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LGI Homes

209 hedge funds and large institutions have $1.44B invested in LGI Homes in 2018 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 86 increasing their positions, 55 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 55

44% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 27

24% more call options, than puts

Call options by funds: $28.8M | Put options by funds: $23.2M

6% more funds holding

Funds holding: 198209 (+11)

4.26% more ownership

Funds ownership: 87.18%91.44% (+4.3%)

1% less capital invested

Capital invested by funds: $1.46B → $1.44B (-$15.4M)

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

Holders
209
Holders Change
+11
Holders Change %
+5.56%
% of All Funds
4.79%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.11%
New
39
Increased
86
Reduced
55
Closed
27
Calls
$28.8M
Puts
$23.2M
Net Calls
+$5.59M
Net Calls Change
-$12.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$183M +$1.83M +27,100 +1%
GGHC
2
Gilder Gagnon Howe & Co
New York
$123M +$2.74M +40,558 +2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$103M +$10.6M +156,639 +12%
EIP
4
Epoch Investment Partners
New York
$72.2M +$69.2M +1,023,030 New
Vanguard Group
5
Vanguard Group
Pennsylvania
$69.4M +$3.21M +47,389 +5%
WA
6
Wasatch Advisors
Utah
$61.3M +$29.4M +434,609 +100%
Macquarie Group
7
Macquarie Group
Australia
$48.9M +$4.79M +70,784 +11%
FCM
8
Frontier Capital Management
Massachusetts
$45.1M -$50.8M -751,209 -54%
State Street
9
State Street
Massachusetts
$43.9M +$822K +12,158 +2%
HAI
10
Hennessy Advisors Inc
California
$35.4M +$1.27M +18,700 +4%
SCP
11
Steamboat Capital Partners
New York
$34M +$6.34M +93,655 +24%
CGM
12
Capital Growth Management
Massachusetts
$33.2M
NPIC
13
Neumeier Poma Investment Counsel
California
$23.6M -$9.29M -137,385 -29%
DCCA
14
D.C. Capital Advisors
New York
$21.2M +$4.06M +60,000 +25%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$19.1M +$318K +4,703 +2%
O
16
OppenheimerFunds
New York
$18.6M +$2.92M +43,155 +20%
State of New Jersey Common Pension Fund D
17
State of New Jersey Common Pension Fund D
New Jersey
$16.6M +$676K +10,000 +4%
Lord, Abbett & Co
18
Lord, Abbett & Co
New Jersey
$16.3M -$35.9K -530 -0.2%
Northern Trust
19
Northern Trust
Illinois
$15.1M +$101K +1,489 +0.7%
GLA
20
Great Lakes Advisors
Illinois
$13.1M +$3.47M +51,238 +38%
Morgan Stanley
21
Morgan Stanley
New York
$13.1M -$4.05M -59,853 -24%
RI
22
Redwood Investments
Massachusetts
$12.3M -$2.18M -32,236 -16%
KCM
23
Kennedy Capital Management
Missouri
$11.6M -$133K -1,960 -1%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$11.3M +$331K +4,898 +3%
Principal Financial Group
25
Principal Financial Group
Iowa
$11.1M +$524K +7,749 +5%

LGIH Hedge Fund Activity: Q1 2018 in Review

209 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q1 2018, worth a combined $1.44B — down 1.1% from $1.46B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new LGIH positions and 27 closed out — a net gain of 12 holders — while 86 added to existing stakes and 55 trimmed.

The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $69.2M. The largest seller was Frontier Capital Management, cutting an estimated $50.8M.

  • 209 institutional investors held LGI Homes (LGIH) as of Q1 2018, up from 198 in Q4 2017.
  • Funds reported $1.44B of LGI Homes stock for Q1 2018, down 1.1% quarter-over-quarter.
  • 39 funds opened new LGI Homes positions in Q1 2018 and 27 closed out, a net change of +12 holders.
  • The largest LGI Homes buyer in Q1 2018 was Epoch Investment Partners, an estimated $69.2M added.
  • The largest LGI Homes seller in Q1 2018 was Frontier Capital Management, an estimated $50.8M sold.

Based on aggregated 13F filings for Q1 2018.