LGI Homes
LGIH
228 hedge funds and large institutions have $2.63B invested in LGI Homes in 2020 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 74 increasing their positions, 85 reducing their positions, and 28 closing their positions.
112% more call options, than puts
Call options by funds: $48.9M | Put options by funds: $23.1M
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
31% more capital invested
Capital invested by funds: $2B → $2.63B (+$625M)
4% more funds holding
Funds holding: 220 → 228 (+8)
0.62% less ownership
Funds ownership: 90.74% → 90.12% (-0.62%)
13% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$42.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$26M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$13.1M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$7.93M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
+$7.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$84.7M |
| 2 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$15.7M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$14.6M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$10.4M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$7.13M |
LGIH Hedge Fund Activity: Q3 2020 in Review
228 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q3 2020, worth a combined $2.63B — up 31% from $2B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new LGIH positions and 28 closed out — a net gain of 9 holders — while 74 added to existing stakes and 85 trimmed.
The largest buyer was Vanguard Group, adding an estimated $42.1M. The largest seller was Fidelity Investments, cutting an estimated $84.7M.
- 228 institutional investors held LGI Homes (LGIH) as of Q3 2020, up from 220 in Q2 2020.
- Funds reported $2.63B of LGI Homes stock for Q3 2020, up 31% quarter-over-quarter.
- 37 funds opened new LGI Homes positions in Q3 2020 and 28 closed out, a net change of +9 holders.
- The largest LGI Homes buyer in Q3 2020 was Vanguard Group, an estimated $42.1M added.
- The largest LGI Homes seller in Q3 2020 was Fidelity Investments, an estimated $84.7M sold.
Based on aggregated 13F filings for Q3 2020.