Forestar Group
152 hedge funds and large institutions have $594M invested in Forestar Group in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 56 increasing their positions, 43 reducing their positions, and 17 closing their positions.
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
30% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 43
3% more funds holding
Funds holding: 148 → 152 (+4)
1.24% less ownership
Funds ownership: 96.7% → 95.47% (-1.2%)
17% less capital invested
Capital invested by funds: $715M → $594M (-$121M)
33% less call options, than puts
Call options by funds: $201K | Put options by funds: $301K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$13.4M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.82M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
+$3.33M |
| 4 |
SH
Scepter Holdings
Fort Worth,
Texas
|
+$3.08M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$17.2M |
| 2 |
FG
FSI Group
Cincinnati,
Ohio
|
-$9.88M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.08M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$6.32M |
| 5 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$2.12M |
FOR Hedge Fund Activity: Q1 2014 in Review
152 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Forestar Group (FOR) for Q1 2014, worth a combined $594M — down 17% from $715M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FOR positions and 17 closed out — a net gain of 6 holders — while 56 added to existing stakes and 43 trimmed.
The largest buyer was NWQ Investment Management Company, adding an estimated $13.4M. The largest seller was BAMCO Inc, exiting entirely with an estimated $17.2M sold.
- 152 institutional investors held Forestar Group (FOR) as of Q1 2014, up from 148 in Q4 2013.
- Funds reported $594M of Forestar Group stock for Q1 2014, down 17% quarter-over-quarter.
- 23 funds opened new Forestar Group positions in Q1 2014 and 17 closed out, a net change of +6 holders.
- The largest Forestar Group buyer in Q1 2014 was NWQ Investment Management Company, an estimated $13.4M added.
- The largest Forestar Group seller in Q1 2014 was BAMCO Inc, an estimated $17.2M sold.
Based on aggregated 13F filings for Q1 2014.