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 ($18.5m this quarter). Holder counts are more reliable. Shares outstanding: 553.1m as of 2025-09-30, 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 ≈ $48.45. Options: 11 managers hold calls ($29.0m notional), 10 hold puts ($37.7m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2025 | 201 |
| Q3 2025 | 315 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $0 | $0 | — |
| Q2 2025 | $12.3m | $36.5m | 2.98 |
| Q3 2025 | $29.0m | $37.7m | 1.30 |
Biggest buyers
| FMR LLC | New | +12.4m |
| VANGUARD GROUP INC | Added | +8.7m |
| BlackRock, Inc. | Added | +8.5m |
| Slate Path Capital LP | New | +6.1m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +5.9m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +3.8m |
| Allspring Global Investments Holdings, LLC | Added | +3.1m |
| MARSHALL WACE, LLP | Added | +2.6m |
| STATE STREET CORP | New | +2.4m |
| Amundi | New | +2.2m |
Biggest sellers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -12.3m |
| Dodge & Cox | Reduced | -6.7m |
| Vontobel Holding Ltd. | Reduced | -3.9m |
| CAISSE DES DEPOTS ET CONSIGNATIONS | Sold out | -1.9m |
| CITIGROUP INC | Reduced | -1.8m |
| Allianz Asset Management GmbH | Reduced | -1.6m |
| Qube Research & Technologies Ltd | Sold out | -1.2m |
| MOORE CAPITAL MANAGEMENT, LP | Reduced | -652.5k |
| MORGAN STANLEY | Reduced | -635.5k |
| PointState Capital LP | Sold out | -578.6k |
Biggest calls
| UBS Group AG | New | $13.5m278.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $3.2m66.0k shares |
| WOLVERINE TRADING, LLC | New | $2.7m55.7k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $2.6m53.8k shares |
| GROUP ONE TRADING LLC | New | $1.5m29.9k shares |
| BARCLAYS PLC | New | $1.4m28.4k shares |
| JANE STREET GROUP, LLC | New | $1.3m26.8k shares |
| Eisler Capital Management Ltd. | New | $1.2m25.0k shares |
| SIMPLEX TRADING, LLC | New | $858.0k17.7k shares |
| CITADEL ADVISORS LLC | New | $698.8k14.4k shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | Reduced | $25.3m520.8k shares |
| Eisler Capital Management Ltd. | New | $3.6m75.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $2.5m51.3k shares |
| CITADEL ADVISORS LLC | New | $2.3m47.3k shares |
| MILLENNIUM MANAGEMENT LLC | New | $1.2m25.0k shares |
| SIMPLEX TRADING, LLC | New | $1.2m23.9k shares |
| JANE STREET GROUP, LLC | New | $926.9k19.1k shares |
| WOLVERINE TRADING, LLC | New | $412.4k8.6k shares |
| GROUP ONE TRADING LLC | New | $189.3k3.9k shares |
| SUMMIT SECURITIES GROUP LLC | New | $82.5k1.7k 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 |
|---|---|
| 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 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 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 8 | $54.0m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-27 | Brouwer Roald Chief Technology Officer | Bought | $103.8k2.0k shares |
| 2025-08-22 | Hill Jaime President, Building Materials | Bought | $24.8k500 shares |
| 2025-08-15 | Clark Stephen S Chief People Officer | Bought | $259.1k5.0k shares |
| 2025-08-15 | Hill Jaime President, Building Materials | Bought | $208.0k4.0k shares |
| 2025-08-13 | Gross Mario Chief Supply Chain Officer | Bought | $148.9k3.0k shares |
| 2025-08-12 | Brouwer Roald Chief Technology Officer | Bought | $46.8k1.0k shares |
| 2025-08-11 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $16.3m340.0k shares |
| 2025-08-11 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $9.8m205.0k shares |
| 2025-08-11 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $2.4m50.0k shares |
| 2025-08-11 | Gross Mario Chief Supply Chain Officer | Bought | $124.2k2.6k shares |
| 2025-08-11 | Brouwer Roald Chief Technology Officer | Bought | $48.1k1.0k shares |
| 2025-08-08 | Jenisch Jan Philipp Chairman & CEO, director · By spouse | Bought | $12.1m260.0k shares |
| 2025-08-08 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $6.5m140.0k shares |
| 2025-08-08 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $4.6m100.0k shares |
| 2025-08-08 | Johnston Ian A Chief Financial Officer | Bought | $501.0k10.5k shares |
| 2025-08-08 | Gross Mario Chief Supply Chain Officer | Bought | $233.9k5.0k shares |
