Meritage Homes
205 hedge funds and large institutions have $1.89B invested in Meritage Homes in 2019 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 62 increasing their positions, 72 reducing their positions, and 25 closing their positions.
44% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 25
13% more capital invested
Capital invested by funds: $1.67B → $1.89B (+$221M)
3% more funds holding
Funds holding: 199 → 205 (+6)
8% less call options, than puts
Call options by funds: $1.54M | Put options by funds: $1.67M
2.55% less ownership
Funds ownership: 195.02% → 192.47% (-2.6%)
14% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$11.2M |
| 2 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$9.76M |
| 3 |
JP Morgan Chase
New York
|
+$9.25M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.61M |
| 5 |
MC
Muhlenkamp & Co
Wexford,
Pennsylvania
|
+$5.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$30M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$23.7M |
| 3 |
SDIC
South Dakota Investment Council
Sioux Falls,
South Dakota
|
-$10.2M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$8.03M |
| 5 |
BlackRock
New York
|
-$7.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
226
SignatureFD
Atlanta,
Georgia
| – | -$4K | -200 | Closed |
|
|
DBT
227
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$2K | -78 | Closed |
|
228
Rockefeller Capital Management
New York
| – | -$1K | -58 | Closed |
|
|
WEC
229
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$2K | -28 | Closed |
|
|
FGAM
230
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$101 | -4 | -40% |
|
MTH Hedge Fund Activity: Q2 2019 in Review
205 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q2 2019, worth a combined $1.89B — up 13% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MTH positions and 25 closed out — a net gain of 11 holders — while 62 added to existing stakes and 72 trimmed.
The largest buyer was Nuveen, adding an estimated $11.2M. The largest seller was Goldman Sachs, cutting an estimated $30M.
- 205 institutional investors held Meritage Homes (MTH) as of Q2 2019, up from 199 in Q1 2019.
- Funds reported $1.89B of Meritage Homes stock for Q2 2019, up 13% quarter-over-quarter.
- 36 funds opened new Meritage Homes positions in Q2 2019 and 25 closed out, a net change of +11 holders.
- The largest Meritage Homes buyer in Q2 2019 was Nuveen, an estimated $11.2M added.
- The largest Meritage Homes seller in Q2 2019 was Goldman Sachs, an estimated $30M sold.
Based on aggregated 13F filings for Q2 2019.