Construction Partners
ROAD
154 hedge funds and large institutions have $1.04B invested in Construction Partners in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 57 reducing their positions, and 19 closing their positions.
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
2% more funds holding
Funds holding: 151 → 154 (+3)
1% less capital invested
Capital invested by funds: $1.05B → $1.04B (-$14.8M)
3.17% less ownership
Funds ownership: 97.11% → 93.94% (-3.2%)
10% less call options, than puts
Call options by funds: $162K | Put options by funds: $181K
14% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 57
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$10.1M |
| 2 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$7.25M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.74M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$6.33M |
| 5 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$3.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$13.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$10.6M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$6.11M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.82M |
| 5 |
Goldman Sachs
New York
|
-$4.19M |
ROAD Hedge Fund Activity: Q4 2022 in Review
154 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q4 2022, worth a combined $1.04B — down 1.4% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ROAD positions and 19 closed out — a net gain of 4 holders — while 49 added to existing stakes and 57 trimmed.
The largest buyer was Jennison Associates, opening a new position worth an estimated $10.1M. The largest seller was Wasatch Advisors, cutting an estimated $13.7M.
- 154 institutional investors held Construction Partners (ROAD) as of Q4 2022, up from 151 in Q3 2022.
- Funds reported $1.04B of Construction Partners stock for Q4 2022, down 1.4% quarter-over-quarter.
- 23 funds opened new Construction Partners positions in Q4 2022 and 19 closed out, a net change of +4 holders.
- The largest Construction Partners buyer in Q4 2022 was Jennison Associates, an estimated $10.1M added.
- The largest Construction Partners seller in Q4 2022 was Wasatch Advisors, an estimated $13.7M sold.
Based on aggregated 13F filings for Q4 2022.