Eagle Materials
329 hedge funds and large institutions have $4.7B invested in Eagle Materials in 2018 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 121 increasing their positions, 119 reducing their positions, and 44 closing their positions.
161% more call options, than puts
Call options by funds: $73.3M | Put options by funds: $28.1M
2% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 119
2% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 44
1% less funds holding
Funds holding: 334 → 329 (-5)
2.46% less ownership
Funds ownership: 96.15% → 93.69% (-2.5%)
11% less capital invested
Capital invested by funds: $5.3B → $4.7B (-$599M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$94.3M |
| 2 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
+$78M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$73.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$51.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$49.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$202M |
| 2 |
JP Morgan Chase
New York
|
-$80.8M |
| 3 |
Goldman Sachs
New York
|
-$68.6M |
| 4 |
LHC
Lodge Hill Capital
New York
|
-$50.8M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$24.5M |
EXP Hedge Fund Activity: Q1 2018 in Review
329 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Eagle Materials (EXP) for Q1 2018, worth a combined $4.7B — down 11% from $5.3B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of EXP and 43 opened new positions — a net loss of 1 holder — while 119 trimmed existing stakes and 121 added.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $94.3M. The largest seller was Fidelity Investments, cutting an estimated $202M.
- 329 institutional investors held Eagle Materials (EXP) as of Q1 2018, down from 334 in Q4 2017.
- Funds reported $4.7B of Eagle Materials stock for Q1 2018, down 11% quarter-over-quarter.
- 43 funds opened new Eagle Materials positions in Q1 2018 and 44 closed out, a net change of -1 holder.
- The largest Eagle Materials buyer in Q1 2018 was Melvin Capital Management, an estimated $94.3M added.
- The largest Eagle Materials seller in Q1 2018 was Fidelity Investments, an estimated $202M sold.
Based on aggregated 13F filings for Q1 2018.