| 2025-08-08 | Singleton Denise R Chief Legal Officer & Corp Sec | Bought | $190.6k4.0k shares |
| 2025-08-08 | Hill Jaime President, Building Materials | Bought | $185.6k4.0k shares |
| 2025-08-08 | Poletti Samuel Jonas Chief Strategy & M&A Officer | Bought | $59.2k1.3k shares |
| 2025-08-08 | Brouwer Roald Chief Technology Officer | Bought | $46.2k1.0k 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 |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 30.1m $1.5bn | Added +8.7m |
| UBS Group AG 0.16% of their portfolio | 16.4m $798.2m | Added +993.3k |
| FMR LLC 0.03% of their portfolio | 12.4m $596.0m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio | 11.6m $561.0m | Added +3.8m |
| Zurcher Kantonalbank (Zurich Cantonalbank) 1.05% of their portfolio | 9.5m $459.2m | Added +420.7k |
| BlackRock, Inc. 0.01% of their portfolio | 8.6m $419.2m | Added +8.5m |
| Slate Path Capital LP 4.60% of their portfolio | 6.1m $297.1m | New |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 6.0m $290.4m | Added +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 5.9m $286.2m | Added +5.9m |
| Dodge & Cox 0.15% of their portfolio | 5.8m $280.4m | Reduced -6.7m |
| Pictet Asset Management Holding SA 0.23% of their portfolio | 5.0m $240.4m | Reduced -70.5k |
| Vontobel Holding Ltd. 0.68% of their portfolio | 4.5m $216.6m | Reduced -3.9m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 4.4m $213.0m | Added +884.1k |
| Allspring Global Investments Holdings, LLC 0.34% of their portfolio | 4.4m $212.4m | Added +3.1m |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 4.1m $199.0m | Reduced -253.9k |
| FIRST MANHATTAN CO. LLC. 0.43% of their portfolio | 3.4m $163.3m | Added +1.0m |
| Gates Capital Management, Inc. 4.76% of their portfolio | 3.2m $153.8m | Added +1.2m |
| Legal & General Group Plc 0.03% of their portfolio | 2.9m $142.3m | Reduced -304.8k |
| MARSHALL WACE, LLP 0.15% of their portfolio | 2.9m $139.4m | Added +2.6m |
| STATE STREET CORP 0.00% of their portfolio | 2.4m $115.4m | New |
| BARCLAYS PLC 0.04% of their portfolio | 2.3m $113.2m | Added +406.1k |
| River Road Asset Management, LLC 1.24% of their portfolio | 2.3m $110.9m | Added +1.5m |
| Amundi 0.03% of their portfolio | 2.2m $104.0m | New |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.84% of their portfolio | 1.9m $92.2m | New |
| 1832 Asset Management L.P. 0.15% of their portfolio | 1.8m $88.3m | New |
| Bank Julius Baer & Co. Ltd, Zurich 0.24% of their portfolio | 1.7m $83.5m | Reduced -201.0k |
| FIL Ltd 0.06% of their portfolio | 1.6m $78.7m | Added +349.3k |
| Allianz Asset Management GmbH 0.10% of their portfolio | 1.6m $77.5m | Reduced -1.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.6m $77.6m | Added +1.6m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.5m $74.6m | Added +856.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.11% of their portfolio | 1.4m $68.3m | Reduced -285.2k |
| Rokos Capital Management LLP 0.77% of their portfolio | 1.3m $61.1m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 1.2m $59.0m | New |
| Nuveen, LLC 0.02% of their portfolio | 1.2m $57.7m | Reduced -115.8k |
| Cannell & Spears LLC 1.01% of their portfolio | 1.1m $53.4m | New |
| Artisan Partners Limited Partnership 0.07% of their portfolio | 1.0m $49.8m | Added +279.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.0m $49.5m | New |
| COOPER CREEK PARTNERS MANAGEMENT LLC 1.75% of their portfolio | 962.5k $46.7m | Reduced -285.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 946.8k $45.9m | Reduced -18.9k |
| CAMBIAR INVESTORS LLC 2.07% of their portfolio | 939.3k $45.6m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 927.1k $44.7m | Added +144.0k |
| COOPERMAN LEON G 1.33% of their portfolio | 880.0k $42.7m | Not comparable |
| NATIXIS ADVISORS, LLC 0.06% of their portfolio | 788.8k $38.3m | New |
| LOCUST WOOD CAPITAL ADVISERS, LLC 1.01% of their portfolio | 761.9k $37.0m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 694.7k $33.7m | New |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 635.2k $30.8m | Reduced -11.0k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 630.7k $30.5m | Added +210.7k |
| Wolf Hill Capital Management, LP 2.89% of their portfolio | 625.0k $30.3m | Reduced -325.0k |
