Construction Partners
ROAD
260 hedge funds and large institutions have $3.11B invested in Construction Partners in 2024 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 77 increasing their positions, 94 reducing their positions, and 23 closing their positions.
466% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $223K
122% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 23
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
25% more capital invested
Capital invested by funds: $2.49B → $3.11B (+$616M)
11% more funds holding
Funds holding: 235 → 260 (+25)
1.26% less ownership
Funds ownership: 102.89% → 101.63% (-1.3%)
18% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 94
Top Buyers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$23.1M |
| 2 |
ClearBridge Investments
New York
|
+$19.6M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$16.2M |
| 4 |
FAM
Fred Alger Management
New York
|
+$14.6M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$10.5M |
Top Sellers
ROAD Hedge Fund Activity: Q3 2024 in Review
260 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q3 2024, worth a combined $3.11B — up 25% from $2.49B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new ROAD positions and 23 closed out — a net gain of 28 holders — while 77 added to existing stakes and 94 trimmed.
The largest buyer was Ameriprise, adding an estimated $23.1M. The largest seller was Conestoga Capital Advisors, cutting an estimated $37.4M.
- 260 institutional investors held Construction Partners (ROAD) as of Q3 2024, up from 235 in Q2 2024.
- Funds reported $3.11B of Construction Partners stock for Q3 2024, up 25% quarter-over-quarter.
- 51 funds opened new Construction Partners positions in Q3 2024 and 23 closed out, a net change of +28 holders.
- The largest Construction Partners buyer in Q3 2024 was Ameriprise, an estimated $23.1M added.
- The largest Construction Partners seller in Q3 2024 was Conestoga Capital Advisors, an estimated $37.4M sold.
Based on aggregated 13F filings for Q3 2024.