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Construction Partners

332 hedge funds and large institutions have $5.13B invested in Construction Partners in 2025 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 104 increasing their positions, 133 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

378% more call options, than puts

Call options by funds: $13M | Put options by funds: $2.71M

2% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 50

0.9% more ownership

Funds ownership: 97.68%98.58% (+0.9%)

2% less funds holding

Funds holding: 338332 (-6)

13% less capital invested

Capital invested by funds: $5.9B → $5.13B (-$761M)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

22% less repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 133

Holders
332
Holders Change
-6
Holders Change %
-1.78%
% of All Funds
4.04%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.07%
New
51
Increased
104
Reduced
133
Closed
50
Calls
$13M
Puts
$2.71M
Net Calls
+$10.3M
Net Calls Change
+$3.98M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$499M +$77.1M +684,945 +18%
Vanguard Group
2
Vanguard Group
Pennsylvania
$458M -$39.4M -350,286 -8%
BlackRock
3
BlackRock
New York
$424M +$11.5M +101,737 +3%
CCA
4
Conestoga Capital Advisors
Pennsylvania
$220M -$12M -106,850 -5%
GCM
5
Geneva Capital Management
Wisconsin
$198M +$694K +6,163 +0.3%
Kayne Anderson Rudnick Investment Management
6
Kayne Anderson Rudnick Investment Management
California
$191M -$53.5M -475,521 -21%
Invesco
7
Invesco
Georgia
$161M +$32M +284,082 +24%
NAMI
8
Nomura Asset Management International
Pennsylvania
$154M +$160M +1,422,080 New
Geode Capital Management
9
Geode Capital Management
Massachusetts
$126M +$464K +4,118 +0.4%
American Century Companies
10
American Century Companies
Missouri
$120M +$7.71M +68,459 +7%
State Street
11
State Street
Massachusetts
$117M -$939K -8,345 -0.8%
Capital World Investors
12
Capital World Investors
California
$93M +$47.6M +423,033 +98%
ClearBridge Investments
13
ClearBridge Investments
New York
$91.8M +$22.5M +199,853 +31%
Allspring Global Investments
14
Allspring Global Investments
North Carolina
$90.9M +$25.3M +224,575 +38%
First Trust Advisors
15
First Trust Advisors
Illinois
$86.3M -$29.8M -264,804 -25%
AllianceBernstein
16
AllianceBernstein
Tennessee
$79.3M -$3.69M -32,756 -4%
AIM
17
Artemis Investment Management
United Kingdom
$76.9M +$5.75M +51,052 +8%
DCM
18
Driehaus Capital Management
Illinois
$75.3M -$22.5M -199,729 -22%
T. Rowe Price Associates
19
T. Rowe Price Associates
Maryland
$70.7M -$20.4M -181,559 -22%
Bank of America
20
Bank of America
North Carolina
$67.7M -$15.1M -133,727 -18%
WA
21
Wasatch Advisors
Utah
$65.9M -$38.2M -339,375 -36%
Loomis, Sayles & Company
22
Loomis, Sayles & Company
Massachusetts
$63.7M -$3.09M -27,429 -4%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$61M +$5.64M +50,071 +10%
Franklin Resources
24
Franklin Resources
California
$59.7M +$4.27M +37,959 +7%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$57.4M -$1.28M -11,397 -2%

ROAD Hedge Fund Activity: Q4 2025 in Review

332 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q4 2025, worth a combined $5.13B — down 13% from $5.9B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new ROAD positions and 50 closed out — a net gain of 1 holder — while 104 added to existing stakes and 133 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $77.1M. The largest seller was Macquarie Group, exiting entirely with an estimated $168M sold.

  • 332 institutional investors held Construction Partners (ROAD) as of Q4 2025, down from 338 in Q3 2025.
  • Funds reported $5.13B of Construction Partners stock for Q4 2025, down 13% quarter-over-quarter.
  • 51 funds opened new Construction Partners positions in Q4 2025 and 50 closed out, a net change of +1 holder.
  • The largest Construction Partners buyer in Q4 2025 was Fidelity Investments, an estimated $77.1M added.
  • The largest Construction Partners seller in Q4 2025 was Macquarie Group, an estimated $168M sold.

Based on aggregated 13F filings for Q4 2025.