Armstrong World IndustriesAWI

13F holders, Q4 2025 (December 31)
519holders +21
58new positions
51sold out
8famous investors
$191.17avg. 13F price*

At the end of Q4 2025, 519 institutions reported holding Armstrong World Industries (AWI) in their 13F filings, up 21 from Q3 2025. 58 opened new positions and 51 sold out. The largest holders were BlackRock, Inc. ($1.0B), Vanguard Group Inc. ($848.8M) and Capital International Investors ($443.7M). 8 famous investors held it, including Stephen Yacktman (2.0% of Yacktman Asset Management's portfolio), Paul Tudor Jones (0.2% of Tudor Investment Corporation's portfolio) and Cliff Asness (0.1% of AQR Capital Management's portfolio).

Company
Armstrong World Industries
CUSIP
04247X102
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600 Q1 2024: 325Q1 2024Q2 2024: 325Q2 2024Q3 2024: 344Q3 2024Q4 2024: 366Q4 2024Q1 2025: 397Q1 2025Q2 2025: 418Q2 2025Q3 2025: 498Q3 2025Q4 2025: 519Q4 2025Q1 2026: 474Q1 2026Q2 2026: 478Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions58$257.1M
Exits51$66.7M

All 13F filers, Q3 2025 → Q4 2025: 4,625,277 shares bought and 3,321,210 shares sold, net +1,304,067 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 519 holders

BlackRock, Inc. 0.02% Add +0.2% 5,301,132 $1.0B
Vanguard Group Inc. 0.01% Reduce -1.1% 4,441,765 $848.8M
Capital International Investors 0.07% Add +1.0% 2,321,993 $443.7M
London Co. of Virginia 2.06% Reduce -12.6% 1,866,241 $356.6M
State Street Corp. 0.01% Reduce -0.2% 1,372,982 $262.4M
Bank of Montreal 0.10% Add +18679.7% 1,279,086 $244.4M
Kayne Anderson Rudnick Investment Management LLC 0.62% Reduce -6.1% 1,205,018 $230.3M
Geode Capital Management, LLC 0.01% Add +6.5% 1,015,154 $194.0M
Fuller & Thaler Asset Management, Inc. 0.65% Reduce -1.9% 1,005,464 $192.1M
AQR Capital Management 0.10% Add +7.8% 961,185 $183.7M
Neuberger Berman Group LLC 0.13% Reduce -5.4% 942,415 $180.1M
Dimensional Fund Advisors LP 0.03% Reduce -0.3% 858,005 $164.0M
Invesco Ltd. 0.01% Add +6.5% 807,605 $154.3M
Yacktman Asset Management 1.98% Reduce -2.3% 741,742 $141.7M
Alliancebernstein L.P. 0.04% Reduce -30.1% 613,275 $117.2M
Timucuan Asset Management Inc. 3.55% Reduce -2.0% 571,690 $109.2M
Norges Bank 0.01% — 563,661 $107.7M
Citadel Advisors 0.07% Add +53.7% 546,089 $104.4M
Alyeska Investment Group, L.P. 0.29% Add +6.1% 533,324 $101.9M
Charles Schwab Investment Management Inc. 0.02% Reduce -2.5% 522,656 $99.9M
Morgan Stanley 0.01% Add +7.2% 493,726 $94.4M
Van Berkom & Associates Inc. 2.54% Reduce -3.5% 461,533 $88.2M
Allspring Global Investments Holdings, LLC 0.14% New 427,447 $84.1M
Bank of America Corp. 0.01% Reduce -5.0% 435,142 $83.2M
Gates Capital Management, Inc. 2.85% Reduce -10.8% 427,768 $81.7M
SurgoCap Partners LP 1.99% New 376,869 $72.0M
Arrowstreet Capital, Limited Partnership 0.04% Add +7.6% 375,611 $71.8M
Ameriprise Financial Inc. 0.02% Add +2.5% 375,077 $71.7M
Natixis Advisors, LLC 0.09% Add +3.7% 338,210 $64.6M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% Reduce -20.2% 321,569 $61.5M
Bank of New York Mellon Corp 0.01% Reduce -12.1% 293,960 $56.2M
Adage Capital Partners Gp, L.L.C. 0.08% Reduce -13.5% 288,000 $55.0M
Quantinno Capital Management LP 0.11% Add +95.5% 282,132 $53.9M
River Road Asset Management, LLC 0.59% Reduce -12.4% 279,934 $53.5M
Northern Trust Corp. 0.01% Reduce -1.9% 273,842 $52.3M
FMR LLC 0.00% Reduce -15.3% 271,712 $51.9M
Schroder Investment Management Group 0.04% Add +57.0% 261,247 $50.2M
Envestnet Asset Management Inc. 0.01% Reduce -11.5% 259,198 $49.5M
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% Add +62.6% 245,823 $47.0M
Two Sigma Investments, LP 0.07% Add +22.5% 237,906 $45.5M
Deutsche Bank AG 0.01% Add +1074.2% 230,010 $44.0M
Balyasny Asset Management L.P. 0.08% Add +61.6% 209,256 $40.0M
