BlueLinx
BXC
71 hedge funds and large institutions have $206M invested in BlueLinx in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 16 closing their positions.
7% more capital invested
Capital invested by funds: $193M → $206M (+$12.9M)
0.85% less ownership
Funds ownership: 84.11% → 83.26% (-0.85%)
5% less call options, than puts
Call options by funds: $2.88M | Put options by funds: $3.04M
7% less funds holding
Funds holding: 76 → 71 (-5)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$5.96M |
| 2 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$1.85M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.64M |
| 4 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$1.17M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.36M |
| 2 |
Renaissance Technologies
New York
|
-$1.23M |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
-$1.12M |
| 4 |
SPCP
Snow Park Capital Partners
New York
|
-$1.03M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.03M |
BXC Hedge Fund Activity: Q1 2019 in Review
71 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q1 2019, worth a combined $206M — up 6.7% from $193M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BXC and 12 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 19 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $5.96M. The largest seller was Deutsche Bank, cutting an estimated $1.36M.
- 71 institutional investors held BlueLinx (BXC) as of Q1 2019, down from 76 in Q4 2018.
- Funds reported $206M of BlueLinx stock for Q1 2019, up 6.7% quarter-over-quarter.
- 12 funds opened new BlueLinx positions in Q1 2019 and 16 closed out, a net change of -4 holders.
- The largest BlueLinx buyer in Q1 2019 was Punch & Associates Investment Management, an estimated $5.96M added.
- The largest BlueLinx seller in Q1 2019 was Deutsche Bank, an estimated $1.36M sold.
Based on aggregated 13F filings for Q1 2019.