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 ($46.9m this quarter). Holder counts are more reliable. Shares outstanding: 553.1m as of 2025-12-31, 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 ≈ $54.35. Options: 8 managers hold calls ($32.4m notional), 8 hold puts ($54.3m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2025 | 201 |
| Q3 2025 | 315 |
| Q4 2025 | 388 |
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 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $0 | $0 | — |
| Q2 2025 | $12.3m | $36.5m | 2.98 |
| Q3 2025 | $29.0m | $37.7m | 1.30 |
| Q4 2025 | $32.4m | $54.3m | 1.67 |
Biggest buyers
| HARRIS ASSOCIATES L P | New | +11.4m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +9.1m |
| BlackRock, Inc. | Added | +5.6m |
| First Pacific Advisors, LP | New | +3.4m |
| BARCLAYS PLC | Added | +2.3m |
| AMERICAN CENTURY COMPANIES INC | New | +2.2m |
| STATE STREET CORP | Added | +2.0m |
| VANGUARD GROUP INC | Added | +1.7m |
| National Pension Service | New | +1.6m |
| Swiss National Bank | New | +1.4m |
Biggest sellers
| FMR LLC | Reduced | -7.3m |
| UBS Group AG | Reduced | -3.0m |
| JPMORGAN CHASE & CO | Reduced | -2.3m |
| GOLDMAN SACHS GROUP INC | Reduced | -2.3m |
| Nuveen, LLC | Reduced | -1.2m |
| Allianz Asset Management GmbH | Reduced | -1.1m |
| Cannell & Spears LLC | Reduced | -1.1m |
| DEUTSCHE BANK AG\ | Reduced | -963.8k |
| COOPER CREEK PARTNERS MANAGEMENT LLC | Sold out | -962.5k |
| Amundi | Reduced | -888.4k |
Biggest calls
| UBS Group AG | Added | $15.6m288.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.7m160.4k shares |
| CITADEL ADVISORS LLC | Added | $2.7m50.3k shares |
| Crawford Fund Management, LLC | New | $2.2m41.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.3m24.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $914.0k16.9k shares |
| GROUP ONE TRADING LLC | Reduced | $859.9k15.9k shares |
| Leonteq Securities AG | New | $119.0k2.2k shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | Reduced | $27.3m505.0k shares |
| CITADEL ADVISORS LLC | Added | $19.0m351.7k shares |
| SIMPLEX TRADING, LLC | Added | $2.2m40.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.2m39.8k shares |
| GROUP ONE TRADING LLC | Added | $1.6m30.0k shares |
| JANE STREET GROUP, LLC | Added | $1.2m21.7k shares |
| IMC-Chicago, LLC | New | $757.1k14.0k shares |
| Leonteq Securities AG | New | $59.5k1.1k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2025 | 4 | $6.3m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-19 | Gangestad Nicholas C Director | Bought | $94.7k2.0k shares |
| 2025-11-04 | Hill Jaime President, Building Materials | Bought | $202.8k4.0k shares |
| 2025-10-31 | Brouwer Roald Chief Technology Officer | Bought | $207.1k4.0k shares |
| 2025-10-30 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $2.9m55.0k shares |
| 2025-10-30 | Jenisch Jan Philipp Chairman & CEO, director | Bought | $2.9m55.0k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 31.8m $1.7bn | Added +1.7m |
| NORGES BANK 0.10% of their portfolio | 16.9m $929.3m | Not comparable |
| BlackRock, Inc. 0.01% of their portfolio | 14.2m $767.8m | Added +5.6m |
| UBS Group AG 0.14% of their portfolio | 13.5m $728.2m | Reduced -3.0m |
| WELLINGTON MANAGEMENT GROUP LLP 0.12% of their portfolio | 12.7m $698.5m | Added +1.1m |
| HARRIS ASSOCIATES L P 0.78% of their portfolio | 11.4m $615.4m | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 1.15% of their portfolio | 9.7m $532.1m | Added +156.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.46% of their portfolio | 9.7m $522.4m | Added +9.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 6.1m $328.1m | Added +198.8k |
