Granite Construction
262 hedge funds and large institutions have $2.65B invested in Granite Construction in 2024 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 72 increasing their positions, 97 reducing their positions, and 23 closing their positions.
1,882% more call options, than puts
Call options by funds: $22.8M | Put options by funds: $1.15M
117% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 23
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more funds holding
Funds holding: 237 → 262 (+25)
9% more capital invested
Capital invested by funds: $2.42B → $2.65B (+$225M)
2.72% less ownership
Funds ownership: 108.27% → 105.55% (-2.7%)
26% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$59M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$40.3M |
| 3 |
HCC
Hill City Capital
Boston,
Massachusetts
|
+$25.3M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$20.2M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$4.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$123M |
| 2 |
Morgan Stanley
New York
|
-$74.9M |
| 3 |
State Street
Boston,
Massachusetts
|
-$7.66M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.85M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$245K | -4,813 | Closed |
|
|
SM
277
Sciencast Management
Princeton,
New Jersey
| – | -$214K | -4,216 | Closed |
|
|
QT
278
Quantbot Technologies
New York
| – | -$208K | -4,082 | Closed |
|
|
TI
279
Tidal Investments
Milwaukee,
Wisconsin
| – | -$201K | -3,954 | Closed |
|
|
EC
280
EntryPoint Capital
New York
| – | -$115K | -2,269 | Closed |
|
|
ACM
281
Aquatic Capital Management
Chicago,
Illinois
| – | -$46K | -900 | Closed |
|
|
WTG
282
West Tower Group
Richmond,
Virginia
| – | -$16.3K | -320 | Closed |
|
|
AT
283
Arlington Trust
Birmingham,
Alabama
| – | -$3.25K | -64 | Closed |
|
|
FDCP
284
Foster Dykema Cabot & Partners
Waltham,
Massachusetts
| – | -$510 | -10 | Closed |
|
GVA Hedge Fund Activity: Q1 2024 in Review
262 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q1 2024, worth a combined $2.65B — up 9.3% from $2.42B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new GVA positions and 23 closed out — a net gain of 27 holders — while 72 added to existing stakes and 97 trimmed.
The largest buyer was Millennium Management, adding an estimated $59M. The largest seller was Fidelity Investments, cutting an estimated $123M.
- 262 institutional investors held Granite Construction (GVA) as of Q1 2024, up from 237 in Q4 2023.
- Funds reported $2.65B of Granite Construction stock for Q1 2024, up 9.3% quarter-over-quarter.
- 50 funds opened new Granite Construction positions in Q1 2024 and 23 closed out, a net change of +27 holders.
- The largest Granite Construction buyer in Q1 2024 was Millennium Management, an estimated $59M added.
- The largest Granite Construction seller in Q1 2024 was Fidelity Investments, an estimated $123M sold.
Based on aggregated 13F filings for Q1 2024.