LGI Homes
LGIH
149 hedge funds and large institutions have $529M invested in LGI Homes in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 59 increasing their positions, 43 reducing their positions, and 31 closing their positions.
166% more call options, than puts
Call options by funds: $6.78M | Put options by funds: $2.55M
120% more capital inflows, than outflows
Capital inflows: $91.2M | Capital outflows: $41.4M
37% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 43
7.03% more ownership
Funds ownership: 79.51% → 86.54% (+7%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
9% less funds holding
Funds holding: 164 → 149 (-15)
39% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neumeier Poma Investment Counsel
Carmel,
California
|
+$19M |
| 2 |
Frontier Capital Management
Boston,
Massachusetts
|
+$13.2M |
| 3 |
Next Century Growth Investors
Plymouth,
Minnesota
|
+$7.64M |
| 4 |
Covalent Partners
Concord,
Massachusetts
|
+$3.81M |
| 5 |
BlackRock Fund Advisors
San Francisco,
California
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$4.27M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
-$3.42M |
| 3 |
Capital Growth Management
Boston,
Massachusetts
|
-$3.21M |
| 4 |
Pier Capital
Stamford,
Connecticut
|
-$2.35M |
| 5 |
Driehaus Capital Management
Chicago,
Illinois
|
-$1.93M |
LGIH Hedge Fund Activity: Q4 2016 in Review
149 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q4 2016, worth a combined $529M — down 15% from $623M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of LGIH and 19 opened new positions — a net loss of 12 holders — while 43 trimmed existing stakes and 59 added.
The largest buyer was Neumeier Poma Investment Counsel, opening a new position worth an estimated $19M. The largest seller was Allianz Asset Management, cutting an estimated $4.27M.
- 149 institutional investors held LGI Homes (LGIH) as of Q4 2016, down from 164 in Q3 2016.
- Funds reported $529M of LGI Homes stock for Q4 2016, down 15% quarter-over-quarter.
- 19 funds opened new LGI Homes positions in Q4 2016 and 31 closed out, a net change of -12 holders.
- The largest LGI Homes buyer in Q4 2016 was Neumeier Poma Investment Counsel, an estimated $19M added.
- The largest LGI Homes seller in Q4 2016 was Allianz Asset Management, an estimated $4.27M sold.
Based on aggregated 13F filings for Q4 2016.