Hovnanian Enterprises
HOV
57 hedge funds and large institutions have $64.9M invested in Hovnanian Enterprises in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
60% more capital invested
Capital invested by funds: $40.7M → $64.9M (+$24.3M)
12% more funds holding
Funds holding: 51 → 57 (+6)
4.61% more ownership
Funds ownership: 31.57% → 36.17% (+4.6%)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$5.19M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$2.18M |
| 3 |
Renaissance Technologies
New York
|
+$1.71M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.68M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$2.34M |
| 2 |
Morgan Stanley
New York
|
-$2.02M |
| 3 |
AGC
Angelo Gordon & Co
New York
|
-$1.18M |
| 4 |
JP Morgan Chase
New York
|
-$926K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$663K |
HOV Hedge Fund Activity: Q3 2020 in Review
57 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q3 2020, worth a combined $64.9M — up 60% from $40.7M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new HOV positions and 9 closed out — a net gain of 6 holders — while 11 added to existing stakes and 17 trimmed.
The largest buyer was Luxor Capital Group, adding an estimated $5.19M. The largest seller was Q Global Advisors, exiting entirely with an estimated $2.34M sold.
- 57 institutional investors held Hovnanian Enterprises (HOV) as of Q3 2020, up from 51 in Q2 2020.
- Funds reported $64.9M of Hovnanian Enterprises stock for Q3 2020, up 60% quarter-over-quarter.
- 15 funds opened new Hovnanian Enterprises positions in Q3 2020 and 9 closed out, a net change of +6 holders.
- The largest Hovnanian Enterprises buyer in Q3 2020 was Luxor Capital Group, an estimated $5.19M added.
- The largest Hovnanian Enterprises seller in Q3 2020 was Q Global Advisors, an estimated $2.34M sold.
Based on aggregated 13F filings for Q3 2020.