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LGI Homes

145 hedge funds and large institutions have $451M invested in LGI Homes in 2016 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 50 increasing their positions, 42 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

169% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 13

51% more capital invested

Capital invested by funds: $299M → $451M (+$152M)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

19% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 42

17% more funds holding

Funds holding: 124145 (+21)

37% less call options, than puts

Call options by funds: $3.02M | Put options by funds: $4.82M

Holders
145
Holders Change
+21
Holders Change %
+16.94%
% of All Funds
3.87%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
35
Increased
50
Reduced
42
Closed
13
Calls
$3.02M
Puts
$4.82M
Net Calls
-$1.8M
Net Calls Change
-$3.42M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
26
Bridgeway Capital Management
Texas
$3.5M -$1.39K -50 -0%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$3.34M +$215K +7,749 +8%
TCM
28
Timpani Capital Management
Wisconsin
$2.94M +$1.65M +59,530 +182%
SI
29
Shaker Investments
Ohio
$2.46M -$200K -7,200 -9%
EA
30
Emerald Acquisition
Washington
$2.44M +$2.12M +76,571 New
WSA
31
Wall Street Associates
California
$2.41M +$2.09M +75,592 New
Bank of New York Mellon
32
Bank of New York Mellon
New York
$2.39M +$259K +9,329 +14%
PCM
33
Palisade Capital Management
New Jersey
$2.36M -$1.19M -43,050 -37%
AQR Capital Management
34
AQR Capital Management
Connecticut
$2.31M +$11.5K +416 +0.6%
LSV Asset Management
35
LSV Asset Management
Illinois
$2.07M +$704K +25,403 +65%
Macquarie Group
36
Macquarie Group
Australia
$2.02M +$1.09M +39,251 +163%
BIM
37
BlackRock Investment Management
Delaware
$1.96M +$206K +7,435 +14%
PCM
38
Prelude Capital Management
New York
$1.84M -$1.84M -66,387 -54%
Charles Schwab
39
Charles Schwab
California
$1.79M +$148K +5,352 +11%
TC
40
Telemus Capital
Michigan
$1.76M +$970K +35,000 +175%
CCMG
41
Clark Capital Management Group
Pennsylvania
$1.7M +$169K +6,099 +13%
Wells Fargo
42
Wells Fargo
California
$1.66M +$1.14M +41,172 +381%
Dimensional Fund Advisors
43
Dimensional Fund Advisors
Texas
$1.65M -$31.5K -1,137 -2%
NA
44
Navellier & Associates
Nevada
$1.56M +$953K +34,402 +236%
TCIM
45
TIAA CREF Investment Management
New York
$1.52M +$98.6K +3,560 +8%
DCM
46
Driehaus Capital Management
Illinois
$1.52M +$571K +20,603 +76%
SEI Investments
47
SEI Investments
Pennsylvania
$1.43M +$1.24M +44,839 New
CIA
48
Capital Impact Advisors
Massachusetts
$1.31M
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$1.29M -$597K -21,551 -35%
PCM
50
Penserra Capital Management
California
$1.27M +$1.11M +39,880 New

LGIH Hedge Fund Activity: Q2 2016 in Review

145 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q2 2016, worth a combined $451M — up 51% from $299M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new LGIH positions and 13 closed out — a net gain of 22 holders — while 50 added to existing stakes and 42 trimmed.

The largest buyer was Gilder Gagnon Howe & Co, adding an estimated $17.6M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $9.97M.

  • 145 institutional investors held LGI Homes (LGIH) as of Q2 2016, up from 124 in Q1 2016.
  • Funds reported $451M of LGI Homes stock for Q2 2016, up 51% quarter-over-quarter.
  • 35 funds opened new LGI Homes positions in Q2 2016 and 13 closed out, a net change of +22 holders.
  • The largest LGI Homes buyer in Q2 2016 was Gilder Gagnon Howe & Co, an estimated $17.6M added.
  • The largest LGI Homes seller in Q2 2016 was Philadelphia Financial Management of San Francisco, an estimated $9.97M sold.

Based on aggregated 13F filings for Q2 2016.