KB Home
202 hedge funds and large institutions have $1.69B invested in KB Home in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 75 increasing their positions, 71 reducing their positions, and 34 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more capital invested
Capital invested by funds: $1.37B → $1.69B (+$322M)
6% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 71
2.29% less ownership
Funds ownership: 102.21% → 99.92% (-2.3%)
7% less funds holding
Funds holding: 218 → 202 (-16)
29% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 34
82% less call options, than puts
Call options by funds: $31.3M | Put options by funds: $170M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$175M |
| 2 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
+$31.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$12.6M |
| 4 |
BSA
Braun Stacey Associates
New York
|
+$11.7M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$7.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$45.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.3M |
| 3 |
Morgan Stanley
New York
|
-$14.2M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$9.31M |
| 5 |
ECM
Element Capital Management
New York
|
-$8.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Acadian Asset Management
Boston,
Massachusetts
| – | -$184K | -11,656 | Closed |
|
|
BCM
227
BlueCrest Capital Management
St Helier,
Jersey
| – | -$158K | -10,000 | Closed |
|
|
GH
228
GAM Holding
Zurich,
Switzerland
| – | -$130K | -8,200 | Closed |
|
|
SEC
229
Seven Eight Capital
New York
| – | -$74K | -4,665 | Closed |
|
230
Walleye Trading
New York
| – | -$79.5K | -4,547 | Closed |
|
|
AAM
231
Advisors Asset Management
Monument,
Colorado
| – | -$32K | -2,000 | Closed |
|
|
PCM
232
Penserra Capital Management
Orinda,
California
| – | -$22K | -1,453 | Closed |
|
|
DVM
233
Dreman Value Management
West Palm Beach,
Florida
| – | -$3K | -206 | Closed |
|
|
PHK
234
Point72 Hong Kong
Hong Kong
| – | -$3K | -192 | Closed |
|
235
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -172 | Closed |
|
|
ED
236
Exane Derivatives
Paris,
France
| – | -$16 | -1 | Closed |
|
KBH Hedge Fund Activity: Q1 2017 in Review
202 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q1 2017, worth a combined $1.69B — up 23% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of KBH and 24 opened new positions — a net loss of 10 holders — while 71 trimmed existing stakes and 75 added.
The largest buyer was BlackRock, adding an estimated $175M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $45.5M sold.
- 202 institutional investors held KB Home (KBH) as of Q1 2017, down from 218 in Q4 2016.
- Funds reported $1.69B of KB Home stock for Q1 2017, up 23% quarter-over-quarter.
- 24 funds opened new KB Home positions in Q1 2017 and 34 closed out, a net change of -10 holders.
- The largest KB Home buyer in Q1 2017 was BlackRock, an estimated $175M added.
- The largest KB Home seller in Q1 2017 was Systematic Financial Management, an estimated $45.5M sold.
Based on aggregated 13F filings for Q1 2017.