LGI Homes
LGIH
248 hedge funds and large institutions have $2.7B invested in LGI Homes in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 85 increasing their positions, 87 reducing their positions, and 31 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
35% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 31
30% more capital invested
Capital invested by funds: $2.09B → $2.7B (+$617M)
3% more funds holding
Funds holding: 240 → 248 (+8)
1% less call options, than puts
Call options by funds: $21M | Put options by funds: $21.3M
2% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 87
2.66% less ownership
Funds ownership: 88.75% → 86.09% (-2.7%)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$36.3M |
| 2 |
Morgan Stanley
New York
|
+$30.5M |
| 3 |
Jane Street
New York
|
+$17.3M |
| 4 |
CU
CDAM (UK)
London,
United Kingdom
|
+$9.58M |
| 5 |
AM
Ampfield Management
New York
|
+$7.28M |
Top Sellers
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$96.9M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$57.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$17.5M |
| 4 |
Goldman Sachs
New York
|
-$16.4M |
| 5 |
EAM
Erste Asset Management
Vienna,
Austria
|
-$10.4M |
LGIH Hedge Fund Activity: Q4 2023 in Review
248 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q4 2023, worth a combined $2.7B — up 30% from $2.09B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new LGIH positions and 31 closed out — a net gain of 11 holders — while 85 added to existing stakes and 87 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $36.3M. The largest seller was Altshuler Shaham, cutting an estimated $96.9M.
- 248 institutional investors held LGI Homes (LGIH) as of Q4 2023, up from 240 in Q3 2023.
- Funds reported $2.7B of LGI Homes stock for Q4 2023, up 30% quarter-over-quarter.
- 42 funds opened new LGI Homes positions in Q4 2023 and 31 closed out, a net change of +11 holders.
- The largest LGI Homes buyer in Q4 2023 was Fidelity Investments, an estimated $36.3M added.
- The largest LGI Homes seller in Q4 2023 was Altshuler Shaham, an estimated $96.9M sold.
Based on aggregated 13F filings for Q4 2023.