Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Beazer Homes USA Inc (BZH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
3Q ▼
Buyers last Q
49%

Smart Money Signals — BZH

Based on 175 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their BZH 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 — 85% of 3.0Y peak

85% of all-time peak
175 funds currently hold this stock — 85% of the 3.0-year high of 207 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 10% fewer funds vs a year ago

fund count last 6Q
19 fewer hedge funds hold BZH compared to a year ago (-10% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 49% buying

92 buying95 selling
Last quarter: 95 funds reduced or exited vs 92 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.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new BZH position: 33 → 23 → 19 → 27. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 24% medium ■ 17% new
103 out of 175 hedge funds have held BZH 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.
📊

Peak discovery — momentum slowing

31 → 33 → 23 → 19 → 27 new funds/Q
New funds entering each quarter: 33 → 23 → 19 → 27. BZH is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 67% veterans vs 23% newcomers

■ 67% veterans ■ 10% 1-2yr ■ 23% new
Entry-cohort mix of 187 holders: 125 (67%) are 2+ year veterans, 19 entered 1–2 years ago, and 43 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
40 of 173 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — 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 — BZH

In 2026 Q1, 92 hedge funds were net buyers of BZH (27 opened a new position, 65 added to an existing one), while 95 reduced or exited (63 trimmed, 32 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 35% of total institutional value in BZH is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 175.

Hedge Fund Ownership: BZH

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

Market Analysis: BZH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BZH

-- --

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

Is It Too Late to Buy Beazer Homes USA Inc (BZH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BZH has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 83d ago
BZH
+40.6%
XLY
+7.5%

BZH outperformed XLY by +33.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 38d ago
BZH
+7.5%
XLY
+0.5%

Since the filing became public, BZH outperformed XLY by +7.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 2 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: BZH
174 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 174 180 -3.33%
13F Shares 27M 26M 3.98%
Total Value $504M $530M -4.95%
New Positions 26 19 +7
Increased Positions 62 67 -5
Closed Positions 32 34 -2
Reduced Positions 58 62 -4
Total Calls 6 5 20.0%
Total Puts 7 7 -
PUT/CALL Ratio 1.17 1.4 Neutral

Statistics: BZH

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
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Institutional Holders (2026 Q1)

174 + investors

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

QUARTER:
Top 25 BZH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mill Road Capital Management LLC 8.45% 838,035 $16.1M
2 Nokomis Capital, L.L.C. 3.31% 600,677 $11.6M
3 Oakum Bay Capital LLC 3.20% 310,769 $6.0M
4 Round Hill Asset Management 2.02% 160,340 $3.1M
5 Donald Smith & CO., INC. 1.03% 2,986,562 $57.5M
6 Lakewood Capital Management, LP 0.95% 777,506 $15.0M
7 Register Financial Advisors LLC 0.57% 80,717 $1.6M
8 Numerai GP LLC 0.28% 144,759 $2.8M
9 nVerses Capital, LLC 0.25% 14,243 $274K
10 Jamison Private Wealth Management, INC. 0.24% 104,498 $2.0M
11 Ontario Teachers Pension Plan Board 0.22% 394,000 $7.6M
12 Daytona Street Capital LLC 0.19% 12,000 $241K
13 Wealthspire Advisors, LLC 0.17% 1,117,138 $21.5M
14 Peregrine Capital Management LLC 0.15% 206,971 $4.0M
15 Readystate Asset Management LP 0.11% 129,918 $2.5M
16 Bridgeway Capital Management, LLC 0.08% 218,677 $4.2M
17 Tweedy, Browne Co LLC 0.08% 50,523 $972K
18 Abacus Wealth Partners, LLC 0.07% 41,755 $803K
19 Clear Harbor Asset Management, LLC 0.07% 52,797 $1.0M
20 AlphaQuest LLC 0.07% 60,193 $1.2M
21 BW Gestao de Investimentos Ltda. 0.06% 95,300 $1.8M
22 RBF Capital, LLC 0.06% 55,000 $1.1M
23 James Investment Research, INC. 0.04% 16,882 $325K
24 Wesbanco Bank Inc 0.04% 66,500 $1.3M
25 PDT Partners, LLC 0.03% 25,787 $496K
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 — Beazer Homes USA Inc (BZH)

What does the Smart Money Trend signal show for BZH?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their BZH 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 BZH?

More sellers than buyers — 49% buying: Last quarter: 95 funds reduced or exited vs 92 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 BZH holders?

Strong quality — 35% AUM from major funds: 40 of 173 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BZH?

59% of holders stayed for 2+ years: 103 out of 175 hedge funds have held BZH 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.

Is it too late to buy Beazer Homes USA Inc (BZH) following the 2026 Q1 hedge fund 13F filings?

As of today, BZH has moved +7.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.5% for the XLY sector ETF — an outperformance of +7.0%. Since the quarter end (March 31, 2026), BZH has gained +40.6% vs +7.5% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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