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M/I Homes

141 hedge funds and large institutions have $606M invested in M/I Homes in 2015 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 39 increasing their positions, 45 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 5

27% more funds holding

Funds holding: 111141 (+30)

1.14% less ownership

Funds ownership: 105.93%104.8% (-1.1%)

5% less capital invested

Capital invested by funds: $640M → $606M (-$34.1M)

13% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 45

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

35% less call options, than puts

Call options by funds: $329K | Put options by funds: $509K

Holders
141
Holders Change
+30
Holders Change %
+27.03%
% of All Funds
3.94%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
35
Increased
39
Reduced
45
Closed
5
Calls
$329K
Puts
$509K
Net Calls
-$180K
Net Calls Change
+$64K
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$85M -$5.87M -236,492 -6%
BFA
2
BlackRock Fund Advisors
California
$54.8M -$2.47M -99,354 -4%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$49.1M +$2.83M +114,178 +6%
Hotchkis & Wiley Capital Management
4
Hotchkis & Wiley Capital Management
California
$28.2M -$9.29M -374,148 -24%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$27.5M -$1.89M -76,284 -6%
GC
6
Gratia Capital
California
$26.9M +$10.6M +428,134 +60%
State Street
7
State Street
Massachusetts
$25.9M -$1.09M -43,735 -4%
Goldman Sachs
8
Goldman Sachs
New York
$25.4M +$2.25M +90,812 +9%
Vanguard Group
9
Vanguard Group
Pennsylvania
$23M +$758K +30,520 +3%
EIP
10
Epoch Investment Partners
New York
$22M -$56.9K -2,294 -0.2%
WC
11
Walthausen & Co
New York
$18.1M -$1.77M -71,255 -8%
BIT
12
BlackRock Institutional Trust
California
$15.5M -$799K -32,191 -5%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$15.3M -$1.38M -55,623 -8%
RA
14
Royce & Associates
New York
$13.8M -$2.38M -96,000 -14%
TSW
15
Thompson Siegel & Walmsley
Virginia
$10.4M -$133K -5,355 -1%
DSC
16
Donald Smith & Co
New York
$10.3M -$205K -8,243 -2%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$10.1M +$1.04M +42,048 +11%
NGA
18
New Generation Advisors
Massachusetts
$8.18M -$444K -17,895 -5%
Northern Trust
19
Northern Trust
Illinois
$7.52M -$548K -22,076 -6%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$7.3M +$345K +13,900 +5%
WRF
21
Waddell & Reed Financial
Kansas
$7.14M +$7.51M +302,600 New
Millennium Management
22
Millennium Management
New York
$5.29M -$4.93M -198,574 -47%
CP
23
Covalent Partners
Massachusetts
$4.38M -$5.51M -221,926 -54%
Deutsche Bank
24
Deutsche Bank
Germany
$4.29M +$2.1M +84,753 +87%
WSA
25
Wall Street Associates
California
$3.79M -$2.88M -116,200 -42%

MHO Hedge Fund Activity: Q3 2015 in Review

141 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q3 2015, worth a combined $606M — down 5.3% from $640M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new MHO positions and 5 closed out — a net gain of 30 holders — while 39 added to existing stakes and 45 trimmed.

The largest buyer was Gratia Capital, adding an estimated $10.6M. The largest seller was Scepter Holdings, exiting entirely with an estimated $9.9M sold.

  • 141 institutional investors held M/I Homes (MHO) as of Q3 2015, up from 111 in Q2 2015.
  • Funds reported $606M of M/I Homes stock for Q3 2015, down 5.3% quarter-over-quarter.
  • 35 funds opened new M/I Homes positions in Q3 2015 and 5 closed out, a net change of +30 holders.
  • The largest M/I Homes buyer in Q3 2015 was Gratia Capital, an estimated $10.6M added.
  • The largest M/I Homes seller in Q3 2015 was Scepter Holdings, an estimated $9.9M sold.

Based on aggregated 13F filings for Q3 2015.