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LGI Homes

190 hedge funds and large institutions have $950M invested in LGI Homes in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 67 increasing their positions, 68 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more call options, than puts

Call options by funds: $10.3M | Put options by funds: $9.34M

1% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 68

1.19% less ownership

Funds ownership: 89.66%88.46% (-1.2%)

8% less funds holding

Funds holding: 207190 (-17)

14% less capital invested

Capital invested by funds: $1.1B → $950M (-$149M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

40% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 40

Holders
190
Holders Change
-17
Holders Change %
-8.21%
% of All Funds
4.34%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
24
Increased
67
Reduced
68
Closed
40
Calls
$10.3M
Puts
$9.34M
Net Calls
+$924K
Net Calls Change
+$7.21M
Name Holding Trade Value Shares
Change
Change in
Stake
CTA
51
Carillon Tower Advisers
Florida
$2.75M +$61.7K +1,122 +2%
MCMT
52
Moon Capital Management (Tennessee)
Tennessee
$2.48M +$34.6K +630 +1%
Boston Partners
53
Boston Partners
Massachusetts
$2.39M +$2.77M +50,300 New
Royal Bank of Canada
54
Royal Bank of Canada
Ontario, Canada
$2.28M +$15.9K +290 +0.6%
First Trust Advisors
55
First Trust Advisors
Illinois
$2.28M -$385K -7,003 -13%
TA
56
Teachers Advisors
New York
$2.26M +$45.4K +825 +2%
SI
57
Shaker Investments
Ohio
$2.14M
Wells Fargo
58
Wells Fargo
California
$2.11M +$365K +6,648 +18%
Legal & General Group
59
Legal & General Group
United Kingdom
$2.1M +$219K +3,980 +10%
Hotchkis & Wiley Capital Management
60
Hotchkis & Wiley Capital Management
California
$2.07M +$785K +14,284 +49%
RJA
61
Raymond James & Associates
Florida
$2.06M +$2.39M +43,526 New
Bank of America
62
Bank of America
North Carolina
$2.01M -$54.9K -998 -2%
RhumbLine Advisers
63
RhumbLine Advisers
Massachusetts
$2.01M -$45.5K -827 -2%
TU
64
TDAM USA
Ontario, Canada
$2M +$1.03M +18,734 +80%
AWCI
65
Alpine Woods Capital Investors
New York
$1.99M -$5.5K -100 -0.2%
CA
66
Cetera Advisors
Colorado
$1.96M +$106K +1,932 +5%
TCIM
67
TIAA CREF Investment Management
New York
$1.95M -$223K -4,058 -9%
Ohio Public Employees Retirement System (OPERS)
68
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.65M -$350K -6,370 -16%
CP
69
Covalent Partners
Massachusetts
$1.65M +$1.91M +34,691 New
Swiss National Bank
70
Swiss National Bank
Switzerland
$1.61M
SEI Investments
71
SEI Investments
Pennsylvania
$1.52M -$1.19M -21,589 -40%
EMG
72
Ellington Management Group
Connecticut
$1.48M +$1.72M +31,266 New
Barclays
73
Barclays
United Kingdom
$1.45M -$930K -16,911 -36%
Norges Bank
74
Norges Bank
Norway
$1.41M
California State Teachers Retirement System (CalSTRS)
75
California State Teachers Retirement System (CalSTRS)
California
$1.34M -$550 -10 -0%

LGIH Hedge Fund Activity: Q3 2018 in Review

190 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q3 2018, worth a combined $950M — down 14% from $1.1B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of LGIH and 24 opened new positions — a net loss of 16 holders — while 68 trimmed existing stakes and 67 added.

The largest buyer was Frontier Capital Management, adding an estimated $34.8M. The largest seller was Macquarie Group, cutting an estimated $34.1M.

  • 190 institutional investors held LGI Homes (LGIH) as of Q3 2018, down from 207 in Q2 2018.
  • Funds reported $950M of LGI Homes stock for Q3 2018, down 14% quarter-over-quarter.
  • 24 funds opened new LGI Homes positions in Q3 2018 and 40 closed out, a net change of -16 holders.
  • The largest LGI Homes buyer in Q3 2018 was Frontier Capital Management, an estimated $34.8M added.
  • The largest LGI Homes seller in Q3 2018 was Macquarie Group, an estimated $34.1M sold.

Based on aggregated 13F filings for Q3 2018.