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Lennar Class A

380 hedge funds and large institutions have $9.01B invested in Lennar Class A in 2014 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 158 increasing their positions, 105 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 105

0.79% more ownership

Funds ownership: 116.54%117.34% (+0.79%)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

3% less capital invested

Capital invested by funds: $9.26B → $9.01B (-$245M)

8% less call options, than puts

Call options by funds: $133M | Put options by funds: $144M

3% less funds holding

Funds holding: 390380 (-10)

11% less first-time investments, than exits

New positions opened: 48 | Existing positions closed: 54

Holders
380
Holders Change
-10
Holders Change %
-2.56%
% of All Funds
10.97%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.23%
New
48
Increased
158
Reduced
105
Closed
54
Calls
$133M
Puts
$144M
Net Calls
-$11M
Net Calls Change
+$2.32M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
1
BNP Paribas Financial Markets
France
$2.22B +$502M +13,131,989 +11,174%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$679M +$39.9M +1,043,625 +6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$455M +$43.3M +1,132,069 +10%
State Street
4
State Street
Massachusetts
$324M -$23.7M -619,611 -7%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$290M +$3.39M +88,784 +1%
Neuberger Berman Group
6
Neuberger Berman Group
New York
$277M +$14.5M +378,331 +5%
CGM
7
Capital Growth Management
Massachusetts
$269M
BFA
8
BlackRock Fund Advisors
California
$243M -$4.65M -121,531 -2%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$218M -$158M -4,134,246 -42%
MAM
10
Marketfield Asset Management
New York
$212M +$215M +5,615,381 New
JP Morgan Chase
11
JP Morgan Chase
New York
$192M -$33.7M -882,703 -15%
BIT
12
BlackRock Institutional Trust
California
$182M +$6.48M +169,656 +4%
Aristotle Capital Management
13
Aristotle Capital Management
California
$176M -$1.16M -30,305 -0.6%
TG
14
TCW Group
California
$139M +$14.3M +374,133 +11%
Citadel Advisors
15
Citadel Advisors
Florida
$139M +$25.4M +665,627 +22%
IAM
16
Impala Asset Management
Florida
$123M +$125M +3,271,391 New
EC
17
Eminence Capital
New York
$98.4M +$212K +5,549 +0.2%
Capital World Investors
18
Capital World Investors
California
$97.4M +$73.9M +1,933,032 +297%
Northern Trust
19
Northern Trust
Illinois
$85.5M +$3.8M +99,458 +5%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$81.5M +$59.9M +1,567,732 +264%
Deutsche Bank
21
Deutsche Bank
Germany
$81.1M +$10.3M +270,589 +14%
GA
22
GRS Advisors
Illinois
$79.2M +$3.86M +101,064 +5%
MNA
23
Manning & Napier Advisors
New York
$78.4M +$60.4M +1,579,678 +316%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$73.6M +$2.69M +70,481 +4%
Lord, Abbett & Co
25
Lord, Abbett & Co
New Jersey
$61.8M +$38.9M +1,016,594 +163%

LEN Hedge Fund Activity: Q1 2014 in Review

380 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q1 2014, worth a combined $9.01B — down 2.6% from $9.26B a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of LEN and 48 opened new positions — a net loss of 6 holders — while 105 trimmed existing stakes and 158 added.

The largest buyer was BNP Paribas Financial Markets, adding an estimated $502M. The largest seller was Fidelity Investments, cutting an estimated $158M.

  • 380 institutional investors held Lennar Class A (LEN) as of Q1 2014, down from 390 in Q4 2013.
  • Funds reported $9.01B of Lennar Class A stock for Q1 2014, down 2.6% quarter-over-quarter.
  • 48 funds opened new Lennar Class A positions in Q1 2014 and 54 closed out, a net change of -6 holders.
  • The largest Lennar Class A buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $502M added.
  • The largest Lennar Class A seller in Q1 2014 was Fidelity Investments, an estimated $158M sold.

Based on aggregated 13F filings for Q1 2014.