Lennar Class A
665 hedge funds and large institutions have $21.4B invested in Lennar Class A in 2020 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 230 increasing their positions, 229 reducing their positions, and 68 closing their positions.
71% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 68
34% more capital invested
Capital invested by funds: $16B → $21.4B (+$5.45B)
21% more funds holding in top 10
Funds holding in top 10: 14 → 17 (+3)
7% more funds holding
Funds holding: 619 → 665 (+46)
1.34% more ownership
Funds ownership: 97.36% → 98.7% (+1.3%)
0% more repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 229
25% less call options, than puts
Call options by funds: $262M | Put options by funds: $350M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$332M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$320M |
| 3 |
AssetMark Inc
Concord,
California
|
+$51.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$51.5M |
| 5 |
CF
Cypress Funds
Los Angeles,
California
|
+$39.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Greenhaven Associates
Purchase,
New York
|
-$137M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$98.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$80.5M |
| 4 |
BWA
Brave Warrior Advisors
New York
|
-$74.5M |
| 5 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$64.8M |
LEN Hedge Fund Activity: Q3 2020 in Review
665 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q3 2020, worth a combined $21.4B — up 34% from $16B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new LEN positions and 68 closed out — a net gain of 48 holders — while 230 added to existing stakes and 229 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $332M. The largest seller was Greenhaven Associates, cutting an estimated $137M.
- 665 institutional investors held Lennar Class A (LEN) as of Q3 2020, up from 619 in Q2 2020.
- Funds reported $21.4B of Lennar Class A stock for Q3 2020, up 34% quarter-over-quarter.
- 116 funds opened new Lennar Class A positions in Q3 2020 and 68 closed out, a net change of +48 holders.
- The largest Lennar Class A buyer in Q3 2020 was Fidelity Investments, an estimated $332M added.
- The largest Lennar Class A seller in Q3 2020 was Greenhaven Associates, an estimated $137M sold.
Based on aggregated 13F filings for Q3 2020.