NVR
207 hedge funds and large institutions have $3.8B invested in NVR in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 57 increasing their positions, 77 reducing their positions, and 21 closing their positions.
90% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 21
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
10% more funds holding
Funds holding: 189 → 207 (+18)
8% more capital invested
Capital invested by funds: $3.53B → $3.8B (+$269M)
0.25% less ownership
Funds ownership: 84.4% → 84.15% (-0.25%)
26% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$115M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$83.4M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$68.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.5M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$51.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$134M |
| 2 |
MGC
Merchants' Gate Capital
New York
|
-$72M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$68.1M |
| 4 |
JP Morgan Chase
New York
|
-$48.5M |
| 5 |
Goldman Sachs
New York
|
-$40M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWI
226
Thomas White International
Chicago,
Illinois
| – | -$332K | -361 | Closed |
|
|
WF
227
WealthTrust Fairport
Cleveland,
Ohio
| – | -$35K | -38 | Closed |
|
228
Victory Capital Management
San Antonio,
Texas
| – | -$3K | -4 | Closed |
|
NVR Hedge Fund Activity: Q4 2013 in Review
207 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in NVR (NVR) for Q4 2013, worth a combined $3.8B — up 7.6% from $3.53B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new NVR positions and 21 closed out — a net gain of 19 holders — while 57 added to existing stakes and 77 trimmed.
The largest buyer was Fidelity International, adding an estimated $115M. The largest seller was Maverick Capital, cutting an estimated $134M.
- 207 institutional investors held NVR (NVR) as of Q4 2013, up from 189 in Q3 2013.
- Funds reported $3.8B of NVR stock for Q4 2013, up 7.6% quarter-over-quarter.
- 40 funds opened new NVR positions in Q4 2013 and 21 closed out, a net change of +19 holders.
- The largest NVR buyer in Q4 2013 was Fidelity International, an estimated $115M added.
- The largest NVR seller in Q4 2013 was Maverick Capital, an estimated $134M sold.
Based on aggregated 13F filings for Q4 2013.