Lennar Class A
LEN
472 hedge funds and large institutions have $8.25B invested in Lennar Class A in 2016 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 167 increasing their positions, 170 reducing their positions, and 61 closing their positions.
15% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 61
5% more capital invested
Capital invested by funds: $7.89B → $8.25B (+$355M)
0% more funds holding
Funds holding: 472 → 472 (0)
2% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 170
2.03% less ownership
Funds ownership: 104.77% → 102.74% (-2%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
25% less call options, than puts
Call options by funds: $70.6M | Put options by funds: $94.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$233M |
| 2 |
TAM
Third Avenue Management
New York
|
+$83.6M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$68.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$59M |
| 5 |
Renaissance Technologies
New York
|
+$50.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$133M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$79.5M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$76.5M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$49.1M |
| 5 |
OC
Oakmont Corp
Los Angeles,
California
|
-$44.9M |
LEN Hedge Fund Activity: Q4 2016 in Review
472 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q4 2016, worth a combined $8.25B — up 4.5% from $7.89B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new LEN positions and 61 closed out — a net gain of 9 holders — while 167 added to existing stakes and 170 trimmed.
The largest buyer was Eminence Capital, adding an estimated $233M. The largest seller was Fidelity Investments, cutting an estimated $133M.
- 472 institutional investors held Lennar Class A (LEN) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $8.25B of Lennar Class A stock for Q4 2016, up 4.5% quarter-over-quarter.
- 70 funds opened new Lennar Class A positions in Q4 2016 and 61 closed out, a net change of +9 holders.
- The largest Lennar Class A buyer in Q4 2016 was Eminence Capital, an estimated $233M added.
- The largest Lennar Class A seller in Q4 2016 was Fidelity Investments, an estimated $133M sold.
Based on aggregated 13F filings for Q4 2016.