Builders FirstSource
BLDR
242 hedge funds and large institutions have $1.46B invested in Builders FirstSource in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 86 increasing their positions, 103 reducing their positions, and 71 closing their positions.
77% more call options, than puts
Call options by funds: $5.55M | Put options by funds: $3.13M
4.44% more ownership
Funds ownership: 96.75% → 101.18% (+4.4%)
16% less funds holding
Funds holding: 287 → 242 (-45)
17% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 103
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
49% less capital invested
Capital invested by funds: $2.84B → $1.46B (-$1.38B)
59% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Conifer Management
New York
|
+$71.8M |
| 2 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$58.9M |
| 3 |
Select Equity Group
New York
|
+$53.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$42.7M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$40M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
-$30.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$18.3M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$17.9M |
| 4 |
Two Sigma Investments
New York
|
-$15.4M |
| 5 |
Millennium Management
New York
|
-$12.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
301
Prelude Capital Management
New York
| – | -$114K | -4,500 | Closed |
|
|
HPC
302
HM Payson & Co
Portland,
Maine
| – | -$51K | -2,000 | Closed |
|
|
HI
303
Human Investing
Lake Oswego,
Oregon
| – | -$26K | -1,023 | Closed |
|
|
TRCT
304
Tower Research Capital (TRC)
New York
| – | -$15K | -605 | Closed |
|
|
RIA
305
Realta Investment Advisors
Wilmington,
Delaware
| – | -$4K | -150 | Closed |
|
|
JWA
306
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$3K | -125 | Closed |
|
|
FGAM
307
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$25K | -113 | Closed |
|
308
AssetMark Inc
Concord,
California
| – | -$2.03K | -90 | -77% |
|
|
ADL
309
Asset Dedication LLC
San Francisco,
California
| – | -$1K | -52 | Closed |
|
|
OPS
310
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$1K | -52 | Closed |
|
|
NICM
311
Neo Ivy Capital Management
New York
| – | -$1K | -25 | Closed |
|
|
FHA
312
First Horizon Advisors
Memphis,
Tennessee
| – | +$926 | +41 | New |
|
BLDR Hedge Fund Activity: Q1 2020 in Review
242 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2020, worth a combined $1.46B — down 49% from $2.84B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of BLDR and 29 opened new positions — a net loss of 42 holders — while 103 trimmed existing stakes and 86 added.
The largest buyer was Conifer Management, adding an estimated $71.8M. The largest seller was Towle & Co, exiting entirely with an estimated $30.2M sold.
- 242 institutional investors held Builders FirstSource (BLDR) as of Q1 2020, down from 287 in Q4 2019.
- Funds reported $1.46B of Builders FirstSource stock for Q1 2020, down 49% quarter-over-quarter.
- 29 funds opened new Builders FirstSource positions in Q1 2020 and 71 closed out, a net change of -42 holders.
- The largest Builders FirstSource buyer in Q1 2020 was Conifer Management, an estimated $71.8M added.
- The largest Builders FirstSource seller in Q1 2020 was Towle & Co, an estimated $30.2M sold.
Based on aggregated 13F filings for Q1 2020.