KB Home
205 hedge funds and large institutions have $1.02B invested in KB Home in 2015 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 81 increasing their positions, 55 reducing their positions, and 25 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 55
36% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 25
3% more funds holding
Funds holding: 200 → 205 (+5)
1.69% more ownership
Funds ownership: 88.17% → 89.86% (+1.7%)
7% less capital invested
Capital invested by funds: $1.1B → $1.02B (-$79.1M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
43% less call options, than puts
Call options by funds: $36.3M | Put options by funds: $63.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$54.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16M |
| 3 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$11M |
| 4 |
Renaissance Technologies
New York
|
+$10.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$38.3M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$15.3M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$14.4M |
| 4 |
CANY
Caxton Associates (New York)
New York
|
-$13.2M |
| 5 |
Millennium Management
New York
|
-$12.6M |
KBH Hedge Fund Activity: Q4 2015 in Review
205 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q4 2015, worth a combined $1.02B — down 7.2% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new KBH positions and 25 closed out — a net gain of 9 holders — while 81 added to existing stakes and 55 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $54.6M. The largest seller was Balyasny Asset Management, cutting an estimated $38.3M.
- 205 institutional investors held KB Home (KBH) as of Q4 2015, up from 200 in Q3 2015.
- Funds reported $1.02B of KB Home stock for Q4 2015, down 7.2% quarter-over-quarter.
- 34 funds opened new KB Home positions in Q4 2015 and 25 closed out, a net change of +9 holders.
- The largest KB Home buyer in Q4 2015 was Donald Smith & Co, an estimated $54.6M added.
- The largest KB Home seller in Q4 2015 was Balyasny Asset Management, an estimated $38.3M sold.
Based on aggregated 13F filings for Q4 2015.