We are live on ! Find out more
KBH icon

KB Home
KBH

185 hedge funds and large institutions have $1.25B invested in KB Home in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 77 increasing their positions, 55 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 55

26% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 23

3.63% more ownership

Funds ownership: 77.89% → 81.53% (+3.6%)

2% more funds holding

Funds holding: 181 → 185 (+4)

24% less call options, than puts

Call options by funds: $58.6M | Put options by funds: $77.2M

34% less capital invested

Capital invested by funds: $1.89B → $1.25B (-$634M)

Holders
185
Holders Change
+4
Holders Change %
+2.21%
% of All Funds
5.34%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
29
Increased
77
Reduced
55
Closed
23
Calls
$58.6M
Puts
$77.2M
Net Calls
-$18.6M
Net Calls Change
+$67.8M

Top Buyers

1
Citadel Advisors
Citadel Advisors
Florida
+$37.9M
2
SCM
Saba Capital Management
New York
+$28.3M
3
PRCM
Pine River Capital Management
Minnesota
+$26.7M
4
Citigroup
Citigroup
New York
+$17M
5
O
OppenheimerFunds
New York
+$13.2M

Top Sellers

1
Fidelity Investments
Fidelity Investments
Massachusetts
-$30.3M
2
OAMG
Odey Asset Management Group
United Kingdom
-$24.5M
3
Morgan Stanley
Morgan Stanley
New York
-$17.8M
4
Goldman Sachs
Goldman Sachs
New York
-$10.7M
5
Barclays
Barclays
United Kingdom
-$10.4M
Name Holding Trade Value Shares
Change 		Change in
Stake
AGC
101
Angelo Gordon & Co
New York
$807K -$22K -1,200 -2%
PAM
102
Princeton Alpha Management
New Jersey
$797K +$860K +46,884 New
PG
103
PEAK6 Group
Illinois
$773K +$532K +28,982 +176%
CC
104
Cipher Capital
New York
$761K +$822K +44,811 New
T. Rowe Price Associates
105
T. Rowe Price Associates
Maryland
$758K -$75.2K -4,100 -8%
1CM
106
1492 Capital Management
Wisconsin
$738K +$387K +21,108 +95%
SOMRS
107
State of Michigan Retirement System
Michigan
$712K +$56.9K +3,100 +8%
UBS AM
108
UBS AM
Illinois
$707K +$317K +17,300 +71%
N
109
Nuveen
North Carolina
$658K – – –
Nomura Holdings
110
Nomura Holdings
Japan
$639K +$481K +26,208 +229%
OC
111
Oppenheimer & Co
New York
$613K -$1.58M -86,000 -70%
MSA
112
Mason Street Advisors
Wisconsin
$561K +$3.36K +183 +0.6%
Stifel Financial
113
Stifel Financial
Missouri
$499K +$539K +29,364 New
GC
114
Guggenheim Capital
Illinois
$497K +$535K +29,178 New
QSS
115
Quantitative Systematic Strategies
Florida
$493K -$270K -14,711 -34%
HT
116
HAP Trading
New York
$482K -$1.25M -68,207 -71%
LMGAM
117
Liberty Mutual Group Asset Management
Massachusetts
$445K +$149K +8,123 +45%
DG
118
Davidson & Garrard
Virginia
$443K +$18.3K +1,000 +4%
WAM
119
Wolverine Asset Management
Illinois
$436K -$517K -28,200 -52%
TRSOTSOK
120
Teachers Retirement System of the State of Kentucky
Kentucky
$413K – – –
LSERS
121
Louisiana State Employees Retirement System
Louisiana
$406K +$22K +1,200 +5%
OPERF
122
Oregon Public Employees Retirement Fund
Oregon
$405K +$5.5K +300 +1%
LCM
123
Laurion Capital Management
New York
$391K +$422K +23,000 New
MERSOM
124
Municipal Employees' Retirement System of Michigan
Michigan
$389K +$3.67K +200 +0.9%
N
125
Natixis
France
$384K +$415K +22,614 New
3 4
5
6 7

KBH Hedge Fund Activity: Q1 2014 in Review

185 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q1 2014, worth a combined $1.25B — down 34% from $1.89B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new KBH positions and 23 closed out — a net gain of 6 holders — while 77 added to existing stakes and 55 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $37.9M. The largest seller was Fidelity Investments, cutting an estimated $30.3M.

  • 185 institutional investors held KB Home (KBH) as of Q1 2014, up from 181 in Q4 2013.
  • Funds reported $1.25B of KB Home stock for Q1 2014, down 34% quarter-over-quarter.
  • 29 funds opened new KB Home positions in Q1 2014 and 23 closed out, a net change of +6 holders.
  • The largest KB Home buyer in Q1 2014 was Citadel Advisors, an estimated $37.9M added.
  • The largest KB Home seller in Q1 2014 was Fidelity Investments, an estimated $30.3M sold.

Based on aggregated 13F filings for Q1 2014.