Meritage Homes
257 hedge funds and large institutions have $2.82B invested in Meritage Homes in 2020 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 74 increasing their positions, 98 reducing their positions, and 32 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
114% more call options, than puts
Call options by funds: $12M | Put options by funds: $5.59M
107% more capital invested
Capital invested by funds: $1.36B → $2.82B (+$1.46B)
78% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 32
9% more funds holding
Funds holding: 235 → 257 (+22)
1.47% less ownership
Funds ownership: 198.46% → 196.98% (-1.5%)
24% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$25.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.5M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$13M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$12.7M |
| 5 |
Goldman Sachs
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$27.4M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$14.9M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$12.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.44M |
MTH Hedge Fund Activity: Q2 2020 in Review
257 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q2 2020, worth a combined $2.82B — up 107% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new MTH positions and 32 closed out — a net gain of 25 holders — while 74 added to existing stakes and 98 trimmed.
The largest buyer was Echo Street Capital Management, adding an estimated $25.8M. The largest seller was Millennium Management, cutting an estimated $27.4M.
- 257 institutional investors held Meritage Homes (MTH) as of Q2 2020, up from 235 in Q1 2020.
- Funds reported $2.82B of Meritage Homes stock for Q2 2020, up 107% quarter-over-quarter.
- 57 funds opened new Meritage Homes positions in Q2 2020 and 32 closed out, a net change of +25 holders.
- The largest Meritage Homes buyer in Q2 2020 was Echo Street Capital Management, an estimated $25.8M added.
- The largest Meritage Homes seller in Q2 2020 was Millennium Management, an estimated $27.4M sold.
Based on aggregated 13F filings for Q2 2020.