LGI Homes
LGIH
145 hedge funds and large institutions have $450M invested in LGI Homes in 2016 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 50 increasing their positions, 42 reducing their positions, and 13 closing their positions.
169% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
49% more capital invested
Capital invested by funds: $301M → $450M (+$148M)
19% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 42
17% more funds holding
Funds holding: 124 → 145 (+21)
37% less call options, than puts
Call options by funds: $3.02M | Put options by funds: $4.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$17.6M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$11M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$6.31M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
+$5.43M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$9.97M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$3.82M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
-$3.46M |
| 4 |
State Street
Boston,
Massachusetts
|
-$3.15M |
| 5 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$2.49M |
LGIH Hedge Fund Activity: Q2 2016 in Review
145 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q2 2016, worth a combined $450M — up 49% from $301M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new LGIH positions and 13 closed out — a net gain of 22 holders — while 50 added to existing stakes and 42 trimmed.
The largest buyer was Gilder Gagnon Howe & Co, adding an estimated $17.6M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $9.97M.
- 145 institutional investors held LGI Homes (LGIH) as of Q2 2016, up from 124 in Q1 2016.
- Funds reported $450M of LGI Homes stock for Q2 2016, up 49% quarter-over-quarter.
- 35 funds opened new LGI Homes positions in Q2 2016 and 13 closed out, a net change of +22 holders.
- The largest LGI Homes buyer in Q2 2016 was Gilder Gagnon Howe & Co, an estimated $17.6M added.
- The largest LGI Homes seller in Q2 2016 was Philadelphia Financial Management of San Francisco, an estimated $9.97M sold.
Based on aggregated 13F filings for Q2 2016.