Lennar Class A
LEN
464 hedge funds and large institutions have $9.18B invested in Lennar Class A in 2016 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 197 increasing their positions, 143 reducing their positions, and 62 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 143
16% more call options, than puts
Call options by funds: $114M | Put options by funds: $98.3M
3% more capital invested
Capital invested by funds: $8.87B → $9.18B (+$308M)
3% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 62
0% less funds holding
Funds holding: 465 → 464 (-1)
1.34% less ownership
Funds ownership: 112.23% → 110.89% (-1.3%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$131M |
| 2 |
Sanders Capital
West Palm Beach,
Florida
|
+$96.7M |
| 3 |
Royal London Asset Management
United Kingdom
|
+$87.9M |
| 4 |
TAM
Third Avenue Management
New York
|
+$48.4M |
| 5 |
Neuberger Berman Group
New York
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$148M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$62.9M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$44.8M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$41.3M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$37.5M |
LEN Hedge Fund Activity: Q1 2016 in Review
464 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q1 2016, worth a combined $9.18B — up 3.5% from $8.87B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new LEN positions and 62 closed out — a net gain of 2 holders — while 197 added to existing stakes and 143 trimmed.
The largest buyer was Eminence Capital, opening a new position worth an estimated $131M. The largest seller was Fidelity Investments, cutting an estimated $148M.
- 464 institutional investors held Lennar Class A (LEN) as of Q1 2016, down from 465 in Q4 2015.
- Funds reported $9.18B of Lennar Class A stock for Q1 2016, up 3.5% quarter-over-quarter.
- 64 funds opened new Lennar Class A positions in Q1 2016 and 62 closed out, a net change of +2 holders.
- The largest Lennar Class A buyer in Q1 2016 was Eminence Capital, an estimated $131M added.
- The largest Lennar Class A seller in Q1 2016 was Fidelity Investments, an estimated $148M sold.
Based on aggregated 13F filings for Q1 2016.