Hovnanian Enterprises
HOV
112 hedge funds and large institutions have $220M invested in Hovnanian Enterprises in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 43 increasing their positions, 33 reducing their positions, and 11 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 33
0.09% less ownership
Funds ownership: 1.93% → 1.83% (-0.09%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 114 → 112 (-2)
32% less capital invested
Capital invested by funds: $325M → $220M (-$104M)
45% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $18.9M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.87M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.99M |
| 3 |
Morgan Stanley
New York
|
+$1.97M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$1.84M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.84M |
Top Sellers
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$7.73M |
| 2 |
RA
Royce & Associates
New York
|
-$6.29M |
| 3 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
-$5.15M |
| 4 |
D.E. Shaw & Co
New York
|
-$4.16M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.48M |
HOV Hedge Fund Activity: Q3 2014 in Review
112 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q3 2014, worth a combined $220M — down 32% from $325M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HOV and 10 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 43 added.
The largest buyer was Citadel Advisors, adding an estimated $2.87M. The largest seller was BlackRock Fund Advisors, cutting an estimated $7.73M.
- 112 institutional investors held Hovnanian Enterprises (HOV) as of Q3 2014, down from 114 in Q2 2014.
- Funds reported $220M of Hovnanian Enterprises stock for Q3 2014, down 32% quarter-over-quarter.
- 10 funds opened new Hovnanian Enterprises positions in Q3 2014 and 11 closed out, a net change of -1 holder.
- The largest Hovnanian Enterprises buyer in Q3 2014 was Citadel Advisors, an estimated $2.87M added.
- The largest Hovnanian Enterprises seller in Q3 2014 was BlackRock Fund Advisors, an estimated $7.73M sold.
Based on aggregated 13F filings for Q3 2014.