American Homes 4 Rent
250 hedge funds and large institutions have $5.11B invested in American Homes 4 Rent in 2018 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 82 increasing their positions, 98 reducing their positions, and 41 closing their positions.
88% more call options, than puts
Call options by funds: $392K | Put options by funds: $208K
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
2.34% less ownership
Funds ownership: 89.38% → 87.04% (-2.3%)
5% less funds holding
Funds holding: 264 → 250 (-14)
11% less capital invested
Capital invested by funds: $5.78B → $5.11B (-$664M)
16% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 98
34% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$89.7M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$72.2M |
| 3 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$47.6M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
+$46M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$136M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$52.6M |
| 3 |
Millennium Management
New York
|
-$43.7M |
| 4 |
LPC
Long Pond Capital
New York
|
-$42.1M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$41.1M |
AMH Hedge Fund Activity: Q4 2018 in Review
250 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in American Homes 4 Rent (AMH) for Q4 2018, worth a combined $5.11B — down 11% from $5.78B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of AMH and 27 opened new positions — a net loss of 14 holders — while 98 trimmed existing stakes and 82 added.
The largest buyer was Cohen & Steers, adding an estimated $89.7M. The largest seller was Brookfield Corp, exiting entirely with an estimated $136M sold.
- 250 institutional investors held American Homes 4 Rent (AMH) as of Q4 2018, down from 264 in Q3 2018.
- Funds reported $5.11B of American Homes 4 Rent stock for Q4 2018, down 11% quarter-over-quarter.
- 27 funds opened new American Homes 4 Rent positions in Q4 2018 and 41 closed out, a net change of -14 holders.
- The largest American Homes 4 Rent buyer in Q4 2018 was Cohen & Steers, an estimated $89.7M added.
- The largest American Homes 4 Rent seller in Q4 2018 was Brookfield Corp, an estimated $136M sold.
Based on aggregated 13F filings for Q4 2018.