Granite Construction
151 hedge funds and large institutions have $1.41B invested in Granite Construction in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 51 increasing their positions, 59 reducing their positions, and 10 closing their positions.
292% more call options, than puts
Call options by funds: $675K | Put options by funds: $172K
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
18% more capital invested
Capital invested by funds: $1.2B → $1.41B (+$218M)
5% more funds holding
Funds holding: 144 → 151 (+7)
3.05% more ownership
Funds ownership: 88.11% → 91.16% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$38.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$14.2M |
| 4 |
BCM
BBT Capital Management
Fort Worth,
Texas
|
+$8.07M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$7.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$17.6M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$11.7M |
| 3 |
Primecap Management
Pasadena,
California
|
-$10.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.73M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$8.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3.26K | -$1.85M | -51,626 | -63% |
|
|
CC
152
Carlson Capital
Dallas,
Texas
| – | -$17.6M | -504,516 | Closed |
|
|
153
Primecap Management
Pasadena,
California
| – | -$10.1M | -290,000 | Closed |
|
|
WMSA
154
Weiss Multi-Strategy Advisers
New York
| – | -$5.58M | -159,615 | Closed |
|
|
ARTA
155
A.R.T. Advisors
New York
| – | -$428K | -12,254 | Closed |
|
156
Tudor Investment Corp
Stamford,
Connecticut
| – | -$381K | -10,900 | Closed |
|
157
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$359K | -10,260 | Closed |
|
158
Jane Street
New York
| – | -$207K | -5,916 | Closed |
|
159
KBC Group
Brussels,
Belgium
| – | -$116K | -3,313 | Closed |
|
|
WA
160
Waverly Advisors
Birmingham,
Alabama
| – | -$10K | -300 | Closed |
|
|
PCM
161
Prelude Capital Management
New York
| – | -$3K | -100 | Closed |
|
GVA Hedge Fund Activity: Q1 2014 in Review
151 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q1 2014, worth a combined $1.41B — up 18% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GVA positions and 10 closed out — a net gain of 8 holders — while 51 added to existing stakes and 59 trimmed.
The largest buyer was Next Century Growth Investors, opening a new position worth an estimated $38.9M. The largest seller was Carlson Capital, exiting entirely with an estimated $17.6M sold.
- 151 institutional investors held Granite Construction (GVA) as of Q1 2014, up from 144 in Q4 2013.
- Funds reported $1.41B of Granite Construction stock for Q1 2014, up 18% quarter-over-quarter.
- 18 funds opened new Granite Construction positions in Q1 2014 and 10 closed out, a net change of +8 holders.
- The largest Granite Construction buyer in Q1 2014 was Next Century Growth Investors, an estimated $38.9M added.
- The largest Granite Construction seller in Q1 2014 was Carlson Capital, an estimated $17.6M sold.
Based on aggregated 13F filings for Q1 2014.