Addison Clark Management L.l.c. Lowers stake in Green Brick Partners Inc (GRBK)

Green Brick Partners Inc (GRBK) : Addison Clark Management L.l.c. reduced its stake in Green Brick Partners Inc by 11.3% during the most recent quarter end. The investment management company now holds a total of 1,193,986 shares of Green Brick Partners Inc which is valued at $8,954,895 after selling 152,076 shares in Green Brick Partners Inc , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Green Brick Partners Inc makes up approximately 13.60% of Addison Clark Management L.l.c.’s portfolio.

Other Hedge Funds, Including , Geode Capital Management boosted its stake in GRBK in the latest quarter, The investment management firm added 3,683 additional shares and now holds a total of 187,843 shares of Green Brick Partners Inc which is valued at $1,408,823.Tiaa Cref Investment Management boosted its stake in GRBK in the latest quarter, The investment management firm added 4,703 additional shares and now holds a total of 68,341 shares of Green Brick Partners Inc which is valued at $512,558. Credit Suisse Ag added GRBK to its portfolio by purchasing 12,231 company shares during the most recent quarter which is valued at $91,733.Tower Research Capital (trc) reduced its stake in GRBK by selling 1,515 shares or 87.57% in the most recent quarter. The Hedge Fund company now holds 215 shares of GRBK which is valued at $1,613.California State Teachers Retirement System boosted its stake in GRBK in the latest quarter, The investment management firm added 2,952 additional shares and now holds a total of 48,687 shares of Green Brick Partners Inc which is valued at $351,520.

Green Brick Partners Inc opened for trading at $7.9 and hit $8.05 on the upside on Monday, eventually ending the session at $7.96, with a gain of 0.63% or 0.05 points. The heightened volatility saw the trading volume jump to 31,484 shares. Company has a market cap of $390 M.

Green Brick Partners Inc. formerly BioFuel Energy Corp. is a real estate operator. The Company is involved in the purchase and development of land for residential use construction lending and home building operations. The Company operates through two segments: land development and homebuilding services. Within homebuilding services segment the Company has two divisions: Texas and Georgia. The Company’s land development segment conducts its business under the brand Green Brick Communities. The Company’s homebuilding services segment conducts its operations primarily through JBGL Builder Finance LLC (Builder Finance). The Company is engaged in various aspects of the homebuilding process including land acquisition and development entitlements design construction marketing and sales of various residential projects in master planned communities primarily in the metropolitan areas of Dallas and Fort Worth Texas (DFW) and Atlanta Georgia (Atlanta).

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