BlueLinx
BXC
150 hedge funds and large institutions have $739M invested in BlueLinx in 2021 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 43 increasing their positions, 50 reducing their positions, and 18 closing their positions.
144% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 18
104% more capital invested
Capital invested by funds: $362M → $739M (+$376M)
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
20% more funds holding
Funds holding: 125 → 150 (+25)
3.36% more ownership
Funds ownership: 76.2% → 79.57% (+3.4%)
14% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 50
66% less call options, than puts
Call options by funds: $16M | Put options by funds: $46.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$13.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.83M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$6.24M |
| 4 |
VC
Voss Capital
Houston,
Texas
|
+$4.56M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$10.8M |
| 2 |
GJL
Gendell Jeffrey L
|
-$9.29M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$5.43M |
| 4 |
RA
Royce & Associates
New York
|
-$5.39M |
| 5 |
JCP
JB Capital Partners
Armonk,
New York
|
-$4.4M |
BXC Hedge Fund Activity: Q4 2021 in Review
150 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q4 2021, worth a combined $739M — up 104% from $362M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new BXC positions and 18 closed out — a net gain of 26 holders — while 43 added to existing stakes and 50 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $13.1M. The largest seller was Solas Capital Management, cutting an estimated $10.8M.
- 150 institutional investors held BlueLinx (BXC) as of Q4 2021, up from 125 in Q3 2021.
- Funds reported $739M of BlueLinx stock for Q4 2021, up 104% quarter-over-quarter.
- 44 funds opened new BlueLinx positions in Q4 2021 and 18 closed out, a net change of +26 holders.
- The largest BlueLinx buyer in Q4 2021 was Driehaus Capital Management, an estimated $13.1M added.
- The largest BlueLinx seller in Q4 2021 was Solas Capital Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2021.