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Builders FirstSource

120 hedge funds and large institutions have $508M invested in Builders FirstSource in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 36 increasing their positions, 41 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,331% more call options, than puts

Call options by funds: $372K | Put options by funds: $26K

108% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 12

12% more funds holding

Funds holding: 107120 (+13)

12% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 41

17% less capital invested

Capital invested by funds: $616M → $508M (-$107M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
120
Holders Change
+13
Holders Change %
+12.15%
% of All Funds
3.45%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
25
Increased
36
Reduced
41
Closed
12
Calls
$372K
Puts
$26K
Net Calls
+$346K
Net Calls Change
-$2K
Name Holding Trade Value Shares
Change
Change in
Stake
Creative Planning
101
Creative Planning
Kansas
$76K +$78.6K +10,100 New
AllianceBernstein
102
AllianceBernstein
Tennessee
$73K -$99.7K -12,800 -57%
Wells Fargo
103
Wells Fargo
California
$45K +$25.3K +3,249 +116%
Citigroup
104
Citigroup
New York
$40K -$110K -14,187 -72%
ARC
105
Absolute Return Capital
Massachusetts
$34K +$35.8K +4,595 New
MFS
106
MSI Financial Services
Massachusetts
$32K -$1.57K -202 -5%
VFA
107
Virtus Fund Advisers
Connecticut
$29K +$30.3K +3,896 New
Bank of America
108
Bank of America
North Carolina
$27K +$25.3K +3,246 +899%
BG
109
BlackRock Group
United Kingdom
$20K +$21.2K +2,729 New
U
110
UBS
Switzerland
$15K
Teacher Retirement System of Texas
111
Teacher Retirement System of Texas
Texas
$14K
BlackRock
112
BlackRock
New York
$9K
Bank of Montreal
113
Bank of Montreal
Ontario, Canada
$9K +$8.88K +1,140 New
GT
114
Glenmede Trust
Pennsylvania
$6K -$1.32K -170 -17%
LTFS
115
Ladenburg Thalmann Financial Services
Florida
$5K
Group One Trading
116
Group One Trading
Illinois
$4K -$15.6K -2,000 -80%
TRCT
117
Tower Research Capital (TRC)
New York
$1K -$27.4K -3,523 -95%
PNC Financial Services Group
118
PNC Financial Services Group
Pennsylvania
$1K
GSC
119
Ground Swell Capital
South Carolina
$1K +$779 +100 New
BNP Paribas Financial Markets
120
BNP Paribas Financial Markets
France
$755 +$786 +101 New
Lord, Abbett & Co
121
Lord, Abbett & Co
New Jersey
-$8.91M -978,590 Closed
Neuberger Berman Group
122
Neuberger Berman Group
New York
-$2.01M -221,392 Closed
HOAM
123
Halcyon Offshore Asset Management
New York
-$1.55M -170,000 Closed
ACM
124
Afton Capital Management
North Carolina
-$1.47M -161,772 Closed
OAM
125
Oxford Asset Management
United Kingdom
-$867K -95,160 Closed

BLDR Hedge Fund Activity: Q2 2014 in Review

120 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q2 2014, worth a combined $508M — down 17% from $616M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new BLDR positions and 12 closed out — a net gain of 13 holders — while 36 added to existing stakes and 41 trimmed.

The largest buyer was BAMCO Inc, adding an estimated $9.52M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $8.91M sold.

  • 120 institutional investors held Builders FirstSource (BLDR) as of Q2 2014, up from 107 in Q1 2014.
  • Funds reported $508M of Builders FirstSource stock for Q2 2014, down 17% quarter-over-quarter.
  • 25 funds opened new Builders FirstSource positions in Q2 2014 and 12 closed out, a net change of +13 holders.
  • The largest Builders FirstSource buyer in Q2 2014 was BAMCO Inc, an estimated $9.52M added.
  • The largest Builders FirstSource seller in Q2 2014 was Lord, Abbett & Co, an estimated $8.91M sold.

Based on aggregated 13F filings for Q2 2014.