Builders FirstSource
BLDR
859 hedge funds and large institutions have $23.4B invested in Builders FirstSource in 2024 Q1 according to their latest regulatory filings, with 176 funds opening new positions, 287 increasing their positions, 310 reducing their positions, and 51 closing their positions.
245% more first-time investments, than exits
New positions opened: 176 | Existing positions closed: 51
20% more capital invested
Capital invested by funds: $19.6B → $23.4B (+$3.82B)
16% more funds holding
Funds holding: 743 → 859 (+116)
13% more funds holding in top 10
Funds holding in top 10: 31 → 35 (+4)
2% more call options, than puts
Call options by funds: $295M | Put options by funds: $290M
7% less repeat investments, than reductions
Existing positions increased: 287 | Existing positions reduced: 310
2.66% less ownership
Funds ownership: 94.97% → 92.3% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$430M |
| 2 |
BlackRock
New York
|
+$173M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$89.8M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$82.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$64.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$418M |
| 2 |
Morgan Stanley
New York
|
-$353M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
-$213M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$99.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$95.5M |
BLDR Hedge Fund Activity: Q1 2024 in Review
859 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Builders FirstSource (BLDR) for Q1 2024, worth a combined $23.4B — up 20% from $19.6B a quarter earlier.
Buyers outnumbered sellers: 176 funds opened new BLDR positions and 51 closed out — a net gain of 125 holders — while 287 added to existing stakes and 310 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $430M. The largest seller was Wellington Management Group, cutting an estimated $418M.
- 859 institutional investors held Builders FirstSource (BLDR) as of Q1 2024, up from 743 in Q4 2023.
- Funds reported $23.4B of Builders FirstSource stock for Q1 2024, up 20% quarter-over-quarter.
- 176 funds opened new Builders FirstSource positions in Q1 2024 and 51 closed out, a net change of +125 holders.
- The largest Builders FirstSource buyer in Q1 2024 was Fidelity Investments, an estimated $430M added.
- The largest Builders FirstSource seller in Q1 2024 was Wellington Management Group, an estimated $418M sold.
Based on aggregated 13F filings for Q1 2024.