Pultegroup
695 hedge funds and large institutions have $11.8B invested in Pultegroup in 2023 Q1 according to their latest regulatory filings, with 113 funds opening new positions, 224 increasing their positions, 260 reducing their positions, and 63 closing their positions.
79% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 63
18% more capital invested
Capital invested by funds: $10B → $11.8B (+$1.84B)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
6% more funds holding
Funds holding: 656 → 695 (+39)
2.2% more ownership
Funds ownership: 89.69% → 91.89% (+2.2%)
14% less repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 260
57% less call options, than puts
Call options by funds: $106M | Put options by funds: $246M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$230M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$96.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$88.9M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$76M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
+$40M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$169M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$135M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$60.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$37.2M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$28.9M |
PHM Hedge Fund Activity: Q1 2023 in Review
695 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Pultegroup (PHM) for Q1 2023, worth a combined $11.8B — up 18% from $10B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new PHM positions and 63 closed out — a net gain of 50 holders — while 224 added to existing stakes and 260 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $230M. The largest seller was First Trust Advisors, cutting an estimated $169M.
- 695 institutional investors held Pultegroup (PHM) as of Q1 2023, up from 656 in Q4 2022.
- Funds reported $11.8B of Pultegroup stock for Q1 2023, up 18% quarter-over-quarter.
- 113 funds opened new Pultegroup positions in Q1 2023 and 63 closed out, a net change of +50 holders.
- The largest Pultegroup buyer in Q1 2023 was Envestnet Asset Management, an estimated $230M added.
- The largest Pultegroup seller in Q1 2023 was First Trust Advisors, an estimated $169M sold.
Based on aggregated 13F filings for Q1 2023.