Hovnanian Enterprises
HOV
162 hedge funds and large institutions have $456M invested in Hovnanian Enterprises in 2024 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 57 reducing their positions, and 27 closing their positions.
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
9% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 57
2% less funds holding
Funds holding: 165 → 162 (-3)
4.1% less ownership
Funds ownership: 67.96% → 63.87% (-4.1%)
38% less capital invested
Capital invested by funds: $740M → $456M (-$284M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$13.4M |
| 2 |
FCM
Forager Capital Management
Birmingham,
Alabama
|
+$12.6M |
| 3 |
BlackRock
New York
|
+$11.4M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$3.71M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$17.4M |
| 2 |
BCM
Brightline Capital Management
Miami,
Florida
|
-$16.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$12.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.35M |
| 5 |
AC
AWH Capital
Dallas,
Texas
|
-$7.43M |
HOV Hedge Fund Activity: Q4 2024 in Review
162 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q4 2024, worth a combined $456M — down 38% from $740M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of HOV and 26 opened new positions — a net loss of 1 holder — while 57 trimmed existing stakes and 52 added.
The largest buyer was Intrinsic Edge Capital Management, adding an estimated $13.4M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $17.4M sold.
- 162 institutional investors held Hovnanian Enterprises (HOV) as of Q4 2024, down from 165 in Q3 2024.
- Funds reported $456M of Hovnanian Enterprises stock for Q4 2024, down 38% quarter-over-quarter.
- 26 funds opened new Hovnanian Enterprises positions in Q4 2024 and 27 closed out, a net change of -1 holder.
- The largest Hovnanian Enterprises buyer in Q4 2024 was Intrinsic Edge Capital Management, an estimated $13.4M added.
- The largest Hovnanian Enterprises seller in Q4 2024 was Philadelphia Financial Management of San Francisco, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2024.