| Slate Path Capital LP 4.27% of their portfolio | 5.9m $316.9m | Reduced -263.2k |
| Dodge & Cox 0.16% of their portfolio | 5.4m $293.4m | Reduced -401.1k |
| FMR LLC 0.01% of their portfolio | 5.0m $275.9m | Reduced -7.3m |
| Pictet Asset Management Holding SA 0.27% of their portfolio | 5.0m $273.8m | Added +474 |
| BARCLAYS PLC 0.10% of their portfolio | 4.6m $249.6m | Added +2.3m |
| Allspring Global Investments Holdings, LLC 0.41% of their portfolio | 4.6m $255.1m | Added +214.4k |
| Vontobel Holding Ltd. 0.83% of their portfolio | 4.6m $252.4m | Added +105.5k |
| STATE STREET CORP 0.01% of their portfolio | 4.4m $237.2m | Added +2.0m |
| FIRST MANHATTAN CO. LLC. 0.57% of their portfolio | 4.0m $218.3m | Added +672.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.7m $199.2m | Reduced -2.3m |
| First Pacific Advisors, LP 2.43% of their portfolio | 3.4m $184.3m | New |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 3.1m $169.6m | Reduced -963.8k |
| River Road Asset Management, LLC 1.71% of their portfolio | 2.9m $155.9m | Added +597.5k |
| Legal & General Group Plc 0.03% of their portfolio | 2.7m $147.0m | Reduced -267.5k |
| Gates Capital Management, Inc. 4.60% of their portfolio | 2.4m $132.2m | Reduced -724.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.4m $129.6m | Added +859.1k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 2.3m $128.7m | Reduced -550.4k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 2.2m $117.5m | New |
| Bank Julius Baer & Co. Ltd, Zurich 0.32% of their portfolio | 2.2m $117.6m | Added +441.3k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.1m $115.5m | Reduced -2.3m |
| RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio | 1.8m $95.9m | Added +557.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.8m $95.1m | Added +738.3k |
| CITIGROUP INC 0.06% of their portfolio | 1.7m $92.4m | Added +1.2m |
| FIL Ltd 0.07% of their portfolio | 1.6m $88.7m | Added +18.2k |
| National Pension Service 0.06% of their portfolio | 1.6m $87.8m | New |
| SIH Partners, LLLP 5.10% of their portfolio | 1.6m $87.5m | Added +1.0m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.6m $86.9m | Added +8.9k |
| MORGAN STANLEY 0.01% of their portfolio | 1.6m $86.3m | Added +1.1m |
| 1832 Asset Management L.P. 0.10% of their portfolio | 1.4m $75.8m | Reduced -418.7k |
| Swiss National Bank 0.04% of their portfolio | 1.4m $73.8m | New |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 1.3m $70.8m | Added +1.2m |
| Amundi 0.02% of their portfolio | 1.3m $68.4m | Reduced -888.4k |
| Freestone Grove Partners LP 0.47% of their portfolio | 1.2m $65.2m | New |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.62% of their portfolio | 1.2m $63.5m | Reduced -724.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.10% of their portfolio | 1.1m $61.3m | Reduced -287.9k |
| CAMBIAR INVESTORS LLC 2.63% of their portfolio | 1.1m $58.9m | Added +149.2k |
| Rokos Capital Management LLP 0.86% of their portfolio | 1.1m $58.5m | Reduced -176.5k |
| Permian Investment Partners, LP 6.02% of their portfolio | 983.2k $53.2m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 909.6k $49.2m | Added +870.1k |
| COOPERMAN LEON G 1.58% of their portfolio | 880.0k $47.6m | Unchanged |
| Artisan Partners Limited Partnership 0.07% of their portfolio | 875.4k $47.3m | Reduced -151.5k |
| SHAPIRO CAPITAL MANAGEMENT LLC 2.44% of their portfolio | 854.8k $46.2m | New |
| Banque Cantonale Vaudoise 1.58% of their portfolio | 805.5k $44.2m | Added +182.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 801.7k $43.4m | Added +106.9k |
| DJE Kapital AG 1.16% of their portfolio | 762.9k $42.0m | Added +726.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 719.6k $39.0m | Reduced -227.2k |
