Lennar Class B
LEN.B
219 hedge funds and large institutions have $534M invested in Lennar Class B in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 79 reducing their positions, and 41 closing their positions.
0.3% more ownership
Funds ownership: 34.66% → 34.95% (+0.3%)
10% less capital invested
Capital invested by funds: $592M → $534M (-$57.7M)
10% less funds holding
Funds holding: 244 → 219 (-25)
43% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 79
54% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 41
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
80% less call options, than puts
Call options by funds: $1.48M | Put options by funds: $7.33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
+$28.6M |
| 2 |
SC
Sculptor Capital
New York
|
+$17.3M |
| 3 |
Goldman Sachs
New York
|
+$9.88M |
| 4 |
AWM
Arbor Wealth Management
Miramar Beach,
Florida
|
+$4.3M |
| 5 |
MCM
Moore Capital Management
New York
|
+$3.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$12.5M |
| 2 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$11.2M |
| 3 |
JRWL
Joseph R. Weiss LLC
New York
|
-$10M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.63M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$3.91M |
LEN.B Hedge Fund Activity: Q2 2018 in Review
219 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q2 2018, worth a combined $534M — down 9.7% from $592M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of LEN.B and 19 opened new positions — a net loss of 22 holders — while 79 trimmed existing stakes and 45 added.
The largest buyer was Third Avenue Management, adding an estimated $28.6M. The largest seller was Aristeia Capital, exiting entirely with an estimated $12.5M sold.
- 219 institutional investors held Lennar Class B (LEN.B) as of Q2 2018, down from 244 in Q1 2018.
- Funds reported $534M of Lennar Class B stock for Q2 2018, down 9.7% quarter-over-quarter.
- 19 funds opened new Lennar Class B positions in Q2 2018 and 41 closed out, a net change of -22 holders.
- The largest Lennar Class B buyer in Q2 2018 was Third Avenue Management, an estimated $28.6M added.
- The largest Lennar Class B seller in Q2 2018 was Aristeia Capital, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2018.