Hovnanian Enterprises
HOV
106 hedge funds and large institutions have $67.2M invested in Hovnanian Enterprises in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 42 reducing their positions, and 14 closing their positions.
2% less call options, than puts
Call options by funds: $876K | Put options by funds: $897K
3% less funds holding
Funds holding: 109 → 106 (-3)
4.11% less ownership
Funds ownership: 36.23% → 32.12% (-4.1%)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
40% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 42
85% less capital inflows, than outflows
Capital inflows: $1.39M | Capital outflows: $9.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFMG Wealth Advisors
Plano,
Texas
|
+$216K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$169K |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
+$121K |
| 4 |
Tower Research Capital (TRC)
New York
|
+$79.6K |
| 5 |
BlackRock Investment Management
Wilmington,
Delaware
|
+$67.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.06M |
| 2 |
BlackRock Fund Advisors
San Francisco,
California
|
-$968K |
| 3 |
TA
Tiptree Advisors
New York
|
-$965K |
| 4 |
LPL Financial
San Diego,
California
|
-$596K |
| 5 |
Nationwide Fund Advisors
Columbus,
Ohio
|
-$342K |
HOV Hedge Fund Activity: Q2 2016 in Review
106 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2016, worth a combined $67.2M — down 4.4% from $70.3M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of HOV and 12 opened new positions — a net loss of 2 holders — while 42 trimmed existing stakes and 25 added.
The largest buyer was SFMG Wealth Advisors, opening a new position worth an estimated $216K. The largest seller was Fidelity Investments, exiting entirely with an estimated $4.06M sold.
- 106 institutional investors held Hovnanian Enterprises (HOV) as of Q2 2016, down from 109 in Q1 2016.
- Funds reported $67.2M of Hovnanian Enterprises stock for Q2 2016, down 4.4% quarter-over-quarter.
- 12 funds opened new Hovnanian Enterprises positions in Q2 2016 and 14 closed out, a net change of -2 holders.
- The largest Hovnanian Enterprises buyer in Q2 2016 was SFMG Wealth Advisors, an estimated $216K added.
- The largest Hovnanian Enterprises seller in Q2 2016 was Fidelity Investments, an estimated $4.06M sold.
Based on aggregated 13F filings for Q2 2016.