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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
First Trust Advisors
76
First Trust Advisors
Illinois
$51.2M -$12.9M -69,713 -22%
UBS Group
77
UBS Group
Switzerland
$50.7M +$24.5M +132,554 +120%
Principal Financial Group
78
Principal Financial Group
Iowa
$50.3M +$6.32M +34,189 +17%
California Public Employees Retirement System
79
California Public Employees Retirement System
California
$48.4M -$2.6M -14,056 -6%
RhumbLine Advisers
80
RhumbLine Advisers
Massachusetts
$47.9M +$157K +851 +0.4%
Cerity Partners
81
Cerity Partners
New York
$47M +$12.5M +67,607 +43%
PAM
82
Panagora Asset Management
Massachusetts
$46.5M -$18.7M -101,169 -31%
Macquarie Group
83
Macquarie Group
Australia
$46.2M -$3.14M -17,003 -7%
Comerica Bank
84
Comerica Bank
Texas
$44.1M +$3.36M +18,183 +9%
Man Group
85
Man Group
United Kingdom
$43.7M +$4.66M +25,215 +14%
California State Teachers Retirement System (CalSTRS)
86
California State Teachers Retirement System (CalSTRS)
California
$43.4M +$417K +2,259 +1%
VOYA Investment Management
87
VOYA Investment Management
Georgia
$43M +$20.5M +110,763 +116%
GAM
88
Goldentree Asset Management
New York
$42.5M -$5.4M -29,200 -13%
CS
89
Credit Suisse
Switzerland
$42.4M -$3.25M -17,605 -8%
SC
90
Samlyn Capital
New York
$41.9M -$22.2M -120,029 -37%
SCA
91
Southpoint Capital Advisors
New York
$41.7M -$213M -1,150,000 -85%
Ensign Peak Advisors
92
Ensign Peak Advisors
Utah
$40.9M +$12.4M +67,009 +52%
Grantham, Mayo, Van Otterloo & Co (GMO)
93
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$40.7M -$10.4M -56,387 -22%
AAF
94
Andra AP-fonden
Sweden
$40.4M +$18.1M +97,800 +102%
Connor, Clark & Lunn Investment Management (CC&L)
95
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$38.3M +$18.5M +100,016 +120%
BNP Paribas Financial Markets
96
BNP Paribas Financial Markets
France
$37.9M +$5.25M +28,404 +19%
Fisher Asset Management
97
Fisher Asset Management
Washington
$37.4M -$7.18M -38,855 -18%
Assenagon Asset Management
98
Assenagon Asset Management
Luxembourg
$36.4M -$15.8M -85,255 -33%
National Pension Service
99
National Pension Service
South Korea
$36.2M -$4.01M -21,700 -11%
GCM
100
GoodHaven Capital Management
New Jersey
$35.6M

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.