Lennar Class B
LEN.B
226 hedge funds and large institutions have $984M invested in Lennar Class B in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 61 increasing their positions, 63 reducing their positions, and 21 closing their positions.
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
1% more funds holding
Funds holding: 224 → 226 (+2)
3% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 63
1.47% less ownership
Funds ownership: 30.47% → 29.01% (-1.5%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
16% less capital invested
Capital invested by funds: $1.17B → $984M (-$182M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.34M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.24M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.74M |
| 5 |
Morgan Stanley
New York
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$13.5M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$13.3M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$8.15M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.85M |
| 5 |
Barclays
London,
United Kingdom
|
-$6.59M |
LEN.B Hedge Fund Activity: Q3 2023 in Review
226 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q3 2023, worth a combined $984M — down 16% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new LEN.B positions and 21 closed out — a net gain of 5 holders — while 61 added to existing stakes and 63 trimmed.
The largest buyer was HRT Financial, adding an estimated $3M. The largest seller was Eminence Capital, exiting entirely with an estimated $13.5M sold.
- 226 institutional investors held Lennar Class B (LEN.B) as of Q3 2023, up from 224 in Q2 2023.
- Funds reported $984M of Lennar Class B stock for Q3 2023, down 16% quarter-over-quarter.
- 26 funds opened new Lennar Class B positions in Q3 2023 and 21 closed out, a net change of +5 holders.
- The largest Lennar Class B buyer in Q3 2023 was HRT Financial, an estimated $3M added.
- The largest Lennar Class B seller in Q3 2023 was Eminence Capital, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2023.