Meritage Homes
199 hedge funds and large institutions have $1.56B invested in Meritage Homes in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 74 increasing their positions, 63 reducing their positions, and 35 closing their positions.
19% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $1.34M
17% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 63
3.93% more ownership
Funds ownership: 187.87% → 191.81% (+3.9%)
7% less funds holding
Funds holding: 213 → 199 (-14)
7% less capital invested
Capital invested by funds: $1.68B → $1.56B (-$122M)
34% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$30.6M |
| 2 |
RP
RR Partners
New York
|
+$27.3M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$19.6M |
| 4 |
Goldman Sachs
New York
|
+$12.4M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$65.3M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$6.13M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$5.7M |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
-$5.58M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$4.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KAS
226
Kemnay Advisory Services
New York
| – | -$33K | -1,484 | Closed |
|
227
Simplex Trading
Chicago,
Illinois
| – | -$19.6K | -898 | Closed |
|
|
GT
228
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$13K | -596 | Closed |
|
229
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$11K | -518 | Closed |
|
|
PH
230
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$4.39K | -200 | Closed |
|
|
SPIA
231
Steward Partners Investment Advisory
New York
| – | -$1K | -62 | Closed |
|
|
CAG
232
Csenge Advisory Group
Clearwater,
Florida
| – | +$392 | +18 | New |
|
MTH Hedge Fund Activity: Q3 2018 in Review
199 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2018, worth a combined $1.56B — down 7.3% from $1.68B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of MTH and 23 opened new positions — a net loss of 12 holders — while 63 trimmed existing stakes and 74 added.
The largest buyer was Long Pond Capital, opening a new position worth an estimated $30.6M. The largest seller was Millennium Management, exiting entirely with an estimated $65.3M sold.
- 199 institutional investors held Meritage Homes (MTH) as of Q3 2018, down from 213 in Q2 2018.
- Funds reported $1.56B of Meritage Homes stock for Q3 2018, down 7.3% quarter-over-quarter.
- 23 funds opened new Meritage Homes positions in Q3 2018 and 35 closed out, a net change of -12 holders.
- The largest Meritage Homes buyer in Q3 2018 was Long Pond Capital, an estimated $30.6M added.
- The largest Meritage Homes seller in Q3 2018 was Millennium Management, an estimated $65.3M sold.
Based on aggregated 13F filings for Q3 2018.