Principal Financial Group Inc. 0.02% Reduce -1.2% 204,843 $39.1M
Tudor Investment Corporation 0.22% Add +97.0% 199,465 $38.1M
Wells Fargo & Company 0.01% Add +0.4% 195,585 $37.4M
Cooke & Bieler LP 0.39% Add +2.0% 194,048 $37.1M
Nuveen, LLC 0.01% Reduce -14.6% 192,799 $36.8M
Qube Research & Technologies Ltd 0.05% Add +33.4% 188,626 $36.0M
American Century Companies Inc. 0.02% Reduce -20.2% 187,458 $35.8M
Amundi 0.01% Add +110.4% 184,106 $35.2M
Public Sector Pension Investment Board 0.12% Reduce -12.9% 181,854 $34.8M
Los Angeles Capital Management LLC 0.12% Reduce -41.4% 180,056 $34.4M
Rice Hall James & Associates, LLC 1.82% Reduce -2.1% 172,974 $33.1M
Harvey Partners, LLC 2.94% Add +3.2% 171,547 $32.8M
Southernsun Asset Management, LLC 4.45% Reduce -4.6% 166,745 $31.9M
Global Alpha Capital Management Ltd. 1.86% Reduce -6.3% 159,479 $30.5M
UBS Group AG 0.01% Reduce -10.3% 147,971 $28.3M
Allianz Asset Management GmbH 0.03% Add +4.0% 143,210 $27.4M
BNP Paribas Financial Markets 0.02% Add +13.0% 142,086 $27.2M
Driehaus Capital Management LLC 0.18% Add +33.0% 138,001 $26.4M
Lord, Abbett & Co. LLC 0.08% New 133,586 $25.5M
Arbejdsmarkedets Tillaegspension 0.62% — 127,740 $24.4M
JPMorgan Chase & Co. 0.00% Add +70.5% 124,417 $23.8M
William Blair Investment Management, LLC 0.06% Reduce -9.2% 121,752 $23.3M
Discovery Capital Management, LLC / CT 1.23% New 118,000 $22.5M
Renaissance Technologies 0.03% Add +59.6% 117,300 $22.4M
Algert Global LLC 0.34% Add +28.4% 113,808 $21.7M
Legal & General Group Plc 0.00% Reduce -13.4% 110,509 $21.1M
First Trust Advisors LP 0.01% Reduce -28.2% 106,035 $20.3M
Goldman Sachs Group Inc. 0.00% Reduce -2.9% 104,766 $20.0M
Rhumbline Advisers 0.02% Add +1.1% 101,354 $19.4M
Gotham Asset Management 0.07% Add +15.6% 101,347 $19.4M
SG Americas Securities, LLC 0.03% New 98,494 $18.8M
Two Sigma Advisers, LP 0.04% Add +10.6% 97,800 $18.7M
Royal Bank of Canada 0.00% Add +6.9% 97,793 $18.7M
California Public Employees Retirement System 0.01% Add +2.4% 91,006 $17.4M
Prudential Financial Inc. 0.02% Reduce -87.8% 85,969 $16.5M
Ieq Capital, LLC 0.05% Add +5.4% 85,854 $16.4M
Swiss National Bank 0.01% Add +1.3% 85,300 $16.3M
Man Group plc 0.03% Reduce -14.0% 82,684 $15.8M
Zacks Investment Management 0.12% Reduce -9.5% 81,131 $15.5M
Victory Capital Management Inc. 0.01% Reduce -2.0% 80,205 $15.3M
Schwartz Investment Counsel Inc. 0.52% No change 78,000 $14.9M
Engineers Gate Manager LP 0.17% Reduce -14.4% 77,231 $14.8M
Stifel Financial Corp. 0.01% Reduce -0.6% 74,855 $14.3M
Sei Investments Co. 0.01% Reduce -20.4% 70,328 $13.4M
Trexquant Investment LP 0.11% Add +32.4% 67,472 $12.9M
Millennium Management 0.01% Reduce -30.5% 61,761 $11.8M
Janney Montgomery Scott LLC 0.03% Add +2673.1% 60,203 $11.5M
Scopus Asset Management, L.P. 0.32% New 60,000 $11.5M
HRT Financial LP 0.03% Reduce -39.4% 55,995 $10.7M
Treasurer of the State of North Carolina 0.03% Reduce -6.5% 55,368 $10.6M
Thrivent Financial for Lutherans 0.02% Reduce -3.1% 49,109 $9.4M
Bank of Nova Scotia 0.01% Reduce -44.1% 45,045 $8.6M
Danske Bank A/S 0.02% Reduce -3.5% 44,989 $8.6M
State Board of Administration of Florida Retirement System 0.02% Reduce -3.3% 44,629 $8.5M
Russell Investments Group, Ltd. 0.01% Add +165.4% 44,171 $8.4M
Taylor Hoffman Capital Management LLC 2.55% Reduce -0.7% 43,927 $8.4M
Raymond James Financial Inc. 0.00% Add +9.6% 43,904 $8.4M
Capital International, Inc. 0.07% Add +5.3% 43,795 $8.4M
Woodline Partners LP 0.03% Add +35.2% 42,967 $8.2M
Barclays PLC 0.00% Add +4.3% 42,803 $8.2M
Assenagon Asset Management S.A. 0.01% Reduce -70.3% 42,192 $8.1M
ING Groep NV 0.05% Add +150.3% 41,800 $8.0M
Van Eck Associates Corp. 0.01% Add +3.9% 41,709 $8.0M
Edgestream Partners, L.P. 0.22% Add +268.4% 41,108 $7.9M
California State Teachers Retirement System 0.01% Add +1.2% 41,040 $7.8M
