M/I Homes
125 hedge funds and large institutions have $464M invested in M/I Homes in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 35 reducing their positions, and 16 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 35
25% more call options, than puts
Call options by funds: $234K | Put options by funds: $187K
0% more funds holding
Funds holding: 125 → 125 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1.79% less ownership
Funds ownership: 103.3% → 101.52% (-1.8%)
17% less capital invested
Capital invested by funds: $558M → $464M (-$93.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.71M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$4.28M |
| 3 |
Morgan Stanley
New York
|
+$2.48M |
| 4 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$2.04M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$7.39M |
| 2 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$6.34M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
-$4.98M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.34M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$2.79M |
MHO Hedge Fund Activity: Q1 2016 in Review
125 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q1 2016, worth a combined $464M — down 17% from $558M a quarter earlier.
Fund positioning in MHO was balanced in Q1 2016: 16 funds opened new positions, 16 closed out, 53 added to existing stakes and 35 trimmed.
The largest buyer was Millennium Management, adding an estimated $5.71M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $7.39M sold.
- 125 institutional investors held M/I Homes (MHO) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $464M of M/I Homes stock for Q1 2016, down 17% quarter-over-quarter.
- 16 funds opened new M/I Homes positions in Q1 2016 and 16 closed out, a net change of 0 holders.
- The largest M/I Homes buyer in Q1 2016 was Millennium Management, an estimated $5.71M added.
- The largest M/I Homes seller in Q1 2016 was Waddell & Reed Financial, an estimated $7.39M sold.
Based on aggregated 13F filings for Q1 2016.