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Builders FirstSource

859 hedge funds and large institutions have $23.4B invested in Builders FirstSource in 2024 Q1 according to their latest regulatory filings, with 176 funds opening new positions, 287 increasing their positions, 310 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

245% more first-time investments, than exits

New positions opened: 176 | Existing positions closed: 51

20% more capital invested

Capital invested by funds: $19.6B → $23.4B (+$3.82B)

16% more funds holding

Funds holding: 743859 (+116)

13% more funds holding in top 10

Funds holding in top 10: 3135 (+4)

2% more call options, than puts

Call options by funds: $295M | Put options by funds: $290M

7% less repeat investments, than reductions

Existing positions increased: 287 | Existing positions reduced: 310

2.66% less ownership

Funds ownership: 94.97%92.3% (-2.7%)

Holders
859
Holders Change
+116
Holders Change %
+15.61%
% of All Funds
12.37%
Holding in Top 10
35
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+12.9%
% of All Funds
0.5%
New
176
Increased
287
Reduced
310
Closed
51
Calls
$295M
Puts
$290M
Net Calls
+$4.63M
Net Calls Change
+$185M
Name Holding Trade Value Shares
Change
Change in
Stake
DC
26
Dendur Capital
New York
$165M
UBS AM
27
UBS AM
Illinois
$162M -$6.33M -34,255 -4%
AIM
28
Artemis Investment Management
United Kingdom
$160M -$11.5M -62,340 -8%
Capital World Investors
29
Capital World Investors
California
$159M
Legal & General Group
30
Legal & General Group
United Kingdom
$156M -$5.15M -27,844 -4%
Charles Schwab
31
Charles Schwab
California
$152M +$8.42M +45,553 +7%
Deutsche Bank
32
Deutsche Bank
Germany
$150M +$25.7M +139,147 +24%
AQR Capital Management
33
AQR Capital Management
Connecticut
$137M -$99.5M -538,285 -45%
Caisse de Depot et Placement du Quebec (CDPQ)
34
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$136M +$9.69M +52,454 +9%
HSBC Holdings
35
HSBC Holdings
United Kingdom
$117M +$12.9M +69,983 +14%
LSV Asset Management
36
LSV Asset Management
Illinois
$109M -$2.79M -15,115 -3%
Citadel Advisors
37
Citadel Advisors
Florida
$109M +$89.8M +485,704 +1,371%
Millennium Management
38
Millennium Management
New York
$104M +$22.6M +122,440 +32%
American Century Companies
39
American Century Companies
Missouri
$104M +$64.8M +350,631 +236%
Balyasny Asset Management
40
Balyasny Asset Management
Illinois
$103M -$4.92M -26,643 -5%
OSAM
41
O'Shaughnessy Asset Management
Connecticut
$103M -$2.25M -12,148 -2%
T. Rowe Price Associates
42
T. Rowe Price Associates
Maryland
$101M -$5.17M -27,959 -5%
Robeco Institutional Asset Management
43
Robeco Institutional Asset Management
Netherlands
$99.2M +$452K +2,445 +0.5%
Arrowstreet Capital
44
Arrowstreet Capital
Massachusetts
$98M +$24.3M +131,220 +39%
Bessemer Group
45
Bessemer Group
New Jersey
$93.5M +$82.9M +448,407 +477,029%
Neuberger Berman Group
46
Neuberger Berman Group
New York
$86M -$7.21M -38,999 -9%
RR
47
Robotti Robert
$83.9M -$21.8M -117,813 -23%
Bank of America
48
Bank of America
North Carolina
$83.5M +$25.9M +140,332 +54%
Lord, Abbett & Co
49
Lord, Abbett & Co
New Jersey
$81.4M -$2.41M -13,046 -3%
Royal Bank of Canada
50
Royal Bank of Canada
Ontario, Canada
$80.4M -$406K -2,197 -0.6%

BLDR Hedge Fund Activity: Q1 2024 in Review

859 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2024, worth a combined $23.4B — up 20% from $19.6B a quarter earlier.

Buyers outnumbered sellers: 176 funds opened new BLDR positions and 51 closed out — a net gain of 125 holders — while 287 added to existing stakes and 310 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $430M. The largest seller was Wellington Management Group, cutting an estimated $418M.

  • 859 institutional investors held Builders FirstSource (BLDR) as of Q1 2024, up from 743 in Q4 2023.
  • Funds reported $23.4B of Builders FirstSource stock for Q1 2024, up 20% quarter-over-quarter.
  • 176 funds opened new Builders FirstSource positions in Q1 2024 and 51 closed out, a net change of +125 holders.
  • The largest Builders FirstSource buyer in Q1 2024 was Fidelity Investments, an estimated $430M added.
  • The largest Builders FirstSource seller in Q1 2024 was Wellington Management Group, an estimated $418M sold.

Based on aggregated 13F filings for Q1 2024.