Lennar Class B
LEN.B
57 hedge funds and large institutions have $293M invested in Lennar Class B in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 6 closing their positions.
145% more call options, than puts
Call options by funds: $27K | Put options by funds: $11K
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
11% more capital invested
Capital invested by funds: $263M → $293M (+$29.3M)
6% more funds holding
Funds holding: 54 → 57 (+3)
0.93% less ownership
Funds ownership: 24.99% → 24.06% (-0.93%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$5.07M |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$3.43M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.31M |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
+$1.61M |
| 5 |
BRAM
Black River Asset Management
Hopkins,
Minnesota
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$11.1M |
| 2 |
VAM
Visium Asset Management
New York
|
-$4.14M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$3.95M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$3.94M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$3.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIT
51
BlackRock Institutional Trust
San Francisco,
California
| $18K | +$4.96K | +139 | +43% |
|
52
US Bancorp
Minneapolis,
Minnesota
| $14K | – | – | – |
|
53
Wells Fargo
San Francisco,
California
| $9K | +$71 | +2 | +0.8% |
|
54
Citigroup
New York
| $8K | +$7.46K | +209 | New |
|
55
First Manhattan
New York
| $2K | – | – | – |
|
56
Creative Planning
Overland Park,
Kansas
| $1K | +$536 | +15 | New |
|
|
PAMU
57
Pictet Asset Management (UK)
London,
United Kingdom
| – | -$3.94M | -117,116 | Closed |
|
|
BIP
58
Brandes Investment Partners
La Jolla,
California
| – | -$3.37M | -100,242 | Closed |
|
59
Invesco
Atlanta,
Georgia
| – | -$40K | -1,187 | Closed |
|
60
Bessemer Group
Woodbridge,
New Jersey
| – | -$18K | -534 | Closed |
|
61
BlackRock
New York
| – | -$4K | -131 | Closed |
|
LEN.B Hedge Fund Activity: Q1 2015 in Review
57 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q1 2015, worth a combined $293M — up 11% from $263M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new LEN.B positions and 6 closed out — a net gain of 3 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was GAMCO Investors, adding an estimated $5.07M. The largest seller was Huber Capital Management, cutting an estimated $11.1M.
- 57 institutional investors held Lennar Class B (LEN.B) as of Q1 2015, up from 54 in Q4 2014.
- Funds reported $293M of Lennar Class B stock for Q1 2015, up 11% quarter-over-quarter.
- 9 funds opened new Lennar Class B positions in Q1 2015 and 6 closed out, a net change of +3 holders.
- The largest Lennar Class B buyer in Q1 2015 was GAMCO Investors, an estimated $5.07M added.
- The largest Lennar Class B seller in Q1 2015 was Huber Capital Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2015.