Beazer Homes USA
BZH
127 hedge funds and large institutions have $240M invested in Beazer Homes USA in 2020 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 24 closing their positions.
46% more capital invested
Capital invested by funds: $165M → $240M (+$75.2M)
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
7% more funds holding
Funds holding: 119 → 127 (+8)
4.78% less ownership
Funds ownership: 81.71% → 76.94% (-4.8%)
85% less call options, than puts
Call options by funds: $2.53M | Put options by funds: $17.2M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Angelo Gordon & Co
New York
|
+$9.26M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$2.44M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.17M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$1.76M |
| 5 |
Goldman Sachs
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
-$16.2M |
| 2 |
Millennium Management
New York
|
-$4.68M |
| 3 |
KIM
Kestrel Investment Management
San Mateo,
California
|
-$1.97M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.9M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.87M |
BZH Hedge Fund Activity: Q2 2020 in Review
127 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Beazer Homes USA (BZH) for Q2 2020, worth a combined $240M — up 46% from $165M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BZH positions and 24 closed out — a net gain of 8 holders — while 41 added to existing stakes and 37 trimmed.
The largest buyer was Angelo Gordon & Co, opening a new position worth an estimated $9.26M. The largest seller was Towle & Co, exiting entirely with an estimated $16.2M sold.
- 127 institutional investors held Beazer Homes USA (BZH) as of Q2 2020, up from 119 in Q1 2020.
- Funds reported $240M of Beazer Homes USA stock for Q2 2020, up 46% quarter-over-quarter.
- 32 funds opened new Beazer Homes USA positions in Q2 2020 and 24 closed out, a net change of +8 holders.
- The largest Beazer Homes USA buyer in Q2 2020 was Angelo Gordon & Co, an estimated $9.26M added.
- The largest Beazer Homes USA seller in Q2 2020 was Towle & Co, an estimated $16.2M sold.
Based on aggregated 13F filings for Q2 2020.