M/I Homes
143 hedge funds and large institutions have $613M invested in M/I Homes in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 9 closing their positions.
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
6% more funds holding
Funds holding: 135 → 143 (+8)
0.05% more ownership
Funds ownership: 101.01% → 101.06% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $627M → $613M (-$14.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$87.4M |
| 2 |
Millennium Management
New York
|
+$6.91M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$6.57M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.79M |
| 5 |
GC
Gratia Capital
Los Angeles,
California
|
+$4.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$8.91M |
| 3 |
Goldman Sachs
New York
|
-$5.89M |
| 4 |
ECM
Element Capital Management
New York
|
-$3.83M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$3.58M |
MHO Hedge Fund Activity: Q1 2017 in Review
143 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q1 2017, worth a combined $613M — down 2.3% from $627M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new MHO positions and 9 closed out — a net gain of 16 holders — while 52 added to existing stakes and 45 trimmed.
The largest buyer was BlackRock, adding an estimated $87.4M. The largest seller was Fidelity Investments, cutting an estimated $10.8M.
- 143 institutional investors held M/I Homes (MHO) as of Q1 2017, up from 135 in Q4 2016.
- Funds reported $613M of M/I Homes stock for Q1 2017, down 2.3% quarter-over-quarter.
- 25 funds opened new M/I Homes positions in Q1 2017 and 9 closed out, a net change of +16 holders.
- The largest M/I Homes buyer in Q1 2017 was BlackRock, an estimated $87.4M added.
- The largest M/I Homes seller in Q1 2017 was Fidelity Investments, an estimated $10.8M sold.
Based on aggregated 13F filings for Q1 2017.