Hovnanian Enterprises
HOV
126 hedge funds and large institutions have $252M invested in Hovnanian Enterprises in 2014 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 14 closing their positions.
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
91% more call options, than puts
Call options by funds: $34.2M | Put options by funds: $17.9M
14% more capital invested
Capital invested by funds: $220M → $252M (+$31.8M)
13% more funds holding
Funds holding: 112 → 126 (+14)
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
0.03% more ownership
Funds ownership: 1.83% → 1.86% (+0.03%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$5.11M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.35M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.59M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.34M |
| 5 |
Goldman Sachs
New York
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$6.43M |
| 2 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
-$4.93M |
| 3 |
BCM
Brigade Capital Management
New York
|
-$3.3M |
| 4 |
Morgan Stanley
New York
|
-$2.52M |
| 5 |
FRM
Fore Research & Management
New York
|
-$1.83M |
HOV Hedge Fund Activity: Q4 2014 in Review
126 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q4 2014, worth a combined $252M — up 14% from $220M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new HOV positions and 14 closed out — a net gain of 15 holders — while 37 added to existing stakes and 33 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $5.11M. The largest seller was Putnam Investments, exiting entirely with an estimated $6.43M sold.
- 126 institutional investors held Hovnanian Enterprises (HOV) as of Q4 2014, up from 112 in Q3 2014.
- Funds reported $252M of Hovnanian Enterprises stock for Q4 2014, up 14% quarter-over-quarter.
- 29 funds opened new Hovnanian Enterprises positions in Q4 2014 and 14 closed out, a net change of +15 holders.
- The largest Hovnanian Enterprises buyer in Q4 2014 was Renaissance Technologies, an estimated $5.11M added.
- The largest Hovnanian Enterprises seller in Q4 2014 was Putnam Investments, an estimated $6.43M sold.
Based on aggregated 13F filings for Q4 2014.