Granite Construction
199 hedge funds and large institutions have $1.78B invested in Granite Construction in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 65 increasing their positions, 74 reducing their positions, and 36 closing their positions.
478% more call options, than puts
Call options by funds: $850K | Put options by funds: $147K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.81% less ownership
Funds ownership: 105.42% → 102.62% (-2.8%)
6% less capital invested
Capital invested by funds: $1.89B → $1.78B (-$111M)
7% less funds holding
Funds holding: 215 → 199 (-16)
12% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 74
42% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Mizuho Markets Americas
New York
|
+$31.3M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$20.5M |
| 3 |
Goldman Sachs
New York
|
+$8.43M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$8.07M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$34.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$18.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$16M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$11.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
226
Teton Advisors
Rye,
New York
| – | -$205K | -5,000 | Closed |
|
227
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$43K | -1,054 | Closed |
|
|
BAM
228
Belpointe Asset Management
Reno,
Nevada
| – | -$27.6K | -673 | Closed |
|
|
TWA
229
TCI Wealth Advisors
Tucson,
Arizona
| – | -$10.9K | -266 | Closed |
|
230
Creative Planning
Overland Park,
Kansas
| – | -$1.52K | -37 | Closed |
|
|
FCA
231
Fortis Capital Advisors
Prairie Village,
Kansas
| – | -$1.15K | -28 | Closed |
|
|
SC
232
Schubert & Co
Mckinney,
Texas
| – | -$1.11K | -27 | Closed |
|
|
HS
233
Horan Securities
Cincinnati,
United States
| – | -$657 | -16 | Closed |
|
234
Comerica Bank
Dallas,
Texas
| – | +$9.98M | +261,102 | New |
|
GVA Hedge Fund Activity: Q2 2023 in Review
199 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q2 2023, worth a combined $1.78B — down 5.9% from $1.89B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of GVA and 21 opened new positions — a net loss of 15 holders — while 74 trimmed existing stakes and 65 added.
The largest buyer was Mizuho Markets Americas, opening a new position worth an estimated $31.3M. The largest seller was Morgan Stanley, cutting an estimated $34.9M.
- 199 institutional investors held Granite Construction (GVA) as of Q2 2023, down from 215 in Q1 2023.
- Funds reported $1.78B of Granite Construction stock for Q2 2023, down 5.9% quarter-over-quarter.
- 21 funds opened new Granite Construction positions in Q2 2023 and 36 closed out, a net change of -15 holders.
- The largest Granite Construction buyer in Q2 2023 was Mizuho Markets Americas, an estimated $31.3M added.
- The largest Granite Construction seller in Q2 2023 was Morgan Stanley, an estimated $34.9M sold.
Based on aggregated 13F filings for Q2 2023.