Granite Construction
271 hedge funds and large institutions have $2.99B invested in Granite Construction in 2024 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 77 increasing their positions, 101 reducing their positions, and 34 closing their positions.
2,375% more call options, than puts
Call options by funds: $24.4M | Put options by funds: $985K
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
29% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 34
13% more capital invested
Capital invested by funds: $2.65B → $2.99B (+$348M)
3.86% more ownership
Funds ownership: 105.55% → 109.41% (+3.9%)
3% more funds holding
Funds holding: 262 → 271 (+9)
24% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$75.8M |
| 2 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$48.9M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$27.9M |
| 4 |
HCC
Hill City Capital
Boston,
Massachusetts
|
+$25M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.1M |
| 2 |
Goldman Sachs
New York
|
-$20M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$14.2M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$13.5M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$12M |
GVA Hedge Fund Activity: Q2 2024 in Review
271 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q2 2024, worth a combined $2.99B — up 13% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new GVA positions and 34 closed out — a net gain of 10 holders — while 77 added to existing stakes and 101 trimmed.
The largest buyer was Millennium Management, adding an estimated $75.8M. The largest seller was Fidelity Investments, cutting an estimated $32.1M.
- 271 institutional investors held Granite Construction (GVA) as of Q2 2024, up from 262 in Q1 2024.
- Funds reported $2.99B of Granite Construction stock for Q2 2024, up 13% quarter-over-quarter.
- 44 funds opened new Granite Construction positions in Q2 2024 and 34 closed out, a net change of +10 holders.
- The largest Granite Construction buyer in Q2 2024 was Millennium Management, an estimated $75.8M added.
- The largest Granite Construction seller in Q2 2024 was Fidelity Investments, an estimated $32.1M sold.
Based on aggregated 13F filings for Q2 2024.