LGI Homes
LGIH
146 hedge funds and large institutions have $637M invested in LGI Homes in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 42 reducing their positions, and 19 closing their positions.
76% more call options, than puts
Call options by funds: $9.2M | Put options by funds: $5.22M
38% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 42
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
20% more capital invested
Capital invested by funds: $529M → $637M (+$108M)
0.44% more ownership
Funds ownership: 86.54% → 86.98% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less funds holding
Funds holding: 149 → 146 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$73.1M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$21.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$16.2M |
| 4 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$5.63M |
| 5 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$15.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$7.93M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$5.21M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$4.09M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.7M |
LGIH Hedge Fund Activity: Q1 2017 in Review
146 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q1 2017, worth a combined $637M — up 20% from $529M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new LGIH positions and 19 closed out — a net gain of 4 holders — while 58 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $73.1M. The largest seller was Capital Growth Management, exiting entirely with an estimated $15.6M sold.
- 146 institutional investors held LGI Homes (LGIH) as of Q1 2017, down from 149 in Q4 2016.
- Funds reported $637M of LGI Homes stock for Q1 2017, up 20% quarter-over-quarter.
- 23 funds opened new LGI Homes positions in Q1 2017 and 19 closed out, a net change of +4 holders.
- The largest LGI Homes buyer in Q1 2017 was BlackRock, an estimated $73.1M added.
- The largest LGI Homes seller in Q1 2017 was Capital Growth Management, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2017.