Granite Construction
152 hedge funds and large institutions have $1.14B invested in Granite Construction in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 63 increasing their positions, 53 reducing their positions, and 13 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 53
0.4% more ownership
Funds ownership: 90.93% → 91.33% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 158 → 152 (-6)
11% less capital invested
Capital invested by funds: $1.28B → $1.14B (-$142M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $25K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$9.75M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.51M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$7.11M |
| 4 |
NCM
Newland Capital Management
New York
|
+$4.44M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$3.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$12.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.48M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$8.1M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$5.41M |
| 5 |
BCM
BBT Capital Management
Fort Worth,
Texas
|
-$3.45M |
GVA Hedge Fund Activity: Q3 2014 in Review
152 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q3 2014, worth a combined $1.14B — down 11% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GVA and 9 opened new positions — a net loss of 4 holders — while 53 trimmed existing stakes and 63 added.
The largest buyer was Rutabaga Capital Management, opening a new position worth an estimated $9.75M. The largest seller was Artisan Partners, cutting an estimated $12.8M.
- 152 institutional investors held Granite Construction (GVA) as of Q3 2014, down from 158 in Q2 2014.
- Funds reported $1.14B of Granite Construction stock for Q3 2014, down 11% quarter-over-quarter.
- 9 funds opened new Granite Construction positions in Q3 2014 and 13 closed out, a net change of -4 holders.
- The largest Granite Construction buyer in Q3 2014 was Rutabaga Capital Management, an estimated $9.75M added.
- The largest Granite Construction seller in Q3 2014 was Artisan Partners, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2014.