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Builders FirstSource

290 hedge funds and large institutions have $4.06B invested in Builders FirstSource in 2020 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 69 increasing their positions, 111 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

204% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 28

189% more call options, than puts

Call options by funds: $28.6M | Put options by funds: $9.91M

74% more capital invested

Capital invested by funds: $2.33B → $4.06B (+$1.72B)

45% more funds holding in top 10

Funds holding in top 10: 1116 (+5)

23% more funds holding

Funds holding: 235290 (+55)

10.75% more ownership

Funds ownership: 96.78%107.53% (+11%)

38% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 111

Holders
290
Holders Change
+55
Holders Change %
+23.4%
% of All Funds
5.85%
Holding in Top 10
16
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+45.45%
% of All Funds
0.32%
New
85
Increased
69
Reduced
111
Closed
28
Calls
$28.6M
Puts
$9.91M
Net Calls
+$18.7M
Net Calls Change
+$13.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$455M +$121M +4,453,456 +47%
Vanguard Group
2
Vanguard Group
Pennsylvania
$395M +$2.25M +82,980 +0.7%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$256M +$170M +6,253,165 +388%
CM
4
Conifer Management
New York
$235M -$76M -2,800,000 -28%
Select Equity Group
5
Select Equity Group
New York
$178M +$48.8M +1,796,237 +49%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$127M -$13.8M -508,341 -12%
Invesco
7
Invesco
Georgia
$125M +$9.57M +352,444 +10%
State Street
8
State Street
Massachusetts
$114M +$27.6M +1,015,356 +41%
William Blair Investment Management
9
William Blair Investment Management
Illinois
$108M +$89.9M +3,312,031 New
Bank of New York Mellon
10
Bank of New York Mellon
New York
$93.8M +$40.6M +1,497,222 +109%
VNIM
11
Vaughan Nelson Investment Management
Texas
$76M +$3.42M +126,140 +6%
Northern Trust
12
Northern Trust
Illinois
$68M +$7.5M +276,201 +15%
SC
13
Samlyn Capital
New York
$66.2M +$24.5M +901,646 +80%
FCM
14
Frontier Capital Management
Massachusetts
$66.1M +$47.5M +1,748,480 +631%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$61.4M +$15M +554,077 +42%
LSV Asset Management
16
LSV Asset Management
Illinois
$60.9M -$1.96M -72,300 -4%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$56.5M -$106K -3,922 -0.2%
Goldman Sachs
18
Goldman Sachs
New York
$49.3M +$26.5M +977,136 +182%
Norges Bank
19
Norges Bank
Norway
$45.9M -$4.71M -173,589 -11%
RR
20
Robotti Robert
$43.3M -$6.51M -239,648 -15%
N
21
Nuveen
North Carolina
$41.4M -$3.64M -134,178 -10%
JP Morgan Chase
22
JP Morgan Chase
New York
$40.3M -$8.36M -308,106 -20%
Renaissance Technologies
23
Renaissance Technologies
New York
$36.7M -$48.8M -1,798,300 -62%
AA
24
Ancient Art
Texas
$36.5M +$10.5M +387,860 +53%
Acadian Asset Management
25
Acadian Asset Management
Massachusetts
$36.5M -$7.18M -264,502 -19%

BLDR Hedge Fund Activity: Q3 2020 in Review

290 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q3 2020, worth a combined $4.06B — up 74% from $2.33B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new BLDR positions and 28 closed out — a net gain of 57 holders — while 69 added to existing stakes and 111 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $170M. The largest seller was Conifer Management, cutting an estimated $76M.

  • 290 institutional investors held Builders FirstSource (BLDR) as of Q3 2020, up from 235 in Q2 2020.
  • Funds reported $4.06B of Builders FirstSource stock for Q3 2020, up 74% quarter-over-quarter.
  • 85 funds opened new Builders FirstSource positions in Q3 2020 and 28 closed out, a net change of +57 holders.
  • The largest Builders FirstSource buyer in Q3 2020 was Fidelity Investments, an estimated $170M added.
  • The largest Builders FirstSource seller in Q3 2020 was Conifer Management, an estimated $76M sold.

Based on aggregated 13F filings for Q3 2020.