Hovnanian Enterprises
HOV
121 hedge funds and large institutions have $109M invested in Hovnanian Enterprises in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 33 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.06% less ownership
Funds ownership: 1.86% → 1.8% (-0.06%)
9% less funds holding
Funds holding: 133 → 121 (-12)
30% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 33
47% less capital invested
Capital invested by funds: $206M → $109M (-$96.3M)
61% less call options, than puts
Call options by funds: $196K | Put options by funds: $503K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$3.29M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.73M |
| 3 |
AMH
Apollo Management Holdings
New York
|
+$2.31M |
| 4 |
MAMNY
Marathon Asset Management (New York)
New York
|
+$2.31M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$7.97M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$2.81M |
| 3 |
VF
Virtu Financial
New York
|
-$1.58M |
| 4 |
Two Sigma Investments
New York
|
-$1.37M |
| 5 |
TA
Tiptree Advisors
New York
|
-$1.35M |
HOV Hedge Fund Activity: Q1 2018 in Review
121 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q1 2018, worth a combined $109M — down 47% from $206M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of HOV and 23 opened new positions — a net loss of 10 holders — while 33 trimmed existing stakes and 36 added.
The largest buyer was New Generation Advisors, opening a new position worth an estimated $3.29M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $7.97M sold.
- 121 institutional investors held Hovnanian Enterprises (HOV) as of Q1 2018, down from 133 in Q4 2017.
- Funds reported $109M of Hovnanian Enterprises stock for Q1 2018, down 47% quarter-over-quarter.
- 23 funds opened new Hovnanian Enterprises positions in Q1 2018 and 33 closed out, a net change of -10 holders.
- The largest Hovnanian Enterprises buyer in Q1 2018 was New Generation Advisors, an estimated $3.29M added.
- The largest Hovnanian Enterprises seller in Q1 2018 was Anchorage Capital Group, an estimated $7.97M sold.
Based on aggregated 13F filings for Q1 2018.