Granite Construction
GVA
154 hedge funds and large institutions have $1.25B invested in Granite Construction in 2015 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 65 increasing their positions, 48 reducing their positions, and 15 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 48
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
2% more funds holding
Funds holding: 151 → 154 (+3)
2.29% less ownership
Funds ownership: 93.62% → 91.33% (-2.3%)
10% less capital invested
Capital invested by funds: $1.39B → $1.25B (-$136M)
25% less call options, than puts
Call options by funds: $520K | Put options by funds: $694K
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$16.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$7.13M |
| 3 |
Renaissance Technologies
New York
|
+$4.18M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.95M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$18.8M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$9.79M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$9.32M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$9M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$8.36M |
GVA Hedge Fund Activity: Q1 2015 in Review
154 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q1 2015, worth a combined $1.25B — down 9.8% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new GVA positions and 15 closed out — a net gain of 4 holders — while 65 added to existing stakes and 48 trimmed.
The largest buyer was Skyline Asset Management, opening a new position worth an estimated $16.5M. The largest seller was Heartland Advisors, cutting an estimated $18.8M.
- 154 institutional investors held Granite Construction (GVA) as of Q1 2015, up from 151 in Q4 2014.
- Funds reported $1.25B of Granite Construction stock for Q1 2015, down 9.8% quarter-over-quarter.
- 19 funds opened new Granite Construction positions in Q1 2015 and 15 closed out, a net change of +4 holders.
- The largest Granite Construction buyer in Q1 2015 was Skyline Asset Management, an estimated $16.5M added.
- The largest Granite Construction seller in Q1 2015 was Heartland Advisors, an estimated $18.8M sold.
Based on aggregated 13F filings for Q1 2015.