Vault-13

PERIMETER SOLUTIONS SA 99001EUR

COMMON STOCK · Common Stock · CUSIP L7579L106

149 institutional holders +5 vs Q3 2023
140,596,732140.6m shares reported held*
$646.7mreported value*
30 new 58 added 36 reduced 27 sold out net bought ≈ $1.7m (+375.3k shares)

* 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 ($2.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.60. Options: 3 managers hold calls ($71.2k notional), 2 hold puts ($13.3k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 120Q4 22: 128Q1 23: 131Q2 23: 145Q3 23: 144Q4 23: 149149Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022120
Q4 2022128
Q1 2023131
Q2 2023145
Q3 2023144
Q4 2023149

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 67 bought or addedQ4 22: 59 cut or sold outQ4 22Q1 23: 63 bought or addedQ1 23: 58 cut or sold outQ1 23Q2 23: 95 bought or addedQ2 23: 44 cut or sold outQ2 23Q3 23: 81 bought or addedQ3 23: 67 cut or sold outQ3 23Q4 23: 88 bought or addedQ4 23: 63 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226759
Q1 20236358
Q2 20239544
Q3 20238167
Q4 20238863

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ1 23 calls: $92.9kQ1 23 puts: $7.8kQ1 23P/C 0.08Q2 23 calls: $625.5kQ2 23 puts: $6.2kQ2 23P/C 0.01Q3 23 calls: $16.5kQ3 23 puts: $15.9kQ3 23P/C 0.96Q4 23 calls: $71.2kQ4 23 puts: $13.3kQ4 23P/C 0.19
Numbers
QuarterCallsPutsP/C
Q1 2023$92.9k$7.8k0.08
Q2 2023$625.5k$6.2k0.01
Q3 2023$16.5k$15.9k0.96
Q4 2023$71.2k$13.3k0.19

Biggest buyers

JPMORGAN CHASE & CO Added +8,903,658+8.9m
MORGAN STANLEY Added +2,795,649+2.8m
BlackRock Inc. Added +769,315+769.3k
Pennant Investors, LP Added +700,000+700.0k
CITIGROUP INC Added +622,665+622.7k
DIMENSIONAL FUND ADVISORS LP Added +487,405+487.4k
EQUITABLE TRUST CO Added +399,409+399.4k
CenterBook Partners LP Added +289,348+289.3k
TUDOR INVESTMENT CORP ET AL Added +254,377+254.4k
STATE STREET CORP Added +243,432+243.4k

Biggest sellers

Select Equity Group, L.P. Sold out -9,007,862-9.0m
Slate Path Capital LP Reduced -2,816,000-2.8m
AMERICAN CENTURY COMPANIES INC Sold out -1,146,820-1.1m
BROWN BROTHERS HARRIMAN & CO Reduced -879,738-879.7k
BESSEMER GROUP INC Reduced -536,745-536.7k
Aperture Investors, LLC Sold out -399,579-399.6k
FIRST TRUST ADVISORS LP Sold out -362,731-362.7k
Stanley Capital Management, LLC Reduced -300,000-300.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -246,541-246.5k
BANK OF AMERICA CORP /DE/ Reduced -191,541-191.5k

