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Builders FirstSource

290 hedge funds and large institutions have $4.06B invested in Builders FirstSource in 2020 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 69 increasing their positions, 111 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

204% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 28

189% more call options, than puts

Call options by funds: $28.6M | Put options by funds: $9.91M

74% more capital invested

Capital invested by funds: $2.33B → $4.06B (+$1.72B)

45% more funds holding in top 10

Funds holding in top 10: 1116 (+5)

23% more funds holding

Funds holding: 235290 (+55)

10.75% more ownership

Funds ownership: 96.78%107.53% (+11%)

38% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 111

Holders
290
Holders Change
+55
Holders Change %
+23.4%
% of All Funds
5.85%
Holding in Top 10
16
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+45.45%
% of All Funds
0.32%
New
85
Increased
69
Reduced
111
Closed
28
Calls
$28.6M
Puts
$9.91M
Net Calls
+$18.7M
Net Calls Change
+$13.5M
Name Holding Trade Value Shares
Change
Change in
Stake
CCA
101
Catalyst Capital Advisors
New York
$4.15M +$3.45M +127,100 New
CS
102
Credit Suisse
Switzerland
$4.08M -$504K -18,562 -13%
Squarepoint
103
Squarepoint
New York
$4.01M +$320K +11,807 +11%
Luther King Capital Management (LKCM)
104
Luther King Capital Management (LKCM)
Texas
$3.97M -$1.56M -57,630 -32%
Citigroup
105
Citigroup
New York
$3.92M -$2.63K -97 -0.1%
RJA
106
Raymond James & Associates
Florida
$3.85M +$1.67M +61,659 +109%
MIM
107
MetLife Investment Management
New Jersey
$3.74M +$1.74M +64,097 +127%
TPSF
108
Texas Permanent School Fund
Texas
$3.56M +$2.96M +109,041 New
LG
109
Leuthold Group
Minnesota
$3.47M +$2.89M +106,443 New
New York State Teachers Retirement System (NYSTRS)
110
New York State Teachers Retirement System (NYSTRS)
New York
$3.39M +$2.55M +93,900 +939%
AWW
111
Alan W. Weber
$3.26M
AFWM
112
AMJ Financial Wealth Management
Virginia
$3.21M +$2.67M +98,436 New
HAI
113
Hennessy Advisors Inc
California
$3.16M -$109K -4,000 -4%
AC
114
AWH Capital
Texas
$3.16M
Barclays
115
Barclays
United Kingdom
$3.16M -$2.29M -84,335 -47%
MCM
116
MKP Capital Management
New York
$3.11M +$2.59M +95,250 New
DCM
117
Dupont Capital Management
Delaware
$2.83M +$829K +30,532 +54%
State of New Jersey Common Pension Fund D
118
State of New Jersey Common Pension Fund D
New Jersey
$2.8M -$522K -19,235 -18%
Robeco Institutional Asset Management
119
Robeco Institutional Asset Management
Netherlands
$2.71M -$825K -30,403 -27%
BNP Paribas Financial Markets
120
BNP Paribas Financial Markets
France
$2.63M -$10.5K -387 -0.5%
RCG
121
Ruane, Cunniff & Goldfarb
New York
$2.59M -$2.74K -101 -0.1%
Comerica Bank
122
Comerica Bank
Texas
$2.51M +$1.71M +62,981 +451%
Alyeska Investment Group
123
Alyeska Investment Group
Illinois
$2.47M +$2.05M +75,650 New
Sumitomo Mitsui Trust Group
124
Sumitomo Mitsui Trust Group
Japan
$2.42M -$708K -26,100 -26%
PI
125
Putnam Investments
Massachusetts
$2.41M -$160K -5,900 -7%

BLDR Hedge Fund Activity: Q3 2020 in Review

290 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q3 2020, worth a combined $4.06B — up 74% from $2.33B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new BLDR positions and 28 closed out — a net gain of 57 holders — while 69 added to existing stakes and 111 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $170M. The largest seller was Conifer Management, cutting an estimated $76M.

  • 290 institutional investors held Builders FirstSource (BLDR) as of Q3 2020, up from 235 in Q2 2020.
  • Funds reported $4.06B of Builders FirstSource stock for Q3 2020, up 74% quarter-over-quarter.
  • 85 funds opened new Builders FirstSource positions in Q3 2020 and 28 closed out, a net change of +57 holders.
  • The largest Builders FirstSource buyer in Q3 2020 was Fidelity Investments, an estimated $170M added.
  • The largest Builders FirstSource seller in Q3 2020 was Conifer Management, an estimated $76M sold.

Based on aggregated 13F filings for Q3 2020.