Granite Construction
263 hedge funds and large institutions have $2.16B invested in Granite Construction in 2018 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 103 increasing their positions, 74 reducing their positions, and 21 closing their positions.
105% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 21
43% more call options, than puts
Call options by funds: $2.85M | Put options by funds: $2M
39% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 74
7% more funds holding
Funds holding: 245 → 263 (+18)
1.07% more ownership
Funds ownership: 95.48% → 96.56% (+1.1%)
11% less capital invested
Capital invested by funds: $2.41B → $2.16B (-$257M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Saya Management
New York
|
+$12M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$8.55M |
| 3 |
Goldman Sachs
New York
|
+$8.4M |
| 4 |
Renaissance Technologies
New York
|
+$8.05M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$7.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$21.2M |
| 2 |
QAM
QCI Asset Management
Pittsford,
New York
|
-$15.8M |
| 3 |
Bank of New York Mellon
New York
|
-$13.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$13.9M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$7.77M |
GVA Hedge Fund Activity: Q1 2018 in Review
263 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q1 2018, worth a combined $2.16B — down 11% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new GVA positions and 21 closed out — a net gain of 22 holders — while 103 added to existing stakes and 74 trimmed.
The largest buyer was Saya Management, opening a new position worth an estimated $12M. The largest seller was Ameriprise, cutting an estimated $21.2M.
- 263 institutional investors held Granite Construction (GVA) as of Q1 2018, up from 245 in Q4 2017.
- Funds reported $2.16B of Granite Construction stock for Q1 2018, down 11% quarter-over-quarter.
- 43 funds opened new Granite Construction positions in Q1 2018 and 21 closed out, a net change of +22 holders.
- The largest Granite Construction buyer in Q1 2018 was Saya Management, an estimated $12M added.
- The largest Granite Construction seller in Q1 2018 was Ameriprise, an estimated $21.2M sold.
Based on aggregated 13F filings for Q1 2018.