M/I Homes
161 hedge funds and large institutions have $704M invested in M/I Homes in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 63 increasing their positions, 49 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 49
0.59% less ownership
Funds ownership: 105.4% → 104.82% (-0.59%)
4% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 26
3% less funds holding
Funds holding: 166 → 161 (-5)
6% less capital invested
Capital invested by funds: $746M → $704M (-$42.6M)
25% less call options, than puts
Call options by funds: $518K | Put options by funds: $690K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$18.4M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$4.68M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
+$4.12M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.75M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$10.6M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.52M |
| 3 |
Renaissance Technologies
New York
|
-$4.52M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$4.11M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
CIBC World Market
Toronto,
Ontario, Canada
| – | -$253K | -8,877 | Closed |
|
|
OAM
177
Oxford Asset Management
Oxford,
United Kingdom
| – | -$247K | -8,666 | Closed |
|
|
QC
178
Quadrature Capital
London,
United Kingdom
| – | -$219K | -7,655 | Closed |
|
|
CIM
179
CIM Investment Management
Pittsburgh,
Pennsylvania
| – | -$213K | -7,472 | Closed |
|
|
WAM
180
Wolverine Asset Management
Chicago,
Illinois
| – | -$140K | -4,921 | Closed |
|
|
AIM
181
Acrospire Investment Management
Chicago,
Illinois
| – | -$88K | -3,078 | Closed |
|
|
PCM
182
Prelude Capital Management
New York
| – | -$69K | -2,400 | Closed |
|
183
Creative Planning
Overland Park,
Kansas
| – | -$65K | -2,281 | Closed |
|
184
Walleye Trading
New York
| – | -$54 | -1,886 | Closed |
|
185
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$23K | -812 | Closed |
|
|
PAM
186
Panagora Asset Management
Boston,
Massachusetts
| – | -$11K | -376 | Closed |
|
MHO Hedge Fund Activity: Q3 2017 in Review
161 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q3 2017, worth a combined $704M — down 5.7% from $746M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of MHO and 25 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 63 added.
The largest buyer was Donald Smith & Co, adding an estimated $18.4M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $10.6M sold.
- 161 institutional investors held M/I Homes (MHO) as of Q3 2017, down from 166 in Q2 2017.
- Funds reported $704M of M/I Homes stock for Q3 2017, down 5.7% quarter-over-quarter.
- 25 funds opened new M/I Homes positions in Q3 2017 and 26 closed out, a net change of -1 holder.
- The largest M/I Homes buyer in Q3 2017 was Donald Smith & Co, an estimated $18.4M added.
- The largest M/I Homes seller in Q3 2017 was Hotchkis & Wiley Capital Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2017.