KB Home
285 hedge funds and large institutions have $2.21B invested in KB Home in 2018 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 90 increasing their positions, 105 reducing their positions, and 33 closing their positions.
55% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 33
15% more call options, than puts
Call options by funds: $54.2M | Put options by funds: $47.2M
5% more funds holding
Funds holding: 271 → 285 (+14)
6.46% less ownership
Funds ownership: 96.08% → 89.61% (-6.5%)
14% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 105
17% less capital invested
Capital invested by funds: $2.66B → $2.21B (-$450M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| 1 |
MWNA
Marshall Wace North America
New York
|
+$20.5M |
| 2 |
Bank of New York Mellon
New York
|
+$16M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$15.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$12.1M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$10.6M |
Top Sellers
| 1 |
DSC
Donald Smith & Co
New York
|
-$44.1M |
| 2 |
Renaissance Technologies
New York
|
-$32.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$27.5M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$18.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.8M |
KBH Hedge Fund Activity: Q1 2018 in Review
285 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q1 2018, worth a combined $2.21B — down 17% from $2.66B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new KBH positions and 33 closed out — a net gain of 18 holders — while 90 added to existing stakes and 105 trimmed.
The largest buyer was Marshall Wace North America, opening a new position worth an estimated $20.5M. The largest seller was Donald Smith & Co, cutting an estimated $44.1M.
- 285 institutional investors held KB Home (KBH) as of Q1 2018, up from 271 in Q4 2017.
- Funds reported $2.21B of KB Home stock for Q1 2018, down 17% quarter-over-quarter.
- 51 funds opened new KB Home positions in Q1 2018 and 33 closed out, a net change of +18 holders.
- The largest KB Home buyer in Q1 2018 was Marshall Wace North America, an estimated $20.5M added.
- The largest KB Home seller in Q1 2018 was Donald Smith & Co, an estimated $44.1M sold.
Based on aggregated 13F filings for Q1 2018.