Lennar Class B
LEN.B
226 hedge funds and large institutions have $839M invested in Lennar Class B in 2022 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 71 increasing their positions, 61 reducing their positions, and 25 closing their positions.
48% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 25
23% more capital invested
Capital invested by funds: $684M → $839M (+$154M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
16% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 61
5% more funds holding
Funds holding: 216 → 226 (+10)
0.03% less ownership
Funds ownership: 33.26% → 33.23% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
+$15.2M |
| 2 |
TIP
Torray Investment Partners
Bethesda,
Maryland
|
+$7.49M |
| 3 |
JFG
Jefferies Financial Group
New York
|
+$4.78M |
| 4 |
Millennium Management
New York
|
+$3.71M |
| 5 |
NI
NFC Investments
Memphis,
Tennessee
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$7.7M |
| 2 |
TAM
Third Avenue Management
New York
|
-$4.47M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$4.4M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$3.19M |
| 5 |
MS
Maven Securities
St Helier,
Jersey
|
-$2.76M |
LEN.B Hedge Fund Activity: Q4 2022 in Review
226 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q4 2022, worth a combined $839M — up 23% from $684M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new LEN.B positions and 25 closed out — a net gain of 12 holders — while 71 added to existing stakes and 61 trimmed.
The largest buyer was 683 Capital Management, adding an estimated $15.2M. The largest seller was Echo Street Capital Management, cutting an estimated $7.7M.
- 226 institutional investors held Lennar Class B (LEN.B) as of Q4 2022, up from 216 in Q3 2022.
- Funds reported $839M of Lennar Class B stock for Q4 2022, up 23% quarter-over-quarter.
- 37 funds opened new Lennar Class B positions in Q4 2022 and 25 closed out, a net change of +12 holders.
- The largest Lennar Class B buyer in Q4 2022 was 683 Capital Management, an estimated $15.2M added.
- The largest Lennar Class B seller in Q4 2022 was Echo Street Capital Management, an estimated $7.7M sold.
Based on aggregated 13F filings for Q4 2022.