Lennar Class A
474 hedge funds and large institutions have $7.93B invested in Lennar Class A in 2016 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 191 increasing their positions, 147 reducing their positions, and 53 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 147
2% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 53
1% less funds holding
Funds holding: 481 → 474 (-7)
4.45% less ownership
Funds ownership: 109.21% → 104.77% (-4.4%)
10% less capital invested
Capital invested by funds: $8.79B → $7.93B (-$859M)
37% less call options, than puts
Call options by funds: $44.5M | Put options by funds: $71.2M
53% less funds holding in top 10
Funds holding in top 10: 19 → 9 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$87.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$38.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$31.5M |
| 4 |
LPC
Long Pond Capital
New York
|
+$30.7M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$168M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$120M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$54.8M |
| 4 |
Neuberger Berman Group
New York
|
-$54M |
| 5 |
O
OppenheimerFunds
New York
|
-$52.9M |
LEN Hedge Fund Activity: Q3 2016 in Review
474 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q3 2016, worth a combined $7.93B — down 9.8% from $8.79B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of LEN and 52 opened new positions — a net loss of 1 holder — while 147 trimmed existing stakes and 191 added.
The largest buyer was Hexavest, opening a new position worth an estimated $87.1M. The largest seller was Capital Growth Management, cutting an estimated $168M.
- 474 institutional investors held Lennar Class A (LEN) as of Q3 2016, down from 481 in Q2 2016.
- Funds reported $7.93B of Lennar Class A stock for Q3 2016, down 9.8% quarter-over-quarter.
- 52 funds opened new Lennar Class A positions in Q3 2016 and 53 closed out, a net change of -1 holder.
- The largest Lennar Class A buyer in Q3 2016 was Hexavest, an estimated $87.1M added.
- The largest Lennar Class A seller in Q3 2016 was Capital Growth Management, an estimated $168M sold.
Based on aggregated 13F filings for Q3 2016.