Granite Construction
GVA
141 hedge funds and large institutions have $1.02B invested in Granite Construction in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 58 increasing their positions, 50 reducing their positions, and 14 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 50
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
3% more capital invested
Capital invested by funds: $990M → $1.02B (+$30.7M)
1% more funds holding
Funds holding: 140 → 141 (+1)
0.3% more ownership
Funds ownership: 85.7% → 86% (+0.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
72% less call options, than puts
Call options by funds: $12K | Put options by funds: $43K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$7.49M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$6.96M |
| 3 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$4.88M |
| 4 |
FCAM
F&C Asset Management
Edinburgh, Scotland,
United Kingdom
|
+$4.34M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
-$27.7M |
| 2 |
Bank of New York Mellon
New York
|
-$10.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.01M |
| 4 |
Renaissance Technologies
New York
|
-$5.22M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$4.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BJ
151
BlackRock Japan
Tokyo,
Japan
| – | -$109K | -3,650 | Closed |
|
152
Group One Trading
Chicago,
Illinois
| – | -$41K | -1,365 | Closed |
|
|
PAM
153
Paradigm Asset Management
New York
| – | -$40.2K | -1,350 | Closed |
|
|
OMCS
154
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$15K | -500 | Closed |
|
GVA Hedge Fund Activity: Q3 2013 in Review
141 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q3 2013, worth a combined $1.02B — up 3.1% from $990M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GVA positions and 14 closed out — a net gain of 2 holders — while 58 added to existing stakes and 50 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $7.49M. The largest seller was KeyBank National Association, cutting an estimated $27.7M.
- 141 institutional investors held Granite Construction (GVA) as of Q3 2013, up from 140 in Q2 2013.
- Funds reported $1.02B of Granite Construction stock for Q3 2013, up 3.1% quarter-over-quarter.
- 16 funds opened new Granite Construction positions in Q3 2013 and 14 closed out, a net change of +2 holders.
- The largest Granite Construction buyer in Q3 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $7.49M added.
- The largest Granite Construction seller in Q3 2013 was KeyBank National Association, an estimated $27.7M sold.
Based on aggregated 13F filings for Q3 2013.