Hovnanian Enterprises, Inc.

HOV • NYSE

Hovnanian Enterprises, Inc. is a residential construction company in the consumer cyclical sector on NYSE, led by Brad G. O'Connor, with a market cap of $635.2M. As of Q3 2025, 55% of shares are held by 164 institutional investors, with BlackRock, Inc. as the largest holder at 6.98%.

Chief Executive OfficerBrad G. O'Connor

Market Cap$635.2M

Residential Construction

Consumer Cyclical

Employees1.7K

Websitekhov.com

Country

United States of America

Overview

Overview of institutional ownership in HOV as of Q3 2025 with a market cap of $757.1M

All Institutions

Institutions: 164
Value Held: $420.1M
Shares Held: 3.3M
Avg Position: $2.6M
Median Position: $507.9K

Hedge Funds

Hedge Funds: 25
Value Held: $81.5M
Shares Held: 634.3K
Avg Position: $3.3M
Median Position: $603.9K

Ownership Breakdown

Institutional (non-HF)

44.73%

$338.6M

Hedge Funds

10.76%

$81.5M

Retail & Other

44.51%

$337.0M

Based on market cap of $757.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HOV as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$52.8M 0.00% of portfolio	6.98% 411.1K shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$35.1M 0.00% of portfolio	4.63% 272.9K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
F Forager Capital Management, LLC Hedge Fund•Value	Edward Urban Kissel Managing Partner	$31.3M 13.80% of portfolio	4.13% 243.4K shares	Q2 2024 Held for 1y 5m	$226.7M
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$27.1M 0.00% of portfolio	3.57% 210.5K shares	Q1 2021 Held for 4y 8m	$2.88T
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$23.3M 0.03% of portfolio	3.08% 181.4K shares	Q4 2016 Held for 8y 11m	$75.8B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$22.1M 0.00% of portfolio	2.91% 171.7K shares	Q1 2021 Held for 4y 8m	$466.32B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$17.0M 0.00% of portfolio	2.25% 132.6K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
GANNETT WELSH & KOTLER Long Only Manager	Thomas F X Powers CEO	$14.5M 0.13% of portfolio	1.92% 112.9K shares	Q1 2023 Held for 2y 8m	$11.2B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$14.2M 0.00% of portfolio	1.88% 110.5K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
D D. E. Shaw & Co., Inc. Institution	-	$12.4M 0.01% of portfolio	1.64% 96.6K shares	Q3 2019 Held for 6y 2m	$115.81B

Net Capital Flow

Institutional buying and selling activity for HOV in Q3 2025

Traded: +$18.7M
Buyers: 76
Sellers: 67
Total Bought: +$50.3M
Total Sold: −$31.6M
Avg Position: $2.3M

Biggest Buyers

Institution	Net Bought	Current Position
T TEACHER RETIREMENT SYSTEM OF TEXAS Institution	+$5.7M +44.0K shares	$7.6M 59.1K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$5.5M +43.0K shares	$9.8M 76.5K shares
P Pacer Advisors, Inc. Institution	+$4.5M +34.7K shares	$4.5M 34.7K shares
STATE STREET CORP Institution	+$4.2M +32.7K shares	$27.1M 210.5K shares
GOLDMAN SACHS GROUP INC Institution	+$3.6M +28.0K shares	$6.6M 51.2K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$1.9M +15.0K shares	$6.1M 47.6K shares
FIRST TRUST ADVISORS LP ETF Provider	+$1.8M +14.2K shares	$1.8M 14.2K shares
PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant	+$1.5M +12.0K shares	$1.5M 12.0K shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$1.5M +11.7K shares	$3.8M 29.7K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$1.4M +11.3K shares	$9.8M 76.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
UBS Group AG Institution	−$4.5M −35.4K shares	$10.0M 78.1K shares
D D. E. Shaw & Co., Inc. Institution	−$3.8M −29.4K shares	$12.4M 96.6K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	−$3.5M −27.4K shares	$6.6M 51.5K shares
VANGUARD GROUP INC Institution	−$3.2M −24.7K shares	$35.1M 272.9K shares
C Cubist Systematic Strategies, LLC Institution	−$2.0M −18.7K shares	Sold Off 0 shares
Q Qube Research & Technologies Ltd Institution	−$1.3M −10.1K shares	$1.2M 9.2K shares
B BlackRock, Inc. Institution	−$1.1M −8.7K shares	$52.8M 411.1K shares
STATE OF WISCONSIN INVESTMENT BOARD RIA/Wealth	−$1.0M −8.0K shares	$1.2M 9.4K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$961.7K −7.5K shares	$571.7K 4.4K shares
MORGAN STANLEY RIA/Wealth	−$926.7K −7.2K shares	$17.0M 132.6K shares