Illinois Municipal Retirement Fund 0.09% Add +22.4% 38,868 $7.4M
CANADA LIFE ASSURANCE Co 0.01% Reduce -15.4% 38,262 $7.3M
State of Alaska, Department of Revenue 0.08% Add +7.8% 37,317 $7.1M
Bessemer Group Inc. 0.01% Add +16141.2% 35,893 $6.9M
Franklin Resources Inc. 0.00% Add +3.6% 35,735 $6.8M
Caisse de depot et placement du Quebec 0.01% Reduce -34.6% 34,820 $6.7M
T. Rowe Price Associates Inc. 0.00% Reduce -0.1% 34,790 $6.6M
Icon Advisers Inc. 1.46% Reduce -7.5% 34,575 $6.6M
Alps Advisors Inc. 0.04% Reduce -5.7% 34,352 $6.6M
Turas Capital Management LP 2.18% — 34,000 $6.5M
Hotchkis & Wiley Capital Management LLC 0.02% Add +0.9% 33,990 $6.5M
Livforsakringsbolaget Skandia, Omsesidigt 0.24% Add +16.0% 32,700 $6.2M
Cwm, LLC 0.02% Reduce -9.6% 32,667 $6.2M
MML Investors Services, LLC 0.02% Add +1.5% 32,357 $6.2M
Nisa Investment Advisors, LLC 0.02% Reduce -22.3% 31,578 $6.0M
Cerity Partners LLC 0.01% Reduce -26.1% 29,497 $5.6M
Healthcare of Ontario Pension Plan Trust Fund 0.01% Add +29.1% 27,061 $5.2M
Beck Mack & Oliver LLC 0.09% Reduce -0.5% 26,999 $5.2M
Citigroup Inc. 0.00% Reduce -20.6% 26,447 $5.1M
LPL Financial LLC 0.00% Reduce -10.2% 26,237 $5.0M
Creative Planning 0.00% Reduce -3.3% 25,484 $4.9M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% Reduce -23.2% 24,298 $4.7M
Jump Financial, LLC 0.06% Reduce -68.5% 23,673 $4.5M
Hillsdale Investment Management Inc. 0.12% No change 23,410 $4.5M
Mariner, LLC 0.00% Add +22.8% 21,241 $4.1M
Comerica Bank 0.02% Add +6.2% 21,097 $4.0M
Corient Private Wealth LP 0.01% Add +39.9% 20,946 $4.0M
State of Tennessee, Department of Treasury 0.01% Add +3.0% 21,735 $4.0M
Squarepoint Ops LLC 0.01% Reduce -77.3% 20,885 $4.0M
Horizon Investments, LLC 0.05% Reduce -11.5% 20,797 $4.0M
New York State Common Retirement Fund 0.01% No change 20,673 $4.0M
Ensign Peak Advisors, Inc 0.01% Reduce -8.8% 20,039 $3.8M
Jacobs Levy Equity Management, Inc. 0.01% Reduce -37.3% 19,815 $3.8M
Louisiana State Employees Retirement System 0.06% Reduce -0.5% 19,800 $3.8M
Capital Group Private Client Services, Inc. 0.06% Reduce -3.3% 19,653 $3.8M
Focus Partners Wealth 0.00% Add +143.5% 19,572 $3.7M
Harvest Investment Services, LLC 0.70% Add +312.9% 19,365 $3.7M
New Millennium Group LLC 1.60% Add +0.2% 19,296 $3.7M
Police & Firemen's Retirement System of New Jersey 0.03% Reduce -2.1% 18,623 $3.6M
Janus Henderson Group PLC 0.00% No change 18,579 $3.6M
Vident Advisory, LLC 0.03% Add +6.8% 17,658 $3.4M
Bridgewater Associates 0.01% Reduce -42.5% 17,650 $3.4M
Monument Capital Management 0.83% Reduce -1.2% 17,459 $3.3M
Mercer Global Advisors Inc. 0.01% Add +11.9% 17,148 $3.3M
Natixis 0.01% Reduce -2.5% 17,069 $3.3M
VIRGINIA RETIREMENT SYSTEMS ET Al 0.02% Add +74.0% 16,700 $3.2M
Wealth Enhancement Advisory Services, LLC 0.00% Add +4.5% 15,871 $3.1M
Strata Wealth Advisors, LLC 0.83% Reduce -5.6% 15,677 $3.0M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% Add +13.9% 15,516 $3.0M
HighTower Advisors, LLC 0.00% Reduce -5.7% 15,504 $3.0M
Orion Porfolio Solutions, LLC 0.02% Reduce -12.6% 15,224 $2.9M
Calamos Advisors LLC 0.02% Add +43.2% 15,018 $2.9M
Public Employees Retirement System of Ohio 0.01% Reduce -3.6% 14,268 $2.7M
DAVENPORT & Co LLC 0.01% Reduce -1.7% 14,105 $2.7M
Amalgamated Bank 0.02% Reduce -1.4% 13,836 $2.6M
KLP Kapitalforvaltning As 0.01% Add +19.3% 13,600 $2.6M
State of New Jersey Common Pension Fund D 0.01% Add +1.0% 13,569 $2.6M
Callan Family Office, LLC 0.06% Add +417.5% 13,444 $2.6M
Credit Agricole S A 0.01% New 13,080 $2.5M
NFJ Investment Group, LLC 0.09% Reduce -12.0% 12,928 $2.5M
AlphaQuest LLC 0.14% Reduce -43.8% 12,803 $2.4M
Arizona State Retirement System 0.01% Reduce -6.2% 12,060 $2.3M
New York State Teachers Retirement System 0.00% Add +2.6% 11,922 $2.3M
Teacher Retirement System of Texas 0.01% Reduce -17.1% 11,793 $2.3M
