Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

HOVNANIAN ENTERPRISES INC (HOV)

140 + Investors. Track Smart Money conviction in HOV. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -16
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — HOV

Based on 140 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HOV positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 89% of 3.0Y peak

89% of all-time peak
140 funds currently hold this stock — 89% of the 3.0-year high of 158 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 8% fewer funds vs a year ago

fund count last 6Q
13 fewer hedge funds hold HOV compared to a year ago (-8% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 47% buying

67 buying75 selling
Last quarter: 75 funds reduced or exited vs 67 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 22 → 27 → 25 → 14. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 33% medium ■ 11% new
78 out of 140 hedge funds have held HOV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -1%, value -25%

Value
-24%
Shares
0%
Last quarter: funds added -1% more shares while total portfolio value only changed -25%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

24 → 22 → 27 → 25 → 14 new funds/Q
New funds entering each quarter: 22 → 27 → 25 → 14. HOV is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 64% of holders stayed 2+ years

■ 64% veterans ■ 17% 1-2yr ■ 19% new
Of 140 current holders: 90 (64%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
30 of 140 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in HOV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — HOV

In 2025 Q4, 67 hedge funds were net buyers of HOV (14 opened a new position, 53 added to an existing one), while 75 reduced or exited (45 trimmed, 30 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 44% of total institutional value in HOV is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -16 funds (more exits than new entries). Total institutional holders: 140.

Hedge Fund Ownership: HOV

How many hedge funds hold HOV — quarterly history vs. share price
Quarterly hedge fund ownership of HOV vs. share price

Market Analysis: HOV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HOV

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

32 top-rated funds 0 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: HOV
2026 Q1 Stats Unlock in 3 days 140 + Investors

Track Smart Money conviction in HOV. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 140 156 -10.26%
13F Shares 3M 3M -0.69%
Total Value $310M $411M -24.57%
New Positions 14 25 -11
Increased Positions 53 46 +7
Closed Positions 30 17 +13
Reduced Positions 45 52 -7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HOV

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Financial Highlights

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Institutional Holders (2026 Q1)

140 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HOV. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of HOV — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Forager Capital Management, LLC 13.05% 236,315 $26.2M
2 TOWLE & CO 2.65% 61,581 $6.8M
3 TLS Advisors LLC 1.02% 3,872 —
4 VARCOV Co. 0.52% 12,505 $1.4M
5 GLOBEFLEX CAPITAL L P 0.29% 17,534 $1.9M
6 DENALI ADVISORS LLC 0.20% 16,111 $1.8M
7 EntryPoint Capital, LLC 0.15% 4,590 $509K
8 Oakum Bay Capital LLC 0.15% 2,441 $271K
9 Legal Advantage Investments, Inc. 0.11% 1,950 $216K
10 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.11% 49,715 $5.5M
11 GW&K Investment Management, LLC 0.10% 107,148 $12K
12 GSA CAPITAL PARTNERS LLP 0.06% 9,156 $1K
13 Empowered Funds, LLC 0.05% 73,146 $8.1M
14 PDT Partners, LLC 0.05% 7,236 $803K
15 D'Orazio & Associates, Inc. 0.04% 2,458 $273K
16 Quadrature Capital Ltd 0.03% 25,008 $2.8M
17 Koss-Olinger Consulting, LLC 0.03% 3,291 $365K
18 Trexquant Investment LP 0.03% 36,715 $4.1M
19 RENAISSANCE TECHNOLOGIES LLC 0.03% 163,415 $18.1M
20 Mutual Advisors, LLC 0.03% 11,448 $1.3M
21 ALGERT GLOBAL LLC 0.03% 15,484 $2K
22 RBF Capital, LLC 0.02% 4,000 $444K
23 BOOTHBAY FUND MANAGEMENT, LLC 0.02% 12,521 $1.4M
24 ROYCE & ASSOCIATES LP 0.02% 14,155 $1.6M
25 PEAPACK GLADSTONE FINANCIAL CORP 0.01% 9,335 $1K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — HOVNANIAN ENTERPRISES INC (HOV)

What does the Smart Money Trend signal show for HOV?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their HOV positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for HOV?

More sellers than buyers — 47% buying: Last quarter: 75 funds reduced or exited vs 67 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for HOV holders?

Elite ownership — 44% AUM from top-100 funds: 30 of 140 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in HOV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held HOV?

56% of holders stayed for 2+ years: 78 out of 140 hedge funds have held HOV for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.