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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
Canada Life
176
Canada Life
Manitoba, Canada
$168K
PNC Financial Services Group
177
PNC Financial Services Group
Pennsylvania
$166K -$86.9K -2,120 -36%
SPIA
178
Steward Partners Investment Advisory
New York
$155K +$1.11K +27 +0.8%
Federated Hermes
179
Federated Hermes
Pennsylvania
$150K +$142K +3,455 New
N
180
Natixis
France
$138K -$6.15K -150 -5%
MLICM
181
Metropolitan Life Insurance Company (MetLife)
New York
$99K -$6.72K -164 -7%
TWM
182
Tradition Wealth Management
Minnesota
$82K
UFF
183
USA Financial Formulas
Michigan
$71.9K +$67.7K +1,652 New
Fifth Third Bancorp
184
Fifth Third Bancorp
Ohio
$70.9K
WTG
185
West Tower Group
Virginia
$68.8K +$64.8K +1,580 New
Lazard Asset Management
186
Lazard Asset Management
New York
$63K +$59.9K +1,462 New
CT
187
Caldwell Trust
Florida
$35.9K
NS
188
NBC Securities
Alabama
$31K
CFGS
189
Concourse Financial Group Securities
Alabama
$30.4K +$1.93K +47 +7%
IGWM
190
ICA Group Wealth Management
Colorado
$30K +$28.3K +690 New
KBC Group
191
KBC Group
Belgium
$28K +$26.8K +653 New
GI
192
GAMMA Investing
California
$23.6K +$21.2K +518 New
BAM
193
Byrne Asset Management
New Jersey
$22.6K +$20.9K +510 New
Ohio Public Employees Retirement System (OPERS)
194
Ohio Public Employees Retirement System (OPERS)
Ohio
$19.3K -$82 -2 -0.4%
PS
195
Principal Securities
Iowa
$17.7K +$16.6K +406 New
FMP
196
Financial Management Professionals
Texas
$17K +$15.6K +381 New
APW
197
Acima Private Wealth
Virginia
$16.1K
BFEC
198
Benjamin F. Edwards & Company
Missouri
$15K +$14K +342 New
GWM
199
Geneos Wealth Management
Colorado
$10.9K
NA
200
NewEdge Advisors
Louisiana
$9.4K +$8.85K +216 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.