KB Home
253 hedge funds and large institutions have $1.85B invested in KB Home in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 98 increasing their positions, 78 reducing their positions, and 44 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 78
2.25% more ownership
Funds ownership: 86.41% → 88.66% (+2.2%)
3% less funds holding
Funds holding: 261 → 253 (-8)
10% less capital invested
Capital invested by funds: $2.06B → $1.85B (-$206M)
16% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 44
81% less call options, than puts
Call options by funds: $20.2M | Put options by funds: $108M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$31.6M |
| 2 |
JP Morgan Chase
New York
|
+$24.4M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$23.9M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$16.7M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$27.4M |
| 2 |
MCM
Matarin Capital Management
New York
|
-$13.7M |
| 3 |
Morgan Stanley
New York
|
-$12.2M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$12.1M |
| 5 |
BSA
Braun Stacey Associates
New York
|
-$8.48M |
KBH Hedge Fund Activity: Q3 2018 in Review
253 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q3 2018, worth a combined $1.85B — down 10% from $2.06B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of KBH and 37 opened new positions — a net loss of 7 holders — while 78 trimmed existing stakes and 98 added.
The largest buyer was Millennium Management, adding an estimated $31.6M. The largest seller was Hennessy Advisors Inc, cutting an estimated $27.4M.
- 253 institutional investors held KB Home (KBH) as of Q3 2018, down from 261 in Q2 2018.
- Funds reported $1.85B of KB Home stock for Q3 2018, down 10% quarter-over-quarter.
- 37 funds opened new KB Home positions in Q3 2018 and 44 closed out, a net change of -7 holders.
- The largest KB Home buyer in Q3 2018 was Millennium Management, an estimated $31.6M added.
- The largest KB Home seller in Q3 2018 was Hennessy Advisors Inc, an estimated $27.4M sold.
Based on aggregated 13F filings for Q3 2018.