HSBC Holdings PLC 0.00% Add +188.3% 11,725 $2.2M
Yousif Capital Management, LLC 0.02% Reduce -13.0% 11,853 $2.2M
Handelsbanken Fonder AB 0.01% No change 11,630 $2.2M
Salvus Wealth Management, LLC 1.23% Reduce -0.7% 11,518 $2.2M
Osaic Holdings, Inc. 0.00% Add +287.2% 11,499 $2.2M
Quantbot Technologies LP 0.07% Reduce -61.8% 11,366 $2.2M
Massachusetts Financial Services Co. 0.00% Reduce -68.2% 11,247 $2.1M
O'shaughnessy Asset Management, LLC 0.01% Reduce -4.5% 11,149 $2.1M
Susquehanna Portfolio Strategies, LLC 0.03% Reduce -52.1% 10,863 $2.1M
Teachers Retirement System of the State of Kentucky 0.02% Reduce -12.3% 10,801 $2.1M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.01% Reduce -3.1% 10,677 $2.0M
Elo Mutual Pension Insurance Co 0.03% Add +4.6% 10,611 $2.0M
Oregon Public Employees Retirement Fund 0.02% Add +2.1% 9,902 $1.9M
Federation des caisses Desjardins du Quebec 0.01% Add +5.6% 9,652 $1.8M
Summit Trail Advisors, LLC 0.03% Add +36.2% 9,434 $1.8M
Bahl & Gaynor LLC 0.01% New 9,316 $1.8M
Truist Financial Corp. 0.00% Reduce -3.4% 9,067 $1.7M
Captrust Financial Advisors 0.00% Reduce -6.9% 8,981 $1.7M
Prudential PLC 0.01% Add +1.9% 8,812 $1.7M
Jackson Creek Investment Advisors LLC 0.50% Reduce -3.9% 8,809 $1.7M
Wesbanco Bank Inc. 0.05% No change 8,797 $1.7M
Manufacturers Life Insurance Company, The 0.00% Add +3.4% 8,375 $1.6M
Maryland State Retirement & Pension System 0.03% Add +1.2% 8,349 $1.6M
Tealwood Asset Management Inc. 0.71% Reduce -2.8% 8,322 $1.6M
Acadian Asset Management LLC 0.00% Reduce -2.6% 8,044 $1.5M
Park Avenue Securities LLC 0.01% Add +5.5% 7,989 $1.5M
Voleon Capital Management LP 0.03% Add +58.0% 7,918 $1.5M
Sequoia Financial Advisors, LLC 0.01% Add +7.2% 7,851 $1.5M
Voya Investment Management LLC 0.00% Reduce -6.2% 7,798 $1.5M
&partners 0.01% Add +63.7% 7,765 $1.5M
Aaron Wealth Advisors LLC 0.08% Add +35.7% 7,585 $1.4M
Savant Capital, LLC 0.01% Reduce -0.3% 7,410 $1.4M
Commonwealth Equity Services, LLC 0.00% Add +376.5% 7,343 $1.4M
Avior Wealth Management, LLC 0.04% Reduce -16.6% 7,341 $1.4M
VARCOV Co. 0.55% — 7,302 $1.4M
Oppenheimer Asset Management Inc. 0.02% Reduce -0.1% 7,297 $1.4M
Capital International Sarl 0.02% Reduce -5.0% 7,156 $1.4M
Vestmark Advisory Solutions, Inc. 0.02% New 7,126 $1.4M
Merit Financial Group, LLC 0.01% Add +3.6% 7,082 $1.4M
Wakefield Asset Management LLLP 0.37% Add +0.0% 7,058 $1.3M
Aurora Investment Counsel 0.71% Add +2.9% 7,051 $1.3M
State of Wisconsin Investment Board 0.00% Reduce -18.5% 6,904 $1.3M
Atria Investments, Inc 0.01% Add +3.5% 6,880 $1.3M
Cetera Investment Advisers 0.00% Add +52.1% 6,879 $1.3M
Graham Capital Management, L.P. 0.06% Reduce -73.3% 6,854 $1.3M
Caprock Group, LLC 0.03% Add +230.1% 6,750 $1.3M
Lazard Asset Management LLC 0.00% Add +0.1% 6,533 $1.2M
BI Asset Management Fondsmaeglerselskab A/S 0.01% New 6,516 $1.2M
Pictet Asset Management Holding SA 0.00% Add +4.4% 6,465 $1.2M
Cannell & Spears LLC 0.02% No change 6,315 $1.2M
Cookson Peirce & Co. Inc. 0.05% Add +7.0% 6,294 $1.2M
Moody National Bank Trust Division 0.11% No change 6,095 $1.2M
QRG Capital Management, Inc. 0.01% Add +33.9% 6,086 $1.2M
National Bank of Canada 0.00% New 6,041 $1.2M
Schonfeld Strategic Advisors LLC 0.01% Reduce -81.9% 5,904 $1.1M
Focus Partners Advisor Solutions, LLC 0.01% Reduce -1.9% 5,891 $1.1M
ExodusPoint Capital Management, LP 0.01% Reduce -59.4% 5,804 $1.1M
First Manhattan Co. Llc. 0.00% Reduce -3.4% 5,740 $1.1M
PNC Financial Services Group, Inc. 0.00% Reduce -4.5% 5,674 $1.1M
Freestone Grove Partners LP 0.01% New 5,277 $1.0M
Connor, Clark & Lunn Investment Management Ltd. 0.00% New 5,145 $983K
XTX Topco Ltd 0.03% New 5,053 $966K
Novem Group 0.11% New 5,010 $957K
Lanark Financial, Inc. 0.07% Reduce -2.0% 4,950 $946K
Mutual of America Capital Management LLC 0.01% Add +1.7% 4,929 $942K
