BlueLinx
BXC
88 hedge funds and large institutions have $190M invested in BlueLinx in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 15 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
2% more funds holding
Funds holding: 86 → 88 (+2)
2.25% more ownership
Funds ownership: 62.62% → 64.87% (+2.2%)
12% less capital invested
Capital invested by funds: $216M → $190M (-$26.6M)
19% less call options, than puts
Call options by funds: $3.65M | Put options by funds: $4.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$8.62M |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
+$8.24M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$3.96M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$3.55M |
| 5 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$8.4M |
| 2 |
Renaissance Technologies
New York
|
-$5.9M |
| 3 |
FSCM
First Sabrepoint Capital Management
Dallas,
Texas
|
-$3.76M |
| 4 |
JP Morgan Chase
New York
|
-$2.77M |
| 5 |
SIM
Spark Investment Management
New York
|
-$2.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
101
Centaurus Financial
Anaheim,
California
| – | -$29K | -785 | Closed |
|
102
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$12K | -311 | Closed |
|
|
PIA
103
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$6K | -155 | Closed |
|
BXC Hedge Fund Activity: Q3 2018 in Review
88 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q3 2018, worth a combined $190M — down 12% from $216M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BXC positions and 15 closed out — a net gain of 3 holders — while 33 added to existing stakes and 21 trimmed.
The largest buyer was Gendell Jeffrey L, adding an estimated $8.62M. The largest seller was Hancock Whitney, exiting entirely with an estimated $8.4M sold.
- 88 institutional investors held BlueLinx (BXC) as of Q3 2018, up from 86 in Q2 2018.
- Funds reported $190M of BlueLinx stock for Q3 2018, down 12% quarter-over-quarter.
- 18 funds opened new BlueLinx positions in Q3 2018 and 15 closed out, a net change of +3 holders.
- The largest BlueLinx buyer in Q3 2018 was Gendell Jeffrey L, an estimated $8.62M added.
- The largest BlueLinx seller in Q3 2018 was Hancock Whitney, an estimated $8.4M sold.
Based on aggregated 13F filings for Q3 2018.