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261 hedge funds and large institutions have $2.06B invested in KB Home in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 83 increasing their positions, 108 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.2% less ownership

Funds ownership: 89.61%86.41% (-3.2%)

7% less capital invested

Capital invested by funds: $2.21B → $2.06B (-$146M)

8% less funds holding

Funds holding: 285261 (-24)

23% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 108

43% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 42

62% less call options, than puts

Call options by funds: $27.8M | Put options by funds: $73.8M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
261
Holders Change
-24
Holders Change %
-8.42%
% of All Funds
5.98%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
24
Increased
83
Reduced
108
Closed
42
Calls
$27.8M
Puts
$73.8M
Net Calls
-$46M
Net Calls Change
-$53.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
76
Legal & General Group
United Kingdom
$3.69M -$36K -1,339 -1%
Swiss National Bank
77
Swiss National Bank
Switzerland
$3.66M
California State Teachers Retirement System (CalSTRS)
78
California State Teachers Retirement System (CalSTRS)
California
$3.58M +$54.1K +2,010 +2%
CANY
79
Caxton Associates (New York)
New York
$3.54M +$3.5M +130,000 New
American Century Companies
80
American Century Companies
Missouri
$3.53M +$3.49M +129,727 New
D.E. Shaw & Co
81
D.E. Shaw & Co
New York
$3.43M -$513K -19,086 -13%
AllianceBernstein
82
AllianceBernstein
Tennessee
$3.38M -$2.11M -78,530 -39%
Royal Bank of Canada
83
Royal Bank of Canada
Ontario, Canada
$3.31M +$26.1K +969 +0.8%
Citigroup
84
Citigroup
New York
$3.22M +$876K +32,585 +38%
First Trust Advisors
85
First Trust Advisors
Illinois
$3M +$2.16M +80,223 +270%
Retirement Systems of Alabama
86
Retirement Systems of Alabama
Alabama
$2.98M +$4.22K +157 +0.1%
Russell Investments Group
87
Russell Investments Group
United Kingdom
$2.84M -$3.04M -113,122 -52%
GC
88
Guggenheim Capital
Illinois
$2.55M -$8.94M -332,210 -78%
HIS
89
Horizon Investment Services
Indiana
$2.51M -$163K -6,052 -6%
JIR
90
James Investment Research
Ohio
$2.5M +$271K +10,092 +12%
MIM
91
MetLife Investment Management
New Jersey
$2.48M +$10.4K +386 +0.4%
HSA
92
Hussman Strategic Advisors
Maryland
$2.09M -$48.4K -1,800 -2%
State Board of Administration of Florida Retirement System
93
State Board of Administration of Florida Retirement System
Florida
$1.99M -$231K -8,604 -11%
MOACM
94
Mutual of America Capital Management
New York
$1.97M +$72.5K +2,696 +4%
CIBC Private Wealth Group
95
CIBC Private Wealth Group
Georgia
$1.94M +$1.86M +69,107 +3,093%
APG Asset Management
96
APG Asset Management
Netherlands
$1.9M -$1.23M -45,800 -36%
GC
97
Globeflex Capital
California
$1.89M -$105K -3,917 -5%
Comerica Bank
98
Comerica Bank
Texas
$1.75M -$57.8K -2,148 -3%
Mackenzie Financial
99
Mackenzie Financial
Ontario, Canada
$1.69M
UBS AM
100
UBS AM
Illinois
$1.6M -$1.5M -55,813 -49%

KBH Hedge Fund Activity: Q2 2018 in Review

261 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q2 2018, worth a combined $2.06B — down 6.6% from $2.21B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of KBH and 24 opened new positions — a net loss of 18 holders — while 108 trimmed existing stakes and 83 added.

The largest buyer was JP Morgan Chase, adding an estimated $28.7M. The largest seller was Vanguard Group, cutting an estimated $43.4M.

  • 261 institutional investors held KB Home (KBH) as of Q2 2018, down from 285 in Q1 2018.
  • Funds reported $2.06B of KB Home stock for Q2 2018, down 6.6% quarter-over-quarter.
  • 24 funds opened new KB Home positions in Q2 2018 and 42 closed out, a net change of -18 holders.
  • The largest KB Home buyer in Q2 2018 was JP Morgan Chase, an estimated $28.7M added.
  • The largest KB Home seller in Q2 2018 was Vanguard Group, an estimated $43.4M sold.

Based on aggregated 13F filings for Q2 2018.