Lennar Class B
LEN.B
212 hedge funds and large institutions have $495M invested in Lennar Class B in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 64 reducing their positions, and 27 closing their positions.
19% more call options, than puts
Call options by funds: $2.84M | Put options by funds: $2.39M
0.84% more ownership
Funds ownership: 34.95% → 35.79% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 219 → 212 (-7)
7% less capital invested
Capital invested by funds: $534M → $495M (-$39.7M)
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
33% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$10.8M |
| 2 |
SL
SIB LLC
New York,
New York
|
+$5.02M |
| 3 |
TAM
Third Avenue Management
New York
|
+$3.31M |
| 4 |
LPC
Long Pond Capital
New York
|
+$3.16M |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$4.41M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.22M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$2.97M |
| 4 |
Renaissance Technologies
New York
|
-$2.08M |
| 5 |
BlackRock
New York
|
-$1.5M |
LEN.B Hedge Fund Activity: Q3 2018 in Review
212 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q3 2018, worth a combined $495M — down 7.4% from $534M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of LEN.B and 20 opened new positions — a net loss of 7 holders — while 64 trimmed existing stakes and 43 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $10.8M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $4.41M.
- 212 institutional investors held Lennar Class B (LEN.B) as of Q3 2018, down from 219 in Q2 2018.
- Funds reported $495M of Lennar Class B stock for Q3 2018, down 7.4% quarter-over-quarter.
- 20 funds opened new Lennar Class B positions in Q3 2018 and 27 closed out, a net change of -7 holders.
- The largest Lennar Class B buyer in Q3 2018 was Franklin Resources, an estimated $10.8M added.
- The largest Lennar Class B seller in Q3 2018 was Manulife (Manufacturers Life Insurance), an estimated $4.41M sold.
Based on aggregated 13F filings for Q3 2018.