Hovnanian Enterprises
HOV
87 hedge funds and large institutions have $163M invested in Hovnanian Enterprises in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 27 increasing their positions, 27 reducing their positions, and 15 closing their positions.
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
53% more capital invested
Capital invested by funds: $106M → $163M (+$56.5M)
10% more funds holding
Funds holding: 79 → 87 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 27
3.98% less ownership
Funds ownership: 49.48% → 45.5% (-4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$7.89M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4M |
| 3 |
RA
Royce & Associates
New York
|
+$3.22M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
DG Capital Management
New York
|
-$9.11M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$5.15M |
| 3 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$4.58M |
| 4 |
Millennium Management
New York
|
-$3.67M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Point72 Asset Management
Stamford,
Connecticut
| – | -$28.5K | -678 | Closed |
|
102
Nisa Investment Advisors
St. Louis,
Missouri
| – | +$183 | +3 | New |
|
HOV Hedge Fund Activity: Q1 2023 in Review
87 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q1 2023, worth a combined $163M — up 53% from $106M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new HOV positions and 15 closed out — a net gain of 8 holders — while 27 added to existing stakes and 27 trimmed.
The largest buyer was GW&K Investment Management, opening a new position worth an estimated $7.89M. The largest seller was DG Capital Management, exiting entirely with an estimated $9.11M sold.
- 87 institutional investors held Hovnanian Enterprises (HOV) as of Q1 2023, up from 79 in Q4 2022.
- Funds reported $163M of Hovnanian Enterprises stock for Q1 2023, up 53% quarter-over-quarter.
- 23 funds opened new Hovnanian Enterprises positions in Q1 2023 and 15 closed out, a net change of +8 holders.
- The largest Hovnanian Enterprises buyer in Q1 2023 was GW&K Investment Management, an estimated $7.89M added.
- The largest Hovnanian Enterprises seller in Q1 2023 was DG Capital Management, an estimated $9.11M sold.
Based on aggregated 13F filings for Q1 2023.