Will These Beazer Homes Top Institutional Shareholders FROWN on the New Stock Issue?

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In 2012, Beazer Homes USA Inc.’s (NYSE:BZH) shares are up 17.34 percent. On Monday, the company announced in a regulatory filing that it would raise about $75 million through the selling of common stock shares. It also said that has estimated an increase in orders for the third quarter and the offering of three million tangible equity units. According to Reuters, the proceeds will fund its home community count expansion and repay debt.

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With opportunities for expansion and debt repayment, will Beazer Home’s largest shareholder increase its position? 1 institutional firms indicated owning shares of Beazer Homes USA Inc. (NYSE:BZH) in Q2 2012. These firms reported owning a total of 109,301 shares on 06/30/2012. The shares closed at $3.25 on 06/30/2012.

Here are the ten largest positions in Beazer Homes USA Inc. at the end of June 30th, 2012.

Tradeworx Inc. held 109,301 shares on 06/30/2012 worth $355,228. This brought the portfolio total to 0.26%.

FMR LLC held 5,494,120 shares on 03/31/2012 worth $17,855,890. This brought the portfolio total to 0.0%.

Vanguard Group Inc held 3,570,244 shares on 03/31/2012 worth $11,603,293. This brought the portfolio total to 0.0%.

Capital Growth Management LP held 3,220,000 shares on 03/31/2012 worth $10,465,000. This brought the portfolio total to 0.23%.

Brigade Capital Management LLC held 2,650,000 shares on 03/31/2012 worth $8,612,500. This brought the portfolio total to 1.81%.

Brookfield Asset Management Inc. held 2,537,010 shares on 03/31/2012 worth $8,245,283. This brought the portfolio total to 0.03%.

Blackrock Institutional Trust Company N.A. held 2,319,852 shares on 03/31/2012 worth $7,539,519. This brought the portfolio total to 0.0%.

Paulson & Co Inc held 2,301,483 shares on 03/31/2012 worth $7,479,820. This brought the portfolio total to 0.05%.

D. E. Shaw & Co. Inc. held 2,097,996 shares on 03/31/2012 worth $6,818,487. This brought the portfolio total to 0.02%.

Caspian Capital LP held 1,886,517 shares on 03/31/2012 worth $6,131,180. This brought the portfolio total to 1.87%.

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