Eagle Materials
286 hedge funds and large institutions have $3.44B invested in Eagle Materials in 2020 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 83 increasing their positions, 113 reducing their positions, and 37 closing their positions.
21% more capital invested
Capital invested by funds: $2.85B → $3.44B (+$586M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
3% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 37
1% less funds holding
Funds holding: 290 → 286 (-4)
1.69% less ownership
Funds ownership: 97.15% → 95.46% (-1.7%)
27% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 113
60% less call options, than puts
Call options by funds: $6.14M | Put options by funds: $15.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$80.5M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$30.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$29.1M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$24.5M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$30.1M |
| 2 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$22.3M |
| 3 |
BBCM
Broad Bay Capital Management
New York
|
-$21.7M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$20.9M |
| 5 |
Neuberger Berman Group
New York
|
-$19M |
EXP Hedge Fund Activity: Q3 2020 in Review
286 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Eagle Materials (EXP) for Q3 2020, worth a combined $3.44B — up 21% from $2.85B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of EXP and 36 opened new positions — a net loss of 1 holder — while 113 trimmed existing stakes and 83 added.
The largest buyer was Fidelity Investments, adding an estimated $80.5M. The largest seller was Sachem Head Capital Management, cutting an estimated $30.1M.
- 286 institutional investors held Eagle Materials (EXP) as of Q3 2020, down from 290 in Q2 2020.
- Funds reported $3.44B of Eagle Materials stock for Q3 2020, up 21% quarter-over-quarter.
- 36 funds opened new Eagle Materials positions in Q3 2020 and 37 closed out, a net change of -1 holder.
- The largest Eagle Materials buyer in Q3 2020 was Fidelity Investments, an estimated $80.5M added.
- The largest Eagle Materials seller in Q3 2020 was Sachem Head Capital Management, an estimated $30.1M sold.
Based on aggregated 13F filings for Q3 2020.