Construction Partners
ROAD • NASDAQ
Construction Partners is a engineering & construction company in the industrials sector on NASDAQ, led by Fred J. Smith, III, with a market cap of $6.2B. As of Q3 2025, 83% of shares are held by 328 institutional investors, with VANGUARD GROUP INC as the largest holder at 8.15%.
President and Chief Executive OfficerFred J. Smith, III
Market Cap$6.2B
Engineering & Construction
Industrials
Employees4.0K
Websiteconstructionpartners.net
Country
United States of America
Overview
Overview of institutional ownership in ROAD as of Q3 2025 with a market cap of $7.1B
All Institutions
- Institutions
- 328
- Value Held
- $5.9B
- Shares Held
- 46.4M
- Avg Position
- $18.0M
- Median Position
- $941.7K
Hedge Funds
- Hedge Funds
- 35
- Value Held
- $264.9M
- Shares Held
- 2.1M
- Avg Position
- $7.6M
- Median Position
- $2.3M
Ownership Breakdown
Based on market cap of $7.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in ROAD as of Q3 2025
| Institution | Position Value |
|---|---|
 VANGUARD GROUP INC Institution | $580.2M 0.01% of portfolio |
 FMR LLC Institution | $496.7M 0.03% of portfolio |
B BlackRock, Inc. Institution | $483.7M 0.01% of portfolio |
 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Long Only Manager | $284.2M 0.69% of portfolio |
 Conestoga Capital Advisors, LLC Long Only Manager | $270.7M 4.35% of portfolio |
 GENEVA CAPITAL MANAGEMENT LTD/WI Long Only Manager | $230.5M 3.95% of portfolio |
M MACQUARIE GROUP LTD Institution | $168.0M 0.20% of portfolio |
 Invesco Ltd. ETF Provider | $152.1M 0.02% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $147.3M 0.01% of portfolio |
 STATE STREET CORP Institution | $137.7M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for ROAD in Q3 2025
- Traded
- −$117.3M
- Buyers
- 141
- Sellers
- 164
- Total Bought
- +$436.6M
- Total Sold
- −$553.9M
- Avg Position
- $16.4M
Biggest Buyers
| Institution | Net Bought |
|---|---|
 PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager | +$100.7M +792.7K shares |
FMR LLC Institution | +$48.0M +377.8K shares |
B BlackRock, Inc. Institution | +$34.6M +272.7K shares |
 FIRST TRUST ADVISORS LP ETF Provider | +$33.5M +264.1K shares |
 BANK OF AMERICA CORP /DE/ Institution | +$28.4M +223.5K shares |
R ROYAL BANK OF CANADA Institution | +$16.7M +131.8K shares |
 Nicholas Investment Partners, LP Long Only Manager | +$15.9M +125.4K shares |
A AGF MANAGEMENT LTD Institution | +$15.1M +118.6K shares |
 Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | +$14.7M +116.0K shares |
M Man Group plc Institution | +$13.8M +108.7K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
Conestoga Capital Advisors, LLC Long Only Manager | −$63.7M −501.7K shares |
GENEVA CAPITAL MANAGEMENT LTD/WI Long Only Manager | −$44.4M −349.8K shares |
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Long Only Manager | −$40.1M −315.6K shares |
 LORD, ABBETT & CO. LLC Long Only Manager | −$32.7M −257.3K shares |
 ALLIANCEBERNSTEIN L.P. Long Only Manager | −$27.9M −219.5K shares |
 DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven | −$22.4M −176.1K shares |
 WASATCH ADVISORS INC Long Only Manager | −$22.3M −175.5K shares |
 AMERIPRISE FINANCIAL INC Institution | −$21.3M −168.1K shares |
M MACQUARIE GROUP LTD Institution | −$20.7M −163.1K shares |
 Allspring Global Investments Holdings, LLC Long Only Manager | −$15.8M −126.5K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited ROAD in Q3 2025
- New Positions
- 25
- New Value
- $44.7M
- Exited Positions
- 30
- Exited Value
- $23.3M
New Positions
| Institution | Position Value |
|---|---|
Nicholas Investment Partners, LP Long Only Manager | $15.9M 125.4K shares |
