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394 hedge funds and large institutions have $3.5B invested in KB Home in 2025 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 165 increasing their positions, 134 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 134

8% less call options, than puts

Call options by funds: $129M | Put options by funds: $141M

3.1% less ownership

Funds ownership: 95.14%92.04% (-3.1%)

5% less funds holding

Funds holding: 413394 (-19)

11% less capital invested

Capital invested by funds: $3.95B → $3.5B (-$450M)

22% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 60

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
394
Holders Change
-19
Holders Change %
-4.6%
% of All Funds
5.19%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
47
Increased
165
Reduced
134
Closed
60
Calls
$129M
Puts
$141M
Net Calls
-$11.9M
Net Calls Change
-$11.8M
Name Holding Trade Value Shares
Change
Change in
Stake
X
201
Xponance
Pennsylvania
$532K +$23.8K +448 +5%
Osaic Holdings
202
Osaic Holdings
Arizona
$531K +$167K +3,138 +48%
RC
203
RBF Capital
California
$530K
PCM
204
Penserra Capital Management
California
$500K +$101K +1,894 +25%
State of Wisconsin Investment Board
205
State of Wisconsin Investment Board
Wisconsin
$494K -$192K -3,602 -28%
TRCT
206
Tower Research Capital (TRC)
New York
$481K +$284K +5,335 +142%
SA
207
Sanctuary Advisors
Indiana
$480K +$21.5K +405 +5%
DIP
208
Davis Investment Partners
North Carolina
$480K -$67.5K -1,270 -13%
Renaissance Technologies
209
Renaissance Technologies
New York
$461K -$17.3M -325,800 -97%
CWM
210
CIBC World Markets
New York
$457K -$296K -5,571 -39%
LCM
211
Landscape Capital Management
New Jersey
$448K +$450K +8,454 New
S
212
SignatureFD
Georgia
$446K -$37.6K -707 -8%
HI
213
Horizon Investments
North Carolina
$444K +$447K +8,411 New
CAPTRUST Financial Advisors
214
CAPTRUST Financial Advisors
North Carolina
$441K +$59.9K +1,127 +16%
AI
215
Atria Investments
North Carolina
$427K -$36.6K -688 -8%
SOADOR
216
State of Alaska Department of Revenue
Alaska
$426K -$3.72K -70 -0.9%
OSAM
217
O'Shaughnessy Asset Management
Connecticut
$415K -$988K -18,572 -70%
PFS
218
Prospera Financial Services
Texas
$415K +$177K +3,332 +74%
SAM
219
Shell Asset Management
Netherlands
$411K -$71.3K -1,340 -15%
CGH
220
Crossmark Global Holdings
Texas
$409K +$3.83K +72 +0.9%
GFA
221
Gallagher Fiduciary Advisors
Illinois
$394K +$74K +1,391 +23%
PNC Financial Services Group
222
PNC Financial Services Group
Pennsylvania
$393K +$2.18K +41 +0.6%
BAM
223
Blueshift Asset Management
New Jersey
$384K +$386K +7,249 New
HWMO
224
Heritage Wealth Management (Ohio)
Ohio
$382K -$7.98K -150 -2%
VHAM
225
Van Hulzen Asset Management
California
$381K +$63.8K +1,200 +20%

KBH Hedge Fund Activity: Q2 2025 in Review

394 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q2 2025, worth a combined $3.5B — down 11% from $3.95B a quarter earlier.

Sellers outnumbered buyers: 60 funds closed out of KBH and 47 opened new positions — a net loss of 13 holders — while 134 trimmed existing stakes and 165 added.

The largest buyer was Millennium Management, adding an estimated $49.9M. The largest seller was Fidelity Investments, cutting an estimated $77.8M.

  • 394 institutional investors held KB Home (KBH) as of Q2 2025, down from 413 in Q1 2025.
  • Funds reported $3.5B of KB Home stock for Q2 2025, down 11% quarter-over-quarter.
  • 47 funds opened new KB Home positions in Q2 2025 and 60 closed out, a net change of -13 holders.
  • The largest KB Home buyer in Q2 2025 was Millennium Management, an estimated $49.9M added.
  • The largest KB Home seller in Q2 2025 was Fidelity Investments, an estimated $77.8M sold.

Based on aggregated 13F filings for Q2 2025.