LGI Homes
LGIH
196 hedge funds and large institutions have $1.31B invested in LGI Homes in 2019 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 67 increasing their positions, 54 reducing their positions, and 21 closing their positions.
90% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 21
29% more capital invested
Capital invested by funds: $1.01B → $1.31B (+$298M)
24% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 54
11% more funds holding
Funds holding: 177 → 196 (+19)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.86% less ownership
Funds ownership: 98.67% → 95.81% (-2.9%)
59% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $32.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$15.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$10M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.68M |
| 4 |
CU
CDAM (UK)
London,
United Kingdom
|
+$7.33M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$36.4M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$10.8M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$9.61M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$6.91M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$6.11M |
LGIH Hedge Fund Activity: Q1 2019 in Review
196 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q1 2019, worth a combined $1.31B — up 29% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new LGIH positions and 21 closed out — a net gain of 19 holders — while 67 added to existing stakes and 54 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $15.1M. The largest seller was Epoch Investment Partners, cutting an estimated $36.4M.
- 196 institutional investors held LGI Homes (LGIH) as of Q1 2019, up from 177 in Q4 2018.
- Funds reported $1.31B of LGI Homes stock for Q1 2019, up 29% quarter-over-quarter.
- 40 funds opened new LGI Homes positions in Q1 2019 and 21 closed out, a net change of +19 holders.
- The largest LGI Homes buyer in Q1 2019 was Driehaus Capital Management, an estimated $15.1M added.
- The largest LGI Homes seller in Q1 2019 was Epoch Investment Partners, an estimated $36.4M sold.
Based on aggregated 13F filings for Q1 2019.