BlueLinx
BXC
88 hedge funds and large institutions have $252M invested in BlueLinx in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 22 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
116% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $1.14M
59% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 22
36% more capital invested
Capital invested by funds: $185M → $252M (+$66.6M)
13% more funds holding
Funds holding: 78 → 88 (+10)
0.76% more ownership
Funds ownership: 66.96% → 67.72% (+0.76%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$5.43M |
| 2 |
Millennium Management
New York
|
+$5.4M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.21M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.23M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
-$11.3M |
| 2 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
-$9.07M |
| 3 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$4.07M |
| 4 |
AC
Apogem Capital
New York
|
-$2.45M |
| 5 |
CAM
Crown Advisors Management
Larkspur,
California
|
-$1.94M |
BXC Hedge Fund Activity: Q1 2021 in Review
88 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q1 2021, worth a combined $252M — up 36% from $185M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BXC positions and 9 closed out — a net gain of 11 holders — while 35 added to existing stakes and 22 trimmed.
The largest buyer was Portolan Capital Management, adding an estimated $5.43M. The largest seller was Nokomis Capital, cutting an estimated $11.3M.
- 88 institutional investors held BlueLinx (BXC) as of Q1 2021, up from 78 in Q4 2020.
- Funds reported $252M of BlueLinx stock for Q1 2021, up 36% quarter-over-quarter.
- 20 funds opened new BlueLinx positions in Q1 2021 and 9 closed out, a net change of +11 holders.
- The largest BlueLinx buyer in Q1 2021 was Portolan Capital Management, an estimated $5.43M added.
- The largest BlueLinx seller in Q1 2021 was Nokomis Capital, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2021.