Construction Partners
ROAD
52 hedge funds and large institutions have $91.6M invested in Construction Partners in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 12 reducing their positions, and 7 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
8% more funds holding
Funds holding: 48 → 52 (+4)
1.07% less ownership
Funds ownership: 87.9% → 86.82% (-1.1%)
28% less capital invested
Capital invested by funds: $127M → $91.6M (-$35.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.82M |
| 2 |
Bank of New York Mellon
New York
|
+$2.63M |
| 3 |
RA
Royce & Associates
New York
|
+$2.43M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$2.14M |
| 5 |
Morgan Stanley
New York
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$7.17M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$4.62M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
-$3.76M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.58M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | +$2.6K | +268 | New |
|
|
AG
52
Advisor Group
Phoenix,
Arizona
| $2K | +$2.61K | +269 | New |
|
|
53
Neuberger Berman Group
New York
| – | -$7.17M | -592,633 | Closed |
|
|
54
Alyeska Investment Group
Chicago,
Illinois
| – | -$2.58M | -213,039 | Closed |
|
|
BCM
55
BlueMar Capital Management
Miami,
Florida
| – | -$1.19M | -97,993 | Closed |
|
|
CS
56
Credit Suisse
Zurich,
Switzerland
| – | -$185K | -15,255 | Closed |
|
|
ZB
57
Zions Bancorporation
Salt Lake City,
Utah
| – | -$29K | -2,400 | Closed |
|
58
Barclays
London,
United Kingdom
| – | -$9K | -736 | Closed |
|
|
SPIA
59
Steward Partners Investment Advisory
New York
| – | -$6K | -500 | Closed |
|
ROAD Hedge Fund Activity: Q4 2018 in Review
52 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q4 2018, worth a combined $91.6M — down 28% from $127M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ROAD positions and 7 closed out — a net gain of 4 holders — while 27 added to existing stakes and 12 trimmed.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $4.82M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $7.17M sold.
- 52 institutional investors held Construction Partners (ROAD) as of Q4 2018, up from 48 in Q3 2018.
- Funds reported $91.6M of Construction Partners stock for Q4 2018, down 28% quarter-over-quarter.
- 11 funds opened new Construction Partners positions in Q4 2018 and 7 closed out, a net change of +4 holders.
- The largest Construction Partners buyer in Q4 2018 was ArrowMark Colorado Holdings, an estimated $4.82M added.
- The largest Construction Partners seller in Q4 2018 was Neuberger Berman Group, an estimated $7.17M sold.
Based on aggregated 13F filings for Q4 2018.