credit / rates
“The increase was driven by higher average outstanding borrowings incurred to fund the acquisition of Steelcase.”
HNI 10-Q
Confirmed
Residential Construction & Building Products
20 names are moving together; 35% are participating in the current session.
3 observed Confirmed episodes
Co-movement
Observed member paths adjusted against SPY. Shading marks the latest observation window.
Members
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| DHI | D.R. Horton, Inc. | Consumer Cyclical | -1.0% | 1/17 observed active sessions |
| PHM | PulteGroup, Inc. | Consumer Cyclical | -2.7% | 2/17 observed active sessions |
| SSD | Simpson Manufacturing Company, | Basic Materials | -1.4% | 2/17 observed active sessions |
| BLDR | Builders FirstSource, Inc. | Industrials | -2.5% | Group member |
| GRBK | Green Brick Partners, Inc. | Consumer Cyclical | -2.0% | 2/17 observed active sessions |
| UFPI | UFP Industries, Inc. | Basic Materials | -1.9% | 6/17 observed active sessions |
| FND | Floor & Decor Holdings, Inc. | Consumer Cyclical | -0.8% | Group member |
| LEN | Lennar Corporation | Consumer Cyclical | -0.9% | 2/17 observed active sessions |
| CSL | Carlisle Companies Incorporated | Industrials | +10.5% | 2/17 observed active sessions |
| SKY | Champion Homes, Inc. | Consumer Cyclical | +0.1% | 2/17 observed active sessions |
| BCC | Boise Cascade, L.L.C. | Basic Materials | -2.8% | 4/17 observed active sessions |
| MTH | Meritage Homes Corporation | Consumer Cyclical | -0.9% | Group member |
| DORM | Dorman Products, Inc. | Consumer Cyclical | -5.7% | 4/17 observed active sessions |
| EXP | Eagle Materials Inc | Basic Materials | -1.9% | 3/17 observed active sessions |
| LPX | Louisiana-Pacific Corporation | Industrials | -2.3% | 4/17 observed active sessions |
| MHO | M/I Homes, Inc. | Consumer Cyclical | -1.6% | 3/17 observed active sessions |
| KBH | KB Home | Consumer Cyclical | -1.1% | 2/17 observed active sessions |
| HNI | HNI Corporation | Consumer Cyclical | +1.9% | 3/17 observed active sessions |
| FBIN | Fortune Brands Innovations, Inc | Industrials | +0.2% | Group member |
| VVV | Valvoline Inc. | Consumer Cyclical | -3.2% | Group member |
Why we believe this
Cohort
20 namesParticipation
35% this sessionObserved history
22 daily buildsFiling coverage
20/20 membersdemand / volume affecting revenue
“CCM's revenue decreased in the first quarter of 2026, primarily reflecting lower volumes due to the adverse winter weather and continued softness in commercial new construction activity.”
CSL 10-Q
demand / volume affecting orders
“We are subject to various federal, state and local laws, regulations and executive orders, many of which are complex, frequently changing, and subject to varying interpretations.”
BLDR 10-K
This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.
Connected, outside the group
MRP
LENcustomer · Not moving with the group now
Filing receipt · MRP / LEN
“For the three months ended March 31, 2026, the Company derived a substantial portion of its revenues from Lennar, which represented $ 140.3 million, or 72 %, of the Comp…”
LEN · customer
HD
FBINcustomer · Not moving with the group now
Filing receipt · HD / FBIN
“Approximately 16% of 2025 net sales were to international markets, and sales to two of the Company’s customers, Lowe’s Companies, Inc.”
FBIN · customer
BXC
LPXsupplier · Current intraday read unavailable
Filing receipt · BXC / LPX
“With the strength of a locally focused sales force, we distribute a comprehensive range of products from suppliers that include some of the leading manufacturers in the…”
LPX · supplier
HOV
DHItext peer · Current intraday read unavailable
No filing excerpt is available for this relationship.
TOL
GRBKtext peer · Not moving with the group now
No filing excerpt is available for this relationship.
History
2026-07-24 → 2026-07-305 observed active sessions · 0% of active names held across the episode
2026-07-07 → 2026-07-179 observed active sessions · 0% of active names held across the episode
2026-06-30 → 2026-07-023 observed active sessions · 0% of active names held across the episode