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LGI Homes

145 hedge funds and large institutions have $451M 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.

New
Increased
Maintained
Reduced
Closed

169% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 13

51% more capital invested

Capital invested by funds: $299M → $451M (+$152M)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

19% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 42

17% more funds holding

Funds holding: 124145 (+21)

37% less call options, than puts

Call options by funds: $3.02M | Put options by funds: $4.82M

Holders
145
Holders Change
+21
Holders Change %
+16.94%
% of All Funds
3.87%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
35
Increased
50
Reduced
42
Closed
13
Calls
$3.02M
Puts
$4.82M
Net Calls
-$1.8M
Net Calls Change
-$3.42M
Name Holding Trade Value Shares
Change
Change in
Stake
GGHC
1
Gilder Gagnon Howe & Co
New York
$62.9M +$17.6M +636,102 +48%
FCM
2
Frontier Capital Management
Massachusetts
$45.7M +$11M +398,584 +39%
WA
3
Wasatch Advisors
Utah
$32.2M -$75.2K -2,712 -0.3%
CGM
4
Capital Growth Management
Massachusetts
$30.5M +$3.33M +120,000 +14%
Vanguard Group
5
Vanguard Group
Pennsylvania
$18.6M +$1.76M +63,586 +12%
State Street
6
State Street
Massachusetts
$18M -$3.15M -113,704 -17%
CP
7
Covalent Partners
Massachusetts
$16.7M +$2.13M +77,000 +17%
BIT
8
BlackRock Institutional Trust
California
$13.9M +$1.19M +42,910 +11%
BFA
9
BlackRock Fund Advisors
California
$12.8M +$1.21M +43,570 +12%
AWCI
10
Alpine Woods Capital Investors
New York
$11.7M
Allianz Asset Management
11
Allianz Asset Management
Germany
$11.3M -$3.82M -137,966 -28%
Lord, Abbett & Co
12
Lord, Abbett & Co
New Jersey
$8.63M +$2M +72,082 +36%
NCGI
13
Next Century Growth Investors
Minnesota
$8.59M +$1.05M +37,734 +16%
State of New Jersey Common Pension Fund D
14
State of New Jersey Common Pension Fund D
New Jersey
$8.27M +$554K +20,000 +8%
PI
15
Putnam Investments
Massachusetts
$7.27M +$6.31M +227,718 New
PFMOSF
16
Philadelphia Financial Management of San Francisco
California
$7.25M -$9.97M -359,741 -61%
DCCA
17
D.C. Capital Advisors
New York
$6.39M +$2.77M +100,000 +100%
PC
18
Pier Capital
Connecticut
$6.26M +$5.43M +195,878 New
WRF
19
Waddell & Reed Financial
Kansas
$6.11M +$1.19M +42,900 +29%
Northern Trust
20
Northern Trust
Illinois
$5.61M +$855K +30,861 +21%
GPGA
21
Grandeur Peak Global Advisors
Utah
$5.35M -$80.4K -2,900 -2%
RI
22
Redwood Investments
Massachusetts
$4.93M +$732K +26,430 +21%
HCM
23
Hodges Capital Management
Texas
$4.57M -$377K -13,600 -9%
Morgan Stanley
24
Morgan Stanley
New York
$4.51M -$688K -24,841 -15%
ZIM
25
ZPR Investment Management
Florida
$4.31M -$2.49M -89,780 -40%

LGIH Hedge Fund Activity: Q2 2016 in Review

145 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q2 2016, worth a combined $451M — up 51% from $299M 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 $451M of LGI Homes stock for Q2 2016, up 51% 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.