LGI Homes
LGIH
145 hedge funds and large institutions have $809M invested in LGI Homes in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 56 increasing their positions, 50 reducing their positions, and 15 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
38% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $9.04M
27% more capital invested
Capital invested by funds: $637M → $809M (+$173M)
12% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 50
6.47% more ownership
Funds ownership: 86.98% → 93.44% (+6.5%)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less funds holding
Funds holding: 146 → 145 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gratia Capital
Los Angeles,
California
|
+$25.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.7M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$7.38M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$5.95M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$6.42M |
| 2 |
Millennium Management
New York
|
-$4.47M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.61M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.47M |
| 5 |
PCM
Prelude Capital Management
New York
|
-$3.23M |
LGIH Hedge Fund Activity: Q2 2017 in Review
145 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q2 2017, worth a combined $809M — up 27% from $637M a quarter earlier.
Fund positioning in LGIH was balanced in Q2 2017: 15 funds opened new positions, 15 closed out, 56 added to existing stakes and 50 trimmed.
The largest buyer was Gratia Capital, opening a new position worth an estimated $25.8M. The largest seller was Covalent Partners, cutting an estimated $6.42M.
- 145 institutional investors held LGI Homes (LGIH) as of Q2 2017, down from 146 in Q1 2017.
- Funds reported $809M of LGI Homes stock for Q2 2017, up 27% quarter-over-quarter.
- 15 funds opened new LGI Homes positions in Q2 2017 and 15 closed out, a net change of 0 holders.
- The largest LGI Homes buyer in Q2 2017 was Gratia Capital, an estimated $25.8M added.
- The largest LGI Homes seller in Q2 2017 was Covalent Partners, an estimated $6.42M sold.
Based on aggregated 13F filings for Q2 2017.