KB Home
271 hedge funds and large institutions have $2.66B invested in KB Home in 2017 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 90 increasing their positions, 91 reducing their positions, and 44 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
32% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 44
30% more capital invested
Capital invested by funds: $2.04B → $2.66B (+$614M)
5% more funds holding
Funds holding: 258 → 271 (+13)
1% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 91
3.01% less ownership
Funds ownership: 99.09% → 96.08% (-3%)
52% less call options, than puts
Call options by funds: $39.3M | Put options by funds: $82.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$40.7M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$30.8M |
| 3 |
SIM
Sadoff Investment Management
Milwaukee,
Wisconsin
|
+$29.4M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$26.5M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
-$109M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.2M |
| 3 |
Morgan Stanley
New York
|
-$19.8M |
| 4 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$14.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$12.6M |
KBH Hedge Fund Activity: Q4 2017 in Review
271 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q4 2017, worth a combined $2.66B — up 30% from $2.04B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new KBH positions and 44 closed out — a net gain of 14 holders — while 90 added to existing stakes and 91 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $40.7M. The largest seller was Donald Smith & Co, cutting an estimated $109M.
- 271 institutional investors held KB Home (KBH) as of Q4 2017, up from 258 in Q3 2017.
- Funds reported $2.66B of KB Home stock for Q4 2017, up 30% quarter-over-quarter.
- 58 funds opened new KB Home positions in Q4 2017 and 44 closed out, a net change of +14 holders.
- The largest KB Home buyer in Q4 2017 was Renaissance Technologies, an estimated $40.7M added.
- The largest KB Home seller in Q4 2017 was Donald Smith & Co, an estimated $109M sold.
Based on aggregated 13F filings for Q4 2017.