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361 hedge funds and large institutions have $3.85B invested in KB Home in 2023 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 84 increasing their positions, 145 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 42

22% more capital invested

Capital invested by funds: $3.14B → $3.85B (+$704M)

12% more funds holding

Funds holding: 322361 (+39)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3.22% less ownership

Funds ownership: 93.42%90.2% (-3.2%)

42% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 145

81% less call options, than puts

Call options by funds: $129M | Put options by funds: $695M

Holders
361
Holders Change
+39
Holders Change %
+12.11%
% of All Funds
5.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
83
Increased
84
Reduced
145
Closed
42
Calls
$129M
Puts
$695M
Net Calls
-$566M
Net Calls Change
-$188M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$533M +$3.94M +87,274 +0.9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$391M -$6.47M -143,469 -2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$326M +$5.58M +123,607 +2%
Macquarie Group
4
Macquarie Group
Australia
$185M -$13.4M -297,387 -8%
Capital World Investors
5
Capital World Investors
California
$153M
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$145M -$2.18M -48,380 -2%
Fisher Asset Management
7
Fisher Asset Management
Washington
$140M +$672K +14,884 +0.6%
State Street
8
State Street
Massachusetts
$138M -$5.36M -118,691 -4%
Arrowstreet Capital
9
Arrowstreet Capital
Massachusetts
$126M +$81.8M +1,812,745 +294%
Balyasny Asset Management
10
Balyasny Asset Management
Illinois
$121M +$23.2M +513,499 +28%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$80.5M +$2.28M +50,460 +3%
AQR Capital Management
12
AQR Capital Management
Connecticut
$67M -$16.5M -365,225 -22%
Invesco
13
Invesco
Georgia
$63.4M +$11.8M +261,025 +27%
Northern Trust
14
Northern Trust
Illinois
$60.9M -$572K -12,684 -1%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$54.4M -$1.07M -23,698 -2%
PAMS
16
Pictet Asset Management (Switzerland)
Switzerland
$51M -$18.1M -402,195 -29%
AllianceBernstein
17
AllianceBernstein
Tennessee
$50.9M -$112M -2,492,959 -72%
American Century Companies
18
American Century Companies
Missouri
$48.9M +$17.8M +394,513 +72%
Ameriprise
19
Ameriprise
Minnesota
$47.2M -$2.79M -61,936 -6%
Morgan Stanley
20
Morgan Stanley
New York
$41.8M +$3.58M +79,438 +11%
Charles Schwab
21
Charles Schwab
California
$36.3M -$503K -11,154 -2%
Millennium Management
22
Millennium Management
New York
$34M -$5.21M -115,470 -15%
ACB
23
Aristotle Capital Boston
Massachusetts
$30.9M +$623K +13,805 +2%
Norges Bank
24
Norges Bank
Norway
$30.5M -$3.61M -80,098 -12%
LSV Asset Management
25
LSV Asset Management
Illinois
$29.7M -$13.5K -300 -0.1%

KBH Hedge Fund Activity: Q2 2023 in Review

361 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q2 2023, worth a combined $3.85B — up 22% from $3.14B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new KBH positions and 42 closed out — a net gain of 41 holders — while 84 added to existing stakes and 145 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $81.8M. The largest seller was AllianceBernstein, cutting an estimated $112M.

  • 361 institutional investors held KB Home (KBH) as of Q2 2023, up from 322 in Q1 2023.
  • Funds reported $3.85B of KB Home stock for Q2 2023, up 22% quarter-over-quarter.
  • 83 funds opened new KB Home positions in Q2 2023 and 42 closed out, a net change of +41 holders.
  • The largest KB Home buyer in Q2 2023 was Arrowstreet Capital, an estimated $81.8M added.
  • The largest KB Home seller in Q2 2023 was AllianceBernstein, an estimated $112M sold.

Based on aggregated 13F filings for Q2 2023.