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256 hedge funds and large institutions have $2.74B invested in KB Home in 2019 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 78 increasing their positions, 83 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

84% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 31

34% more capital invested

Capital invested by funds: $2.05B → $2.74B (+$699M)

11% more funds holding

Funds holding: 230256 (+26)

0.23% more ownership

Funds ownership: 91.27%91.49% (+0.23%)

6% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 83

54% less call options, than puts

Call options by funds: $59.7M | Put options by funds: $128M

Holders
256
Holders Change
+26
Holders Change %
+11.3%
% of All Funds
5.61%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
57
Increased
78
Reduced
83
Closed
31
Calls
$59.7M
Puts
$128M
Net Calls
-$68.8M
Net Calls Change
+$38.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$377M +$15.2M +541,765 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$281M +$332K +11,846 +0.1%
Capital World Investors
3
Capital World Investors
California
$119M -$9.41M -336,127 -9%
Fisher Asset Management
4
Fisher Asset Management
Washington
$103M -$792K -28,286 -0.9%
Goldman Sachs
5
Goldman Sachs
New York
$101M -$194K -6,917 -0.2%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$97.5M +$1.11M +39,637 +1%
Citadel Advisors
7
Citadel Advisors
Florida
$96.5M +$16M +572,655 +25%
State Street
8
State Street
Massachusetts
$94.1M -$895K -31,962 -1%
Renaissance Technologies
9
Renaissance Technologies
New York
$78.9M -$15.5M -552,200 -19%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$78.2M -$21M -750,880 -25%
AQR Capital Management
11
AQR Capital Management
Connecticut
$68.7M -$20.7M -738,253 -27%
JP Morgan Chase
12
JP Morgan Chase
New York
$66.2M -$25M -892,105 -31%
Northern Trust
13
Northern Trust
Illinois
$64.8M +$4.06M +145,002 +8%
Macquarie Group
14
Macquarie Group
Australia
$54.7M +$45M +1,607,703 New
Ameriprise
15
Ameriprise
Minnesota
$44.5M -$1.1M -39,405 -3%
Norges Bank
16
Norges Bank
Norway
$43.7M
Geode Capital Management
17
Geode Capital Management
Massachusetts
$42M -$59.3K -2,120 -0.2%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$37.8M +$29.7M +1,060,659 +2,037%
RCAMU
19
Rothschild & Co Asset Management US
Connecticut
$33.7M +$27.7M +990,653 New
SCM
20
Suvretta Capital Management
New York
$33M +$27.1M +969,209 New
Millennium Management
21
Millennium Management
New York
$31.6M -$76.6M -2,734,919 -75%
Balyasny Asset Management
22
Balyasny Asset Management
Illinois
$31.3M -$54.8M -1,959,203 -68%
Marshall Wace
23
Marshall Wace
United Kingdom
$29.7M +$16.7M +597,448 +216%
N
24
Nuveen
North Carolina
$28.2M +$9.62M +343,535 +71%
Charles Schwab
25
Charles Schwab
California
$28M +$1.9M +67,821 +9%

KBH Hedge Fund Activity: Q3 2019 in Review

256 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q3 2019, worth a combined $2.74B — up 34% from $2.05B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new KBH positions and 31 closed out — a net gain of 26 holders — while 78 added to existing stakes and 83 trimmed.

The largest buyer was Macquarie Group, opening a new position worth an estimated $45M. The largest seller was Millennium Management, cutting an estimated $76.6M.

  • 256 institutional investors held KB Home (KBH) as of Q3 2019, up from 230 in Q2 2019.
  • Funds reported $2.74B of KB Home stock for Q3 2019, up 34% quarter-over-quarter.
  • 57 funds opened new KB Home positions in Q3 2019 and 31 closed out, a net change of +26 holders.
  • The largest KB Home buyer in Q3 2019 was Macquarie Group, an estimated $45M added.
  • The largest KB Home seller in Q3 2019 was Millennium Management, an estimated $76.6M sold.

Based on aggregated 13F filings for Q3 2019.