Lennar Class B
LEN.B
224 hedge funds and large institutions have $1.17B invested in Lennar Class B in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 52 increasing their positions, 77 reducing their positions, and 20 closing their positions.
22% more capital invested
Capital invested by funds: $955M → $1.17B (+$211M)
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
1% more funds holding
Funds holding: 221 → 224 (+3)
6.78% less ownership
Funds ownership: 37.25% → 30.47% (-6.8%)
32% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$15.1M |
| 2 |
Millennium Management
New York
|
+$12.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.5M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$3.12M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$205M |
| 2 |
RAM
RWC Asset Management
London,
United Kingdom
|
-$8.47M |
| 3 |
Lazard Asset Management
New York
|
-$8.38M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$8.24M |
| 5 |
TAM
Third Avenue Management
New York
|
-$5.93M |
LEN.B Hedge Fund Activity: Q2 2023 in Review
224 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q2 2023, worth a combined $1.17B — up 22% from $955M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new LEN.B positions and 20 closed out — a net gain of 4 holders — while 52 added to existing stakes and 77 trimmed.
The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $15.1M. The largest seller was Envestnet Asset Management, cutting an estimated $205M.
- 224 institutional investors held Lennar Class B (LEN.B) as of Q2 2023, up from 221 in Q1 2023.
- Funds reported $1.17B of Lennar Class B stock for Q2 2023, up 22% quarter-over-quarter.
- 24 funds opened new Lennar Class B positions in Q2 2023 and 20 closed out, a net change of +4 holders.
- The largest Lennar Class B buyer in Q2 2023 was Berkshire Hathaway, an estimated $15.1M added.
- The largest Lennar Class B seller in Q2 2023 was Envestnet Asset Management, an estimated $205M sold.
Based on aggregated 13F filings for Q2 2023.