Lennar Class B
LEN.B
191 hedge funds and large institutions have $901M invested in Lennar Class B in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 69 reducing their positions, and 25 closing their positions.
43% more capital invested
Capital invested by funds: $630M → $901M (+$271M)
5% more call options, than puts
Call options by funds: $9.4M | Put options by funds: $8.95M
0.18% more ownership
Funds ownership: 38.23% → 38.41% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
2% less funds holding
Funds holding: 195 → 191 (-4)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
36% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$56.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$9.02M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.85M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$3.46M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$3.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$15.4M |
| 2 |
VI
Vestcor Inc
Fredericton,
New Brunswick, Canada
|
-$11.8M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$9.47M |
| 4 |
MAM
Miria Asset Management
St. Julians,
Malta
|
-$7.92M |
| 5 |
TAM
Third Avenue Management
New York
|
-$6.84M |
LEN.B Hedge Fund Activity: Q3 2020 in Review
191 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q3 2020, worth a combined $901M — up 43% from $630M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of LEN.B and 21 opened new positions — a net loss of 4 holders — while 69 trimmed existing stakes and 44 added.
The largest buyer was Barclays, adding an estimated $56.2M. The largest seller was Echo Street Capital Management, cutting an estimated $15.4M.
- 191 institutional investors held Lennar Class B (LEN.B) as of Q3 2020, down from 195 in Q2 2020.
- Funds reported $901M of Lennar Class B stock for Q3 2020, up 43% quarter-over-quarter.
- 21 funds opened new Lennar Class B positions in Q3 2020 and 25 closed out, a net change of -4 holders.
- The largest Lennar Class B buyer in Q3 2020 was Barclays, an estimated $56.2M added.
- The largest Lennar Class B seller in Q3 2020 was Echo Street Capital Management, an estimated $15.4M sold.
Based on aggregated 13F filings for Q3 2020.