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354 hedge funds and large institutions have $3.58B invested in KB Home in 2023 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 128 increasing their positions, 129 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.9% more ownership

Funds ownership: 90.2%95.1% (+4.9%)

1% less repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 129

9% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 47

2% less funds holding

Funds holding: 361354 (-7)

7% less capital invested

Capital invested by funds: $3.85B → $3.58B (-$269M)

83% less call options, than puts

Call options by funds: $108M | Put options by funds: $652M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
354
Holders Change
-7
Holders Change %
-1.94%
% of All Funds
5.62%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
43
Increased
128
Reduced
129
Closed
47
Calls
$108M
Puts
$652M
Net Calls
-$544M
Net Calls Change
+$22.2M
Name Holding Trade Value Shares
Change
Change in
Stake
NA
201
NewEdge Advisors
Louisiana
$548K +$9.96K +196 +2%
JF
202
Jump Financial
Illinois
$532K -$4.49M -88,338 -88%
Lazard Asset Management
203
Lazard Asset Management
New York
$532K +$289K +5,680 +97%
X
204
Xponance
Pennsylvania
$522K -$5.79K -114 -1%
PCM
205
Penserra Capital Management
California
$519K
Truist Financial
206
Truist Financial
North Carolina
$513K -$112K -2,198 -17%
Osaic Holdings
207
Osaic Holdings
Arizona
$509K +$70.1K +1,379 +14%
VPIM
208
Vanguard Personalized Indexing Management
California
$507K -$37.9K -746 -6%
Creative Planning
209
Creative Planning
Kansas
$503K +$38.7K +761 +8%
DT
210
Diversified Trust
Tennessee
$497K -$85.3K -1,679 -14%
Commonwealth Equity Services
211
Commonwealth Equity Services
Massachusetts
$497K -$360K -7,089 -40%
WAP
212
Wealthcare Advisory Partners
Pennsylvania
$496K -$24.1K -475 -4%
HSBC Holdings
213
HSBC Holdings
United Kingdom
$493K +$286K +5,633 +112%
JMPWA
214
JP Morgan Private Wealth Advisors
California
$487K -$92.4K -1,817 -15%
Franklin Resources
215
Franklin Resources
California
$475K +$294K +5,774 +128%
EF
216
Empirical Finance
Pennsylvania
$474K +$3.91K +77 +0.8%
RC
217
RBF Capital
California
$463K
Allspring Global Investments
218
Allspring Global Investments
North Carolina
$457K +$31.7K +624 +7%
CIM
219
CIM Investment Management
Pennsylvania
$441K
CAPTRUST Financial Advisors
220
CAPTRUST Financial Advisors
North Carolina
$440K +$23.8K +468 +5%
Pacer Advisors
221
Pacer Advisors
Pennsylvania
$433K -$241K -4,735 -34%
SW
222
SkyOak Wealth
Michigan
$430K -$9.86K -194 -2%
SOADOR
223
State of Alaska Department of Revenue
Alaska
$430K -$32.8K -645 -6%
US Bancorp
224
US Bancorp
Minnesota
$413K -$108K -2,118 -19%
PNC Financial Services Group
225
PNC Financial Services Group
Pennsylvania
$412K +$43.6K +858 +11%

KBH Hedge Fund Activity: Q3 2023 in Review

354 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q3 2023, worth a combined $3.58B — down 7% from $3.85B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of KBH and 43 opened new positions — a net loss of 4 holders — while 129 trimmed existing stakes and 128 added.

The largest buyer was Goldman Sachs, adding an estimated $78.7M. The largest seller was Fidelity Investments, cutting an estimated $81.1M.

  • 354 institutional investors held KB Home (KBH) as of Q3 2023, down from 361 in Q2 2023.
  • Funds reported $3.58B of KB Home stock for Q3 2023, down 7% quarter-over-quarter.
  • 43 funds opened new KB Home positions in Q3 2023 and 47 closed out, a net change of -4 holders.
  • The largest KB Home buyer in Q3 2023 was Goldman Sachs, an estimated $78.7M added.
  • The largest KB Home seller in Q3 2023 was Fidelity Investments, an estimated $81.1M sold.

Based on aggregated 13F filings for Q3 2023.