LGI Homes
LGIH
81 hedge funds and large institutions have $226M invested in LGI Homes in 2015 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
18% more capital invested
Capital invested by funds: $191M → $226M (+$34.5M)
3% more funds holding
Funds holding: 79 → 81 (+2)
16% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 31
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Covalent Partners
Concord,
Massachusetts
|
+$8.14M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$7.62M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$2.62M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$2.02M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SH
Scepter Holdings
Fort Worth,
Texas
|
-$7.57M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.06M |
| 3 |
OP
Osmium Partners
Greenbrae,
California
|
-$3.53M |
| 4 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$2.4M |
| 5 |
GC
Gratia Capital
Los Angeles,
California
|
-$2.35M |
LGIH Hedge Fund Activity: Q2 2015 in Review
81 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q2 2015, worth a combined $226M — up 18% from $191M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new LGIH positions and 10 closed out — a net gain of 2 holders — while 26 added to existing stakes and 31 trimmed.
The largest buyer was Covalent Partners, opening a new position worth an estimated $8.14M. The largest seller was Scepter Holdings, cutting an estimated $7.57M.
- 81 institutional investors held LGI Homes (LGIH) as of Q2 2015, up from 79 in Q1 2015.
- Funds reported $226M of LGI Homes stock for Q2 2015, up 18% quarter-over-quarter.
- 12 funds opened new LGI Homes positions in Q2 2015 and 10 closed out, a net change of +2 holders.
- The largest LGI Homes buyer in Q2 2015 was Covalent Partners, an estimated $8.14M added.
- The largest LGI Homes seller in Q2 2015 was Scepter Holdings, an estimated $7.57M sold.
Based on aggregated 13F filings for Q2 2015.