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Hovnanian Enterprises

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.

New
Increased
Maintained
Reduced
Closed

0.16% less ownership

Funds ownership: 1.37%1.21% (-0.16%)

2% less call options, than puts

Call options by funds: $876K | Put options by funds: $897K

3% less capital invested

Capital invested by funds: $69M → $67.2M (-$1.82M)

3% less funds holding

Funds holding: 109106 (-3)

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

Holders
106
Holders Change
-3
Holders Change %
-2.75%
% of All Funds
2.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
25
Reduced
42
Closed
14
Calls
$876K
Puts
$897K
Net Calls
-$21K
Net Calls Change
-$335K
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$11.4M -$968K -23,315 -8%
LM
2
Lasry Marc
$7.61M
Vanguard Group
3
Vanguard Group
Pennsylvania
$7.46M -$121K -2,922 -2%
TA
4
Tiptree Advisors
New York
$5.86M -$965K -23,231 -14%
BIT
5
BlackRock Institutional Trust
California
$5.23M -$12.2K -294 -0.2%
DS
6
Dudley & Shanley
Florida
$4.38M +$65.1K +1,568 +2%
State Street
7
State Street
Massachusetts
$3.21M -$1.74K -42 -0.1%
Bank of America
8
Bank of America
North Carolina
$2.62M -$213K -5,122 -8%
Northern Trust
9
Northern Trust
Illinois
$2.06M -$9.34K -225 -0.5%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$1.37M +$15.6K +375 +1%
GF
11
Gabelli Funds
New York
$1.26M
TC
12
TFS Capital
Pennsylvania
$996K +$169K +4,071 +21%
BIM
13
BlackRock Investment Management
Delaware
$863K +$67.7K +1,630 +9%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$790K -$13.7K -330 -2%
TCIM
15
TIAA CREF Investment Management
New York
$663K -$3.61K -87 -0.5%
Charles Schwab
16
Charles Schwab
California
$637K +$9.18K +221 +1%
LPL Financial
17
LPL Financial
California
$617K -$596K -14,350 -50%
Citadel Advisors
18
Citadel Advisors
Florida
$544K -$82.2K -1,980 -13%
Invesco
19
Invesco
Georgia
$527K -$8.8K -212 -2%
UBS Group
20
UBS Group
Switzerland
$511K -$53K -1,276 -9%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$468K -$75.3K -1,814 -14%
California State Teachers Retirement System (CalSTRS)
22
California State Teachers Retirement System (CalSTRS)
California
$429K +$913 +22 +0.2%
Morgan Stanley
23
Morgan Stanley
New York
$360K +$8.1K +195 +2%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$343K
Swiss National Bank
25
Swiss National Bank
Switzerland
$330K

HOV Hedge Fund Activity: Q2 2016 in Review

106 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2016, worth a combined $67.2M — down 2.6% from $69M 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 2.6% 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.