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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
LIA
151
LS Investment Advisors
Michigan
$138K -$39.4K -716 -20%
PNC Financial Services Group
152
PNC Financial Services Group
Pennsylvania
$134K +$63K +1,146 +69%
AG
153
Advisor Group
Arizona
$134K +$78.6K +1,429 +102%
FMT
154
First Mercantile Trust
Tennessee
$126K +$146K +2,650 New
EP
155
Elkfork Partners
Oregon
$123K +$37.5K +682 +36%
MM
156
Midas Management
New York
$121K
RCM
157
Riverhead Capital Management
Delaware
$100K +$33K +600 +40%
TAM
158
Tyers Asset Management
Texas
$90K +$27.3K +496 +36%
FIA
159
FNY Investment Advisers
New York
$85K +$16.5K +300 +20%
FHB
160
First Hawaiian Bank
Hawaii
$77K +$89.1K +1,620 New
AIP
161
Ameritas Investment Partners
Nebraska
$72K
CG
162
Cutler Group
California
$71K +$77K +1,400 +1,296%
Simplex Trading
163
Simplex Trading
Illinois
$65K -$38.4K -699 -34%
TRCT
164
Tower Research Capital (TRC)
New York
$63K +$71.1K +1,293 +4,171%
Zurich Cantonal Bank
165
Zurich Cantonal Bank
Switzerland
$59K
TFA
166
Toth Financial Advisory
Virginia
$47K
Bank of Montreal
167
Bank of Montreal
Ontario, Canada
$45K -$5.17K -94 -9%
HR
168
Howe & Rusling
New York
$33K -$102K -1,860 -73%
Macquarie Group
169
Macquarie Group
Australia
$30K -$34.1M -621,225 -100%
JCM
170
Jacobi Capital Management
Pennsylvania
$30K +$32.7K +595 +1,322%
BNP Paribas Financial Markets
171
BNP Paribas Financial Markets
France
$29.2K -$34.9K -634 -51%
Carson Wealth (CWM LLC)
172
Carson Wealth (CWM LLC)
Nebraska
$27K +$770 +14 +3%
RCG
173
Ruggie Capital Group
Florida
$25K
Group One Trading
174
Group One Trading
Illinois
$20K -$61.7K -1,123 -72%
MOACM
175
Mutual of America Capital Management
New York
$17K +$15.8K +288 +436%

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.