M/I Homes
102 hedge funds and large institutions have $518M invested in M/I Homes in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 36 increasing their positions, 47 reducing their positions, and 12 closing their positions.
1.51% more ownership
Funds ownership: 105.28% → 106.8% (+1.5%)
7% less funds holding
Funds holding: 110 → 102 (-8)
17% less capital invested
Capital invested by funds: $625M → $518M (-$107M)
23% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 47
40% less call options, than puts
Call options by funds: $395K | Put options by funds: $653K
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SH
Scepter Holdings
Fort Worth,
Texas
|
+$11M |
| 2 |
GC
Gratia Capital
Los Angeles,
California
|
+$9.81M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$6.66M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$3.29M |
| 5 |
CP
Covalent Partners
Concord,
Massachusetts
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.07M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$7.96M |
| 3 |
State Street
Boston,
Massachusetts
|
-$5.24M |
| 4 |
Millennium Management
New York
|
-$1.31M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$932K |
MHO Hedge Fund Activity: Q3 2014 in Review
102 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q3 2014, worth a combined $518M — down 17% from $625M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MHO and 4 opened new positions — a net loss of 8 holders — while 47 trimmed existing stakes and 36 added.
The largest buyer was Scepter Holdings, adding an estimated $11M. The largest seller was Wellington Management Group, cutting an estimated $9.07M.
- 102 institutional investors held M/I Homes (MHO) as of Q3 2014, down from 110 in Q2 2014.
- Funds reported $518M of M/I Homes stock for Q3 2014, down 17% quarter-over-quarter.
- 4 funds opened new M/I Homes positions in Q3 2014 and 12 closed out, a net change of -8 holders.
- The largest M/I Homes buyer in Q3 2014 was Scepter Holdings, an estimated $11M added.
- The largest M/I Homes seller in Q3 2014 was Wellington Management Group, an estimated $9.07M sold.
Based on aggregated 13F filings for Q3 2014.