Entry and Exit Activity

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

New Positions: 11
New Value: $4.0M
Exited Positions: 17
Exited Value: $4.0M

New Positions

Institution	Position Value
C Cadent Capital Advisors, LLC RIA/Wealth	$1.1M 8.9K shares
Beacon Pointe Advisors, LLC RIA/Wealth	$913.6K 7.1K shares
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	$683.2K 5.3K shares
JENNISON ASSOCIATES LLC Long Only Manager	$665.6K 5.2K shares
C Concentric Capital Strategies, LP Hedge Fund•Long/Short	$295.3K 2.3K shares
S Spears Abacus Advisors LLC Long Only Manager	$218.0K 1.7K shares
S State of Alaska, Department of Revenue Institution	$35.8K 279.0 shares
Point72 Europe LLP Digital Asset Manager	$12.2K 95.0 shares
O Optiver Holding B.V. Institution	$2.3K 18.0 shares
R Root Financial Partners, LLC RIA/Wealth	$257.0 2.0 shares

Exited Positions

Institution	Previous Position
C Cubist Systematic Strategies, LLC Institution	$2.0M 18.7K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	$566.9K 5.4K shares
C Corton Capital Inc. Institution	$480.7K 4.6K shares
H HRT FINANCIAL LLC Institution	$272.1K 2.6K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$261.4K 2.5K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$236.4K 2.3K shares
P Point72 Asia Pte. Ltd. Institution	$141.3K 1.4K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	$68.5K 655.0 shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$5.9K 56.0 shares
MAI Wealth Advisors RIA/Wealth	$4.2K 40.0 shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
F Forager Capital Management, LLC Hedge Fund•Value	Edward Urban Kissel Managing Partner	13.80% $31.3M	4.13% 243.4K shares	Q2 2024 Held for 1y 5m	$226.7M
TOWLE & CO Long Only Manager	Christopher Daly Towle CEO	2.13% $8.4M	1.12% 65.7K shares	Q2 2025 Held for 5 months	$396.4M
TLS Advisors LLC Hedge Fund•Global Macro	Jennifer Ann Lidel President	1.62% $497.5K	0.07% 3.9K shares	Q4 2022 Held for 2y 11m	$30.7M
P Profit Investment Management, LLC Institution	-	1.13% $898.9K	0.12% 7.0K shares	Q3 2024 Held for 1y 2m	$79.5M
S Steamboat Capital Partners, LLC Hedge Fund•Long/Short	Parsa Nmn Kiai Managing Partner	0.38% $1.5M	0.19% 11.3K shares	Q1 2025 Held for 8 months	$384.1M
GLOBEFLEX CAPITAL L P Long Only Manager	Marina Loretta Marrelli CEO	0.35% $2.3M	0.30% 17.5K shares	Q1 2024 Held for 1y 8m	$644.8M
C Cadent Capital Advisors, LLC RIA/Wealth	Philip Andrew Mooberry Managing Partner	0.30% $1.1M	0.15% 8.9K shares	Q3 2025 Held for 2 months	$377.4M
K Kazazian Asset Management, LLC Hedge Fund•Long/Short	George Nanidzhanyan Managing Partner	0.25% $205.6K	0.03% 1.6K shares	Q1 2025 Held for 8 months	$82.7M
DENALI ADVISORS LLC Long Only Manager	Robert Guenther Snigaroff CIO	0.23% $2.1M	0.27% 16.1K shares	Q4 2023 Held for 1y 11m	$885.1M
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	0.14% $6.6M	0.87% 51.5K shares	Q1 2023 Held for 2y 8m	$4.7B