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Lennar Class B

75 hedge funds and large institutions have $350M invested in Lennar Class B in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 29 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more call options, than puts

Call options by funds: $96K | Put options by funds: $55K

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.18% less ownership

Funds ownership: 26.82%26.64% (-0.18%)

0% less capital invested

Capital invested by funds: $352M → $350M (-$1.45M)

5% less funds holding

Funds holding: 7975 (-4)

28% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 29

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

Holders
75
Holders Change
-4
Holders Change %
-5.06%
% of All Funds
1.87%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
3
Increased
21
Reduced
29
Closed
7
Calls
$96K
Puts
$55K
Net Calls
+$41K
Net Calls Change
+$11K
Name Holding Trade Value Shares
Change
Change in
Stake
GI
1
GAMCO Investors
Connecticut
$86.3M -$104K -2,512 -0.1%
GF
2
Gabelli Funds
New York
$56.8M
MCM
3
Mason Capital Management
New York
$29.1M +$877K +21,269 +3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$22.6M +$685K +16,608 +3%
MCM
5
Maltese Capital Management
New York
$18.5M +$3.49M +84,770 +24%
BlackRock
6
BlackRock
New York
$18.2M +$503K +12,208 +3%
APCM
7
Arbiter Partners Capital Management
New York
$16.6M
SC
8
Sculptor Capital
New York
$14.8M
HCM
9
Huber Capital Management
California
$14.7M -$2.83M -68,646 -16%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$9.78M -$11.2K -271 -0.1%
Neuberger Berman Group
11
Neuberger Berman Group
New York
$7.2M -$50.4K -1,223 -0.7%
LCM
12
Landscape Capital Management
New Jersey
$7.13M -$1.16M -28,183 -14%
GCIA
13
Gabelli & Co Investment Advisers
New York
$6.6M -$2.01M -48,764 -24%
Renaissance Technologies
14
Renaissance Technologies
New York
$3.37M +$102K +2,468 +3%
LIM
15
Longfellow Investment Management
Massachusetts
$3.15M +$51.9K +1,260 +2%
CL
16
CSS LLC
Illinois
$3.02M
Geode Capital Management
17
Geode Capital Management
Massachusetts
$2.29M +$1.49M +36,141 +196%
Morgan Stanley
18
Morgan Stanley
New York
$2.19M +$1.45M +35,197 +207%
TAM
19
Third Avenue Management
New York
$2.12M -$51.9K -1,259 -2%
State Street
20
State Street
Massachusetts
$1.97M +$73.3K +1,779 +4%
KHCM
21
Kettle Hill Capital Management
New York
$1.85M
EVC
22
Eidelman Virant Capital
Missouri
$1.84M +$15.5K +376 +0.9%
Norges Bank
23
Norges Bank
Norway
$1.73M
UBS Group
24
UBS Group
Switzerland
$1.7M -$130K -3,146 -7%
Northern Trust
25
Northern Trust
Illinois
$1.7M -$24.2K -586 -1%

LEN.B Hedge Fund Activity: Q3 2017 in Review

75 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q3 2017, worth a combined $350M — down 0.41% from $352M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of LEN.B and 3 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 21 added.

The largest buyer was Maltese Capital Management, adding an estimated $3.49M. The largest seller was Huber Capital Management, cutting an estimated $2.83M.

  • 75 institutional investors held Lennar Class B (LEN.B) as of Q3 2017, down from 79 in Q2 2017.
  • Funds reported $350M of Lennar Class B stock for Q3 2017, down 0.41% quarter-over-quarter.
  • 3 funds opened new Lennar Class B positions in Q3 2017 and 7 closed out, a net change of -4 holders.
  • The largest Lennar Class B buyer in Q3 2017 was Maltese Capital Management, an estimated $3.49M added.
  • The largest Lennar Class B seller in Q3 2017 was Huber Capital Management, an estimated $2.83M sold.

Based on aggregated 13F filings for Q3 2017.