Granite Construction
204 hedge funds and large institutions have $1.73B invested in Granite Construction in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 60 increasing their positions, 84 reducing their positions, and 15 closing their positions.
1,062% more call options, than puts
Call options by funds: $1.01M | Put options by funds: $87K
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
3% more funds holding
Funds holding: 199 → 204 (+5)
0.79% more ownership
Funds ownership: 102.62% → 103.41% (+0.79%)
3% less capital invested
Capital invested by funds: $1.78B → $1.73B (-$52.2M)
29% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 84
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$16.8M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$10.9M |
| 3 |
Millennium Management
New York
|
+$9.53M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$9.14M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
-$8.93M |
| 2 |
BlackRock
New York
|
-$7.2M |
| 3 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$6.38M |
| 4 |
Goldman Sachs
New York
|
-$6.17M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$3.33M |
GVA Hedge Fund Activity: Q3 2023 in Review
204 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q3 2023, worth a combined $1.73B — down 2.9% from $1.78B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new GVA positions and 15 closed out — a net gain of 7 holders — while 60 added to existing stakes and 84 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $16.8M. The largest seller was Comerica Bank, cutting an estimated $8.93M.
- 204 institutional investors held Granite Construction (GVA) as of Q3 2023, up from 199 in Q2 2023.
- Funds reported $1.73B of Granite Construction stock for Q3 2023, down 2.9% quarter-over-quarter.
- 22 funds opened new Granite Construction positions in Q3 2023 and 15 closed out, a net change of +7 holders.
- The largest Granite Construction buyer in Q3 2023 was First Trust Advisors, an estimated $16.8M added.
- The largest Granite Construction seller in Q3 2023 was Comerica Bank, an estimated $8.93M sold.
Based on aggregated 13F filings for Q3 2023.