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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
NA
51
Navellier & Associates
Nevada
$1.88M +$72.3K +2,049 +4%
HCM
52
Hodges Capital Management
Texas
$1.85M -$3.27M -92,750 -65%
UBS Group
53
UBS Group
Switzerland
$1.72M +$1.24M +35,244 +306%
PPA
54
Parametric Portfolio Associates
Washington
$1.72M +$846K +23,989 +106%
Susquehanna International Group
55
Susquehanna International Group
Pennsylvania
$1.7M +$537K +15,232 +49%
Royal Bank of Canada
56
Royal Bank of Canada
Ontario, Canada
$1.54M +$53.2K +1,509 +4%
PCM
57
Palisade Capital Management
New Jersey
$1.53M -$1.14M -32,230 -44%
RAM
58
Riggs Asset Management
Pennsylvania
$1.52M +$74.4K +2,110 +5%
CIA
59
Capital Impact Advisors
Massachusetts
$1.51M
New York State Common Retirement Fund
60
New York State Common Retirement Fund
New York
$1.46M +$74.1K +2,100 +6%
PCM
61
Penserra Capital Management
California
$1.28M -$177K -5,012 -13%
California State Teachers Retirement System (CalSTRS)
62
California State Teachers Retirement System (CalSTRS)
California
$1.2M +$10.6K +300 +0.9%
Nordea Investment Management
63
Nordea Investment Management
Sweden
$1.11M +$321K +9,097 +43%
CI
64
Cavalier Investments
Georgia
$1.1M
SSWM
65
Sheets Smith Wealth Management
North Carolina
$1.1M -$46.2K -1,311 -4%
Prudential Financial
66
Prudential Financial
New Jersey
$1.08M +$1.03M +29,210 New
EI
67
EAM Investors
California
$1.06M +$1.01M +28,723 New
WPC
68
White Pine Capital
Minnesota
$1.03M +$171K +4,845 +21%
1832 Asset Management
69
1832 Asset Management
Ontario, Canada
$1.02M +$3.53K +100 +0.4%
TA
70
Teachers Advisors
New York
$971K
Deutsche Bank
71
Deutsche Bank
Germany
$948K +$79.4K +2,251 +10%
Swiss National Bank
72
Swiss National Bank
Switzerland
$935K
Canada Life
73
Canada Life
Manitoba, Canada
$844K +$734K +20,798 +984%
RJA
74
Raymond James & Associates
Florida
$816K +$781K +22,151 New
MIM
75
Montgomery Investment Management
Maryland
$810K +$776K +22,000 New

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.