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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.

New
Increased
Maintained
Reduced
Closed

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: 144151 (+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: 22 (0)

14% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 59

Holders
151
Holders Change
+7
Holders Change %
+4.86%
% of All Funds
4.36%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
18
Increased
51
Reduced
59
Closed
10
Calls
$675K
Puts
$172K
Net Calls
+$503K
Net Calls Change
-$518K
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$122M +$14.2M +396,485 +15%
HA
2
Heartland Advisors
Wisconsin
$105M -$1.98M -55,092 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$80.6M +$2.19M +61,084 +3%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$75.1M +$2.98M +83,010 +5%
BFA
5
BlackRock Fund Advisors
California
$65.3M -$2.46M -68,550 -4%
DRZID
6
DePrince Race & Zollo Inc (DRZ)
Florida
$58.4M -$8.37M -233,264 -14%
AllianceBernstein
7
AllianceBernstein
Tennessee
$53.4M -$9.73M -271,311 -17%
SIM
8
Sprucegrove Investment Management
Ontario, Canada
$52.8M -$1.28M -35,600 -3%
State Street
9
State Street
Massachusetts
$46.2M -$9.58K -267 -0%
Artisan Partners
10
Artisan Partners
Wisconsin
$43.4M -$3.5M -97,476 -8%
BIT
11
BlackRock Institutional Trust
California
$43.3M +$179K +4,994 +0.5%
NCGI
12
Next Century Growth Investors
Minnesota
$43.3M +$38.9M +1,083,483 New
Northern Trust
13
Northern Trust
Illinois
$43.2M -$945K -26,333 -2%
RFC
14
Russell Frank Company
Washington
$34.3M +$1.17M +32,565 +4%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$32.6M +$2.94M +81,889 +11%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$31M +$27.8M +775,768 New
ICOM
17
Investment Counselors of Maryland
Maryland
$24.8M -$818K -22,800 -4%
Victory Capital Management
18
Victory Capital Management
Texas
$23.8M -$8.06M -224,545 -27%
KG
19
Killen Group
Pennsylvania
$21.8M -$2.23M -62,050 -10%
MDCM
20
Morgan Dempsey Capital Management
Wisconsin
$21.4M +$4.66M +129,755 +32%
Boston Partners
21
Boston Partners
Massachusetts
$21.2M +$129K +3,607 +0.7%
VDBMI
22
Van Den Berg Management I
Texas
$20.6M -$3.11M -86,765 -14%
SB
23
Suntrust Banks
Georgia
$20.6M +$289K +8,065 +2%
PIM
24
Perkins Investment Management
Illinois
$19.3M -$11.7M -327,044 -40%
FCAM
25
F&C Asset Management
United Kingdom
$16.6M -$5.77M -160,741 -28%

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.