Howard Hughes
215 hedge funds and large institutions have $3.59B invested in Howard Hughes in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 73 increasing their positions, 73 reducing their positions, and 20 closing their positions.
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
5% more funds holding
Funds holding: 204 → 215 (+11)
0% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 73
2% less capital invested
Capital invested by funds: $3.66B → $3.59B (-$67.5M)
1.98% less ownership
Funds ownership: 86.63% → 84.65% (-2%)
5% less funds holding in top 10
Funds holding in top 10: 21 → 20 (-1)
50% less call options, than puts
Call options by funds: $16.7M | Put options by funds: $33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
+$20.4M |
| 2 |
GA
GRS Advisors
Chicago,
Illinois
|
+$16.8M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$10.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.63M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$43.8M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$29.5M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$22.4M |
| 4 |
CANY
Caxton Associates (New York)
New York
|
-$14.9M |
| 5 |
HK
Horizon Kinetics
New York
|
-$14.9M |
HHH Hedge Fund Activity: Q3 2013 in Review
215 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Howard Hughes (HHH) for Q3 2013, worth a combined $3.59B — down 1.8% from $3.66B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new HHH positions and 20 closed out — a net gain of 12 holders — while 73 added to existing stakes and 73 trimmed.
The largest buyer was St. Denis J. Villere & Co, adding an estimated $20.4M. The largest seller was Commerzbank Aktiengesellschaft, exiting entirely with an estimated $43.8M sold.
- 215 institutional investors held Howard Hughes (HHH) as of Q3 2013, up from 204 in Q2 2013.
- Funds reported $3.59B of Howard Hughes stock for Q3 2013, down 1.8% quarter-over-quarter.
- 32 funds opened new Howard Hughes positions in Q3 2013 and 20 closed out, a net change of +12 holders.
- The largest Howard Hughes buyer in Q3 2013 was St. Denis J. Villere & Co, an estimated $20.4M added.
- The largest Howard Hughes seller in Q3 2013 was Commerzbank Aktiengesellschaft, an estimated $43.8M sold.
Based on aggregated 13F filings for Q3 2013.