Lennar Class B
LEN.B
55 hedge funds and large institutions have $254M invested in Lennar Class B in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 3 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
2% more funds holding
Funds holding: 54 → 55 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.18% less ownership
Funds ownership: 26.85% → 26.67% (-0.18%)
4% less capital invested
Capital invested by funds: $264M → $254M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$2.92M |
| 2 |
VAM
Visium Asset Management
New York
|
+$2.88M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.8M |
| 4 |
HCM
Huber Capital Management
El Segundo,
California
|
+$771K |
| 5 |
CBB
Citizens Business Bank
Ontario,
California
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$6.74M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
-$1.69M |
| 3 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$577K |
| 4 |
Renaissance Technologies
New York
|
-$412K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$368K |
LEN.B Hedge Fund Activity: Q1 2014 in Review
55 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q1 2014, worth a combined $254M — down 3.8% from $264M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LEN.B positions and 3 closed out — a net gain of 2 holders — while 19 added to existing stakes and 10 trimmed.
The largest buyer was GAMCO Investors, adding an estimated $2.92M. The largest seller was BlackRock Investment Management, exiting entirely with an estimated $6.74M sold.
- 55 institutional investors held Lennar Class B (LEN.B) as of Q1 2014, up from 54 in Q4 2013.
- Funds reported $254M of Lennar Class B stock for Q1 2014, down 3.8% quarter-over-quarter.
- 5 funds opened new Lennar Class B positions in Q1 2014 and 3 closed out, a net change of +2 holders.
- The largest Lennar Class B buyer in Q1 2014 was GAMCO Investors, an estimated $2.92M added.
- The largest Lennar Class B seller in Q1 2014 was BlackRock Investment Management, an estimated $6.74M sold.
Based on aggregated 13F filings for Q1 2014.