LGI Homes
LGIH
124 hedge funds and large institutions have $301M invested in LGI Homes in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 42 increasing their positions, 37 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
52% more call options, than puts
Call options by funds: $4.72M | Put options by funds: $3.1M
14% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 37
4% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 23
0% more funds holding
Funds holding: 124 → 124 (0)
1% less capital invested
Capital invested by funds: $306M → $301M (-$4.25M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$7.87M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$3.98M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3.38M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$2.78M |
| 5 |
DCCA
D.C. Capital Advisors
New York
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$5.55M |
| 2 |
State Street
Boston,
Massachusetts
|
-$4.64M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$4.43M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.35M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
-$2.92M |
LGIH Hedge Fund Activity: Q1 2016 in Review
124 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q1 2016, worth a combined $301M — down 1.4% from $306M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new LGIH positions and 23 closed out — a net gain of 1 holder — while 42 added to existing stakes and 37 trimmed.
The largest buyer was Philadelphia Financial Management of San Francisco, adding an estimated $7.87M. The largest seller was Renaissance Technologies, cutting an estimated $5.55M.
- 124 institutional investors held LGI Homes (LGIH) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $301M of LGI Homes stock for Q1 2016, down 1.4% quarter-over-quarter.
- 24 funds opened new LGI Homes positions in Q1 2016 and 23 closed out, a net change of +1 holder.
- The largest LGI Homes buyer in Q1 2016 was Philadelphia Financial Management of San Francisco, an estimated $7.87M added.
- The largest LGI Homes seller in Q1 2016 was Renaissance Technologies, an estimated $5.55M sold.
Based on aggregated 13F filings for Q1 2016.