SiteOne Landscape Supply
SITE
193 hedge funds and large institutions have $3.73B invested in SiteOne Landscape Supply in 2019 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 82 increasing their positions, 56 reducing their positions, and 26 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 56
6% more capital invested
Capital invested by funds: $3.51B → $3.73B (+$217M)
1.33% less ownership
Funds ownership: 123.39% → 122.06% (-1.3%)
3% less funds holding
Funds holding: 199 → 193 (-6)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
92% less call options, than puts
Call options by funds: $222K | Put options by funds: $2.91M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$18.6M |
| 2 |
BlackRock
New York
|
+$13.9M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$11.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.4M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$9.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$48.1M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$22M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$11.5M |
| 4 |
BAMCO Inc
New York
|
-$11.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$7.01M |
SITE Hedge Fund Activity: Q3 2019 in Review
193 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in SiteOne Landscape Supply (SITE) for Q3 2019, worth a combined $3.73B — up 6.2% from $3.51B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SITE and 21 opened new positions — a net loss of 5 holders — while 56 trimmed existing stakes and 82 added.
The largest buyer was AllianceBernstein, adding an estimated $18.6M. The largest seller was Ontario Teachers' Pension Plan Board, exiting entirely with an estimated $48.1M sold.
- 193 institutional investors held SiteOne Landscape Supply (SITE) as of Q3 2019, down from 199 in Q2 2019.
- Funds reported $3.73B of SiteOne Landscape Supply stock for Q3 2019, up 6.2% quarter-over-quarter.
- 21 funds opened new SiteOne Landscape Supply positions in Q3 2019 and 26 closed out, a net change of -5 holders.
- The largest SiteOne Landscape Supply buyer in Q3 2019 was AllianceBernstein, an estimated $18.6M added.
- The largest SiteOne Landscape Supply seller in Q3 2019 was Ontario Teachers' Pension Plan Board, an estimated $48.1M sold.
Based on aggregated 13F filings for Q3 2019.