| Banque Cantonale Vaudoise 1.13% of their portfolio | 623.5k $30.1m | New |
| LAKEWOOD CAPITAL MANAGEMENT, LP 2.26% of their portfolio | 615.0k $29.8m | New |
| SOROS FUND MANAGEMENT LLC 0.46% of their portfolio | 600.0k $29.1m | Added +210.0k |
| SIH Partners, LLLP 2.49% of their portfolio | 586.7k $28.5m | Reduced -416.5k |
| Woodline Partners LP 0.13% of their portfolio | 554.2k $26.9m | Added +160.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 544.5k $26.3m | Added +33.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 526.7k $25.6m | Added +521.5k |
| MORGAN STANLEY 0.00% of their portfolio | 496.8k $24.1m | Reduced -635.5k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.09% of their portfolio | 472.2k $22.9m | Added +247.2k |
| CITIGROUP INC 0.02% of their portfolio | 458.7k $22.1m | Reduced -1.8m |
| One Fin Capital Management LP 7.68% of their portfolio | 450.0k $21.8m | Added +35.0k |
| Invesco Ltd. 0.00% of their portfolio | 449.2k $21.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 430.8k $20.9m | Added +272.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 400.8k $19.5m | Added +365.0k |
| Korea Investment CORP 0.04% of their portfolio | 382.1k $18.4m | Added +98.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 370.9k $18.0m | Added +293.1k |
| Select Equity Group, L.P. 0.07% of their portfolio | 341.8k $16.5m | Reduced -3.8k |
| MOORE CAPITAL MANAGEMENT, LP 0.33% of their portfolio | 339.5k $16.5m | Reduced -652.5k |
| AVIVA PLC 0.03% of their portfolio | 338.3k $16.3m | Reduced -260.2k |
| Zimmer Partners, LP 0.39% of their portfolio | 325.0k $15.8m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 317.0k $15.3m | Added +336 |
| Public Sector Pension Investment Board 0.05% of their portfolio | 307.0k $14.8m | Added +24.7k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 306.5k $14.8m | Unchanged |
| CLARK ESTATES INC/NY 3.33% of their portfolio | 300.0k $14.6m | New |
| GAM Holding AG 0.88% of their portfolio | 295.5k $14.3m | New |
| GREAT LAKES ADVISORS, LLC 0.12% of their portfolio | 292.8k $14.2m | Added +177.4k |
| Watchtower Advisors, LP 6.44% of their portfolio | 284.4k $13.8m | New |
| FIRST SABREPOINT CAPITAL MANAGEMENT LP 5.29% of their portfolio | 270.0k $13.1m | Added +170.0k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 265.9k $12.9m | Reduced -164.1k |
| Compagnie Lombard Odier SCmA 0.14% of their portfolio | 261.5k $12.6m | Reduced -210.3k |
| Potrero Capital Research LLC 3.76% of their portfolio | 255.1k $12.4m | Added +190.1k |
| GENDELL JEFFREY L 0.22% of their portfolio | 242.1k $11.7m | New |
| LOOMIS SAYLES & CO L P 0.01% of their portfolio | 231.4k $11.2m | Added +56.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 230.2k $11.1m | New |
| WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD 2.74% of their portfolio | 228.5k $11.1m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 215.0k $10.4m | Added +132.4k |
| Dilation Capital Management LP 4.96% of their portfolio | 206.3k $10.0m | New |
| Kailix Advisors LLC 13.57% of their portfolio | 205.4k $10.0m | Added +68.9k |
| Alight Capital Management LP 2.32% of their portfolio | 200.0k $9.7m | Added +20.0k |
| Allied Investment Advisors, LLC 1.51% of their portfolio | 196.1k $9.5m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 188.8k $9.2m | New |
| Zurich Insurance Group Ltd/FI 0.06% of their portfolio | 185.9k $9.0m | Added +44.8k |
| Ancora Advisors LLC 0.18% of their portfolio | 180.6k $8.8m | Added +176.4k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 179.6k $8.7m | New |
| Burkehill Global Management, LP 0.48% of their portfolio | 175.0k $8.5m | Added +125.0k |
| Creative Planning 0.01% of their portfolio | 170.9k $8.3m | New |
| Pictet North America Advisors SA 0.76% of their portfolio | 168.9k $8.2m | Reduced -404 |
| Squarepoint Ops LLC 0.02% of their portfolio | 158.0k $7.7m | New |
| Concentric Capital Strategies, LP 0.36% of their portfolio | 157.4k $7.6m | New |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 152.2k $7.4m | New |
| TD Asset Management Inc 0.01% of their portfolio | 151.2k $7.3m | Reduced -13.5k |
| Bryn Mawr Trust Advisors, LLC 0.36% of their portfolio | 149.3k $7.2m | New |