Lennar Class A
390 hedge funds and large institutions have $9.26B invested in Lennar Class A in 2013 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 121 increasing their positions, 146 reducing their positions, and 41 closing their positions.
88% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 41
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
13% more capital invested
Capital invested by funds: $8.19B → $9.26B (+$1.07B)
10% more funds holding
Funds holding: 356 → 390 (+34)
5% less call options, than puts
Call options by funds: $233M | Put options by funds: $246M
5.81% less ownership
Funds ownership: 122.35% → 116.54% (-5.8%)
17% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 146
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$194M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$49.3M |
| 3 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$37.2M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$31.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$477M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$101M |
| 3 |
Goldman Sachs
New York
|
-$82.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$32.8M |
| 5 |
PC
PointState Capital
New York
|
-$31.3M |
LEN Hedge Fund Activity: Q4 2013 in Review
390 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q4 2013, worth a combined $9.26B — up 13% from $8.19B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new LEN positions and 41 closed out — a net gain of 36 holders — while 121 added to existing stakes and 146 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $194M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $477M.
- 390 institutional investors held Lennar Class A (LEN) as of Q4 2013, up from 356 in Q3 2013.
- Funds reported $9.26B of Lennar Class A stock for Q4 2013, up 13% quarter-over-quarter.
- 77 funds opened new Lennar Class A positions in Q4 2013 and 41 closed out, a net change of +36 holders.
- The largest Lennar Class A buyer in Q4 2013 was Wellington Management Group, an estimated $194M added.
- The largest Lennar Class A seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $477M sold.
Based on aggregated 13F filings for Q4 2013.