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190 hedge funds and large institutions have $1.37B invested in KB Home in 2014 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 53 increasing their positions, 74 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 19

15% more call options, than puts

Call options by funds: $74.1M | Put options by funds: $64.7M

8% more funds holding

Funds holding: 176190 (+14)

6% more capital invested

Capital invested by funds: $1.3B → $1.37B (+$76.1M)

4.12% less ownership

Funds ownership: 94.92%90.8% (-4.1%)

28% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 74

Holders
190
Holders Change
+14
Holders Change %
+7.95%
% of All Funds
5.07%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
36
Increased
53
Reduced
74
Closed
19
Calls
$74.1M
Puts
$64.7M
Net Calls
+$9.48M
Net Calls Change
-$31M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$196M -$5.43M -337,910 -3%
BFA
2
BlackRock Fund Advisors
California
$105M +$5.36M +333,506 +6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$89.7M +$1.3M +80,892 +2%
TG
4
TCW Group
California
$76.3M +$1.56M +96,919 +2%
Citadel Advisors
5
Citadel Advisors
Florida
$68.4M +$26.2M +1,630,882 +65%
OAMG
6
Odey Asset Management Group
United Kingdom
$65.8M +$21.1M +1,313,944 +49%
Franklin Resources
7
Franklin Resources
California
$63.7M -$238K -14,813 -0.4%
BIT
8
BlackRock Institutional Trust
California
$50.2M +$1.67M +104,119 +4%
MVP
9
Miller Value Partners
Florida
$44.9M +$10.7M +664,425 +32%
State Street
10
State Street
Massachusetts
$43.5M +$275K +17,087 +0.7%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$35.9M +$253K +15,715 +0.7%
VFA
12
Virtus Fund Advisers
Connecticut
$35.8M -$5.52M -343,550 -14%
Ameriprise
13
Ameriprise
Minnesota
$29.7M -$2.19M -136,182 -7%
SDIC
14
South Dakota Investment Council
South Dakota
$27.7M +$82K +5,100 +0.3%
EAM
15
Eagle Asset Management
Florida
$24.9M +$24.2M +1,505,975 New
Northern Trust
16
Northern Trust
Illinois
$20.9M -$455K -28,310 -2%
Balyasny Asset Management
17
Balyasny Asset Management
Illinois
$18.3M -$19.9M -1,238,314 -53%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$18.2M +$349K +21,694 +2%
O
19
OppenheimerFunds
New York
$17.5M +$2.34M +145,613 +16%
Wells Fargo
20
Wells Fargo
California
$15.3M +$58.5K +3,639 +0.4%
IIM
21
Ivory Investment Management
New York
$12.8M +$1.59M +98,964 +15%
Bank of America
22
Bank of America
North Carolina
$12.7M -$1.9M -118,016 -13%
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$11.4M +$1.58M +98,553 +17%
KLWA
24
Kelly Lawrence W & Associates
California
$10.6M -$112K -7,000 -1%
Federated Hermes
25
Federated Hermes
Pennsylvania
$10.2M -$434K -27,018 -4%

KBH Hedge Fund Activity: Q4 2014 in Review

190 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q4 2014, worth a combined $1.37B — up 5.9% from $1.3B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new KBH positions and 19 closed out — a net gain of 17 holders — while 53 added to existing stakes and 74 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $26.2M. The largest seller was Samlyn Capital, exiting entirely with an estimated $65.5M sold.

  • 190 institutional investors held KB Home (KBH) as of Q4 2014, up from 176 in Q3 2014.
  • Funds reported $1.37B of KB Home stock for Q4 2014, up 5.9% quarter-over-quarter.
  • 36 funds opened new KB Home positions in Q4 2014 and 19 closed out, a net change of +17 holders.
  • The largest KB Home buyer in Q4 2014 was Citadel Advisors, an estimated $26.2M added.
  • The largest KB Home seller in Q4 2014 was Samlyn Capital, an estimated $65.5M sold.

Based on aggregated 13F filings for Q4 2014.