Champion Homes
133 hedge funds and large institutions have $997M invested in Champion Homes in 2019 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 59 increasing their positions, 31 reducing their positions, and 27 closing their positions.
120% more call options, than puts
Call options by funds: $4.36M | Put options by funds: $1.98M
90% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 31
36% more capital invested
Capital invested by funds: $734M → $997M (+$263M)
15% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 27
3.34% more ownership
Funds ownership: 89.15% → 92.48% (+3.3%)
3% more funds holding
Funds holding: 129 → 133 (+4)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$34.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$24.3M |
| 3 |
Bank of New York Mellon
New York
|
+$23.9M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$19.9M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Bain Capital Credit
Boston,
Massachusetts
|
-$70.3M |
| 2 |
CP
Centerbridge Partners
New York
|
-$66.3M |
| 3 |
MCO
MAK Capital One
New York
|
-$27.5M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$24M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$13.2M |
SKY Hedge Fund Activity: Q1 2019 in Review
133 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Champion Homes (SKY) for Q1 2019, worth a combined $997M — up 36% from $734M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SKY positions and 27 closed out — a net gain of 4 holders — while 59 added to existing stakes and 31 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $34.6M. The largest seller was Bain Capital Credit, exiting entirely with an estimated $70.3M sold.
- 133 institutional investors held Champion Homes (SKY) as of Q1 2019, up from 129 in Q4 2018.
- Funds reported $997M of Champion Homes stock for Q1 2019, up 36% quarter-over-quarter.
- 31 funds opened new Champion Homes positions in Q1 2019 and 27 closed out, a net change of +4 holders.
- The largest Champion Homes buyer in Q1 2019 was AllianceBernstein, an estimated $34.6M added.
- The largest Champion Homes seller in Q1 2019 was Bain Capital Credit, an estimated $70.3M sold.
Based on aggregated 13F filings for Q1 2019.