Builders FirstSource
BLDR
166 hedge funds and large institutions have $980M invested in Builders FirstSource in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 65 increasing their positions, 48 reducing their positions, and 34 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 48
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
1% less capital invested
Capital invested by funds: $990M → $980M (-$9.91M)
4% less funds holding
Funds holding: 173 → 166 (-7)
12% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 34
41% less call options, than puts
Call options by funds: $1.34M | Put options by funds: $2.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$32.3M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$27.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.3M |
| 5 |
ZC
Zelman Capital
Beachwood,
Ohio
|
+$7.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$49.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.3M |
| 4 |
RCM
Roystone Capital Management
New York
|
-$15.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.5M |
BLDR Hedge Fund Activity: Q1 2016 in Review
166 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2016, worth a combined $980M — down 1% from $990M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BLDR and 30 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 65 added.
The largest buyer was Stadium Capital Management, adding an estimated $32.3M. The largest seller was BAMCO Inc, exiting entirely with an estimated $49.7M sold.
- 166 institutional investors held Builders FirstSource (BLDR) as of Q1 2016, down from 173 in Q4 2015.
- Funds reported $980M of Builders FirstSource stock for Q1 2016, down 1% quarter-over-quarter.
- 30 funds opened new Builders FirstSource positions in Q1 2016 and 34 closed out, a net change of -4 holders.
- The largest Builders FirstSource buyer in Q1 2016 was Stadium Capital Management, an estimated $32.3M added.
- The largest Builders FirstSource seller in Q1 2016 was BAMCO Inc, an estimated $49.7M sold.
Based on aggregated 13F filings for Q1 2016.