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Builders FirstSource

165 hedge funds and large institutions have $1.04B invested in Builders FirstSource in 2016 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 69 increasing their positions, 47 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 47

20% more funds holding in top 10

Funds holding in top 10: 1012 (+2)

6% more capital invested

Capital invested by funds: $980M → $1.04B (+$56.8M)

0% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 32

1% less funds holding

Funds holding: 166165 (-1)

52% less call options, than puts

Call options by funds: $969K | Put options by funds: $2.02M

Holders
165
Holders Change
-1
Holders Change %
-0.6%
% of All Funds
4.4%
Holding in Top 10
12
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+20%
% of All Funds
0.32%
New
32
Increased
69
Reduced
47
Closed
32
Calls
$969K
Puts
$2.02M
Net Calls
-$1.05M
Net Calls Change
-$113K
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Stadium Capital Management
Connecticut
$96.5M
RCM
2
Raging Capital Management
New Jersey
$66.3M +$1.62M +139,953 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$51.1M +$8.44M +731,239 +19%
RCG
4
Ruane, Cunniff & Goldfarb
New York
$45.1M +$46.3M +4,007,377 New
Fidelity Investments
5
Fidelity Investments
Massachusetts
$40M +$858K +74,356 +2%
Lord, Abbett & Co
6
Lord, Abbett & Co
New Jersey
$39.3M +$21.5M +1,858,635 +114%
Westfield Capital Management
7
Westfield Capital Management
Massachusetts
$37.5M +$3.82M +330,935 +11%
BFA
8
BlackRock Fund Advisors
California
$34.3M +$7.52M +651,349 +27%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$29.8M +$2.89M +250,408 +10%
Marshall Wace
10
Marshall Wace
United Kingdom
$28.7M +$28.7M +2,489,915 +4,247%
BC
11
Beaconlight Capital
New York
$27.9M +$7.7M +667,338 +37%
EAM
12
Eagle Asset Management
Florida
$25.3M +$411K +35,572 +2%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$24.2M +$16.5M +1,428,802 +198%
RR
14
Robotti Robert
$24.2M +$3.41M +294,982 +16%
ZC
15
Zelman Capital
Ohio
$24M +$8.6M +745,000 +54%
Allianz Asset Management
16
Allianz Asset Management
Germany
$23.1M -$2.23M -193,245 -9%
RCM
17
Roystone Capital Management
New York
$22.9M +$1.68M +145,700 +8%
Adage Capital Partners
18
Adage Capital Partners
Massachusetts
$22.6M +$12.8M +1,110,499 +123%
BIT
19
BlackRock Institutional Trust
California
$21.5M +$4.17M +360,768 +23%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$20.7M +$1.97M +170,291 +10%
Boston Partners
21
Boston Partners
Massachusetts
$17.6M +$4.7M +406,792 +35%
LCM
22
Lomas Capital Management
New York
$15.5M +$9.36M +810,892 +144%
SHIM
23
Spruce House Investment Management
New York
$14.6M
State Street
24
State Street
Massachusetts
$14.6M +$4.66M +403,325 +45%
FG
25
Formula Growth
Quebec, Canada
$14.2M +$112K +9,706 +0.8%

BLDR Hedge Fund Activity: Q2 2016 in Review

165 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q2 2016, worth a combined $1.04B — up 5.8% from $980M a quarter earlier.

Fund positioning in BLDR was balanced in Q2 2016: 32 funds opened new positions, 32 closed out, 69 added to existing stakes and 47 trimmed.

The largest buyer was Ruane, Cunniff & Goldfarb, opening a new position worth an estimated $46.3M. The largest seller was Warburg Pincus, exiting entirely with an estimated $149M sold.

  • 165 institutional investors held Builders FirstSource (BLDR) as of Q2 2016, down from 166 in Q1 2016.
  • Funds reported $1.04B of Builders FirstSource stock for Q2 2016, up 5.8% quarter-over-quarter.
  • 32 funds opened new Builders FirstSource positions in Q2 2016 and 32 closed out, a net change of 0 holders.
  • The largest Builders FirstSource buyer in Q2 2016 was Ruane, Cunniff & Goldfarb, an estimated $46.3M added.
  • The largest Builders FirstSource seller in Q2 2016 was Warburg Pincus, an estimated $149M sold.

Based on aggregated 13F filings for Q2 2016.