Lennar Class B
LEN.B
185 hedge funds and large institutions have $397M invested in Lennar Class B in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 55 increasing their positions, 53 reducing their positions, and 25 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 53
0.13% more ownership
Funds ownership: 38.15% → 38.28% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
6% less funds holding
Funds holding: 197 → 185 (-12)
17% less call options, than puts
Call options by funds: $3.29M | Put options by funds: $3.96M
35% less capital invested
Capital invested by funds: $612M → $397M (-$215M)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VI
Vestcor Inc
Fredericton,
New Brunswick, Canada
|
+$11.4M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$6.13M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
+$4.91M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$4.61M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$6.31M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$5.92M |
| 3 |
AWM
Arbor Wealth Management
Miramar Beach,
Florida
|
-$4.45M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$4.11M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$3.58M |
LEN.B Hedge Fund Activity: Q1 2020 in Review
185 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q1 2020, worth a combined $397M — down 35% from $612M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of LEN.B and 15 opened new positions — a net loss of 10 holders — while 53 trimmed existing stakes and 55 added.
The largest buyer was Vestcor Inc, adding an estimated $11.4M. The largest seller was Third Avenue Management, cutting an estimated $6.31M.
- 185 institutional investors held Lennar Class B (LEN.B) as of Q1 2020, down from 197 in Q4 2019.
- Funds reported $397M of Lennar Class B stock for Q1 2020, down 35% quarter-over-quarter.
- 15 funds opened new Lennar Class B positions in Q1 2020 and 25 closed out, a net change of -10 holders.
- The largest Lennar Class B buyer in Q1 2020 was Vestcor Inc, an estimated $11.4M added.
- The largest Lennar Class B seller in Q1 2020 was Third Avenue Management, an estimated $6.31M sold.
Based on aggregated 13F filings for Q1 2020.