Granite Construction
190 hedge funds and large institutions have $1.71B invested in Granite Construction in 2016 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 75 increasing their positions, 58 reducing their positions, and 16 closing their positions.
131% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 16
94% more call options, than puts
Call options by funds: $2.52M | Put options by funds: $1.3M
29% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 58
12% more funds holding
Funds holding: 170 → 190 (+20)
12% more capital invested
Capital invested by funds: $1.53B → $1.71B (+$178M)
0.73% more ownership
Funds ownership: 90.91% → 91.65% (+0.73%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.8M |
| 2 |
Bank of New York Mellon
New York
|
+$9.42M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$8.98M |
| 4 |
CCI
Columbus Circle Investors
|
+$8.46M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$29.9M |
| 2 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$18.6M |
| 3 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$16.3M |
| 4 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$15.5M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ST
201
Spot Trading
Chicago,
Illinois
| – | -$53.7K | -1,319 | Closed |
|
202
Walleye Trading
New York
| – | -$36.6K | -900 | Closed |
|
203
Simplex Trading
Chicago,
Illinois
| – | -$34K | -836 | Closed |
|
|
PCM
204
Prelude Capital Management
New York
| – | -$29K | -680 | Closed |
|
|
TRCT
205
Tower Research Capital (TRC)
New York
| – | -$13.1K | -321 | -97% |
|
|
QCG
206
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$6K | -143 | Closed |
|
GVA Hedge Fund Activity: Q1 2016 in Review
190 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q1 2016, worth a combined $1.71B — up 12% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new GVA positions and 16 closed out — a net gain of 21 holders — while 75 added to existing stakes and 58 trimmed.
The largest buyer was Ameriprise, adding an estimated $20.8M. The largest seller was Heartland Advisors, cutting an estimated $29.9M.
- 190 institutional investors held Granite Construction (GVA) as of Q1 2016, up from 170 in Q4 2015.
- Funds reported $1.71B of Granite Construction stock for Q1 2016, up 12% quarter-over-quarter.
- 37 funds opened new Granite Construction positions in Q1 2016 and 16 closed out, a net change of +21 holders.
- The largest Granite Construction buyer in Q1 2016 was Ameriprise, an estimated $20.8M added.
- The largest Granite Construction seller in Q1 2016 was Heartland Advisors, an estimated $29.9M sold.
Based on aggregated 13F filings for Q1 2016.