LGI Homes
LGIH
220 hedge funds and large institutions have $2B invested in LGI Homes in 2020 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 69 increasing their positions, 74 reducing their positions, and 21 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 2 → 8 (+6)
129% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 21
100% more capital invested
Capital invested by funds: $999M → $2B (+$1B)
98% more call options, than puts
Call options by funds: $41.3M | Put options by funds: $20.9M
14% more funds holding
Funds holding: 193 → 220 (+27)
3.29% more ownership
Funds ownership: 87.45% → 90.74% (+3.3%)
7% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$75.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.5M |
| 3 |
BlackRock
New York
|
+$12.5M |
| 4 |
JP Morgan Chase
New York
|
+$11.4M |
| 5 |
HCM
Harspring Capital Management
New York
|
+$9.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$26M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$12.5M |
| 3 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$12.3M |
| 4 |
Millennium Management
New York
|
-$11.5M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$10.3M |
LGIH Hedge Fund Activity: Q2 2020 in Review
220 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q2 2020, worth a combined $2B — up 100% from $999M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new LGIH positions and 21 closed out — a net gain of 27 holders — while 69 added to existing stakes and 74 trimmed.
The largest buyer was Macquarie Group, opening a new position worth an estimated $75.1M. The largest seller was Epoch Investment Partners, cutting an estimated $26M.
- 220 institutional investors held LGI Homes (LGIH) as of Q2 2020, up from 193 in Q1 2020.
- Funds reported $2B of LGI Homes stock for Q2 2020, up 100% quarter-over-quarter.
- 48 funds opened new LGI Homes positions in Q2 2020 and 21 closed out, a net change of +27 holders.
- The largest LGI Homes buyer in Q2 2020 was Macquarie Group, an estimated $75.1M added.
- The largest LGI Homes seller in Q2 2020 was Epoch Investment Partners, an estimated $26M sold.
Based on aggregated 13F filings for Q2 2020.