Lennar Class B
LEN.B
221 hedge funds and large institutions have $955M invested in Lennar Class B in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 59 increasing their positions, 70 reducing their positions, and 27 closing their positions.
14% more capital invested
Capital invested by funds: $840M → $955M (+$115M)
4.65% more ownership
Funds ownership: 32.6% → 37.25% (+4.7%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less funds holding
Funds holding: 226 → 221 (-5)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
16% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$175M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.25M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.66M |
| 4 |
Lazard Asset Management
New York
|
+$4.39M |
| 5 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$20M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$8.7M |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$6.63M |
| 4 |
Millennium Management
New York
|
-$6.3M |
| 5 |
APCM
Arbiter Partners Capital Management
New York
|
-$6.04M |
LEN.B Hedge Fund Activity: Q1 2023 in Review
221 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q1 2023, worth a combined $955M — up 14% from $840M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of LEN.B and 24 opened new positions — a net loss of 3 holders — while 70 trimmed existing stakes and 59 added.
The largest buyer was Envestnet Asset Management, adding an estimated $175M. The largest seller was Goldman Sachs, cutting an estimated $20M.
- 221 institutional investors held Lennar Class B (LEN.B) as of Q1 2023, down from 226 in Q4 2022.
- Funds reported $955M of Lennar Class B stock for Q1 2023, up 14% quarter-over-quarter.
- 24 funds opened new Lennar Class B positions in Q1 2023 and 27 closed out, a net change of -3 holders.
- The largest Lennar Class B buyer in Q1 2023 was Envestnet Asset Management, an estimated $175M added.
- The largest Lennar Class B seller in Q1 2023 was Goldman Sachs, an estimated $20M sold.
Based on aggregated 13F filings for Q1 2023.