Builders FirstSource
BLDR
543 hedge funds and large institutions have $11.5B invested in Builders FirstSource in 2023 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 160 increasing their positions, 223 reducing their positions, and 68 closing their positions.
46% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 68
32% more capital invested
Capital invested by funds: $8.74B → $11.5B (+$2.77B)
15% more funds holding in top 10
Funds holding in top 10: 20 → 23 (+3)
5% more funds holding
Funds holding: 517 → 543 (+26)
0.37% less ownership
Funds ownership: 94.56% → 94.19% (-0.37%)
28% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 223
56% less call options, than puts
Call options by funds: $101M | Put options by funds: $230M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$61.4M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$57.9M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$39.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$38.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$35.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
-$233M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$79.1M |
| 3 |
CM
Conifer Management
New York
|
-$63.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$47M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.4M |
BLDR Hedge Fund Activity: Q1 2023 in Review
543 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2023, worth a combined $11.5B — up 32% from $8.74B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new BLDR positions and 68 closed out — a net gain of 31 holders — while 160 added to existing stakes and 223 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $61.4M. The largest seller was Coliseum Capital Management, exiting entirely with an estimated $233M sold.
- 543 institutional investors held Builders FirstSource (BLDR) as of Q1 2023, up from 517 in Q4 2022.
- Funds reported $11.5B of Builders FirstSource stock for Q1 2023, up 32% quarter-over-quarter.
- 99 funds opened new Builders FirstSource positions in Q1 2023 and 68 closed out, a net change of +31 holders.
- The largest Builders FirstSource buyer in Q1 2023 was Envestnet Asset Management, an estimated $61.4M added.
- The largest Builders FirstSource seller in Q1 2023 was Coliseum Capital Management, an estimated $233M sold.
Based on aggregated 13F filings for Q1 2023.