Hovnanian Enterprises
HOV
112 hedge funds and large institutions have $91.5M invested in Hovnanian Enterprises in 2017 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 37 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
3% more funds holding
Funds holding: 109 → 112 (+3)
0.05% more ownership
Funds ownership: 1.39% → 1.43% (+0.05%)
27% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 37
29% less capital invested
Capital invested by funds: $128M → $91.5M (-$36.6M)
65% less call options, than puts
Call options by funds: $270K | Put options by funds: $775K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$6.67M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.78M |
| 3 |
EMG
Ellington Management Group
Old Greenwich,
Connecticut
|
+$1.03M |
| 4 |
Morgan Stanley
New York
|
+$1.02M |
| 5 |
SIM
Spark Investment Management
New York
|
+$759K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.33M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.78M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$1.62M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.31M |
| 5 |
BGC
Birch Grove Capital
New York
|
-$883K |
HOV Hedge Fund Activity: Q3 2017 in Review
112 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q3 2017, worth a combined $91.5M — down 29% from $128M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HOV positions and 13 closed out — a net gain of 3 holders — while 27 added to existing stakes and 37 trimmed.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $6.67M. The largest seller was AQR Capital Management, cutting an estimated $2.33M.
- 112 institutional investors held Hovnanian Enterprises (HOV) as of Q3 2017, up from 109 in Q2 2017.
- Funds reported $91.5M of Hovnanian Enterprises stock for Q3 2017, down 29% quarter-over-quarter.
- 16 funds opened new Hovnanian Enterprises positions in Q3 2017 and 13 closed out, a net change of +3 holders.
- The largest Hovnanian Enterprises buyer in Q3 2017 was Blackstone Inc, an estimated $6.67M added.
- The largest Hovnanian Enterprises seller in Q3 2017 was AQR Capital Management, an estimated $2.33M sold.
Based on aggregated 13F filings for Q3 2017.