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229 hedge funds and large institutions have $4.27B invested in NVR in 2014 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 63 increasing their positions, 90 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 17

12% more capital invested

Capital invested by funds: $3.8B → $4.27B (+$471M)

11% more funds holding

Funds holding: 207229 (+22)

1.5% more ownership

Funds ownership: 84.15%85.65% (+1.5%)

30% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 90

33% less funds holding in top 10

Funds holding in top 10: 96 (-3)

Holders
229
Holders Change
+22
Holders Change %
+10.63%
% of All Funds
6.61%
Holding in Top 10
6
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-33.33%
% of All Funds
0.17%
New
41
Increased
63
Reduced
90
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
Pennant Capital Management
New Jersey
$282M
Vanguard Group
2
Vanguard Group
Pennsylvania
$271M +$13.6M +12,076 +5%
BFA
3
BlackRock Fund Advisors
California
$242M -$20.2M -17,939 -8%
IAM
4
Impala Asset Management
Florida
$231M +$31.2M +27,670 +16%
State Street
5
State Street
Massachusetts
$211M -$16.4M -14,529 -7%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$200M +$63.6M +56,494 +48%
Fidelity International
7
Fidelity International
Bermuda
$199M -$36.8M -32,658 -16%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$182M -$15.4M -13,639 -8%
BIT
9
BlackRock Institutional Trust
California
$140M +$2.76M +2,450 +2%
Dodge & Cox
10
Dodge & Cox
California
$134M +$281K +250 +0.2%
RA
11
Royce & Associates
New York
$122M +$12.4M +11,049 +12%
CWAM
12
Columbia Wanger Asset Management
Illinois
$121M
TCIM
13
TIAA CREF Investment Management
New York
$116M +$5.05M +4,483 +5%
MGC
14
Merchants' Gate Capital
New York
$112M -$59.9M -53,181 -35%
U
15
UBS
Switzerland
$99.4M -$2.38M -2,110 -2%
CGM
16
Capital Growth Management
Massachusetts
$93.8M +$92.1M +81,800 New
Kayne Anderson Rudnick Investment Management
17
Kayne Anderson Rudnick Investment Management
California
$84.3M +$1.4M +1,240 +2%
CB
18
Cooke & Bieler
Pennsylvania
$66.6M -$57.4M -51,016 -47%
MA
19
Marshfield Associates
District of Columbia
$54.5M -$1.37M -1,221 -3%
FMI
20
Fiduciary Management Inc
Wisconsin
$53.9M +$16.2M +14,349 +44%
SC
21
Samlyn Capital
New York
$53.7M +$52.7M +46,849 New
Bank of New York Mellon
22
Bank of New York Mellon
New York
$48.8M -$2.75M -2,441 -5%
Westfield Capital Management
23
Westfield Capital Management
Massachusetts
$45.5M -$45.4M -40,294 -50%
Norges Bank
24
Norges Bank
Norway
$39.7M
JP Morgan Chase
25
JP Morgan Chase
New York
$39M +$27.2M +24,142 +245%

NVR Hedge Fund Activity: Q1 2014 in Review

229 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in NVR (NVR) for Q1 2014, worth a combined $4.27B — up 12% from $3.8B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new NVR positions and 17 closed out — a net gain of 24 holders — while 63 added to existing stakes and 90 trimmed.

The largest buyer was Capital Growth Management, opening a new position worth an estimated $92.1M. The largest seller was Maverick Capital, exiting entirely with an estimated $96.2M sold.

  • 229 institutional investors held NVR (NVR) as of Q1 2014, up from 207 in Q4 2013.
  • Funds reported $4.27B of NVR stock for Q1 2014, up 12% quarter-over-quarter.
  • 41 funds opened new NVR positions in Q1 2014 and 17 closed out, a net change of +24 holders.
  • The largest NVR buyer in Q1 2014 was Capital Growth Management, an estimated $92.1M added.
  • The largest NVR seller in Q1 2014 was Maverick Capital, an estimated $96.2M sold.

Based on aggregated 13F filings for Q1 2014.