Hovnanian Enterprises
HOV
84 hedge funds and large institutions have $133M invested in Hovnanian Enterprises in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 18 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
2.73% more ownership
Funds ownership: 51.85% → 54.58% (+2.7%)
11% less funds holding
Funds holding: 94 → 84 (-10)
23% less capital invested
Capital invested by funds: $173M → $133M (-$39.9M)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$11.1M |
| 2 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$7.93M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$3.88M |
| 4 |
Morgan Stanley
New York
|
+$2.42M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$9.14M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$6.88M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.43M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
-$2.17M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$1.78M |
HOV Hedge Fund Activity: Q2 2022 in Review
84 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2022, worth a combined $133M — down 23% from $173M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of HOV and 11 opened new positions — a net loss of 7 holders — while 28 trimmed existing stakes and 31 added.
The largest buyer was Anson Funds Management, adding an estimated $11.1M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $9.14M sold.
- 84 institutional investors held Hovnanian Enterprises (HOV) as of Q2 2022, down from 94 in Q1 2022.
- Funds reported $133M of Hovnanian Enterprises stock for Q2 2022, down 23% quarter-over-quarter.
- 11 funds opened new Hovnanian Enterprises positions in Q2 2022 and 18 closed out, a net change of -7 holders.
- The largest Hovnanian Enterprises buyer in Q2 2022 was Anson Funds Management, an estimated $11.1M added.
- The largest Hovnanian Enterprises seller in Q2 2022 was Philadelphia Financial Management of San Francisco, an estimated $9.14M sold.
Based on aggregated 13F filings for Q2 2022.