Hovnanian Enterprises
HOV
117 hedge funds and large institutions have $1.41B invested in Hovnanian Enterprises in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 25 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
0.33% more ownership
Funds ownership: 1.83% → 2.16% (+0.33%)
3% less funds holding
Funds holding: 121 → 117 (-4)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
31% less capital invested
Capital invested by funds: $2.05B → $1.41B (-$642M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
61% less call options, than puts
Call options by funds: $9.28M | Put options by funds: $23.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$51.1M |
| 2 |
AIM
Assured Investment Management
New York
|
+$9.17M |
| 3 |
RA
Royce & Associates
New York
|
+$8.67M |
| 4 |
ACG
Anchorage Capital Group
New York
|
+$8.48M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$4.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$5.68M |
| 2 |
GF
Gerry Farber
New York
|
-$4.98M |
| 3 |
Millennium Management
New York
|
-$4.67M |
| 4 |
Two Sigma Investments
New York
|
-$3.3M |
| 5 |
JG
Jefferies Group
New York
|
-$2.63M |
HOV Hedge Fund Activity: Q1 2014 in Review
117 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q1 2014, worth a combined $1.41B — down 31% from $2.05B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of HOV and 22 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 40 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $51.1M. The largest seller was Barclays, cutting an estimated $5.68M.
- 117 institutional investors held Hovnanian Enterprises (HOV) as of Q1 2014, down from 121 in Q4 2013.
- Funds reported $1.41B of Hovnanian Enterprises stock for Q1 2014, down 31% quarter-over-quarter.
- 22 funds opened new Hovnanian Enterprises positions in Q1 2014 and 25 closed out, a net change of -3 holders.
- The largest Hovnanian Enterprises buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $51.1M added.
- The largest Hovnanian Enterprises seller in Q1 2014 was Barclays, an estimated $5.68M sold.
Based on aggregated 13F filings for Q1 2014.