Builders FirstSource
BLDR
94 hedge funds and large institutions have $384M invested in Builders FirstSource in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 34 reducing their positions, and 18 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
1% less capital invested
Capital invested by funds: $388M → $384M (-$4M)
3% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 34
5% less funds holding
Funds holding: 99 → 94 (-5)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RR
Robotti Robert
|
+$7.65M |
| 2 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$4.16M |
| 3 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
+$3.4M |
| 4 |
NCM
Newland Capital Management
New York
|
+$1.91M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Pier Capital
Stamford,
Connecticut
|
-$6.31M |
| 2 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$2.12M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
-$1.8M |
| 4 |
EWP
Edmunds White Partners
Richmond,
Virginia
|
-$1.69M |
| 5 |
WSA
Wall Street Associates
Lajolla,
California
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Two Sigma Advisers
New York
| – | -$264K | -44,234 | Closed |
|
|
DC
102
Deere & Company
Moline,
Illinois
| – | -$190K | -31,748 | Closed |
|
103
Nomura Holdings
Tokyo,
Japan
| – | -$163K | -27,169 | Closed |
|
|
EMG
104
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$145K | -24,200 | Closed |
|
105
Principal Financial Group
Des Moines,
Iowa
| – | -$139K | -23,225 | Closed |
|
|
SCA
106
SAC Capital Advisors
Stamford,
Connecticut
| – | -$137K | -22,933 | Closed |
|
|
MAA
107
Managed Account Advisors
Jersey City,
New Jersey
| – | -$122K | -20,457 | Closed |
|
|
HHC
108
Hutchin Hill Capital
New York
| – | -$101K | -16,900 | Closed |
|
|
TU
109
TDAM USA
Toronto,
Ontario, Canada
| – | -$75K | -12,482 | Closed |
|
|
CCM
110
Coe Capital Management
Highland Park,
Illinois
| – | -$69K | -11,689 | Closed |
|
111
Group One Trading
Chicago,
Illinois
| – | -$67.8K | -11,353 | Closed |
|
|
LTFS
112
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -137 | Closed |
|
BLDR Hedge Fund Activity: Q3 2013 in Review
94 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q3 2013, worth a combined $384M — down 1% from $388M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BLDR and 14 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 33 added.
The largest buyer was Robotti Robert, adding an estimated $7.65M. The largest seller was Pier Capital, exiting entirely with an estimated $6.31M sold.
- 94 institutional investors held Builders FirstSource (BLDR) as of Q3 2013, down from 99 in Q2 2013.
- Funds reported $384M of Builders FirstSource stock for Q3 2013, down 1% quarter-over-quarter.
- 14 funds opened new Builders FirstSource positions in Q3 2013 and 18 closed out, a net change of -4 holders.
- The largest Builders FirstSource buyer in Q3 2013 was Robotti Robert, an estimated $7.65M added.
- The largest Builders FirstSource seller in Q3 2013 was Pier Capital, an estimated $6.31M sold.
Based on aggregated 13F filings for Q3 2013.