Construction Partners
ROAD
48 hedge funds and large institutions have $127M invested in Construction Partners in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 11 reducing their positions, and 9 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 11
0% more funds holding
Funds holding: 48 → 48 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
0.61% less ownership
Funds ownership: 88.51% → 87.9% (-0.61%)
9% less capital invested
Capital invested by funds: $139M → $127M (-$12.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$4.85M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.82M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$2.13M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
+$1.45M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$5.49M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$4.7M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$3.44M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$2.92M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.35M |
ROAD Hedge Fund Activity: Q3 2018 in Review
48 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q3 2018, worth a combined $127M — down 8.8% from $139M a quarter earlier.
Fund positioning in ROAD was balanced in Q3 2018: 9 funds opened new positions, 9 closed out, 25 added to existing stakes and 11 trimmed.
The largest buyer was Jupiter Asset Management, opening a new position worth an estimated $4.85M. The largest seller was Alyeska Investment Group, cutting an estimated $5.49M.
- 48 institutional investors held Construction Partners (ROAD) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $127M of Construction Partners stock for Q3 2018, down 8.8% quarter-over-quarter.
- 9 funds opened new Construction Partners positions in Q3 2018 and 9 closed out, a net change of 0 holders.
- The largest Construction Partners buyer in Q3 2018 was Jupiter Asset Management, an estimated $4.85M added.
- The largest Construction Partners seller in Q3 2018 was Alyeska Investment Group, an estimated $5.49M sold.
Based on aggregated 13F filings for Q3 2018.