Lennar Class B
LEN.B
202 hedge funds and large institutions have $395M invested in Lennar Class B in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 36 increasing their positions, 63 reducing their positions, and 34 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.69% less ownership
Funds ownership: 35.79% → 35.1% (-0.69%)
5% less funds holding
Funds holding: 212 → 202 (-10)
20% less capital invested
Capital invested by funds: $495M → $395M (-$100M)
24% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 34
40% less call options, than puts
Call options by funds: $3.27M | Put options by funds: $5.43M
43% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$10.2M |
| 2 |
GCM
GoodHaven Capital Management
Millburn,
New Jersey
|
+$2.66M |
| 3 |
TAM
Third Avenue Management
New York
|
+$2.31M |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
+$1.14M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$6.06M |
| 2 |
Renaissance Technologies
New York
|
-$2.93M |
| 3 |
LPC
Long Pond Capital
New York
|
-$2.86M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$2.5M |
| 5 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$1.82M |
LEN.B Hedge Fund Activity: Q4 2018 in Review
202 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q4 2018, worth a combined $395M — down 20% from $495M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of LEN.B and 26 opened new positions — a net loss of 8 holders — while 63 trimmed existing stakes and 36 added.
The largest buyer was First Foundation Advisors, adding an estimated $10.2M. The largest seller was GAMCO Investors, cutting an estimated $6.06M.
- 202 institutional investors held Lennar Class B (LEN.B) as of Q4 2018, down from 212 in Q3 2018.
- Funds reported $395M of Lennar Class B stock for Q4 2018, down 20% quarter-over-quarter.
- 26 funds opened new Lennar Class B positions in Q4 2018 and 34 closed out, a net change of -8 holders.
- The largest Lennar Class B buyer in Q4 2018 was First Foundation Advisors, an estimated $10.2M added.
- The largest Lennar Class B seller in Q4 2018 was GAMCO Investors, an estimated $6.06M sold.
Based on aggregated 13F filings for Q4 2018.