LGI Homes
LGIH
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.
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: 3 → 4 (+1)
26% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 42
13% more funds holding
Funds holding: 145 → 164 (+19)
23% less call options, than puts
Call options by funds: $5.39M | Put options by funds: $7.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$37.8M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$33.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$12.8M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$6.16M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$6.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$10.9M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$7.25M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$6.41M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$5.82M |
| 5 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$5.35M |
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.