Forestar Group

FOR • NYSE

Forestar Group is a real estate - development company in the real estate sector on NYSE, led by Anthony W. Oxley, with a market cap of $1.4B. As of Q3 2025, 36% of shares are held by 158 institutional investors, with VANGUARD GROUP INC as the largest holder at 5.45%.

Chief Executive OfficerAnthony W. Oxley

Market Cap$1.4B

Real Estate - Development

Real Estate

Employees376.0

Websiteforestar.com

Country

United States of America

Overview

Overview of institutional ownership in FOR as of Q3 2025 with a market cap of $1.4B

All Institutions

Institutions: 158
Value Held: $488.3M
Shares Held: 18.4M
Avg Position: $3.1M
Median Position: $480.2K

Hedge Funds

Hedge Funds: 21
Value Held: $66.0M
Shares Held: 2.5M
Avg Position: $3.1M
Median Position: $1.5M

Ownership Breakdown

Institutional (non-HF)

31.24%

$422.3M

Hedge Funds

4.89%

$66.0M

Retail & Other

63.87%

$863.4M

Based on market cap of $1.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in FOR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$73.6M 0.00% of portfolio	5.45% 2.8M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	Gerard Kieran O'Reilly CEO	$73.4M 0.02% of portfolio	5.43% 2.8M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
B BlackRock, Inc. Institution	-	$41.6M 0.00% of portfolio	3.08% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
A AMERICAN CENTURY COMPANIES INC Institution	-	$18.7M 0.01% of portfolio	1.38% 702.2K shares	Q2 2021 Held for 4y 5m	$195.93B
W Woodson Capital Management, LP Hedge Fund•Long/Short	Jephthah Gerard Dais COO	$16.6M 3.20% of portfolio	1.23% 625.0K shares	Q1 2024 Held for 1y 8m	$519.9M
F First Eagle Investment Management, LLC Long Only Manager	Mehdi Asif Mahmud CEO	$14.3M 0.03% of portfolio	1.06% 537.3K shares	Q2 2024 Held for 1y 5m	$54.9B
H HEARTLAND ADVISORS INC Long Only Manager	William Richard Nasgovitz CEO	$13.7M 0.73% of portfolio	1.02% 516.1K shares	Q1 2019 Held for 6y 8m	$1.9B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$13.5M 0.00% of portfolio	1.00% 506.2K shares	Q3 2019 Held for 6y 2m	$691.34B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$13.4M 0.00% of portfolio	0.99% 503.7K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$13.4M 0.00% of portfolio	0.99% 503.1K shares	Q4 2021 Held for 3y 11m	$433.11B

Net Capital Flow

Institutional buying and selling activity for FOR in Q3 2025

Traded: +$11.0M
Buyers: 90
Sellers: 58
Total Bought: +$53.0M
Total Sold: −$42.0M
Avg Position: $2.7M

Biggest Buyers

Institution	Net Bought	Current Position
S Swedbank AB Institution	+$12.0M +450.0K shares	$13.3M 500.0K shares
GOLDMAN SACHS GROUP INC Institution	+$10.7M +402.2K shares	$13.5M 506.2K shares
R Russell Investments Group, Ltd. RIA/Wealth	+$3.0M +113.5K shares	$3.5M 132.3K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$3.0M +111.6K shares	$4.2M 159.1K shares
VANGUARD GROUP INC Institution	+$2.9M +110.3K shares	$73.6M 2.8M shares
BANK OF AMERICA CORP /DE/ Institution	+$2.5M +95.1K shares	$4.1M 152.6K shares
H Harel Insurance Investments & Financial Services Ltd. Institution	+$2.0M +75.5K shares	$2.0M 75.5K shares
MACKENZIE FINANCIAL CORP Long Only Manager	+$1.6M +58.5K shares	$1.6M 58.5K shares
S SANDLER CAPITAL MANAGEMENT Hedge Fund•Long/Short	+$1.3M +49.8K shares	$1.3M 49.8K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$1.3M +48.4K shares	$7.0M 264.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$5.1M −190.2K shares	$1.1M 41.4K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$3.2M −157.6K shares	Sold Off 0 shares
N Nuveen, LLC Institution	−$2.6M −98.4K shares	$1.9M 72.0K shares
W Woodson Capital Management, LP Hedge Fund•Long/Short	−$2.5M −95.0K shares	$16.6M 625.0K shares
B BlackRock, Inc. Institution	−$2.3M −86.1K shares	$41.6M 1.6M shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	−$2.0M −74.3K shares	$4.1M 154.1K shares
MORGAN STANLEY RIA/Wealth	−$1.8M −66.6K shares	$5.7M 213.0K shares
DENALI ADVISORS LLC Long Only Manager	−$1.3M −49.6K shares	$7.6M 287.2K shares
P Palogic Value Management, L.P. RIA/Wealth	−$1.3M −49.6K shares	$930.7K 35.0K shares
Numerai GP LLC Hedge Fund•Quant	−$1.3M −63.7K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FOR in Q3 2025

