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Argan Inc

AGX
Exchange
NYSE
Industry
Construction - Special Trade Contractors
SEC CIK
0000100591

In the last 90 days, Argan Inc insiders filed 0 open-market purchases and 1 sale; 569 institutions reported holding it in 13F filings for Q2 2026, worth $11.4B in total; superinvestors Lone Pine Capital and Coatue Management hold it.

13F holders, Q4 2025

Institutional positions in Argan Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
438
+52 vs. Q3 2025
Shares held
12.7M
−139.2K (−1.1%) vs. Q3 2025
Total value
$3.99B
+$513.4M (+14.8%) vs. Q3 2025
New holders
95
124 more added
Sold out
43
170 more reduced

8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting AGX on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 438 institutions
Q1 2021: 138 institutionsQ2 2021: 126 institutionsQ3 2021: 117 institutionsQ4 2021: 129 institutionsQ1 2022: 137 institutionsQ2 2022: 116 institutionsQ3 2022: 118 institutionsQ4 2022: 118 institutionsQ1 2023: 124 institutionsQ2 2023: 128 institutionsQ3 2023: 140 institutionsQ4 2023: 149 institutionsQ1 2024: 160 institutionsQ2 2024: 206 institutionsQ3 2024: 245 institutionsQ4 2024: 277 institutionsQ1 2025: 294 institutionsQ2 2025: 357 institutionsQ3 2025: 394 institutionsQ4 2025: 438 institutionsQ1 2026: 500 institutionsQ2 2026: 569 institutions
Value heldQ4 2025: $3.99B
Q1 2021: $726.2MQ2 2021: $634.9MQ3 2021: $578.9MQ4 2021: $509.2MQ1 2022: $505.5MQ2 2022: $439.0MQ3 2022: $365.0MQ4 2022: $409.0MQ1 2023: $440.8MQ2 2023: $417.0MQ3 2023: $473.9MQ4 2023: $494.8MQ1 2024: $530.2MQ2 2024: $818.5MQ3 2024: $1.21BQ4 2024: $1.59BQ1 2025: $1.51BQ2 2025: $2.66BQ3 2025: $3.49BQ4 2025: $3.99BQ1 2026: $7.68BQ2 2026: $11.4B
Institutions holding AGX and their total value by quarter
QuarterHoldersValue
Q2 2026569$11.4B
Q1 2026500$7.68B
Q4 2025438$3.99B
Q3 2025394$3.49B
Q2 2025357$2.66B
Q1 2025294$1.51B
Q4 2024277$1.59B
Q3 2024245$1.21B
Q2 2024206$818.5M
Q1 2024160$530.2M
Q4 2023149$494.8M
Q3 2023140$473.9M
Q2 2023128$417.0M
Q1 2023124$440.8M
Q4 2022118$409.0M
Q3 2022118$365.0M
Q2 2022116$439.0M
Q1 2022137$505.5M
Q4 2021129$509.2M
Q3 2021117$578.9M
Q2 2021126$634.9M
Q1 2021138$726.2M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Argan Inc; share changes are against Q3 2025.

