KB Home
204 hedge funds and large institutions have $1.22B invested in KB Home in 2016 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 81 increasing their positions, 66 reducing their positions, and 32 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 66
6% more capital invested
Capital invested by funds: $1.15B → $1.22B (+$70.9M)
0.32% less ownership
Funds ownership: 95.36% → 95.04% (-0.32%)
4% less funds holding
Funds holding: 212 → 204 (-8)
16% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
75% less call options, than puts
Call options by funds: $20.8M | Put options by funds: $81.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$40.5M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$20.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$17.4M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$15.4M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$8.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$54.5M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$17.7M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
-$10.3M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$8.34M |
| 5 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
-$6.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAS
226
Partnervest Advisory Services
Santa Barbara,
California
| – | -$333K | -23,320 | Closed |
|
|
QT
227
Quantbot Technologies
New York
| – | -$267K | -18,700 | Closed |
|
|
SEC
228
Seven Eight Capital
New York
| – | -$219K | -15,319 | Closed |
|
|
EMG
229
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$190K | -13,300 | Closed |
|
230
Nomura Holdings
Tokyo,
Japan
| – | -$162K | -11,451 | Closed |
|
|
GCP
231
GSA Capital Partners
London,
United Kingdom
| – | -$149K | -10,413 | Closed |
|
|
PMFA
232
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$39K | -2,751 | Closed |
|
|
GT
233
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$9K | -654 | Closed |
|
|
PFBT
234
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -57 | Closed |
|
|
MAM
235
Meeder Asset Management
Dublin,
Ohio
| – | -$321 | -23 | -96% |
|
KBH Hedge Fund Activity: Q2 2016 in Review
204 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q2 2016, worth a combined $1.22B — up 6.2% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of KBH and 27 opened new positions — a net loss of 5 holders — while 66 trimmed existing stakes and 81 added.
The largest buyer was Systematic Financial Management, adding an estimated $40.5M. The largest seller was Miller Value Partners, exiting entirely with an estimated $54.5M sold.
- 204 institutional investors held KB Home (KBH) as of Q2 2016, down from 212 in Q1 2016.
- Funds reported $1.22B of KB Home stock for Q2 2016, up 6.2% quarter-over-quarter.
- 27 funds opened new KB Home positions in Q2 2016 and 32 closed out, a net change of -5 holders.
- The largest KB Home buyer in Q2 2016 was Systematic Financial Management, an estimated $40.5M added.
- The largest KB Home seller in Q2 2016 was Miller Value Partners, an estimated $54.5M sold.
Based on aggregated 13F filings for Q2 2016.