Lennar Class B
LEN.B
85 hedge funds and large institutions have $259M invested in Lennar Class B in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 6 closing their positions.
263% more call options, than puts
Call options by funds: $149K | Put options by funds: $41K
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
8% more funds holding
Funds holding: 79 → 85 (+6)
5% more capital invested
Capital invested by funds: $246M → $259M (+$13.3M)
0.53% more ownership
Funds ownership: 25.19% → 25.72% (+0.53%)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gabelli Funds
Rye,
New York
|
+$5.31M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$2.35M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$581K |
| 4 |
Renaissance Technologies
New York
|
+$495K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$1.39M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$1.08M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$890K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$786K |
| 5 |
PAM
Paradigm Asset Management
New York
|
-$623K |
LEN.B Hedge Fund Activity: Q4 2016 in Review
85 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q4 2016, worth a combined $259M — up 5.4% from $246M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new LEN.B positions and 6 closed out — a net gain of 6 holders — while 23 added to existing stakes and 27 trimmed.
The largest buyer was Gabelli Funds, adding an estimated $5.31M. The largest seller was Northern Trust, cutting an estimated $1.39M.
- 85 institutional investors held Lennar Class B (LEN.B) as of Q4 2016, up from 79 in Q3 2016.
- Funds reported $259M of Lennar Class B stock for Q4 2016, up 5.4% quarter-over-quarter.
- 12 funds opened new Lennar Class B positions in Q4 2016 and 6 closed out, a net change of +6 holders.
- The largest Lennar Class B buyer in Q4 2016 was Gabelli Funds, an estimated $5.31M added.
- The largest Lennar Class B seller in Q4 2016 was Northern Trust, an estimated $1.39M sold.
Based on aggregated 13F filings for Q4 2016.