m | Added +28.2k |
| CLARK ESTATES INC/NY 3.99% of their portfolio | 325.0k $17.3m | Added +40.0k |
| Korea Investment CORP 0.03% of their portfolio | 318.9k $17.0m | Added +109.8k |
| GREAT LAKES ADVISORS, LLC 0.13% of their portfolio | 318.5k $17.0m | Added +87.9k |
| Compagnie Lombard Odier SCmA 0.18% of their portfolio | 318.1k $16.9m | Reduced -136.5k |
| Alpha Wave Global, LP 0.27% of their portfolio | 315.3k $16.8m | Reduced -91.9k |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 304.8k $16.2m | Added +59.9k |
| AVIVA PLC 0.02% of their portfolio | 289.5k $15.4m | Reduced -4.6k |
| Ancora Advisors LLC 0.29% of their portfolio | 283.5k $15.1m | Added +52.8k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.74% of their portfolio | 280.9k $15.0m | Added +122.7k |
| ASSETMARK, INC 0.03% of their portfolio | 280.4k $14.9m | Added +29.5k |
| Alecta Tjanstepension Omsesidigt 0.06% of their portfolio | 274.0k $14.6m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 260.1k $13.9m | Added +47.8k |