Hovnanian Enterprises
HOV
104 hedge funds and large institutions have $264M invested in Hovnanian Enterprises in 2023 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
62% more capital invested
Capital invested by funds: $163M → $264M (+$101M)
20% more funds holding
Funds holding: 87 → 104 (+17)
4.91% more ownership
Funds ownership: 45.5% → 50.41% (+4.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$3.18M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.84M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.51M |
| 4 |
BlackRock
New York
|
+$2.47M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.12M |
| 2 |
Two Sigma Investments
New York
|
-$1.41M |
| 3 |
Morgan Stanley
New York
|
-$1.37M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$1.27M |
| 5 |
Walleye Capital
New York
|
-$968K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | +$1.24K | +15 | New |
|
102
Nisa Investment Advisors
St. Louis,
Missouri
| $298 | – | – | – |
|
|
SS
103
Sunbelt Securities
Houston,
Texas
| $99 | – | – | – |
|
|
HNB
104
Huntington National Bank
Columbus,
Ohio
| $1 | – | – | – |
|
|
105
Millennium Management
New York
| – | -$2.12M | -31,252 | Closed |
|
|
106
Walleye Capital
New York
| – | -$968K | -14,273 | Closed |
|
|
SGI
107
Summit Global Investments
Bountiful,
Utah
| – | -$631K | -9,300 | Closed |
|
|
HF
108
HRT Financial
New York
| – | -$430K | -6,343 | Closed |
|
|
BAM
109
Belpointe Asset Management
Reno,
Nevada
| – | -$360K | -5,310 | Closed |
|
|
AG
110
Algert Global
San Francisco,
California
| – | -$229K | -3,380 | Closed |
|
111
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$216K | -3,183 | Closed |
|
|
CFGS
112
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$10.7K | -130 | Closed |
|
HOV Hedge Fund Activity: Q2 2023 in Review
104 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2023, worth a combined $264M — up 62% from $163M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new HOV positions and 8 closed out — a net gain of 17 holders — while 31 added to existing stakes and 34 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $3.18M. The largest seller was Millennium Management, exiting entirely with an estimated $2.12M sold.
- 104 institutional investors held Hovnanian Enterprises (HOV) as of Q2 2023, up from 87 in Q1 2023.
- Funds reported $264M of Hovnanian Enterprises stock for Q2 2023, up 62% quarter-over-quarter.
- 25 funds opened new Hovnanian Enterprises positions in Q2 2023 and 8 closed out, a net change of +17 holders.
- The largest Hovnanian Enterprises buyer in Q2 2023 was Bridgeway Capital Management, an estimated $3.18M added.
- The largest Hovnanian Enterprises seller in Q2 2023 was Millennium Management, an estimated $2.12M sold.
Based on aggregated 13F filings for Q2 2023.