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 |
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.