SecuritySTCK / BMC Stock Holdings, Inc.
InstitutionOdey Asset Management Group Ltd
Shares2,617,000
Ownership 4.00%
Related BMCH / BMC Stock Holdings, Inc.

Odey Asset Management Group Ltd discloses 4.00% passive ownership in STCK / BMC Stock Holdings, Inc.

January 19, 2016 - Odey Asset Management Group Ltd has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 2,617,000 shares of BMC Stock Holdings, Inc. (NASDAQ:STCK). This represents 4.0 percent ownership of the company.

Other investors with positions similar to Odey Asset Management Group Ltd include State Street Corp, Neumeier Poma Investment Counsel LLC, Skyline Asset Management Lp, Alyeska Investment Group, L.P., Loomis Sayles & Co L P, and Westfield Capital Management Co Lp.

BMC Stock Holdings, Inc. has declared a standard industrial code (sic) of 5211 which is the "Lumber and Other Building Materials Dealers" industry. Odey Asset Management Group Ltd's top industries are "Mining And Quarrying Of Nonmetallic Minerals, Except Fuels" (sic 14), "Furniture And Fixtures" (sic 25), and "Primary Metal Industries" (sic 33).

13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date
Effective
Date
Form Prev
Shares
Reported
Shares
Change in Shares
(Percent)
Ownership
(Percent)
Change in Ownership
(Percent)
2016-01-19 2016-01-19 SC 13G/A 2,617,000 4.00

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR BMC STK HLDGS COM 05591B109 22.43 1,142,187 -0.87 22,330 -23.40 -225 -6,597 -22.63
2017-12-31 13F-HR BMC STK HLDGS COM 05591B109 23.33 1,152,240 -17.70 29,152 -2.47 -5,779 5,041 16.87
2017-09-30 13F-HR BMC STK HLDGS COM 05591B109 21.60 1,400,000 24.90 29,890 22.04 6,029 -630 -2.57
2017-06-30 13F-HR BMC STK HLDGS COM 05591B109 22.22 1,120,872 -9.32 24,491 -12.33 -2,559 -884 -3.16
2017-03-31 13F-HR BMC STK HLDGS COM 05591B109 21.05 1,236,018 -44.29 27,934 -35.43 -20,682 5,354 12.38
2016-12-31 13F-HR BMC STK HLDGS COM 05591B109 18.62 2,218,543 -9.74 43,262 -0.73 -4,455 4,139 9.50
2016-09-30 13F-HR BMC STK HLDGS COM 05591B109 17.78 2,457,853 0.00 43,578 -0.50 0 -221 -0.50
2016-06-30 13F-HR BMC STK HLDGS COM 05591B109 17.22 2,457,853 -5.72 43,799 1.09 -2,568 3,039 7.01
2016-03-31 13F-HR BMC STK HLDGS COM 05591B109 16.68 2,607,000 10.84 43,328 9.98 4,255 -323 -0.82
2015-12-31 13F-HR BMC STK HLDGS COM 05591B109 17.18 2,352,000 0.00 39,396 -4.88 0 -2,023 -4.88
2015-09-30 13F-HR STOCK BLDG SUPPLY HLDGS COM 86101X104 18.58 2,352,000 0.00 41,419 -9.92 0 -4,563 -9.92
2015-06-30 13F-HR STOCK BLDG SUPPLY HLDGS COM 86101X104 18.81 2,352,000 22.16 45,982 32.24 8,024 3,187 9.17
2015-03-31 13F-HR STOCK BLDG SUPPLY HLDGS COM 86101X104 16.69 1,925,300 14.86 34,771 35.40 4,156 4,935 19.22
2014-12-31 13F-HR STOCK BLDG SUPPLY HLDGS COM 86101X104 15.51 1,676,262 34.27 25,680 30.94 6,638 -570 -2.91
2014-09-30 13F-HR STOCK BLDG SUPPLY HLDGS COM 86101X104 17.72 1,248,388 -19.76 19,612 -36.11 -5,448 -5,637 -18.36
2014-06-30 13F-HR STOCK BLDG SUPPLY HLDGS COM 86101X104 20.02 1,555,835 28.93 30,697 25.19 6,990 -814 -3.32
2014-03-31 13F-HR STOCK BLDG SUPPLY HLDGS COM 86101X104 1,206,764 24,521


CUSIP: 05591B109