Granite Construction

GVA

Market cap $5.44B

GVA Hedge Fund Activity: Q3 2015 in Review

167 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q3 2015, worth a combined $1.06B — down 16% from $1.26B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new GVA positions and 11 closed out — a net gain of 14 holders — while 74 added to existing stakes and 49 trimmed.

The largest buyer was Point72 Asset Management, opening a new position worth an estimated $27.6M. The largest seller was Next Century Growth Investors, exiting entirely with an estimated $40.2M sold.

• 167 institutional investors held Granite Construction (GVA) as of Q3 2015, up from 155 in Q2 2015.
• Funds reported $1.06B of Granite Construction stock for Q3 2015, down 16% quarter-over-quarter.
• 25 funds opened new Granite Construction positions in Q3 2015 and 11 closed out, a net change of +14 holders.
• The largest Granite Construction buyer in Q3 2015 was Point72 Asset Management, an estimated $27.6M added.
• The largest Granite Construction seller in Q3 2015 was Next Century Growth Investors, an estimated $40.2M sold.

Based on aggregated 13F filings for Q3 2015.