Brevan Howard Capital Management LP 0.02% Add +18.1% 4,901 $937K
Daiwa Securities Group Inc. 0.00% No change 4,900 $936K
Dynamic Advisor Solutions LLC 0.03% Reduce -9.7% 4,653 $889K
Inscription Capital, LLC 0.09% Add +36.7% 4,585 $876K
Bridgefront Capital, LLC 0.22% Add +27.6% 4,536 $867K
Choreo, LLC 0.01% Reduce -4.9% 4,414 $849K
Occudo Quantitative Strategies LP 0.06% Add +91.2% 4,412 $843K
Ethic Inc. 0.01% Add +15.6% 4,400 $841K
Lido Advisors, LLC 0.00% Add +2.9% 4,165 $814K
Quantum Portfolio Management LLC 0.35% Reduce -22.4% 4,142 $792K
Pallas Capital Advisors LLC 0.03% Add +0.3% 4,061 $776K
Sanctuary Advisors, LLC 0.00% Add +14.2% 4,017 $768K
Argent Trust Co 0.03% Reduce -3.8% 4,006 $766K
Lecap Asset Management Ltd. 0.30% Reduce -29.8% 3,933 $752K
New York Life Investment Management LLC 0.01% Reduce -11.9% 3,855 $737K
Marshall Financial Group, LLC 0.14% New 3,838 $733K
Hunter Perkins Capital Management, LLC 0.17% Reduce -18.4% 3,835 $733K
HUB Investment Partners, LLC 0.02% Add +17.4% 3,829 $732K
Guggenheim Capital LLC 0.01% New 3,790 $724K
Chesapeake Capital Corp. 0.60% No change 3,736 $714K
Envestnet Portfolio Solutions, Inc. 0.00% No change 3,709 $709K
Kestra Private Wealth Services, LLC 0.01% New 3,611 $690K
Andina Capital Management, LLC 0.42% Add +3.6% 3,610 $690K
Venturi Wealth Management, LLC 0.03% Reduce -17.2% 3,466 $662K
Commerce Bank 0.00% New 3,447 $659K
Principal Securities, Inc. 0.01% Add +4.0% 3,429 $655K
Xponance LLC 0.00% Add +3.9% 3,423 $654K
Mackenzie Financial Corp. 0.00% Reduce -28.0% 3,345 $642K
Swiss Life Asset Management Ltd 0.00% Add +60.3% 3,338 $638K
Steward Partners Investment Advisory, LLC 0.00% Add +48.5% 3,332 $637K
Krilogy Financial LLC 0.02% Reduce -14.9% 3,344 $626K
Global Retirement Partners, LLC 0.01% Reduce -2.3% 3,269 $625K
Public Employees Retirement Association of Colorado 0.00% No change 3,224 $616K
Chicago Partners Investment Group LLC 0.01% Add +29.1% 3,202 $600K
State of Wyoming 0.07% Add +0.3% 3,124 $597K
Snowden Capital Advisors LLC 0.02% Add +33.3% 3,120 $596K
Kera Capital Partners, Inc. 0.07% Add +184.7% 3,209 $590K
Bridges Investment Management Inc. 0.01% No change 3,027 $578K
Founders Financial Alliance, LLC 0.11% Add +1.2% 2,953 $564K
GAMMA Investing LLC 0.03% Add +19.5% 2,873 $549K
CreativeOne Wealth, LLC 0.01% Add +7.5% 2,870 $548K
Vanguard Personalized Indexing Management, LLC 0.01% Add +7.7% 2,862 $547K
PharVision Advisers, LLC 0.27% New 2,833 $541K
Evergreen Capital Management LLC 0.01% Reduce -22.6% 2,820 $539K
Verdence Capital Advisors LLC 0.03% Add +0.5% 2,803 $536K
Y-Intercept (Hong Kong) Ltd 0.01% Add +105.6% 2,767 $529K
Entropy Technologies, LP 0.03% Reduce -79.6% 2,756 $527K
Verition Fund Management LLC 0.00% Reduce -92.5% 2,720 $520K
Crossmark Global Holdings, Inc. 0.01% Add +0.8% 2,702 $516K
Ossiam 0.01% New 2,700 $516K
Praxis Investment Management Inc. 0.03% No change 2,600 $497K
Essential Partners LLC 0.15% Reduce -7.8% 2,516 $481K
First National Bank Sioux Falls 0.14% No change 2,498 $477K
Pathstone Holdings, LLC 0.00% Reduce -1.5% 2,483 $475K
NorthCrest Asset Manangement, LLC 0.01% Reduce -5.4% 2,337 $470K
Modern Wealth Management, LLC 0.01% Reduce -7.9% 2,451 $468K
Sivia Capital Partners, LLC 0.09% Add +28.7% 2,451 $468K
Arax Advisory Partners 0.01% Reduce -88.5% 2,448 $468K
Wealth Alliance, LLC 0.05% Add +3.9% 2,432 $465K
Legato Capital Management LLC 0.04% Add +15.9% 2,430 $464K
Baker Avenue Asset Management, LP 0.01% Add +60.6% 2,427 $464K
Syon Capital LLC 0.02% Add +30.9% 2,371 $453K
Jane Street Group, LLC 0.00% Reduce -96.8% 2,326 $444K
Utah Retirement Systems 0.00% No change 2,300 $440K
Mirabella Financial Services LLP 0.04% New 2,256 $431K
Wilmington Savings Fund Society, FSB 0.01% No change 2,238 $428K
Smith Group Asset Management, LLC 0.02% Add +15.3% 2,236 $427K
