Howard Hughes
245 hedge funds and large institutions have $3.56B invested in Howard Hughes in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 90 increasing their positions, 84 reducing their positions, and 53 closing their positions.
39% more call options, than puts
Call options by funds: $7.47M | Put options by funds: $5.36M
7% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 84
0.45% less ownership
Funds ownership: 89.83% → 89.38% (-0.45%)
6% less funds holding in top 10
Funds holding in top 10: 17 → 16 (-1)
8% less funds holding
Funds holding: 266 → 245 (-21)
22% less capital invested
Capital invested by funds: $4.58B → $3.56B (-$1.03B)
38% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$21.7M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$18.5M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$18.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.7M |
| 5 |
SM
Senvest Management
New York
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
-$98.2M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$43.5M |
| 3 |
HK
Horizon Kinetics
New York
|
-$18.5M |
| 4 |
1M
13D Management
New York
|
-$17.3M |
| 5 |
GJCM
Grand Jean Capital Management
San Francisco,
California
|
-$12.8M |
HHH Hedge Fund Activity: Q4 2018 in Review
245 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Howard Hughes (HHH) for Q4 2018, worth a combined $3.56B — down 22% from $4.58B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of HHH and 33 opened new positions — a net loss of 20 holders — while 84 trimmed existing stakes and 90 added.
The largest buyer was Principal Financial Group, adding an estimated $21.7M. The largest seller was Pershing Square Capital Management, cutting an estimated $98.2M.
- 245 institutional investors held Howard Hughes (HHH) as of Q4 2018, down from 266 in Q3 2018.
- Funds reported $3.56B of Howard Hughes stock for Q4 2018, down 22% quarter-over-quarter.
- 33 funds opened new Howard Hughes positions in Q4 2018 and 53 closed out, a net change of -20 holders.
- The largest Howard Hughes buyer in Q4 2018 was Principal Financial Group, an estimated $21.7M added.
- The largest Howard Hughes seller in Q4 2018 was Pershing Square Capital Management, an estimated $98.2M sold.
Based on aggregated 13F filings for Q4 2018.