New Positions: 11
New Value: $2.3M
Exited Positions: 20
Exited Value: $10.1M

New Positions

Institution	Position Value
FORMULA GROWTH LTD Hedge Fund•Long/Short	$850.9K 32.0K shares
C CAXTON ASSOCIATES LLP Institution	$517.3K 19.5K shares
Integrated Advisors Network LLC RIA/Wealth	$484.6K 18.2K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	$253.6K 9.8K shares
JustInvest LLC Long Only Manager	$226.3K 8.5K shares
O Optiver Holding B.V. Institution	$2.9K 108.0 shares
A Atlantic Trust Group, LLC Institution	$2.1K 80.0 shares
MONTAG A & ASSOCIATES INC RIA/Wealth	$718.0 27.0 shares
Bell Investment Advisors, Inc RIA/Wealth	$612.0 23.0 shares
JPL Wealth Management, LLC RIA/Wealth	$399.0 15.0 shares

Exited Positions

Institution	Previous Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.2M 157.6K shares
Numerai GP LLC Hedge Fund•Quant	$1.3M 63.7K shares
C Cubist Systematic Strategies, LLC Institution	$912.4K 45.6K shares
J JANE STREET GROUP, LLC Institution	$689.0K 34.4K shares
Summit Global Investments Long Only Manager	$619.9K 31.0K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$577.3K 28.9K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$518.5K 25.9K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	$411.6K 20.6K shares
Empowered Funds, LLC ETF Provider	$411.6K 20.6K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	$401.6K 20.1K shares

Options Activity

Institutions with the largest Call and Put options positions in FOR as of Q3 2025

Call Positions: 1
Call Value: $510.5K
Put Positions: 1
Put Value: $430.8K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$510.5K 192.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$430.8K 162.0 contracts

Most Committed Institutions

Institutions with FOR as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
W Woodson Capital Management, LP Hedge Fund•Long/Short	Jephthah Gerard Dais COO	3.20% $16.6M	1.23% 625.0K shares	Q1 2024 Held for 1y 8m	$519.9M
DENALI ADVISORS LLC Long Only Manager	Robert Guenther Snigaroff CIO	0.86% $7.6M	0.57% 287.2K shares	Q2 2020 Held for 5y 5m	$885.1M
H HEARTLAND ADVISORS INC Long Only Manager	William Richard Nasgovitz CEO	0.73% $13.7M	1.02% 516.1K shares	Q1 2019 Held for 6y 8m	$1.9B
MOODY ALDRICH PARTNERS LLC Long Only Manager	Philippe Louis Rolland CIO	0.70% $3.7M	0.27% 139.1K shares	Q2 2023 Held for 2y 5m	$527.2M
S SANDLER CAPITAL MANAGEMENT Hedge Fund•Long/Short	William Anthony Bianco Managing Partner	0.49% $1.3M	0.10% 49.8K shares	Q3 2025 Held for 2 months	$272.1M
P Palogic Value Management, L.P. RIA/Wealth	Scott Aubrey Williams Partner	0.40% $930.7K	0.07% 35.0K shares	Q1 2025 Held for 8 months	$233.1M
FORMULA GROWTH LTD Hedge Fund•Long/Short	Randall William Kelly President	0.30% $850.9K	0.06% 32.0K shares	Q3 2025 Held for 2 months	$288.3M
DIMENSION CAPITAL MANAGEMENT PARTNERS Fund of Funds	Miguel Fernando Duenas President	0.20% $1.4M	0.10% 51.5K shares	Q2 2025 Held for 5 months	$685.4M
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	Thomas Neilson Arbour CIO	0.17% $4.1M	0.30% 154.1K shares	Q1 2025 Held for 8 months	$2.4B
C COOPER CREEK PARTNERS MANAGEMENT LLC Hedge Fund•Long/Short	Robert (Nmn) Schwartz CEO	0.10% $2.7M	0.20% 100.2K shares	Q4 2019 Held for 5y 11m	$2.6B

Hedge Fund Spotlight

Discover hedge funds investing in FOR

SANDLER CAPITAL MANAGEMENT

Hedge Fund • Long/Short

Portfolio ManagerWilliam Anthony Bianco

Portfolio Value: $272.1M
Positions: 119
Last Reported: Q3 2025

Sector Allocation

Position in Forestar Group

Market Value: $1.3M
Shares Held: 49.8K
Portfolio Weight: 0.49%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Corning GLW	Hardware, Equipment & Parts Technology	$13.7M	5.05%
2 TKO Group Holdings TKO	Entertainment Communication Services	$12.4M	4.54%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$10.4M	3.81%