AdvisorNet Financial, Inc 0.02% Add +0.1% 2,206 $422K
EverSource Wealth Advisors, LLC 0.02% Add +6.6% 2,203 $421K
Jones Financial Companies LLLP 0.00% Add +17.8% 2,201 $421K
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.01% New 2,199 $420K
Index Technologies Group LLC 0.42% — 2,125 $406K
Waverly Advisors, LLC 0.00% Add +88.1% 2,105 $402K
Diametric Capital, LP 0.11% Add +22.6% 2,090 $399K
Evolve Private Wealth, LLC 0.02% — 2,089 $399K
Caerus Investment Advisors, LLC 0.13% Add +12.0% 1,992 $381K
Picton Mahoney Asset Management 0.00% Add +35.5% 1,972 $377K
Ballentine Partners, LLC 0.01% Reduce -3.0% 1,957 $374K
Argos Wealth Advisors, LLC 0.10% — 1,954 $373K
TD Private Client Wealth LLC 0.01% Add +0.2% 1,942 $371K
New Age Alpha Advisors, LLC 0.02% Reduce -35.3% 1,924 $368K
Machina Capital S.A.S. 0.07% Reduce -0.1% 1,913 $366K
Perbak Capital Partners LLP 0.11% Reduce -65.3% 1,900 $363K
Globeflex Capital L P 0.06% No change 1,900 $363K
Sterling Capital Management LLC 0.01% Reduce -0.5% 1,887 $361K
Certuity, LLC 0.02% New 1,844 $352K
Private Advisor Group, LLC 0.00% New 1,823 $348K
Beacon Pointe Advisors, LLC 0.00% Reduce -16.0% 1,821 $348K
Sumitomo Mitsui Trust Group, Inc. 0.00% Add +5.9% 1,800 $344K
Financiere des Professionnels - Fonds d'investissement inc. 0.02% No change 1,780 $340K
Intech Investment Management LLC 0.00% New 1,778 $340K
Curi Capital, LLC 0.01% New 1,769 $338K
Panagora Asset Management Inc. 0.00% No change 1,761 $337K
Vestcor Inc 0.01% No change 1,755 $335K
Two Sigma Securities, LLC 0.05% New 1,732 $331K
Inspire Investing, LLC 0.03% Add +8.1% 1,715 $328K
OneDigital Investment Advisors LLC 0.00% Reduce -7.6% 1,708 $326K
NewEdge Advisors, LLC 0.00% Add +38.0% 1,706 $326K
Advisory Services Network, LLC 0.00% Add +4.3% 1,700 $325K
Howe & Rusling Inc. 0.02% No change 1,651 $316K
Elevation Point Wealth Partners, LLC 0.01% New 1,605 $307K
Canada Pension Plan Investment Board 0.00% Reduce -33.3% 1,600 $306K
Aquatic Capital Management LLC 0.01% Reduce -91.8% 1,567 $299K
Accurate Wealth Management, LLC 0.04% Add +3.5% 1,490 $299K
Taylor & Morgan Wealth Management, LLC 0.17% New 1,557 $298K
Northwestern Mutual Wealth Management Co. 0.00% Add +7.5% 1,536 $293K
Koshinski Asset Management, Inc. 0.02% Reduce -11.7% 1,522 $291K
M&T Bank Corp 0.00% Add +36.9% 1,518 $290K
Polen Capital Management LLC 0.00% Add +27.3% 1,511 $289K
North Dakota State Investment Board 0.01% — 1,505 $288K
Wealthspire Advisors, LLC 0.00% Add +65.6% 1,489 $285K
Qsemble Capital Management, LP 0.02% New 1,481 $283K
NewEdge Wealth, LLC 0.00% New 1,465 $280K
LifeWealth Investments, LLC 0.09% Reduce -1.2% 1,457 $278K
Atlantic Union Bankshares Corp 0.01% Reduce -28.6% 1,447 $277K
Blue Trust, Inc. 0.00% Reduce -6.5% 1,447 $277K
Simplicity Wealth,LLC 0.02% Add +35.5% 1,424 $272K
MQS Management LLC 0.16% Reduce -60.9% 1,412 $270K
EP Wealth Advisors, LLC 0.00% — 1,412 $270K
Shelton Capital Management 0.01% Reduce -9.5% 1,411 $270K
waypoint wealth counsel 0.10% Reduce -23.2% 1,409 $269K
Claret Asset Management Corp 0.03% Reduce -0.3% 1,402 $268K
HB Wealth Management, LLC 0.00% Reduce -13.9% 1,396 $267K
Altar Rock LLC 0.32% — 1,394 $266K
CIBC Asset Management Inc 0.00% No change 1,384 $264K
Raleigh Capital Management Inc. 0.09% Add +6.6% 1,368 $261K
Rockefeller Capital Management L.P. 0.00% Add +7.1% 1,352 $258K
Waddell & Associates, LLC 0.02% Add +17.2% 1,350 $258K
Great Lakes Advisors, LLC 0.00% Add +12.9% 1,350 $258K
Kestra Advisory Services, LLC 0.00% Reduce -43.0% 1,339 $256K
iSAM Funds (UK) Ltd 0.09% Reduce -77.9% 1,338 $256K
Anb Bank 0.10% New 1,336 $255K
MetLife Investment Management, LLC 0.00% Reduce -0.1% 1,312 $251K
Coastal Bridge Advisors, LLC 0.02% Reduce -2.8% 1,310 $250K
Kaufman Rossin Wealth, LLC 0.13% Reduce -0.6% 1,299 $248K
Legacy Wealth Asset Management, LLC 0.06% New 1,299 $248K
