LGI Homes
LGIH
76 hedge funds and large institutions have $188M invested in LGI Homes in 2014 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
13% more funds holding
Funds holding: 67 → 76 (+9)
5% more capital invested
Capital invested by funds: $178M → $188M (+$9.37M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.32M |
| 2 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$5.28M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$2.27M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$1.24M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$6.39M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.31M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$2.08M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.24M |
| 5 |
SH
Scepter Holdings
Fort Worth,
Texas
|
-$1.11M |
LGIH Hedge Fund Activity: Q3 2014 in Review
76 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q3 2014, worth a combined $188M — up 5.3% from $178M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new LGIH positions and 6 closed out — a net gain of 9 holders — while 26 added to existing stakes and 20 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.32M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $6.39M sold.
- 76 institutional investors held LGI Homes (LGIH) as of Q3 2014, up from 67 in Q2 2014.
- Funds reported $188M of LGI Homes stock for Q3 2014, up 5.3% quarter-over-quarter.
- 15 funds opened new LGI Homes positions in Q3 2014 and 6 closed out, a net change of +9 holders.
- The largest LGI Homes buyer in Q3 2014 was Wells Fargo, an estimated $6.32M added.
- The largest LGI Homes seller in Q3 2014 was Philadelphia Financial Management of San Francisco, an estimated $6.39M sold.
Based on aggregated 13F filings for Q3 2014.