Lennar Class A
478 hedge funds and large institutions have $10.1B invested in Lennar Class A in 2017 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 156 increasing their positions, 176 reducing their positions, and 57 closing their positions.
0.51% more ownership
Funds ownership: 98.94% → 99.45% (+0.51%)
1% less capital invested
Capital invested by funds: $10.2B → $10.1B (-$68.5M)
4% less funds holding
Funds holding: 498 → 478 (-20)
11% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 176
19% less call options, than puts
Call options by funds: $48.5M | Put options by funds: $60M
25% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 57
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$217M |
| 2 |
Millennium Management
New York
|
+$150M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$119M |
| 4 |
Goldman Sachs
New York
|
+$40.5M |
| 5 |
MCL
MIK Capital LLC
New York
|
+$34.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$96.3M |
| 2 |
Sanders Capital
West Palm Beach,
Florida
|
-$57M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$45.8M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$42.3M |
| 5 |
EC
Eminence Capital
New York
|
-$38.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
526
Barrett Asset Management
New York
| – | -$29K | -562 | Closed |
|
|
FC
527
Ferris Capital
Marlborough,
Massachusetts
| – | -$12K | -238 | Closed |
|
|
GI
528
Gradient Investments
Arden Hills,
Minnesota
| – | -$11K | -210 | Closed |
|
|
NA
529
NewEdge Advisors
New Orleans,
Louisiana
| – | -$7.64K | -147 | Closed |
|
|
WPA
530
West Paces Advisors
Atlanta,
Georgia
| – | -$1.28K | -25 | Closed |
|
|
CFA
531
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$1K | -23 | Closed |
|
532
Acadian Asset Management
Boston,
Massachusetts
| – | -$1K | -13 | Closed |
|
|
ED
533
Exane Derivatives
Paris,
France
| – | -$53 | -1 | Closed |
|
LEN Hedge Fund Activity: Q3 2017 in Review
478 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q3 2017, worth a combined $10.1B — down 0.67% from $10.2B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of LEN and 43 opened new positions — a net loss of 14 holders — while 176 trimmed existing stakes and 156 added.
The largest buyer was Viking Global Investors, adding an estimated $217M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $96.3M sold.
- 478 institutional investors held Lennar Class A (LEN) as of Q3 2017, down from 498 in Q2 2017.
- Funds reported $10.1B of Lennar Class A stock for Q3 2017, down 0.67% quarter-over-quarter.
- 43 funds opened new Lennar Class A positions in Q3 2017 and 57 closed out, a net change of -14 holders.
- The largest Lennar Class A buyer in Q3 2017 was Viking Global Investors, an estimated $217M added.
- The largest Lennar Class A seller in Q3 2017 was Allianz Asset Management, an estimated $96.3M sold.
Based on aggregated 13F filings for Q3 2017.