Beazer Homes USA
BZH
117 hedge funds and large institutions have $520M invested in Beazer Homes USA in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 28 reducing their positions, and 20 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 28
3.62% more ownership
Funds ownership: 98.63% → 102.25% (+3.6%)
9% more call options, than puts
Call options by funds: $32.4M | Put options by funds: $29.8M
0% more funds holding
Funds holding: 117 → 117 (0)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
15% less capital invested
Capital invested by funds: $611M → $520M (-$90.1M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$25.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$16.5M |
| 3 |
MVM
McClain Value Management
New Canaan,
Connecticut
|
+$12.5M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$10.5M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$25M |
| 2 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$20.4M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11.5M |
| 4 |
CHCM
Columbus Hill Capital Management
Short Hills,
New Jersey
|
-$8.42M |
| 5 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
-$7.12M |
BZH Hedge Fund Activity: Q1 2014 in Review
117 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Beazer Homes USA (BZH) for Q1 2014, worth a combined $520M — down 15% from $611M a quarter earlier.
Fund positioning in BZH was balanced in Q1 2014: 20 funds opened new positions, 20 closed out, 48 added to existing stakes and 28 trimmed.
The largest buyer was Invesco, adding an estimated $25.3M. The largest seller was Pine River Capital Management, exiting entirely with an estimated $25M sold.
- 117 institutional investors held Beazer Homes USA (BZH) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $520M of Beazer Homes USA stock for Q1 2014, down 15% quarter-over-quarter.
- 20 funds opened new Beazer Homes USA positions in Q1 2014 and 20 closed out, a net change of 0 holders.
- The largest Beazer Homes USA buyer in Q1 2014 was Invesco, an estimated $25.3M added.
- The largest Beazer Homes USA seller in Q1 2014 was Pine River Capital Management, an estimated $25M sold.
Based on aggregated 13F filings for Q1 2014.