LGI Homes
LGIH
124 hedge funds and large institutions have $306M invested in LGI Homes in 2015 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 53 increasing their positions, 25 reducing their positions, and 25 closing their positions.
112% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 25
48% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 25
10% more funds holding
Funds holding: 113 → 124 (+11)
9% less capital invested
Capital invested by funds: $337M → $306M (-$31.2M)
40% less call options, than puts
Call options by funds: $3.39M | Put options by funds: $5.64M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$20.6M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$7.91M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$6.81M |
| 4 |
Renaissance Technologies
New York
|
+$6.1M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$4.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.5M |
| 2 |
GC
Gratia Capital
Los Angeles,
California
|
-$6.77M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$4.8M |
| 4 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$4.19M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$4.12M |
LGIH Hedge Fund Activity: Q4 2015 in Review
124 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q4 2015, worth a combined $306M — down 9.3% from $337M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new LGIH positions and 25 closed out — a net gain of 12 holders — while 53 added to existing stakes and 25 trimmed.
The largest buyer was State Street, adding an estimated $20.6M. The largest seller was Wellington Management Group, exiting entirely with an estimated $17.5M sold.
- 124 institutional investors held LGI Homes (LGIH) as of Q4 2015, up from 113 in Q3 2015.
- Funds reported $306M of LGI Homes stock for Q4 2015, down 9.3% quarter-over-quarter.
- 37 funds opened new LGI Homes positions in Q4 2015 and 25 closed out, a net change of +12 holders.
- The largest LGI Homes buyer in Q4 2015 was State Street, an estimated $20.6M added.
- The largest LGI Homes seller in Q4 2015 was Wellington Management Group, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2015.