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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
RAM
51
Riggs Asset Management
Pennsylvania
$1.25M +$1.08M +38,894 +9,724%
New York State Common Retirement Fund
52
New York State Common Retirement Fund
New York
$1.2M +$117K +4,222 +13%
Axa
53
Axa
France
$1.19M +$1.03M +37,100 New
RJFSA
54
Raymond James Financial Services Advisors
Florida
$1.18M +$625K +22,554 +157%
CFB
55
Cullen/Frost Bankers
Texas
$1.18M +$1.02M +36,845 New
California Public Employees Retirement System
56
California Public Employees Retirement System
California
$1.14M
Boston Partners
57
Boston Partners
Massachusetts
$1.14M +$984K +35,520 New
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$1.03M +$76.1K +2,745 +9%
ACM
59
Argent Capital Management
Missouri
$1.01M +$873K +31,500 New
SSWM
60
Sheets Smith Wealth Management
North Carolina
$997K +$865K +31,227 New
Susquehanna International Group
61
Susquehanna International Group
Pennsylvania
$990K +$310K +11,182 +56%
Bank of America
62
Bank of America
North Carolina
$971K -$73.3K -2,647 -8%
CI
63
Cavalier Investments
Georgia
$958K +$582K +21,000 +233%
1832 Asset Management
64
1832 Asset Management
Ontario, Canada
$891K +$768K +27,700 New
TA
65
Teachers Advisors
New York
$842K -$48.4K -1,747 -6%
Swiss National Bank
66
Swiss National Bank
Switzerland
$811K
BA
67
BlackRock Advisors
Delaware
$767K +$473K +17,058 +246%
Deutsche Bank
68
Deutsche Bank
Germany
$749K +$219K +7,891 +50%
WPC
69
White Pine Capital
Minnesota
$740K +$642K +23,175 New
PPA
70
Parametric Portfolio Associates
Washington
$725K -$34.7K -1,254 -5%
AFG
71
Albion Financial Group
Utah
$677K +$53.5K +1,929 +10%
Nordea Investment Management
72
Nordea Investment Management
Sweden
$673K +$584K +21,068 New
CS
73
Credit Suisse
Switzerland
$585K -$247K -8,914 -33%
AA
74
ALPS Advisors
Colorado
$583K -$37.2K -1,344 -7%
CFP
75
Cornerstone Financial Partners
North Carolina
$575K -$36.2K -1,307 -7%

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.