Granite Construction
214 hedge funds and large institutions have $1.89B invested in Granite Construction in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 102 increasing their positions, 66 reducing their positions, and 30 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 66
5.71% more ownership
Funds ownership: 92.69% → 98.39% (+5.7%)
3% more capital invested
Capital invested by funds: $1.84B → $1.89B (+$49.5M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 227 → 214 (-13)
25% less call options, than puts
Call options by funds: $1.41M | Put options by funds: $1.86M
40% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$32.3M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$29.8M |
| 3 |
Goldman Sachs
New York
|
+$16.1M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$14.8M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$15.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$10M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.25M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$6.96M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$6.39M |
GVA Hedge Fund Activity: Q2 2017 in Review
214 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q2 2017, worth a combined $1.89B — up 2.7% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of GVA and 18 opened new positions — a net loss of 12 holders — while 66 trimmed existing stakes and 102 added.
The largest buyer was Franklin Resources, adding an estimated $32.3M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $15.4M sold.
- 214 institutional investors held Granite Construction (GVA) as of Q2 2017, down from 227 in Q1 2017.
- Funds reported $1.89B of Granite Construction stock for Q2 2017, up 2.7% quarter-over-quarter.
- 18 funds opened new Granite Construction positions in Q2 2017 and 30 closed out, a net change of -12 holders.
- The largest Granite Construction buyer in Q2 2017 was Franklin Resources, an estimated $32.3M added.
- The largest Granite Construction seller in Q2 2017 was Balyasny Asset Management, an estimated $15.4M sold.
Based on aggregated 13F filings for Q2 2017.