BlueLinx
BXC
168 hedge funds and large institutions have $900M invested in BlueLinx in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 61 increasing their positions, 57 reducing their positions, and 17 closing their positions.
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
38% more capital invested
Capital invested by funds: $654M → $900M (+$246M)
19% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $10.2M
4% more funds holding
Funds holding: 162 → 168 (+6)
2.16% more ownership
Funds ownership: 88.45% → 90.61% (+2.2%)
7% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 57
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.9M |
| 2 |
BlackRock
New York
|
+$9.39M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$3.38M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.65M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
-$18.4M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
-$8.42M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$3.52M |
| 4 |
JP Morgan Chase
New York
|
-$2.83M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
176
Corsair Capital Management
New York
| – | -$410K | -4,999 | Closed |
|
|
SFI
177
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$389K | -4,735 | Closed |
|
|
CCM
178
Channing Capital Management
Chicago,
Illinois
| – | -$362K | -4,411 | Closed |
|
|
JF
179
Jump Financial
Chicago,
Illinois
| – | -$318K | -3,878 | Closed |
|
180
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$301K | -3,661 | Closed |
|
|
QT
181
Quantbot Technologies
New York
| – | -$280K | -3,406 | Closed |
|
|
QC
182
Quadrature Capital
London,
United Kingdom
| – | -$240K | -2,918 | Closed |
|
|
EGM
183
Engineers Gate Manager
New York
| – | -$217K | -2,640 | Closed |
|
184
DZ Bank
Frankfurt Am Main,
Germany
| – | -$96K | -1,170 | Closed |
|
|
GWS
185
Glassman Wealth Services
Vienna,
Virginia
| – | -$903 | -11 | Closed |
|
BXC Hedge Fund Activity: Q4 2023 in Review
168 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q4 2023, worth a combined $900M — up 38% from $654M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new BXC positions and 17 closed out — a net gain of 10 holders — while 61 added to existing stakes and 57 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.9M. The largest seller was Nokomis Capital, cutting an estimated $18.4M.
- 168 institutional investors held BlueLinx (BXC) as of Q4 2023, up from 162 in Q3 2023.
- Funds reported $900M of BlueLinx stock for Q4 2023, up 38% quarter-over-quarter.
- 27 funds opened new BlueLinx positions in Q4 2023 and 17 closed out, a net change of +10 holders.
- The largest BlueLinx buyer in Q4 2023 was Morgan Stanley, an estimated $14.9M added.
- The largest BlueLinx seller in Q4 2023 was Nokomis Capital, an estimated $18.4M sold.
Based on aggregated 13F filings for Q4 2023.