Howard Hughes
223 hedge funds and large institutions have $2.54B invested in Howard Hughes in 2020 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 90 increasing their positions, 79 reducing their positions, and 66 closing their positions.
29.3% more ownership
Funds ownership: 93.95% → 123.25% (+29%)
14% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 79
15% less funds holding
Funds holding: 263 → 223 (-40)
48% less capital invested
Capital invested by funds: $4.91B → $2.54B (-$2.37B)
53% less funds holding in top 10
Funds holding in top 10: 17 → 8 (-9)
55% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 66
63% less call options, than puts
Call options by funds: $4.06M | Put options by funds: $10.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
+$1.05B |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$184M |
| 3 |
BlackRock
New York
|
+$39.1M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$28.3M |
| 5 |
SM
Senvest Management
New York
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$115M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$22.8M |
| 3 |
Jennison Associates
New York
|
-$20.5M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$19.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$19.4M |
HHH Hedge Fund Activity: Q1 2020 in Review
223 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Howard Hughes (HHH) for Q1 2020, worth a combined $2.54B — down 48% from $4.91B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of HHH and 30 opened new positions — a net loss of 36 holders — while 79 trimmed existing stakes and 90 added.
The largest buyer was Pershing Square Capital Management, adding an estimated $1.05B. The largest seller was Parnassus Investments, exiting entirely with an estimated $115M sold.
- 223 institutional investors held Howard Hughes (HHH) as of Q1 2020, down from 263 in Q4 2019.
- Funds reported $2.54B of Howard Hughes stock for Q1 2020, down 48% quarter-over-quarter.
- 30 funds opened new Howard Hughes positions in Q1 2020 and 66 closed out, a net change of -36 holders.
- The largest Howard Hughes buyer in Q1 2020 was Pershing Square Capital Management, an estimated $1.05B added.
- The largest Howard Hughes seller in Q1 2020 was Parnassus Investments, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2020.