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Builders FirstSource

166 hedge funds and large institutions have $980M invested in Builders FirstSource in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 65 increasing their positions, 48 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 48

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

1% less capital invested

Capital invested by funds: $990M → $980M (-$9.91M)

4% less funds holding

Funds holding: 173166 (-7)

12% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 34

41% less call options, than puts

Call options by funds: $1.34M | Put options by funds: $2.27M

Holders
166
Holders Change
-7
Holders Change %
-4.05%
% of All Funds
4.42%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.27%
New
30
Increased
65
Reduced
48
Closed
34
Calls
$1.34M
Puts
$2.27M
Net Calls
-$933K
Net Calls Change
+$7.16M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$8.48M -$9.14M -1,055,257 -58%
Wellington Management Group
27
Wellington Management Group
Massachusetts
$8.12M -$12.5M -1,439,124 -67%
KCP
28
Kortright Capital Partners
New York
$8.02M -$217K -25,000 -3%
Northern Trust
29
Northern Trust
Illinois
$7.2M +$157K +18,127 +3%
EL
30
Elberon LLC
Texas
$7.04M
KCM
31
Kennedy Capital Management
Missouri
$6.94M -$1.14M -131,681 -18%
RA
32
Royce & Associates
New York
$6.59M +$2.71M +313,200 +115%
AAM
33
ACK Asset Management
Connecticut
$6.35M +$4.88M +563,700 New
LCM
34
Lomas Capital Management
New York
$6.34M +$4.88M +563,000 New
SC
35
Spitfire Capital
California
$5.93M +$4.56M +525,941 New
NGA
36
New Generation Advisors
Massachusetts
$5.78M +$1.15M +133,000 +35%
Deutsche Bank
37
Deutsche Bank
Germany
$5.4M +$1.67M +192,747 +67%
RCM
38
Redwood Capital Management
New York
$5.07M
MCM
39
Marcato Capital Management
California
$4.68M +$2.56M +295,000 +246%
PWAM
40
Park West Asset Management
California
$4.6M +$3.54M +408,140 New
LSC
41
Lyon Street Capital
California
$4.27M +$3.28M +378,985 New
CCM
42
Coe Capital Management
Illinois
$4.22M +$3.24M +374,057 New
BNP Paribas Asset Management
43
BNP Paribas Asset Management
France
$4.19M -$676K -78,032 -17%
PP
44
Prudential plc
United Kingdom
$3.94M +$866K +100,000 +40%
Bank of New York Mellon
45
Bank of New York Mellon
New York
$3.84M +$618K +71,331 +26%
Invesco
46
Invesco
Georgia
$3.81M +$760K +87,783 +35%
PAMU
47
Pictet Asset Management (UK)
United Kingdom
$3.78M -$1.75M -201,473 -30%
MVM
48
McClain Value Management
Connecticut
$3.63M -$2M -230,989 -42%
HCM
49
Hodges Capital Management
Texas
$3.57M -$130K -15,000 -5%
BCM
50
Basswood Capital Management
New York
$3.31M

BLDR Hedge Fund Activity: Q1 2016 in Review

166 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2016, worth a combined $980M — down 1% from $990M a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of BLDR and 30 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 65 added.

The largest buyer was Stadium Capital Management, adding an estimated $32.3M. The largest seller was BAMCO Inc, exiting entirely with an estimated $49.7M sold.

  • 166 institutional investors held Builders FirstSource (BLDR) as of Q1 2016, down from 173 in Q4 2015.
  • Funds reported $980M of Builders FirstSource stock for Q1 2016, down 1% quarter-over-quarter.
  • 30 funds opened new Builders FirstSource positions in Q1 2016 and 34 closed out, a net change of -4 holders.
  • The largest Builders FirstSource buyer in Q1 2016 was Stadium Capital Management, an estimated $32.3M added.
  • The largest Builders FirstSource seller in Q1 2016 was BAMCO Inc, an estimated $49.7M sold.

Based on aggregated 13F filings for Q1 2016.