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Granite Construction

196 hedge funds and large institutions have $1.41B invested in Granite Construction in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 68 increasing their positions, 71 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

6.84% more ownership

Funds ownership: 102.27%109.11% (+6.8%)

4% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 71

7% less capital invested

Capital invested by funds: $1.52B → $1.41B (-$106M)

9% less funds holding

Funds holding: 216196 (-20)

28% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 46

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

67% less call options, than puts

Call options by funds: $2.96M | Put options by funds: $8.82M

Holders
196
Holders Change
-20
Holders Change %
-9.26%
% of All Funds
3.86%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.06%
New
33
Increased
68
Reduced
71
Closed
46
Calls
$2.96M
Puts
$8.82M
Net Calls
-$5.87M
Net Calls Change
-$7.47M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$199M +$50.8M +1,787,852 +33%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$156M +$160M +5,621,345 +1,886,357%
Vanguard Group
3
Vanguard Group
Pennsylvania
$132M +$11.9M +420,180 +10%
Fuller & Thaler Asset Management
4
Fuller & Thaler Asset Management
California
$88.7M +$6.18M +217,331 +7%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$79.8M -$1.09M -38,213 -1%
Capital Research Global Investors
6
Capital Research Global Investors
California
$62.7M +$27.7M +975,000 +76%
State Street
7
State Street
Massachusetts
$39.5M -$1.08M -37,812 -3%
Macquarie Group
8
Macquarie Group
Australia
$38.9M +$753K +26,467 +2%
Goldman Sachs
9
Goldman Sachs
New York
$33.1M +$5.91M +207,641 +21%
Franklin Resources
10
Franklin Resources
California
$32.6M +$3.87M +135,962 +13%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$29.7M -$972K -34,179 -3%
Morgan Stanley
12
Morgan Stanley
New York
$28.2M +$24.2M +852,408 +510%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$24.4M -$44.8M -1,576,408 -64%
Bank of America
14
Bank of America
North Carolina
$23.9M +$7.53M +264,661 +44%
AAMU
15
Amundi Asset Management US
Massachusetts
$21.7M -$3.62M -127,303 -14%
VDBMI
16
Van Den Berg Management I
Texas
$21.5M -$1.08M -38,109 -5%
ICOM
17
Investment Counselors of Maryland
Maryland
$19.2M +$338K +11,872 +2%
Northern Trust
18
Northern Trust
Illinois
$17.5M -$3.54M -124,559 -16%
DRZID
19
DePrince Race & Zollo Inc (DRZ)
Florida
$17.4M -$2.11M -74,343 -11%
Ameriprise
20
Ameriprise
Minnesota
$17.3M -$14.1M -495,547 -44%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$16.9M +$308K +10,838 +2%
GT
22
Glenmede Trust
Pennsylvania
$16.8M -$2.32M -81,735 -12%
Charles Schwab
23
Charles Schwab
California
$14.9M +$1.3M +45,753 +9%
TCM
24
Tributary Capital Management
Nebraska
$12.8M -$1.15M -40,434 -8%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$12M +$12.1M +425,876 +5,109%

GVA Hedge Fund Activity: Q4 2019 in Review

196 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q4 2019, worth a combined $1.41B — down 7% from $1.52B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of GVA and 33 opened new positions — a net loss of 13 holders — while 71 trimmed existing stakes and 68 added.

The largest buyer was Fidelity Investments, adding an estimated $160M. The largest seller was Wellington Management Group, cutting an estimated $44.8M.

  • 196 institutional investors held Granite Construction (GVA) as of Q4 2019, down from 216 in Q3 2019.
  • Funds reported $1.41B of Granite Construction stock for Q4 2019, down 7% quarter-over-quarter.
  • 33 funds opened new Granite Construction positions in Q4 2019 and 46 closed out, a net change of -13 holders.
  • The largest Granite Construction buyer in Q4 2019 was Fidelity Investments, an estimated $160M added.
  • The largest Granite Construction seller in Q4 2019 was Wellington Management Group, an estimated $44.8M sold.

Based on aggregated 13F filings for Q4 2019.