Construction Partners
ROAD
152 hedge funds and large institutions have $1.06B invested in Construction Partners in 2021 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 54 increasing their positions, 51 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
3% more funds holding
Funds holding: 147 → 152 (+5)
6% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 51
8.18% less ownership
Funds ownership: 97.13% → 88.95% (-8.2%)
10% less capital invested
Capital invested by funds: $1.18B → $1.06B (-$119M)
40% less call options, than puts
Call options by funds: $240K | Put options by funds: $402K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$37.6M |
| 2 |
JP Morgan Chase
New York
|
+$11.2M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$4.45M |
| 4 |
Renaissance Technologies
New York
|
+$4.28M |
| 5 |
SCM
SunTx Capital Management
Dallas,
Texas
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$17.5M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$10.9M |
| 3 |
Bank of New York Mellon
New York
|
-$7.62M |
| 4 |
Morgan Stanley
New York
|
-$6.04M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.52M |
ROAD Hedge Fund Activity: Q4 2021 in Review
152 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q4 2021, worth a combined $1.06B — down 10% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ROAD positions and 16 closed out — a net gain of 7 holders — while 54 added to existing stakes and 51 trimmed.
The largest buyer was Geneva Capital Management, adding an estimated $37.6M. The largest seller was Wells Fargo, cutting an estimated $17.5M.
- 152 institutional investors held Construction Partners (ROAD) as of Q4 2021, up from 147 in Q3 2021.
- Funds reported $1.06B of Construction Partners stock for Q4 2021, down 10% quarter-over-quarter.
- 23 funds opened new Construction Partners positions in Q4 2021 and 16 closed out, a net change of +7 holders.
- The largest Construction Partners buyer in Q4 2021 was Geneva Capital Management, an estimated $37.6M added.
- The largest Construction Partners seller in Q4 2021 was Wells Fargo, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2021.