KB Home
218 hedge funds and large institutions have $1.32B invested in KB Home in 2016 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 82 increasing their positions, 75 reducing their positions, and 17 closing their positions.
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
8% more capital invested
Capital invested by funds: $1.22B → $1.32B (+$103M)
7% more funds holding
Funds holding: 204 → 218 (+14)
3.1% more ownership
Funds ownership: 95.04% → 98.13% (+3.1%)
9% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 75
82% less call options, than puts
Call options by funds: $18.9M | Put options by funds: $107M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$28.3M |
| 2 |
Goldman Sachs
New York
|
+$13.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$7.65M |
| 4 |
Bank of New York Mellon
New York
|
+$5.88M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$16M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$11M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$6.56M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$4.54M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
226
Symons Capital Management
Pittsburgh,
Pennsylvania
| – | -$342K | -22,490 | Closed |
|
|
FPCP
227
Fort Point Capital Partners
San Francisco,
California
| – | -$219K | -14,400 | Closed |
|
228
Teacher Retirement System of Texas
Austin,
Texas
| – | -$163K | -10,689 | Closed |
|
|
MSTVIM
229
Messner & Smith Theme Value Investment Management
San Diego,
California
| – | -$14K | -949 | Closed |
|
|
ST
230
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$10K | -650 | Closed |
|
|
SSB
231
Sandy Spring Bank
Olney,
Maryland
| – | -$6K | -375 | Closed |
|
232
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -172 | Closed |
|
|
ST
233
Spot Trading
Chicago,
Illinois
| – | -$1.17K | -74 | Closed |
|
KBH Hedge Fund Activity: Q3 2016 in Review
218 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q3 2016, worth a combined $1.32B — up 8.5% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new KBH positions and 17 closed out — a net gain of 15 holders — while 82 added to existing stakes and 75 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $28.3M. The largest seller was Jupiter Investment Management, cutting an estimated $16M.
- 218 institutional investors held KB Home (KBH) as of Q3 2016, up from 204 in Q2 2016.
- Funds reported $1.32B of KB Home stock for Q3 2016, up 8.5% quarter-over-quarter.
- 32 funds opened new KB Home positions in Q3 2016 and 17 closed out, a net change of +15 holders.
- The largest KB Home buyer in Q3 2016 was AQR Capital Management, an estimated $28.3M added.
- The largest KB Home seller in Q3 2016 was Jupiter Investment Management, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2016.