Eagle Materials

EXP • NYSE

Eagle Materials is a construction materials company in the basic materials sector on NYSE, led by Michael Haack, with a market cap of $7.3B. As of Q3 2025, 99% of shares are held by 476 institutional investors, with FMR LLC as the largest holder at 10.31%.

President and Chief Executive Officer of Eagle MaterialsMichael Haack

Market Cap$7.3B

Construction Materials

Basic Materials

Employees2.5K

Websiteeaglematerials.com

Country

United States of America

Overview

Overview of institutional ownership in EXP as of Q3 2025 with a market cap of $7.6B

All Institutions

Institutions: 476
Value Held: $7.5B
Shares Held: 32.1M
Avg Position: $15.7M
Median Position: $856.0K

Hedge Funds

Hedge Funds: 42
Value Held: $452.7M
Shares Held: 1.9M
Avg Position: $10.8M
Median Position: $1.9M

Ownership Breakdown

Institutional (non-HF)

92.87%

$7.0B

Hedge Funds

5.99%

$452.7M

Retail & Other

1.14%

$86.2M

Based on market cap of $7.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in EXP as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FMR LLC Institution	-	$779.6M 0.04% of portfolio	10.31% 3.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$724.4M 0.01% of portfolio	9.58% 3.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$711.1M 0.01% of portfolio	9.40% 3.1M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$435.6M 0.03% of portfolio	5.76% 1.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$231.4M 0.01% of portfolio	3.06% 991.8K shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	William Allen Teichner Managing Partner	$219.9M 1.98% of portfolio	2.91% 943.7K shares	≤ Q2 2013 Held for 12y 5m+	$11.1B
BAUPOST GROUP LLC/MA Hedge Fund•Value	Seth Andrew Klarman CEO	$219.0M 4.84% of portfolio	2.90% 939.7K shares	Q1 2024 Held for 1y 8m	$4.5B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$175.4M 0.01% of portfolio	2.32% 752.6K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
N Neuberger Berman Group LLC Institution	-	$158.5M 0.12% of portfolio	2.10% 680.0K shares	≤ Q2 2013 Held for 12y 5m+	$136.94B
Allspring Global Investments Holdings, LLC Long Only Manager	Francis Jon Baranko President	$153.6M 0.25% of portfolio	2.05% 664.8K shares	Q4 2021 Held for 3y 11m	$61.5B

Net Capital Flow

Institutional buying and selling activity for EXP in Q3 2025

Traded: +$52.3M
Buyers: 228
Sellers: 226
Total Bought: +$644.8M
Total Sold: −$592.6M
Avg Position: $14.3M

Biggest Buyers

Institution	Net Bought	Current Position
WESTWOOD HOLDINGS GROUP INC Institution	+$68.7M +294.9K shares	$93.5M 401.2K shares
BAUPOST GROUP LLC/MA Hedge Fund•Value	+$61.4M +263.4K shares	$219.0M 939.7K shares
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	+$51.8M +222.3K shares	$51.8M 222.3K shares
B BROWN ADVISORY INC RIA/Wealth	+$51.0M +218.7K shares	$108.2M 464.5K shares
Bank of New York Mellon Corp Institution	+$44.2M +189.7K shares	$116.6M 500.5K shares
Cartenna Capital, LP Hedge Fund•Long/Short	+$29.5M +126.5K shares	$29.5M 126.5K shares
UBS Group AG Institution	+$28.4M +122.0K shares	$37.7M 162.0K shares
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	+$26.4M +113.4K shares	$219.9M 943.7K shares
ACK Asset Management LLC Hedge Fund•Long/Short	+$21.0M +90.0K shares	$21.0M 90.0K shares
H Handelsbanken Fonder AB Institution	+$18.6M +80.0K shares	$62.4M 267.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	−$53.2M −228.3K shares	$133.4M 572.2K shares
T TD ASSET MANAGEMENT INC Institution	−$41.8M −179.4K shares	$94.9M 407.4K shares
CAPTRUST FINANCIAL ADVISORS RIA/Wealth	−$37.8M −162.4K shares	$8.9M 38.2K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$37.7M −161.6K shares	$17.0M 73.1K shares
JPMORGAN CHASE & CO Institution	−$37.3M −160.0K shares	$435.6M 1.9M shares
N Neuberger Berman Group LLC Institution	−$32.2M −138.2K shares	$158.5M 680.0K shares
VANGUARD GROUP INC Institution	−$30.0M −128.7K shares	$724.4M 3.1M shares
Epoch Investment Partners, Inc. Long Only Manager	−$24.7M −105.8K shares	$97.6M 419.0K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$21.1M −90.5K shares	$4.9M 20.9K shares
L L1 Capital International Pty Ltd Institution	−$19.1M −84.8K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited EXP in Q3 2025

