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Construction Partners

260 hedge funds and large institutions have $3.11B invested in Construction Partners in 2024 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 77 increasing their positions, 94 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

466% more call options, than puts

Call options by funds: $1.26M | Put options by funds: $223K

122% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 23

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

25% more capital invested

Capital invested by funds: $2.49B → $3.11B (+$616M)

11% more funds holding

Funds holding: 235260 (+25)

1.26% less ownership

Funds ownership: 102.89%101.63% (-1.3%)

18% less repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 94

Holders
260
Holders Change
+25
Holders Change %
+10.64%
% of All Funds
3.73%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.1%
New
51
Increased
77
Reduced
94
Closed
23
Calls
$1.26M
Puts
$223K
Net Calls
+$1.04M
Net Calls Change
+$399K
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
76
RhumbLine Advisers
Massachusetts
$4.13M -$143K -2,317 -4%
Squarepoint
77
Squarepoint
New York
$3.96M +$829K +13,459 +31%
Deutsche Bank
78
Deutsche Bank
Germany
$3.96M -$1.68M -27,339 -33%
RJFSA
79
Raymond James Financial Services Advisors
Florida
$3.92M +$789K +12,808 +30%
AIMCA
80
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$3.35M +$394K +6,396 +15%
Citigroup
81
Citigroup
New York
$3.34M +$1.72M +27,891 +140%
EAM
82
EFG Asset Management
Oregon
$3.21M -$97.7K -1,586 -3%
Legal & General Group
83
Legal & General Group
United Kingdom
$3.11M +$101K +1,632 +4%
DC
84
Davenport & Co
Virginia
$2.92M +$163K +2,649 +7%
UBS Group
85
UBS Group
Switzerland
$2.91M +$547K +8,875 +27%
California State Teachers Retirement System (CalSTRS)
86
California State Teachers Retirement System (CalSTRS)
California
$2.89M -$81.2K -1,317 -3%
EI
87
EAM Investors
California
$2.87M -$1.47M -23,912 -37%
Principal Financial Group
88
Principal Financial Group
Iowa
$2.81M +$98.3K +1,596 +4%
Polen Capital Management
89
Polen Capital Management
Florida
$2.45M +$587K +9,520 +37%
AAS
90
Avantax Advisory Services
Texas
$2.36M -$68.8K -1,116 -3%
Two Sigma Investments
91
Two Sigma Investments
New York
$2.35M -$1.26M -20,515 -38%
TC
92
TwinBeech Capital
New York
$2.35M +$2.07M +33,615 New
MML Investors Services
93
MML Investors Services
Massachusetts
$2.27M +$69.6K +1,130 +4%
DFCM
94
Dark Forest Capital Management
Puerto Rico
$2.27M +$945K +15,330 +89%
Calamos Advisors
95
Calamos Advisors
Illinois
$2.2M +$387K +6,282 +25%
State of New Jersey Common Pension Fund D
96
State of New Jersey Common Pension Fund D
New Jersey
$2.12M -$54.7K -887 -3%
RFC
97
Regions Financial Corp
Alabama
$2.12M
T. Rowe Price Associates
98
T. Rowe Price Associates
Maryland
$2.1M +$58K +942 +3%
BNP Paribas Financial Markets
99
BNP Paribas Financial Markets
France
$2.09M -$2.85M -46,307 -61%
JCIA
100
Jackson Creek Investment Advisors
Colorado
$2.03M +$404K +6,558 +29%

ROAD Hedge Fund Activity: Q3 2024 in Review

260 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q3 2024, worth a combined $3.11B — up 25% from $2.49B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new ROAD positions and 23 closed out — a net gain of 28 holders — while 77 added to existing stakes and 94 trimmed.

The largest buyer was Ameriprise, adding an estimated $23.1M. The largest seller was Conestoga Capital Advisors, cutting an estimated $37.4M.

  • 260 institutional investors held Construction Partners (ROAD) as of Q3 2024, up from 235 in Q2 2024.
  • Funds reported $3.11B of Construction Partners stock for Q3 2024, up 25% quarter-over-quarter.
  • 51 funds opened new Construction Partners positions in Q3 2024 and 23 closed out, a net change of +28 holders.
  • The largest Construction Partners buyer in Q3 2024 was Ameriprise, an estimated $23.1M added.
  • The largest Construction Partners seller in Q3 2024 was Conestoga Capital Advisors, an estimated $37.4M sold.

Based on aggregated 13F filings for Q3 2024.