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Builders FirstSource

222 hedge funds and large institutions have $1.6B invested in Builders FirstSource in 2018 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 70 increasing their positions, 83 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more call options, than puts

Call options by funds: $7.22M | Put options by funds: $3.98M

10% more funds holding in top 10

Funds holding in top 10: 1011 (+1)

0.83% more ownership

Funds ownership: 94.26%95.09% (+0.83%)

4% less funds holding

Funds holding: 231222 (-9)

16% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 83

16% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 43

19% less capital invested

Capital invested by funds: $1.98B → $1.6B (-$374M)

Holders
222
Holders Change
-9
Holders Change %
-3.9%
% of All Funds
5.08%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.25%
New
36
Increased
70
Reduced
83
Closed
43
Calls
$7.22M
Puts
$3.98M
Net Calls
+$3.24M
Net Calls Change
-$6.73M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$150M -$9.77M -576,801 -5%
BlackRock
2
BlackRock
New York
$125M -$1.75M -103,257 -1%
RCG
3
Ruane, Cunniff & Goldfarb
New York
$112M +$34M +2,005,517 +36%
SCM
4
Stadium Capital Management
Connecticut
$68.7M +$22M +1,301,269 +39%
Invesco
5
Invesco
Georgia
$56.4M -$7.38M -435,619 -10%
Fuller & Thaler Asset Management
6
Fuller & Thaler Asset Management
California
$50.5M +$48.8M +2,879,817 +511%
EAM
7
Eagle Asset Management
Florida
$50.1M -$14.2M -839,744 -20%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$49.3M -$328K -19,336 -0.6%
RCM
9
Raging Capital Management
New Jersey
$45.7M +$27.8M +1,643,836 +112%
CTA
10
Carillon Tower Advisers
Florida
$44.8M -$5.84M -345,018 -10%
LCM
11
Lakewood Capital Management
New York
$44.4M +$6.65M +392,900 +15%
NMVA
12
New Mountain Vantage Advisers
New York
$38.9M +$9.34M +551,287 +26%
GT
13
Glenmede Trust
Pennsylvania
$37.5M -$1.26M -74,241 -3%
State Street
14
State Street
Massachusetts
$35M +$985K +58,157 +3%
BC
15
Beaconlight Capital
New York
$34.7M +$6.7M +395,680 +20%
RR
16
Robotti Robert
$30.5M +$146K +8,605 +0.4%
SM
17
Soapstone Management
Maryland
$27.5M +$3.39M +200,000 +12%
AS
18
Altshuler Shaham
Israel
$25.1M +$6.18M +364,730 +27%
FG
19
Formula Growth
Quebec, Canada
$22.9M +$8.81M +520,000 +50%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$21.9M -$5.68M -335,538 -18%
Northern Trust
21
Northern Trust
Illinois
$21.7M +$628K +37,076 +3%
Norges Bank
22
Norges Bank
Norway
$21.1M -$5.3M -312,856 -18%
LSV Asset Management
23
LSV Asset Management
Illinois
$19.9M -$15.2K -900 -0.1%
RCMNY
24
Rubric Capital Management (New York)
New York
$18.3M -$6.02M -355,171 -22%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$17.1M +$1.01M +59,387 +5%

BLDR Hedge Fund Activity: Q3 2018 in Review

222 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q3 2018, worth a combined $1.6B — down 19% from $1.98B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of BLDR and 36 opened new positions — a net loss of 7 holders — while 83 trimmed existing stakes and 70 added.

The largest buyer was Fuller & Thaler Asset Management, adding an estimated $48.8M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $33.1M sold.

  • 222 institutional investors held Builders FirstSource (BLDR) as of Q3 2018, down from 231 in Q2 2018.
  • Funds reported $1.6B of Builders FirstSource stock for Q3 2018, down 19% quarter-over-quarter.
  • 36 funds opened new Builders FirstSource positions in Q3 2018 and 43 closed out, a net change of -7 holders.
  • The largest Builders FirstSource buyer in Q3 2018 was Fuller & Thaler Asset Management, an estimated $48.8M added.
  • The largest Builders FirstSource seller in Q3 2018 was Westfield Capital Management, an estimated $33.1M sold.

Based on aggregated 13F filings for Q3 2018.