Construction Partners
ROAD
362 hedge funds and large institutions have $5.89B invested in Construction Partners in 2026 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 129 increasing their positions, 113 reducing their positions, and 38 closing their positions.
77% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $11.6M
61% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 38
14% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 113
9% more capital invested
Capital invested by funds: $5.4B → $5.89B (+$485M)
6% more funds holding
Funds holding: 343 → 362 (+19)
2.1% more ownership
Funds ownership: 101.32% → 103.42% (+2.1%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$48M |
| 2 |
Millennium Management
New York
|
+$41.1M |
| 3 |
Goldman Sachs
New York
|
+$31.3M |
| 4 |
JP Morgan Chase
New York
|
+$28.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$58.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$40.4M |
| 3 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
-$37.6M |
| 4 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$35M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$33M |
ROAD Hedge Fund Activity: Q2 2026 in Review
362 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Construction Partners (ROAD) for Q2 2026, worth a combined $5.89B — up 9% from $5.4B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new ROAD positions and 38 closed out — a net gain of 23 holders — while 129 added to existing stakes and 113 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $48M. The largest seller was Jane Street, cutting an estimated $58.8M.
- 362 institutional investors held Construction Partners (ROAD) as of Q2 2026, up from 343 in Q1 2026.
- Funds reported $5.89B of Construction Partners stock for Q2 2026, up 9% quarter-over-quarter.
- 61 funds opened new Construction Partners positions in Q2 2026 and 38 closed out, a net change of +23 holders.
- The largest Construction Partners buyer in Q2 2026 was Van Berkom & Associates, an estimated $48M added.
- The largest Construction Partners seller in Q2 2026 was Jane Street, an estimated $58.8M sold.
Based on aggregated 13F filings for Q2 2026.