LGI Homes
LGIH
202 hedge funds and large institutions have $1.52B invested in LGI Homes in 2019 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 80 increasing their positions, 65 reducing their positions, and 27 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 65
3.93% less ownership
Funds ownership: 97.14% → 93.21% (-3.9%)
7% less funds holding
Funds holding: 217 → 202 (-15)
18% less capital invested
Capital invested by funds: $1.85B → $1.52B (-$332M)
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
34% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $17M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$13.3M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$10.1M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.06M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$5.84M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$5.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$25.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.4M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$15.5M |
| 4 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$11.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.46M |
LGIH Hedge Fund Activity: Q4 2019 in Review
202 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q4 2019, worth a combined $1.52B — down 18% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of LGIH and 19 opened new positions — a net loss of 8 holders — while 65 trimmed existing stakes and 80 added.
The largest buyer was Altshuler Shaham, adding an estimated $13.3M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $25.3M sold.
- 202 institutional investors held LGI Homes (LGIH) as of Q4 2019, down from 217 in Q3 2019.
- Funds reported $1.52B of LGI Homes stock for Q4 2019, down 18% quarter-over-quarter.
- 19 funds opened new LGI Homes positions in Q4 2019 and 27 closed out, a net change of -8 holders.
- The largest LGI Homes buyer in Q4 2019 was Altshuler Shaham, an estimated $13.3M added.
- The largest LGI Homes seller in Q4 2019 was Driehaus Capital Management, an estimated $25.3M sold.
Based on aggregated 13F filings for Q4 2019.