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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
Commonwealth Equity Services
101
Commonwealth Equity Services
Massachusetts
$417K -$74.4K -2,110 -16%
New York State Teachers Retirement System (NYSTRS)
102
New York State Teachers Retirement System (NYSTRS)
New York
$395K +$378K +10,714 New
Stifel Financial
103
Stifel Financial
Missouri
$385K +$368K +10,423 New
CCA
104
Covey Capital Advisors
Georgia
$377K
NFA
105
Nationwide Fund Advisors
Ohio
$374K
Tudor Investment Corp
106
Tudor Investment Corp
Connecticut
$368K -$13.1K -372 -4%
Manulife (Manufacturers Life Insurance)
107
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$364K -$1.52K -43 -0.4%
NIT
108
NumerixS Investment Technologies
British Columbia, Canada
$361K +$346K +9,800 New
Bank of America
109
Bank of America
North Carolina
$325K -$761K -21,567 -71%
ASRS
110
Arizona State Retirement System
Arizona
$321K +$307K +8,700 New
BA
111
BlackRock Advisors
Delaware
$318K -$542K -15,373 -64%
UBS AM
112
UBS AM
Illinois
$316K
Thrivent Financial for Lutherans
113
Thrivent Financial for Lutherans
Minnesota
$314K +$300K +8,510 New
CNAM
114
Campbell Newman Asset Management
Wisconsin
$296K +$283K +8,028 New
Goldman Sachs
115
Goldman Sachs
New York
$288K -$136K -3,857 -33%
TRSOTSOK
116
Teachers Retirement System of the State of Kentucky
Kentucky
$280K +$268K +7,600 New
LSERS
117
Louisiana State Employees Retirement System
Louisiana
$273K +$261K +7,400 New
LNC
118
Lincoln National Corp
Pennsylvania
$271K -$22.9K -650 -8%
Creative Planning
119
Creative Planning
Kansas
$241K +$37.2K +1,056 +19%
PNC Financial Services Group
120
PNC Financial Services Group
Pennsylvania
$238K -$8.01K -227 -3%
BA
121
Boston Advisors
Massachusetts
$226K +$216K +6,138 New
SI
122
Scout Investments
Missouri
$209K +$200K +5,675 New
PAM
123
Paradigm Asset Management
New York
$188K
US Bancorp
124
US Bancorp
Minnesota
$171K +$91.3K +2,590 +126%
OSAM
125
O'Shaughnessy Asset Management
Connecticut
$166K -$111K -3,134 -41%

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.