Lennar Class B
LEN.B
79 hedge funds and large institutions have $246M invested in Lennar Class B in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
0.03% more ownership
Funds ownership: 25.15% → 25.19% (+0.03%)
0% more funds holding
Funds holding: 79 → 79 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less capital invested
Capital invested by funds: $273M → $246M (-$27.8M)
41% less call options, than puts
Call options by funds: $16K | Put options by funds: $27K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$3.32M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$2.3M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$1.2M |
| 4 |
PAM
Paradigm Asset Management
New York
|
+$691K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.85M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
-$2.68M |
| 3 |
AIA
Affinity Investment Advisors
Newport Beach,
California
|
-$831K |
| 4 |
Citigroup
New York
|
-$814K |
| 5 |
JP Morgan Chase
New York
|
-$495K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SEI Investments
Oaks,
Pennsylvania
| $1K | – | – | – |
|
|
CWM
77
Concert Wealth Management
San Jose,
California
| $1K | +$1.11K | +32 | New |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| $1K | +$1.94K | +56 | New |
|
|
79
Citigroup
New York
| – | -$814K | -23,455 | Closed |
|
|
B
80
Barings
Charlotte,
North Carolina
| – | -$373K | -10,730 | Closed |
|
81
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$336K | -9,672 | Closed |
|
|
CS
82
Credit Suisse
Zurich,
Switzerland
| – | -$223K | -6,431 | Closed |
|
83
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$26K | -751 | Closed |
|
84
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -215 | Closed |
|
|
LTFS
85
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$7.43K | -214 | -95% |
|
LEN.B Hedge Fund Activity: Q3 2016 in Review
79 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q3 2016, worth a combined $246M — down 10% from $273M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LEN.B positions and 6 closed out — a net gain of 1 holder — while 28 added to existing stakes and 26 trimmed.
The largest buyer was GAMCO Investors, adding an estimated $3.32M. The largest seller was BlackRock Fund Advisors, cutting an estimated $2.85M.
- 79 institutional investors held Lennar Class B (LEN.B) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $246M of Lennar Class B stock for Q3 2016, down 10% quarter-over-quarter.
- 7 funds opened new Lennar Class B positions in Q3 2016 and 6 closed out, a net change of +1 holder.
- The largest Lennar Class B buyer in Q3 2016 was GAMCO Investors, an estimated $3.32M added.
- The largest Lennar Class B seller in Q3 2016 was BlackRock Fund Advisors, an estimated $2.85M sold.
Based on aggregated 13F filings for Q3 2016.