Granite Construction
GVA
185 hedge funds and large institutions have $739M invested in Granite Construction in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 74 increasing their positions, 55 reducing their positions, and 40 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 55
5.09% less ownership
Funds ownership: 109.11% → 104.02% (-5.1%)
6% less funds holding
Funds holding: 196 → 185 (-11)
20% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 40
48% less capital invested
Capital invested by funds: $1.41B → $739M (-$672M)
92% less call options, than puts
Call options by funds: $397K | Put options by funds: $4.68M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$35M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.5M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$10.1M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$7.09M |
| 5 |
D.E. Shaw & Co
New York
|
+$6.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$38.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.4M |
| 3 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$21.5M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$17.4M |
| 5 |
Goldman Sachs
New York
|
-$15.6M |
GVA Hedge Fund Activity: Q1 2020 in Review
185 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q1 2020, worth a combined $739M — down 48% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of GVA and 32 opened new positions — a net loss of 8 holders — while 55 trimmed existing stakes and 74 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $35M. The largest seller was Macquarie Group, exiting entirely with an estimated $38.9M sold.
- 185 institutional investors held Granite Construction (GVA) as of Q1 2020, down from 196 in Q4 2019.
- Funds reported $739M of Granite Construction stock for Q1 2020, down 48% quarter-over-quarter.
- 32 funds opened new Granite Construction positions in Q1 2020 and 40 closed out, a net change of -8 holders.
- The largest Granite Construction buyer in Q1 2020 was Adage Capital Partners, an estimated $35M added.
- The largest Granite Construction seller in Q1 2020 was Macquarie Group, an estimated $38.9M sold.
Based on aggregated 13F filings for Q1 2020.