Century Communities
152 hedge funds and large institutions have $463M invested in Century Communities in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 43 reducing their positions, and 45 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 43
1% more call options, than puts
Call options by funds: $1.57M | Put options by funds: $1.56M
3.32% less ownership
Funds ownership: 99.55% → 96.23% (-3.3%)
12% less funds holding
Funds holding: 172 → 152 (-20)
42% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 45
45% less capital invested
Capital invested by funds: $850M → $463M (-$387M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$32.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.1M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$18.4M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$12.3M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$12.7M |
| 2 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$11.4M |
| 3 |
Bank of New York Mellon
New York
|
-$10.4M |
| 4 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$10.3M |
| 5 |
BCM
Basswood Capital Management
New York
|
-$8.61M |
CCS Hedge Fund Activity: Q1 2020 in Review
152 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Century Communities (CCS) for Q1 2020, worth a combined $463M — down 45% from $850M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CCS and 26 opened new positions — a net loss of 19 holders — while 43 trimmed existing stakes and 67 added.
The largest buyer was Victory Capital Management, adding an estimated $32.1M. The largest seller was Hodges Capital Management, cutting an estimated $12.7M.
- 152 institutional investors held Century Communities (CCS) as of Q1 2020, down from 172 in Q4 2019.
- Funds reported $463M of Century Communities stock for Q1 2020, down 45% quarter-over-quarter.
- 26 funds opened new Century Communities positions in Q1 2020 and 45 closed out, a net change of -19 holders.
- The largest Century Communities buyer in Q1 2020 was Victory Capital Management, an estimated $32.1M added.
- The largest Century Communities seller in Q1 2020 was Hodges Capital Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2020.