Lennar Class B
LEN.B
197 hedge funds and large institutions have $612M invested in Lennar Class B in 2019 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 41 increasing their positions, 58 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
8% more funds holding
Funds holding: 183 → 197 (+14)
6% more capital invested
Capital invested by funds: $575M → $612M (+$37.2M)
2.04% more ownership
Funds ownership: 36.11% → 38.15% (+2%)
29% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 58
48% less call options, than puts
Call options by funds: $6.58M | Put options by funds: $12.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.3M |
| 2 |
Renaissance Technologies
New York
|
+$3.21M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.95M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$1.66M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$7.28M |
| 2 |
TAM
Third Avenue Management
New York
|
-$6.77M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$2.68M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.64M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
-$2.26M |
LEN.B Hedge Fund Activity: Q4 2019 in Review
197 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q4 2019, worth a combined $612M — up 6.5% from $575M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new LEN.B positions and 19 closed out — a net gain of 15 holders — while 41 added to existing stakes and 58 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $3.3M. The largest seller was Maltese Capital Management, cutting an estimated $7.28M.
- 197 institutional investors held Lennar Class B (LEN.B) as of Q4 2019, up from 183 in Q3 2019.
- Funds reported $612M of Lennar Class B stock for Q4 2019, up 6.5% quarter-over-quarter.
- 34 funds opened new Lennar Class B positions in Q4 2019 and 19 closed out, a net change of +15 holders.
- The largest Lennar Class B buyer in Q4 2019 was Arrowstreet Capital, an estimated $3.3M added.
- The largest Lennar Class B seller in Q4 2019 was Maltese Capital Management, an estimated $7.28M sold.
Based on aggregated 13F filings for Q4 2019.