BlueLinx
BXC
55 hedge funds and large institutions have $57.1M invested in BlueLinx in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 20 closing their positions.
52,850% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $2K
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
48% more capital invested
Capital invested by funds: $38.7M → $57.1M (+$18.5M)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
4% less funds holding
Funds holding: 57 → 55 (-2)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
12.19% less ownership
Funds ownership: 83.36% → 71.18% (-12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$2.64M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.81M |
| 3 |
Morgan Stanley
New York
|
+$1.7M |
| 4 |
PC
PA Capital
Richmond,
Virginia
|
+$1.49M |
| 5 |
GJL
Gendell Jeffrey L
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$4.27M |
| 2 |
BlackRock
New York
|
-$2.86M |
| 3 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
-$2.46M |
| 4 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$2.06M |
| 5 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$1.16M |
BXC Hedge Fund Activity: Q2 2020 in Review
55 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q2 2020, worth a combined $57.1M — up 48% from $38.7M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BXC and 18 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was Greenhaven Road Investment Management, opening a new position worth an estimated $2.64M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $4.27M sold.
- 55 institutional investors held BlueLinx (BXC) as of Q2 2020, down from 57 in Q1 2020.
- Funds reported $57.1M of BlueLinx stock for Q2 2020, up 48% quarter-over-quarter.
- 18 funds opened new BlueLinx positions in Q2 2020 and 20 closed out, a net change of -2 holders.
- The largest BlueLinx buyer in Q2 2020 was Greenhaven Road Investment Management, an estimated $2.64M added.
- The largest BlueLinx seller in Q2 2020 was Adage Capital Partners, an estimated $4.27M sold.
Based on aggregated 13F filings for Q2 2020.