Limbach Holdings, Inc.

LMB • NASDAQ

Limbach Holdings, Inc. is a engineering & construction company in the industrials sector on NASDAQ, led by Michael M. McCann, with a market cap of $883.1M. As of Q3 2025, 88% of shares are held by 198 institutional investors, with BlackRock, Inc. as the largest holder at 8.44%.

President and Chief Executive OfficerMichael M. McCann

Market Cap$883.1M

Engineering & Construction

Industrials

Employees1.4K

Websitelimbachinc.com

Country

United States of America

Overview

Overview of institutional ownership in LMB as of Q3 2025 with a market cap of $1.1B

All Institutions

Institutions: 198
Value Held: $990.0M
Shares Held: 10.2M
Avg Position: $5.0M
Median Position: $521.8K

Hedge Funds

Hedge Funds: 19
Value Held: $73.7M
Shares Held: 759.3K
Avg Position: $3.9M
Median Position: $1.1M

Ownership Breakdown

Institutional (non-HF)

81.14%

$916.3M

Hedge Funds

6.53%

$73.7M

Retail & Other

12.33%

$139.2M

Based on market cap of $1.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LMB as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$95.3M 0.00% of portfolio	8.44% 980.8K shares	Q2 2017 Held for 8y 5m	$5.67T
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	Teresa Joy Rasmussen CEO	$71.4M 0.15% of portfolio	6.32% 735.1K shares	Q2 2024 Held for 1y 5m	$48.0B
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$70.3M 0.38% of portfolio	6.22% 723.6K shares	Q2 2024 Held for 1y 5m	$18.6B
C Capital International Investors Institution	-	$62.7M 0.01% of portfolio	5.55% 645.3K shares	Q1 2025 Held for 8 months	$615.90B
FMR LLC Institution	-	$61.5M 0.00% of portfolio	5.44% 632.8K shares	Q3 2023 Held for 2y 2m	$1.92T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$60.8M 0.00% of portfolio	5.38% 626.0K shares	Q4 2017 Held for 7y 11m	$6.69T
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$31.6M 0.02% of portfolio	2.80% 325.1K shares	Q3 2023 Held for 2y 2m	$134.11B
CORSAIR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	Jeffrey Archer Zelin COO	$30.2M 5.37% of portfolio	2.68% 311.3K shares	Q1 2024 Held for 1y 8m	$563.1M
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$29.7M 0.02% of portfolio	2.63% 305.6K shares	Q2 2025 Held for 5 months	$161.58B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$27.2M 0.01% of portfolio	2.41% 279.9K shares	Q3 2017 Held for 8y 2m	$466.32B

Net Capital Flow

Institutional buying and selling activity for LMB in Q3 2025

Traded: +$30.2M
Buyers: 95
Sellers: 115
Total Bought: +$196.1M
Total Sold: −$165.9M
Avg Position: $4.1M

Biggest Buyers

Institution	Net Bought	Current Position
FMR LLC Institution	+$58.8M +605.4K shares	$61.5M 632.8K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	+$55.7M +573.1K shares	$71.4M 735.1K shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$22.8M +235.1K shares	$29.7M 305.6K shares
Clearbridge Investments, LLC Long Only Manager	+$8.3M +85.2K shares	$13.2M 135.6K shares
WASATCH ADVISORS INC Long Only Manager	+$8.2M +84.7K shares	$70.3M 723.6K shares
B BlackRock, Inc. Institution	+$6.4M +66.1K shares	$95.3M 980.8K shares
C Capital International Investors Institution	+$6.1M +62.5K shares	$62.7M 645.3K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$4.4M +45.3K shares	$4.4M 45.3K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$3.3M +34.4K shares	$3.9M 40.2K shares
Q Qube Research & Technologies Ltd Institution	+$2.7M +28.2K shares	$2.9M 29.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	−$21.6M −153.9K shares	Sold Off 0 shares
NEUMEIER POMA INVESTMENT COUNSEL LLC Long Only Manager	−$15.7M −162.1K shares	$12.3M 126.6K shares
Invesco Ltd. ETF Provider	−$13.8M −142.0K shares	$25.1M 258.6K shares
FIRST TRUST ADVISORS LP ETF Provider	−$8.4M −86.0K shares	$31.6M 325.1K shares
R ROYCE & ASSOCIATES LLC Institution	−$7.8M −79.8K shares	$17.7M 182.7K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$7.3M −75.0K shares	$19.0M 196.0K shares
P potrero capital research llc Hedge Fund•Long/Short	−$6.5M −46.3K shares	Sold Off 0 shares
R Russell Investments Group, Ltd. RIA/Wealth	−$5.9M −60.3K shares	$3.2M 33.4K shares
GLOBEFLEX CAPITAL L P Long Only Manager	−$5.8M −41.6K shares	Sold Off 0 shares
EAM Investors, LLC Long Only Manager	−$5.8M −41.1K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 11
New Value: $1.7M
Exited Positions: 44
Exited Value: $71.1M

