LGI Homes
LGIH
207 hedge funds and large institutions have $2.51B invested in LGI Homes in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 69 increasing their positions, 75 reducing their positions, and 27 closing their positions.
64% more call options, than puts
Call options by funds: $19.1M | Put options by funds: $11.7M
30% more capital invested
Capital invested by funds: $1.93B → $2.51B (+$579M)
4.77% more ownership
Funds ownership: 89.43% → 94.21% (+4.8%)
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
1% less funds holding
Funds holding: 209 → 207 (-2)
8% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 75
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$34.6M |
| 2 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
+$15.8M |
| 3 |
AM
Ampfield Management
New York
|
+$15.6M |
| 4 |
Goldman Sachs
New York
|
+$12.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$55.1M |
| 2 |
HCM
Harspring Capital Management
New York
|
-$8.14M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$5.91M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$5.71M |
| 5 |
BlackRock
New York
|
-$5.12M |
LGIH Hedge Fund Activity: Q1 2023 in Review
207 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q1 2023, worth a combined $2.51B — up 30% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new LGIH positions and 27 closed out — a net gain of 1 holder — while 69 added to existing stakes and 75 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $34.6M. The largest seller was Capital International Investors, exiting entirely with an estimated $55.1M sold.
- 207 institutional investors held LGI Homes (LGIH) as of Q1 2023, down from 209 in Q4 2022.
- Funds reported $2.51B of LGI Homes stock for Q1 2023, up 30% quarter-over-quarter.
- 28 funds opened new LGI Homes positions in Q1 2023 and 27 closed out, a net change of +1 holder.
- The largest LGI Homes buyer in Q1 2023 was Citadel Advisors, an estimated $34.6M added.
- The largest LGI Homes seller in Q1 2023 was Capital International Investors, an estimated $55.1M sold.
Based on aggregated 13F filings for Q1 2023.