Hovnanian Enterprises
HOV
121 hedge funds and large institutions have $100M invested in Hovnanian Enterprises in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 26 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
69% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 26
3% more funds holding
Funds holding: 117 → 121 (+4)
0.15% more ownership
Funds ownership: 1.19% → 1.34% (+0.15%)
7% less capital invested
Capital invested by funds: $108M → $100M (-$7.09M)
58% less call options, than puts
Call options by funds: $415K | Put options by funds: $996K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$25M |
| 2 |
Renaissance Technologies
New York
|
+$5.23M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.25M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.2M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.74M |
| 2 |
Millennium Management
New York
|
-$1.63M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.08M |
| 4 |
JP Morgan Chase
New York
|
-$841K |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$817K |
HOV Hedge Fund Activity: Q1 2017 in Review
121 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q1 2017, worth a combined $100M — down 6.6% from $108M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new HOV positions and 14 closed out — a net gain of 10 holders — while 44 added to existing stakes and 26 trimmed.
The largest buyer was BlackRock, adding an estimated $25M. The largest seller was TFS Capital, exiting entirely with an estimated $1.74M sold.
- 121 institutional investors held Hovnanian Enterprises (HOV) as of Q1 2017, up from 117 in Q4 2016.
- Funds reported $100M of Hovnanian Enterprises stock for Q1 2017, down 6.6% quarter-over-quarter.
- 24 funds opened new Hovnanian Enterprises positions in Q1 2017 and 14 closed out, a net change of +10 holders.
- The largest Hovnanian Enterprises buyer in Q1 2017 was BlackRock, an estimated $25M added.
- The largest Hovnanian Enterprises seller in Q1 2017 was TFS Capital, an estimated $1.74M sold.
Based on aggregated 13F filings for Q1 2017.