Institutions holding AGX in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Independent Financial Group, LLC2,007$628.8K0.01%+2,007New
Stifel Financial Corp2,018$632.4K0.00%+826+69.3%Added
Public Employees Retirement Association of Colorado2,028$635.0K0.00%00.0%Unchanged
Petra Financial Advisors Inc2,031$636.3K0.37%+2,031New
Simplex Trading, LLC2,045$640.7K0.02%−1,856−47.6%Reduced
Balyasny Asset Management LLC2,047$641.4K0.00%−29,015−93.4%Reduced
Pictet Asset Management Holding SA2,079$651.4K0.00%+144+7.4%Added
Quantinno Capital Management LP2,096$656.7K0.00%+472+29.1%Added
Afg Fiduciary Services Limited Partnership2,050$668.2K0.40%−515−20.1%Reduced
Marshall Wace, LLP2,174$681.2K0.00%+2,174New
Envestnet Asset Management Inc2,222$696.1K0.00%−943−29.8%Reduced
Davenport & Co LLC2,229$698.3K0.00%−240−9.7%Reduced
Royal Bank of Canada2,255$706.0K0.00%−11,842−84.0%Reduced
Scientech Research LLC2,330$730.0K0.46%+1,571+207.0%Added
Voya Investment Management LLC2,406$753.8K0.00%00.0%Unchanged
ProShare Advisors LLC2,454$768.9K0.00%+185+8.2%Added
Quantbot Technologies LP2,533$793.6K0.03%+2,533New
Pallas Capital Advisors LLC2,564$803.4K0.03%+34+1.3%Added
Bannerstone Capital Management, LLC2,636$826.0K0.79%+2,636New
XTX Topco Ltd2,696$844.7K0.02%+1,277+90.0%Added
Spire Wealth Management2,744$859.8K0.03%−197−6.7%Reduced
Cim, LLC2,804$878.6K0.12%−297−9.6%Reduced
Money Concepts Capital Corp2,814$881.8K0.05%+2,814New
State of Alaska, Department of Revenue2,821$883.0K0.01%+2,078+279.7%Added
Ieq Capital, LLC2,828$886.1K0.00%+1,723+155.9%Added
Sierra Summit Advisors LLC2,889$905.2K0.14%−1,057−26.8%Reduced
KLP Kapitalforvaltning AS3,000$940.0K0.00%+100+3.4%Added
Merit Financial Group, LLC3,184$997.5K0.01%+1,117+54.0%Added
Palisades Investment Partners, LLC3,199$1.00M0.38%+379+13.4%Added
Meritage Portfolio Management3,252$1.02M0.07%−364−10.1%Reduced
US Bancorp3,280$1.03M0.00%+7+0.2%Added
Integrated Quantitative Investments LLC3,293$1.03M0.22%−1,300−28.3%Reduced
Carnegie Capital Asset Management, LLC3,294$1.03M0.02%+1,187+56.3%Added
Y-Intercept (Hong Kong) Ltd3,315$1.04M0.02%+3,315New
Prime Capital Investment Advisors, LLC3,325$1.04M0.01%−586−15.0%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH3,335$1.05M0.00%−1,761−34.6%Reduced
Ring Mountain Capital, LLC2,762$1.06M0.54%+27+1.0%Added
Kaizen Financial Strategies3,423$1.07M0.47%−1,172−25.5%Reduced
Bokf, NA3,455$1.08M0.02%−30−0.9%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)3,457$1.08M0.00%−182−5.0%Reduced
Polymer Capital Management (US) LLC3,504$1.10M0.14%+2,321+196.2%Added
D. E. Shaw & Co., Inc.3,512$1.10M0.00%00.0%Unchanged
Formula Growth Ltd3,540$1.11M0.43%−2,160−37.9%Reduced
Police & Firemen's Retirement System of New Jersey3,622$1.13M0.01%−47−1.3%Reduced
Citigroup Inc3,635$1.14M0.00%+416+12.9%Added
State Board of Administration of Florida Retirement System3,745$1.17M0.00%−295−7.3%Reduced
Entropy Technologies, LP3,790$1.19M0.06%+2,287+152.2%Added
Verition Fund Management LLC3,798$1.19M0.01%+553+17.0%Added
