KB Home
253 hedge funds and large institutions have $1.49B invested in KB Home in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 106 increasing their positions, 71 reducing their positions, and 62 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 71
2.66% more ownership
Funds ownership: 89.14% → 91.81% (+2.7%)
7% less funds holding
Funds holding: 273 → 253 (-20)
28% less call options, than puts
Call options by funds: $30.9M | Put options by funds: $42.9M
29% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 62
45% less capital invested
Capital invested by funds: $2.7B → $1.49B (-$1.21B)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Greenhaven Associates
Purchase,
New York
|
+$37.9M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$36.8M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$35.6M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$35M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$66.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$52.6M |
| 3 |
Goldman Sachs
New York
|
-$31.1M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$29M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$18.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$135K | -3,992 | Closed |
|
|
FL
302
Fort LP
Chevy Chase,
Maryland
| – | -$111K | -3,237 | Closed |
|
|
BFEC
303
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$58K | -1,690 | Closed |
|
|
WCG
304
Weaver Consulting Group
Huntington Beach,
California
| – | -$34K | -1,000 | Closed |
|
|
OSAM
305
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$12K | -339 | Closed |
|
306
Walleye Capital
New York
| – | -$10K | -300 | Closed |
|
|
MIM
307
Macroview Investment Management
Bethesda,
Maryland
| – | -$3K | -91 | Closed |
|
|
GAM
308
Gemmer Asset Management
Walnut Creek,
California
| – | -$2K | -49 | Closed |
|
309
Fidelity International
Hamilton,
Bermuda
| – | -$1K | -38 | Closed |
|
|
ADL
310
Asset Dedication LLC
San Francisco,
California
| – | -$1K | -26 | Closed |
|
|
OPS
311
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$128 | -4 | -57% |
|
|
TFS
312
TrustCore Financial Services
Brentwood,
Tennessee
| – | +$801 | +25 | New |
|
|
HGWM
313
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | +$833 | +26 | New |
|
KBH Hedge Fund Activity: Q1 2020 in Review
253 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q1 2020, worth a combined $1.49B — down 45% from $2.7B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of KBH and 44 opened new positions — a net loss of 18 holders — while 71 trimmed existing stakes and 106 added.
The largest buyer was Greenhaven Associates, opening a new position worth an estimated $37.9M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $66.4M sold.
- 253 institutional investors held KB Home (KBH) as of Q1 2020, down from 273 in Q4 2019.
- Funds reported $1.49B of KB Home stock for Q1 2020, down 45% quarter-over-quarter.
- 44 funds opened new KB Home positions in Q1 2020 and 62 closed out, a net change of -18 holders.
- The largest KB Home buyer in Q1 2020 was Greenhaven Associates, an estimated $37.9M added.
- The largest KB Home seller in Q1 2020 was Balyasny Asset Management, an estimated $66.4M sold.
Based on aggregated 13F filings for Q1 2020.