United States Lime & Minerals, Inc.

USLM • NASDAQ

United States Lime & Minerals, Inc. is a construction materials company in the basic materials sector on NASDAQ, led by Timothy W. Byrne, with a market cap of $3.7B. As of Q3 2025, 30% of shares are held by 219 institutional investors, with BlackRock, Inc. as the largest holder at 3.47%.

President and Chief Executive OfficerTimothy W. Byrne

Market Cap$3.7B

Construction Materials

Basic Materials

Employees333.0

Websiteuslm.com

Country

United States of America

Overview

Overview of institutional ownership in USLM as of Q3 2025 with a market cap of $3.8B

All Institutions

Institutions: 219
Value Held: $1.1B
Shares Held: 8.6M
Avg Position: $5.2M
Median Position: $504.8K

Hedge Funds

Hedge Funds: 26
Value Held: $223.5M
Shares Held: 1.7M
Avg Position: $8.6M
Median Position: $859.7K

Ownership Breakdown

Institutional (non-HF)

24.11%

$908.5M

Hedge Funds

5.93%

$223.5M

Retail & Other

69.95%

$2.6B

Based on market cap of $3.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in USLM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$130.7M 0.00% of portfolio	3.47% 993.2K shares	Q1 2016 Held for 9y 8m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$114.2M 0.00% of portfolio	3.03% 868.2K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$100.8M 0.02% of portfolio	2.68% 766.3K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$89.8M 0.12% of portfolio	2.38% 682.7K shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	George Stabler Loening Chairman	$55.1M 0.23% of portfolio	1.46% 418.7K shares	Q3 2024 Held for 1y 2m	$24.4B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$45.0M 0.00% of portfolio	1.20% 342.4K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	Brent Walker Gledhill CEO	$43.8M 0.11% of portfolio	1.16% 333.1K shares	Q2 2024 Held for 1y 5m	$38.7B
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$41.5M 0.03% of portfolio	1.10% 315.3K shares	Q3 2025 Held for 2 months	$161.58B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$38.9M 0.01% of portfolio	1.03% 295.5K shares	Q1 2021 Held for 4y 8m	$691.34B
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	-	$32.1M 0.05% of portfolio	0.85% 244.1K shares	Q2 2024 Held for 1y 5m	$61.8B

Net Capital Flow

Institutional buying and selling activity for USLM in Q3 2025

Traded: +$58.5M
Buyers: 123
Sellers: 86
Total Bought: +$172.1M
Total Sold: −$113.6M
Avg Position: $4.7M

Biggest Buyers

Institution	Net Bought	Current Position
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$41.5M +315.3K shares	$41.5M 315.3K shares
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy	+$26.7M +203.0K shares	$26.7M 203.0K shares
Copeland Capital Management, LLC Long Only Manager	+$19.9M +151.4K shares	$19.9M 151.4K shares
Invesco Ltd. ETF Provider	+$11.4M +86.6K shares	$20.4M 155.2K shares
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	+$8.2M +62.5K shares	$55.1M 418.7K shares
SEGALL BRYANT & HAMILL Long Only Manager	+$7.9M +60.3K shares	$7.9M 60.3K shares
VANGUARD GROUP INC Institution	+$5.1M +38.8K shares	$114.2M 868.2K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	+$4.7M +36.1K shares	$15.6M 118.2K shares
Vident Advisory, LLC ETF Provider	+$2.8M +21.3K shares	$2.8M 21.3K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$2.8M +21.2K shares	$2.8M 21.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$13.8M −105.1K shares	$6.8M 51.8K shares
MORGAN STANLEY RIA/Wealth	−$12.2M −92.4K shares	$8.3M 63.3K shares
R ROYCE & ASSOCIATES LLC Institution	−$7.2M −54.7K shares	$7.3M 55.4K shares
B BlackRock, Inc. Institution	−$6.5M −49.3K shares	$130.7M 993.2K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$5.4M −41.3K shares	$3.3M 25.0K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$5.0M −37.8K shares	$100.8M 766.3K shares
Q Qube Research & Technologies Ltd Institution	−$4.9M −37.3K shares	$12.8M 97.1K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	−$4.8M −36.6K shares	$4.9M 37.5K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$4.4M −33.2K shares	$89.8M 682.7K shares
C Cubist Systematic Strategies, LLC Institution	−$3.3M −33.1K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 39
New Value: $111.6M
Exited Positions: 21
Exited Value: $11.1M

