Granite Construction
GVA
216 hedge funds and large institutions have $2.32B invested in Granite Construction in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 89 increasing their positions, 75 reducing their positions, and 19 closing their positions.
310% more call options, than puts
Call options by funds: $2.67M | Put options by funds: $651K
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
22% more capital invested
Capital invested by funds: $1.89B → $2.32B (+$424M)
19% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 75
1.84% more ownership
Funds ownership: 98.39% → 100.23% (+1.8%)
1% more funds holding
Funds holding: 214 → 216 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$60.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$58.4M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$14.9M |
| 4 |
Asset Management One
Tokyo,
Japan
|
+$9.75M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$36.9M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$30.8M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$13.7M |
| 4 |
ZDA
Zweig-DiMenna Associates
New York
|
-$13.6M |
| 5 |
Goldman Sachs
New York
|
-$11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
226
Signia Capital Management
Spokane,
Washington
| – | -$323K | -6,688 | Closed |
|
|
GI
227
Gradient Investments
Arden Hills,
Minnesota
| – | -$300K | -6,229 | Closed |
|
|
NFGCM
228
Norman Fields Gottscho Capital Management
New York
| – | -$224K | -4,635 | Closed |
|
|
JG
229
Jefferies Group
New York
| – | -$208K | -4,317 | Closed |
|
|
EWM
230
Evercore Wealth Management
New York
| – | -$33K | -685 | Closed |
|
231
Creative Planning
Overland Park,
Kansas
| – | -$25K | -514 | Closed |
|
|
NA
232
NewEdge Advisors
New Orleans,
Louisiana
| – | -$22.2K | -446 | Closed |
|
|
MBT
233
Monroe Bank & Trust
Monroe,
Michigan
| – | -$10K | -200 | Closed |
|
|
CG
234
Cutler Group
San Francisco,
California
| – | -$9.65K | -183 | Closed |
|
|
PA
235
Parallel Advisors
San Francisco,
California
| – | -$6.8K | -129 | -96% |
|
GVA Hedge Fund Activity: Q3 2017 in Review
216 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q3 2017, worth a combined $2.32B — up 22% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new GVA positions and 19 closed out — a net gain of 6 holders — while 89 added to existing stakes and 75 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $60.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $36.9M.
- 216 institutional investors held Granite Construction (GVA) as of Q3 2017, up from 214 in Q2 2017.
- Funds reported $2.32B of Granite Construction stock for Q3 2017, up 22% quarter-over-quarter.
- 25 funds opened new Granite Construction positions in Q3 2017 and 19 closed out, a net change of +6 holders.
- The largest Granite Construction buyer in Q3 2017 was AllianceBernstein, an estimated $60.7M added.
- The largest Granite Construction seller in Q3 2017 was T. Rowe Price Associates, an estimated $36.9M sold.
Based on aggregated 13F filings for Q3 2017.