Foundation Building Materials, Inc. Common Stock
FBM
FBM was delisted on the 28th of January, 2021.
71 hedge funds and large institutions have $575M invested in Foundation Building Materials, Inc. Common Stock in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 38 increasing their positions, 11 reducing their positions, and 19 closing their positions.
245% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 11
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more capital invested
Capital invested by funds: $508M → $575M (+$67.9M)
9% less funds holding
Funds holding: 78 → 71 (-7)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$5.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.67M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$4.56M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.98M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$4.45M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$3.6M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$1.29M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$965K |
| 5 |
Millennium Management
New York
|
-$909K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
76
Scopus Asset Management
New York
| – | -$965K | -75,000 | Closed |
|
|
77
Millennium Management
New York
| – | -$909K | -70,698 | Closed |
|
|
GCP
78
GSA Capital Partners
London,
United Kingdom
| – | -$370K | -28,788 | Closed |
|
|
MWNA
79
Marshall Wace North America
New York
| – | -$285K | -21,947 | Closed |
|
|
MF
80
Magnetar Financial
Evanston,
Illinois
| – | -$186K | -14,455 | Closed |
|
|
SCM
81
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$180K | -14,016 | Closed |
|
82
D.E. Shaw & Co
New York
| – | -$164K | -12,783 | Closed |
|
|
ARTA
83
A.R.T. Advisors
New York
| – | -$149K | -11,600 | Closed |
|
84
Jane Street
New York
| – | -$144K | -11,229 | Closed |
|
|
SIM
85
Spark Investment Management
New York
| – | -$129K | -10,100 | Closed |
|
86
Barclays
London,
United Kingdom
| – | -$52K | -4,018 | Closed |
|
|
PCM
87
Prelude Capital Management
New York
| – | -$15K | -1,200 | Closed |
|
88
JP Morgan Chase
New York
| – | -$3K | -255 | Closed |
|
89
Citigroup
New York
| – | -$1K | -87 | Closed |
|
|
IA
90
IFP Advisors
Tampa,
Florida
| – | -$1K | -47 | Closed |
|
FBM Hedge Fund Activity: Q3 2017 in Review
71 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Foundation Building Materials, Inc. Common Stock (FBM) for Q3 2017, worth a combined $575M — up 13% from $508M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FBM and 13 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 38 added.
The largest buyer was Alyeska Investment Group, adding an estimated $5.4M. The largest seller was Park West Asset Management, exiting entirely with an estimated $4.45M sold.
- 71 institutional investors held Foundation Building Materials, Inc. Common Stock (FBM) as of Q3 2017, down from 78 in Q2 2017.
- Funds reported $575M of Foundation Building Materials, Inc. Common Stock stock for Q3 2017, up 13% quarter-over-quarter.
- 13 funds opened new Foundation Building Materials, Inc. Common Stock positions in Q3 2017 and 19 closed out, a net change of -6 holders.
- The largest Foundation Building Materials, Inc. Common Stock buyer in Q3 2017 was Alyeska Investment Group, an estimated $5.4M added.
- The largest Foundation Building Materials, Inc. Common Stock seller in Q3 2017 was Park West Asset Management, an estimated $4.45M sold.
Based on aggregated 13F filings for Q3 2017.