BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT
BZT
BZT was delisted on the 14th of July, 2015.
19 hedge funds and large institutions have $111M invested in BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 5 closing their positions.
17% less funds holding
Funds holding: 23 → 19 (-4)
26% less capital invested
Capital invested by funds: $151M → $111M (-$39.8M)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $76K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$14.2M |
| 2 |
SC
Sculptor Capital
New York
|
+$6.36M |
| 3 |
O
OppenheimerFunds
New York
|
+$837K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$720K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$14.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.36M |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$5.08M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.01M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$2.99M |
BZT Hedge Fund Activity: Q1 2014 in Review
19 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT (BZT) for Q1 2014, worth a combined $111M — down 26% from $151M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BZT and 1 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $14.2M. The largest seller was UBS O'Connor, cutting an estimated $14.2M.
- 19 institutional investors held BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT (BZT) as of Q1 2014, down from 23 in Q4 2013.
- Funds reported $111M of BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT stock for Q1 2014, down 26% quarter-over-quarter.
- 1 fund opened new BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT positions in Q1 2014 and 5 closed out, a net change of -4 holders.
- The largest BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT buyer in Q1 2014 was Credit Suisse, an estimated $14.2M added.
- The largest BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT seller in Q1 2014 was UBS O'Connor, an estimated $14.2M sold.
Based on aggregated 13F filings for Q1 2014.