Builders FirstSource
BLDR
107 hedge funds and large institutions have $616M invested in Builders FirstSource in 2014 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 31 increasing their positions, 37 reducing their positions, and 28 closing their positions.
6,960% more call options, than puts
Call options by funds: $353K | Put options by funds: $5K
31% more capital invested
Capital invested by funds: $469M → $616M (+$147M)
1% less funds holding
Funds holding: 108 → 107 (-1)
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
16% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 37
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.94M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$6.52M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$4.46M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$4.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$6.02M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$3.81M |
| 3 |
RR
Robotti Robert
|
-$3.75M |
| 4 |
Millennium Management
New York
|
-$2.06M |
| 5 |
Two Sigma Investments
New York
|
-$1.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HHC
126
Hutchin Hill Capital
New York
| – | -$116K | -16,300 | Closed |
|
|
VKH
127
Virtu KCG Holdings
New York
| – | -$100K | -14,031 | Closed |
|
|
JG
128
Jefferies Group
New York
| – | -$88K | -12,389 | Closed |
|
|
MC
129
Menta Capital
San Francisco,
California
| – | -$87K | -12,200 | Closed |
|
130
Verition Fund Management
Greenwich,
Connecticut
| – | -$78K | -10,978 | Closed |
|
131
Tudor Investment Corp
Stamford,
Connecticut
| – | -$72K | -10,102 | Closed |
|
132
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$51K | -7,173 | Closed |
|
|
HNB
133
Huntington National Bank
Columbus,
Ohio
| – | -$42K | -5,824 | Closed |
|
134
BNP Paribas Financial Markets
Paris,
France
| – | -$4.13K | -579 | Closed |
|
|
FNBT
135
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$1K | -132 | Closed |
|
BLDR Hedge Fund Activity: Q1 2014 in Review
107 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2014, worth a combined $616M — up 31% from $469M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BLDR and 27 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 31 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $11.6M. The largest seller was Stadium Capital Management, cutting an estimated $6.02M.
- 107 institutional investors held Builders FirstSource (BLDR) as of Q1 2014, down from 108 in Q4 2013.
- Funds reported $616M of Builders FirstSource stock for Q1 2014, up 31% quarter-over-quarter.
- 27 funds opened new Builders FirstSource positions in Q1 2014 and 28 closed out, a net change of -1 holder.
- The largest Builders FirstSource buyer in Q1 2014 was Fidelity Investments, an estimated $11.6M added.
- The largest Builders FirstSource seller in Q1 2014 was Stadium Capital Management, an estimated $6.02M sold.
Based on aggregated 13F filings for Q1 2014.