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Builders FirstSource

859 hedge funds and large institutions have $23.4B invested in Builders FirstSource in 2024 Q1 according to their latest regulatory filings, with 176 funds opening new positions, 287 increasing their positions, 310 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

245% more first-time investments, than exits

New positions opened: 176 | Existing positions closed: 51

20% more capital invested

Capital invested by funds: $19.6B → $23.4B (+$3.82B)

16% more funds holding

Funds holding: 743859 (+116)

13% more funds holding in top 10

Funds holding in top 10: 3135 (+4)

2% more call options, than puts

Call options by funds: $295M | Put options by funds: $290M

7% less repeat investments, than reductions

Existing positions increased: 287 | Existing positions reduced: 310

2.66% less ownership

Funds ownership: 94.97%92.3% (-2.7%)

Holders
859
Holders Change
+116
Holders Change %
+15.61%
% of All Funds
12.37%
Holding in Top 10
35
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+12.9%
% of All Funds
0.5%
New
176
Increased
287
Reduced
310
Closed
51
Calls
$295M
Puts
$290M
Net Calls
+$4.63M
Net Calls Change
+$185M
Name Holding Trade Value Shares
Change
Change in
Stake
SWM
126
Spire Wealth Management
Virginia
$23.4M +$1.61M +8,692 +26%
DCM
127
Driehaus Capital Management
Illinois
$23.3M -$11.9M -64,172 -36%
TIM
128
Thornburg Investment Management
New Mexico
$23M -$2.75M -14,893 -12%
AIM
129
Achmea Investment Management
Netherlands
$22M -$1.24M -6,730 -6%
IMRF
130
Illinois Municipal Retirement Fund
Illinois
$21.9M -$855K -4,627 -4%
PAIM
131
Punch & Associates Investment Management
Minnesota
$21.4M -$1.97M -10,650 -9%
Prudential Financial
132
Prudential Financial
New Jersey
$21.1M +$1.5M +8,091 +9%
RJFSA
133
Raymond James Financial Services Advisors
Florida
$20.4M +$9.36M +50,644 +107%
BNP Paribas Asset Management
134
BNP Paribas Asset Management
France
$20.2M -$11.7M -63,357 -40%
Canada Life
135
Canada Life
Manitoba, Canada
$19.8M -$269K -1,458 -2%
BAMF
136
BI Asset Management Fondsmaeglerselskab
Denmark
$19.5M +$4.93M +26,672 +40%
PMAM
137
Picton Mahoney Asset Management
Ontario, Canada
$19.4M +$383K +2,071 +2%
DZ Bank
138
DZ Bank
Germany
$19.3M +$2.43M +13,130 +17%
WCA
139
Waratah Capital Advisors
Ontario, Canada
$19.3M +$5.15M +27,841 +43%
Zurich Cantonal Bank
140
Zurich Cantonal Bank
Switzerland
$19.2M +$2.15M +11,624 +14%
Nomura Asset Management
141
Nomura Asset Management
Japan
$18.7M +$2.38M +12,862 +17%
SEI Investments
142
SEI Investments
Pennsylvania
$18.4M +$10.8M +58,694 +200%
DB
143
Danske Bank
Denmark
$18.2M +$16.2M +87,421 New
Jane Street
144
Jane Street
New York
$18.1M -$92.8M -502,065 -85%
New York State Common Retirement Fund
145
New York State Common Retirement Fund
New York
$18M -$2.87M -15,510 -15%
PCMI
146
Paradigm Capital Management Inc
New York
$17.9M -$1.54M -8,325 -9%
D.E. Shaw & Co
147
D.E. Shaw & Co
New York
$17.6M -$1.43M -7,730 -8%
Stifel Financial
148
Stifel Financial
Missouri
$17.6M +$429K +2,322 +3%
Walleye Trading
149
Walleye Trading
New York
$17M -$7.02M -38,001 -32%
HF
150
HRT Financial
New York
$16.7M +$14.8M +80,274 New

BLDR Hedge Fund Activity: Q1 2024 in Review

859 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2024, worth a combined $23.4B — up 20% from $19.6B a quarter earlier.

Buyers outnumbered sellers: 176 funds opened new BLDR positions and 51 closed out — a net gain of 125 holders — while 287 added to existing stakes and 310 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $430M. The largest seller was Wellington Management Group, cutting an estimated $418M.

  • 859 institutional investors held Builders FirstSource (BLDR) as of Q1 2024, up from 743 in Q4 2023.
  • Funds reported $23.4B of Builders FirstSource stock for Q1 2024, up 20% quarter-over-quarter.
  • 176 funds opened new Builders FirstSource positions in Q1 2024 and 51 closed out, a net change of +125 holders.
  • The largest Builders FirstSource buyer in Q1 2024 was Fidelity Investments, an estimated $430M added.
  • The largest Builders FirstSource seller in Q1 2024 was Wellington Management Group, an estimated $418M sold.

Based on aggregated 13F filings for Q1 2024.