M/I Homes
149 hedge funds and large institutions have $650M invested in M/I Homes in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 56 increasing their positions, 54 reducing their positions, and 24 closing their positions.
1.44% more ownership
Funds ownership: 93.71% → 95.14% (+1.4%)
4% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 54
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 160 → 149 (-11)
8% less capital invested
Capital invested by funds: $709M → $650M (-$58.4M)
42% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$19.6M |
| 2 |
BlackRock
New York
|
+$13.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$11.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.21M |
| 5 |
DSC
Donald Smith & Co
New York
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$11.6M |
| 3 |
Millennium Management
New York
|
-$10.6M |
| 4 |
Renaissance Technologies
New York
|
-$3.68M |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$2.41M |
MHO Hedge Fund Activity: Q3 2018 in Review
149 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in M/I Homes (MHO) for Q3 2018, worth a combined $650M — down 8.2% from $709M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MHO and 14 opened new positions — a net loss of 10 holders — while 54 trimmed existing stakes and 56 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $19.6M. The largest seller was Wellington Management Group, cutting an estimated $12.9M.
- 149 institutional investors held M/I Homes (MHO) as of Q3 2018, down from 160 in Q2 2018.
- Funds reported $650M of M/I Homes stock for Q3 2018, down 8.2% quarter-over-quarter.
- 14 funds opened new M/I Homes positions in Q3 2018 and 24 closed out, a net change of -10 holders.
- The largest M/I Homes buyer in Q3 2018 was Towle & Co, an estimated $19.6M added.
- The largest M/I Homes seller in Q3 2018 was Wellington Management Group, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2018.