Hovnanian Enterprises
HOV
113 hedge funds and large institutions have $90M invested in Hovnanian Enterprises in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 41 reducing their positions, and 19 closing their positions.
0.14% less ownership
Funds ownership: 1.8% → 1.66% (-0.14%)
7% less funds holding
Funds holding: 121 → 113 (-8)
18% less capital invested
Capital invested by funds: $109M → $90M (-$19.4M)
22% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 41
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
58% less call options, than puts
Call options by funds: $173K | Put options by funds: $408K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$6.38M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$824K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$499K |
| 4 |
Goldman Sachs
New York
|
+$366K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.92M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$1.86M |
| 3 |
AMH
Apollo Management Holdings
New York
|
-$1.83M |
| 4 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$1.82M |
| 5 |
BlackRock
New York
|
-$1.34M |
HOV Hedge Fund Activity: Q2 2018 in Review
113 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2018, worth a combined $90M — down 18% from $109M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HOV and 12 opened new positions — a net loss of 7 holders — while 41 trimmed existing stakes and 32 added.
The largest buyer was JP Morgan Chase, adding an estimated $6.38M. The largest seller was Dimensional Fund Advisors, cutting an estimated $1.92M.
- 113 institutional investors held Hovnanian Enterprises (HOV) as of Q2 2018, down from 121 in Q1 2018.
- Funds reported $90M of Hovnanian Enterprises stock for Q2 2018, down 18% quarter-over-quarter.
- 12 funds opened new Hovnanian Enterprises positions in Q2 2018 and 19 closed out, a net change of -7 holders.
- The largest Hovnanian Enterprises buyer in Q2 2018 was JP Morgan Chase, an estimated $6.38M added.
- The largest Hovnanian Enterprises seller in Q2 2018 was Dimensional Fund Advisors, an estimated $1.92M sold.
Based on aggregated 13F filings for Q2 2018.