Lennar Class B
LEN.B
77 hedge funds and large institutions have $286M invested in Lennar Class B in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 14 closing their positions.
1,183% more call options, than puts
Call options by funds: $154K | Put options by funds: $12K
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.09% less ownership
Funds ownership: 26.43% → 25.33% (-1.1%)
6% less funds holding
Funds holding: 82 → 77 (-5)
8% less capital invested
Capital invested by funds: $310M → $286M (-$24.2M)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.68M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$1.07M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$840K |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$765K |
| 5 |
FNYS
First New York Securities
New York
|
+$707K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$5.3M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$4.14M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.81M |
| 4 |
JG
Jefferies Group
New York
|
-$1.54M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$1.29M |
LEN.B Hedge Fund Activity: Q1 2016 in Review
77 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q1 2016, worth a combined $286M — down 7.8% from $310M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LEN.B and 9 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 24 added.
The largest buyer was Landscape Capital Management, adding an estimated $1.68M. The largest seller was Huber Capital Management, cutting an estimated $5.3M.
- 77 institutional investors held Lennar Class B (LEN.B) as of Q1 2016, down from 82 in Q4 2015.
- Funds reported $286M of Lennar Class B stock for Q1 2016, down 7.8% quarter-over-quarter.
- 9 funds opened new Lennar Class B positions in Q1 2016 and 14 closed out, a net change of -5 holders.
- The largest Lennar Class B buyer in Q1 2016 was Landscape Capital Management, an estimated $1.68M added.
- The largest Lennar Class B seller in Q1 2016 was Huber Capital Management, an estimated $5.3M sold.
Based on aggregated 13F filings for Q1 2016.