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Builders FirstSource

166 hedge funds and large institutions have $1.06B invested in Builders FirstSource in 2016 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 51 increasing their positions, 55 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

10,262% more call options, than puts

Call options by funds: $51.8M | Put options by funds: $500K

6% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 31

2% more capital invested

Capital invested by funds: $1.04B → $1.06B (+$24.8M)

1% more funds holding

Funds holding: 165166 (+1)

7% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 55

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

Holders
166
Holders Change
+1
Holders Change %
+0.61%
% of All Funds
4.43%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.24%
New
33
Increased
51
Reduced
55
Closed
31
Calls
$51.8M
Puts
$500K
Net Calls
+$51.3M
Net Calls Change
+$52.4M
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Stadium Capital Management
Connecticut
$98.7M
RCM
2
Raging Capital Management
New Jersey
$81.4M +$14.9M +1,184,301 +20%
Vanguard Group
3
Vanguard Group
Pennsylvania
$53.9M +$1.83M +145,427 +3%
RCG
4
Ruane, Cunniff & Goldfarb
New York
$46.1M
Lord, Abbett & Co
5
Lord, Abbett & Co
New Jersey
$46M +$6.38M +506,832 +15%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$39.5M -$1.54M -122,506 -3%
Westfield Capital Management
7
Westfield Capital Management
Massachusetts
$36.8M -$1.72M -136,360 -4%
BFA
8
BlackRock Fund Advisors
California
$34.2M -$923K -73,273 -2%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$32.4M +$2.07M +164,161 +6%
RCM
10
Roystone Capital Management
New York
$29.7M +$6.88M +546,800 +27%
BC
11
Beaconlight Capital
New York
$27.5M -$1.19M -94,560 -4%
Adage Capital Partners
12
Adage Capital Partners
Massachusetts
$26.4M +$3.54M +281,356 +14%
EAM
13
Eagle Asset Management
Florida
$25.6M -$213K -16,902 -0.8%
Boston Partners
14
Boston Partners
Massachusetts
$25M +$7.69M +610,871 +39%
RR
15
Robotti Robert
$25M +$270K +21,481 +1%
BIT
16
BlackRock Institutional Trust
California
$24.8M +$3.08M +244,573 +13%
SIM
17
Stelliam Investment Management
New York
$21M +$22.9M +1,822,500 New
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$19.4M -$2M -159,113 -9%
Allianz Asset Management
19
Allianz Asset Management
Germany
$16.6M -$7.71M -612,158 -30%
ZC
20
Zelman Capital
Ohio
$16.4M -$8.94M -710,256 -33%
State Street
21
State Street
Massachusetts
$15.8M +$965K +76,680 +6%
SHIM
22
Spruce House Investment Management
New York
$15M
LCM
23
Lomas Capital Management
New York
$14.8M -$1.08M -86,063 -6%
AA
24
Ancient Art
Texas
$12.5M
Deutsche Bank
25
Deutsche Bank
Germany
$12.3M -$1.88M -149,663 -12%

BLDR Hedge Fund Activity: Q3 2016 in Review

166 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q3 2016, worth a combined $1.06B — up 2.4% from $1.04B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new BLDR positions and 31 closed out — a net gain of 2 holders — while 51 added to existing stakes and 55 trimmed.

The largest buyer was Stelliam Investment Management, opening a new position worth an estimated $22.9M. The largest seller was Wellington Management Group, cutting an estimated $23.3M.

  • 166 institutional investors held Builders FirstSource (BLDR) as of Q3 2016, up from 165 in Q2 2016.
  • Funds reported $1.06B of Builders FirstSource stock for Q3 2016, up 2.4% quarter-over-quarter.
  • 33 funds opened new Builders FirstSource positions in Q3 2016 and 31 closed out, a net change of +2 holders.
  • The largest Builders FirstSource buyer in Q3 2016 was Stelliam Investment Management, an estimated $22.9M added.
  • The largest Builders FirstSource seller in Q3 2016 was Wellington Management Group, an estimated $23.3M sold.

Based on aggregated 13F filings for Q3 2016.