New Positions: 26
New Value: $38.4M
Exited Positions: 48
Exited Value: $58.7M

New Positions

Institution	Position Value
Cartenna Capital, LP Hedge Fund•Long/Short	$29.5M 126.5K shares
H HARBER ASSET MANAGEMENT LLC Institution	$4.4M 18.8K shares
O OSSIAM Institution	$2.3M 9.9K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$632.0K 2.7K shares
N Northwest & Ethical Investments L.P. Institution	$438.1K 1.9K shares
Morningstar Investment Management LLC Long Only Manager	$426.0K 1.8K shares
Outlook Wealth Advisors, LLC RIA/Wealth	$292.2K 1.3K shares
Icon Wealth Advisors, LLC RIA/Wealth	$103.7K 445.0 shares
Union Bankshares Corp Institution	$93.2K 400.0 shares
Sontag Advisory, LLC RIA/Wealth	$62.9K 270.0 shares

Exited Positions

Institution	Previous Position
L L1 Capital International Pty Ltd Institution	$19.1M 84.8K shares
G GUARDIAN POINT CAPITAL, LP Hedge Fund•Long/Short	$8.1M 40.0K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$4.6M 22.6K shares
Y Y-Intercept Ltd Institution	$3.0M 14.7K shares
Q Qube Research & Technologies Ltd Institution	$2.8M 14.0K shares
J Jump Financial, LLC Institution	$2.5M 12.5K shares
X XTX Topco Ltd Institution	$2.2M 11.0K shares
C CAXTON ASSOCIATES LLP Institution	$2.0M 9.9K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$1.7M 8.2K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$1.6M 7.7K shares

Options Activity

Institutions with the largest Call and Put options positions in EXP as of Q3 2025

Call Positions: 10
Call Value: $15.9M
Put Positions: 10
Put Value: $14.3M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.0M 302.0 contracts
P PEAK6 LLC Institution	$2.3M 99.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.1M 91.0 contracts
C Cubist Systematic Strategies, LLC Institution	$1.7M 75.0 contracts
J JANE STREET GROUP, LLC Institution	$1.2M 52.0 contracts
UBS Group AG Institution	$699.1K 30.0 contracts
W WOLVERINE TRADING, LLC Institution	$652.4K 28.0 contracts
Walleye Trading LLC RIA/Wealth	$93.2K 4.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$46.6K 2.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.0M 216.0 contracts
Walleye Trading LLC RIA/Wealth	$2.8M 121.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.7M 116.0 contracts
C Cubist Systematic Strategies, LLC Institution	$2.0M 86.0 contracts
J JANE STREET GROUP, LLC Institution	$1.0M 45.0 contracts
W WOLVERINE TRADING, LLC Institution	$396.1K 17.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$279.6K 12.0 contracts
UBS Group AG Institution	- - contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	- - contracts
D D. E. Shaw & Co., Inc. Institution	- - contracts

Most Committed Institutions

Institutions with EXP as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
BAUPOST GROUP LLC/MA Hedge Fund•Value	Seth Andrew Klarman CEO	4.84% $219.0M	2.90% 939.7K shares	Q1 2024 Held for 1y 8m	$4.5B
B Bretton Capital Management, LLC Institution	Stephen Jerome Dodson Managing Partner	4.54% $5.4M	0.07% 23.1K shares	Q3 2024 Held for 1y 2m	$118.6M
H Harbor Island Capital LLC RIA/Wealth	Paul David Fortin Owner	4.28% $10.0M	0.13% 42.9K shares	Q4 2017 Held for 7y 11m	$233.7M
B Bastion Asset Management Inc. Institution	-	3.71% $6.4M	0.09% 27.6K shares	Q2 2025 Held for 5 months	$173.7M
WEYBOSSET RESEARCH & MANAGEMENT LLC RIA/Wealth	Jeannine Marie Bizier COO	2.90% $9.0M	0.12% 38.5K shares	Q3 2024 Held for 1y 2m	$309.8M
M Meixler Investment Management, Ltd. RIA/Wealth	Michael Charles Meixler CCO	2.87% $4.7M	0.06% 20.1K shares	Q1 2024 Held for 1y 8m	$163.0M
ACK Asset Management LLC Hedge Fund•Long/Short	John Henry Reilly Managing Partner	2.50% $21.0M	0.28% 90.0K shares	Q3 2025 Held for 2 months	$839.5M
Ballast Asset Management, LP Long Only Manager	Ragen R Stienke Managing Partner	2.36% $5.2M	0.07% 22.2K shares	Q3 2023 Held for 2y 2m	$219.1M
Hodges Capital Management Inc. Long Only Manager	Craig Donaldson Hodges CEO	2.35% $27.3M	0.36% 117.0K shares	Q3 2013 Held for 12y 2m	$1.2B
Hi-Line Capital Management, LLC RIA/Wealth	Matthew Thomas Roby President	2.27% $7.2M	0.09% 30.8K shares	Q1 2025 Held for 8 months	$316.8M

Hedge Fund Spotlight

Discover hedge funds investing in EXP

Concentric Capital Strategies, LP

Hedge Fund • Long/Short

Portfolio ManagerSeth Adam Turkeltaub

Portfolio Value: $2.1B
Positions: 282
Last Reported: Q3 2025

Sector Allocation

Position in Eagle Materials

Market Value: $7.8M
Shares Held: 33.7K
Portfolio Weight: 0.37%
Owned Since: 2025-Q2

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