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Builders FirstSource

785 hedge funds and large institutions have $13.9B invested in Builders FirstSource in 2025 Q1 according to their latest regulatory filings, with 109 funds opening new positions, 300 increasing their positions, 293 reducing their positions, and 129 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more funds holding in top 10

Funds holding in top 10: 1316 (+3)

1.82% more ownership

Funds ownership: 94.51%96.33% (+1.8%)

2% more repeat investments, than reductions

Existing positions increased: 300 | Existing positions reduced: 293

7% less call options, than puts

Call options by funds: $145M | Put options by funds: $157M

4% less funds holding

Funds holding: 818785 (-33)

10% less capital invested

Capital invested by funds: $15.6B → $13.9B (-$1.63B)

16% less first-time investments, than exits

New positions opened: 109 | Existing positions closed: 129

Holders
785
Holders Change
-33
Holders Change %
-4.03%
% of All Funds
10.53%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.21%
New
109
Increased
300
Reduced
293
Closed
129
Calls
$145M
Puts
$157M
Net Calls
-$11.7M
Net Calls Change
+$9.51M
Name Holding Trade Value Shares
Change
Change in
Stake
TAM
101
Tocqueville Asset Management
New York
$19M +$4.25M +29,206 +24%
GAM
102
Gotham Asset Management
New York
$18.8M +$4.23M +29,046 +24%
WCM
103
Woodson Capital Management
Connecticut
$18.7M +$8.73M +60,000 +67%
TCM
104
Tran Capital Management
California
$18.2M +$13.4M +92,004 +171%
TD Asset Management
105
TD Asset Management
Ontario, Canada
$17.9M +$14.8M +101,594 +244%
Principal Financial Group
106
Principal Financial Group
Iowa
$17.2M -$141K -967 -0.7%
FAM
107
Fred Alger Management
New York
$16.7M -$18M -123,916 -48%
Hudson Bay Capital Management
108
Hudson Bay Capital Management
Connecticut
$16.4M +$8.75M +60,144 +85%
PAIM
109
Punch & Associates Investment Management
Minnesota
$15.3M +$1,000K +6,871 +6%
Canada Pension Plan Investment Board
110
Canada Pension Plan Investment Board
Ontario, Canada
$15.3M +$3.06M +21,054 +21%
BT
111
Banque Transatlantique
France
$15.1M -$3.89M -26,713 -18%
New York State Common Retirement Fund
112
New York State Common Retirement Fund
New York
$14.7M +$1.94M +13,364 +13%
AIM
113
Achmea Investment Management
Netherlands
$14.6M +$3.54M +24,360 +26%
State Board of Administration of Florida Retirement System
114
State Board of Administration of Florida Retirement System
Florida
$14.5M
HB
115
Hauser Brothers
Germany
$14.5M +$1.16M +8,000 +7%
New York State Teachers Retirement System (NYSTRS)
116
New York State Teachers Retirement System (NYSTRS)
New York
$14.5M -$2.62M -17,980 -13%
Parnassus Investments
117
Parnassus Investments
California
$13.5M +$15.7M +107,970 New
WT
118
Whittier Trust
California
$13.3M +$302K +2,075 +2%
IMRF
119
Illinois Municipal Retirement Fund
Illinois
$13.2M -$1.09M -7,488 -7%
DCP
120
Distillate Capital Partners
Illinois
$12.9M -$1.4M -9,600 -9%
1832 Asset Management
121
1832 Asset Management
Ontario, Canada
$12.8M +$820K +5,633 +6%
Franklin Resources
122
Franklin Resources
California
$12.8M +$6.38M +43,879 +75%
KA
123
KLCM Advisors
Wisconsin
$12.5M +$5.58M +38,346 +62%
SO
124
STRS Ohio
Ohio
$11.9M
RA
125
Royce & Associates
New York
$11.6M

BLDR Hedge Fund Activity: Q1 2025 in Review

785 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2025, worth a combined $13.9B — down 10% from $15.6B a quarter earlier.

Sellers outnumbered buyers: 129 funds closed out of BLDR and 109 opened new positions — a net loss of 20 holders — while 293 trimmed existing stakes and 300 added.

The largest buyer was Brave Warrior Advisors, opening a new position worth an estimated $181M. The largest seller was Pacer Advisors, cutting an estimated $212M.

  • 785 institutional investors held Builders FirstSource (BLDR) as of Q1 2025, down from 818 in Q4 2024.
  • Funds reported $13.9B of Builders FirstSource stock for Q1 2025, down 10% quarter-over-quarter.
  • 109 funds opened new Builders FirstSource positions in Q1 2025 and 129 closed out, a net change of -20 holders.
  • The largest Builders FirstSource buyer in Q1 2025 was Brave Warrior Advisors, an estimated $181M added.
  • The largest Builders FirstSource seller in Q1 2025 was Pacer Advisors, an estimated $212M sold.

Based on aggregated 13F filings for Q1 2025.