American Homes 4 Rent
265 hedge funds and large institutions have $6B invested in American Homes 4 Rent in 2019 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 90 increasing their positions, 98 reducing their positions, and 20 closing their positions.
1,265% more call options, than puts
Call options by funds: $273K | Put options by funds: $20K
95% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 20
17% more capital invested
Capital invested by funds: $5.11B → $6B (+$886M)
6% more funds holding
Funds holding: 250 → 265 (+15)
2.17% more ownership
Funds ownership: 87.04% → 89.21% (+2.2%)
8% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 98
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$162M |
| 2 |
JP Morgan Chase
New York
|
+$80.4M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
+$56.1M |
| 4 |
ZP
Zimmer Partners
New York
|
+$43.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$41.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$129M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$32.2M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$29.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$29M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$22.3M |
AMH Hedge Fund Activity: Q1 2019 in Review
265 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in American Homes 4 Rent (AMH) for Q1 2019, worth a combined $6B — up 17% from $5.11B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new AMH positions and 20 closed out — a net gain of 19 holders — while 90 added to existing stakes and 98 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $162M. The largest seller was Lasalle Investment Management Securities, cutting an estimated $129M.
- 265 institutional investors held American Homes 4 Rent (AMH) as of Q1 2019, up from 250 in Q4 2018.
- Funds reported $6B of American Homes 4 Rent stock for Q1 2019, up 17% quarter-over-quarter.
- 39 funds opened new American Homes 4 Rent positions in Q1 2019 and 20 closed out, a net change of +19 holders.
- The largest American Homes 4 Rent buyer in Q1 2019 was Cohen & Steers, an estimated $162M added.
- The largest American Homes 4 Rent seller in Q1 2019 was Lasalle Investment Management Securities, an estimated $129M sold.
Based on aggregated 13F filings for Q1 2019.