Pultegroup
410 hedge funds and large institutions have $5.86B invested in Pultegroup in 2014 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 125 increasing their positions, 152 reducing their positions, and 47 closing their positions.
55% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 47
5% more funds holding
Funds holding: 390 → 410 (+20)
2.83% less ownership
Funds ownership: 83.03% → 80.2% (-2.8%)
9% less capital invested
Capital invested by funds: $6.46B → $5.86B (-$606M)
18% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 152
29% less call options, than puts
Call options by funds: $109M | Put options by funds: $153M
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$98.7M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$62.3M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$29.3M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$26.2M |
| 5 |
WCM
Winton Capital Management
London,
United Kingdom
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$167M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$86.2M |
| 3 |
Bank of New York Mellon
New York
|
-$60M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$43.2M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$35.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
451
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$10K | -500 | Closed |
|
452
M&T Bank
Buffalo,
New York
| – | -$8K | -376 | Closed |
|
|
HNB
453
Huntington National Bank
Columbus,
Ohio
| – | -$6K | -322 | Closed |
|
|
HR
454
Howe & Rusling
Rochester,
New York
| – | -$6K | -298 | Closed |
|
|
GI
455
Gradient Investments
Arden Hills,
Minnesota
| – | -$3K | -149 | Closed |
|
456
First Manhattan
New York
| – | -$987 | -50 | Closed |
|
|
FMII
457
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$1K | -39 | Closed |
|
PHM Hedge Fund Activity: Q1 2014 in Review
410 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Pultegroup (PHM) for Q1 2014, worth a combined $5.86B — down 9.4% from $6.46B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new PHM positions and 47 closed out — a net gain of 26 holders — while 125 added to existing stakes and 152 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $98.7M. The largest seller was AllianceBernstein, cutting an estimated $167M.
- 410 institutional investors held Pultegroup (PHM) as of Q1 2014, up from 390 in Q4 2013.
- Funds reported $5.86B of Pultegroup stock for Q1 2014, down 9.4% quarter-over-quarter.
- 73 funds opened new Pultegroup positions in Q1 2014 and 47 closed out, a net change of +26 holders.
- The largest Pultegroup buyer in Q1 2014 was Capital World Investors, an estimated $98.7M added.
- The largest Pultegroup seller in Q1 2014 was AllianceBernstein, an estimated $167M sold.
Based on aggregated 13F filings for Q1 2014.