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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
WCM
151
Wedge Capital Management
North Carolina
$16.7M +$2.36M +12,752 +19%
SI
152
Stephens Inc
Arkansas
$16.6M +$9.49M +51,327 +180%
State of Tennessee, Department of Treasury
153
State of Tennessee, Department of Treasury
Tennessee
$16.6M -$5.52M -29,875 -27%
PCM
154
Pinnbrook Capital Management
New York
$16.4M +$5.82M +31,502 +67%
BCM
155
Bridgeway Capital Management
Texas
$16.2M -$1.44M -7,800 -9%
VIM
156
Vinva Investment Management
Australia
$16.2M -$280K -1,517 -2%
Ohio Public Employees Retirement System (OPERS)
157
Ohio Public Employees Retirement System (OPERS)
Ohio
$16.1M -$1.93M -10,466 -12%
LHC
158
Lodge Hill Capital
New York
$15.7M -$9.06M -49,000 -39%
VA
159
Vident Advisory
Georgia
$15.7M +$12.9M +69,619 +1,235%
Manulife (Manufacturers Life Insurance)
160
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$15.5M -$1.7M -9,214 -11%
WTC
161
WhitTier Trust Company
Nevada
$15.2M +$730K +3,950 +6%
Renaissance Technologies
162
Renaissance Technologies
New York
$14.7M -$32M -173,400 -71%
Allspring Global Investments
163
Allspring Global Investments
North Carolina
$14.7M -$4.42M -23,915 -25%
State of New Jersey Common Pension Fund D
164
State of New Jersey Common Pension Fund D
New Jersey
$14.6M -$183K -989 -1%
Toronto Dominion Bank
165
Toronto Dominion Bank
Ontario, Canada
$14.5M +$222K +1,203 +2%
Chevy Chase Trust
166
Chevy Chase Trust
Maryland
$14.3M -$107K -577 -0.8%
DLP
167
De Lisle Partners
United Kingdom
$14.1M +$12.5M +67,401 New
EWM
168
Empirical Wealth Management
Washington
$14M +$1.95M +10,551 +19%
Walleye Capital
169
Walleye Capital
New York
$13.8M -$4.27M -23,118 -26%
Federated Hermes
170
Federated Hermes
Pennsylvania
$13.7M -$4.66M -25,198 -28%
CAM
171
Crown Advisors Management
California
$13.6M
SAM
172
Storebrand Asset Management
Norway
$13.3M -$6.32M -34,203 -35%
SG Americas Securities
173
SG Americas Securities
New York
$13.1M +$8.47M +45,832 +273%
GPC
174
Guardian Point Capital
Virginia
$13M +$11.6M +62,500 New
Schroder Investment Management Group
175
Schroder Investment Management Group
United Kingdom
$13M -$26.2M -141,944 -69%

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.