BlueLinx
BXC
152 hedge funds and large institutions have $549M invested in BlueLinx in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 53 increasing their positions, 57 reducing their positions, and 15 closing their positions.
128% more call options, than puts
Call options by funds: $5.45M | Put options by funds: $2.39M
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
6.38% more ownership
Funds ownership: 82.79% → 89.17% (+6.4%)
6% more funds holding
Funds holding: 143 → 152 (+9)
3% more capital invested
Capital invested by funds: $533M → $549M (+$16.3M)
7% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 57
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
+$24.3M |
| 2 |
Goldman Sachs
New York
|
+$6.42M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$5.18M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$3.35M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$9.93M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
-$6.12M |
| 3 |
BlackRock
New York
|
-$4.1M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$3.88M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.26M |
BXC Hedge Fund Activity: Q1 2023 in Review
152 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BlueLinx (BXC) for Q1 2023, worth a combined $549M — up 3.1% from $533M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BXC positions and 15 closed out — a net gain of 10 holders — while 53 added to existing stakes and 57 trimmed.
The largest buyer was Voss Capital, adding an estimated $24.3M. The largest seller was Portolan Capital Management, cutting an estimated $9.93M.
- 152 institutional investors held BlueLinx (BXC) as of Q1 2023, up from 143 in Q4 2022.
- Funds reported $549M of BlueLinx stock for Q1 2023, up 3.1% quarter-over-quarter.
- 25 funds opened new BlueLinx positions in Q1 2023 and 15 closed out, a net change of +10 holders.
- The largest BlueLinx buyer in Q1 2023 was Voss Capital, an estimated $24.3M added.
- The largest BlueLinx seller in Q1 2023 was Portolan Capital Management, an estimated $9.93M sold.
Based on aggregated 13F filings for Q1 2023.