LGI Homes
LGIH
207 hedge funds and large institutions have $1.17B invested in LGI Homes in 2018 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 78 increasing their positions, 61 reducing their positions, and 28 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 61
1% less funds holding
Funds holding: 209 → 207 (-2)
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
1.79% less ownership
Funds ownership: 91.44% → 89.66% (-1.8%)
19% less capital invested
Capital invested by funds: $1.44B → $1.17B (-$269M)
36% less call options, than puts
Call options by funds: $10.9M | Put options by funds: $17.2M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$17.3M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$15.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$8.97M |
| 4 |
OAM
Origin Asset Management
London,
United Kingdom
|
+$8.79M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$8.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.2M |
| 2 |
O
OppenheimerFunds
New York
|
-$16.1M |
| 3 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$14.2M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
-$11M |
| 5 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$8.28M |
LGIH Hedge Fund Activity: Q2 2018 in Review
207 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q2 2018, worth a combined $1.17B — down 19% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of LGIH and 27 opened new positions — a net loss of 1 holder — while 61 trimmed existing stakes and 78 added.
The largest buyer was Wasatch Advisors, adding an estimated $17.3M. The largest seller was Fidelity Investments, cutting an estimated $22.2M.
- 207 institutional investors held LGI Homes (LGIH) as of Q2 2018, down from 209 in Q1 2018.
- Funds reported $1.17B of LGI Homes stock for Q2 2018, down 19% quarter-over-quarter.
- 27 funds opened new LGI Homes positions in Q2 2018 and 28 closed out, a net change of -1 holder.
- The largest LGI Homes buyer in Q2 2018 was Wasatch Advisors, an estimated $17.3M added.
- The largest LGI Homes seller in Q2 2018 was Fidelity Investments, an estimated $22.2M sold.
Based on aggregated 13F filings for Q2 2018.