BlueLinx
BXC
36 hedge funds and large institutions have $47.9M invested in BlueLinx in 2017 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 3 reducing their positions, and 5 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 3
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
33% more funds holding
Funds holding: 27 → 36 (+9)
20.14% less ownership
Funds ownership: 74.05% → 53.91% (-20%)
31% less capital invested
Capital invested by funds: $69.6M → $47.9M (-$21.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$6.55M |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$4.22M |
| 3 |
AWW
Alan W. Weber
|
+$2.48M |
| 4 |
CP
Covalent Partners
Concord,
Massachusetts
|
+$2.15M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FS
Feinberg Stephen
|
-$48.7M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$1.01M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$240K |
| 4 |
SIM
Spark Investment Management
New York
|
-$116K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$78K |
BXC Hedge Fund Activity: Q4 2017 in Review
36 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q4 2017, worth a combined $47.9M — down 31% from $69.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BXC positions and 5 closed out — a net gain of 9 holders — while 15 added to existing stakes and 3 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $6.55M. The largest seller was Feinberg Stephen, exiting entirely with an estimated $48.7M sold.
- 36 institutional investors held BlueLinx (BXC) as of Q4 2017, up from 27 in Q3 2017.
- Funds reported $47.9M of BlueLinx stock for Q4 2017, down 31% quarter-over-quarter.
- 14 funds opened new BlueLinx positions in Q4 2017 and 5 closed out, a net change of +9 holders.
- The largest BlueLinx buyer in Q4 2017 was Adage Capital Partners, an estimated $6.55M added.
- The largest BlueLinx seller in Q4 2017 was Feinberg Stephen, an estimated $48.7M sold.
Based on aggregated 13F filings for Q4 2017.