KB Home
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.
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: 413 → 394 (-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: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$49.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$44.5M |
| 3 |
Two Sigma Investments
New York
|
+$21.1M |
| 4 |
Goldman Sachs
New York
|
+$20.8M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$77.8M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$74.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$38.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$25.4M |
| 5 |
Squarepoint
New York
|
-$25.3M |
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.