Lennar Class B
LEN.B
245 hedge funds and large institutions have $568M invested in Lennar Class B in 2017 Q4 according to their latest regulatory filings, with 173 funds opening new positions, 54 increasing their positions, 15 reducing their positions, and 3 closing their positions.
5,667% more first-time investments, than exits
New positions opened: 173 | Existing positions closed: 3
260% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 15
227% more funds holding
Funds holding: 75 → 245 (+170)
159% more call options, than puts
Call options by funds: $293K | Put options by funds: $113K
62% more capital invested
Capital invested by funds: $350M → $568M (+$218M)
10.24% more ownership
Funds ownership: 26.64% → 36.88% (+10%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Greenhaven Associates
Purchase,
New York
|
+$23M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.5M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$18M |
| 4 |
BlackRock
New York
|
+$8.87M |
| 5 |
Renaissance Technologies
New York
|
+$8.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mason Capital Management
New York
|
-$29.1M |
| 2 |
SC
Sculptor Capital
New York
|
-$14.8M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$8.65M |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
-$4.8M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
-$1.79M |
LEN.B Hedge Fund Activity: Q4 2017 in Review
245 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q4 2017, worth a combined $568M — up 62% from $350M a quarter earlier.
Buyers outnumbered sellers: 173 funds opened new LEN.B positions and 3 closed out — a net gain of 170 holders — while 54 added to existing stakes and 15 trimmed.
The largest buyer was Greenhaven Associates, opening a new position worth an estimated $23M. The largest seller was Mason Capital Management, exiting entirely with an estimated $29.1M sold.
- 245 institutional investors held Lennar Class B (LEN.B) as of Q4 2017, up from 75 in Q3 2017.
- Funds reported $568M of Lennar Class B stock for Q4 2017, up 62% quarter-over-quarter.
- 173 funds opened new Lennar Class B positions in Q4 2017 and 3 closed out, a net change of +170 holders.
- The largest Lennar Class B buyer in Q4 2017 was Greenhaven Associates, an estimated $23M added.
- The largest Lennar Class B seller in Q4 2017 was Mason Capital Management, an estimated $29.1M sold.
Based on aggregated 13F filings for Q4 2017.