Construction Partners
ROAD
137 hedge funds and large institutions have $839M invested in Construction Partners in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 61 increasing their positions, 48 reducing their positions, and 19 closing their positions.
54% more call options, than puts
Call options by funds: $394K | Put options by funds: $256K
27% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 48
2.38% more ownership
Funds ownership: 94.86% → 97.24% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 148 → 137 (-11)
18% less capital invested
Capital invested by funds: $1.02B → $839M (-$184M)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$6.41M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$4.14M |
| 3 |
CRC
Catawba River Capital
Lake Wylie,
South Carolina
|
-$4.13M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$3.09M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$3.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAG
151
Fortitude Advisory Group
Gig Harbor,
Washington
| – | -$14K | -542 | Closed |
|
|
ACM
152
Aquatic Capital Management
Chicago,
Illinois
| – | -$10K | -400 | Closed |
|
153
Group One Trading
Chicago,
Illinois
| – | -$7.2K | -305 | Closed |
|
|
CG
154
Cutler Group
San Francisco,
California
| – | -$5K | -200 | Closed |
|
|
C
155
Covestor
London,
United Kingdom
| – | -$24 | -1 | -13% |
|
|
LC
156
Lindbrook Capital
Calabasas,
California
| – | +$331 | +14 | New |
|
ROAD Hedge Fund Activity: Q2 2022 in Review
137 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q2 2022, worth a combined $839M — down 18% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ROAD and 11 opened new positions — a net loss of 8 holders — while 48 trimmed existing stakes and 61 added.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $18.6M. The largest seller was JP Morgan Chase, cutting an estimated $6.41M.
- 137 institutional investors held Construction Partners (ROAD) as of Q2 2022, down from 148 in Q1 2022.
- Funds reported $839M of Construction Partners stock for Q2 2022, down 18% quarter-over-quarter.
- 11 funds opened new Construction Partners positions in Q2 2022 and 19 closed out, a net change of -8 holders.
- The largest Construction Partners buyer in Q2 2022 was Kayne Anderson Rudnick Investment Management, an estimated $18.6M added.
- The largest Construction Partners seller in Q2 2022 was JP Morgan Chase, an estimated $6.41M sold.
Based on aggregated 13F filings for Q2 2022.