A AGF MANAGEMENT LTD Institution | $15.1M 118.6K shares |
P PINNBROOK CAPITAL MANAGEMENT LP Hedge Fund•Global Macro | $6.3M 49.4K shares |
T Telligent Fund, LP Institution | $1.0M 8.0K shares |
 ALTFEST L J & CO INC RIA/Wealth | $964.9K 7.6K shares |
 Jain Global LLC Hedge Fund•Multi-Strategy | $736.7K 5.8K shares |
H Headlands Technologies LLC Institution | $719.5K 5.7K shares |
 Arkadios Wealth Advisors RIA/Wealth | $566.5K 4.5K shares |
D DRW Securities, LLC Institution | $516.2K 4.1K shares |
 EVERENCE CAPITAL MANAGEMENT INC Long Only Manager | $486.4K 3.8K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Z Zimmer Partners, LP Hedge Fund•Long/Short | $5.3M 50.0K shares |
 EAM Global Investors LLC Long Only Manager | $4.7M 44.4K shares |
 Aquatic Capital Management LLC Hedge Fund•Quant | $2.6M 24.1K shares |
 SummitTX Capital, L.P. Hedge Fund•Multi-Strategy | $1.8M 17.0K shares |
 Marshall Wace LLP Institution | $1.4M 12.8K shares |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $1.0M 9.7K shares |
 CWM Advisors, LLC ETF Provider | $861.2K 8.1K shares |
 ARP AMERICAS LLC Hedge Fund•Multi-Strategy | $776.1K 7.3K shares |
O OPTIONS SOLUTIONS, LLC Hedge Fund•Sector | $659.5K 6.2K shares |
P Petrus Trust Company, LTA Institution | $484.6K 4.6K shares |
Options Activity
Institutions with the largest Call and Put options positions in ROAD as of Q3 2025
- Call Positions
- 6
- Call Value
- $10.4M
- Put Positions
- 7
- Put Value
- $4.0M
Call Positions
| Institution | Position Value |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $5.6M 440.0 contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $1.5M 117.0 contracts |
P PEAK6 LLC Institution | $1.3M 104.0 contracts |
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage | $1.2M 91.0 contracts |
W WOLVERINE TRADING, LLC Institution | $890.0K 70.0 contracts |
B Belvedere Trading LLC Institution | - - contracts |
Put Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $1.6M 127.0 contracts |
W WOLVERINE TRADING, LLC Institution | $991.7K 78.0 contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $914.4K 72.0 contracts |
J JANE STREET GROUP, LLC Institution | $444.5K 35.0 contracts |
P PEAK6 LLC Institution | $25.4K 2.0 contracts |
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage | $12.7K 1.0 contracts |
B Belvedere Trading LLC Institution | - - contracts |
Most Committed Institutions
Institutions with ROAD as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
 R.P. Boggs & Co. Wealth Mangement RIA/Wealth | 13.11% $28.9M |
 Tyro Capital Management LLC Hedge Fund•Long/Short | 7.76% $20.9M |
E Engle Capital Management, L.P. Hedge Fund•Long/Short | 5.46% $15.5M |
Conestoga Capital Advisors, LLC Long Only Manager | 4.35% $270.7M |
GENEVA CAPITAL MANAGEMENT LTD/WI Long Only Manager | 3.95% $230.5M |
S Summit Creek Advisors LLC Long Only Manager | 2.98% $20.4M |
G Gallo Partners, LP Hedge Fund•Sector | 2.53% $3.4M |
 AH Lisanti Capital Growth, LLC Long Only Manager | 1.80% $7.4M |
 Aubrey Capital Management Ltd Long Only Manager | 1.42% $4.5M |
Nicholas Investment Partners, LP Long Only Manager | 1.39% $15.9M |
Hedge Fund Spotlight
Discover hedge funds investing in ROAD
BALYASNY ASSET MANAGEMENT LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerDmitry Balyasny
- Portfolio Value
- $48.1B
- Positions
- 1,894
- Last Reported
- Q3 2025
Sector Allocation
Position in Construction Partners
- Market Value
- $5.6M
- Shares Held
- 44.4K
- Portfolio Weight
- 0.01%
- Owned Since
- 2024-Q1
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $1.1B | 2.29% | |
Software - Infrastructure Technology | $1.1B | 2.23% | |
Semiconductors Technology | $905.7M | 1.88% |
