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Hovnanian Enterprises

84 hedge funds and large institutions have $131M 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.

New
Increased
Maintained
Reduced
Closed

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: 9484 (-10)

24% less capital invested

Capital invested by funds: $173M → $131M (-$41.2M)

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: 10 (-1)

Holders
84
Holders Change
-10
Holders Change %
-10.64%
% of All Funds
1.42%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
11
Increased
31
Reduced
28
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AFM
1
Anson Funds Management
Texas
$14.4M +$11.1M +228,269 +212%
BlackRock
2
BlackRock
New York
$13.6M -$1.56M -32,189 -9%
DCM
3
DG Capital Management
New York
$12.6M +$1.33M +27,350 +10%
Renaissance Technologies
4
Renaissance Technologies
New York
$11.2M +$1.69M +34,810 +15%
Vanguard Group
5
Vanguard Group
Pennsylvania
$10.6M +$1.15M +23,746 +11%
SCP
6
Steamboat Capital Partners
New York
$8.77M -$801K -16,489 -8%
WCM
7
Woodson Capital Management
Connecticut
$6.99M +$7.93M +163,430 New
PWAM
8
Park West Asset Management
California
$6.61M -$3.43M -70,554 -31%
State Street
9
State Street
Massachusetts
$4.46M +$201K +4,143 +4%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$4.37M -$1.23M -25,261 -20%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$3.67M -$8.98K -185 -0.2%
IECM
12
Intrinsic Edge Capital Management
Illinois
$3.42M +$3.88M +80,000 New
AC
13
AWH Capital
Texas
$2.89M +$340K +7,000 +12%
Morgan Stanley
14
Morgan Stanley
New York
$2.8M +$2.42M +49,807 +321%
Assenagon Asset Management
15
Assenagon Asset Management
Luxembourg
$2.62M +$2.33M +47,898 +358%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$2.58M -$55.8K -1,150 -2%
Fuller & Thaler Asset Management
17
Fuller & Thaler Asset Management
California
$2.32M -$18K -370 -0.7%
Northern Trust
18
Northern Trust
Illinois
$1.98M +$3.93K +81 +0.2%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$1.29M -$203K -4,180 -12%
Invesco
20
Invesco
Georgia
$1.13M +$240K +4,943 +23%
UBS Group
21
UBS Group
Switzerland
$1.05M +$1.12M +23,152 +1,742%
Citadel Advisors
22
Citadel Advisors
Florida
$766K +$620K +12,761 +248%
AQR Capital Management
23
AQR Capital Management
Connecticut
$712K +$268K +5,511 +49%
Charles Schwab
24
Charles Schwab
California
$573K -$7.96K -164 -1%
Swiss National Bank
25
Swiss National Bank
Switzerland
$539K +$34K +700 +6%

HOV Hedge Fund Activity: Q2 2022 in Review

84 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2022, worth a combined $131M — down 24% 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 $131M of Hovnanian Enterprises stock for Q2 2022, down 24% 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.