BlueLinx
BXC
49 hedge funds and large institutions have $141M invested in BlueLinx in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 7 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.04% less ownership
Funds ownership: 8.41% → 8.38% (-0.04%)
8% less funds holding
Funds holding: 53 → 49 (-4)
10% less capital invested
Capital invested by funds: $157M → $141M (-$15.4M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$1.85M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$380K |
| 3 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$370K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$284K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.84M |
| 2 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$316K |
| 3 |
Renaissance Technologies
New York
|
-$291K |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$77.1K |
| 5 |
Two Sigma Advisers
New York
|
-$40K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
51
TFS Capital
West Chester,
Pennsylvania
| – | -$29K | -1,363 | Closed |
|
|
CS
52
Credit Suisse
Zurich,
Switzerland
| – | -$28K | -1,292 | Closed |
|
53
BNP Paribas Financial Markets
Paris,
France
| – | -$24K | -1,115 | Closed |
|
|
PAM
54
Panagora Asset Management
Boston,
Massachusetts
| – | -$18K | -842 | Closed |
|
55
AllianceBernstein
Nashville,
Tennessee
| – | -$3K | -149 | Closed |
|
|
RFC
56
Russell Frank Company
Seattle,
Washington
| – | +$19 | +1 | +6% |
|
BXC Hedge Fund Activity: Q3 2013 in Review
49 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q3 2013, worth a combined $141M — down 9.8% from $157M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BXC and 3 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 26 added.
The largest buyer was Carlson Capital, adding an estimated $1.85M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $3.84M sold.
- 49 institutional investors held BlueLinx (BXC) as of Q3 2013, down from 53 in Q2 2013.
- Funds reported $141M of BlueLinx stock for Q3 2013, down 9.8% quarter-over-quarter.
- 3 funds opened new BlueLinx positions in Q3 2013 and 7 closed out, a net change of -4 holders.
- The largest BlueLinx buyer in Q3 2013 was Carlson Capital, an estimated $1.85M added.
- The largest BlueLinx seller in Q3 2013 was Portolan Capital Management, an estimated $3.84M sold.
Based on aggregated 13F filings for Q3 2013.