American Homes 4 Rent
137 hedge funds and large institutions have $1.59B invested in American Homes 4 Rent in 2013 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 58 increasing their positions, 21 reducing their positions, and 15 closing their positions.
187% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 15
176% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 21
31% more capital invested
Capital invested by funds: $1.21B → $1.59B (+$376M)
26% more funds holding
Funds holding: 109 → 137 (+28)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
12.43% more ownership
Funds ownership: 40.56% → 52.99% (+12%)
44% less call options, than puts
Call options by funds: $311K | Put options by funds: $558K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$77.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$71.4M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$56.9M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$50.3M |
| 5 |
JP Morgan Chase
New York
|
+$38.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hayman Capital Management
Dallas,
Texas
|
-$29.5M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$22M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$20.2M |
| 4 |
BC
BHR Capital
New York
|
-$17.9M |
| 5 |
SC
Sageview Capital
Greenwich,
Connecticut
|
-$15.1M |
AMH Hedge Fund Activity: Q4 2013 in Review
137 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in American Homes 4 Rent (AMH) for Q4 2013, worth a combined $1.59B — up 31% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new AMH positions and 15 closed out — a net gain of 28 holders — while 58 added to existing stakes and 21 trimmed.
The largest buyer was Long Pond Capital, opening a new position worth an estimated $77.6M. The largest seller was Hayman Capital Management, exiting entirely with an estimated $29.5M sold.
- 137 institutional investors held American Homes 4 Rent (AMH) as of Q4 2013, up from 109 in Q3 2013.
- Funds reported $1.59B of American Homes 4 Rent stock for Q4 2013, up 31% quarter-over-quarter.
- 43 funds opened new American Homes 4 Rent positions in Q4 2013 and 15 closed out, a net change of +28 holders.
- The largest American Homes 4 Rent buyer in Q4 2013 was Long Pond Capital, an estimated $77.6M added.
- The largest American Homes 4 Rent seller in Q4 2013 was Hayman Capital Management, an estimated $29.5M sold.
Based on aggregated 13F filings for Q4 2013.