New Positions

Institution	Position Value
T T. Rowe Price Investment Management, Inc. Insurance Manager	$41.5M 315.3K shares
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy	$26.7M 203.0K shares
Copeland Capital Management, LLC Long Only Manager	$19.9M 151.4K shares
SEGALL BRYANT & HAMILL Long Only Manager	$7.9M 60.3K shares
Vident Advisory, LLC ETF Provider	$2.8M 21.3K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	$2.8M 21.2K shares
C Cadent Capital Advisors, LLC RIA/Wealth	$1.8M 13.9K shares
T TD ASSET MANAGEMENT INC Institution	$1.4M 10.9K shares
Round Rock Advisors, LLC RIA/Wealth	$867.5K 6.4K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$811.5K 6.2K shares

Exited Positions

Institution	Previous Position
C Cubist Systematic Strategies, LLC Institution	$3.3M 33.1K shares
Trexquant Investment LP Hedge Fund•Quant	$2.7M 27.4K shares
Y Y-Intercept Ltd Institution	$1.1M 10.7K shares
X XTX Topco Ltd Institution	$889.6K 8.9K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	$539.3K 5.4K shares
E EntryPoint Capital, LLC Hedge Fund•Long/Short	$537.8K 5.4K shares
NAVELLIER & ASSOCIATES INC RIA/Wealth	$463.5K 4.6K shares
Voleon Capital Management LP Hedge Fund•Quant	$401.2K 4.0K shares
Semanteon Capital Management, LP Hedge Fund•Long/Short	$371.4K 3.7K shares
A AXA Institution	$231.4K 2.3K shares

Options Activity

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

Call Positions: 2
Call Value: $1.0M
Put Positions: 2
Put Value: $605.1K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$592.0K 45.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$421.0K 32.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$315.7K 24.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$289.4K 22.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Cannon Global Investment Management, LLC Hedge Fund•Quant	Thomas Nmn Morphet CEO	0.83% $328.9K	0.01% 2.5K shares	Q2 2025 Held for 5 months	$39.5M
Cardinal Capital Management RIA/Wealth	Kathleen A. Warren President	0.81% $5.9M	0.16% 44.5K shares	Q4 2013 Held for 11y 11m	$723.4M
Y Yorktown Management & Research Co Inc Institution	-	0.65% $818.9K	0.02% 6.2K shares	Q2 2024 Held for 1y 5m	$125.4M
Linden Thomas Advisory Services, LLC RIA/Wealth	Patti Sue Almanza CCO	0.54% $5.3M	0.14% 40.6K shares	Q2 2023 Held for 2y 5m	$988.2M
M Minerva Advisors LLC Hedge Fund•Value	David Peter Cohen President	0.52% $822.2K	0.02% 6.3K shares	≤ Q2 2013 Held for 12y 5m+	$157.5M
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy	David John Corkins Managing Partner	0.50% $26.7M	0.71% 203.0K shares	Q3 2025 Held for 2 months	$5.4B
C Cadent Capital Advisors, LLC RIA/Wealth	Philip Andrew Mooberry Managing Partner	0.48% $1.8M	0.05% 13.9K shares	Q3 2025 Held for 2 months	$377.4M
A AM INVESTMENT STRATEGIES LLC RIA/Wealth	Aon Douglas Miller Managing Partner	0.44% $2.0M	0.05% 15.0K shares	Q2 2023 Held for 2y 5m	$447.6M
Copeland Capital Management, LLC Long Only Manager	Eric Copeland Brown CEO	0.42% $19.9M	0.53% 151.4K shares	Q3 2025 Held for 2 months	$4.8B
North Star Investment Management Corp. RIA/Wealth	Peter David Gottlieb President	0.40% $6.2M	0.16% 47.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.6B

Hedge Fund Spotlight

Discover hedge funds investing in USLM

ARROWSTREET CAPITAL LIMITED PARTNERSHIP

Hedge Fund • Quant

Portfolio ManagerAnthony Ryan

Portfolio Value: $158.92B
Positions: 1,827
Last Reported: Q3 2025

Sector Allocation

Position in United States Lime & Minerals, Inc.

Market Value: $2.5M
Shares Held: 18.6K
Portfolio Weight: 0.00%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 Apple AAPL	Consumer Electronics Technology	$7.2B	4.51%
2 Microsoft MSFT	Software - Infrastructure Technology	$6.5B	4.11%
3 Nvidia NVDA	Semiconductors Technology	$4.8B	3.02%