Hovnanian Enterprises
HOV
148 hedge funds and large institutions have $485M invested in Hovnanian Enterprises in 2024 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 41 increasing their positions, 50 reducing their positions, and 23 closing their positions.
52% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 23
8% more funds holding
Funds holding: 137 → 148 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $493M → $485M (-$7.6M)
1.4% less ownership
Funds ownership: 59.17% → 57.78% (-1.4%)
18% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brightline Capital Management
Miami,
Florida
|
+$6.95M |
| 2 |
Goldman Sachs
New York
|
+$6.35M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$4.19M |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
+$3.95M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$18.4M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$4.06M |
| 3 |
Millennium Management
New York
|
-$3.96M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.69M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$3.27M |
HOV Hedge Fund Activity: Q1 2024 in Review
148 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q1 2024, worth a combined $485M — down 1.5% from $493M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new HOV positions and 23 closed out — a net gain of 12 holders — while 41 added to existing stakes and 50 trimmed.
The largest buyer was Brightline Capital Management, opening a new position worth an estimated $6.95M. The largest seller was Morgan Stanley, cutting an estimated $18.4M.
- 148 institutional investors held Hovnanian Enterprises (HOV) as of Q1 2024, up from 137 in Q4 2023.
- Funds reported $485M of Hovnanian Enterprises stock for Q1 2024, down 1.5% quarter-over-quarter.
- 35 funds opened new Hovnanian Enterprises positions in Q1 2024 and 23 closed out, a net change of +12 holders.
- The largest Hovnanian Enterprises buyer in Q1 2024 was Brightline Capital Management, an estimated $6.95M added.
- The largest Hovnanian Enterprises seller in Q1 2024 was Morgan Stanley, an estimated $18.4M sold.
Based on aggregated 13F filings for Q1 2024.