Lennar Class A
LEN
421 hedge funds and large institutions have $9.06B invested in Lennar Class A in 2015 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 160 increasing their positions, 146 reducing their positions, and 41 closing their positions.
29% more funds holding in top 10
Funds holding in top 10: 14 → 18 (+4)
1.02% more ownership
Funds ownership: 112.93% → 113.95% (+1%)
10% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 146
3% less capital invested
Capital invested by funds: $9.33B → $9.06B (-$266M)
3% less call options, than puts
Call options by funds: $159M | Put options by funds: $164M
5% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 41
2% less funds holding
Funds holding: 428 → 421 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$77.4M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$53.2M |
| 3 |
Morgan Stanley
New York
|
+$50.7M |
| 4 |
Sanders Capital
West Palm Beach,
Florida
|
+$39.2M |
| 5 |
Millennium Management
New York
|
+$38.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$111M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$85.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$58.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$44.3M |
| 5 |
MAM
Marketfield Asset Management
New York
|
-$30M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
451
Davenport & Co
Richmond,
Virginia
| – | -$203K | -4,108 | Closed |
|
452
Creative Planning
Overland Park,
Kansas
| – | -$144K | -2,922 | Closed |
|
|
QT
453
Quantbot Technologies
New York
| – | -$131K | -2,665 | Closed |
|
|
FMA
454
FNY Managed Accounts
New York
| – | -$130K | -2,626 | Closed |
|
|
PMAM
455
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$104K | -2,101 | Closed |
|
|
OAM
456
Orinda Asset Management
Lafayette,
California
| – | -$89K | -1,804 | Closed |
|
|
CS
457
Credential Securities
Vancouver,
| – | -$65.7K | -1,333 | Closed |
|
|
IC
458
Intersect Capital
San Ramon,
California
| – | -$23K | -525 | Closed |
|
|
JIC
459
Joel Isaacson & Co
New York
| – | -$21K | -433 | Closed |
|
|
ZB
460
Zions Bancorporation
Salt Lake City,
Utah
| – | -$20K | -403 | Closed |
|
|
PAM
461
PT Asset Management
Chicago,
Illinois
| – | -$12.1K | -263 | Closed |
|
462
Simplex Trading
Chicago,
Illinois
| – | -$12K | -250 | Closed |
|
LEN Hedge Fund Activity: Q2 2015 in Review
421 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q2 2015, worth a combined $9.06B — down 2.8% from $9.33B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of LEN and 39 opened new positions — a net loss of 2 holders — while 146 trimmed existing stakes and 160 added.
The largest buyer was UBS AM, adding an estimated $77.4M. The largest seller was Manning & Napier Advisors, cutting an estimated $111M.
- 421 institutional investors held Lennar Class A (LEN) as of Q2 2015, down from 428 in Q1 2015.
- Funds reported $9.06B of Lennar Class A stock for Q2 2015, down 2.8% quarter-over-quarter.
- 39 funds opened new Lennar Class A positions in Q2 2015 and 41 closed out, a net change of -2 holders.
- The largest Lennar Class A buyer in Q2 2015 was UBS AM, an estimated $77.4M added.
- The largest Lennar Class A seller in Q2 2015 was Manning & Napier Advisors, an estimated $111M sold.
Based on aggregated 13F filings for Q2 2015.