Rafferty Asset Management Boosts Stake in UFP Industries

The institutional investor increased its holdings in the construction company by over 100% in the third quarter.

Published on Mar. 4, 2026

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Rafferty Asset Management LLC increased its stake in UFP Industries, Inc. (NASDAQ:UFPI) by 112.1% in the third quarter, according to the company's latest 13F filing with the Securities and Exchange Commission. The institutional investor now owns 47,356 shares of the construction company's stock, valued at around $4.4 million.

Why it matters

This filing provides insight into the investment strategy and portfolio changes of Rafferty Asset Management, a prominent institutional investor. The significant increase in their UFP Industries holdings suggests they see growth potential in the construction company.

The details

According to the 13F filing, Rafferty Asset Management acquired an additional 25,027 shares of UFP Industries during the third quarter, bringing their total position to 47,356 shares. UFP Industries is a manufacturer and distributor of wood and wood-alternative products, serving both professional contractors and do-it-yourself consumers.

  • The 13F filing covers the third quarter of 2026.

The players

Rafferty Asset Management LLC

An institutional investment firm that manages a portfolio of stocks, bonds, and other assets on behalf of its clients.

UFP Industries, Inc.

A construction company that designs, manufactures, and distributes a broad range of wood and wood-alternative products, including treated and untreated lumber, engineered wood, decking, railing, fencing, and custom-designed packaging solutions.

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The takeaway

The significant increase in Rafferty Asset Management's stake in UFP Industries suggests the institutional investor sees strong growth potential in the construction company, which could signal positive future performance for the stock.