The New Robotti Robert Holding in BMC Stock Holdings Inc (NASDAQ:STCK)
Robotti Robert filed with the SEC SC 13D form for Bmc Stock Holdings, Inc. The form can be accessed here: 000114036115044296. As reported in Robotti Robert’s form, the filler as of late owns 9% or 5,862,071 shares of the Consumer Discretionary-company.
BMC Stock Holdings Inc (NASDAQ:STCK) stake is a new one for the for this institutional investor and it was filed because of activity on December 1, 2015. We feel this shows Robotti Robert’s positive view for the stock.
Bmc Stock Holdings, Inc Institutional Sentiment
Latest Security and Exchange filings show 79 investors own Bmc Stock Holdings, Inc. The institutional ownership in Q3 2015 is high, at 23.12% of the outstanding shares. This is decreased by 41826 the total institutional shares. 15117597 were the shares owned by these institutional investors. In total 9 funds opened new Bmc Stock Holdings, Inc stakes, 31 increased stakes. There were 6 that closed positions and 25 reduced them.
4 managers had the stock in their top Ten. Notable investors are: Kdi Capital Partners Llc, Ack Asset Management Llc, Spruce House Investment Management Llc, Odey Asset Management Group Ltd..
Crispin Odey Odey Asset Management Group Ltd is an institutional investor bullish on Bmc Stock Holdings, Inc, owning 2352000 shares as of Q3 2015 for 3.28% of its portfolio. Spruce House Investment Management Llc owns 297641 shares or 0.97% of its portfolio. NC Kdi Capital Partners Llc have 7.47% of their stock portfolio for 1458284 shares. Further, Ack Asset Management Llc reported stake worth 5.57% of its US stock portfolio. The GA Gmt Capital Corp owns 548437 shares. Bmc Stock Holdings, Inc is 0.25% of the manager’s US portfolio.
BMC Stock Holdings, Inc., formerly Stock Building Supply Holdings, Inc. is a diversified lumber and building materials (LBM) distributor and solutions provider that sells to construction and repair and remodeling contractors. The Company operates through two segments: Geographic divisions and Coleman Floor. The Geographic divisions segment includes East and West divisions. The Coleman Floor segment offers professional flooring installation services. Its products are lumber and lumber sheet goods, millwork, doors, flooring, windows, structural components, such as engineered wood products (EWP), trusses and wall panels and other exterior products. It provides solution-based services to its customers, including design, product specification and installation management services. It serves a range of customer base, including homebuilders and custom homebuilders. Its operating regions include the South and West regions of the United States.
SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.
The institutional sentiment decreased to 1.29 in Q3 2015. Its down 0.26, from 1.55 in 2015Q2. The ratio worsened, as 6 funds sold all BMC Stock Holdings Inc shares owned while 25 reduced positions. 9 funds bought stakes while 31 increased positions. They now own 15.12 million shares or 0.28% less from 15.16 million shares in 2015Q2.
Kdi Capital Partners Llc holds 7.47% of its portfolio in BMC Stock Holdings Inc for 1.46 million shares. Ack Asset Management Llc owns 755,400 shares or 5.57% of their US portfolio. Moreover, Odey Asset Management Group Ltd has 3.28% invested in the company for 2.35 million shares. The Connecticut-based Scholtz & Company Llc has invested 2.11% in the stock. Skyline Asset Management Lp, a Illinois-based fund reported 960,320 shares.
About 54,254 shares traded hands or 10.65% up from the average. BMC Stock Holdings Inc (NASDAQ:STCK) has declined 17.91% since May 8, 2015 and is downtrending. It has underperformed by 14.89% the S&P500.
More notable recent BMC Stock Holdings Inc (NASDAQ:STCK) news were published by: Globenewswire.com which released: “BMC Stock Holdings, Inc. Releases New Investor Presentation” on December 09, 2015, also Nasdaq.com with their article: “BMC and Stock Building Supply Complete Merger, Creating BMC Stock Holdings …” published on December 01, 2015, Bizjournals.com published: “Stock Building Supply completes merger” on December 01, 2015. More interesting news about BMC Stock Holdings Inc (NASDAQ:STCK) were released by: Globenewswire.com and their article: “Stock Building Supply Holdings, Inc. and Building Materials Holding …” published on June 03, 2015 as well as Streetinsider.com‘s news article titled: “Form 4 BMC STOCK HOLDINGS, INC. For: Dec 01 Filed by: STREET PAUL S” with publication date: December 04, 2015.
According to Zacks Investment Research, “Stock Building Supply offers a broad range of products, including lumber and lumber sheet goods, millwork, doors, flooring, windows, structural components, engineered wood products, trusses, wall panels and other exterior products. Their customer base includes production homebuilders, custom homebuilders and remodeling contractors.” Get a free copy of the Zacks research report on BMC Stock Holdings Inc (STCK).
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