Hovnanian Enterprises
HOV
121 hedge funds and large institutions have $685M invested in Hovnanian Enterprises in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 31 reducing their positions, and 25 closing their positions.
135% more call options, than puts
Call options by funds: $26.9M | Put options by funds: $11.4M
42% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 31
0.04% more ownership
Funds ownership: 1.86% → 1.91% (+0.04%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $718M → $685M (-$32.8M)
10% less funds holding
Funds holding: 135 → 121 (-14)
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Lasry Marc
|
+$17.5M |
| 2 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
+$4.28M |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$2.61M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
+$2.09M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$6.2M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$5.6M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$4.89M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$2.91M |
| 5 |
BCM
Brigade Capital Management
New York
|
-$2.75M |
HOV Hedge Fund Activity: Q3 2013 in Review
121 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q3 2013, worth a combined $685M — down 4.6% from $718M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of HOV and 14 opened new positions — a net loss of 11 holders — while 31 trimmed existing stakes and 44 added.
The largest buyer was Lasry Marc, opening a new position worth an estimated $17.5M. The largest seller was Next Century Growth Investors, exiting entirely with an estimated $6.2M sold.
- 121 institutional investors held Hovnanian Enterprises (HOV) as of Q3 2013, down from 135 in Q2 2013.
- Funds reported $685M of Hovnanian Enterprises stock for Q3 2013, down 4.6% quarter-over-quarter.
- 14 funds opened new Hovnanian Enterprises positions in Q3 2013 and 25 closed out, a net change of -11 holders.
- The largest Hovnanian Enterprises buyer in Q3 2013 was Lasry Marc, an estimated $17.5M added.
- The largest Hovnanian Enterprises seller in Q3 2013 was Next Century Growth Investors, an estimated $6.2M sold.
Based on aggregated 13F filings for Q3 2013.