Hovnanian Enterprises
HOV
109 hedge funds and large institutions have $128M invested in Hovnanian Enterprises in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 23 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 27
28% more capital invested
Capital invested by funds: $100M → $128M (+$27.7M)
0.05% more ownership
Funds ownership: 1.34% → 1.39% (+0.05%)
10% less funds holding
Funds holding: 121 → 109 (-12)
36% less call options, than puts
Call options by funds: $557K | Put options by funds: $876K
52% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$1.98M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.48M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$1.37M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.46M |
| 2 |
Morgan Stanley
New York
|
-$707K |
| 3 |
SIM
Spark Investment Management
New York
|
-$605K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$539K |
| 5 |
Goldman Sachs
New York
|
-$529K |
HOV Hedge Fund Activity: Q2 2017 in Review
109 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2017, worth a combined $128M — up 28% from $100M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of HOV and 11 opened new positions — a net loss of 12 holders — while 27 trimmed existing stakes and 37 added.
The largest buyer was New Generation Advisors, opening a new position worth an estimated $1.98M. The largest seller was Numeric Investors, exiting entirely with an estimated $1.46M sold.
- 109 institutional investors held Hovnanian Enterprises (HOV) as of Q2 2017, down from 121 in Q1 2017.
- Funds reported $128M of Hovnanian Enterprises stock for Q2 2017, up 28% quarter-over-quarter.
- 11 funds opened new Hovnanian Enterprises positions in Q2 2017 and 23 closed out, a net change of -12 holders.
- The largest Hovnanian Enterprises buyer in Q2 2017 was New Generation Advisors, an estimated $1.98M added.
- The largest Hovnanian Enterprises seller in Q2 2017 was Numeric Investors, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2017.