Granite Construction
209 hedge funds and large institutions have $1.81B invested in Granite Construction in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 77 increasing their positions, 88 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
6% more capital invested
Capital invested by funds: $1.71B → $1.81B (+$104M)
2% more funds holding
Funds holding: 205 → 209 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.96% less ownership
Funds ownership: 95.48% → 92.52% (-3%)
13% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$44.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$37.8M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$11.5M |
| 4 |
STMM
South Texas Money Management
San Antonio,
Texas
|
+$9.35M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$8.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$37.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$29.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$22.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$16.7M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$16.2M |
GVA Hedge Fund Activity: Q3 2016 in Review
209 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q3 2016, worth a combined $1.81B — up 6.1% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GVA positions and 15 closed out — a net gain of 5 holders — while 77 added to existing stakes and 88 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $44.7M. The largest seller was AllianceBernstein, cutting an estimated $37.1M.
- 209 institutional investors held Granite Construction (GVA) as of Q3 2016, up from 205 in Q2 2016.
- Funds reported $1.81B of Granite Construction stock for Q3 2016, up 6.1% quarter-over-quarter.
- 20 funds opened new Granite Construction positions in Q3 2016 and 15 closed out, a net change of +5 holders.
- The largest Granite Construction buyer in Q3 2016 was T. Rowe Price Associates, an estimated $44.7M added.
- The largest Granite Construction seller in Q3 2016 was AllianceBernstein, an estimated $37.1M sold.
Based on aggregated 13F filings for Q3 2016.