Granite Construction
GVA
227 hedge funds and large institutions have $1.84B invested in Granite Construction in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 97 increasing their positions, 82 reducing their positions, and 47 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 82
2.23% more ownership
Funds ownership: 90.46% → 92.69% (+2.2%)
7% less capital invested
Capital invested by funds: $1.97B → $1.84B (-$128M)
11% less funds holding
Funds holding: 254 → 227 (-27)
29% less call options, than puts
Call options by funds: $2.65M | Put options by funds: $3.75M
43% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$211M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$19.6M |
| 3 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$19.3M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$18.6M |
| 5 |
O
OppenheimerFunds
New York
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$34.3M |
| 2 |
Millennium Management
New York
|
-$24M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$17.2M |
| 4 |
CCI
Columbus Circle Investors
|
-$13.9M |
| 5 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$10.8M |
GVA Hedge Fund Activity: Q1 2017 in Review
227 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q1 2017, worth a combined $1.84B — down 6.5% from $1.97B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of GVA and 27 opened new positions — a net loss of 20 holders — while 82 trimmed existing stakes and 97 added.
The largest buyer was BlackRock, adding an estimated $211M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $34.3M sold.
- 227 institutional investors held Granite Construction (GVA) as of Q1 2017, down from 254 in Q4 2016.
- Funds reported $1.84B of Granite Construction stock for Q1 2017, down 6.5% quarter-over-quarter.
- 27 funds opened new Granite Construction positions in Q1 2017 and 47 closed out, a net change of -20 holders.
- The largest Granite Construction buyer in Q1 2017 was BlackRock, an estimated $211M added.
- The largest Granite Construction seller in Q1 2017 was Lord, Abbett & Co, an estimated $34.3M sold.
Based on aggregated 13F filings for Q1 2017.