Biggest calls

CITADEL ADVISORS LLC Added $61.2k13.3k shares
SIMPLEX TRADING, LLC Reduced $10.0k2.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $13.3k2.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WINDACRE PARTNERSHIP LLC 1.51% of their portfolio HOUSTON, TX 21,600,00021.6m $99.4m $99.4m 1.51% Unchanged
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,220,41817.2m $79.2m $79.2m 0.00% Added +8.9m +8,903,658
3 BlackRock Inc. 0.00% of their portfolio New York, NY 11,606,56411.6m $53.4m $53.4m 0.00% Added +769.3k +769,315
4 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 10,518,96610.5m $48.4m $48.4m 0.03% Reduced -135.9k -135,854
5 Meritage Group LP 0.85% of their portfolio SAN FRANCISCO, CA 8,000,0008.0m $36.8m $36.8m 0.85% Unchanged
6 Matrix Capital Management Company, LP 0.35% of their portfolio Portsmouth, NH 7,462,5007.5m $34.3m $34.3m 0.35% Unchanged
7 BROWN BROTHERS HARRIMAN & CO 0.22% of their portfolio NEW YORK, NY 5,706,5635.7m $26.3m $26.3m 0.22% Reduced -879.7k -879,738
8 Ensemble Capital Management, LLC 1.57% of their portfolio San Francisco, CA 3,844,2063.8m $17.7m $17.7m 1.57% Added +62.9k +62,908
9 WEITZ INVESTMENT MANAGEMENT, INC. 0.88% of their portfolio Omaha, NE 3,635,0003.6m $16.7m $16.7m 0.88% Unchanged
10 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,573,9523.6m $16.4m $16.4m 0.00% Added +103.5k +103,508
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,317,7063.3m $15.3m $15.3m 0.00% Added +243.4k +243,432
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,205,3343.2m $14.7m $14.7m 0.00% Added +2.8m +2,795,649
13 Petrus Trust Company, LTA 1.40% of their portfolio Dallas, TX 3,198,9013.2m $14.7m $14.7m 1.40% Reduced -100.0k -100,000
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,178,7053.2m $14.6m $14.6m 0.00% Added +103.2k +103,197
15 Slate Path Capital LP 0.31% of their portfolio New York, NY 3,024,0003.0m $13.9m $13.9m 0.31% Reduced -2.8m -2,816,000
16 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 2,722,7492.7m $12.5m $12.5m 0.01% Added +9.5k +9,489
17 Pennant Investors, LP 3.25% of their portfolio Summit, NJ 2,300,0002.3m $10.6m $10.6m 3.25% Added +700.0k +700,000
18 Senator Investment Group LP 0.39% of their portfolio New York, NY 2,000,0002.0m $9.2m $9.2m 0.39% Unchanged
19 PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio PASADENA, CA 1,928,3511.9m $8.9m $8.9m 0.01% Reduced -49.3k -49,300
20 EQUITABLE TRUST CO 0.66% of their portfolio NASHVILLE, TN 1,917,2111.9m $8.8m $8.8m 0.66% Added +399.4k +399,409
21 Repertoire Partners LP 17.96% of their portfolio NEW YORK, NY 1,575,0001.6m $7.2m $7.2m 17.96% Added +103.2k +103,226
22 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,551,4891.6m $7.1m $7.1m 0.00% Added +97.4k +97,372
23 East Coast Asset Management, LLC. 2.78% of their portfolio ESSEX, MA 1,480,2001.5m $6.8m $6.8m 2.78% Reduced -126.2k -126,234
24 DF DENT & CO INC 0.09% of their portfolio BALTIMORE, MD 1,445,0891.4m $6.6m $6.6m 0.09% Reduced -80.0k -80,007
25 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,392,6631.4m $6.4m $6.4m 0.00% Reduced -31.7k -31,660
26 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,141,6551.1m $5.3m $5.3m 0.00% Reduced -9.4k -9,378
27 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 783,580783.6k $3.6m $3.6m 0.00% Reduced -191.5k -191,541
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 624,254624.3k $2.9m $2.9m 0.00% Added +622.7k +622,665
29 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 588,076588.1k $2.7m $2.7m 0.00% Added +487.4k +487,405
30 Pennant Select, LLC 2.51% of their portfolio Summit, NJ 575,000575.0k $2.6m $2.6m 2.51% First filing
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 521,728521.7k $2.4m $2.4m 0.00% Reduced -17.4k -17,402
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 431,860431.9k $2.0m $2.0m 0.00% Added +136.8k +136,831
