BlueLinx
BXC
181 hedge funds and large institutions have $1B invested in BlueLinx in 2024 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 49 increasing their positions, 65 reducing their positions, and 25 closing their positions.
223% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $3.19M
56% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 25
11% more capital invested
Capital invested by funds: $900M → $1B (+$101M)
8% more funds holding
Funds holding: 168 → 181 (+13)
1.66% less ownership
Funds ownership: 90.61% → 88.95% (-1.7%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
25% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$5.17M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$4.69M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$4.39M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.6M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
-$12M |
| 3 |
NC
Nokomis Capital
Dallas,
Texas
|
-$10.3M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$5.61M |
| 5 |
Two Sigma Investments
New York
|
-$4.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$65K | -568 | Closed |
|
|
WAM
202
Wolverine Asset Management
Chicago,
Illinois
| – | -$31.3K | -276 | Closed |
|
|
CSS
203
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$30.3K | -267 | Closed |
|
204
Belvedere Trading
Chicago,
Illinois
| – | -$15K | -132 | Closed |
|
|
LF
205
Lee Financial
Dallas,
Texas
| – | -$1.7K | -15 | Closed |
|
|
ASN
206
Advisory Services Network
Atlanta,
Georgia
| – | -$453 | -4 | Closed |
|
BXC Hedge Fund Activity: Q1 2024 in Review
181 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q1 2024, worth a combined $1B — up 11% from $900M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BXC positions and 25 closed out — a net gain of 14 holders — while 49 added to existing stakes and 65 trimmed.
The largest buyer was BlackRock, adding an estimated $5.3M. The largest seller was Morgan Stanley, cutting an estimated $16.6M.
- 181 institutional investors held BlueLinx (BXC) as of Q1 2024, up from 168 in Q4 2023.
- Funds reported $1B of BlueLinx stock for Q1 2024, up 11% quarter-over-quarter.
- 39 funds opened new BlueLinx positions in Q1 2024 and 25 closed out, a net change of +14 holders.
- The largest BlueLinx buyer in Q1 2024 was BlackRock, an estimated $5.3M added.
- The largest BlueLinx seller in Q1 2024 was Morgan Stanley, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2024.