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Builders FirstSource

743 hedge funds and large institutions have $19.6B invested in Builders FirstSource in 2023 Q4 according to their latest regulatory filings, with 141 funds opening new positions, 256 increasing their positions, 276 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

127% more first-time investments, than exits

New positions opened: 141 | Existing positions closed: 62

72% more funds holding in top 10

Funds holding in top 10: 1831 (+13)

34% more capital invested

Capital invested by funds: $14.6B → $19.6B (+$4.99B)

10% more funds holding

Funds holding: 673743 (+70)

1.89% more ownership

Funds ownership: 93.07%94.97% (+1.9%)

7% less repeat investments, than reductions

Existing positions increased: 256 | Existing positions reduced: 276

36% less call options, than puts

Call options by funds: $324M | Put options by funds: $504M

Holders
743
Holders Change
+70
Holders Change %
+10.4%
% of All Funds
10.83%
Holding in Top 10
31
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+72.22%
% of All Funds
0.45%
New
141
Increased
256
Reduced
276
Closed
62
Calls
$324M
Puts
$504M
Net Calls
-$181M
Net Calls Change
+$17.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Grantham, Mayo, Van Otterloo & Co (GMO)
76
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$42M -$4.17M -31,376 -11%
California Public Employees Retirement System
77
California Public Employees Retirement System
California
$41.1M -$2.23M -16,807 -6%
Renaissance Technologies
78
Renaissance Technologies
New York
$40.7M -$14.3M -107,941 -31%
Macquarie Group
79
Macquarie Group
Australia
$39.8M +$15.4M +115,617 +94%
SSA
80
Schonfeld Strategic Advisors
New York
$39.8M +$21.9M +164,959 +225%
GAM
81
Goldentree Asset Management
New York
$38.9M -$21.4M -161,387 -41%
Susquehanna International Group
82
Susquehanna International Group
Pennsylvania
$38.4M +$29.9M +225,103 +4,868%
RhumbLine Advisers
83
RhumbLine Advisers
Massachusetts
$38.2M -$20M -150,692 -40%
Franklin Resources
84
Franklin Resources
California
$37.5M +$1.47M +11,060 +5%
CS
85
Credit Suisse
Switzerland
$36.9M +$936K +7,041 +3%
Russell Investments Group
86
Russell Investments Group
United Kingdom
$36.6M -$4.43M -33,330 -13%
Fisher Asset Management
87
Fisher Asset Management
Washington
$36.5M -$1.06M -8,003 -4%
Victory Capital Management
88
Victory Capital Management
Texas
$35.6M +$8.32M +62,601 +42%
Principal Financial Group
89
Principal Financial Group
Iowa
$34.6M -$35.5M -267,442 -56%
California State Teachers Retirement System (CalSTRS)
90
California State Teachers Retirement System (CalSTRS)
California
$34.4M -$851K -6,407 -3%
Schroder Investment Management Group
91
Schroder Investment Management Group
United Kingdom
$34.1M -$21.4M -160,734 -44%
National Pension Service
92
National Pension Service
South Korea
$32.6M
Comerica Bank
93
Comerica Bank
Texas
$32.3M -$2M -15,035 -7%
Man Group
94
Man Group
United Kingdom
$30.8M +$24.5M +184,325 New
CC
95
Cartenna Capital
Connecticut
$30M +$23.9M +180,000 New
DCM
96
Driehaus Capital Management
Illinois
$29.4M +$12.9M +96,960 +123%
GCM
97
GoodHaven Capital Management
New Jersey
$28.5M -$193K -1,450 -0.8%
JCM
98
JS Capital Management
New York
$28.4M +$22.6M +170,000 New
Teacher Retirement System of Texas
99
Teacher Retirement System of Texas
Texas
$28.2M -$15.8M -118,590 -41%
BNP Paribas Asset Management
100
BNP Paribas Asset Management
France
$26.7M -$1.64M -12,342 -7%

BLDR Hedge Fund Activity: Q4 2023 in Review

743 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q4 2023, worth a combined $19.6B — up 34% from $14.6B a quarter earlier.

Buyers outnumbered sellers: 141 funds opened new BLDR positions and 62 closed out — a net gain of 79 holders — while 256 added to existing stakes and 276 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $276M. The largest seller was BlackRock, cutting an estimated $555M.

  • 743 institutional investors held Builders FirstSource (BLDR) as of Q4 2023, up from 673 in Q3 2023.
  • Funds reported $19.6B of Builders FirstSource stock for Q4 2023, up 34% quarter-over-quarter.
  • 141 funds opened new Builders FirstSource positions in Q4 2023 and 62 closed out, a net change of +79 holders.
  • The largest Builders FirstSource buyer in Q4 2023 was Morgan Stanley, an estimated $276M added.
  • The largest Builders FirstSource seller in Q4 2023 was BlackRock, an estimated $555M sold.

Based on aggregated 13F filings for Q4 2023.