Hovnanian Enterprises
HOV
116 hedge funds and large institutions have $87M invested in Hovnanian Enterprises in 2015 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 19 closing their positions.
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
4% more funds holding
Funds holding: 112 → 116 (+4)
0.3% less ownership
Funds ownership: 1.76% → 1.46% (-0.3%)
15% less capital invested
Capital invested by funds: $103M → $87M (-$15.6M)
26% less call options, than puts
Call options by funds: $2.35M | Put options by funds: $3.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Tiptree Advisors
New York
|
+$2.74M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.75M |
| 3 |
LPL Financial
San Diego,
California
|
+$941K |
| 4 |
JP Morgan Chase
New York
|
+$510K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.33M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$5.66M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.1M |
| 4 |
LM
Lasry Marc
|
-$2.43M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.02M |
HOV Hedge Fund Activity: Q4 2015 in Review
116 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q4 2015, worth a combined $87M — down 15% from $103M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new HOV positions and 19 closed out — a net gain of 5 holders — while 37 added to existing stakes and 31 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 $87M 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.