Lennar Class A
563 hedge funds and large institutions have $10.8B invested in Lennar Class A in 2018 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 178 increasing their positions, 213 reducing their positions, and 116 closing their positions.
94% more call options, than puts
Call options by funds: $167M | Put options by funds: $86.2M
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
2.99% less ownership
Funds ownership: 100.23% → 97.24% (-3%)
4% less funds holding
Funds holding: 588 → 563 (-25)
16% less repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 213
18% less capital invested
Capital invested by funds: $13.2B → $10.8B (-$2.43B)
19% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$453M |
| 2 |
ABI
Abrams Bison Investments
Bethesda,
Maryland
|
+$124M |
| 3 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$113M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$106M |
| 5 |
Morgan Stanley
New York
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$241M |
| 2 |
EC
Eminence Capital
New York
|
-$202M |
| 3 |
JP Morgan Chase
New York
|
-$180M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
-$133M |
| 5 |
LPC
Long Pond Capital
New York
|
-$121M |
LEN Hedge Fund Activity: Q4 2018 in Review
563 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q4 2018, worth a combined $10.8B — down 18% from $13.2B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of LEN and 94 opened new positions — a net loss of 22 holders — while 213 trimmed existing stakes and 178 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $453M. The largest seller was Third Point, exiting entirely with an estimated $241M sold.
- 563 institutional investors held Lennar Class A (LEN) as of Q4 2018, down from 588 in Q3 2018.
- Funds reported $10.8B of Lennar Class A stock for Q4 2018, down 18% quarter-over-quarter.
- 94 funds opened new Lennar Class A positions in Q4 2018 and 116 closed out, a net change of -22 holders.
- The largest Lennar Class A buyer in Q4 2018 was Fidelity International, an estimated $453M added.
- The largest Lennar Class A seller in Q4 2018 was Third Point, an estimated $241M sold.
Based on aggregated 13F filings for Q4 2018.