Arizona State Retirement System3,827$1.20M0.01%−209−5.2%Reduced
Prakash Investment Advisors LLC3,850$1.21M0.92%−1,060−21.6%Reduced
Cambridge Investment Research Advisors, Inc.3,900$1.22M0.00%−384−9.0%Reduced
Index Technologies Group LLC3,997$1.25M1.31%+3,997New
STRS Ohio4,000$1.25M0.00%−400−9.1%Reduced
John G Ullman & Associates Inc4,000$1.25M0.17%−100−2.4%Reduced
Willis Johnson & Associates, Inc.4,000$1.25M0.08%00.0%Unchanged
MML Investors Services, LLC4,055$1.27M0.00%+1,391+52.2%Added
Delta Investment Management, LLC4,100$1.28M0.22%+20.0%Added
Kestra Private Wealth Services, LLC4,113$1.29M0.02%+547+15.3%Added
Pinnacle Associates Ltd4,171$1.31M0.02%−787−15.9%Reduced
Quadrant Capital Group LLC4,269$1.34M0.04%−201−4.5%Reduced
Jump Financial, LLC4,271$1.34M0.02%+4,271New
Eddie Patel Inc4,314$1.35M1.01%+4,314New
SG Americas Securities, LLC4,379$1.37M0.00%−3,502−44.4%Reduced
Headlands Technologies LLC4,401$1.38M0.12%+4,401New
PFG Advisors4,441$1.39M0.07%−235−5.0%Reduced
HighTower Advisors, LLC4,506$1.41M0.00%−230−4.9%Reduced
Brinker Capital Investments, LLC4,660$1.46M0.01%−247−5.0%Reduced
Handelsbanken Fonder AB4,700$1.47M0.00%+4,700New
Maxi Investments CY Ltd4,800$1.50M0.27%+4,800New
Boothbay Fund Management, LLC4,807$1.51M0.04%+4,807New
BNP Paribas Arbitrage, SA4,893$1.53M0.00%+1,039+27.0%Added
Prudential Financial Inc4,919$1.54M0.00%−7,976−61.9%Reduced
Baader Bank INC5,000$1.57M0.13%+5,000New
Invst, LLC5,097$1.60M0.17%−64−1.2%Reduced
Wealth Enhancement Advisory Services, LLC4,840$1.60M0.00%−165−3.3%Reduced
Aventail Capital Group, LP5,134$1.61M0.09%−17,373−77.2%Reduced
Algert Global LLC5,190$1.63M0.03%−900−14.8%Reduced
Linden Thomas Advisory Services, LLC5,200$1.63M0.17%+211+4.2%Added
Cadent Capital Advisors, LLC5,275$1.65M0.44%+5,275New
Alps Advisors Inc5,462$1.71M0.01%+3,479+175.4%Added
Meeder Asset Management Inc5,463$1.71M0.09%−280−4.9%Reduced
Truvestments Capital LLC5,488$1.72M0.31%+276+5.3%Added
Mission Wealth Management, LP5,510$1.73M0.04%−40−0.7%Reduced
Hennion & Walsh Asset Management, Inc.5,551$1.74M0.06%−2,332−29.6%Reduced
RBF Capital, LLC6,000$1.88M0.09%00.0%Unchanged
Jain Global LLC6,069$1.90M0.02%+6,069New
Jackson Creek Investment Advisors LLC6,077$1.90M0.56%−3,714−37.9%Reduced
CastleKnight Management LP6,136$1.92M0.11%−8,800−58.9%Reduced
Omers Administration Corp6,145$1.93M0.01%+6,145New
Centiva Capital, LP6,150$1.93M0.12%+6,150New
BI Asset Management Fondsmaeglerselskab A/S6,182$1.94M0.02%+6,182New
PFA Pension, Forsikringsaktieselskab6,182$1.95M0.01%+6,182New
State of New Jersey Common Pension Fund D6,263$1.96M0.01%−3,481−35.7%Reduced
Canada Pension Plan Investment Board6,300$1.97M0.00%−7,600−54.7%Reduced
Intech Investment Management LLC6,321$1.98M0.02%00.0%Unchanged
Squarepoint Ops LLC6,388$2.00M0.00%+1,580+32.9%Added
Advisory Services Network, LLC6,540$2.05M0.03%−259−3.8%Reduced
Manufacturers Life Insurance Company, The6,626$2.08M0.00%−305−4.4%Reduced
GWM Advisors LLC6,677$2.09M0.01%+1,338+25.1%Added
Engineers Gate Manager LP6,702$2.10M0.02%+10+0.1%Added