LGI Homes
LGIH
207 hedge funds and large institutions have $2.51B invested in LGI Homes in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 70 increasing their positions, 75 reducing their positions, and 27 closing their positions.
64% more call options, than puts
Call options by funds: $19.1M | Put options by funds: $11.7M
30% more capital invested
Capital invested by funds: $1.93B → $2.51B (+$578M)
0.29% more ownership
Funds ownership: 93.92% → 94.21% (+0.29%)
0% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 27
7% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 75
1% less funds holding
Funds holding: 210 → 207 (-3)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$34.6M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$22.8M |
| 3 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
+$15.8M |
| 4 |
AM
Ampfield Management
New York
|
+$15.6M |
| 5 |
Goldman Sachs
New York
|
+$12.8M |
Top Sellers
| 1 |
Capital International Investors
Los Angeles,
California
|
-$55.1M |
| 2 |
HCM
Harspring Capital Management
New York
|
-$8.14M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$5.91M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$5.71M |
| 5 |
BlackRock
New York
|
-$5.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Jane Street
New York
| – | -$291K | -2,680 | Closed |
|
227
Russell Investments Group
London,
United Kingdom
| – | -$237K | -2,560 | Closed |
|
|
CCIA
228
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$212K | -2,285 | Closed |
|
|
SWA
229
Sutton Wealth Advisors
Tampa,
Florida
| – | -$40.4K | -436 | Closed |
|
230
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$9.45K | -102 | Closed |
|
|
GWM
231
Geneos Wealth Management
Englewood,
Colorado
| – | -$2.44K | -26 | Closed |
|
|
CS
232
Comerica Securities
Detroit,
Michigan
| – | -$833 | -9 | Closed |
|
|
FFA
233
Farther Finance Advisors
San Francisco,
California
| – | -$463 | -5 | Closed |
|
|
FCA
234
Fortis Capital Advisors
Prairie Village,
Kansas
| – | -$278 | -3 | Closed |
|
LGIH Hedge Fund Activity: Q1 2023 in Review
207 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q1 2023, worth a combined $2.51B — up 30% from $1.93B a quarter earlier.
Fund positioning in LGIH was balanced in Q1 2023: 27 funds opened new positions, 27 closed out, 70 added to existing stakes and 75 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $34.6M. The largest seller was Capital International Investors, exiting entirely with an estimated $55.1M sold.
- 207 institutional investors held LGI Homes (LGIH) as of Q1 2023, down from 210 in Q4 2022.
- Funds reported $2.51B of LGI Homes stock for Q1 2023, up 30% quarter-over-quarter.
- 27 funds opened new LGI Homes positions in Q1 2023 and 27 closed out, a net change of 0 holders.
- The largest LGI Homes buyer in Q1 2023 was Citadel Advisors, an estimated $34.6M added.
- The largest LGI Homes seller in Q1 2023 was Capital International Investors, an estimated $55.1M sold.
Based on aggregated 13F filings for Q1 2023.