BlueLinx
BXC
61 hedge funds and large institutions have $166M invested in BlueLinx in 2018 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 5 closing their positions.
500% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 5
247% more capital invested
Capital invested by funds: $47.9M → $166M (+$118M)
69% more funds holding
Funds holding: 36 → 61 (+25)
1.14% more ownership
Funds ownership: 53.91% → 55.06% (+1.1%)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$6.05M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$5.44M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
+$3.75M |
| 4 |
BlackRock
New York
|
+$3.24M |
| 5 |
GJL
Gendell Jeffrey L
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$13.7M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$4.95M |
| 3 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$4.34M |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$3.85M |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$2.75M |
BXC Hedge Fund Activity: Q1 2018 in Review
61 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q1 2018, worth a combined $166M — up 247% from $47.9M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BXC positions and 5 closed out — a net gain of 25 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $6.05M. The largest seller was Adage Capital Partners, cutting an estimated $13.7M.
- 61 institutional investors held BlueLinx (BXC) as of Q1 2018, up from 36 in Q4 2017.
- Funds reported $166M of BlueLinx stock for Q1 2018, up 247% quarter-over-quarter.
- 30 funds opened new BlueLinx positions in Q1 2018 and 5 closed out, a net change of +25 holders.
- The largest BlueLinx buyer in Q1 2018 was Renaissance Technologies, an estimated $6.05M added.
- The largest BlueLinx seller in Q1 2018 was Adage Capital Partners, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2018.