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Granite Construction

154 hedge funds and large institutions have $1.25B invested in Granite Construction in 2015 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 65 increasing their positions, 48 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 48

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

2% more funds holding

Funds holding: 151154 (+3)

2.29% less ownership

Funds ownership: 93.62%91.33% (-2.3%)

10% less capital invested

Capital invested by funds: $1.39B → $1.25B (-$136M)

25% less call options, than puts

Call options by funds: $520K | Put options by funds: $694K

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
154
Holders Change
+3
Holders Change %
+1.99%
% of All Funds
4.1%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
19
Increased
65
Reduced
48
Closed
15
Calls
$520K
Puts
$694K
Net Calls
-$174K
Net Calls Change
-$448K
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$110M -$9.32M -268,300 -8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$78.7M +$3.95M +113,739 +5%
AllianceBernstein
3
AllianceBernstein
Tennessee
$70.2M +$2.74M +78,897 +4%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$67.1M +$2.78M +80,109 +4%
HA
5
Heartland Advisors
Wisconsin
$63M -$18.8M -540,033 -23%
BFA
6
BlackRock Fund Advisors
California
$62.1M +$1.28M +36,899 +2%
DRZID
7
DePrince Race & Zollo Inc (DRZ)
Florida
$61.6M +$2.3M +66,208 +4%
Victory Capital Management
8
Victory Capital Management
Texas
$43.2M +$7.13M +205,325 +20%
NCGI
9
Next Century Growth Investors
Minnesota
$40.9M -$9.79M -281,653 -19%
SIM
10
Sprucegrove Investment Management
Ontario, Canada
$40.7M -$3.61M -103,800 -8%
Northern Trust
11
Northern Trust
Illinois
$40.6M +$988K +28,422 +3%
BIT
12
BlackRock Institutional Trust
California
$40M +$2.78M +80,053 +8%
State Street
13
State Street
Massachusetts
$39.8M +$768K +22,098 +2%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$36M +$65.9K +1,897 +0.2%
RFC
15
Russell Frank Company
Washington
$32.3M -$9M -259,086 -22%
RCM
16
Rutabaga Capital Management
Massachusetts
$26.1M -$67.8K -1,950 -0.3%
ICOM
17
Investment Counselors of Maryland
Maryland
$21M
Thrivent Financial for Lutherans
18
Thrivent Financial for Lutherans
Minnesota
$17.9M -$27.5K -790 -0.2%
VFA
19
Virtus Fund Advisers
Connecticut
$17.6M -$1.44M -41,524 -8%
Boston Partners
20
Boston Partners
Massachusetts
$17.6M -$651K -18,739 -4%
KG
21
Killen Group
Pennsylvania
$16.7M -$2.22M -63,868 -12%
SAM
22
Skyline Asset Management
Illinois
$16.7M +$16.5M +474,500 New
MDCM
23
Morgan Dempsey Capital Management
Wisconsin
$16.1M -$1.02M -29,492 -6%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$14.1M -$874K -25,151 -6%
Macquarie Group
25
Macquarie Group
Australia
$13.7M +$2.05M +59,005 +18%

GVA Hedge Fund Activity: Q1 2015 in Review

154 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q1 2015, worth a combined $1.25B — down 9.8% from $1.39B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new GVA positions and 15 closed out — a net gain of 4 holders — while 65 added to existing stakes and 48 trimmed.

The largest buyer was Skyline Asset Management, opening a new position worth an estimated $16.5M. The largest seller was Heartland Advisors, cutting an estimated $18.8M.

  • 154 institutional investors held Granite Construction (GVA) as of Q1 2015, up from 151 in Q4 2014.
  • Funds reported $1.25B of Granite Construction stock for Q1 2015, down 9.8% quarter-over-quarter.
  • 19 funds opened new Granite Construction positions in Q1 2015 and 15 closed out, a net change of +4 holders.
  • The largest Granite Construction buyer in Q1 2015 was Skyline Asset Management, an estimated $16.5M added.
  • The largest Granite Construction seller in Q1 2015 was Heartland Advisors, an estimated $18.8M sold.

Based on aggregated 13F filings for Q1 2015.