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Builders FirstSource

774 hedge funds and large institutions have $15.1B invested in Builders FirstSource in 2024 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 302 increasing their positions, 307 reducing their positions, and 162 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $228M | Put options by funds: $190M

2% less repeat investments, than reductions

Existing positions increased: 302 | Existing positions reduced: 307

2.94% less ownership

Funds ownership: 92.3%89.36% (-2.9%)

10% less funds holding

Funds holding: 859774 (-85)

35% less capital invested

Capital invested by funds: $23.4B → $15.1B (-$8.29B)

44% less first-time investments, than exits

New positions opened: 90 | Existing positions closed: 162

49% less funds holding in top 10

Funds holding in top 10: 3518 (-17)

Holders
774
Holders Change
-85
Holders Change %
-9.9%
% of All Funds
11.18%
Holding in Top 10
18
Holding in Top 10 Change
-17
Holding in Top 10 Change %
-48.57%
% of All Funds
0.26%
New
90
Increased
302
Reduced
307
Closed
162
Calls
$228M
Puts
$190M
Net Calls
+$38.1M
Net Calls Change
+$33.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Teacher Retirement System of Texas
101
Teacher Retirement System of Texas
Texas
$21.5M +$937K +5,522 +4%
TSW
102
Thompson Siegel & Walmsley
Virginia
$21.4M +$4.88M +28,763 +23%
Citigroup
103
Citigroup
New York
$21.3M -$76.7K -452 -0.3%
New York State Teachers Retirement System (NYSTRS)
104
New York State Teachers Retirement System (NYSTRS)
New York
$21.1M -$476K -2,803 -2%
WCM
105
Woodson Capital Management
Connecticut
$20.8M +$6.37M +37,500 +33%
Millennium Management
106
Millennium Management
New York
$20.6M -$59.8M -352,184 -70%
Envestnet Asset Management
107
Envestnet Asset Management
Illinois
$20.2M +$2.15M +12,693 +10%
Principal Financial Group
108
Principal Financial Group
Iowa
$20.1M -$16.3M -95,890 -40%
Allianz Asset Management
109
Allianz Asset Management
Germany
$19.6M +$599K +3,527 +3%
State Board of Administration of Florida Retirement System
110
State Board of Administration of Florida Retirement System
Florida
$19.2M +$551K +3,247 +2%
Royal Bank of Canada
111
Royal Bank of Canada
Ontario, Canada
$18.8M -$42.3M -249,294 -65%
GAM
112
Gotham Asset Management
New York
$18.8M +$2.9M +17,093 +14%
Cerity Partners
113
Cerity Partners
New York
$18.4M -$15.7M -92,346 -41%
VNIM
114
Vaughan Nelson Investment Management
Texas
$17.6M +$18.9M +111,240 +687%
A
115
AustralianSuper
Australia
$16.9M -$1.6M -9,417 -7%
IMRF
116
Illinois Municipal Retirement Fund
Illinois
$16.9M +$2.89M +17,011 +16%
PI
117
PEAK6 Investments
Illinois
$16.4M +$20.2M +118,787 New
Bank of Montreal
118
Bank of Montreal
Ontario, Canada
$16.3M -$3.13M -18,429 -14%
RJFSA
119
Raymond James Financial Services Advisors
Florida
$16.1M +$3.09M +18,223 +19%
PAIM
120
Punch & Associates Investment Management
Minnesota
$15.9M +$2.13M +12,539 +12%
Stifel Financial
121
Stifel Financial
Missouri
$15.6M +$4.8M +28,302 +33%
WT
122
Whittier Trust
California
$15.5M -$535K -3,152 -3%
RJA
123
Raymond James & Associates
Florida
$14.8M -$9.61M -56,595 -35%
CM
124
Cercano Management
Washington
$14.8M +$18.2M +106,921 New
DCP
125
Distillate Capital Partners
Illinois
$14.8M +$18.1M +106,577 +129,972%

BLDR Hedge Fund Activity: Q2 2024 in Review

774 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q2 2024, worth a combined $15.1B — down 35% from $23.4B a quarter earlier.

Sellers outnumbered buyers: 162 funds closed out of BLDR and 90 opened new positions — a net loss of 72 holders — while 307 trimmed existing stakes and 302 added.

The largest buyer was Fidelity Investments, adding an estimated $368M. The largest seller was Wellington Management Group, cutting an estimated $282M.

  • 774 institutional investors held Builders FirstSource (BLDR) as of Q2 2024, down from 859 in Q1 2024.
  • Funds reported $15.1B of Builders FirstSource stock for Q2 2024, down 35% quarter-over-quarter.
  • 90 funds opened new Builders FirstSource positions in Q2 2024 and 162 closed out, a net change of -72 holders.
  • The largest Builders FirstSource buyer in Q2 2024 was Fidelity Investments, an estimated $368M added.
  • The largest Builders FirstSource seller in Q2 2024 was Wellington Management Group, an estimated $282M sold.

Based on aggregated 13F filings for Q2 2024.