Beazer Homes USA
BZH
116 hedge funds and large institutions have $450M invested in Beazer Homes USA in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 45 reducing their positions, and 16 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
39% more call options, than puts
Call options by funds: $46.9M | Put options by funds: $33.6M
4% more capital invested
Capital invested by funds: $433M → $450M (+$16.4M)
1% more ownership
Funds ownership: 98.57% → 99.57% (+1%)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
9% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 45
2% less funds holding
Funds holding: 118 → 116 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
+$17.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.06M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$8.86M |
| 4 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$8.7M |
| 5 |
MCM
Montibus Capital Management
Portland,
Oregon
|
+$8.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$21.6M |
| 2 |
BCM
Brigade Capital Management
New York
|
-$8.76M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$6.46M |
| 4 |
Blackstone Inc
New York
|
-$5.34M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.91M |
BZH Hedge Fund Activity: Q3 2013 in Review
116 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Beazer Homes USA (BZH) for Q3 2013, worth a combined $450M — up 3.8% from $433M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BZH and 15 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 41 added.
The largest buyer was Alden Global Capital (Jersey), opening a new position worth an estimated $17.6M. The largest seller was Citadel Advisors, cutting an estimated $21.6M.
- 116 institutional investors held Beazer Homes USA (BZH) as of Q3 2013, down from 118 in Q2 2013.
- Funds reported $450M of Beazer Homes USA stock for Q3 2013, up 3.8% quarter-over-quarter.
- 15 funds opened new Beazer Homes USA positions in Q3 2013 and 16 closed out, a net change of -1 holder.
- The largest Beazer Homes USA buyer in Q3 2013 was Alden Global Capital (Jersey), an estimated $17.6M added.
- The largest Beazer Homes USA seller in Q3 2013 was Citadel Advisors, an estimated $21.6M sold.
Based on aggregated 13F filings for Q3 2013.