LGI Homes
LGIH
177 hedge funds and large institutions have $1.01B invested in LGI Homes in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 59 increasing their positions, 58 reducing their positions, and 37 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10.2% more ownership
Funds ownership: 88.46% → 98.67% (+10%)
7% more capital invested
Capital invested by funds: $950M → $1.01B (+$63.2M)
2% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 58
7% less funds holding
Funds holding: 190 → 177 (-13)
35% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 37
85% less call options, than puts
Call options by funds: $4.67M | Put options by funds: $31.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$36.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.8M |
| 3 |
RA
Royce & Associates
New York
|
+$10.3M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$10.1M |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$9.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$12.9M |
| 2 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$8.2M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$6.55M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$6.34M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$6M |
LGIH Hedge Fund Activity: Q4 2018 in Review
177 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q4 2018, worth a combined $1.01B — up 6.7% from $950M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of LGIH and 24 opened new positions — a net loss of 13 holders — while 58 trimmed existing stakes and 59 added.
The largest buyer was Altshuler Shaham, opening a new position worth an estimated $36.1M. The largest seller was Steamboat Capital Partners, exiting entirely with an estimated $12.9M sold.
- 177 institutional investors held LGI Homes (LGIH) as of Q4 2018, down from 190 in Q3 2018.
- Funds reported $1.01B of LGI Homes stock for Q4 2018, up 6.7% quarter-over-quarter.
- 24 funds opened new LGI Homes positions in Q4 2018 and 37 closed out, a net change of -13 holders.
- The largest LGI Homes buyer in Q4 2018 was Altshuler Shaham, an estimated $36.1M added.
- The largest LGI Homes seller in Q4 2018 was Steamboat Capital Partners, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2018.