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Builders FirstSource

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.

New
Increased
Maintained
Reduced
Closed

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: 108107 (-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: 43 (-1)

Holders
107
Holders Change
-1
Holders Change %
-0.93%
% of All Funds
3.09%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.09%
New
27
Increased
31
Reduced
37
Closed
28
Calls
$353K
Puts
$5K
Net Calls
+$348K
Net Calls Change
+$316K
Name Holding Trade Value Shares
Change
Change in
Stake
WP
1
Warburg Pincus
New York
$226M
SCM
2
Stadium Capital Management
Connecticut
$113M -$6.02M -741,436 -6%
RR
3
Robotti Robert
$29.5M -$3.75M -462,368 -12%
CPIM
4
Columbia Partners Investment Management
Virginia
$16.8M -$69.5K -8,558 -0.5%
NGA
5
New Generation Advisors
Massachusetts
$16.4M -$28.8K -3,550 -0.2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$14.6M +$54.6K +6,721 +0.4%
WSA
7
Wall Street Associates
California
$13.1M +$210K +25,900 +2%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$13M +$11.6M +1,431,286 New
BFA
9
BlackRock Fund Advisors
California
$11.4M +$383K +47,136 +4%
RA
10
Royce & Associates
New York
$10.9M -$1.35M -165,849 -12%
BAMCO Inc
11
BAMCO Inc
New York
$9.54M +$1.03M +126,500 +14%
Lord, Abbett & Co
12
Lord, Abbett & Co
New Jersey
$8.91M +$7.94M +978,590 New
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$8.77M -$1.16M -142,952 -13%
KCM
14
Kennedy Capital Management
Missouri
$7.54M +$2.81M +345,763 +72%
NCGI
15
Next Century Growth Investors
Minnesota
$7.32M +$6.52M +803,048 New
PP
16
Prudential plc
United Kingdom
$7.29M +$1.87M +230,000 +40%
State Street
17
State Street
Massachusetts
$7.29M +$168K +20,693 +3%
PGCM
18
Prescott Group Capital Management
Oklahoma
$7.07M -$3.81M -469,087 -38%
HCM
19
Hodges Capital Management
Texas
$5.61M +$4.33M +533,000 +638%
Northern Trust
20
Northern Trust
Illinois
$5.48M -$332K -40,935 -6%
Adage Capital Partners
21
Adage Capital Partners
Massachusetts
$5.22M
BIT
22
BlackRock Institutional Trust
California
$5.11M -$85.3K -10,506 -2%
SI
23
Stephens Inc
Arkansas
$5M +$4.46M +549,026 New
PCM
24
Portolan Capital Management
Massachusetts
$3.44M -$662K -81,582 -18%
Allianz Asset Management
25
Allianz Asset Management
Germany
$3.38M -$182K -22,455 -6%

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.