Mangrove Partners Im, LLC 0.02% New 1,296 $248K
Interchange Capital Partners, LLC 0.05% Add +6.1% 1,292 $247K
Transamerica Financial Advisors, LLC 0.02% Add +92.6% 1,277 $244K
Glenmede Trust Co. NA 0.00% — 1,271 $243K
Moneta Group Investment Advisors LLC 0.00% Reduce -2.3% 1,265 $242K
Nomura Asset Management International Inc. 0.00% — 1,261 $241K
Perigon Wealth Management, LLC 0.00% Reduce -18.4% 1,257 $240K
Farther Finance Advisors, LLC 0.00% Add +127.3% 1,250 $239K
Ancora Advisors LLC 0.00% Add +44.8% 1,244 $238K
Evoke Wealth, LLC 0.00% Reduce -7.3% 1,236 $236K
FORA Capital, LLC 0.03% New 822 $235K
Crestwood Advisors Group, LLC 0.00% New 1,230 $235K
Axq Capital, LP 0.05% Reduce -38.8% 1,216 $232K
Allworth Financial LP 0.00% Reduce -0.9% 1,199 $229K
CenterBook Partners LP 0.01% Reduce -78.7% 1,191 $228K
IHT Wealth Management, LLC 0.01% Add +7.9% 1,167 $223K
Forum Financial Management, LP 0.00% No change 1,161 $222K
Penserra Capital Management LLC 0.00% New 1,158 $221K
Pacer Advisors, Inc. 0.00% Reduce -23.3% 1,156 $221K
Sage Rhino Capital LLC 0.04% Reduce -0.6% 1,145 $219K
Jefferies Financial Group Inc. 0.00% Add +0.2% 1,141 $218K
Advyzon Investment Management, LLC 0.03% New 1,136 $217K
Exchange Traded Concepts, LLC 0.00% New 1,133 $217K
Sagespring Wealth Partners, LLC 0.00% New 1,133 $216K
CHICAGO TRUST Co NA 0.03% No change 1,127 $215K
R Squared Ltd 0.10% Reduce -59.7% 1,125 $215K
Optas, LLC 0.03% New 1,114 $213K
Stirlingshire Investments, Inc. 0.19% — 1,112 $213K
Integrated Wealth Concepts LLC 0.00% Reduce -22.9% 1,105 $211K
Profund Advisors LLC 0.01% Reduce -10.5% 1,096 $209K
Madison Asset Management, LLC 0.00% Reduce -7.3% 1,091 $209K
Aristides Capital LLC 0.07% Reduce -23.3% 1,085 $207K
Orchard Capital Management, LLC 0.18% Reduce -40.6% 1,079 $206K
Hilltop Holdings Inc. 0.01% Reduce -0.6% 1,077 $206K
U.S. Capital Wealth Advisors, LLC 0.01% New 1,070 $204K
AlTi Global, Inc. 0.00% Reduce -92.0% 1,067 $204K
KBC Group NV 0.00% No change 1,052 $201K
Eagle Bay Advisors LLC 0.14% New 1,039 $199K
STRS Ohio 0.00% Add +0.2% 1,030 $197K
Smartleaf Asset Management LLC 0.01% Add +16.4% 1,017 $196K
Walleye Trading LLC 0.00% Reduce -92.8% 1,011 $193K
Pinnacle Wealth Planning Services, Inc. 0.02% New 1,003 $192K
Rothschild Investment LLC 0.01% Reduce -11.3% 969 $185K
Versant Capital Management, Inc 0.02% Add +27.1% 962 $184K
Fifth Third Bancorp 0.00% Add +4.6% 929 $178K
Tower Research Capital LLC (TRC) 0.00% Reduce -50.9% 855 $163K
Huntington National Bank 0.00% Add +6.2% 839 $160K
Archer Investment Corp 0.04% Reduce -3.6% 837 $160K
Harvest Fund Management Co., Ltd 0.01% Reduce -70.1% 820 $157K
Bayforest Capital Ltd 0.09% Reduce -65.6% 652 $125K
LSV Asset Management 0.00% No change 600 $115K
Covestor Ltd 0.06% Reduce -2.4% 573 $110K
Brown Brothers Harriman & Co. 0.00% Reduce -47.7% 509 $97K
Quadrant Capital Group LLC 0.00% Reduce -12.8% 485 $93K
Parallel Advisors, LLC 0.00% Add +2.8% 470 $90K
US Bancorp \de 0.00% Reduce -8.3% 467 $89K
Greenline Wealth Management LLC 0.08% — 424 $81K
CoreCap Advisors, LLC 0.00% Add +3.5% 408 $78K
Salomon & Ludwin, LLC 0.01% Reduce -5.0% 383 $77K
Meeder Asset Management Inc. 0.00% No change 377 $72K
IFP Advisors, Inc 0.00% Add +3.0% 374 $71K
Employees Retirement System of Texas 0.00% No change 358 $68K
Smithfield Trust Co 0.00% No change 343 $65K
MassMutual Private Wealth & Trust, FSB 0.00% No change 332 $63K
True Wealth Design, LLC 0.02% Reduce -5.7% 329 $63K
SJS Investment Consulting Inc. 0.01% Add +24.6% 309 $59K
Quent Capital, LLC 0.00% Reduce -4.5% 279 $53K
Signaturefd, LLC 0.00% Reduce -6.5% 259 $49K
Fortitude Family Office, LLC 0.01% Add +0.4% 248 $47K
MAI Capital Management 0.00% Add +32.1% 247 $47K
UMB Bank, n.a. 0.00% Add +8.2% 238 $45K
Parkside Financial Bank & Trust 0.00% Reduce -23.7% 225 $43K
