Lennar Class A
LEN
785 hedge funds and large institutions have $25.1B invested in Lennar Class A in 2023 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 280 increasing their positions, 275 reducing their positions, and 71 closing their positions.
49% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 71
17% more capital invested
Capital invested by funds: $21.5B → $25.1B (+$3.66B)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
3% more funds holding
Funds holding: 762 → 785 (+23)
1.26% more ownership
Funds ownership: 97.65% → 98.91% (+1.3%)
2% more repeat investments, than reductions
Existing positions increased: 280 | Existing positions reduced: 275
5% less call options, than puts
Call options by funds: $385M | Put options by funds: $406M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$363M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$154M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$130M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$58M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$45.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$174M |
| 2 |
MIHAS
Maj Invest Holding A/S
Copenhagen K,
Denmark
|
-$133M |
| 3 |
Millennium Management
New York
|
-$114M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$61.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$57.6M |
LEN Hedge Fund Activity: Q1 2023 in Review
785 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q1 2023, worth a combined $25.1B — up 17% from $21.5B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new LEN positions and 71 closed out — a net gain of 35 holders — while 280 added to existing stakes and 275 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $363M. The largest seller was Aristotle Capital Management, cutting an estimated $174M.
- 785 institutional investors held Lennar Class A (LEN) as of Q1 2023, up from 762 in Q4 2022.
- Funds reported $25.1B of Lennar Class A stock for Q1 2023, up 17% quarter-over-quarter.
- 106 funds opened new Lennar Class A positions in Q1 2023 and 71 closed out, a net change of +35 holders.
- The largest Lennar Class A buyer in Q1 2023 was Envestnet Asset Management, an estimated $363M added.
- The largest Lennar Class A seller in Q1 2023 was Aristotle Capital Management, an estimated $174M sold.
Based on aggregated 13F filings for Q1 2023.