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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
ASRS
76
Arizona State Retirement System
Arizona
$1.28M +$31.4K +572 +2%
Millennium Management
77
Millennium Management
New York
$1.28M +$1.48M +26,891 New
SFPIA
78
Stevens First Principles Investment Advisors
California
$1.27M +$22.8K +415 +2%
California Public Employees Retirement System
79
California Public Employees Retirement System
California
$1.26M -$104K -1,900 -7%
WPC
80
White Pine Capital
Minnesota
$1.26M
Canada Life
81
Canada Life
Manitoba, Canada
$1.13M
New York State Common Retirement Fund
82
New York State Common Retirement Fund
New York
$991K -$437K -7,947 -28%
JP Morgan Chase
83
JP Morgan Chase
New York
$977K -$34.2K -622 -3%
TC
84
Telemus Capital
Michigan
$949K
AllianceBernstein
85
AllianceBernstein
Tennessee
$925K
CS
86
Credit Suisse
Switzerland
$914K -$327K -5,949 -24%
O
87
OppenheimerFunds
New York
$906K +$299K +5,435 +40%
PGCM
88
Prescott Group Capital Management
Oklahoma
$854K +$989K +18,000 New
PH
89
Pinnacle Holdings
Oklahoma
$808K -$1.87K -34 -0.2%
MWNA
90
Marshall Wace North America
New York
$731K +$847K +15,409 New
BFM
91
Boothbay Fund Management
New York
$723K +$25.9K +471 +3%
Comerica Bank
92
Comerica Bank
Texas
$709K -$62.2K -1,131 -6%
GC
93
Guggenheim Capital
Illinois
$701K +$135K +2,456 +20%
AIG
94
American International Group
New York
$689K +$18K +328 +2%
IA
95
Icon Advisers
Colorado
$678K +$115K +2,100 +17%
LPL Financial
96
LPL Financial
California
$628K -$19.5K -355 -3%
KCM
97
Kornitzer Capital Management
Kansas
$617K
Thrivent Financial for Lutherans
98
Thrivent Financial for Lutherans
Minnesota
$599K +$11.4K +208 +2%
Public Sector Pension Investment Board (PSP Investments)
99
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$596K +$56.8K +1,034 +9%
MNG
100
Manning & Napier Group
New York
$589K -$55 -1 -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.