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Builders FirstSource

113 hedge funds and large institutions have $947M invested in Builders FirstSource in 2015 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

579% more call options, than puts

Call options by funds: $747K | Put options by funds: $110K

183% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 12

167% more funds holding in top 10

Funds holding in top 10: 38 (+5)

114% more capital invested

Capital invested by funds: $442M → $947M (+$504M)

24% more funds holding

Funds holding: 91113 (+22)

8% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 36

Holders
113
Holders Change
+22
Holders Change %
+24.18%
% of All Funds
3.05%
Holding in Top 10
8
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+166.67%
% of All Funds
0.22%
New
34
Increased
33
Reduced
36
Closed
12
Calls
$747K
Puts
$110K
Net Calls
+$637K
Net Calls Change
+$637K
Name Holding Trade Value Shares
Change
Change in
Stake
WP
1
Warburg Pincus
New York
$319M
SCM
2
Stadium Capital Management
Connecticut
$101M -$55.3M -4,529,458 -37%
BAMCO Inc
3
BAMCO Inc
New York
$44.8M +$4.22M +345,900 +11%
RCM
4
Roystone Capital Management
New York
$43.6M +$41.4M +3,396,100 New
RR
5
Robotti Robert
$31M -$4.93M -404,143 -14%
BFA
6
BlackRock Fund Advisors
California
$30.7M +$13.4M +1,099,287 +85%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$26.5M +$25.2M +2,067,664 New
Adage Capital Partners
8
Adage Capital Partners
Massachusetts
$24.4M +$2.16M +177,030 +10%
RCM
9
Raging Capital Management
New Jersey
$22.6M +$21.4M +1,756,593 New
Vanguard Group
10
Vanguard Group
Pennsylvania
$22.4M -$347K -28,443 -2%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$16.4M -$4.71M -385,920 -23%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$16M +$4.1M +335,838 +37%
KCM
13
Kennedy Capital Management
Missouri
$12.3M -$895K -73,368 -7%
Hudson Bay Capital Management
14
Hudson Bay Capital Management
Connecticut
$12.1M +$11.5M +938,720 New
HP
15
Harvey Partners
New York
$11M +$427K +35,000 +4%
CRM
16
Cramer Rosenthal McGlynn
Connecticut
$11M +$10.5M +859,600 New
Allianz Asset Management
17
Allianz Asset Management
Germany
$10.8M +$6.67M +546,471 +188%
WSA
18
Wall Street Associates
California
$10.5M -$183K -15,000 -2%
State Street
19
State Street
Massachusetts
$10.3M +$44.3K +3,633 +0.5%
RA
20
Royce & Associates
New York
$9.98M -$8.79M -720,115 -48%
NGA
21
New Generation Advisors
Massachusetts
$8.16M -$12.8M -1,046,797 -62%
BIT
22
BlackRock Institutional Trust
California
$8.14M +$1.47M +120,783 +24%
KCP
23
Kortright Capital Partners
New York
$6.64M +$6.31M +516,900 New
PCM
24
Portolan Capital Management
Massachusetts
$6.57M +$6.24M +511,440 New
Lord, Abbett & Co
25
Lord, Abbett & Co
New Jersey
$6.55M +$6.23M +510,353 New

BLDR Hedge Fund Activity: Q2 2015 in Review

113 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q2 2015, worth a combined $947M — up 114% from $442M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new BLDR positions and 12 closed out — a net gain of 22 holders — while 33 added to existing stakes and 36 trimmed.

The largest buyer was Roystone Capital Management, opening a new position worth an estimated $41.4M. The largest seller was Stadium Capital Management, cutting an estimated $55.3M.

  • 113 institutional investors held Builders FirstSource (BLDR) as of Q2 2015, up from 91 in Q1 2015.
  • Funds reported $947M of Builders FirstSource stock for Q2 2015, up 114% quarter-over-quarter.
  • 34 funds opened new Builders FirstSource positions in Q2 2015 and 12 closed out, a net change of +22 holders.
  • The largest Builders FirstSource buyer in Q2 2015 was Roystone Capital Management, an estimated $41.4M added.
  • The largest Builders FirstSource seller in Q2 2015 was Stadium Capital Management, an estimated $55.3M sold.

Based on aggregated 13F filings for Q2 2015.