M/I Homes
135 hedge funds and large institutions have $627M invested in M/I Homes in 2016 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 51 increasing their positions, 36 reducing their positions, and 18 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 36
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
6% more capital invested
Capital invested by funds: $593M → $627M (+$34.6M)
1% more funds holding
Funds holding: 134 → 135 (+1)
1.46% less ownership
Funds ownership: 102.47% → 101.01% (-1.5%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$7.05M |
| 2 |
TA
Teachers Advisors
New York
|
+$5.82M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.22M |
| 5 |
Renaissance Technologies
New York
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$22.6M |
| 2 |
GC
Gratia Capital
Los Angeles,
California
|
-$9.98M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$9.91M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$7.48M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$3.91M |
MHO Hedge Fund Activity: Q4 2016 in Review
135 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q4 2016, worth a combined $627M — up 5.8% from $593M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MHO positions and 18 closed out — a net gain of 3 holders — while 51 added to existing stakes and 36 trimmed.
The largest buyer was Opus Capital Group, opening a new position worth an estimated $7.05M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $22.6M sold.
- 135 institutional investors held M/I Homes (MHO) as of Q4 2016, up from 134 in Q3 2016.
- Funds reported $627M of M/I Homes stock for Q4 2016, up 5.8% quarter-over-quarter.
- 21 funds opened new M/I Homes positions in Q4 2016 and 18 closed out, a net change of +3 holders.
- The largest M/I Homes buyer in Q4 2016 was Opus Capital Group, an estimated $7.05M added.
- The largest M/I Homes seller in Q4 2016 was Epoch Investment Partners, an estimated $22.6M sold.
Based on aggregated 13F filings for Q4 2016.