Lennar Class B
LEN.B
79 hedge funds and large institutions have $352M invested in Lennar Class B in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 39 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more call options, than puts
Call options by funds: $107K | Put options by funds: $77K
12% more capital invested
Capital invested by funds: $314M → $352M (+$38.2M)
1.1% more ownership
Funds ownership: 25.72% → 26.82% (+1.1%)
1% less funds holding
Funds holding: 80 → 79 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mason Capital Management
New York
|
+$26.6M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$3.36M |
| 3 |
KHCM
Kettle Hill Capital Management
New York
|
+$1.78M |
| 4 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$1.75M |
| 5 |
Goldman Sachs
New York
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$4.77M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
-$3.5M |
| 3 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$3.14M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.61M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
WA
77
Winfield Associates
Cleveland,
Ohio
| $1K | – | – | – |
|
|
78
American Century Companies
Kansas City,
Missouri
| – | -$4.77M | -122,449 | Closed |
|
|
AIA
79
Affinity Investment Advisors
Newport Beach,
California
| – | -$551K | -14,149 | Closed |
|
|
JFG
80
Jefferies Financial Group
New York
| – | -$290K | -7,437 | Closed |
|
81
Balyasny Asset Management
Chicago,
Illinois
| – | -$285K | -7,313 | Closed |
|
|
CRC
82
Curi RMB Capital
Chicago,
Illinois
| – | -$260K | -6,669 | Closed |
|
83
Principal Financial Group
Des Moines,
Iowa
| – | -$240K | -6,168 | Closed |
|
LEN.B Hedge Fund Activity: Q2 2017 in Review
79 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q2 2017, worth a combined $352M — up 12% from $314M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LEN.B and 5 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 13 added.
The largest buyer was Mason Capital Management, adding an estimated $26.6M. The largest seller was American Century Companies, exiting entirely with an estimated $4.77M sold.
- 79 institutional investors held Lennar Class B (LEN.B) as of Q2 2017, down from 80 in Q1 2017.
- Funds reported $352M of Lennar Class B stock for Q2 2017, up 12% quarter-over-quarter.
- 5 funds opened new Lennar Class B positions in Q2 2017 and 6 closed out, a net change of -1 holder.
- The largest Lennar Class B buyer in Q2 2017 was Mason Capital Management, an estimated $26.6M added.
- The largest Lennar Class B seller in Q2 2017 was American Century Companies, an estimated $4.77M sold.
Based on aggregated 13F filings for Q2 2017.