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Builders FirstSource

173 hedge funds and large institutions have $990M invested in Builders FirstSource in 2015 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 70 increasing their positions, 50 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 50

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

3% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 33

1% less funds holding

Funds holding: 174173 (-1)

8% less capital invested

Capital invested by funds: $1.07B → $990M (-$84.4M)

92% less call options, than puts

Call options by funds: $729K | Put options by funds: $8.82M

Holders
173
Holders Change
-1
Holders Change %
-0.57%
% of All Funds
4.54%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.26%
New
34
Increased
70
Reduced
50
Closed
33
Calls
$729K
Puts
$8.82M
Net Calls
-$8.09M
Net Calls Change
-$8.3M
Name Holding Trade Value Shares
Change
Change in
Stake
WP
1
Warburg Pincus
New York
$147M -$89M -7,000,000 -35%
SCM
2
Stadium Capital Management
Connecticut
$53.7M +$15.9M +1,247,453 +35%
BAMCO Inc
3
BAMCO Inc
New York
$49.7M -$12.6M -989,384 -18%
Lord, Abbett & Co
4
Lord, Abbett & Co
New Jersey
$47.5M -$3.87M -304,149 -7%
RCM
5
Roystone Capital Management
New York
$41M
Vanguard Group
6
Vanguard Group
Pennsylvania
$40.1M +$7.64M +601,216 +20%
BFA
7
BlackRock Fund Advisors
California
$29.2M +$3.02M +237,625 +10%
RCM
8
Raging Capital Management
New Jersey
$28.5M +$19.1M +1,504,529 +141%
Westfield Capital Management
9
Westfield Capital Management
Massachusetts
$26.2M +$2.69M +211,737 +10%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$25.2M +$6.74M +530,249 +30%
Adage Capital Partners
11
Adage Capital Partners
Massachusetts
$24.4M +$17.2M +1,349,453 +159%
Allianz Asset Management
12
Allianz Asset Management
Germany
$24.4M +$5.42M +426,163 +24%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$23.9M +$7.61M +598,435 +38%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$21.1M +$24.2M +1,901,103 +65,397%
EAM
15
Eagle Asset Management
Florida
$20.6M +$23.7M +1,862,529 New
Millennium Management
16
Millennium Management
New York
$20M +$14.4M +1,134,156 +168%
Bank of Montreal
17
Bank of Montreal
Ontario, Canada
$19.6M +$3.51M +275,896 +18%
RR
18
Robotti Robert
$17.8M +$103K +8,111 +0.5%
BIT
19
BlackRock Institutional Trust
California
$17.5M +$1.8M +141,502 +10%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$17.1M -$10.2M -803,760 -34%
BC
21
Beaconlight Capital
New York
$16.6M +$6.36M +500,572 +50%
SHIM
22
Spruce House Investment Management
New York
$14.4M
Boston Partners
23
Boston Partners
Massachusetts
$14.1M +$16.1M +1,268,213 New
FG
24
Formula Growth
Quebec, Canada
$9.94M +$11.4M +897,093 New
State Street
25
State Street
Massachusetts
$9.9M +$223K +17,544 +2%

BLDR Hedge Fund Activity: Q4 2015 in Review

173 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q4 2015, worth a combined $990M — down 7.9% from $1.07B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new BLDR positions and 33 closed out — a net gain of 1 holder — while 70 added to existing stakes and 50 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $24.2M. The largest seller was Warburg Pincus, cutting an estimated $89M.

  • 173 institutional investors held Builders FirstSource (BLDR) as of Q4 2015, down from 174 in Q3 2015.
  • Funds reported $990M of Builders FirstSource stock for Q4 2015, down 7.9% quarter-over-quarter.
  • 34 funds opened new Builders FirstSource positions in Q4 2015 and 33 closed out, a net change of +1 holder.
  • The largest Builders FirstSource buyer in Q4 2015 was Royal Bank of Canada, an estimated $24.2M added.
  • The largest Builders FirstSource seller in Q4 2015 was Warburg Pincus, an estimated $89M sold.

Based on aggregated 13F filings for Q4 2015.