Builders FirstSource
BLDR
673 hedge funds and large institutions have $14.6B invested in Builders FirstSource in 2023 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 221 increasing their positions, 287 reducing their positions, and 69 closing their positions.
23% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 69
2% more funds holding
Funds holding: 661 → 673 (+12)
0.5% more ownership
Funds ownership: 92.58% → 93.07% (+0.5%)
10% less capital invested
Capital invested by funds: $16.1B → $14.6B (-$1.57B)
23% less repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 287
28% less funds holding in top 10
Funds holding in top 10: 25 → 18 (-7)
41% less call options, than puts
Call options by funds: $284M | Put options by funds: $482M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$136M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$121M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$76.8M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$74.3M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$59.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$238M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$142M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$135M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$75.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$65.3M |
BLDR Hedge Fund Activity: Q3 2023 in Review
673 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q3 2023, worth a combined $14.6B — down 9.7% from $16.1B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new BLDR positions and 69 closed out — a net gain of 16 holders — while 221 added to existing stakes and 287 trimmed.
The largest buyer was BlackRock, adding an estimated $136M. The largest seller was Fidelity Investments, cutting an estimated $238M.
- 673 institutional investors held Builders FirstSource (BLDR) as of Q3 2023, up from 661 in Q2 2023.
- Funds reported $14.6B of Builders FirstSource stock for Q3 2023, down 9.7% quarter-over-quarter.
- 85 funds opened new Builders FirstSource positions in Q3 2023 and 69 closed out, a net change of +16 holders.
- The largest Builders FirstSource buyer in Q3 2023 was BlackRock, an estimated $136M added.
- The largest Builders FirstSource seller in Q3 2023 was Fidelity Investments, an estimated $238M sold.
Based on aggregated 13F filings for Q3 2023.