SiteOne Landscape Supply
SITE
335 hedge funds and large institutions have $6.54B invested in SiteOne Landscape Supply in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 114 increasing their positions, 116 reducing their positions, and 39 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
40% more call options, than puts
Call options by funds: $1.15M | Put options by funds: $821K
19% more capital invested
Capital invested by funds: $5.48B → $6.54B (+$1.06B)
18% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 39
1.68% more ownership
Funds ownership: 104.59% → 106.27% (+1.7%)
1% more funds holding
Funds holding: 332 → 335 (+3)
2% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$80.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$38.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$34.6M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$32.7M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$34.5M |
| 2 |
BAMCO Inc
New York
|
-$30.1M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$23.9M |
| 4 |
SC
Styrax Capital
New York
|
-$16.9M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$16.3M |
SITE Hedge Fund Activity: Q1 2023 in Review
335 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in SiteOne Landscape Supply (SITE) for Q1 2023, worth a combined $6.54B — up 19% from $5.48B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new SITE positions and 39 closed out — a net gain of 7 holders — while 114 added to existing stakes and 116 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $80.5M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $34.5M.
- 335 institutional investors held SiteOne Landscape Supply (SITE) as of Q1 2023, up from 332 in Q4 2022.
- Funds reported $6.54B of SiteOne Landscape Supply stock for Q1 2023, up 19% quarter-over-quarter.
- 46 funds opened new SiteOne Landscape Supply positions in Q1 2023 and 39 closed out, a net change of +7 holders.
- The largest SiteOne Landscape Supply buyer in Q1 2023 was William Blair Investment Management, an estimated $80.5M added.
- The largest SiteOne Landscape Supply seller in Q1 2023 was Kayne Anderson Rudnick Investment Management, an estimated $34.5M sold.
Based on aggregated 13F filings for Q1 2023.