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Lennar Class B

182 hedge funds and large institutions have $493M invested in Lennar Class B in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 55 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.71% more ownership

Funds ownership: 34.94%35.66% (+0.71%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% less capital invested

Capital invested by funds: $493M → $493M (-$978)

1% less call options, than puts

Call options by funds: $5.33M | Put options by funds: $5.41M

7% less funds holding

Funds holding: 196182 (-14)

20% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 55

39% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 28

Holders
182
Holders Change
-14
Holders Change %
-7.14%
% of All Funds
3.95%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
17
Increased
44
Reduced
55
Closed
28
Calls
$5.33M
Puts
$5.41M
Net Calls
-$78K
Net Calls Change
+$1.49M
Name Holding Trade Value Shares
Change
Change in
Stake
GF
1
Gabelli Funds
New York
$61.7M -$2.92M -74,692 -4%
TAM
2
Third Avenue Management
New York
$48.8M +$745K +19,064 +1%
GI
3
GAMCO Investors
Connecticut
$47.8M -$2.43M -62,030 -5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$40.8M -$121K -3,087 -0.3%
MCM
5
Maltese Capital Management
New York
$32M +$823K +21,040 +2%
GA
6
Greenhaven Associates
New York
$22.1M -$51.4K -1,314 -0.2%
BlackRock
7
BlackRock
New York
$19.3M +$6.97M +178,301 +51%
SC
8
Sculptor Capital
New York
$14.9M
ESCM
9
Echo Street Capital Management
New York
$14.4M +$15.4M +393,433 New
Goldman Sachs
10
Goldman Sachs
New York
$13.4M -$153K -3,905 -1%
FFA
11
First Foundation Advisors
California
$11.9M -$439K -11,240 -3%
Franklin Resources
12
Franklin Resources
California
$8.62M
State of New Jersey Common Pension Fund D
13
State of New Jersey Common Pension Fund D
New Jersey
$8.36M +$699K +17,884 +9%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$7.26M +$75.8K +1,938 +1%
Neuberger Berman Group
15
Neuberger Berman Group
New York
$7.18M -$81.6K -2,086 -1%
HCM
16
Huber Capital Management
California
$6.95M -$1.69M -43,233 -19%
GCIA
17
Gabelli & Co Investment Advisers
New York
$6.88M +$21.2K +542 +0.3%
MCM
18
Moore Capital Management
New York
$6.55M -$664K -16,990 -9%
EC
19
Eminence Capital
New York
$6.3M -$272K -6,956 -4%
APCM
20
Arbiter Partners Capital Management
New York
$6.11M
Sanders Capital
21
Sanders Capital
Florida
$5.44M
Geode Capital Management
22
Geode Capital Management
Massachusetts
$4.87M +$763K +19,513 +17%
Aristotle Capital Management
23
Aristotle Capital Management
California
$4.63M +$43K +1,099 +0.9%
SL
24
SIB LLC
New York
$4.55M
AIMCA
25
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$4.46M

LEN.B Hedge Fund Activity: Q2 2019 in Review

182 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q2 2019, worth a combined $493M — down 0% from $493M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of LEN.B and 17 opened new positions — a net loss of 11 holders — while 55 trimmed existing stakes and 44 added.

The largest buyer was Echo Street Capital Management, opening a new position worth an estimated $15.4M. The largest seller was Assenagon Asset Management, cutting an estimated $3.11M.

  • 182 institutional investors held Lennar Class B (LEN.B) as of Q2 2019, down from 196 in Q1 2019.
  • Funds reported $493M of Lennar Class B stock for Q2 2019, down 0% quarter-over-quarter.
  • 17 funds opened new Lennar Class B positions in Q2 2019 and 28 closed out, a net change of -11 holders.
  • The largest Lennar Class B buyer in Q2 2019 was Echo Street Capital Management, an estimated $15.4M added.
  • The largest Lennar Class B seller in Q2 2019 was Assenagon Asset Management, an estimated $3.11M sold.

Based on aggregated 13F filings for Q2 2019.