33 CenterBook Partners LP 0.22% of their portfolio GREENWICH, CT 393,127393.1k $1.8m $1.8m 0.22% Added +289.3k +289,348
34 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 386,229386.2k $1.8m $1.8m 0.00% Added +12.4k +12,437
35 Stanley Capital Management, LLC 0.40% of their portfolio HOUSTON, TX 349,000349.0k $1.6m $1.6m 0.40% Reduced -300.0k -300,000
36 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 348,805348.8k $1.6m $1.6m 0.00% Added +33.5k +33,471
37 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 332,563332.6k $1.5m $1.5m 0.02% Added +254.4k +254,377
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 326,447326.4k $1.5m $1.5m 0.00% Reduced -55.5k -55,454
39 Swiss National Bank 0.00% of their portfolio ZURICH, V8 289,300289.3k $1.3m $1.3m 0.00% Reduced -38.6k -38,600
40 ALGERT GLOBAL LLC 0.05% of their portfolio SAN FRANCISCO, CA 285,700285.7k $1.3m $1.3m 0.05% Added +240.3k +240,310
41 Yaupon Capital Management LP 0.13% of their portfolio NEW YORK, NY 254,262254.3k $1.2m $1.2m 0.13% Unchanged
42 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 238,728238.7k $1.1m $1.1m 0.00% Added +184.3k +184,303
43 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 230,795230.8k $1.1m $1.1m 0.00% Reduced -1.5k -1,466
44 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 225,089225.1k $1.0m $1.0m 0.00% Added +2.1k +2,077
45 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 209,000209.0k $961.0k $961.0k 0.00% Reduced -246.5k -246,541
46 ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio Chicago, IL 194,498194.5k $894.7k $894.7k 0.01% Added +180.2k +180,215
47 PDT Partners, LLC 0.09% of their portfolio New York, NY 178,267178.3k $820.0k $820.0k 0.09% Added +27.4k +27,393
48 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 169,365169.4k $779.1k $779.1k 0.00% Added +15.7k +15,689
49 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 160,175160.2k $736.8k $736.8k 0.00% Added +9.2k +9,209
50 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 155,886155.9k $717.1k $717.1k 0.00% Reduced -10.1k -10,085
51 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 153,617153.6k $706.6k $706.6k 0.00% Added +10.3k +10,253
52 Legal & General Group Plc 0.00% of their portfolio London, X0 148,787148.8k $684.4k $684.4k 0.00% Reduced -512 -512
53 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 147,770147.8k $679.7k $679.7k 0.00% Reduced -5.5k -5,502
54 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 136,073136.1k $625.9k $625.9k 0.00% Reduced -325 -325
55 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 125,328125.3k $576.5k $576.5k 0.00% Added +311 +311
56 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 125,200125.2k $575.9k $575.9k 0.00% Unchanged
57 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 123,960124.0k $570.2k $570.2k 0.00% Reduced -188.7k -188,729
58 GSA CAPITAL PARTNERS LLP 0.05% of their portfolio LONDON, X0 123,091123.1k $566.0k $566.0k 0.05% Added +86.0k +86,030
59 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 121,221121.2k $557.6k $557.6k 0.00% Added +52.8k +52,759
60 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 120,903120.9k $556.2k $556.2k 0.00% Added +87.6k +87,649
61 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 116,504116.5k $535.9k $535.9k 0.00% Added +34.4k +34,403
62 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 114,376114.4k $526.1k $526.1k 0.00% New
63 Teewinot Capital Advisers, L.L.C. 0.07% of their portfolio Norwalk, CT 102,640102.6k $472.1k $472.1k 0.07% Reduced -118.4k -118,423
64 Templeton & Phillips Capital Management, LLC 0.48% of their portfolio LOOKOUT MOUNTAIN, TN 102,235102.2k $470.3k $470.3k 0.48% New
65 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 83,63583.6k $384.7k $384.7k 0.00% New
