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Builders FirstSource

231 hedge funds and large institutions have $1.98B invested in Builders FirstSource in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 81 increasing their positions, 87 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

313% more call options, than puts

Call options by funds: $13.2M | Put options by funds: $3.18M

7% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 87

3.38% less ownership

Funds ownership: 97.64%94.26% (-3.4%)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

11% less capital invested

Capital invested by funds: $2.21B → $1.98B (-$235M)

14% less funds holding

Funds holding: 269231 (-38)

64% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 53

Holders
231
Holders Change
-38
Holders Change %
-14.13%
% of All Funds
5.29%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.23%
New
19
Increased
81
Reduced
87
Closed
53
Calls
$13.2M
Puts
$3.18M
Net Calls
+$9.97M
Net Calls Change
+$4.99M
Name Holding Trade Value Shares
Change
Change in
Stake
SRAM
126
Stone Ridge Asset Management
New York
$1.01M
ZCM
127
Zebra Capital Management
Connecticut
$964K +$162K +8,472 +19%
Citigroup
128
Citigroup
New York
$932K -$60.1K -3,143 -6%
AIMCA
129
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$929K
MIM
130
MetLife Investment Management
New Jersey
$923K
Los Angeles Capital Management
131
Los Angeles Capital Management
California
$861K +$548K +28,680 +156%
TSW
132
Thompson Siegel & Walmsley
Virginia
$830K
Hotchkis & Wiley Capital Management
133
Hotchkis & Wiley Capital Management
California
$826K +$863K +45,149 New
SAM
134
Sawgrass Asset Management
Florida
$814K -$774K -40,490 -48%
VOYA Investment Management
135
VOYA Investment Management
Georgia
$810K +$38.3K +2,001 +5%
FTCM
136
First Trust Capital Management
Illinois
$778K +$813K +42,514 New
NAM
137
NorthCoast Asset Management
Connecticut
$756K +$790K +41,309 New
Legal & General Group
138
Legal & General Group
United Kingdom
$753K -$37.7K -1,971 -5%
GC
139
Guggenheim Capital
Illinois
$743K -$36.8K -1,923 -5%
CWM
140
Cornerstone Wealth Management
Missouri
$738K +$259K +13,536 New
D.E. Shaw & Co
141
D.E. Shaw & Co
New York
$702K -$2.63M -137,563 -78%
UBS Group
142
UBS Group
Switzerland
$677K +$210K +10,985 +42%
MLICM
143
Metropolitan Life Insurance Company (MetLife)
New York
$666K +$17.4K +910 +3%
AIM
144
Assured Investment Management
New York
$647K -$1.13M -58,906 -62%
Russell Investments Group
145
Russell Investments Group
United Kingdom
$620K -$6.4M -334,648 -91%
BCM
146
Bridgeway Capital Management
Texas
$613K
PCM
147
Perritt Capital Management
Illinois
$596K
T. Rowe Price Associates
148
T. Rowe Price Associates
Maryland
$509K +$199K +10,436 +60%
Ohio Public Employees Retirement System (OPERS)
149
Ohio Public Employees Retirement System (OPERS)
Ohio
$500K +$522K +27,319 New
Royal Bank of Canada
150
Royal Bank of Canada
Ontario, Canada
$486K +$299K +15,617 +142%

BLDR Hedge Fund Activity: Q2 2018 in Review

231 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q2 2018, worth a combined $1.98B — down 11% from $2.21B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of BLDR and 19 opened new positions — a net loss of 34 holders — while 87 trimmed existing stakes and 81 added.

The largest buyer was Ruane, Cunniff & Goldfarb, adding an estimated $30.6M. The largest seller was Spruce House Investment Management, exiting entirely with an estimated $72.5M sold.

  • 231 institutional investors held Builders FirstSource (BLDR) as of Q2 2018, down from 269 in Q1 2018.
  • Funds reported $1.98B of Builders FirstSource stock for Q2 2018, down 11% quarter-over-quarter.
  • 19 funds opened new Builders FirstSource positions in Q2 2018 and 53 closed out, a net change of -34 holders.
  • The largest Builders FirstSource buyer in Q2 2018 was Ruane, Cunniff & Goldfarb, an estimated $30.6M added.
  • The largest Builders FirstSource seller in Q2 2018 was Spruce House Investment Management, an estimated $72.5M sold.

Based on aggregated 13F filings for Q2 2018.