Hovnanian Enterprises
HOV
135 hedge funds and large institutions have $478M invested in Hovnanian Enterprises in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 58 increasing their positions, 42 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 42
5.42% more ownership
Funds ownership: 57.78% → 63.2% (+5.4%)
1% less capital invested
Capital invested by funds: $485M → $478M (-$6.76M)
8% less funds holding
Funds holding: 147 → 135 (-12)
39% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$18.3M |
| 2 |
FCM
Forager Capital Management
Birmingham,
Alabama
|
+$17M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.28M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$3.44M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$7.97M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.13M |
| 3 |
D.E. Shaw & Co
New York
|
-$3.08M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.69M |
| 5 |
Morgan Stanley
New York
|
-$2.42M |
HOV Hedge Fund Activity: Q2 2024 in Review
135 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q2 2024, worth a combined $478M — down 1.4% from $485M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of HOV and 17 opened new positions — a net loss of 11 holders — while 42 trimmed existing stakes and 58 added.
The largest buyer was State Street, adding an estimated $18.3M. The largest seller was Invesco, cutting an estimated $7.97M.
- 135 institutional investors held Hovnanian Enterprises (HOV) as of Q2 2024, down from 147 in Q1 2024.
- Funds reported $478M of Hovnanian Enterprises stock for Q2 2024, down 1.4% quarter-over-quarter.
- 17 funds opened new Hovnanian Enterprises positions in Q2 2024 and 28 closed out, a net change of -11 holders.
- The largest Hovnanian Enterprises buyer in Q2 2024 was State Street, an estimated $18.3M added.
- The largest Hovnanian Enterprises seller in Q2 2024 was Invesco, an estimated $7.97M sold.
Based on aggregated 13F filings for Q2 2024.