Meritage Homes
370 hedge funds and large institutions have $6.29B invested in Meritage Homes in 2023 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 127 increasing their positions, 140 reducing their positions, and 41 closing their positions.
66% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 41
43% more capital invested
Capital invested by funds: $4.4B → $6.29B (+$1.89B)
6% more funds holding
Funds holding: 348 → 370 (+22)
3.48% more ownership
Funds ownership: 194.77% → 198.25% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 140
26% less call options, than puts
Call options by funds: $14.5M | Put options by funds: $19.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$65.2M |
| 2 |
Morgan Stanley
New York
|
+$56.4M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$34.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$22.5M |
| 5 |
Man Group
London,
United Kingdom
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$52M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$38.3M |
| 3 |
Millennium Management
New York
|
-$30.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$21.4M |
| 5 |
Renaissance Technologies
New York
|
-$21.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PRC
401
Pearl River Capital
Niles,
Michigan
| – | -$320K | -5,232 | Closed |
|
|
ECM
402
ExodusPoint Capital Management
New York
| – | -$273K | -4,468 | Closed |
|
|
MM
403
MQS Management
New York
| – | -$267K | -4,356 | Closed |
|
404
Marshall Wace
London,
United Kingdom
| – | -$256K | -4,190 | Closed |
|
|
GHA
405
GW Henssler & Associates
Kennesaw,
Georgia
| – | -$209K | -3,416 | Closed |
|
|
HIIFS
406
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$22K | -350 | Closed |
|
|
SWM
407
Sugarloaf Wealth Management
Duluth,
Georgia
| – | -$1.59K | -26 | Closed |
|
|
AW
408
Avion Wealth
The Woodlands,
Texas
| – | -$1K | -18 | Closed |
|
409
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$979 | -16 | Closed |
|
|
TWP
410
TFO Wealth Partners
Maumee,
Ohio
| – | -$854 | -12 | Closed |
|
|
UFF
411
USA Financial Formulas
Ada,
Michigan
| – | -$367 | -6 | Closed |
|
MTH Hedge Fund Activity: Q4 2023 in Review
370 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2023, worth a combined $6.29B — up 43% from $4.4B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new MTH positions and 41 closed out — a net gain of 27 holders — while 127 added to existing stakes and 140 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $65.2M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $52M sold.
- 370 institutional investors held Meritage Homes (MTH) as of Q4 2023, up from 348 in Q3 2023.
- Funds reported $6.29B of Meritage Homes stock for Q4 2023, up 43% quarter-over-quarter.
- 68 funds opened new Meritage Homes positions in Q4 2023 and 41 closed out, a net change of +27 holders.
- The largest Meritage Homes buyer in Q4 2023 was Citadel Advisors, an estimated $65.2M added.
- The largest Meritage Homes seller in Q4 2023 was Echo Street Capital Management, an estimated $52M sold.
Based on aggregated 13F filings for Q4 2023.