Hovnanian Enterprises
HOV
165 hedge funds and large institutions have $740M invested in Hovnanian Enterprises in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 57 increasing their positions, 44 reducing their positions, and 11 closing their positions.
273% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
55% more capital invested
Capital invested by funds: $478M → $740M (+$262M)
30% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 44
22% more funds holding
Funds holding: 135 → 165 (+30)
4.77% more ownership
Funds ownership: 63.2% → 67.96% (+4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$16.4M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$10.6M |
| 3 |
Morgan Stanley
New York
|
+$8.83M |
| 4 |
BCM
Brightline Capital Management
Miami,
Florida
|
+$6.34M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$5.64M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$5.3M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.83M |
| 4 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$3.46M |
| 5 |
Nisa Investment Advisors
St. Louis,
Missouri
|
-$3.26M |
HOV Hedge Fund Activity: Q3 2024 in Review
165 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Hovnanian Enterprises (HOV) for Q3 2024, worth a combined $740M — up 55% from $478M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new HOV positions and 11 closed out — a net gain of 30 holders — while 57 added to existing stakes and 44 trimmed.
The largest buyer was Philadelphia Financial Management of San Francisco, opening a new position worth an estimated $16.4M. The largest seller was GW&K Investment Management, cutting an estimated $5.64M.
- 165 institutional investors held Hovnanian Enterprises (HOV) as of Q3 2024, up from 135 in Q2 2024.
- Funds reported $740M of Hovnanian Enterprises stock for Q3 2024, up 55% quarter-over-quarter.
- 41 funds opened new Hovnanian Enterprises positions in Q3 2024 and 11 closed out, a net change of +30 holders.
- The largest Hovnanian Enterprises buyer in Q3 2024 was Philadelphia Financial Management of San Francisco, an estimated $16.4M added.
- The largest Hovnanian Enterprises seller in Q3 2024 was GW&K Investment Management, an estimated $5.64M sold.
Based on aggregated 13F filings for Q3 2024.