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Builders FirstSource

269 hedge funds and large institutions have $2.21B invested in Builders FirstSource in 2018 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 78 increasing their positions, 99 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

235% more call options, than puts

Call options by funds: $7.1M | Put options by funds: $2.12M

87% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 31

9% more funds holding

Funds holding: 246269 (+23)

1.49% less ownership

Funds ownership: 99.13%97.64% (-1.5%)

7% less capital invested

Capital invested by funds: $2.37B → $2.21B (-$155M)

21% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 99

31% less funds holding in top 10

Funds holding in top 10: 1611 (-5)

Holders
269
Holders Change
+23
Holders Change %
+9.35%
% of All Funds
6.17%
Holding in Top 10
11
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-31.25%
% of All Funds
0.25%
New
58
Increased
78
Reduced
99
Closed
31
Calls
$7.1M
Puts
$2.12M
Net Calls
+$4.98M
Net Calls Change
+$3.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$195M +$10.4M +489,880 +5%
BlackRock
2
BlackRock
New York
$160M -$16.2M -766,062 -9%
Invesco
3
Invesco
Georgia
$106M +$22.9M +1,081,490 +25%
EAM
4
Eagle Asset Management
Florida
$86.6M -$1.31M -62,052 -1%
RCG
5
Ruane, Cunniff & Goldfarb
New York
$78.6M -$2.12M -100,000 -2%
SHIM
6
Spruce House Investment Management
New York
$72.5M
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$67M +$659K +31,109 +0.9%
CTA
8
Carillon Tower Advisers
Florida
$63.6M +$1.35M +63,950 +2%
SCM
9
Stadium Capital Management
Connecticut
$61.1M +$6.06M +286,184 +10%
GT
10
Glenmede Trust
Pennsylvania
$59.2M
LCM
11
Lakewood Capital Management
New York
$52.2M +$19.6M +924,100 +54%
State Street
12
State Street
Massachusetts
$42.6M -$1.84M -86,908 -4%
RR
13
Robotti Robert
$41.3M -$1.38M -65,219 -3%
NMVA
14
New Mountain Vantage Advisers
New York
$36.3M +$24.9M +1,175,589 +180%
HAI
15
Hennessy Advisors Inc
California
$35.7M +$1.42M +67,100 +4%
Norges Bank
16
Norges Bank
Norway
$34.7M +$6.2M +292,710 +20%
Westfield Capital Management
17
Westfield Capital Management
Massachusetts
$33.5M -$18.2M -858,280 -34%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$30.6M +$5.2M +245,552 +19%
BC
19
Beaconlight Capital
New York
$30.1M -$2.22M -104,709 -6%
Deutsche Bank
20
Deutsche Bank
Germany
$27.9M -$3.27M -154,596 -10%
LSV Asset Management
21
LSV Asset Management
Illinois
$26.7M +$2.1M +99,168 +8%
Northern Trust
22
Northern Trust
Illinois
$26.3M +$40.5K +1,912 +0.1%
SM
23
Soapstone Management
Maryland
$25.4M +$4.57M +215,650 +20%
KCM
24
Kennedy Capital Management
Missouri
$23.9M -$1.31M -61,699 -5%
Lord, Abbett & Co
25
Lord, Abbett & Co
New Jersey
$23.5M -$16.3M -768,183 -39%

BLDR Hedge Fund Activity: Q1 2018 in Review

269 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2018, worth a combined $2.21B — down 6.6% from $2.37B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new BLDR positions and 31 closed out — a net gain of 27 holders — while 78 added to existing stakes and 99 trimmed.

The largest buyer was New Mountain Vantage Advisers, adding an estimated $24.9M. The largest seller was Balyasny Asset Management, cutting an estimated $39.1M.

  • 269 institutional investors held Builders FirstSource (BLDR) as of Q1 2018, up from 246 in Q4 2017.
  • Funds reported $2.21B of Builders FirstSource stock for Q1 2018, down 6.6% quarter-over-quarter.
  • 58 funds opened new Builders FirstSource positions in Q1 2018 and 31 closed out, a net change of +27 holders.
  • The largest Builders FirstSource buyer in Q1 2018 was New Mountain Vantage Advisers, an estimated $24.9M added.
  • The largest Builders FirstSource seller in Q1 2018 was Balyasny Asset Management, an estimated $39.1M sold.

Based on aggregated 13F filings for Q1 2018.