M/I Homes
160 hedge funds and large institutions have $709M invested in M/I Homes in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 68 increasing their positions, 52 reducing their positions, and 21 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 52
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.87% less ownership
Funds ownership: 98.58% → 93.71% (-4.9%)
8% less funds holding
Funds holding: 174 → 160 (-14)
19% less capital invested
Capital invested by funds: $875M → $709M (-$166M)
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $400K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gratia Capital
Los Angeles,
California
|
+$15.8M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$8.79M |
| 3 |
Goldman Sachs
New York
|
+$8.57M |
| 4 |
BlackRock
New York
|
+$6.46M |
| 5 |
Morgan Stanley
New York
|
+$5.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$9.78M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$7.57M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$7.11M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$6.32M |
| 5 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$5.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
176
Jefferies Group
New York
| – | -$211K | -6,617 | Closed |
|
|
HC
177
Hamilton Capital
Columbus,
Ohio
| – | -$206K | -6,457 | Closed |
|
178
Simplex Trading
Chicago,
Illinois
| – | -$111K | -3,487 | Closed |
|
179
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$87K | -2,721 | Closed |
|
|
IWM
180
IHT Wealth Management
Chicago,
Illinois
| – | -$20K | -670 | Closed |
|
|
OIA
181
Optimum Investment Advisors
Chicago,
Illinois
| – | -$16K | -500 | Closed |
|
MHO Hedge Fund Activity: Q2 2018 in Review
160 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q2 2018, worth a combined $709M — down 19% from $875M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MHO and 10 opened new positions — a net loss of 11 holders — while 52 trimmed existing stakes and 68 added.
The largest buyer was Gratia Capital, opening a new position worth an estimated $15.8M. The largest seller was Teachers Advisors, cutting an estimated $9.78M.
- 160 institutional investors held M/I Homes (MHO) as of Q2 2018, down from 174 in Q1 2018.
- Funds reported $709M of M/I Homes stock for Q2 2018, down 19% quarter-over-quarter.
- 10 funds opened new M/I Homes positions in Q2 2018 and 21 closed out, a net change of -11 holders.
- The largest M/I Homes buyer in Q2 2018 was Gratia Capital, an estimated $15.8M added.
- The largest M/I Homes seller in Q2 2018 was Teachers Advisors, an estimated $9.78M sold.
Based on aggregated 13F filings for Q2 2018.