Lennar Class A
LEN
424 hedge funds and large institutions have $7.82B invested in Lennar Class A in 2014 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 142 increasing their positions, 129 reducing their positions, and 40 closing their positions.
103% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 40
51% more call options, than puts
Call options by funds: $440M | Put options by funds: $292M
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
14% more capital invested
Capital invested by funds: $6.85B → $7.82B (+$967M)
10% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 129
8% more funds holding
Funds holding: 392 → 424 (+32)
2.11% less ownership
Funds ownership: 111.57% → 109.46% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$180M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$135M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$76.4M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
+$47.3M |
| 5 |
ECM
Element Capital Management
New York
|
+$42.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$134M |
| 2 |
EC
Eminence Capital
New York
|
-$119M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$92.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$89.5M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$78.3M |
LEN Hedge Fund Activity: Q4 2014 in Review
424 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q4 2014, worth a combined $7.82B — up 14% from $6.85B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new LEN positions and 40 closed out — a net gain of 41 holders — while 142 added to existing stakes and 129 trimmed.
The largest buyer was Bank of America, adding an estimated $180M. The largest seller was Impala Asset Management, cutting an estimated $134M.
- 424 institutional investors held Lennar Class A (LEN) as of Q4 2014, up from 392 in Q3 2014.
- Funds reported $7.82B of Lennar Class A stock for Q4 2014, up 14% quarter-over-quarter.
- 81 funds opened new Lennar Class A positions in Q4 2014 and 40 closed out, a net change of +41 holders.
- The largest Lennar Class A buyer in Q4 2014 was Bank of America, an estimated $180M added.
- The largest Lennar Class A seller in Q4 2014 was Impala Asset Management, an estimated $134M sold.
Based on aggregated 13F filings for Q4 2014.