Construction Partners
ROAD
103 hedge funds and large institutions have $603M invested in Construction Partners in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 25 reducing their positions, and 13 closing their positions.
104% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 25
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
6.64% more ownership
Funds ownership: 102.42% → 109.06% (+6.6%)
7% more capital invested
Capital invested by funds: $565M → $603M (+$37.3M)
0% more funds holding
Funds holding: 103 → 103 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$24.7M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$5.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.8M |
| 4 |
AACP
Advantage Alpha Capital Partners
San Francisco,
California
|
+$2.77M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$6.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.54M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.29M |
| 4 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$1.98M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.65M |
ROAD Hedge Fund Activity: Q1 2020 in Review
103 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q1 2020, worth a combined $603M — up 6.6% from $565M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ROAD positions and 13 closed out — a net gain of 2 holders — while 51 added to existing stakes and 25 trimmed.
The largest buyer was Conestoga Capital Advisors, adding an estimated $24.7M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $6.9M.
- 103 institutional investors held Construction Partners (ROAD) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $603M of Construction Partners stock for Q1 2020, up 6.6% quarter-over-quarter.
- 15 funds opened new Construction Partners positions in Q1 2020 and 13 closed out, a net change of +2 holders.
- The largest Construction Partners buyer in Q1 2020 was Conestoga Capital Advisors, an estimated $24.7M added.
- The largest Construction Partners seller in Q1 2020 was ArrowMark Colorado Holdings, an estimated $6.9M sold.
Based on aggregated 13F filings for Q1 2020.