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BZT

BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT

Delisted

BZT was delisted on the 14th of July, 2015.

19 hedge funds and large institutions have $96.7M invested in BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 4

2% less capital invested

Capital invested by funds: $98.3M → $96.7M (-$1.64M)

5% less funds holding

Funds holding: 2019 (-1)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

Holders
19
Holders Change
-1
Holders Change %
-5%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
6
Reduced
4
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
O
1
OppenheimerFunds
New York
$48.2M +$2.57M +97,400 +6%
CS
2
Credit Suisse
Switzerland
$14.7M +$1.77M +67,228 +14%
American Century Companies
3
American Century Companies
Missouri
$8.24M -$729K -27,629 -8%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$5.48M
SC
5
Sculptor Capital
New York
$5.46M +$659K +25,000 +14%
WAM
6
Wolverine Asset Management
Illinois
$4.87M +$4.63M +175,689 +3,798%
AA
7
AQR Arbitrage
Connecticut
$4.07M +$3.96M +150,000 New
NIP
8
Nicholas Investment Partners
California
$2.69M
UBS Group
9
UBS Group
Switzerland
$688K -$26.4K -1,000 -4%
VOAM
10
Vertex One Asset Management
British Columbia, Canada
$686K
SAM
11
Shikiar Asset Management
New York
$664K -$5.28K -200 -0.8%
RJA
12
Raymond James & Associates
Florida
$661K +$83.1K +3,150 +15%
SEI Investments
13
SEI Investments
Pennsylvania
$124K
Deutsche Bank
14
Deutsche Bank
Germany
$76K
Citigroup
15
Citigroup
New York
$20K -$320K -12,147 -94%
ES
16
Equitec Specialists
Illinois
$13K +$13.1K +497 +24,850%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$11K +$11.2K +425 New
TRCT
18
Tower Research Capital (TRC)
New York
$4K +$4.27K +162 New
Bank of America
19
Bank of America
North Carolina
$1K
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$8.75K -294,755 Closed
AQR Capital Management
21
AQR Capital Management
Connecticut
-$4.46M -150,000 Closed
GBM
22
Grace Brothers Management
Illinois
-$1.19M -40,000 Closed
JP Morgan Chase
23
JP Morgan Chase
New York
-$291K -9,810 Closed

BZT Hedge Fund Activity: Q1 2015 in Review

19 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT (BZT) for Q1 2015, worth a combined $96.7M — down 1.7% from $98.3M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of BZT and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 6 added.

The largest buyer was Wolverine Asset Management, adding an estimated $4.63M. The largest seller was AQR Capital Management, exiting entirely with an estimated $4.46M sold.

  • 19 institutional investors held BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT (BZT) as of Q1 2015, down from 20 in Q4 2014.
  • Funds reported $96.7M of BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT stock for Q1 2015, down 1.7% quarter-over-quarter.
  • 3 funds opened new BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT positions in Q1 2015 and 4 closed out, a net change of -1 holder.
  • The largest BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT buyer in Q1 2015 was Wolverine Asset Management, an estimated $4.63M added.
  • The largest BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT seller in Q1 2015 was AQR Capital Management, an estimated $4.46M sold.

Based on aggregated 13F filings for Q1 2015.