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M/I Homes

105 hedge funds and large institutions have $504M invested in M/I Homes in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 42 increasing their positions, 37 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

261% more call options, than puts

Call options by funds: $2.06M | Put options by funds: $571K

14% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 37

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.27% less ownership

Funds ownership: 101.76%100.5% (-1.3%)

2% less funds holding

Funds holding: 107105 (-2)

10% less capital invested

Capital invested by funds: $563M → $504M (-$58.8M)

14% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 14

Holders
105
Holders Change
-2
Holders Change %
-1.87%
% of All Funds
3.4%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
12
Increased
42
Reduced
37
Closed
14
Calls
$2.06M
Puts
$571K
Net Calls
+$1.49M
Net Calls Change
+$954K
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$49.5M -$610K -29,063 -1%
State Street
2
State Street
Massachusetts
$43.1M -$22.5M -1,073,786 -34%
Franklin Resources
3
Franklin Resources
California
$41.5M +$7.64M +364,065 +22%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$31.6M +$2.89M +137,660 +10%
Goldman Sachs
5
Goldman Sachs
New York
$24M +$10.3M +490,909 +73%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$23.2M -$381K -18,161 -2%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$22.1M +$2.69M +128,260 +14%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$19.6M +$2.35M +111,708 +13%
Vanguard Group
9
Vanguard Group
Pennsylvania
$15.7M +$260K +12,396 +2%
WC
10
Walthausen & Co
New York
$15.5M +$3.27M +155,540 +26%
BIT
11
BlackRock Institutional Trust
California
$14.7M +$58.7K +2,796 +0.4%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$14.5M -$8.83M -420,737 -37%
ZDA
13
Zweig-DiMenna Associates
New York
$14.4M -$7.59M -361,424 -34%
EIP
14
Epoch Investment Partners
New York
$14M +$14.3M +680,777 New
SH
15
Scepter Holdings
Texas
$12.8M +$5.33M +253,937 +70%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$11.7M +$11.9M +566,662 +55,123%
DSC
17
Donald Smith & Co
New York
$9.37M -$294K -14,004 -3%
NCGI
18
Next Century Growth Investors
Minnesota
$8.95M -$1.27M -60,300 -12%
PCMI
19
Paradigm Capital Management Inc
New York
$8.34M -$5.63M -268,186 -40%
AGCJ
20
Alden Global Capital (Jersey)
Jersey
$8.25M +$8.4M +400,000 New
FIM
21
Foresters Investment Management
New York
$7.57M +$7.7M +367,000 New
Northern Trust
22
Northern Trust
Illinois
$7.17M +$80K +3,812 +1%
Millennium Management
23
Millennium Management
New York
$6.42M -$909K -43,320 -12%
WSA
24
Wall Street Associates
California
$6.17M -$56.7K -2,700 -0.9%
PI
25
Putnam Investments
Massachusetts
$5.28M -$103K -4,900 -2%

MHO Hedge Fund Activity: Q3 2013 in Review

105 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q3 2013, worth a combined $504M — down 10% from $563M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of MHO and 12 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 42 added.

The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $14.3M. The largest seller was State Street, cutting an estimated $22.5M.

  • 105 institutional investors held M/I Homes (MHO) as of Q3 2013, down from 107 in Q2 2013.
  • Funds reported $504M of M/I Homes stock for Q3 2013, down 10% quarter-over-quarter.
  • 12 funds opened new M/I Homes positions in Q3 2013 and 14 closed out, a net change of -2 holders.
  • The largest M/I Homes buyer in Q3 2013 was Epoch Investment Partners, an estimated $14.3M added.
  • The largest M/I Homes seller in Q3 2013 was State Street, an estimated $22.5M sold.

Based on aggregated 13F filings for Q3 2013.