Meritage Homes
348 hedge funds and large institutions have $4.4B invested in Meritage Homes in 2023 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 113 increasing their positions, 130 reducing their positions, and 42 closing their positions.
36% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 42
4% more funds holding
Funds holding: 336 → 348 (+12)
8.49% less ownership
Funds ownership: 203.25% → 194.77% (-8.5%)
13% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 130
17% less capital invested
Capital invested by funds: $5.29B → $4.4B (-$884M)
50% less call options, than puts
Call options by funds: $14.2M | Put options by funds: $28.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$24.2M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$22.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$20.1M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$34.4M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
-$30.2M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$27.5M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$23.5M |
| 5 |
BlackRock
New York
|
-$23.2M |
MTH Hedge Fund Activity: Q3 2023 in Review
348 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2023, worth a combined $4.4B — down 17% from $5.29B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new MTH positions and 42 closed out — a net gain of 15 holders — while 113 added to existing stakes and 130 trimmed.
The largest buyer was Artemis Investment Management, opening a new position worth an estimated $24.2M. The largest seller was Victory Capital Management, cutting an estimated $34.4M.
- 348 institutional investors held Meritage Homes (MTH) as of Q3 2023, up from 336 in Q2 2023.
- Funds reported $4.4B of Meritage Homes stock for Q3 2023, down 17% quarter-over-quarter.
- 57 funds opened new Meritage Homes positions in Q3 2023 and 42 closed out, a net change of +15 holders.
- The largest Meritage Homes buyer in Q3 2023 was Artemis Investment Management, an estimated $24.2M added.
- The largest Meritage Homes seller in Q3 2023 was Victory Capital Management, an estimated $34.4M sold.
Based on aggregated 13F filings for Q3 2023.