SiteOne Landscape Supply
SITE
129 hedge funds and large institutions have $1.68B invested in SiteOne Landscape Supply in 2017 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 47 increasing their positions, 37 reducing their positions, and 22 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
50% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 22
41% more capital invested
Capital invested by funds: $1.19B → $1.68B (+$486M)
27% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 37
4% more funds holding
Funds holding: 124 → 129 (+5)
0.79% more ownership
Funds ownership: 86.7% → 87.5% (+0.79%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$49.6M |
| 2 |
BlackRock
New York
|
+$35.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.2M |
| 4 |
LLC
Latimer Light Capital
New York
|
+$20.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$42.5M |
| 2 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$16.1M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$14.8M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$14M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.4M |
SITE Hedge Fund Activity: Q1 2017 in Review
129 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in SiteOne Landscape Supply (SITE) for Q1 2017, worth a combined $1.68B — up 41% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SITE positions and 22 closed out — a net gain of 11 holders — while 47 added to existing stakes and 37 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $49.6M. The largest seller was Millennium Management, cutting an estimated $42.5M.
- 129 institutional investors held SiteOne Landscape Supply (SITE) as of Q1 2017, up from 124 in Q4 2016.
- Funds reported $1.68B of SiteOne Landscape Supply stock for Q1 2017, up 41% quarter-over-quarter.
- 33 funds opened new SiteOne Landscape Supply positions in Q1 2017 and 22 closed out, a net change of +11 holders.
- The largest SiteOne Landscape Supply buyer in Q1 2017 was Kayne Anderson Rudnick Investment Management, an estimated $49.6M added.
- The largest SiteOne Landscape Supply seller in Q1 2017 was Millennium Management, an estimated $42.5M sold.
Based on aggregated 13F filings for Q1 2017.