| BESSEMER GROUP INC 0.06% of their portfolio | 703.5k $38.6m | Added +700.1k |
| LAKEWOOD CAPITAL MANAGEMENT, LP 2.63% of their portfolio | 699.2k $37.8m | Added +84.2k |
| HRT FINANCIAL LP 0.15% of their portfolio | 680.5k $36.8m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 653.7k $35.4m | Reduced -273.3k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.12% of their portfolio | 646.9k $35.0m | Added +174.7k |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 631.3k $34.1m | Reduced -157.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 604.3k $32.7m | Added +77.6k |
| Invesco Ltd. 0.00% of their portfolio | 571.3k $30.9m | Added +122.0k |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 562.3k $30.4m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 561.8k $30.4m | New |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 527.4k $28.5m | Added +423.7k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 511.9k $27.7m | Added +296.9k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 490.7k $26.8m | Reduced -140.0k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 487.0k $26.8m | Reduced -1.1m |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 486.2k $26.5m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 482.4k $26.7m | New |
| Compagnie Lombard Odier SCmA 0.29% of their portfolio | 482.2k $26.5m | Added +220.7k |
| Jump Financial, LLC 0.31% of their portfolio | 454.8k $24.6m | Added +435.9k |
| BANK OF NOVA SCOTIA 0.03% of their portfolio | 400.8k $22.0m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 383.0k $20.7m | Reduced -252.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 373.9k $20.2m | Reduced -26.9k |
| Zimmer Partners, LP 0.52% of their portfolio | 366.0k $19.8m | Added +41.0k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 365.1k $19.7m | Added +212.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 351.0k $19.0m | New |
| Korea Investment CORP 0.04% of their portfolio | 350.7k $19.1m | Reduced -31.4k |
| Lodge Hill Capital, LLC 3.58% of their portfolio | 350.0k $18.9m | New |
| One Fin Capital Management LP 6.38% of their portfolio | 338.0k $18.3m | Reduced -112.0k |
| CLARK ESTATES INC/NY 4.26% of their portfolio | 325.0k $17.6m | Added +25.0k |
| GAM Holding AG 1.12% of their portfolio | 317.9k $17.5m | Added +22.4k |
| CapitalatWork S.A. 0.52% of their portfolio | 315.7k $17.1m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 309.3k $16.7m | Reduced -121.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 308.2k $16.7m | Reduced -62.7k |
| L1 Capital Pty Ltd 0.86% of their portfolio | 305.3k $16.5m | New |
| SAMLYN CAPITAL, LLC 0.25% of their portfolio | 295.2k $16.0m | New |
| AVIVA PLC 0.03% of their portfolio | 286.8k $15.5m | Reduced -51.4k |
| GREAT LAKES ADVISORS, LLC 0.12% of their portfolio | 283.3k $15.3m | Reduced -9.5k |
| Select Equity Group, L.P. 0.07% of their portfolio | 273.4k $15.0m | Reduced -68.4k |
| SOROS FUND MANAGEMENT LLC 0.19% of their portfolio | 266.7k $14.4m | Reduced -333.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 250.7k $13.6m | New |
| Ancora Advisors LLC 0.28% of their portfolio | 248.2k $13.4m | Added +67.6k |
| WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD 3.43% of their portfolio | 247.5k $13.4m | Added +18.9k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.05% of their portfolio | 244.9k $13.5m | Added +183.7k |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 242.0k $13.1m | Added +10.6k |
| Alberta Investment Management Corp 0.08% of their portfolio | 241.1k $13.0m | New |
| Woodline Partners LP 0.05% of their portfolio | 238.9k $12.9m | Reduced -315.3k |