Century Communities
123 hedge funds and large institutions have $686M invested in Century Communities in 2019 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
45% more capital invested
Capital invested by funds: $473M → $686M (+$213M)
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
8% more funds holding
Funds holding: 114 → 123 (+9)
5.38% more ownership
Funds ownership: 90.02% → 95.4% (+5.4%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
81% less call options, than puts
Call options by funds: $1.05M | Put options by funds: $5.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$39.6M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$12.7M |
| 3 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$10.7M |
| 4 |
BlackRock
New York
|
+$9.42M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shoals Capital Management
Arlington,
Virginia
|
-$14.7M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$9.82M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$9.77M |
| 4 |
Morgan Stanley
New York
|
-$7.82M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$7.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CM
126
Caption Management
Oklahoma City,
Oklahoma
| – | -$345K | -20,000 | Closed |
|
127
LSV Asset Management
Chicago,
Illinois
| – | -$338K | -19,600 | Closed |
|
128
Prudential Financial
Newark,
New Jersey
| – | -$329K | -19,065 | Closed |
|
|
MSE
129
MUFG Securities EMEA
London,
United Kingdom
| – | -$221K | -12,800 | Closed |
|
|
QT
130
Quantamental Technologies
White Plains,
New York
| – | -$136K | -7,878 | Closed |
|
|
S
131
SignatureFD
Atlanta,
Georgia
| – | -$35K | -2,000 | Closed |
|
|
CG
132
Cutler Group
San Francisco,
California
| – | -$17K | -1,000 | Closed |
|
|
PRC
133
Pearl River Capital
Niles,
Michigan
| – | -$2K | -100 | Closed |
|
|
IA
134
IFP Advisors
Tampa,
Florida
| – | -$1K | -58 | Closed |
|
|
AIA
135
Alera Investment Advisors
Deerfield,
Illinois
| – | +$341 | +15 | New |
|
CCS Hedge Fund Activity: Q1 2019 in Review
123 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Century Communities (CCS) for Q1 2019, worth a combined $686M — up 45% from $473M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CCS positions and 15 closed out — a net gain of 9 holders — while 41 added to existing stakes and 37 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $39.6M. The largest seller was Shoals Capital Management, cutting an estimated $14.7M.
- 123 institutional investors held Century Communities (CCS) as of Q1 2019, up from 114 in Q4 2018.
- Funds reported $686M of Century Communities stock for Q1 2019, up 45% quarter-over-quarter.
- 24 funds opened new Century Communities positions in Q1 2019 and 15 closed out, a net change of +9 holders.
- The largest Century Communities buyer in Q1 2019 was Wellington Management Group, an estimated $39.6M added.
- The largest Century Communities seller in Q1 2019 was Shoals Capital Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2019.