BlueLinx
BXC
63 hedge funds and large institutions have $169M invested in BlueLinx in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 15 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
8.11% more ownership
Funds ownership: 83.26% → 91.37% (+8.1%)
11% less funds holding
Funds holding: 71 → 63 (-8)
16% less call options, than puts
Call options by funds: $572K | Put options by funds: $685K
18% less capital invested
Capital invested by funds: $206M → $169M (-$36.8M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$9.68M |
| 2 |
GJL
Gendell Jeffrey L
|
+$3.9M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.85M |
| 4 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
+$2.55M |
| 5 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$2.55M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$2M |
| 3 |
DFAM
Deep Field Asset Management
Beverly Hills,
California
|
-$786K |
| 4 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$400K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$383K |
BXC Hedge Fund Activity: Q2 2019 in Review
63 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q2 2019, worth a combined $169M — down 18% from $206M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BXC and 9 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 25 added.
The largest buyer was Coliseum Capital Management, adding an estimated $9.68M. The largest seller was First Trust Capital Management, cutting an estimated $2.55M.
- 63 institutional investors held BlueLinx (BXC) as of Q2 2019, down from 71 in Q1 2019.
- Funds reported $169M of BlueLinx stock for Q2 2019, down 18% quarter-over-quarter.
- 9 funds opened new BlueLinx positions in Q2 2019 and 15 closed out, a net change of -6 holders.
- The largest BlueLinx buyer in Q2 2019 was Coliseum Capital Management, an estimated $9.68M added.
- The largest BlueLinx seller in Q2 2019 was First Trust Capital Management, an estimated $2.55M sold.
Based on aggregated 13F filings for Q2 2019.