M/I Homes
103 hedge funds and large institutions have $630M invested in M/I Homes in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 15 closing their positions.
525% more call options, than puts
Call options by funds: $2.63M | Put options by funds: $420K
25% more capital invested
Capital invested by funds: $504M → $630M (+$126M)
1.29% more ownership
Funds ownership: 100.5% → 101.79% (+1.3%)
2% less funds holding
Funds holding: 105 → 103 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
14% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 42
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$30M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$11.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.05M |
| 4 |
Goldman Sachs
New York
|
+$4.68M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$4.33M |
Top Sellers
| 1 |
ZDA
Zweig-DiMenna Associates
New York
|
-$14.4M |
| 2 |
State Street
Boston,
Massachusetts
|
-$13.7M |
| 3 |
FIM
Foresters Investment Management
New York
|
-$7.57M |
| 4 |
SH
Scepter Holdings
Fort Worth,
Texas
|
-$7.56M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.28M |
MHO Hedge Fund Activity: Q4 2013 in Review
103 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q4 2013, worth a combined $630M — up 25% from $504M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MHO and 13 opened new positions — a net loss of 2 holders — while 42 trimmed existing stakes and 36 added.
The largest buyer was Wellington Management Group, adding an estimated $30M. The largest seller was Zweig-DiMenna Associates, exiting entirely with an estimated $14.4M sold.
- 103 institutional investors held M/I Homes (MHO) as of Q4 2013, down from 105 in Q3 2013.
- Funds reported $630M of M/I Homes stock for Q4 2013, up 25% quarter-over-quarter.
- 13 funds opened new M/I Homes positions in Q4 2013 and 15 closed out, a net change of -2 holders.
- The largest M/I Homes buyer in Q4 2013 was Wellington Management Group, an estimated $30M added.
- The largest M/I Homes seller in Q4 2013 was Zweig-DiMenna Associates, an estimated $14.4M sold.
Based on aggregated 13F filings for Q4 2013.