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394 hedge funds and large institutions have $3.5B invested in KB Home in 2025 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 165 increasing their positions, 134 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 134

8% less call options, than puts

Call options by funds: $129M | Put options by funds: $141M

3.1% less ownership

Funds ownership: 95.14%92.04% (-3.1%)

5% less funds holding

Funds holding: 413394 (-19)

11% less capital invested

Capital invested by funds: $3.95B → $3.5B (-$450M)

22% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 60

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
394
Holders Change
-19
Holders Change %
-4.6%
% of All Funds
5.19%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
47
Increased
165
Reduced
134
Closed
60
Calls
$129M
Puts
$141M
Net Calls
-$11.9M
Net Calls Change
-$11.8M
Name Holding Trade Value Shares
Change
Change in
Stake
William Blair & Company
276
William Blair & Company
Illinois
$217K
P
277
&Partners
Tennessee
$213K +$19.6K +368 +10%
HWAM
278
Hennion & Walsh Asset Management
New Jersey
$213K +$213K +4,014 New
M&T Bank
279
M&T Bank
New York
$213K -$275K -5,178 -56%
Carson Wealth (CWM LLC)
280
Carson Wealth (CWM LLC)
Nebraska
$212K +$106K +1,991 +99%
AWM
281
AE Wealth Management
Kansas
$211K -$16.4K -309 -7%
Neuberger Berman Group
282
Neuberger Berman Group
New York
$207K -$24.1K -453 -10%
SW
283
SkyOak Wealth
Michigan
$206K
AAS
284
Avantax Advisory Services
Texas
$201K +$202K +3,803 New
FFA
285
Farther Finance Advisors
California
$179K +$113K +2,129 +171%
TWC
286
TD Waterhouse Canada
Ontario, Canada
$175K +$3.83K +72 +2%
PA
287
Parallel Advisors
California
$170K +$23.7K +446 +16%
RI
288
Ridgewood Investments
New Jersey
$164K +$165K +3,103 New
GI
289
GAMMA Investing
California
$157K +$69.1K +1,300 +78%
CI Investments Inc
290
CI Investments Inc
Ontario, Canada
$152K -$20K -377 -12%
EWA
291
EverSource Wealth Advisors
Alabama
$134K +$25.6K +482 +24%
MEG
292
Millstone Evans Group
Colorado
$130K
FAM
293
Fulcrum Asset Management
United Kingdom
$126K +$127K +2,383 New
AF
294
Allworth Financial
California
$126K +$54.6K +1,027 +76%
KBC Group
295
KBC Group
Belgium
$117K -$61.4K -1,155 -34%
Mitsubishi UFJ Trust & Banking
296
Mitsubishi UFJ Trust & Banking
Japan
$116K -$445K -8,360 -79%
HFS
297
Hantz Financial Services
Michigan
$105K +$97K +1,824 +1,126%
SCM
298
Sterling Capital Management
North Carolina
$101K +$50.6K +951 +99%
Northwestern Mutual Wealth Management
299
Northwestern Mutual Wealth Management
Wisconsin
$93.2K -$57.8K -1,087 -38%
C
300
Covestor
United Kingdom
$93K +$37.7K +708 +68%

KBH Hedge Fund Activity: Q2 2025 in Review

394 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q2 2025, worth a combined $3.5B — down 11% from $3.95B a quarter earlier.

Sellers outnumbered buyers: 60 funds closed out of KBH and 47 opened new positions — a net loss of 13 holders — while 134 trimmed existing stakes and 165 added.

The largest buyer was Millennium Management, adding an estimated $49.9M. The largest seller was Fidelity Investments, cutting an estimated $77.8M.

  • 394 institutional investors held KB Home (KBH) as of Q2 2025, down from 413 in Q1 2025.
  • Funds reported $3.5B of KB Home stock for Q2 2025, down 11% quarter-over-quarter.
  • 47 funds opened new KB Home positions in Q2 2025 and 60 closed out, a net change of -13 holders.
  • The largest KB Home buyer in Q2 2025 was Millennium Management, an estimated $49.9M added.
  • The largest KB Home seller in Q2 2025 was Fidelity Investments, an estimated $77.8M sold.

Based on aggregated 13F filings for Q2 2025.