Eagle Materials
230 hedge funds and large institutions have $3.07B invested in Eagle Materials in 2013 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 93 increasing their positions, 80 reducing their positions, and 43 closing their positions.
84% more call options, than puts
Call options by funds: $100M | Put options by funds: $54.7M
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
16% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 80
11% more capital invested
Capital invested by funds: $2.78B → $3.07B (+$295M)
0.69% more ownership
Funds ownership: 84.65% → 85.34% (+0.69%)
4% less funds holding
Funds holding: 240 → 230 (-10)
16% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$39.5M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$36M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$30.4M |
| 4 |
Cohen & Steers
New York
|
+$26.7M |
| 5 |
MAM
Marketfield Asset Management
New York
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.7M |
| 2 |
Morgan Stanley
New York
|
-$39.1M |
| 3 |
Citigroup
New York
|
-$29M |
| 4 |
PC
PointState Capital
New York
|
-$26.2M |
| 5 |
ACM
Apex Capital Management
Dayton,
Ohio
|
-$22.3M |
EXP Hedge Fund Activity: Q3 2013 in Review
230 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Eagle Materials (EXP) for Q3 2013, worth a combined $3.07B — up 11% from $2.78B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of EXP and 36 opened new positions — a net loss of 7 holders — while 80 trimmed existing stakes and 93 added.
The largest buyer was Adage Capital Partners, adding an estimated $39.5M. The largest seller was Fidelity Investments, cutting an estimated $47.7M.
- 230 institutional investors held Eagle Materials (EXP) as of Q3 2013, down from 240 in Q2 2013.
- Funds reported $3.07B of Eagle Materials stock for Q3 2013, up 11% quarter-over-quarter.
- 36 funds opened new Eagle Materials positions in Q3 2013 and 43 closed out, a net change of -7 holders.
- The largest Eagle Materials buyer in Q3 2013 was Adage Capital Partners, an estimated $39.5M added.
- The largest Eagle Materials seller in Q3 2013 was Fidelity Investments, an estimated $47.7M sold.
Based on aggregated 13F filings for Q3 2013.