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Builders FirstSource

859 hedge funds and large institutions have $23.4B invested in Builders FirstSource in 2024 Q1 according to their latest regulatory filings, with 176 funds opening new positions, 287 increasing their positions, 310 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

245% more first-time investments, than exits

New positions opened: 176 | Existing positions closed: 51

20% more capital invested

Capital invested by funds: $19.6B → $23.4B (+$3.82B)

16% more funds holding

Funds holding: 743859 (+116)

13% more funds holding in top 10

Funds holding in top 10: 3135 (+4)

2% more call options, than puts

Call options by funds: $295M | Put options by funds: $290M

7% less repeat investments, than reductions

Existing positions increased: 287 | Existing positions reduced: 310

2.66% less ownership

Funds ownership: 94.97%92.3% (-2.7%)

Holders
859
Holders Change
+116
Holders Change %
+15.61%
% of All Funds
12.37%
Holding in Top 10
35
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+12.9%
% of All Funds
0.5%
New
176
Increased
287
Reduced
310
Closed
51
Calls
$295M
Puts
$290M
Net Calls
+$4.63M
Net Calls Change
+$185M
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
101
Raymond James & Associates
Florida
$34.1M +$6.42M +34,745 +27%
KBC Group
102
KBC Group
Belgium
$32.4M +$10.7M +57,817 +59%
New York State Teachers Retirement System (NYSTRS)
103
New York State Teachers Retirement System (NYSTRS)
New York
$32.4M -$528K -2,855 -2%
SCM
104
Stadium Capital Management
Connecticut
$32.3M
Citigroup
105
Citigroup
New York
$32.2M +$4.97M +26,890 +21%
State of Wisconsin Investment Board
106
State of Wisconsin Investment Board
Wisconsin
$32M +$14.3M +77,462 +102%
Korea Investment Corp
107
Korea Investment Corp
South Korea
$31.9M -$656K -3,551 -2%
Teacher Retirement System of Texas
108
Teacher Retirement System of Texas
Texas
$31.2M -$3.62M -19,569 -12%
Wells Fargo
109
Wells Fargo
California
$30.4M +$1.11M +6,012 +4%
Mitsubishi UFJ Asset Management
110
Mitsubishi UFJ Asset Management
Japan
$30.1M +$4.35M +23,562 +19%
RA
111
Royce & Associates
New York
$29M -$2M -10,795 -7%
Allianz Asset Management
112
Allianz Asset Management
Germany
$28.8M +$1.81M +9,816 +8%
Bank of Montreal
113
Bank of Montreal
Ontario, Canada
$28.5M +$3.21M +17,379 +15%
Envestnet Asset Management
114
Envestnet Asset Management
Illinois
$27.9M +$803K +4,347 +3%
A
115
AustralianSuper
Australia
$27.1M +$2.54M +13,734 +12%
BA
116
Bridgewater Associates
Connecticut
$26.7M -$3.42M -18,530 -13%
TSW
117
Thompson Siegel & Walmsley
Virginia
$26.2M -$3.55M -19,233 -13%
RPI
118
Railway Pension Investments
United Kingdom
$26.1M
SI
119
Scout Investments
Missouri
$25.7M +$2.1M +11,388 +10%
1832 Asset Management
120
1832 Asset Management
Ontario, Canada
$25.3M +$884K +4,783 +4%
Adage Capital Partners
121
Adage Capital Partners
Massachusetts
$25.2M +$203K +1,100 +0.9%
GAM
122
Gotham Asset Management
New York
$24.8M +$10.3M +55,599 +88%
WT
123
Whittier Trust
California
$24M +$839K +4,539 +4%
IIM
124
INTECH Investment Management
Florida
$23.6M +$16.6M +89,683 +380%
WCM
125
Woodson Capital Management
Connecticut
$23.5M -$2.49M -13,500 -11%

BLDR Hedge Fund Activity: Q1 2024 in Review

859 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2024, worth a combined $23.4B — up 20% from $19.6B a quarter earlier.

Buyers outnumbered sellers: 176 funds opened new BLDR positions and 51 closed out — a net gain of 125 holders — while 287 added to existing stakes and 310 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $430M. The largest seller was Wellington Management Group, cutting an estimated $418M.

  • 859 institutional investors held Builders FirstSource (BLDR) as of Q1 2024, up from 743 in Q4 2023.
  • Funds reported $23.4B of Builders FirstSource stock for Q1 2024, up 20% quarter-over-quarter.
  • 176 funds opened new Builders FirstSource positions in Q1 2024 and 51 closed out, a net change of +125 holders.
  • The largest Builders FirstSource buyer in Q1 2024 was Fidelity Investments, an estimated $430M added.
  • The largest Builders FirstSource seller in Q1 2024 was Wellington Management Group, an estimated $418M sold.

Based on aggregated 13F filings for Q1 2024.