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Granite Construction

216 hedge funds and large institutions have $2.32B invested in Granite Construction in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 89 increasing their positions, 75 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

310% more call options, than puts

Call options by funds: $2.67M | Put options by funds: $651K

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

32% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 19

22% more capital invested

Capital invested by funds: $1.89B → $2.32B (+$424M)

19% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 75

1.84% more ownership

Funds ownership: 98.39%100.23% (+1.8%)

1% more funds holding

Funds holding: 214216 (+2)

Holders
216
Holders Change
+2
Holders Change %
+0.93%
% of All Funds
5.39%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.17%
New
25
Increased
89
Reduced
75
Closed
19
Calls
$2.67M
Puts
$651K
Net Calls
+$2.02M
Net Calls Change
+$2.72M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$234M +$2.29M +43,498 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$196M +$1.41M +26,750 +0.8%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$136M -$1.45M -27,561 -1%
Ameriprise
4
Ameriprise
Minnesota
$98.3M +$922K +17,486 +1%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$86.4M +$58.4M +1,107,397 +289%
Franklin Resources
6
Franklin Resources
California
$85.3M +$689K +13,072 +0.9%
State Street
7
State Street
Massachusetts
$75.8M +$1.54M +29,181 +2%
Northern Trust
8
Northern Trust
Illinois
$71.3M -$316K -5,997 -0.5%
AllianceBernstein
9
AllianceBernstein
Tennessee
$70.4M +$60.7M +1,151,857 +1,817%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$67M +$1.94M +36,721 +3%
Macquarie Group
11
Macquarie Group
Australia
$60.3M +$3.75M +71,061 +7%
Goldman Sachs
12
Goldman Sachs
New York
$53.5M -$11M -209,338 -18%
VOYA Investment Management
13
VOYA Investment Management
Georgia
$52M +$14.9M +283,289 +46%
Victory Capital Management
14
Victory Capital Management
Texas
$48.7M +$5.11M +96,850 +13%
GT
15
Glenmede Trust
Pennsylvania
$44.3M +$1.11M +20,970 +3%
O
16
OppenheimerFunds
New York
$40.1M -$894K -16,963 -2%
CAM
17
Cortina Asset Management
Wisconsin
$37M +$435K +8,253 +1%
FCM
18
Frontier Capital Management
Massachusetts
$36.8M -$3.89M -73,714 -10%
Thrivent Financial for Lutherans
19
Thrivent Financial for Lutherans
Minnesota
$33.9M +$691K +13,110 +2%
PCM
20
Peregrine Capital Management
Minnesota
$33.8M +$3.8M +72,166 +14%
State of New Jersey Common Pension Fund D
21
State of New Jersey Common Pension Fund D
New Jersey
$27.5M -$1.32M -25,000 -5%
Boston Partners
22
Boston Partners
Massachusetts
$26.9M +$618K +11,732 +3%
VFA
23
Virtus Fund Advisers
Connecticut
$26.4M -$232K -4,400 -1%
Loomis, Sayles & Company
24
Loomis, Sayles & Company
Massachusetts
$24.8M -$681K -12,916 -3%
Bank of America
25
Bank of America
North Carolina
$23.8M +$8.58M +162,737 +66%

GVA Hedge Fund Activity: Q3 2017 in Review

216 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q3 2017, worth a combined $2.32B — up 22% from $1.89B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new GVA positions and 19 closed out — a net gain of 6 holders — while 89 added to existing stakes and 75 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $60.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $36.9M.

  • 216 institutional investors held Granite Construction (GVA) as of Q3 2017, up from 214 in Q2 2017.
  • Funds reported $2.32B of Granite Construction stock for Q3 2017, up 22% quarter-over-quarter.
  • 25 funds opened new Granite Construction positions in Q3 2017 and 19 closed out, a net change of +6 holders.
  • The largest Granite Construction buyer in Q3 2017 was AllianceBernstein, an estimated $60.7M added.
  • The largest Granite Construction seller in Q3 2017 was T. Rowe Price Associates, an estimated $36.9M sold.

Based on aggregated 13F filings for Q3 2017.