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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
AQR Capital Management
151
AQR Capital Management
Connecticut
$324K +$3.89K +95 +1%
HC
152
Henshaw Capital
Massachusetts
$323K +$304K +7,429 New
Creative Planning
153
Creative Planning
Kansas
$304K +$9.14K +223 +3%
Envestnet Portfolio Solutions
154
Envestnet Portfolio Solutions
Illinois
$293K -$15.4K -376 -5%
BBL
155
Beck Bode LLC
Massachusetts
$292K +$275K +6,699 New
ProShare Advisors
156
ProShare Advisors
Maryland
$290K +$273K +6,655 New
LA
157
Lindenwold Advisors
Pennsylvania
$288K
A
158
AlphaQuest
New York
$288K +$271K +6,612 New
WA
159
Wealth Alliance
New York
$288K -$287 -7 -0.1%
Northwestern Mutual Wealth Management
160
Northwestern Mutual Wealth Management
Wisconsin
$287K +$255K +6,231 +1,671%
XT
161
XTX Topco
Cayman Islands
$280K +$264K +6,432 New
PFM
162
Premier Fund Managers
United Kingdom
$277K -$842K -20,547 -77%
TRCT
163
Tower Research Capital (TRC)
New York
$275K +$82.7K +2,017 +47%
PL
164
Perpetual Ltd
Australia
$275K +$259K +6,310 New
SRL
165
Scientech Research LLC
New Jersey
$274K +$258K +6,307 New
ACM
166
Aquatic Capital Management
Illinois
$270K +$254K +6,200 New
AB
167
Amalgamated Bank
New York
$249K -$16.9K -412 -7%
EC
168
EntryPoint Capital
New York
$246K +$231K +5,642 New
ASN
169
Advisory Services Network
Georgia
$225K -$50.9K -1,243 -19%
MIM
170
Marco Investment Management
Georgia
$225K +$212K +5,165 New
CC
171
Centiva Capital
New York
$218K +$206K +5,018 New
BEI
172
Benjamin Edwards Inc
Missouri
$216K -$54.9K -1,339 -21%
CIP
173
Cornerstone Investment Partners
Georgia
$209K +$197K +4,800 New
AIP
174
Ameritas Investment Partners
Nebraska
$174K
SWS
175
SYSTM Wealth Solutions
Illinois
$169K +$159K +3,890 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.