Hovnanian Enterprises
HOV
54 hedge funds and large institutions have $18M invested in Hovnanian Enterprises in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 26 reducing their positions, and 56 closing their positions.
0.18% less ownership
Funds ownership: 1.42% → 1.23% (-0.18%)
14% less call options, than puts
Call options by funds: $304K | Put options by funds: $352K
44% less capital invested
Capital invested by funds: $32.2M → $18M (-$14.2M)
48% less funds holding
Funds holding: 104 → 54 (-50)
65% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 26
88% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$1.54M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$991K |
| 3 |
LCG
Luxor Capital Group
New York
|
+$650K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$637K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$3.77M |
| 2 |
BlackRock
New York
|
-$884K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$710K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$299K |
| 5 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$297K |
HOV Hedge Fund Activity: Q1 2019 in Review
54 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q1 2019, worth a combined $18M — down 44% from $32.2M a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of HOV and 7 opened new positions — a net loss of 49 holders — while 26 trimmed existing stakes and 9 added.
The largest buyer was New Generation Advisors, opening a new position worth an estimated $1.54M. The largest seller was JP Morgan Chase, cutting an estimated $3.77M.
- 54 institutional investors held Hovnanian Enterprises (HOV) as of Q1 2019, down from 104 in Q4 2018.
- Funds reported $18M of Hovnanian Enterprises stock for Q1 2019, down 44% quarter-over-quarter.
- 7 funds opened new Hovnanian Enterprises positions in Q1 2019 and 56 closed out, a net change of -49 holders.
- The largest Hovnanian Enterprises buyer in Q1 2019 was New Generation Advisors, an estimated $1.54M added.
- The largest Hovnanian Enterprises seller in Q1 2019 was JP Morgan Chase, an estimated $3.77M sold.
Based on aggregated 13F filings for Q1 2019.