Lennar Class B
LEN.B
245 hedge funds and large institutions have $1.25B invested in Lennar Class B in 2023 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 51 increasing their positions, 79 reducing their positions, and 23 closing their positions.
109% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 23
27% more capital invested
Capital invested by funds: $984M → $1.25B (+$268M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
9% more funds holding
Funds holding: 225 → 245 (+20)
0.28% less ownership
Funds ownership: 29.01% → 28.73% (-0.28%)
35% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.63M |
| 3 |
Bank of New York Mellon
New York
|
+$1.25M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.03M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$940K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.41M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$8.4M |
| 3 |
6CM
683 Capital Management
New York
|
-$7.99M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$5.92M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.54M |
LEN.B Hedge Fund Activity: Q4 2023 in Review
245 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Lennar Class B (LEN.B) for Q4 2023, worth a combined $1.25B — up 27% from $984M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new LEN.B positions and 23 closed out — a net gain of 25 holders — while 51 added to existing stakes and 79 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.8M. The largest seller was Millennium Management, cutting an estimated $9.41M.
- 245 institutional investors held Lennar Class B (LEN.B) as of Q4 2023, up from 225 in Q3 2023.
- Funds reported $1.25B of Lennar Class B stock for Q4 2023, up 27% quarter-over-quarter.
- 48 funds opened new Lennar Class B positions in Q4 2023 and 23 closed out, a net change of +25 holders.
- The largest Lennar Class B buyer in Q4 2023 was Morgan Stanley, an estimated $19.8M added.
- The largest Lennar Class B seller in Q4 2023 was Millennium Management, an estimated $9.41M sold.
Based on aggregated 13F filings for Q4 2023.