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Construction Partners

225 hedge funds and large institutions have $1.91B invested in Construction Partners in 2023 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 65 increasing their positions, 74 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

369% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 13

199% more call options, than puts

Call options by funds: $613K | Put options by funds: $205K

26% more funds holding

Funds holding: 179225 (+46)

24% more capital invested

Capital invested by funds: $1.54B → $1.91B (+$368M)

3.96% more ownership

Funds ownership: 96.37%100.33% (+4%)

12% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 74

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
225
Holders Change
+46
Holders Change %
+25.7%
% of All Funds
3.28%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.04%
New
61
Increased
65
Reduced
74
Closed
13
Calls
$613K
Puts
$205K
Net Calls
+$408K
Net Calls Change
-$7.71M
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
101
LPL Financial
California
$1.22M +$470K +11,457 +69%
AI
102
Atria Investments
North Carolina
$1.21M +$1.14M +27,721 New
AWM
103
Avior Wealth Management
Nebraska
$1.18M
SCM
104
Semanteon Capital Management
Massachusetts
$1.15M +$1.08M +26,361 New
T. Rowe Price Associates
105
T. Rowe Price Associates
Maryland
$1.11M +$41.4K +1,011 +4%
Osaic Holdings
106
Osaic Holdings
Arizona
$1.11M -$163K -3,968 -13%
JF
107
Jump Financial
Illinois
$1.05M +$987K +24,078 New
Principal Financial Group
108
Principal Financial Group
Iowa
$939K +$884K +21,565 New
MIM
109
MetLife Investment Management
New Jersey
$928K
GCP
110
GSA Capital Partners
United Kingdom
$904K -$861K -21,006 -50%
Janus Henderson Group
111
Janus Henderson Group
United Kingdom
$883K -$1.35K -33 -0.2%
Manulife (Manufacturers Life Insurance)
112
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$871K +$4.92K +120 +0.6%
AIG
113
American International Group
New York
$870K -$3.28K -80 -0.4%
Los Angeles Capital Management
114
Los Angeles Capital Management
California
$779K -$520K -12,677 -41%
Assenagon Asset Management
115
Assenagon Asset Management
Luxembourg
$769K +$724K +17,670 New
Mariner
116
Mariner
Kansas
$709K +$39.1K +955 +6%
AR
117
Advisory Research
Illinois
$691K +$651K +15,883 New
SS
118
Simplicity Solutions
Minnesota
$677K -$18.9K -460 -3%
Citigroup
119
Citigroup
New York
$677K +$43.6K +1,063 +7%
DFCM
120
Dark Forest Capital Management
Puerto Rico
$642K -$122K -2,980 -17%
NL
121
NKCFO LLC
Illinois
$631K +$594K +14,500 New
Mercer Global Advisors
122
Mercer Global Advisors
Colorado
$627K -$3.81K -93 -0.6%
Squarepoint
123
Squarepoint
New York
$627K -$141K -3,443 -19%
ECM
124
ExodusPoint Capital Management
New York
$609K +$229K +5,591 +67%
QT
125
Quantbot Technologies
New York
$605K +$570K +13,912 New

ROAD Hedge Fund Activity: Q4 2023 in Review

225 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q4 2023, worth a combined $1.91B — up 24% from $1.54B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new ROAD positions and 13 closed out — a net gain of 48 holders — while 65 added to existing stakes and 74 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $43.6M. The largest seller was Wasatch Advisors, cutting an estimated $51.4M.

  • 225 institutional investors held Construction Partners (ROAD) as of Q4 2023, up from 179 in Q3 2023.
  • Funds reported $1.91B of Construction Partners stock for Q4 2023, up 24% quarter-over-quarter.
  • 61 funds opened new Construction Partners positions in Q4 2023 and 13 closed out, a net change of +48 holders.
  • The largest Construction Partners buyer in Q4 2023 was Morgan Stanley, an estimated $43.6M added.
  • The largest Construction Partners seller in Q4 2023 was Wasatch Advisors, an estimated $51.4M sold.

Based on aggregated 13F filings for Q4 2023.