Hovnanian Enterprises
HOV
78 hedge funds and large institutions have $102M invested in Hovnanian Enterprises in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 14 closing their positions.
4.51% less ownership
Funds ownership: 54.58% → 50.08% (-4.5%)
7% less funds holding
Funds holding: 84 → 78 (-6)
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
23% less capital invested
Capital invested by funds: $133M → $102M (-$30.7M)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.55M |
| 2 |
Morgan Stanley
New York
|
+$995K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$889K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$867K |
| 5 |
EGM
Engineers Gate Manager
New York
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$3.42M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.03M |
| 3 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$2.82M |
| 4 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$2.54M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.97M |
HOV Hedge Fund Activity: Q3 2022 in Review
78 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q3 2022, worth a combined $102M — down 23% from $133M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of HOV and 8 opened new positions — a net loss of 6 holders — while 30 trimmed existing stakes and 24 added.
The largest buyer was Millennium Management, adding an estimated $2.55M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $3.42M sold.
- 78 institutional investors held Hovnanian Enterprises (HOV) as of Q3 2022, down from 84 in Q2 2022.
- Funds reported $102M of Hovnanian Enterprises stock for Q3 2022, down 23% quarter-over-quarter.
- 8 funds opened new Hovnanian Enterprises positions in Q3 2022 and 14 closed out, a net change of -6 holders.
- The largest Hovnanian Enterprises buyer in Q3 2022 was Millennium Management, an estimated $2.55M added.
- The largest Hovnanian Enterprises seller in Q3 2022 was Intrinsic Edge Capital Management, an estimated $3.42M sold.
Based on aggregated 13F filings for Q3 2022.