Granite Construction
245 hedge funds and large institutions have $2.41B invested in Granite Construction in 2017 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 79 increasing their positions, 91 reducing their positions, and 13 closing their positions.
223% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 13
13% more funds holding
Funds holding: 216 → 245 (+29)
4% more capital invested
Capital invested by funds: $2.32B → $2.41B (+$98.8M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
4.75% less ownership
Funds ownership: 100.23% → 95.48% (-4.7%)
13% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$30.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.07M |
| 3 |
Goldman Sachs
New York
|
+$4.96M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$4.35M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$21.4M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$19.6M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$17.2M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$15M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$11.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHK
251
Point72 Hong Kong
Hong Kong
| – | -$111K | -1,921 | Closed |
|
|
FPS
252
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$106K | -1,835 | Closed |
|
|
ZB
253
Zions Bancorporation
Salt Lake City,
Utah
| – | -$11K | -181 | Closed |
|
|
LWCFA
254
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$1K | -7 | Closed |
|
|
MOS
255
MGO One Seven
Beachwood,
Ohio
| – | +$312 | +5 | New |
|
|
STA
256
Summit Trail Advisors
New York
| – | +$375 | +6 | New |
|
257
AssetMark Inc
Concord,
California
| – | +$437 | +7 | New |
|
GVA Hedge Fund Activity: Q4 2017 in Review
245 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q4 2017, worth a combined $2.41B — up 4.3% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new GVA positions and 13 closed out — a net gain of 29 holders — while 79 added to existing stakes and 91 trimmed.
The largest buyer was Millennium Management, adding an estimated $30.6M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $21.4M.
- 245 institutional investors held Granite Construction (GVA) as of Q4 2017, up from 216 in Q3 2017.
- Funds reported $2.41B of Granite Construction stock for Q4 2017, up 4.3% quarter-over-quarter.
- 42 funds opened new Granite Construction positions in Q4 2017 and 13 closed out, a net change of +29 holders.
- The largest Granite Construction buyer in Q4 2017 was Millennium Management, an estimated $30.6M added.
- The largest Granite Construction seller in Q4 2017 was Thrivent Financial for Lutherans, an estimated $21.4M sold.
Based on aggregated 13F filings for Q4 2017.