Construction Partners
ROAD
329 hedge funds and large institutions have $5.05B invested in Construction Partners in 2025 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 100 increasing their positions, 120 reducing their positions, and 24 closing their positions.
661% more call options, than puts
Call options by funds: $4.61M | Put options by funds: $606K
225% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 24
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
46% more capital invested
Capital invested by funds: $3.46B → $5.05B (+$1.59B)
18% more funds holding
Funds holding: 279 → 329 (+50)
1.34% less ownership
Funds ownership: 102.1% → 100.76% (-1.3%)
17% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$87.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$26.1M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$22.5M |
| 4 |
Bank of New York Mellon
New York
|
+$20.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$76.7M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$45.2M |
| 3 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
-$27.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$21.7M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$19.5M |
ROAD Hedge Fund Activity: Q2 2025 in Review
329 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q2 2025, worth a combined $5.05B — up 46% from $3.46B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new ROAD positions and 24 closed out — a net gain of 54 holders — while 100 added to existing stakes and 120 trimmed.
The largest buyer was Vanguard Group, adding an estimated $87.7M. The largest seller was Conestoga Capital Advisors, cutting an estimated $76.7M.
- 329 institutional investors held Construction Partners (ROAD) as of Q2 2025, up from 279 in Q1 2025.
- Funds reported $5.05B of Construction Partners stock for Q2 2025, up 46% quarter-over-quarter.
- 78 funds opened new Construction Partners positions in Q2 2025 and 24 closed out, a net change of +54 holders.
- The largest Construction Partners buyer in Q2 2025 was Vanguard Group, an estimated $87.7M added.
- The largest Construction Partners seller in Q2 2025 was Conestoga Capital Advisors, an estimated $76.7M sold.
Based on aggregated 13F filings for Q2 2025.