Lennar Class A
386 hedge funds and large institutions have $7.61B invested in Lennar Class A in 2014 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 146 increasing their positions, 133 reducing their positions, and 31 closing their positions.
94% more call options, than puts
Call options by funds: $316M | Put options by funds: $163M
29% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 31
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
2% more funds holding
Funds holding: 380 → 386 (+6)
10% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 133
7.36% less ownership
Funds ownership: 117.34% → 109.98% (-7.4%)
19% less capital invested
Capital invested by funds: $9.38B → $7.61B (-$1.77B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$68M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$51.8M |
| 3 |
THSP
Taube Hodson Stonex Partners
London,
United Kingdom
|
+$44.9M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$41.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$497M |
| 2 |
JP Morgan Chase
New York
|
-$110M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$71.2M |
| 4 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$53.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.7M |
LEN Hedge Fund Activity: Q2 2014 in Review
386 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q2 2014, worth a combined $7.61B — down 19% from $9.38B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new LEN positions and 31 closed out — a net gain of 9 holders — while 146 added to existing stakes and 133 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $68M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $497M.
- 386 institutional investors held Lennar Class A (LEN) as of Q2 2014, up from 380 in Q1 2014.
- Funds reported $7.61B of Lennar Class A stock for Q2 2014, down 19% quarter-over-quarter.
- 40 funds opened new Lennar Class A positions in Q2 2014 and 31 closed out, a net change of +9 holders.
- The largest Lennar Class A buyer in Q2 2014 was Manulife (Manufacturers Life Insurance), an estimated $68M added.
- The largest Lennar Class A seller in Q2 2014 was BNP Paribas Financial Markets, an estimated $497M sold.
Based on aggregated 13F filings for Q2 2014.