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HOVU

HOVNANIAN ENTERPRISES INC UNIT 1 COM & 1 SR SUB NT

Delisted

HOVU was delisted on the 14th of February, 2014.

13 hedge funds and large institutions have $39.8M invested in HOVNANIAN ENTERPRISES INC UNIT 1 COM & 1 SR SUB NT in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more capital invested

Capital invested by funds: $22.7M → $39.8M (+$17.1M)

0% more funds holding

Funds holding: 1313 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5

Holders
13
Holders Change
Holders Change %
0%
% of All Funds
0.38%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
2
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SC
1
Sculptor Capital
New York
$11.9M +$9.88M +371,278 New
Loomis, Sayles & Company
2
Loomis, Sayles & Company
Massachusetts
$11.8M
VOAM
3
Vertex One Asset Management
British Columbia, Canada
$4.61M +$13.7M +515,875 +2,579%
RA
4
Royce & Associates
New York
$3.44M -$240K -9,000 -8%
Lord, Abbett & Co
5
Lord, Abbett & Co
New Jersey
$2.65M +$78.6K +2,955 +4%
WAM
6
Wolverine Asset Management
Illinois
$1.86M -$222K -8,349 -12%
Wells Fargo
7
Wells Fargo
California
$1.32M -$1.33M -50,000 -55%
CCA
8
Castle Creek Arbitrage
Colorado
$781K
CL
9
CSS LLC
Illinois
$698K +$582K +21,871 New
AQR Capital Management
10
AQR Capital Management
Connecticut
$641K
TRCT
11
Tower Research Capital (TRC)
New York
$8K -$11.4K -430 -63%
Morgan Stanley
12
Morgan Stanley
New York
$3K +$2.66K +100 New
NES
13
New England Securities
New York
$1K
AC
14
Aristeia Capital
Connecticut
-$2.83M -106,700 Closed
U
15
UBS
Switzerland
-$10K -371 Closed
Citadel Advisors
16
Citadel Advisors
Florida
-$5K -200 Closed
Barclays
17
Barclays
United Kingdom
-$3.49K -131 -90%

HOVU Hedge Fund Activity: Q4 2013 in Review

13 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in HOVNANIAN ENTERPRISES INC UNIT 1 COM & 1 SR SUB NT (HOVU) for Q4 2013, worth a combined $39.8M — up 75% from $22.7M a quarter earlier.

Fund positioning in HOVU was balanced in Q4 2013: 3 funds opened new positions, 3 closed out, 2 added to existing stakes and 5 trimmed.

The largest buyer was Vertex One Asset Management, adding an estimated $13.7M. The largest seller was Aristeia Capital, exiting entirely with an estimated $2.83M sold.

  • 13 institutional investors held HOVNANIAN ENTERPRISES INC UNIT 1 COM & 1 SR SUB NT (HOVU) as of Q4 2013, unchanged from Q3 2013.
  • Funds reported $39.8M of HOVNANIAN ENTERPRISES INC UNIT 1 COM & 1 SR SUB NT stock for Q4 2013, up 75% quarter-over-quarter.
  • 3 funds opened new HOVNANIAN ENTERPRISES INC UNIT 1 COM & 1 SR SUB NT positions in Q4 2013 and 3 closed out, a net change of 0 holders.
  • The largest HOVNANIAN ENTERPRISES INC UNIT 1 COM & 1 SR SUB NT buyer in Q4 2013 was Vertex One Asset Management, an estimated $13.7M added.
  • The largest HOVNANIAN ENTERPRISES INC UNIT 1 COM & 1 SR SUB NT seller in Q4 2013 was Aristeia Capital, an estimated $2.83M sold.

Based on aggregated 13F filings for Q4 2013.