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Builders FirstSource

290 hedge funds and large institutions have $4.06B invested in Builders FirstSource in 2020 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 69 increasing their positions, 111 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

204% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 28

189% more call options, than puts

Call options by funds: $28.6M | Put options by funds: $9.91M

74% more capital invested

Capital invested by funds: $2.33B → $4.06B (+$1.72B)

45% more funds holding in top 10

Funds holding in top 10: 1116 (+5)

23% more funds holding

Funds holding: 235290 (+55)

10.75% more ownership

Funds ownership: 96.78%107.53% (+11%)

38% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 111

Holders
290
Holders Change
+55
Holders Change %
+23.4%
% of All Funds
5.85%
Holding in Top 10
16
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+45.45%
% of All Funds
0.32%
New
85
Increased
69
Reduced
111
Closed
28
Calls
$28.6M
Puts
$9.91M
Net Calls
+$18.7M
Net Calls Change
+$13.5M
Name Holding Trade Value Shares
Change
Change in
Stake
TPCM
126
Three Peaks Capital Management
Colorado
$2.39M +$310K +11,434 +18%
TRCT
127
Tower Research Capital (TRC)
New York
$2.32M +$1.57M +57,881 +434%
Jennison Associates
128
Jennison Associates
New York
$2.29M -$409K -15,082 -18%
VIA
129
Vident Investment Advisory
Georgia
$2.25M -$80.9K -2,982 -4%
MAM
130
Martingale Asset Management
Massachusetts
$2.22M -$837K -30,830 -31%
GC
131
Globeflex Capital
California
$2.18M -$313K -11,516 -15%
Rafferty Asset Management
132
Rafferty Asset Management
New York
$2.09M +$254K +9,358 +17%
CIP
133
Chartwell Investment Partners
Pennsylvania
$2.07M
MSA
134
Mason Street Advisors
Wisconsin
$2.04M +$1.7M +62,472 New
TAM
135
Tocqueville Asset Management
New York
$2.02M +$1.68M +62,044 New
KOCAA
136
Knights of Columbus Asset Advisors
Connecticut
$2.02M +$1.68M +61,877 New
VRS
137
Virginia Retirement Systems
Virginia
$1.97M -$907K -33,400 -36%
Jacobs Levy Equity Management
138
Jacobs Levy Equity Management
New Jersey
$1.91M -$47.1K -1,735 -3%
Capital Fund Management (CFM)
139
Capital Fund Management (CFM)
France
$1.87M -$565K -20,827 -27%
EIM
140
Essex Investment Management
Massachusetts
$1.86M +$69.1K +2,544 +5%
OSAM
141
O'Shaughnessy Asset Management
Connecticut
$1.84M -$39.9K -1,471 -3%
Canada Life
142
Canada Life
Manitoba, Canada
$1.78M +$1.27M +46,802 +590%
AWM
143
Affinity Wealth Management
Delaware
$1.75M +$1.41M +51,868 New
EI
144
EAM Investors
California
$1.74M +$1.45M +53,303 New
MLICM
145
Metropolitan Life Insurance Company (MetLife)
New York
$1.71M +$458K +16,867 +47%
State Board of Administration of Florida Retirement System
146
State Board of Administration of Florida Retirement System
Florida
$1.7M
Stifel Financial
147
Stifel Financial
Missouri
$1.63M -$935K -34,441 -41%
SRC
148
Shufro Rose & Co
New York
$1.61M -$904K -33,300 -40%
CSS
149
Cubist Systematic Strategies
Connecticut
$1.55M -$737K -27,152 -36%
FG
150
Formula Growth
Quebec, Canada
$1.5M -$5.85M -215,517 -82%

BLDR Hedge Fund Activity: Q3 2020 in Review

290 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q3 2020, worth a combined $4.06B — up 74% from $2.33B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new BLDR positions and 28 closed out — a net gain of 57 holders — while 69 added to existing stakes and 111 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $170M. The largest seller was Conifer Management, cutting an estimated $76M.

  • 290 institutional investors held Builders FirstSource (BLDR) as of Q3 2020, up from 235 in Q2 2020.
  • Funds reported $4.06B of Builders FirstSource stock for Q3 2020, up 74% quarter-over-quarter.
  • 85 funds opened new Builders FirstSource positions in Q3 2020 and 28 closed out, a net change of +57 holders.
  • The largest Builders FirstSource buyer in Q3 2020 was Fidelity Investments, an estimated $170M added.
  • The largest Builders FirstSource seller in Q3 2020 was Conifer Management, an estimated $76M sold.

Based on aggregated 13F filings for Q3 2020.