Builders FirstSource
BLDR
231 hedge funds and large institutions have $1.98B invested in Builders FirstSource in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 81 increasing their positions, 87 reducing their positions, and 53 closing their positions.
313% more call options, than puts
Call options by funds: $13.2M | Put options by funds: $3.18M
7% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 87
3.38% less ownership
Funds ownership: 97.64% → 94.26% (-3.4%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
11% less capital invested
Capital invested by funds: $2.21B → $1.98B (-$235M)
14% less funds holding
Funds holding: 269 → 231 (-38)
64% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$30.6M |
| 2 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$25.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$18.6M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
-$72.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$20.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20.7M |
| 5 |
Renaissance Technologies
New York
|
-$15.4M |
BLDR Hedge Fund Activity: Q2 2018 in Review
231 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q2 2018, worth a combined $1.98B — down 11% from $2.21B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of BLDR and 19 opened new positions — a net loss of 34 holders — while 87 trimmed existing stakes and 81 added.
The largest buyer was Ruane, Cunniff & Goldfarb, adding an estimated $30.6M. The largest seller was Spruce House Investment Management, exiting entirely with an estimated $72.5M sold.
- 231 institutional investors held Builders FirstSource (BLDR) as of Q2 2018, down from 269 in Q1 2018.
- Funds reported $1.98B of Builders FirstSource stock for Q2 2018, down 11% quarter-over-quarter.
- 19 funds opened new Builders FirstSource positions in Q2 2018 and 53 closed out, a net change of -34 holders.
- The largest Builders FirstSource buyer in Q2 2018 was Ruane, Cunniff & Goldfarb, an estimated $30.6M added.
- The largest Builders FirstSource seller in Q2 2018 was Spruce House Investment Management, an estimated $72.5M sold.
Based on aggregated 13F filings for Q2 2018.