
What smart money is saying about GMS Inc.
1 fund in our archive has pitched GMS Inc., most recently Madison Small Cap Fund in June 2025.
GMS Inc. distributes wallboard, ceilings, steel framing and complementary construction products in the United States and Canada. The company offers ceilings products, including suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and various other commercial and institutional buildings. It also provides steel framing products, such as steel tracks, studs, and various other steel products used to frame the interior walls of a commercial or institutional building; and insulation, lumber and other wood products, ready-mix joint compound, and various other interior construction products, as well as ancillary products comprising tools, fasteners, and safety products. In addition, the company distributes acoustical ceilings, steel framing, insulation, and related building products, as well as commercial and residential building materials. It serves professional contractors and homebuilders. As of April 30, 2022, the company operated 300 branches across 44 states and the District of Columbia, as well as 6 provinces in Canada. It also operates a network of approximately 300 distribution centers. GMS Inc. was founded in 1971 and is headquartered in Tucker, Georgia.
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Position history
Every position in GMS Inc. on record in the archive was reported in Q2 2025, across 2 fund letters, with 2 buys (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2025 | 2 | 2 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 2 positions · 2 moves
- New positionAMG River Road Small Mid Cap Value FundJune 2025
Listed in AMG River Road Small Mid Cap Value Fund’s reported holdings.
GMS Inc. - New positionMadison Small Cap FundJune 2025
“GMS, Inc. (GMS) GMS Inc.”
GMS Inc.
Also mentioned · 1
These funds discuss GMS Inc. as a competitor, benchmark or comparable, without disclosing a position in it.
- MentionedAndbank Azagala Gestión Boutique VII AzagalaJune 2026
“Eso no significa ignorar los riesgos. La estrategia depende de que el flujo de adquisiciones e integraciones continúe a buen ritmo y a múltiplos razonables, en un entorno donde competidores con bolsillos profundos, como Home Depot, ya han frustrado algún objetivo de compra de QXO, el caso de GMS, perdido frente a una oferta superior de Home Depot en 2025.”
GMS Inc.
Fund coverage · 1 thesis
- Madison Small Cap FundJune 2025
GMS Inc. is the leading specialty distributor of building products with over $5.5 billion in TTM revenues and a significant market share, positioned for growth through strategic acquisitions and capital deployment.
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