66 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 78,55278.6k $362.0k $362.0k 0.00% Added +34.7k +34,677
67 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 76,34076.3k $351.2k $351.2k 0.00% Reduced -1.8k -1,803
68 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 75,89975.9k $349.1k $349.1k 0.00% Reduced -1.5k -1,546
69 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 75,56275.6k $347.6k $347.6k 0.00% Reduced -103.8k -103,755
70 Evercore Wealth Management, LLC 0.01% of their portfolio New York, NY 75,00075.0k $345.0k $345.0k 0.01% New
71 Mariner, LLC 0.00% of their portfolio Overland Park, KS 72,56572.6k $333.8k $333.8k 0.00% Added +47.4k +47,397
72 UBS Group AG 0.00% of their portfolio ZURICH, V8 70,68370.7k $325.1k $325.1k 0.00% Added +70.2k +70,209
73 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 64,20064.2k $295.3k $295.3k 0.00% Added +1.1k +1,105
74 Aristides Capital LLC 0.14% of their portfolio LOUISVILLE, KY 60,84860.8k $279.9k $279.9k 0.14% New
75 Dynamic Technology Lab Private Ltd 0.03% of their portfolio SINGAPORE, U0 58,64558.6k $270.0k $270.0k 0.03% Added +2.5k +2,462
76 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 57,82057.8k $265.0k $265.0k 0.00% Added +11.9k +11,911
77 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 57,50457.5k $264.5k $264.5k 0.00% Reduced -1.8k -1,753
78 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 50,94350.9k $234.3k $234.3k 0.00% Reduced -3.0k -2,951
79 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 50,76250.8k $233.5k $233.5k 0.00% Added +5.8k +5,802
80 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 49,80449.8k $229.1k $229.1k 0.00% Added +36.9k +36,873
81 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 48,34548.3k $222.4k $222.4k 0.00% Added +434 +434
82 MAVERICK CAPITAL LTD 0.00% of their portfolio DALLAS, TX 47,93547.9k $220.5k $220.5k 0.00% Added +21.9k +21,872
83 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 44,67044.7k $205.5k $205.5k 0.00% Unchanged
84 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 41,42141.4k $190.5k $190.5k 0.00% Reduced -9.0k -9,042
85 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 41,03641.0k $188.8k $188.8k 0.00% Reduced -1.4k -1,441
86 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 39,71739.7k $182.7k $182.7k 0.00% Reduced -10.6k -10,641
87 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 39,24339.2k $180.5k $180.5k 0.00% Reduced -30.3k -30,308
88 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 37,73837.7k $174.0k $174.0k 0.00% Added +2.8k +2,815
89 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 37,46437.5k $172.3k $172.3k 0.00% New
90 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 32,17032.2k $148.0k $148.0k 0.00% New
91 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 28,66828.7k $131.9k $131.9k 0.00% Unchanged
92 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 28,35428.4k $130.4k $130.4k 0.00% Reduced -9.3k -9,317
93 Nebula Research & Development LLC 0.04% of their portfolio New York, NY 27,99328.0k $128.8k $128.8k 0.04% New
94 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 25,27525.3k $116.3k $116.3k 0.00% Added +5.1k +5,117
95 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 25,04025.0k $115.0k $115.0k 0.00% New
96 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 25,01825.0k $115.1k $115.1k 0.00% New
97 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.02% of their portfolio ST. LOUIS, MO 24,34424.3k $112.0k $112.0k 0.02% Unchanged
98 Aprio Wealth Management, LLC 0.02% of their portfolio ATLANTA, GA 21,45021.4k $98.7k $98.7k 0.02% Added +6.1k +6,098
99 Gitterman Wealth Management, LLC 0.04% of their portfolio Edison, NJ 20,16720.2k $92.8k $92.8k 0.04% Added +2.1k +2,057
100 Quinn Opportunity Partners LLC 0.01% of their portfolio CHARLOTTESVILLE, VA 20,00020.0k $92.0k $92.0k 0.01% New