Sound Income Strategies, LLC 0.00% New 200 $39K
Quarry LP 0.01% Reduce -74.7% 191 $37K
Cullen/Frost Bankers, Inc. 0.00% Add +124.0% 177 $34K
Private Trust Co. NA 0.00% No change 171 $33K
DV Trading LLC 0.00% — 169 $32K
Physician Wealth Advisors, Inc. 0.00% Reduce -1.9% 156 $30K
Trust Co. of Vermont 0.00% No change 150 $29K
Clearstead Advisors, LLC 0.00% Reduce -85.3% 149 $28K
Crewe Advisors LLC 0.00% No change 147 $28K
Root Financial Partners, LLC 0.00% Add +16.0% 145 $28K
Eurizon Capital SGR S.p.A. 0.00% — 143 $27K
Golden State Wealth Management, LLC 0.00% No change 140 $27K
TD Waterhouse Canada Inc. 0.00% Add +5.3% 139 $27K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% No change 129 $25K
Larson Financial Group LLC 0.00% Add +77.0% 131 $25K
Thurston, Springer, Miller, Herd & Titak, Inc. 0.01% New 128 $24K
Harbour Investments, Inc. 0.00% Add +21.3% 114 $22K
Hantz Financial Services, Inc. 0.00% Add +67.7% 109 $21K
Dogwood Wealth Management LLC 0.01% Reduce -16.5% 106 $20K
Keating Financial Advisory Services, Inc. 0.00% — 91 $17K
Assetmark, Inc. 0.00% Add +19.7% 91 $17K
Advisors Asset Management, Inc. 0.00% New 90 $17K
Signature Equity Partners, LLC 0.01% — 80 $15K
Byrne Asset Management LLC 0.01% Reduce -20.8% 80 $15K
SBI Securities Co., Ltd. 0.00% Add +3250.0% 67 $13K
Bare Financial Services, Inc 0.00% Reduce -9.1% 60 $11K
Acumen Wealth Advisors, LLC 0.00% — 59 $11K
LRI Investments, LLC 0.00% Reduce -43.7% 58 $11K
Activest Wealth Management 0.00% New 53 $10K
First Pacific Financial 0.00% No change 50 $10K
CIBC Private Wealth Group LLC 0.00% Reduce -72.6% 49 $9K
Entrust Financial LLC 0.01% — 48 $9K
SouthState Bank Corp 0.00% Add +56.7% 47 $9K
ORG Partners LLC 0.00% Add +400.0% 45 $9K
JFS Wealth Advisors, LLC 0.00% Add +32.3% 41 $8K
Capital Advisors, Ltd. LLC 0.00% No change 39 $7K
TD Capital Management LLC 0.00% Add +14.3% 32 $6K
Sunbelt Securities, Inc. 0.00% No change 32 $6K
Itau Unibanco Holding S.A. 0.00% Reduce -15.8% 32 $6K
MPWM Advisory Solutions, LLC 0.00% No change 27 $5K
POM Investment Strategies, LLC 0.00% New 26 $5K
Farmers & Merchants Investments Inc. 0.00% Reduce -3.7% 26 $5K
Westside Investment Management, Inc. 0.00% No change 25 $5K
Elyxium Wealth, LLC 0.00% New 25 $5K
Altshuler Shaham Ltd 0.00% No change 22 $4K
Basecamp Wealth Advisors LLC 0.00% — 20 $4K
HM Payson & Co. 0.00% No change 20 $4K
Elevation Wealth Partners, LLC 0.00% No change 17 $3K
Merited Wealth, LLC 0.00% — 16 $3K
SageView Advisory Group, LLC 0.00% New 16 $3K
Bruce G. Allen Investments, LLC 0.00% No change 12 $2K
Bell Investment Advisors, Inc 0.00% Reduce -26.7% 11 $2K
First Horizon Corp. 0.00% No change 10 $2K
United Financial Planning Group LLC 0.00% New 9 $2K
Sachetta, LLC 0.00% No change 9 $2K
Annis Gardner Whiting Capital Advisors, LLC 0.00% No change 8 $2K
Cromwell Holdings LLC 0.00% No change 7 $1K
DiNuzzo Private Wealth, Inc. 0.00% No change 7 $1K
Rakuten Securities, Inc. 0.00% New 6 $1K
Rossby Financial, LCC 0.00% Add +50.0% 6 $1K
Flagship Harbor Advisors, LLC 0.00% New 6 $1K
Avion Wealth 0.00% No change 7 $1K
Ankerstar Wealth, LLC 0.00% — 5 $956
SHP Wealth Management 0.00% — 5 $956
Gilpin Wealth Management, LLC 0.00% — 4 $765
Rialto Wealth Management, LLC 0.00% Add +33.3% 4 $765
Bay Harbor Wealth Management, LLC 0.00% No change 4 $764
Hughes Financial Services, LLC 0.00% No change 4 $764
HFM Investment Advisors, LLC 0.00% No change 3 $574
Cornerstone Planning Group LLC 0.00% No change 3 $551
Abound Wealth Management 0.00% No change 2 $383
CENTRAL TRUST Co 0.00% New 2 $383
Turning Point Benefit Group, Inc. 0.00% No change 2 $382
Manchester Capital Management LLC 0.00% New 1 $192
Dunhill Financial, LLC 0.00% New 1 $187

"% of holder's portfolio" is AWI's weight in each manager's 13F, not the share of Armstrong World Industries the manager owns.