KB Home
212 hedge funds and large institutions have $1.15B invested in KB Home in 2016 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 62 increasing their positions, 85 reducing their positions, and 32 closing their positions.
25% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 32
13% more capital invested
Capital invested by funds: $1.02B → $1.15B (+$132M)
5.5% more ownership
Funds ownership: 89.86% → 95.36% (+5.5%)
3% more funds holding
Funds holding: 205 → 212 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
27% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 85
67% less call options, than puts
Call options by funds: $25.9M | Put options by funds: $78.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$77.5M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$10.2M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
+$9.08M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$8.63M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$7.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$34.3M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$20.4M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$17.2M |
| 4 |
Millennium Management
New York
|
-$15.2M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$13.2M |
KBH Hedge Fund Activity: Q1 2016 in Review
212 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q1 2016, worth a combined $1.15B — up 13% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new KBH positions and 32 closed out — a net gain of 8 holders — while 62 added to existing stakes and 85 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $77.5M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $34.3M sold.
- 212 institutional investors held KB Home (KBH) as of Q1 2016, up from 205 in Q4 2015.
- Funds reported $1.15B of KB Home stock for Q1 2016, up 13% quarter-over-quarter.
- 40 funds opened new KB Home positions in Q1 2016 and 32 closed out, a net change of +8 holders.
- The largest KB Home buyer in Q1 2016 was Fidelity Investments, an estimated $77.5M added.
- The largest KB Home seller in Q1 2016 was Eagle Asset Management, an estimated $34.3M sold.
Based on aggregated 13F filings for Q1 2016.