KB Home
176 hedge funds and large institutions have $1.27B invested in KB Home in 2013 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 83 increasing their positions, 43 reducing their positions, and 31 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 43
4.75% more ownership
Funds ownership: 79.48% → 84.23% (+4.7%)
1% more capital invested
Capital invested by funds: $1.26B → $1.27B (+$6.67M)
6% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 31
3% less funds holding
Funds holding: 181 → 176 (-5)
60% less call options, than puts
Call options by funds: $54.9M | Put options by funds: $136M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$35.8M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$15M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
+$8.97M |
| 4 |
JP Morgan Chase
New York
|
+$8.71M |
| 5 |
Goldman Sachs
New York
|
+$8.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$10.9M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.85M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$8.44M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.72M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$6.32M |
KBH Hedge Fund Activity: Q3 2013 in Review
176 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q3 2013, worth a combined $1.27B — up 0.53% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of KBH and 29 opened new positions — a net loss of 2 holders — while 43 trimmed existing stakes and 83 added.
The largest buyer was Millennium Management, adding an estimated $35.8M. The largest seller was Pine River Capital Management, exiting entirely with an estimated $10.9M sold.
- 176 institutional investors held KB Home (KBH) as of Q3 2013, down from 181 in Q2 2013.
- Funds reported $1.27B of KB Home stock for Q3 2013, up 0.53% quarter-over-quarter.
- 29 funds opened new KB Home positions in Q3 2013 and 31 closed out, a net change of -2 holders.
- The largest KB Home buyer in Q3 2013 was Millennium Management, an estimated $35.8M added.
- The largest KB Home seller in Q3 2013 was Pine River Capital Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2013.