Hovnanian Enterprises
HOV
104 hedge funds and large institutions have $264M invested in Hovnanian Enterprises in 2023 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
168% more capital inflows, than outflows
Capital inflows: $35.8M | Capital outflows: $13.4M
20% more funds holding
Funds holding: 87 → 104 (+17)
4.91% more ownership
Funds ownership: 45.5% → 50.41% (+4.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bridgeway Capital Management
Houston,
Texas
|
+$3.18M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.84M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.51M |
| 4 |
BlackRock
New York
|
+$2.47M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.12M |
| 2 |
Two Sigma Investments
New York
|
-$1.41M |
| 3 |
Morgan Stanley
New York
|
-$1.37M |
| 4 |
Quadrature Capital
London,
United Kingdom
|
-$1.27M |
| 5 |
Walleye Capital
New York
|
-$968K |
HOV Hedge Fund Activity: Q2 2023 in Review
104 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2023, worth a combined $264M — up 62% from $163M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new HOV positions and 8 closed out — a net gain of 17 holders — while 31 added to existing stakes and 34 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $3.18M. The largest seller was Millennium Management, exiting entirely with an estimated $2.12M sold.
- 104 institutional investors held Hovnanian Enterprises (HOV) as of Q2 2023, up from 87 in Q1 2023.
- Funds reported $264M of Hovnanian Enterprises stock for Q2 2023, up 62% quarter-over-quarter.
- 25 funds opened new Hovnanian Enterprises positions in Q2 2023 and 8 closed out, a net change of +17 holders.
- The largest Hovnanian Enterprises buyer in Q2 2023 was Bridgeway Capital Management, an estimated $3.18M added.
- The largest Hovnanian Enterprises seller in Q2 2023 was Millennium Management, an estimated $2.12M sold.
Based on aggregated 13F filings for Q2 2023.