Lennar Class A
LEN
498 hedge funds and large institutions have $10.2B invested in Lennar Class A in 2017 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 185 increasing their positions, 158 reducing their positions, and 40 closing their positions.
58% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 40
39% more call options, than puts
Call options by funds: $107M | Put options by funds: $77M
17% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 158
4% more funds holding
Funds holding: 477 → 498 (+21)
2% more capital invested
Capital invested by funds: $9.96B → $10.2B (+$235M)
1.58% less ownership
Funds ownership: 100.52% → 98.94% (-1.6%)
29% less funds holding in top 10
Funds holding in top 10: 17 → 12 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$59.1M |
| 2 |
D.E. Shaw & Co
New York
|
+$42.5M |
| 3 |
Millennium Management
New York
|
+$36.5M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$32.6M |
| 5 |
SCM
Smead Capital Management
Phoenix,
Arizona
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$169M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$66.2M |
| 3 |
LPC
Long Pond Capital
New York
|
-$65.9M |
| 4 |
OC
Oakmont Corp
Los Angeles,
California
|
-$38.4M |
| 5 |
Sanders Capital
West Palm Beach,
Florida
|
-$29.1M |
LEN Hedge Fund Activity: Q2 2017 in Review
498 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q2 2017, worth a combined $10.2B — up 2.4% from $9.96B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new LEN positions and 40 closed out — a net gain of 23 holders — while 185 added to existing stakes and 158 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $59.1M. The largest seller was Wellington Management Group, cutting an estimated $169M.
- 498 institutional investors held Lennar Class A (LEN) as of Q2 2017, up from 477 in Q1 2017.
- Funds reported $10.2B of Lennar Class A stock for Q2 2017, up 2.4% quarter-over-quarter.
- 63 funds opened new Lennar Class A positions in Q2 2017 and 40 closed out, a net change of +23 holders.
- The largest Lennar Class A buyer in Q2 2017 was Morgan Stanley, an estimated $59.1M added.
- The largest Lennar Class A seller in Q2 2017 was Wellington Management Group, an estimated $169M sold.
Based on aggregated 13F filings for Q2 2017.