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Hovnanian Enterprises

116 hedge funds and large institutions have $86.9M invested in Hovnanian Enterprises in 2015 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 38 increasing their positions, 30 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 30

26% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 19

4% more funds holding

Funds holding: 112116 (+4)

0.29% less ownership

Funds ownership: 1.76%1.46% (-0.29%)

15% less capital invested

Capital invested by funds: $102M → $86.9M (-$15.6M)

26% less call options, than puts

Call options by funds: $2.35M | Put options by funds: $3.17M

Holders
116
Holders Change
+4
Holders Change %
+3.57%
% of All Funds
3.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
24
Increased
38
Reduced
30
Closed
19
Calls
$2.35M
Puts
$3.17M
Net Calls
-$815K
Net Calls Change
-$1.03M
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$15.4M +$1.75M +36,475 +12%
Vanguard Group
2
Vanguard Group
Pennsylvania
$10.6M -$3.1M -64,643 -22%
LM
3
Lasry Marc
$9.25M -$2.43M -50,603 -20%
TA
4
Tiptree Advisors
New York
$7.37M +$2.74M +57,086 +54%
BIT
5
BlackRock Institutional Trust
California
$5.67M +$132K +2,758 +2%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$4.71M
DS
7
Dudley & Shanley
Florida
$4.24M +$182K +3,800 +4%
State Street
8
State Street
Massachusetts
$3.31M +$13.4K +279 +0.4%
Bank of America
9
Bank of America
North Carolina
$2.91M +$36K +751 +1%
Northern Trust
10
Northern Trust
Illinois
$2.23M +$133K +2,764 +6%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$1.44M +$13.5K +282 +0.9%
GF
12
Gabelli Funds
New York
$1.36M
CC
13
CQS Cayman
Cayman Islands
$1.35M -$922K -19,222 -39%
LPL Financial
14
LPL Financial
California
$1.3M +$941K +19,624 +212%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$1.19M +$262K +5,471 +26%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$869K -$69.3K -1,445 -7%
BIM
17
BlackRock Investment Management
Delaware
$859K +$5.71K +119 +0.6%
Goldman Sachs
18
Goldman Sachs
New York
$754K +$210K +4,385 +36%
AQR Capital Management
19
AQR Capital Management
Connecticut
$724K +$126K +2,628 +20%
TCIM
20
TIAA CREF Investment Management
New York
$719K +$31.4K +654 +4%
Charles Schwab
21
Charles Schwab
California
$664K +$16.4K +343 +2%
UBS Group
22
UBS Group
Switzerland
$558K -$42.7K -890 -7%
JP Morgan Chase
23
JP Morgan Chase
New York
$481K +$510K +10,640 New
California State Teachers Retirement System (CalSTRS)
24
California State Teachers Retirement System (CalSTRS)
California
$400K +$7.43K +155 +2%
Morgan Stanley
25
Morgan Stanley
New York
$383K +$167K +3,485 +70%

HOV Hedge Fund Activity: Q4 2015 in Review

116 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q4 2015, worth a combined $86.9M — down 15% from $102M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new HOV positions and 19 closed out — a net gain of 5 holders — while 38 added to existing stakes and 30 trimmed.

The largest buyer was Tiptree Advisors, adding an estimated $2.74M. The largest seller was Citadel Advisors, cutting an estimated $6.33M.

  • 116 institutional investors held Hovnanian Enterprises (HOV) as of Q4 2015, up from 112 in Q3 2015.
  • Funds reported $86.9M of Hovnanian Enterprises stock for Q4 2015, down 15% quarter-over-quarter.
  • 24 funds opened new Hovnanian Enterprises positions in Q4 2015 and 19 closed out, a net change of +5 holders.
  • The largest Hovnanian Enterprises buyer in Q4 2015 was Tiptree Advisors, an estimated $2.74M added.
  • The largest Hovnanian Enterprises seller in Q4 2015 was Citadel Advisors, an estimated $6.33M sold.

Based on aggregated 13F filings for Q4 2015.