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LGI Homes

164 hedge funds and large institutions have $621M invested in LGI Homes in 2016 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 53 increasing their positions, 42 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 25

38% more capital invested

Capital invested by funds: $451M → $621M (+$171M)

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

26% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 42

13% more funds holding

Funds holding: 145164 (+19)

23% less call options, than puts

Call options by funds: $5.39M | Put options by funds: $7.03M

Holders
164
Holders Change
+19
Holders Change %
+13.1%
% of All Funds
4.38%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
45
Increased
53
Reduced
42
Closed
25
Calls
$5.39M
Puts
$7.03M
Net Calls
-$1.64M
Net Calls Change
+$160K
Name Holding Trade Value Shares
Change
Change in
Stake
GPGA
26
Grandeur Peak Global Advisors
Utah
$4.96M -$1.15M -32,625 -19%
Principal Financial Group
27
Principal Financial Group
Iowa
$4.48M +$4.29M +121,675 New
PI
28
Putnam Investments
Massachusetts
$4.38M -$3.83M -108,705 -48%
Geode Capital Management
29
Geode Capital Management
Massachusetts
$4.22M +$349K +9,898 +9%
ZIM
30
ZPR Investment Management
Florida
$4.18M -$760K -21,540 -16%
BCM
31
Bridgeway Capital Management
Texas
$4.03M -$7.05K -200 -0.2%
TCM
32
Timpani Capital Management
Wisconsin
$3.93M +$506K +14,359 +16%
Morgan Stanley
33
Morgan Stanley
New York
$3.54M -$1.6M -45,233 -32%
Ameriprise
34
Ameriprise
Minnesota
$3.07M +$2.94M +83,254 New
BGIM
35
Brandywine Global Investment Management
Pennsylvania
$2.92M +$2.28M +64,591 +439%
SI
36
Shaker Investments
Ohio
$2.9M +$60.1K +1,705 +2%
ACM
37
Argent Capital Management
Missouri
$2.86M +$1.63M +46,225 +147%
WSA
38
Wall Street Associates
California
$2.79M
JP Morgan Chase
39
JP Morgan Chase
New York
$2.68M +$1.94M +55,083 +313%
BIM
40
BlackRock Investment Management
Delaware
$2.53M +$257K +7,278 +12%
Invesco
41
Invesco
Georgia
$2.52M +$2.02M +57,325 +511%
LSV Asset Management
42
LSV Asset Management
Illinois
$2.38M
RJFSA
43
Raymond James Financial Services Advisors
Florida
$2.36M +$953K +27,028 +73%
PCM
44
Prelude Capital Management
New York
$2.3M +$171K +4,854 +8%
AQR Capital Management
45
AQR Capital Management
Connecticut
$2.2M -$445K -12,615 -17%
Charles Schwab
46
Charles Schwab
California
$2.18M +$102K +2,884 +5%
TC
47
Telemus Capital
Michigan
$2.03M
Dimensional Fund Advisors
48
Dimensional Fund Advisors
Texas
$1.94M +$34K +964 +2%
DCM
49
Driehaus Capital Management
Illinois
$1.93M +$173K +4,895 +10%
CCMG
50
Clark Capital Management Group
Pennsylvania
$1.88M -$82.1K -2,329 -4%

LGIH Hedge Fund Activity: Q3 2016 in Review

164 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q3 2016, worth a combined $621M — up 38% from $451M a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new LGIH positions and 25 closed out — a net gain of 20 holders — while 53 added to existing stakes and 42 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $37.8M. The largest seller was Capital Growth Management, cutting an estimated $10.9M.

  • 164 institutional investors held LGI Homes (LGIH) as of Q3 2016, up from 145 in Q2 2016.
  • Funds reported $621M of LGI Homes stock for Q3 2016, up 38% quarter-over-quarter.
  • 45 funds opened new LGI Homes positions in Q3 2016 and 25 closed out, a net change of +20 holders.
  • The largest LGI Homes buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $37.8M added.
  • The largest LGI Homes seller in Q3 2016 was Capital Growth Management, an estimated $10.9M sold.

Based on aggregated 13F filings for Q3 2016.