SiteOne Landscape Supply
SITE
381 hedge funds and large institutions have $8.1B invested in SiteOne Landscape Supply in 2024 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 135 increasing their positions, 114 reducing their positions, and 42 closing their positions.
64% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 42
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 114
7% more funds holding
Funds holding: 356 → 381 (+25)
6% more capital invested
Capital invested by funds: $7.62B → $8.1B (+$486M)
1.02% less ownership
Funds ownership: 103.85% → 102.83% (-1%)
87% less call options, than puts
Call options by funds: $5.78M | Put options by funds: $43.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$71.8M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$66M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$52.7M |
| 4 |
BlackRock
New York
|
+$48.1M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$40.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$157M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$45.2M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$28.1M |
| 4 |
Morgan Stanley
New York
|
-$23.6M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$21.8M |
SITE Hedge Fund Activity: Q1 2024 in Review
381 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in SiteOne Landscape Supply (SITE) for Q1 2024, worth a combined $8.1B — up 6.4% from $7.62B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new SITE positions and 42 closed out — a net gain of 27 holders — while 135 added to existing stakes and 114 trimmed.
The largest buyer was Jarislowsky, Fraser Ltd, opening a new position worth an estimated $71.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $157M.
- 381 institutional investors held SiteOne Landscape Supply (SITE) as of Q1 2024, up from 356 in Q4 2023.
- Funds reported $8.1B of SiteOne Landscape Supply stock for Q1 2024, up 6.4% quarter-over-quarter.
- 69 funds opened new SiteOne Landscape Supply positions in Q1 2024 and 42 closed out, a net change of +27 holders.
- The largest SiteOne Landscape Supply buyer in Q1 2024 was Jarislowsky, Fraser Ltd, an estimated $71.8M added.
- The largest SiteOne Landscape Supply seller in Q1 2024 was T. Rowe Price Associates, an estimated $157M sold.
Based on aggregated 13F filings for Q1 2024.