Great Lakes Dredge & Dock (GLDD)

• Market cap: $779M
• 1 day: -1.46%
• 5 days: -2.47%
• 1 month: 0.44%
• 3 months: 46.30%
• 6 months: -4.26%
• Year to date: -1.63%
• 1 year: 24.81%
• 5 years: 24.81%
• 10 years: 93.10%
• Sector: Industrials
• Industry: Engineering & Construction

About: Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. The Company is also fully engaged in expanding its core business into the offshore energy industry. Dredging involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Company work generally is to performed in coastal waterways and deep water ports. Its project portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.

Employees: 1,003

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

17% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 24

0.72% more ownership

Funds ownership: 82.72% [Q4 2024] → 83.44% (+0.72%) [Q1 2025]

1% less funds holding

Funds holding: 191 [Q4 2024] → 189 (-2) [Q1 2025]

23% less capital invested

Capital invested by funds: $628M [Q4 2024] → $482M (-$146M) [Q1 2025]

33% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 81

40% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2024] → 3 (-2) [Q1 2025]

94% less call options, than puts

Call options by funds: $57K | Put options by funds: $994K