Hovnanian Enterprises
HOV
112 hedge funds and large institutions have $102M invested in Hovnanian Enterprises in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 38 reducing their positions, and 19 closing their positions.
8% more call options, than puts
Call options by funds: $3.07M | Put options by funds: $2.85M
0.07% less ownership
Funds ownership: 1.83% → 1.76% (-0.07%)
2% less funds holding
Funds holding: 114 → 112 (-2)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
11% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 38
36% less capital invested
Capital invested by funds: $160M → $102M (-$57.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
TA
Tiptree Advisors
New York
|
+$5.19M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.19M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.03M |
| 4 |
BCMNY
Buckingham Capital Management (New York)
New York
|
+$1.63M |
| 5 |
AC
Alpenglow Capital
San Carlos,
California
|
+$1.3M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Nomura Holdings
Tokyo,
Japan
| – | -$19.8K | -404 | Closed |
|
127
Simplex Trading
Chicago,
Illinois
| – | -$5.89K | -120 | Closed |
|
|
SSG
128
Summit Securities Group
New York
| – | -$5K | -72 | Closed |
|
|
PSUF
129
People's United Financial
Bridgeport,
Connecticut
| – | -$3K | -40 | Closed |
|
130
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -23 | Closed |
|
HOV Hedge Fund Activity: Q3 2015 in Review
112 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q3 2015, worth a combined $102M — down 36% from $160M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HOV and 17 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 34 added.
The largest buyer was Tiptree Advisors, opening a new position worth an estimated $5.19M. The largest seller was Brookfield Corp, exiting entirely with an estimated $9.32M sold.
- 112 institutional investors held Hovnanian Enterprises (HOV) as of Q3 2015, down from 114 in Q2 2015.
- Funds reported $102M of Hovnanian Enterprises stock for Q3 2015, down 36% quarter-over-quarter.
- 17 funds opened new Hovnanian Enterprises positions in Q3 2015 and 19 closed out, a net change of -2 holders.
- The largest Hovnanian Enterprises buyer in Q3 2015 was Tiptree Advisors, an estimated $5.19M added.
- The largest Hovnanian Enterprises seller in Q3 2015 was Brookfield Corp, an estimated $9.32M sold.
Based on aggregated 13F filings for Q3 2015.