KB Home
200 hedge funds and large institutions have $1.1B invested in KB Home in 2015 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 71 increasing their positions, 67 reducing their positions, and 32 closing their positions.
1.58% more ownership
Funds ownership: 86.59% → 88.17% (+1.6%)
6% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 67
2% less funds holding
Funds holding: 205 → 200 (-5)
13% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 32
17% less capital invested
Capital invested by funds: $1.32B → $1.1B (-$222M)
22% less call options, than puts
Call options by funds: $79.8M | Put options by funds: $103M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$44.9M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$24.7M |
| 3 |
Millennium Management
New York
|
+$22M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$15.8M |
| 5 |
CANY
Caxton Associates (New York)
New York
|
+$9.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TG
TCW Group
Los Angeles,
California
|
-$24.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$21.4M |
| 3 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$17.4M |
| 4 |
PP
PDT Partners
New York
|
-$13.3M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$12.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PVH
226
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$201K | -12,088 | Closed |
|
227
Stifel Financial
St. Louis,
Missouri
| – | -$191K | -11,500 | Closed |
|
|
BMCMI
228
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$170K | -10,263 | Closed |
|
|
DTL
229
Dynamic Technology Lab
Singapore
| – | -$167K | -10,068 | Closed |
|
|
ST
230
Spot Trading
Chicago,
Illinois
| – | -$11.8K | -772 | Closed |
|
|
AGM
231
Alpine Global Management
New York
| – | -$9K | -564 | Closed |
|
|
WA
232
WFG Advisors
Dallas,
Texas
| – | -$7K | -450 | Closed |
|
|
DADC
233
D.A. Davidson & Co
Great Falls,
Montana
| – | +$260 | +17 | +36% |
|
KBH Hedge Fund Activity: Q3 2015 in Review
200 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q3 2015, worth a combined $1.1B — down 17% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of KBH and 28 opened new positions — a net loss of 4 holders — while 67 trimmed existing stakes and 71 added.
The largest buyer was Balyasny Asset Management, adding an estimated $44.9M. The largest seller was TCW Group, cutting an estimated $24.5M.
- 200 institutional investors held KB Home (KBH) as of Q3 2015, down from 205 in Q2 2015.
- Funds reported $1.1B of KB Home stock for Q3 2015, down 17% quarter-over-quarter.
- 28 funds opened new KB Home positions in Q3 2015 and 32 closed out, a net change of -4 holders.
- The largest KB Home buyer in Q3 2015 was Balyasny Asset Management, an estimated $44.9M added.
- The largest KB Home seller in Q3 2015 was TCW Group, an estimated $24.5M sold.
Based on aggregated 13F filings for Q3 2015.