LGI Homes
LGIH
238 hedge funds and large institutions have $2.23B invested in LGI Homes in 2020 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 74 increasing their positions, 78 reducing their positions, and 27 closing their positions.
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
4% more funds holding
Funds holding: 228 → 238 (+10)
5% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 78
6.17% less ownership
Funds ownership: 90.12% → 83.95% (-6.2%)
15% less capital invested
Capital invested by funds: $2.63B → $2.23B (-$397M)
55% less funds holding in top 10
Funds holding in top 10: 11 → 5 (-6)
56% less call options, than puts
Call options by funds: $15.8M | Put options by funds: $36.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$17.4M |
| 2 |
BlackRock
New York
|
+$14.4M |
| 3 |
Millennium Management
New York
|
+$10.3M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$10.1M |
| 5 |
Morgan Stanley
New York
|
+$9.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$54.9M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$38.9M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$38.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.9M |
| 5 |
JP Morgan Chase
New York
|
-$17.7M |
LGIH Hedge Fund Activity: Q4 2020 in Review
238 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q4 2020, worth a combined $2.23B — down 15% from $2.63B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new LGIH positions and 27 closed out — a net gain of 12 holders — while 74 added to existing stakes and 78 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $17.4M. The largest seller was Macquarie Group, cutting an estimated $54.9M.
- 238 institutional investors held LGI Homes (LGIH) as of Q4 2020, up from 228 in Q3 2020.
- Funds reported $2.23B of LGI Homes stock for Q4 2020, down 15% quarter-over-quarter.
- 39 funds opened new LGI Homes positions in Q4 2020 and 27 closed out, a net change of +12 holders.
- The largest LGI Homes buyer in Q4 2020 was T. Rowe Price Associates, an estimated $17.4M added.
- The largest LGI Homes seller in Q4 2020 was Macquarie Group, an estimated $54.9M sold.
Based on aggregated 13F filings for Q4 2020.