Hovnanian Enterprises
HOV
112 hedge funds and large institutions have $210M invested in Hovnanian Enterprises in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 25 closing their positions.
817% more call options, than puts
Call options by funds: $15.3M | Put options by funds: $1.67M
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
0.07% less ownership
Funds ownership: 1.86% → 1.79% (-0.07%)
11% less funds holding
Funds holding: 126 → 112 (-14)
17% less capital invested
Capital invested by funds: $252M → $210M (-$42.5M)
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.2M |
| 2 |
Goldman Sachs
New York
|
+$2.06M |
| 3 |
Millennium Management
New York
|
+$1.81M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.52M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Wingspan Investment Management
New York
|
-$3.34M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.24M |
| 3 |
Renaissance Technologies
New York
|
-$3.11M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.02M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.82M |
HOV Hedge Fund Activity: Q1 2015 in Review
112 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q1 2015, worth a combined $210M — down 17% from $252M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of HOV and 12 opened new positions — a net loss of 13 holders — while 33 trimmed existing stakes and 37 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $6.2M. The largest seller was Wingspan Investment Management, exiting entirely with an estimated $3.34M sold.
- 112 institutional investors held Hovnanian Enterprises (HOV) as of Q1 2015, down from 126 in Q4 2014.
- Funds reported $210M of Hovnanian Enterprises stock for Q1 2015, down 17% quarter-over-quarter.
- 12 funds opened new Hovnanian Enterprises positions in Q1 2015 and 25 closed out, a net change of -13 holders.
- The largest Hovnanian Enterprises buyer in Q1 2015 was BlackRock Fund Advisors, an estimated $6.2M added.
- The largest Hovnanian Enterprises seller in Q1 2015 was Wingspan Investment Management, an estimated $3.34M sold.
Based on aggregated 13F filings for Q1 2015.