New Positions

Institution	Position Value
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$1.4M 14.3K shares
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$248.9K 2.6K shares
Caitong International Asset Management Co., Ltd RIA/Wealth	$54.1K 557.0 shares
O Optiver Holding B.V. Institution	$8.4K 86.0 shares
Larson Financial Group LLC RIA/Wealth	$6.2K 64.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$3.1K 32.0 shares
A Advisory Services Network, LLC RIA/Wealth	$2.4K 25.0 shares
WealthCollab, LLC RIA/Wealth	$680.0 7.0 shares
T Turning Point Benefit Group, Inc. Institution	$537.0 6.0 shares
MONTAG A & ASSOCIATES INC RIA/Wealth	$389.0 4.0 shares

Exited Positions

Institution	Previous Position
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$21.6M 153.9K shares
P potrero capital research llc Hedge Fund•Long/Short	$6.5M 46.3K shares
GLOBEFLEX CAPITAL L P Long Only Manager	$5.8M 41.6K shares
EAM Investors, LLC Long Only Manager	$5.8M 41.1K shares
Allspring Global Investments Holdings, LLC Long Only Manager	$5.7M 41.7K shares
EAM Global Investors LLC Long Only Manager	$5.2M 37.3K shares
CASTLEARK MANAGEMENT LLC Long Only Manager	$3.0M 21.1K shares
O OPTIONS SOLUTIONS, LLC Hedge Fund•Sector	$2.2M 15.7K shares
Calamos Advisors LLC Long Only Manager	$2.2M 15.5K shares
Harvest Investment Services, LLC RIA/Wealth	$2.0M 14.2K shares

Options Activity

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

Call Positions: 5
Call Value: $24.1M
Put Positions: 2
Put Value: $1.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$15.0M 1.5K contracts
J JANE STREET GROUP, LLC Institution	$3.6M 375.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.9M 295.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$2.6M 264.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$582.7K 60.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$475.9K 49.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
CORSAIR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	Jeffrey Archer Zelin COO	5.37% $30.2M	2.68% 311.3K shares	Q1 2024 Held for 1y 8m	$563.1M
Makaira Partners LLC Hedge Fund•Value	Thomas Moore Bancroft CIO	2.61% $5.1M	0.45% 52.2K shares	Q2 2025 Held for 5 months	$194.7M
E Expect Equity LLC Institution	-	1.36% $1.4M	0.12% 14.3K shares	Q4 2024 Held for 11 months	$102.4M
NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager	Thomas Leigh Press CEO	1.12% $15.1M	1.34% 155.4K shares	Q4 2024 Held for 11 months	$1.4B
NEUMEIER POMA INVESTMENT COUNSEL LLC Long Only Manager	Brian David Poma CEO	1.01% $12.3M	1.09% 126.6K shares	Q1 2024 Held for 1y 8m	$1.2B
I ISTHMUS PARTNERS, LLC RIA/Wealth	David A Hackworthy CIO	0.75% $3.4M	0.30% 34.6K shares	Q3 2024 Held for 1y 2m	$448.9M
W WITTENBERG INVESTMENT MANAGEMENT, INC. RIA/Wealth	Joel Wittenberg President	0.57% $1.4M	0.13% 14.6K shares	Q3 2018 Held for 7y 2m	$250.3M
Granite Investment Partners, LLC Long Only Manager	Peter Orlando Lopez Managing Partner	0.54% $9.5M	0.84% 97.8K shares	Q1 2025 Held for 8 months	$1.8B
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	0.38% $70.3M	6.22% 723.6K shares	Q2 2024 Held for 1y 5m	$18.6B
N NJ State Employees Deferred Compensation Plan Institution	-	0.35% $3.2M	0.28% 33.0K shares	Q1 2017 Held for 8y 8m	$906.0M