LGI Homes
LGIH
240 hedge funds and large institutions have $2.09B invested in LGI Homes in 2023 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 68 increasing their positions, 84 reducing their positions, and 24 closing their positions.
75% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 24
7% more funds holding
Funds holding: 224 → 240 (+16)
1.84% less ownership
Funds ownership: 90.59% → 88.75% (-1.8%)
19% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 84
21% less call options, than puts
Call options by funds: $12.5M | Put options by funds: $15.7M
27% less capital invested
Capital invested by funds: $2.87B → $2.09B (-$788M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$10.6M |
| 2 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
+$10.3M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
+$9.75M |
| 4 |
Millennium Management
New York
|
+$8.21M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.8M |
| 2 |
ACM
Anomaly Capital Management
New York
|
-$24.5M |
| 3 |
Goldman Sachs
New York
|
-$23.4M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$16.9M |
| 5 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$13.3M |
LGIH Hedge Fund Activity: Q3 2023 in Review
240 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in LGI Homes (LGIH) for Q3 2023, worth a combined $2.09B — down 27% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new LGIH positions and 24 closed out — a net gain of 18 holders — while 68 added to existing stakes and 84 trimmed.
The largest buyer was Barclays, adding an estimated $10.6M. The largest seller was Fidelity Investments, cutting an estimated $27.8M.
- 240 institutional investors held LGI Homes (LGIH) as of Q3 2023, up from 224 in Q2 2023.
- Funds reported $2.09B of LGI Homes stock for Q3 2023, down 27% quarter-over-quarter.
- 42 funds opened new LGI Homes positions in Q3 2023 and 24 closed out, a net change of +18 holders.
- The largest LGI Homes buyer in Q3 2023 was Barclays, an estimated $10.6M added.
- The largest LGI Homes seller in Q3 2023 was Fidelity Investments, an estimated $27.8M sold.
Based on aggregated 13F filings for Q3 2023.