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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
California Public Employees Retirement System
76
California Public Employees Retirement System
California
$785K -$511K -14,500 -41%
AFG
77
Albion Financial Group
Utah
$780K
MERSOM
78
Municipal Employees' Retirement System of Michigan
Michigan
$759K +$109K +3,100 +18%
RhumbLine Advisers
79
RhumbLine Advisers
Massachusetts
$757K +$162K +4,580 +29%
BG
80
BlackRock Group
United Kingdom
$687K +$379K +10,733 +136%
LPL Financial
81
LPL Financial
California
$687K +$689K +19,523 New
CS
82
Credit Suisse
Switzerland
$616K -$56.1K -1,592 -9%
BPM
83
Bowling Portfolio Management
Ohio
$608K +$582K +16,510 New
AllianceBernstein
84
AllianceBernstein
Tennessee
$604K
KeyBank National Association
85
KeyBank National Association
Ohio
$599K -$17.6K -500 -3%
O
86
OppenheimerFunds
New York
$595K +$570K +16,160 New
Comerica Bank
87
Comerica Bank
Texas
$593K +$597K +16,923 New
FFA
88
First Foundation Advisors
California
$553K +$529K +15,000 New
CAM
89
Capstone Asset Management
Texas
$549K +$526K +14,910 New
Legal & General Group
90
Legal & General Group
United Kingdom
$518K +$398K +11,292 +404%
FAB
91
First American Bank
Illinois
$505K -$31.8K -903 -6%
CL
92
CIM LLC
New York
$502K +$481K +13,625 New
State of Tennessee, Department of Treasury
93
State of Tennessee, Department of Treasury
Tennessee
$494K +$473K +13,400 New
TPSF
94
Texas Permanent School Fund
Texas
$472K +$452K +12,812 New
Ohio Public Employees Retirement System (OPERS)
95
Ohio Public Employees Retirement System (OPERS)
Ohio
$441K +$422K +11,973 New
Public Sector Pension Investment Board (PSP Investments)
96
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$438K +$420K +11,900 New
MLICM
97
Metropolitan Life Insurance Company (MetLife)
New York
$436K
AIG
98
American International Group
New York
$432K +$99.6K +2,823 +32%
CGH
99
Crossmark Global Holdings
Texas
$430K +$312K +8,860 New
AA
100
ALPS Advisors
Colorado
$420K -$242K -6,848 -38%

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.