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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.

New
Increased
Maintained
Reduced
Closed

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: 266253 (-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: 54 (-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

Holders
253
Holders Change
-13
Holders Change %
-4.89%
% of All Funds
5.78%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.09%
New
35
Increased
106
Reduced
74
Closed
46
Calls
$4.02M
Puts
$5.14M
Net Calls
-$1.13M
Net Calls Change
-$7.82M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$228M +$4.19M +85,692 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$184M +$8.39M +171,712 +4%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$115M -$910K -18,627 -0.7%
AllianceBernstein
4
AllianceBernstein
Tennessee
$76.5M +$2.68M +54,971 +3%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$66.1M +$3.54M +72,484 +5%
State Street
6
State Street
Massachusetts
$66.1M +$1.02M +20,949 +1%
Fuller & Thaler Asset Management
7
Fuller & Thaler Asset Management
California
$64.5M +$68.9M +1,410,920 New
VOYA Investment Management
8
VOYA Investment Management
Georgia
$62.2M +$10.2M +208,309 +18%
Victory Capital Management
9
Victory Capital Management
Texas
$59.1M +$18.1M +369,850 +40%
Northern Trust
10
Northern Trust
Illinois
$57.2M -$1.41M -28,832 -2%
Macquarie Group
11
Macquarie Group
Australia
$47.7M +$9.06M +185,441 +22%
Ameriprise
12
Ameriprise
Minnesota
$47.4M -$13.1M -267,839 -21%
GT
13
Glenmede Trust
Pennsylvania
$44.2M +$1.38M +28,330 +3%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$39.6M -$2.97M -60,788 -7%
Goldman Sachs
15
Goldman Sachs
New York
$37.4M +$1.31M +26,753 +3%
Franklin Resources
16
Franklin Resources
California
$33.5M +$10.6M +216,214 +42%
Boston Partners
17
Boston Partners
Massachusetts
$32.3M +$12.8M +261,611 +59%
RA
18
Royce & Associates
New York
$28.6M +$4.48M +91,795 +17%
PCM
19
Peregrine Capital Management
Minnesota
$26.8M +$757K +15,508 +3%
CVA
20
Ceredex Value Advisors
Florida
$26M +$9.38M +192,073 +51%
VDBMI
21
Van Den Berg Management I
Texas
$23.9M -$381K -7,807 -1%
FCM
22
Frontier Capital Management
Massachusetts
$23.4M +$3.62M +74,046 +17%
Bank of America
23
Bank of America
North Carolina
$22.3M +$6.67M +136,644 +39%
ICOM
24
Investment Counselors of Maryland
Maryland
$22.1M +$11.1M +226,504 +88%
SFM
25
Systematic Financial Management
New Jersey
$21.9M +$690K +14,136 +3%

GVA Hedge Fund Activity: Q3 2018 in Review

253 of the 4,375 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.