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LGI Homes

217 hedge funds and large institutions have $1.85B invested in LGI Homes in 2019 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 87 increasing their positions, 57 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 15

53% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 57

18% more capital invested

Capital invested by funds: $1.56B → $1.85B (+$286M)

8% more funds holding

Funds holding: 201217 (+16)

1.57% more ownership

Funds ownership: 95.57%97.14% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

25% less call options, than puts

Call options by funds: $17.2M | Put options by funds: $22.9M

Holders
217
Holders Change
+16
Holders Change %
+7.96%
% of All Funds
4.76%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
33
Increased
87
Reduced
57
Closed
15
Calls
$17.2M
Puts
$22.9M
Net Calls
-$5.74M
Net Calls Change
-$13M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
101
JP Morgan Chase
New York
$1.18M -$10.3K -135 -0.9%
RJA
102
Raymond James & Associates
Florida
$1.15M +$375K +4,902 +55%
TPSF
103
Texas Permanent School Fund
Texas
$1.13M +$63K +825 +6%
New York State Teachers Retirement System (NYSTRS)
104
New York State Teachers Retirement System (NYSTRS)
New York
$1.09M +$15.3K +200 +2%
Susquehanna International Group
105
Susquehanna International Group
Pennsylvania
$1.09M +$120K +1,564 +14%
KCM
106
Kornitzer Capital Management
Kansas
$1.08M
LPL Financial
107
LPL Financial
California
$1.04M -$33.9K -443 -3%
Manulife (Manufacturers Life Insurance)
108
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$955K
AG
109
Aperio Group
California
$948K +$54.4K +712 +7%
CANY
110
Caxton Associates (New York)
New York
$794K +$729K +9,535 New
MIM
111
MetLife Investment Management
New Jersey
$754K
Assenagon Asset Management
112
Assenagon Asset Management
Luxembourg
$732K +$671K +8,781 New
CNAM
113
Campbell Newman Asset Management
Wisconsin
$709K -$5.12K -67 -0.8%
State of Tennessee, Department of Treasury
114
State of Tennessee, Department of Treasury
Tennessee
$680K +$49.1K +642 +9%
COPPSERS
115
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$654K +$41.9K +548 +8%
SSWM
116
Sheets Smith Wealth Management
North Carolina
$643K +$5.96K +78 +1%
OPERF
117
Oregon Public Employees Retirement Fund
Oregon
$618K +$7.64K +100 +1%
LSERS
118
Louisiana State Employees Retirement System
Louisiana
$617K +$30.6K +400 +6%
T. Rowe Price Associates
119
T. Rowe Price Associates
Maryland
$614K +$7.26K +95 +1%
BCM
120
Brookstone Capital Management
Illinois
$613K +$25.4K +332 +5%
HCM
121
Hodges Capital Management
Texas
$604K -$325K -4,250 -37%
RJFSA
122
Raymond James Financial Services Advisors
Florida
$599K -$2.29K -30 -0.4%
MSA
123
Mason Street Advisors
Wisconsin
$565K +$38.4K +502 +8%
AWM
124
Avior Wealth Management
Nebraska
$558K -$203K -2,660 -28%
AQR Capital Management
125
AQR Capital Management
Connecticut
$556K +$510K +6,676 New

LGIH Hedge Fund Activity: Q3 2019 in Review

217 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q3 2019, worth a combined $1.85B — up 18% from $1.56B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new LGIH positions and 15 closed out — a net gain of 18 holders — while 87 added to existing stakes and 57 trimmed.

The largest buyer was Lord, Abbett & Co, adding an estimated $34.3M. The largest seller was Frontier Capital Management, cutting an estimated $32.5M.

  • 217 institutional investors held LGI Homes (LGIH) as of Q3 2019, up from 201 in Q2 2019.
  • Funds reported $1.85B of LGI Homes stock for Q3 2019, up 18% quarter-over-quarter.
  • 33 funds opened new LGI Homes positions in Q3 2019 and 15 closed out, a net change of +18 holders.
  • The largest LGI Homes buyer in Q3 2019 was Lord, Abbett & Co, an estimated $34.3M added.
  • The largest LGI Homes seller in Q3 2019 was Frontier Capital Management, an estimated $32.5M sold.

Based on aggregated 13F filings for Q3 2019.