Beazer Homes USA
BZH
120 hedge funds and large institutions have $302M invested in Beazer Homes USA in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 36 reducing their positions, and 27 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 36
0.12% more ownership
Funds ownership: 85.23% → 85.35% (+0.12%)
6% less funds holding
Funds holding: 128 → 120 (-8)
29% less capital invested
Capital invested by funds: $423M → $302M (-$121M)
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
89% less call options, than puts
Call options by funds: $1.88M | Put options by funds: $16.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$24.5M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$11.3M |
| 3 |
Millennium Management
New York
|
+$6.38M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.44M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$18.6M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$4.91M |
| 3 |
MCM
Matarin Capital Management
New York
|
-$4.33M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$3.41M |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$3.37M |
BZH Hedge Fund Activity: Q3 2018 in Review
120 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Beazer Homes USA (BZH) for Q3 2018, worth a combined $302M — down 29% from $423M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BZH and 19 opened new positions — a net loss of 8 holders — while 36 trimmed existing stakes and 37 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $24.5M. The largest seller was JP Morgan Chase, cutting an estimated $18.6M.
- 120 institutional investors held Beazer Homes USA (BZH) as of Q3 2018, down from 128 in Q2 2018.
- Funds reported $302M of Beazer Homes USA stock for Q3 2018, down 29% quarter-over-quarter.
- 19 funds opened new Beazer Homes USA positions in Q3 2018 and 27 closed out, a net change of -8 holders.
- The largest Beazer Homes USA buyer in Q3 2018 was Towle & Co, an estimated $24.5M added.
- The largest Beazer Homes USA seller in Q3 2018 was JP Morgan Chase, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2018.