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Granite Construction

237 hedge funds and large institutions have $2.42B invested in Granite Construction in 2023 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 66 increasing their positions, 81 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 17

103% more call options, than puts

Call options by funds: $6.34M | Put options by funds: $3.13M

40% more capital invested

Capital invested by funds: $1.73B → $2.42B (+$691M)

16% more funds holding

Funds holding: 204237 (+33)

4.86% more ownership

Funds ownership: 103.41%108.27% (+4.9%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

19% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 81

Holders
237
Holders Change
+33
Holders Change %
+16.18%
% of All Funds
3.46%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
51
Increased
66
Reduced
81
Closed
17
Calls
$6.34M
Puts
$3.13M
Net Calls
+$3.21M
Net Calls Change
+$2.28M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$368M +$5.74M +131,533 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$251M -$860K -19,732 -0.4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$209M +$23.2M +531,957 +15%
Fuller & Thaler Asset Management
4
Fuller & Thaler Asset Management
California
$140M -$5.2M -119,258 -4%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$137M +$150K +3,439 +0.1%
State Street
6
State Street
Massachusetts
$135M -$379K -8,701 -0.3%
Morgan Stanley
7
Morgan Stanley
New York
$115M +$62.2M +1,426,102 +169%
FCM
8
Frontier Capital Management
Massachusetts
$70.6M +$10.7M +246,154 +22%
Bank of America
9
Bank of America
North Carolina
$58.1M -$41.8K -958 -0.1%
William Blair Investment Management
10
William Blair Investment Management
Illinois
$53M -$874K -20,031 -2%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$47.7M +$1.86M +42,544 +5%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$45.4M -$2.8M -64,212 -7%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$43.6M -$5.74M -131,600 -13%
Franklin Resources
14
Franklin Resources
California
$43M -$1.81M -41,530 -5%
Boston Partners
15
Boston Partners
Massachusetts
$35M -$903K -20,696 -3%
Charles Schwab
16
Charles Schwab
California
$34.3M -$329K -7,540 -1%
DRZID
17
DePrince Race & Zollo Inc (DRZ)
Florida
$34M -$1.28M -29,249 -4%
MMA
18
Mizuho Markets Americas
New York
$33.3M -$5.09M -116,650 -15%
Goldman Sachs
19
Goldman Sachs
New York
$32.5M +$2.16M +49,610 +8%
SFM
20
Systematic Financial Management
New Jersey
$30.1M +$1.57M +35,976 +6%
First Trust Advisors
21
First Trust Advisors
Illinois
$27.1M +$3.1M +71,099 +15%
Northern Trust
22
Northern Trust
Illinois
$26.5M +$170K +3,907 +0.8%
Mirae Asset Global Investments
23
Mirae Asset Global Investments
South Korea
$19.8M -$107K -2,447 -0.6%
Empower Advisory Group
24
Empower Advisory Group
Colorado
$19.6M +$236K +5,413 +1%
Victory Capital Management
25
Victory Capital Management
Texas
$19.5M -$586K -13,442 -3%

GVA Hedge Fund Activity: Q4 2023 in Review

237 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Granite Construction (GVA) for Q4 2023, worth a combined $2.42B — up 40% from $1.73B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new GVA positions and 17 closed out — a net gain of 34 holders — while 66 added to existing stakes and 81 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $62.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $8.55M sold.

  • 237 institutional investors held Granite Construction (GVA) as of Q4 2023, up from 204 in Q3 2023.
  • Funds reported $2.42B of Granite Construction stock for Q4 2023, up 40% quarter-over-quarter.
  • 51 funds opened new Granite Construction positions in Q4 2023 and 17 closed out, a net change of +34 holders.
  • The largest Granite Construction buyer in Q4 2023 was Morgan Stanley, an estimated $62.2M added.
  • The largest Granite Construction seller in Q4 2023 was Adage Capital Partners, an estimated $8.55M sold.

Based on aggregated 13F filings for Q4 2023.