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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.

New
Increased
Maintained
Reduced
Closed

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: 22 (0)

4.87% less ownership

Funds ownership: 98.58%93.71% (-4.9%)

8% less funds holding

Funds holding: 174160 (-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

Holders
160
Holders Change
-14
Holders Change %
-8.05%
% of All Funds
3.66%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
10
Increased
68
Reduced
52
Closed
21
Calls
Puts
$400K
Net Calls
-$400K
Net Calls Change
-$863K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$114M +$6.46M +216,879 +5%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$54.7M -$765K -25,688 -1%
DSC
3
Donald Smith & Co
New York
$50.6M -$4.75M -159,483 -8%
Vanguard Group
4
Vanguard Group
Pennsylvania
$42.1M +$1.83M +61,438 +4%
Millennium Management
5
Millennium Management
New York
$39.8M +$3.55M +119,034 +9%
Franklin Resources
6
Franklin Resources
California
$37.4M -$7.11M -238,546 -14%
N
7
Nuveen
North Carolina
$33M +$8.79M +294,830 +31%
Goldman Sachs
8
Goldman Sachs
New York
$28M +$8.57M +287,605 +37%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$25.5M -$799K -26,814 -3%
State Street
10
State Street
Massachusetts
$23.4M +$1.1M +36,967 +4%
BCM
11
Basswood Capital Management
New York
$15.9M +$3.25M +108,966 +22%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$14.3M +$99.9K +3,352 +0.6%
GC
13
Gratia Capital
California
$14.1M +$15.8M +531,106 New
RA
14
Royce & Associates
New York
$11.4M +$2.18M +73,000 +20%
CAM
15
ClariVest Asset Management
California
$9.99M -$1.83M -61,424 -14%
Northern Trust
16
Northern Trust
Illinois
$9.31M +$460K +15,435 +5%
Morgan Stanley
17
Morgan Stanley
New York
$8.64M +$5.98M +200,705 +160%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$6.81M +$848K +28,466 +12%
Renaissance Technologies
19
Renaissance Technologies
New York
$6.71M -$5.74M -192,600 -43%
FP
20
Foundry Partners
Minnesota
$6.66M +$661K +22,179 +10%
Ameriprise
21
Ameriprise
Minnesota
$6.64M +$872K +29,252 +13%
Nordea Investment Management
22
Nordea Investment Management
Sweden
$6.49M -$101K -3,400 -1%
LSV Asset Management
23
LSV Asset Management
Illinois
$6.31M
Principal Financial Group
24
Principal Financial Group
Iowa
$5.93M +$267K +8,968 +4%
Charles Schwab
25
Charles Schwab
California
$5.84M +$602K +20,202 +10%

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.