Lennar Class B
LEN.B
59 hedge funds and large institutions have $282M invested in Lennar Class B in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 0 closing their positions.
11% more capital invested
Capital invested by funds: $254M → $282M (+$27.6M)
7% more funds holding
Funds holding: 55 → 59 (+4)
0.54% more ownership
Funds ownership: 26.67% → 27.21% (+0.54%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gabelli Funds
Rye,
New York
|
+$4.66M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$4.4M |
| 3 |
THSP
Taube Hodson Stonex Partners
London,
United Kingdom
|
+$1.54M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$1.29M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$2.82M |
| 2 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$2.08M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$1.34M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$830K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$204K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BlackRock
New York
| $4K | – | – | – |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $3K | -$11K | -351 | -80% |
|
53
First Manhattan
New York
| $2K | – | – | – |
|
|
BFA
54
BlackRock Fund Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
AWCI
55
Alpine Woods Capital Investors
Purchase,
New York
| $484 | – | – | – |
|
56
Creative Planning
Overland Park,
Kansas
| – | +$62 | +2 | New |
|
LEN.B Hedge Fund Activity: Q2 2014 in Review
59 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q2 2014, worth a combined $282M — up 11% from $254M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LEN.B positions and 0 closed out — a net gain of 5 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Gabelli Funds, adding an estimated $4.66M. The largest seller was Huber Capital Management, cutting an estimated $2.82M.
- 59 institutional investors held Lennar Class B (LEN.B) as of Q2 2014, up from 55 in Q1 2014.
- Funds reported $282M of Lennar Class B stock for Q2 2014, up 11% quarter-over-quarter.
- 5 funds opened new Lennar Class B positions in Q2 2014 and 0 closed out, a net change of +5 holders.
- The largest Lennar Class B buyer in Q2 2014 was Gabelli Funds, an estimated $4.66M added.
- The largest Lennar Class B seller in Q2 2014 was Huber Capital Management, an estimated $2.82M sold.
Based on aggregated 13F filings for Q2 2014.