Hovnanian Enterprises
HOV
51 hedge funds and large institutions have $11M invested in Hovnanian Enterprises in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 15 closing their positions.
26.11% more ownership
Funds ownership: 1.23% → 27.34% (+26%)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
6% less funds holding
Funds holding: 54 → 51 (-3)
38% less call options, than puts
Call options by funds: $5K | Put options by funds: $8K
39% less capital invested
Capital invested by funds: $18M → $11M (-$6.95M)
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$704K |
| 2 |
JP Morgan Chase
New York
|
+$639K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$552K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$529K |
| 5 |
AGC
Angelo Gordon & Co
New York
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.65M |
| 2 |
State Street
Boston,
Massachusetts
|
-$975K |
| 3 |
Blackstone Inc
New York
|
-$774K |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$669K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$263K |
HOV Hedge Fund Activity: Q2 2019 in Review
51 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2019, worth a combined $11M — down 39% from $18M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of HOV and 14 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 8 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $704K. The largest seller was BlackRock, cutting an estimated $2.65M.
- 51 institutional investors held Hovnanian Enterprises (HOV) as of Q2 2019, down from 54 in Q1 2019.
- Funds reported $11M of Hovnanian Enterprises stock for Q2 2019, down 39% quarter-over-quarter.
- 14 funds opened new Hovnanian Enterprises positions in Q2 2019 and 15 closed out, a net change of -1 holder.
- The largest Hovnanian Enterprises buyer in Q2 2019 was Millennium Management, an estimated $704K added.
- The largest Hovnanian Enterprises seller in Q2 2019 was BlackRock, an estimated $2.65M sold.
Based on aggregated 13F filings for Q2 2019.