Hovnanian Enterprises
HOV
91 hedge funds and large institutions have $304M invested in Hovnanian Enterprises in 2021 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 22 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
41% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 22
17% more capital invested
Capital invested by funds: $259M → $304M (+$44.6M)
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
11% more funds holding
Funds holding: 82 → 91 (+9)
7.09% more ownership
Funds ownership: 44.3% → 51.39% (+7.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$28M |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$27.5M |
| 3 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$13.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$9.54M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$8.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$22.3M |
| 2 |
Millennium Management
New York
|
-$8.22M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$7.45M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$7.31M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.88M |
HOV Hedge Fund Activity: Q2 2021 in Review
91 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2021, worth a combined $304M — up 17% from $259M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new HOV positions and 22 closed out — a net gain of 9 holders — while 24 added to existing stakes and 21 trimmed.
The largest buyer was BlackRock, adding an estimated $28M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $22.3M sold.
- 91 institutional investors held Hovnanian Enterprises (HOV) as of Q2 2021, up from 82 in Q1 2021.
- Funds reported $304M of Hovnanian Enterprises stock for Q2 2021, up 17% quarter-over-quarter.
- 31 funds opened new Hovnanian Enterprises positions in Q2 2021 and 22 closed out, a net change of +9 holders.
- The largest Hovnanian Enterprises buyer in Q2 2021 was BlackRock, an estimated $28M added.
- The largest Hovnanian Enterprises seller in Q2 2021 was Philadelphia Financial Management of San Francisco, an estimated $22.3M sold.
Based on aggregated 13F filings for Q2 2021.