KB Home
181 hedge funds and large institutions have $1.89B invested in KB Home in 2013 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 64 increasing their positions, 59 reducing their positions, and 21 closing their positions.
49% more capital invested
Capital invested by funds: $1.27B → $1.89B (+$618M)
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
3% more funds holding
Funds holding: 176 → 181 (+5)
8% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 59
6.34% less ownership
Funds ownership: 84.23% → 77.89% (-6.3%)
58% less call options, than puts
Call options by funds: $62.5M | Put options by funds: $149M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$44M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$16M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$15.6M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
+$14.7M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.9M |
| 2 |
Millennium Management
New York
|
-$30.5M |
| 3 |
CCI
Columbus Circle Investors
|
-$24.6M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
-$11.4M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$5.95M |
KBH Hedge Fund Activity: Q4 2013 in Review
181 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q4 2013, worth a combined $1.89B — up 49% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new KBH positions and 21 closed out — a net gain of 7 holders — while 64 added to existing stakes and 59 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $44M. The largest seller was Fidelity Investments, cutting an estimated $32.9M.
- 181 institutional investors held KB Home (KBH) as of Q4 2013, up from 176 in Q3 2013.
- Funds reported $1.89B of KB Home stock for Q4 2013, up 49% quarter-over-quarter.
- 28 funds opened new KB Home positions in Q4 2013 and 21 closed out, a net change of +7 holders.
- The largest KB Home buyer in Q4 2013 was Citadel Advisors, an estimated $44M added.
- The largest KB Home seller in Q4 2013 was Fidelity Investments, an estimated $32.9M sold.
Based on aggregated 13F filings for Q4 2013.