LGI Homes
LGIH
224 hedge funds and large institutions have $2.87B invested in LGI Homes in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 62 increasing their positions, 82 reducing their positions, and 19 closing their positions.
95% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 19
44% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $10.3M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
15% more capital invested
Capital invested by funds: $2.51B → $2.87B (+$367M)
8% more funds holding
Funds holding: 207 → 224 (+17)
3.62% less ownership
Funds ownership: 94.21% → 90.59% (-3.6%)
24% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$22.8M |
| 2 |
ACM
Anomaly Capital Management
New York
|
+$21.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$6.56M |
| 5 |
Man Group
London,
United Kingdom
|
+$5.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$32.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.2M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$22.3M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$15.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$14.7M |
LGIH Hedge Fund Activity: Q2 2023 in Review
224 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q2 2023, worth a combined $2.87B — up 15% from $2.51B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new LGIH positions and 19 closed out — a net gain of 18 holders — while 62 added to existing stakes and 82 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $22.8M. The largest seller was Platinum Investment Management, exiting entirely with an estimated $32.4M sold.
- 224 institutional investors held LGI Homes (LGIH) as of Q2 2023, up from 207 in Q1 2023.
- Funds reported $2.87B of LGI Homes stock for Q2 2023, up 15% quarter-over-quarter.
- 37 funds opened new LGI Homes positions in Q2 2023 and 19 closed out, a net change of +18 holders.
- The largest LGI Homes buyer in Q2 2023 was Goldman Sachs, an estimated $22.8M added.
- The largest LGI Homes seller in Q2 2023 was Platinum Investment Management, an estimated $32.4M sold.
Based on aggregated 13F filings for Q2 2023.