Construction Partners
ROAD
103 hedge funds and large institutions have $565M invested in Construction Partners in 2019 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 45 increasing their positions, 21 reducing their positions, and 22 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 21
99% more capital invested
Capital invested by funds: $284M → $565M (+$281M)
46.48% more ownership
Funds ownership: 55.93% → 102.42% (+46%)
32% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 22
6% more funds holding
Funds holding: 97 → 103 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.4M |
| 2 |
Janus Henderson Group
London,
|
+$16.1M |
| 3 |
BlackRock
New York
|
+$8.27M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.38M |
| 5 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$16.6M |
| 2 |
Renaissance Technologies
New York
|
-$2.48M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.03M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.64M |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.56M |
ROAD Hedge Fund Activity: Q4 2019 in Review
103 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q4 2019, worth a combined $565M — up 99% from $284M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new ROAD positions and 22 closed out — a net gain of 7 holders — while 45 added to existing stakes and 21 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $17.4M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $16.6M.
- 103 institutional investors held Construction Partners (ROAD) as of Q4 2019, up from 97 in Q3 2019.
- Funds reported $565M of Construction Partners stock for Q4 2019, up 99% quarter-over-quarter.
- 29 funds opened new Construction Partners positions in Q4 2019 and 22 closed out, a net change of +7 holders.
- The largest Construction Partners buyer in Q4 2019 was Fidelity Investments, an estimated $17.4M added.
- The largest Construction Partners seller in Q4 2019 was ArrowMark Colorado Holdings, an estimated $16.6M sold.
Based on aggregated 13F filings for Q4 2019.