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Builders FirstSource

246 hedge funds and large institutions have $2.37B invested in Builders FirstSource in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 85 increasing their positions, 90 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more call options, than puts

Call options by funds: $2.89M | Put options by funds: $1.61M

47% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 32

23% more funds holding in top 10

Funds holding in top 10: 1316 (+3)

23% more capital invested

Capital invested by funds: $1.93B → $2.37B (+$435M)

6% more funds holding

Funds holding: 232246 (+14)

3.7% more ownership

Funds ownership: 95.43%99.13% (+3.7%)

6% less repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 90

Holders
246
Holders Change
+14
Holders Change %
+6.03%
% of All Funds
5.58%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.36%
New
47
Increased
85
Reduced
90
Closed
32
Calls
$2.89M
Puts
$1.61M
Net Calls
+$1.28M
Net Calls Change
+$276K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$203M +$41.6M +2,195,882 +31%
BlackRock
2
BlackRock
New York
$192M +$30.2M +1,594,755 +22%
EAM
3
Eagle Asset Management
Florida
$96.2M +$3.89M +204,898 +5%
Invesco
4
Invesco
Georgia
$93.2M +$7.24M +381,996 +10%
RCG
5
Ruane, Cunniff & Goldfarb
New York
$89.5M -$24.7M -1,301,088 -24%
SHIM
6
Spruce House Investment Management
New York
$79.6M
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$72.9M +$1.67M +88,082 +3%
SCM
8
Stadium Capital Management
Connecticut
$60.8M -$68M -3,585,943 -56%
GT
9
Glenmede Trust
Pennsylvania
$59.2M -$8.32M -438,565 -14%
Westfield Capital Management
10
Westfield Capital Management
Massachusetts
$55.4M -$2.02M -106,560 -4%
State Street
11
State Street
Massachusetts
$48.7M +$7.19M +378,935 +20%
RR
12
Robotti Robert
$46.8M -$275K -14,525 -0.7%
Lord, Abbett & Co
13
Lord, Abbett & Co
New Jersey
$42.6M -$9.33M -492,207 -20%
Balyasny Asset Management
14
Balyasny Asset Management
Illinois
$40.5M -$28.6M -1,509,363 -45%
HAI
15
Hennessy Advisors Inc
California
$37.8M +$32.9M +1,733,400 New
LCM
16
Lakewood Capital Management
New York
$37.2M +$32.4M +1,709,100 New
BC
17
Beaconlight Capital
New York
$35.3M -$6.06M -319,538 -16%
RCM
18
Raging Capital Management
New Jersey
$34.3M -$21M -1,106,742 -41%
Deutsche Bank
19
Deutsche Bank
Germany
$34M -$6.96M -366,985 -19%
SIM
20
Stelliam Investment Management
New York
$33.9M -$9.67M -510,000 -25%
Norges Bank
21
Norges Bank
Norway
$31.7M +$13M +686,930 +89%
Northern Trust
22
Northern Trust
Illinois
$28.9M +$1.84M +97,105 +8%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$28.2M -$2.6M -136,971 -10%
KCM
24
Kennedy Capital Management
Missouri
$27.6M -$2.49M -131,272 -9%
LSV Asset Management
25
LSV Asset Management
Illinois
$27.2M +$12.5M +660,103 +113%

BLDR Hedge Fund Activity: Q4 2017 in Review

246 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q4 2017, worth a combined $2.37B — up 23% from $1.93B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new BLDR positions and 32 closed out — a net gain of 15 holders — while 85 added to existing stakes and 90 trimmed.

The largest buyer was Vanguard Group, adding an estimated $41.6M. The largest seller was Stadium Capital Management, cutting an estimated $68M.

  • 246 institutional investors held Builders FirstSource (BLDR) as of Q4 2017, up from 232 in Q3 2017.
  • Funds reported $2.37B of Builders FirstSource stock for Q4 2017, up 23% quarter-over-quarter.
  • 47 funds opened new Builders FirstSource positions in Q4 2017 and 32 closed out, a net change of +15 holders.
  • The largest Builders FirstSource buyer in Q4 2017 was Vanguard Group, an estimated $41.6M added.
  • The largest Builders FirstSource seller in Q4 2017 was Stadium Capital Management, an estimated $68M sold.

Based on aggregated 13F filings for Q4 2017.