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LGI Homes

209 hedge funds and large institutions have $1.44B invested in LGI Homes in 2018 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 86 increasing their positions, 55 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 55

44% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 27

24% more call options, than puts

Call options by funds: $28.8M | Put options by funds: $23.2M

6% more funds holding

Funds holding: 198209 (+11)

4.26% more ownership

Funds ownership: 87.18%91.44% (+4.3%)

1% less capital invested

Capital invested by funds: $1.46B → $1.44B (-$15.4M)

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

Holders
209
Holders Change
+11
Holders Change %
+5.56%
% of All Funds
4.79%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.11%
New
39
Increased
86
Reduced
55
Closed
27
Calls
$28.8M
Puts
$23.2M
Net Calls
+$5.59M
Net Calls Change
-$12.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Robeco Institutional Asset Management
26
Robeco Institutional Asset Management
Netherlands
$11.1M +$10.6M +156,823 New
PCM
27
Penserra Capital Management
California
$11M +$10.5M +155,503 New
HA
28
Heartland Advisors
Wisconsin
$10.6M -$10.1M -150,000 -50%
LSV Asset Management
29
LSV Asset Management
Illinois
$10.4M
NCGI
30
Next Century Growth Investors
Minnesota
$9.98M +$2.6M +38,373 +37%
PP
31
PDT Partners
New York
$9.39M +$977K +14,438 +12%
Victory Capital Management
32
Victory Capital Management
Texas
$8.59M +$8.02M +118,481 +3,647%
UBS Group
33
UBS Group
Switzerland
$8.3M -$1.43M -21,138 -15%
HW
34
Hancock Whitney
Mississippi
$8.28M +$19.4K +287 +0.2%
GPGA
35
Grandeur Peak Global Advisors
Utah
$8.15M +$891K +13,175 +13%
D.E. Shaw & Co
36
D.E. Shaw & Co
New York
$8.09M +$2.31M +34,198 +43%
Ameriprise
37
Ameriprise
Minnesota
$7.91M +$1.6M +23,676 +27%
BCM
38
Bridgeway Capital Management
Texas
$7.9M +$873K +12,900 +13%
Invesco
39
Invesco
Georgia
$7.7M -$9.63M -142,370 -57%
QCMNJ
40
Quantum Capital Management (New Jersey)
New Jersey
$7.65M -$139K -2,048 -2%
Allianz Asset Management
41
Allianz Asset Management
Germany
$7.58M -$69.2K -1,023 -0.9%
AWCI
42
Alpine Woods Capital Investors
New York
$7.15M
Bank of Nova Scotia
43
Bank of Nova Scotia
Ontario, Canada
$7.06M +$6.76M +100,000 New
PPA
44
Parametric Portfolio Associates
Washington
$6.97M +$21.1K +312 +0.3%
PC
45
Pier Capital
Connecticut
$6.73M +$6.46M +95,424 New
GC
46
Gratia Capital
California
$6.68M -$7.29M -107,802 -53%
Charles Schwab
47
Charles Schwab
California
$6.46M +$378K +5,593 +7%
Deutsche Bank
48
Deutsche Bank
Germany
$6.25M -$2.28M -33,755 -28%
Manulife (Manufacturers Life Insurance)
49
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.99M -$824K -12,176 -13%
MIM
50
Montgomery Investment Management
Maryland
$5.99M +$108K +1,600 +2%

LGIH Hedge Fund Activity: Q1 2018 in Review

209 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q1 2018, worth a combined $1.44B — down 1.1% from $1.46B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new LGIH positions and 27 closed out — a net gain of 12 holders — while 86 added to existing stakes and 55 trimmed.

The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $69.2M. The largest seller was Frontier Capital Management, cutting an estimated $50.8M.

  • 209 institutional investors held LGI Homes (LGIH) as of Q1 2018, up from 198 in Q4 2017.
  • Funds reported $1.44B of LGI Homes stock for Q1 2018, down 1.1% quarter-over-quarter.
  • 39 funds opened new LGI Homes positions in Q1 2018 and 27 closed out, a net change of +12 holders.
  • The largest LGI Homes buyer in Q1 2018 was Epoch Investment Partners, an estimated $69.2M added.
  • The largest LGI Homes seller in Q1 2018 was Frontier Capital Management, an estimated $50.8M sold.

Based on aggregated 13F filings for Q1 2018.