Hovnanian Enterprises
HOV
112 hedge funds and large institutions have $103M invested in Hovnanian Enterprises in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 38 reducing their positions, and 19 closing their positions.
8% more call options, than puts
Call options by funds: $3.07M | Put options by funds: $2.85M
0.18% less ownership
Funds ownership: 1.94% → 1.76% (-0.18%)
2% less funds holding
Funds holding: 114 → 112 (-2)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
11% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 38
39% less capital invested
Capital invested by funds: $169M → $103M (-$66.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Tiptree Advisors
New York
|
+$5.19M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.19M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.03M |
| 4 |
BCMNY
Buckingham Capital Management (New York)
New York
|
+$1.63M |
| 5 |
AC
Alpenglow Capital
San Carlos,
California
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$18.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.36M |
| 3 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$2.54M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.46M |
| 5 |
MCTP
MPAM Credit Trading Partners
Cleveland,
Ohio
|
-$931K |
HOV Hedge Fund Activity: Q3 2015 in Review
112 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q3 2015, worth a combined $103M — down 39% from $169M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HOV and 17 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 34 added.
The largest buyer was Tiptree Advisors, opening a new position worth an estimated $5.19M. The largest seller was Brookfield Corp, exiting entirely with an estimated $18.6M sold.
- 112 institutional investors held Hovnanian Enterprises (HOV) as of Q3 2015, down from 114 in Q2 2015.
- Funds reported $103M of Hovnanian Enterprises stock for Q3 2015, down 39% quarter-over-quarter.
- 17 funds opened new Hovnanian Enterprises positions in Q3 2015 and 19 closed out, a net change of -2 holders.
- The largest Hovnanian Enterprises buyer in Q3 2015 was Tiptree Advisors, an estimated $5.19M added.
- The largest Hovnanian Enterprises seller in Q3 2015 was Brookfield Corp, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2015.