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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
UBS AM
101
UBS AM
Illinois
$274K
PAM
102
Princeton Alpha Management
New Jersey
$261K +$226K +8,163 New
LNC
103
Lincoln National Corp
Pennsylvania
$256K -$41.6K -1,500 -16%
BG
104
BlackRock Group
United Kingdom
$252K +$55.7K +2,011 +34%
SB
105
Suntrust Banks
Georgia
$252K +$219K +7,915 New
VOYA Investment Management
106
VOYA Investment Management
Georgia
$249K +$216K +7,805 New
OSAM
107
O'Shaughnessy Asset Management
Connecticut
$244K -$66K -2,383 -24%
ARTA
108
A.R.T. Advisors
New York
$238K +$207K +7,457 New
BlackRock
109
BlackRock
New York
$236K +$176K +6,362 +622%
IA
110
Icon Advisers
Colorado
$230K -$1.1M -39,600 -85%
PNC Financial Services Group
111
PNC Financial Services Group
Pennsylvania
$215K -$188K -6,781 -50%
Creative Planning
112
Creative Planning
Kansas
$175K +$66K +2,380 +77%
PAM
113
Paradigm Asset Management
New York
$163K +$11.1K +400 +9%
CG
114
Cutler Group
California
$155K -$34.2K -1,235 -20%
GWM
115
Geneos Wealth Management
Colorado
$129K
AP
116
Atwood & Palmer
Missouri
$113K
Parallax Volatility Advisers
117
Parallax Volatility Advisers
California
$112K +$97.2K +3,506 New
Legal & General Group
118
Legal & General Group
United Kingdom
$88K
Envestnet Asset Management
119
Envestnet Asset Management
Illinois
$80K +$69.6K +2,512 New
Citigroup
120
Citigroup
New York
$73K -$277K -10,002 -81%
Canada Life
121
Canada Life
Manitoba, Canada
$67K
Teacher Retirement System of Texas
122
Teacher Retirement System of Texas
Texas
$67K +$7.26K +262 +14%
IMAS
123
ID Management A/S
Denmark
$67K +$58.2K +2,100 New
US Bancorp
124
US Bancorp
Minnesota
$66K -$31.5K -1,137 -36%
TDC
125
Thompson Davis & Co
Virginia
$60K +$45.4K +1,640 +656%

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.