Lennar Class B
LEN.B
55 hedge funds and large institutions have $249M invested in Lennar Class B in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.5% less ownership
Funds ownership: 25.36% → 24.87% (-0.5%)
7% less funds holding
Funds holding: 59 → 55 (-4)
40% less capital inflows, than outflows
Capital inflows: $9.06M | Capital outflows: $15M
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gabelli Funds
Rye,
New York
|
+$2.91M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.29M |
| 3 |
Visium Asset Management
New York
|
+$1.23M |
| 4 |
Arbiter Partners Capital Management
New York
|
+$1.01M |
| 5 |
Nantahala Capital Management
New Canaan,
Connecticut
|
+$729K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$7.11M |
| 2 |
Huber Capital Management
El Segundo,
California
|
-$2.52M |
| 3 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$2.37M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.24M |
| 5 |
Neuberger Berman Group
New York
|
-$576K |
LEN.B Hedge Fund Activity: Q3 2014 in Review
55 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q3 2014, worth a combined $249M — down 12% from $282M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LEN.B and 4 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 22 added.
The largest buyer was Gabelli Funds, adding an estimated $2.91M. The largest seller was Franklin Resources, exiting entirely with an estimated $7.11M sold.
- 55 institutional investors held Lennar Class B (LEN.B) as of Q3 2014, down from 59 in Q2 2014.
- Funds reported $249M of Lennar Class B stock for Q3 2014, down 12% quarter-over-quarter.
- 4 funds opened new Lennar Class B positions in Q3 2014 and 8 closed out, a net change of -4 holders.
- The largest Lennar Class B buyer in Q3 2014 was Gabelli Funds, an estimated $2.91M added.
- The largest Lennar Class B seller in Q3 2014 was Franklin Resources, an estimated $7.11M sold.
Based on aggregated 13F filings for Q3 2014.