Lennar Class B
LEN.B
54 hedge funds and large institutions have $263M invested in Lennar Class B in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 6 closing their positions.
6% more capital invested
Capital invested by funds: $249M → $263M (+$13.9M)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
1.69% less ownership
Funds ownership: 26.68% → 24.99% (-1.7%)
2% less funds holding
Funds holding: 55 → 54 (-1)
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gabelli Funds
Rye,
New York
|
+$4.24M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$2.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.31M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$678K |
| 5 |
SC
Sculptor Capital
New York
|
+$482K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$10.3M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
-$7.08M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$3.56M |
| 4 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
-$1.91M |
| 5 |
VAM
Visium Asset Management
New York
|
-$1.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BlackRock
New York
| $4K | – | – | – |
|
52
First Manhattan
New York
| $2K | – | – | – |
|
|
LMGAM
53
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| – | -$1.91M | -64,116 | Closed |
|
|
MIG
54
Mariner Investment Group
Harrison,
New York
| – | -$922K | -30,904 | Closed |
|
55
Ameriprise
Minneapolis,
Minnesota
| – | -$54K | -1,832 | Closed |
|
|
BFA
56
BlackRock Fund Advisors
San Francisco,
California
| – | -$1K | -38 | Closed |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -17 | Closed |
|
LEN.B Hedge Fund Activity: Q4 2014 in Review
54 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q4 2014, worth a combined $263M — up 5.6% from $249M a quarter earlier.
Fund positioning in LEN.B was balanced in Q4 2014: 6 funds opened new positions, 6 closed out, 13 added to existing stakes and 20 trimmed.
The largest buyer was Gabelli Funds, adding an estimated $4.24M. The largest seller was Nantahala Capital Management, cutting an estimated $10.3M.
- 54 institutional investors held Lennar Class B (LEN.B) as of Q4 2014, down from 55 in Q3 2014.
- Funds reported $263M of Lennar Class B stock for Q4 2014, up 5.6% quarter-over-quarter.
- 6 funds opened new Lennar Class B positions in Q4 2014 and 6 closed out, a net change of 0 holders.
- The largest Lennar Class B buyer in Q4 2014 was Gabelli Funds, an estimated $4.24M added.
- The largest Lennar Class B seller in Q4 2014 was Nantahala Capital Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2014.