M/I Homes
105 hedge funds and large institutions have $574M invested in M/I Homes in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 34 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
21% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 34
3.03% more ownership
Funds ownership: 101.79% → 104.82% (+3%)
2% more funds holding
Funds holding: 103 → 105 (+2)
0% less call options, than puts
Call options by funds: $714K | Put options by funds: $717K
9% less capital invested
Capital invested by funds: $630M → $574M (-$56.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$10.3M |
| 2 |
RA
Royce & Associates
New York
|
+$9.91M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$7.95M |
| 4 |
Millennium Management
New York
|
+$5.44M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$19.4M |
| 2 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
-$9.34M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.29M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$2.65M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$2.52M |
MHO Hedge Fund Activity: Q1 2014 in Review
105 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q1 2014, worth a combined $574M — down 9% from $630M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MHO positions and 11 closed out — a net gain of 3 holders — while 41 added to existing stakes and 34 trimmed.
The largest buyer was Thompson Siegel & Walmsley, opening a new position worth an estimated $10.3M. The largest seller was Bank of New York Mellon, cutting an estimated $19.4M.
- 105 institutional investors held M/I Homes (MHO) as of Q1 2014, up from 103 in Q4 2013.
- Funds reported $574M of M/I Homes stock for Q1 2014, down 9% quarter-over-quarter.
- 14 funds opened new M/I Homes positions in Q1 2014 and 11 closed out, a net change of +3 holders.
- The largest M/I Homes buyer in Q1 2014 was Thompson Siegel & Walmsley, an estimated $10.3M added.
- The largest M/I Homes seller in Q1 2014 was Bank of New York Mellon, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2014.