Howard Hughes
235 hedge funds and large institutions have $4.5B invested in Howard Hughes in 2017 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 91 increasing their positions, 66 reducing their positions, and 19 closing their positions.
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
38% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 66
9% more capital invested
Capital invested by funds: $4.13B → $4.5B (+$373M)
5% more funds holding
Funds holding: 224 → 235 (+11)
3.34% more ownership
Funds ownership: 91.96% → 95.3% (+3.3%)
2% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $17.9M
14% less funds holding in top 10
Funds holding in top 10: 22 → 19 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
+$141M |
| 2 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$92.9M |
| 3 |
Janus Henderson Group
London,
|
+$37.4M |
| 4 |
D.E. Shaw & Co
New York
|
+$19.3M |
| 5 |
Two Sigma Investments
New York
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
C
Consulta
London,
United Kingdom
|
-$31M |
| 2 |
HK
Horizon Kinetics
New York
|
-$30.9M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$30.7M |
| 4 |
BWCA
Brenner West Capital Advisors
New York
|
-$14.1M |
| 5 |
BlackRock
New York
|
-$12.7M |
HHH Hedge Fund Activity: Q2 2017 in Review
235 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Howard Hughes (HHH) for Q2 2017, worth a combined $4.5B — up 9% from $4.13B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new HHH positions and 19 closed out — a net gain of 14 holders — while 91 added to existing stakes and 66 trimmed.
The largest buyer was Pershing Square Capital Management, adding an estimated $141M. The largest seller was Consulta, cutting an estimated $31M.
- 235 institutional investors held Howard Hughes (HHH) as of Q2 2017, up from 224 in Q1 2017.
- Funds reported $4.5B of Howard Hughes stock for Q2 2017, up 9% quarter-over-quarter.
- 33 funds opened new Howard Hughes positions in Q2 2017 and 19 closed out, a net change of +14 holders.
- The largest Howard Hughes buyer in Q2 2017 was Pershing Square Capital Management, an estimated $141M added.
- The largest Howard Hughes seller in Q2 2017 was Consulta, an estimated $31M sold.
Based on aggregated 13F filings for Q2 2017.