Forestar Group
149 hedge funds and large institutions have $650M invested in Forestar Group in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 54 reducing their positions, and 16 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more capital invested
Capital invested by funds: $594M → $650M (+$55.4M)
2.02% more ownership
Funds ownership: 95.47% → 97.48% (+2%)
9% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 54
2% less funds holding
Funds holding: 152 → 149 (-3)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
93% less call options, than puts
Call options by funds: $11K | Put options by funds: $151K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$15.3M |
| 2 |
TAM
Third Avenue Management
New York
|
+$9.24M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.84M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$6.42M |
| 5 |
SA
Springowl Associates
New York
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
KeyPoint Capital Management
Dallas,
Texas
|
-$7.59M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$7.46M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$5.05M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$5.02M |
| 5 |
T
Tahithromos
New York
|
-$2.68M |
FOR Hedge Fund Activity: Q2 2014 in Review
149 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Forestar Group (FOR) for Q2 2014, worth a combined $650M — up 9.3% from $594M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FOR and 13 opened new positions — a net loss of 3 holders — while 54 trimmed existing stakes and 49 added.
The largest buyer was NWQ Investment Management Company, adding an estimated $15.3M. The largest seller was KeyPoint Capital Management, exiting entirely with an estimated $7.59M sold.
- 149 institutional investors held Forestar Group (FOR) as of Q2 2014, down from 152 in Q1 2014.
- Funds reported $650M of Forestar Group stock for Q2 2014, up 9.3% quarter-over-quarter.
- 13 funds opened new Forestar Group positions in Q2 2014 and 16 closed out, a net change of -3 holders.
- The largest Forestar Group buyer in Q2 2014 was NWQ Investment Management Company, an estimated $15.3M added.
- The largest Forestar Group seller in Q2 2014 was KeyPoint Capital Management, an estimated $7.59M sold.
Based on aggregated 13F filings for Q2 2014.