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230 hedge funds and large institutions have $2.05B invested in KB Home in 2019 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 65 increasing their positions, 86 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $1.92B → $2.05B (+$129M)

8% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 39

0.11% more ownership

Funds ownership: 91.16%91.27% (+0.11%)

1% less funds holding

Funds holding: 232230 (-2)

24% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 86

81% less call options, than puts

Call options by funds: $25.9M | Put options by funds: $133M

Holders
230
Holders Change
-2
Holders Change %
-0.86%
% of All Funds
5%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
42
Increased
65
Reduced
86
Closed
39
Calls
$25.9M
Puts
$133M
Net Calls
-$107M
Net Calls Change
-$37.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$271M +$295K +11,457 +0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$212M +$4.36M +169,523 +2%
Capital World Investors
3
Capital World Investors
California
$98.5M +$3.01M +117,000 +3%
Millennium Management
4
Millennium Management
New York
$94.3M +$77M +2,991,189 +444%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$78.5M -$5.11M -198,353 -6%
Fisher Asset Management
6
Fisher Asset Management
Washington
$78.4M -$1.3M -50,479 -2%
Goldman Sachs
7
Goldman Sachs
New York
$76.7M +$6.38M +247,976 +9%
Balyasny Asset Management
8
Balyasny Asset Management
Illinois
$74.1M +$64.5M +2,505,382 +667%
Renaissance Technologies
9
Renaissance Technologies
New York
$73.9M -$14.5M -563,153 -16%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$72.8M +$221K +8,588 +0.3%
JP Morgan Chase
11
JP Morgan Chase
New York
$72.1M -$9.71M -377,286 -12%
State Street
12
State Street
Massachusetts
$72.1M +$461K +17,896 +0.6%
AQR Capital Management
13
AQR Capital Management
Connecticut
$71M -$22.2M -860,399 -24%
Citadel Advisors
14
Citadel Advisors
Florida
$58.3M +$7.48M +290,737 +15%
Northern Trust
15
Northern Trust
Illinois
$45.3M +$4.41M +171,242 +11%
Ameriprise
16
Ameriprise
Minnesota
$34.7M -$576K -22,392 -2%
Norges Bank
17
Norges Bank
Norway
$33.1M -$976K -37,893 -3%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$31.8M +$688K +26,726 +2%
PAM
19
Panagora Asset Management
Massachusetts
$23.3M -$273K -10,604 -1%
Charles Schwab
20
Charles Schwab
California
$19.5M -$2.83M -109,992 -13%
LSV Asset Management
21
LSV Asset Management
Illinois
$19.3M -$440K -17,100 -2%
Ninety One (UK)
22
Ninety One (UK)
United Kingdom
$18.1M -$6.46M -251,092 -26%
Federated Hermes
23
Federated Hermes
Pennsylvania
$17.1M -$2.05M -79,466 -11%
FP
24
Foundry Partners
Minnesota
$13.3M -$4.12M -160,144 -24%
N
25
Nuveen
North Carolina
$12.5M +$11.1M +431,512 +804%

KBH Hedge Fund Activity: Q2 2019 in Review

230 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q2 2019, worth a combined $2.05B — up 6.7% from $1.92B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new KBH positions and 39 closed out — a net gain of 3 holders — while 65 added to existing stakes and 86 trimmed.

The largest buyer was Millennium Management, adding an estimated $77M. The largest seller was Lakewood Capital Management, exiting entirely with an estimated $26.5M sold.

  • 230 institutional investors held KB Home (KBH) as of Q2 2019, down from 232 in Q1 2019.
  • Funds reported $2.05B of KB Home stock for Q2 2019, up 6.7% quarter-over-quarter.
  • 42 funds opened new KB Home positions in Q2 2019 and 39 closed out, a net change of +3 holders.
  • The largest KB Home buyer in Q2 2019 was Millennium Management, an estimated $77M added.
  • The largest KB Home seller in Q2 2019 was Lakewood Capital Management, an estimated $26.5M sold.

Based on aggregated 13F filings for Q2 2019.