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American Homes 4 Rent

249 hedge funds and large institutions have $4.98B invested in American Homes 4 Rent in 2018 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 82 increasing their positions, 97 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more call options, than puts

Call options by funds: $420K | Put options by funds: $375K

3.1% less ownership

Funds ownership: 90.31%87.21% (-3.1%)

3% less funds holding

Funds holding: 258249 (-9)

11% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 46

12% less capital invested

Capital invested by funds: $5.65B → $4.98B (-$666M)

15% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 97

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

Holders
249
Holders Change
-9
Holders Change %
-3.49%
% of All Funds
5.71%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.07%
New
41
Increased
82
Reduced
97
Closed
46
Calls
$420K
Puts
$375K
Net Calls
+$45K
Net Calls Change
-$410K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$738M -$38.1M -1,911,721 -5%
BlackRock
2
BlackRock
New York
$369M +$36.8M +1,846,433 +11%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$293M -$93M -4,674,654 -24%
LPC
4
Long Pond Capital
New York
$218M +$216M +10,873,737 New
JP Morgan Chase
5
JP Morgan Chase
New York
$214M +$28.6M +1,436,368 +16%
Invesco
6
Invesco
Georgia
$169M +$1.91M +96,093 +1%
CIM
7
Centersquare Investment Management
Pennsylvania
$163M +$161M +8,103,840 New
State Street
8
State Street
Massachusetts
$149M +$3.14M +157,907 +2%
CI Investments Inc
9
CI Investments Inc
Ontario, Canada
$132M +$500K +25,100 +0.4%
Ameriprise
10
Ameriprise
Minnesota
$124M +$1.31M +65,591 +1%
Principal Financial Group
11
Principal Financial Group
Iowa
$123M +$36M +1,808,597 +42%
Morgan Stanley
12
Morgan Stanley
New York
$113M +$59.6M +2,993,261 +114%
ClearBridge Investments
13
ClearBridge Investments
New York
$95M -$489K -24,581 -0.5%
BAM
14
Burgundy Asset Management
Ontario, Canada
$84.3M -$352K -17,690 -0.4%
CVA
15
Ceredex Value Advisors
Florida
$82.5M +$81.6M +4,100,000 New
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$76.4M +$5.43M +272,686 +8%
ACM
17
AEW Capital Management
Massachusetts
$75.4M +$936K +47,000 +1%
ESCM
18
Echo Street Capital Management
New York
$74.6M +$11.9M +598,513 +19%
Goldman Sachs
19
Goldman Sachs
New York
$73.2M -$16.7M -838,814 -19%
Boston Partners
20
Boston Partners
Massachusetts
$71.6M +$1.51M +75,989 +2%
DPIM
21
Duff & Phelps Investment Management
Illinois
$64.1M -$1.31M -66,000 -2%
CLM
22
ClearBridge LLC (Maryland)
Maryland
$62.5M -$992K -49,835 -2%
Balyasny Asset Management
23
Balyasny Asset Management
Illinois
$60.8M +$7.19M +361,191 +14%
LIMS
24
Lasalle Investment Management Securities
Maryland
$55.5M -$430K -21,584 -0.8%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$53.2M +$2.07M +103,999 +4%

AMH Hedge Fund Activity: Q1 2018 in Review

249 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in American Homes 4 Rent (AMH) for Q1 2018, worth a combined $4.98B — down 12% from $5.65B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of AMH and 41 opened new positions — a net loss of 5 holders — while 97 trimmed existing stakes and 82 added.

The largest buyer was Long Pond Capital, opening a new position worth an estimated $216M. The largest seller was Brookfield Corp, exiting entirely with an estimated $176M sold.

  • 249 institutional investors held American Homes 4 Rent (AMH) as of Q1 2018, down from 258 in Q4 2017.
  • Funds reported $4.98B of American Homes 4 Rent stock for Q1 2018, down 12% quarter-over-quarter.
  • 41 funds opened new American Homes 4 Rent positions in Q1 2018 and 46 closed out, a net change of -5 holders.
  • The largest American Homes 4 Rent buyer in Q1 2018 was Long Pond Capital, an estimated $216M added.
  • The largest American Homes 4 Rent seller in Q1 2018 was Brookfield Corp, an estimated $176M sold.

Based on aggregated 13F filings for Q1 2018.