Granite Construction
253 hedge funds and large institutions have $2.08B invested in Granite Construction in 2018 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 106 increasing their positions, 74 reducing their positions, and 46 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 74
3.17% more ownership
Funds ownership: 96.3% → 99.46% (+3.2%)
5% less funds holding
Funds holding: 266 → 253 (-13)
15% less capital invested
Capital invested by funds: $2.44B → $2.08B (-$360M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
22% less call options, than puts
Call options by funds: $4.02M | Put options by funds: $5.14M
24% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$68.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$18.1M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$12.8M |
| 4 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$11.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$25.6M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$23M |
| 3 |
STMM
South Texas Money Management
San Antonio,
Texas
|
-$16.6M |
| 4 |
SM
Saya Management
New York
|
-$15.4M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$14.8M |
GVA Hedge Fund Activity: Q3 2018 in Review
253 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q3 2018, worth a combined $2.08B — down 15% from $2.44B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of GVA and 35 opened new positions — a net loss of 11 holders — while 74 trimmed existing stakes and 106 added.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $68.9M. The largest seller was OppenheimerFunds, cutting an estimated $25.6M.
- 253 institutional investors held Granite Construction (GVA) as of Q3 2018, down from 266 in Q2 2018.
- Funds reported $2.08B of Granite Construction stock for Q3 2018, down 15% quarter-over-quarter.
- 35 funds opened new Granite Construction positions in Q3 2018 and 46 closed out, a net change of -11 holders.
- The largest Granite Construction buyer in Q3 2018 was Fuller & Thaler Asset Management, an estimated $68.9M added.
- The largest Granite Construction seller in Q3 2018 was OppenheimerFunds, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2018.