KB Home
304 hedge funds and large institutions have $2.7B invested in KB Home in 2020 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 102 increasing their positions, 112 reducing their positions, and 41 closing their positions.
34% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 41
5% more funds holding
Funds holding: 290 → 304 (+14)
1.14% more ownership
Funds ownership: 87.93% → 89.07% (+1.1%)
9% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 112
12% less capital invested
Capital invested by funds: $3.05B → $2.7B (-$358M)
62% less call options, than puts
Call options by funds: $41.3M | Put options by funds: $110M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$61.3M |
| 2 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$25M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
+$13.5M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$12.2M |
| 5 |
BlackRock
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$53.1M |
| 2 |
CCI
Columbus Circle Investors
|
-$22.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$18.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$10.6M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$10.1M |
KBH Hedge Fund Activity: Q4 2020 in Review
304 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q4 2020, worth a combined $2.7B — down 12% from $3.05B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new KBH positions and 41 closed out — a net gain of 14 holders — while 102 added to existing stakes and 112 trimmed.
The largest buyer was Millennium Management, adding an estimated $61.3M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $53.1M sold.
- 304 institutional investors held KB Home (KBH) as of Q4 2020, up from 290 in Q3 2020.
- Funds reported $2.7B of KB Home stock for Q4 2020, down 12% quarter-over-quarter.
- 55 funds opened new KB Home positions in Q4 2020 and 41 closed out, a net change of +14 holders.
- The largest KB Home buyer in Q4 2020 was Millennium Management, an estimated $61.3M added.
- The largest KB Home seller in Q4 2020 was Westfield Capital Management, an estimated $53.1M sold.
Based on aggregated 13F filings for Q4 2020.