Lennar Class B
LEN.B
196 hedge funds and large institutions have $493M invested in Lennar Class B in 2019 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 47 increasing their positions, 51 reducing their positions, and 19 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
25% more capital invested
Capital invested by funds: $395M → $493M (+$98.1M)
0.16% less ownership
Funds ownership: 35.1% → 34.94% (-0.16%)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
8% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 51
3% less funds holding
Funds holding: 202 → 196 (-6)
20% less call options, than puts
Call options by funds: $6.3M | Put options by funds: $7.87M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.43M |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$2.42M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$2.01M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$1.87M |
| 5 |
Millennium Management
New York
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.47M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$2.94M |
| 3 |
Renaissance Technologies
New York
|
-$1.53M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$1.36M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
-$1.16M |
LEN.B Hedge Fund Activity: Q1 2019 in Review
196 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q1 2019, worth a combined $493M — up 25% from $395M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of LEN.B and 18 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 47 added.
The largest buyer was Assenagon Asset Management, adding an estimated $2.43M. The largest seller was BlackRock, cutting an estimated $5.47M.
- 196 institutional investors held Lennar Class B (LEN.B) as of Q1 2019, down from 202 in Q4 2018.
- Funds reported $493M of Lennar Class B stock for Q1 2019, up 25% quarter-over-quarter.
- 18 funds opened new Lennar Class B positions in Q1 2019 and 19 closed out, a net change of -1 holder.
- The largest Lennar Class B buyer in Q1 2019 was Assenagon Asset Management, an estimated $2.43M added.
- The largest Lennar Class B seller in Q1 2019 was BlackRock, an estimated $5.47M sold.
Based on aggregated 13F filings for Q1 2019.