KB Home
238 hedge funds and large institutions have $1.46B invested in KB Home in 2018 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 86 increasing their positions, 75 reducing their positions, and 55 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 75
2.3% less ownership
Funds ownership: 88.66% → 86.35% (-2.3%)
6% less funds holding
Funds holding: 253 → 238 (-15)
21% less capital invested
Capital invested by funds: $1.85B → $1.46B (-$396M)
25% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 55
73% less call options, than puts
Call options by funds: $20.8M | Put options by funds: $76M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$30.1M |
| 2 |
LCM
Lakewood Capital Management
New York
|
+$24.4M |
| 3 |
ZDA
Zweig-DiMenna Associates
New York
|
+$20.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$13.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sadoff Investment Management
Milwaukee,
Wisconsin
|
-$24.5M |
| 2 |
Millennium Management
New York
|
-$22.3M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$19M |
| 4 |
PP
PDT Partners
New York
|
-$14M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
-$12.4M |
KBH Hedge Fund Activity: Q4 2018 in Review
238 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q4 2018, worth a combined $1.46B — down 21% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of KBH and 41 opened new positions — a net loss of 14 holders — while 75 trimmed existing stakes and 86 added.
The largest buyer was Renaissance Technologies, adding an estimated $30.1M. The largest seller was Sadoff Investment Management, exiting entirely with an estimated $24.5M sold.
- 238 institutional investors held KB Home (KBH) as of Q4 2018, down from 253 in Q3 2018.
- Funds reported $1.46B of KB Home stock for Q4 2018, down 21% quarter-over-quarter.
- 41 funds opened new KB Home positions in Q4 2018 and 55 closed out, a net change of -14 holders.
- The largest KB Home buyer in Q4 2018 was Renaissance Technologies, an estimated $30.1M added.
- The largest KB Home seller in Q4 2018 was Sadoff Investment Management, an estimated $24.5M sold.
Based on aggregated 13F filings for Q4 2018.