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253 hedge funds and large institutions have $1.49B invested in KB Home in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 106 increasing their positions, 71 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 71

2.66% more ownership

Funds ownership: 89.14%91.81% (+2.7%)

7% less funds holding

Funds holding: 273253 (-20)

28% less call options, than puts

Call options by funds: $30.9M | Put options by funds: $42.9M

29% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 62

45% less capital invested

Capital invested by funds: $2.7B → $1.49B (-$1.21B)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
253
Holders Change
-20
Holders Change %
-7.33%
% of All Funds
5.58%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
44
Increased
106
Reduced
71
Closed
62
Calls
$30.9M
Puts
$42.9M
Net Calls
-$12M
Net Calls Change
+$56.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$192M -$7.69M -240,086 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$153M +$5.62M +175,399 +2%
Capital World Investors
3
Capital World Investors
California
$58.1M +$35M +1,093,519 +52%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$52.8M +$2.01M +62,764 +2%
Macquarie Group
5
Macquarie Group
Australia
$52.5M +$35.6M +1,110,975 +62%
State Street
6
State Street
Massachusetts
$50M +$287K +8,970 +0.3%
AQR Capital Management
7
AQR Capital Management
Connecticut
$47.4M +$29M +904,045 +53%
Renaissance Technologies
8
Renaissance Technologies
New York
$46.7M +$8.46M +264,200 +11%
Fisher Asset Management
9
Fisher Asset Management
Washington
$45M -$1.11M -34,696 -1%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$35.5M +$30.2M +941,475 +92%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$35M +$3.17M +98,961 +5%
Northern Trust
12
Northern Trust
Illinois
$33.2M +$428K +13,359 +0.7%
Goldman Sachs
13
Goldman Sachs
New York
$26.8M -$31.1M -970,829 -40%
N
14
Nuveen
North Carolina
$26.3M -$783K -24,433 -2%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$24.5M +$2.29M +71,555 +6%
Norges Bank
16
Norges Bank
Norway
$23.3M
GA
17
Greenhaven Associates
New York
$21.4M +$37.9M +1,183,300 New
CGM
18
Capital Growth Management
Massachusetts
$20.8M +$36.8M +1,150,000 New
Ameriprise
19
Ameriprise
Minnesota
$19.7M +$5.18M +161,676 +17%
IAM
20
Impala Asset Management
Florida
$19.6M +$13.3M +414,999 +62%
Millennium Management
21
Millennium Management
New York
$19.2M -$509K -15,894 -1%
Victory Capital Management
22
Victory Capital Management
Texas
$17.4M +$25.7M +801,349 +501%
LSV Asset Management
23
LSV Asset Management
Illinois
$17.1M +$2.74M +85,600 +10%
Marshall Wace
24
Marshall Wace
United Kingdom
$16.9M +$10.8M +335,973 +56%
Wellington Management Group
25
Wellington Management Group
Massachusetts
$16.1M +$21.9M +682,349 +332%

KBH Hedge Fund Activity: Q1 2020 in Review

253 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q1 2020, worth a combined $1.49B — down 45% from $2.7B a quarter earlier.

Sellers outnumbered buyers: 62 funds closed out of KBH and 44 opened new positions — a net loss of 18 holders — while 71 trimmed existing stakes and 106 added.

The largest buyer was Greenhaven Associates, opening a new position worth an estimated $37.9M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $66.4M sold.

  • 253 institutional investors held KB Home (KBH) as of Q1 2020, down from 273 in Q4 2019.
  • Funds reported $1.49B of KB Home stock for Q1 2020, down 45% quarter-over-quarter.
  • 44 funds opened new KB Home positions in Q1 2020 and 62 closed out, a net change of -18 holders.
  • The largest KB Home buyer in Q1 2020 was Greenhaven Associates, an estimated $37.9M added.
  • The largest KB Home seller in Q1 2020 was Balyasny Asset Management, an estimated $66.4M sold.

Based on aggregated 13F filings for Q1 2020.