Lennar Class B
LEN.B
195 hedge funds and large institutions have $630M invested in Lennar Class B in 2020 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 51 increasing their positions, 50 reducing their positions, and 21 closing their positions.
59% more capital invested
Capital invested by funds: $397M → $630M (+$233M)
52% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 21
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
5% more funds holding
Funds holding: 185 → 195 (+10)
2% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 50
0.05% less ownership
Funds ownership: 38.28% → 38.23% (-0.05%)
71% less call options, than puts
Call options by funds: $1.68M | Put options by funds: $5.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$16.9M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$9.81M |
| 3 |
RAM
RWC Asset Management
London,
United Kingdom
|
+$4.89M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.87M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$11.2M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$9.09M |
| 3 |
TAM
Third Avenue Management
New York
|
-$6.93M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$6.63M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
-$3.82M |
LEN.B Hedge Fund Activity: Q2 2020 in Review
195 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q2 2020, worth a combined $630M — up 59% from $397M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new LEN.B positions and 21 closed out — a net gain of 11 holders — while 51 added to existing stakes and 50 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $16.9M. The largest seller was Sculptor Capital, exiting entirely with an estimated $11.2M sold.
- 195 institutional investors held Lennar Class B (LEN.B) as of Q2 2020, up from 185 in Q1 2020.
- Funds reported $630M of Lennar Class B stock for Q2 2020, up 59% quarter-over-quarter.
- 32 funds opened new Lennar Class B positions in Q2 2020 and 21 closed out, a net change of +11 holders.
- The largest Lennar Class B buyer in Q2 2020 was HSBC Holdings, an estimated $16.9M added.
- The largest Lennar Class B seller in Q2 2020 was Sculptor Capital, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2020.