KB Home
354 hedge funds and large institutions have $3.58B invested in KB Home in 2023 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 128 increasing their positions, 129 reducing their positions, and 47 closing their positions.
4.9% more ownership
Funds ownership: 90.2% → 95.1% (+4.9%)
1% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 129
9% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 47
2% less funds holding
Funds holding: 361 → 354 (-7)
7% less capital invested
Capital invested by funds: $3.85B → $3.58B (-$269M)
83% less call options, than puts
Call options by funds: $108M | Put options by funds: $652M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$78.7M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$62.2M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$31.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$26.6M |
| 5 |
Renaissance Technologies
New York
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$81.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$26M |
| 3 |
Man Group
London,
United Kingdom
|
-$17.2M |
| 4 |
Millennium Management
New York
|
-$15.7M |
| 5 |
Holocene Advisors
New York
|
-$9.2M |
KBH Hedge Fund Activity: Q3 2023 in Review
354 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in KB Home (KBH) for Q3 2023, worth a combined $3.58B — down 7% from $3.85B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of KBH and 43 opened new positions — a net loss of 4 holders — while 129 trimmed existing stakes and 128 added.
The largest buyer was Goldman Sachs, adding an estimated $78.7M. The largest seller was Fidelity Investments, cutting an estimated $81.1M.
- 354 institutional investors held KB Home (KBH) as of Q3 2023, down from 361 in Q2 2023.
- Funds reported $3.58B of KB Home stock for Q3 2023, down 7% quarter-over-quarter.
- 43 funds opened new KB Home positions in Q3 2023 and 47 closed out, a net change of -4 holders.
- The largest KB Home buyer in Q3 2023 was Goldman Sachs, an estimated $78.7M added.
- The largest KB Home seller in Q3 2023 was Fidelity Investments, an estimated $81.1M sold.
Based on aggregated 13F filings for Q3 2023.