Builders FirstSource
BLDR
213 hedge funds and large institutions have $1.17B invested in Builders FirstSource in 2018 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 74 increasing their positions, 69 reducing their positions, and 50 closing their positions.
45% more call options, than puts
Call options by funds: $7.2M | Put options by funds: $4.96M
7% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 69
0.61% more ownership
Funds ownership: 95.09% → 95.71% (+0.61%)
4% less funds holding
Funds holding: 222 → 213 (-9)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
14% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 50
27% less capital invested
Capital invested by funds: $1.6B → $1.17B (-$431M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$21.4M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$19.9M |
| 3 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$13.9M |
| 4 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$13.2M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMVA
New Mountain Vantage Advisers
New York
|
-$38.9M |
| 2 |
LCM
Lakewood Capital Management
New York
|
-$21.2M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$18.3M |
| 4 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$13.4M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$9.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
251
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$41K | -2,800 | Closed |
|
|
RCAG
252
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$8.13K | -554 | Closed |
|
|
APP
253
Avantax Planning Partners
Dubuque,
Iowa
| – | -$5K | -308 | Closed |
|
254
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$4K | -300 | Closed |
|
|
OWA
255
One Wealth Advisors
San Francisco,
California
| – | -$4K | -259 | Closed |
|
|
VFA
256
Valeo Financial Advisors
Carmel,
Indiana
| – | -$2K | -156 | Closed |
|
|
SPIA
257
Steward Partners Investment Advisory
New York
| – | -$2K | -130 | Closed |
|
|
TWA
258
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -102 | Closed |
|
|
WSTAM
259
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$1K | -88 | Closed |
|
|
MOS
260
MGO One Seven
Beachwood,
Ohio
| – | +$201 | +16 | New |
|
|
FTI
261
Fiduciary Trust International
Lincoln,
Massachusetts
| – | +$251 | +20 | New |
|
BLDR Hedge Fund Activity: Q4 2018 in Review
213 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q4 2018, worth a combined $1.17B — down 27% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of BLDR and 43 opened new positions — a net loss of 7 holders — while 69 trimmed existing stakes and 74 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $21.4M. The largest seller was New Mountain Vantage Advisers, exiting entirely with an estimated $38.9M sold.
- 213 institutional investors held Builders FirstSource (BLDR) as of Q4 2018, down from 222 in Q3 2018.
- Funds reported $1.17B of Builders FirstSource stock for Q4 2018, down 27% quarter-over-quarter.
- 43 funds opened new Builders FirstSource positions in Q4 2018 and 50 closed out, a net change of -7 holders.
- The largest Builders FirstSource buyer in Q4 2018 was Towle & Co, an estimated $21.4M added.
- The largest Builders FirstSource seller in Q4 2018 was New Mountain Vantage Advisers, an estimated $38.9M sold.
Based on aggregated 13F filings for Q4 2018.