Lennar Class A
LEN
480 hedge funds and large institutions have $8.79B invested in Lennar Class A in 2016 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 186 increasing their positions, 147 reducing their positions, and 45 closing their positions.
47% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 45
27% more repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 147
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
3% more funds holding
Funds holding: 464 → 480 (+16)
4% less capital invested
Capital invested by funds: $9.18B → $8.79B (-$390M)
8% less call options, than puts
Call options by funds: $62.3M | Put options by funds: $67.9M
1.61% less ownership
Funds ownership: 110.89% → 109.28% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$96.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$43.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.8M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$17M |
| 5 |
D.E. Shaw & Co
New York
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$93M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$69M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$32M |
| 4 |
Morgan Stanley
New York
|
-$29.5M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$28.1M |
LEN Hedge Fund Activity: Q2 2016 in Review
480 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q2 2016, worth a combined $8.79B — down 4.2% from $9.18B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new LEN positions and 45 closed out — a net gain of 21 holders — while 186 added to existing stakes and 147 trimmed.
The largest buyer was Long Pond Capital, opening a new position worth an estimated $96.4M. The largest seller was Royal London Asset Management, cutting an estimated $93M.
- 480 institutional investors held Lennar Class A (LEN) as of Q2 2016, up from 464 in Q1 2016.
- Funds reported $8.79B of Lennar Class A stock for Q2 2016, down 4.2% quarter-over-quarter.
- 66 funds opened new Lennar Class A positions in Q2 2016 and 45 closed out, a net change of +21 holders.
- The largest Lennar Class A buyer in Q2 2016 was Long Pond Capital, an estimated $96.4M added.
- The largest Lennar Class A seller in Q2 2016 was Royal London Asset Management, an estimated $93M sold.
Based on aggregated 13F filings for Q2 2016.