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Lennar Class A

386 hedge funds and large institutions have $7.74B 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.

New
Increased
Maintained
Reduced
Closed

95% more call options, than puts

Call options by funds: $314M | Put options by funds: $161M

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: 810 (+2)

2% more funds holding

Funds holding: 380386 (+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%)

14% less capital invested

Capital invested by funds: $9.01B → $7.74B (-$1.27B)

Holders
386
Holders Change
+6
Holders Change %
+1.58%
% of All Funds
11.1%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.29%
New
40
Increased
146
Reduced
133
Closed
31
Calls
$314M
Puts
$161M
Net Calls
+$153M
Net Calls Change
+$164M
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$644M -$71.2M -1,877,283 -10%
Vanguard Group
2
Vanguard Group
Pennsylvania
$496M +$13.2M +349,487 +3%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$467M +$68M +1,794,603 +18%
State Street
4
State Street
Massachusetts
$342M -$1.05M -27,616 -0.3%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$307M -$670K -17,687 -0.2%
CGM
6
Capital Growth Management
Massachusetts
$285M
Neuberger Berman Group
7
Neuberger Berman Group
New York
$276M -$16.4M -431,589 -6%
BFA
8
BlackRock Fund Advisors
California
$270M +$12.4M +327,183 +5%
MAM
9
Marketfield Asset Management
New York
$218M -$7.24M -190,990 -3%
BIT
10
BlackRock Institutional Trust
California
$198M +$4.45M +117,274 +2%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$192M -$37.7M -993,907 -17%
Aristotle Capital Management
12
Aristotle Capital Management
California
$186M -$55.9K -1,474 -0%
BTS
13
BB&T Securities
Virginia
$177M +$15.8M +415,821 +1,550%
Citadel Advisors
14
Citadel Advisors
Florida
$152M +$4.69M +123,623 +3%
TG
15
TCW Group
California
$141M -$6.39M -168,514 -5%
IAM
16
Impala Asset Management
Florida
$118M -$11.7M -308,127 -9%
MNA
17
Manning & Napier Advisors
New York
$111M +$26.3M +693,912 +33%
Norges Bank
18
Norges Bank
Norway
$105M +$51.8M +1,366,591 +109%
Capital World Investors
19
Capital World Investors
California
$103M
Northern Trust
20
Northern Trust
Illinois
$92.5M +$1.89M +49,790 +2%
JP Morgan Chase
21
JP Morgan Chase
New York
$87.8M -$110M -2,905,139 -57%
EC
22
Eminence Capital
New York
$86.9M -$16.5M -433,949 -17%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$86.2M -$186K -4,901 -0.2%
GA
24
GRS Advisors
Illinois
$85.2M +$1.2M +31,727 +2%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$81.9M +$3.75M +98,907 +5%

LEN Hedge Fund Activity: Q2 2014 in Review

386 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q2 2014, worth a combined $7.74B — down 14% from $9.01B 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 $7.74B of Lennar Class A stock for Q2 2014, down 14% 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.