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Meritage Homes

152 hedge funds and large institutions have $1.54B invested in Meritage Homes in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 61 increasing their positions, 43 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

386% more call options, than puts

Call options by funds: $36.2M | Put options by funds: $7.45M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

42% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 43

16% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 25

15% more capital invested

Capital invested by funds: $1.34B → $1.54B (+$205M)

5.4% more ownership

Funds ownership: 172.39%177.79% (+5.4%)

2% more funds holding

Funds holding: 149152 (+3)

Holders
152
Holders Change
+3
Holders Change %
+2.01%
% of All Funds
4.41%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
29
Increased
61
Reduced
43
Closed
25
Calls
$36.2M
Puts
$7.45M
Net Calls
+$28.7M
Net Calls Change
+$25.1M
Name Holding Trade Value Shares
Change
Change in
Stake
RIM
26
Ranger Investment Management
Texas
$13M +$11.7M +541,012 New
AWCI
27
Alpine Woods Capital Investors
New York
$11.8M +$217K +10,000 +2%
EMFAT
28
Emerald Mutual Fund Advisers Trust
Pennsylvania
$11M +$3.77M +174,062 +61%
UBS AM
29
UBS AM
Illinois
$10.8M +$1.79M +82,730 +23%
Principal Financial Group
30
Principal Financial Group
Iowa
$10.1M +$594K +27,412 +7%
N
31
Nuveen
North Carolina
$9.73M +$1.09M +50,524 +14%
Ameriprise
32
Ameriprise
Minnesota
$9.68M +$249K +11,490 +3%
First Trust Advisors
33
First Trust Advisors
Illinois
$9.54M -$432K -19,934 -5%
WCM Investment Management
34
WCM Investment Management
California
$9.24M -$781K -36,066 -9%
PCMI
35
Paradigm Capital Management Inc
New York
$8.61M -$766K -35,350 -9%
EA
36
Emerald Advisers
Pennsylvania
$8.41M -$3.04M -140,374 -29%
Geode Capital Management
37
Geode Capital Management
Massachusetts
$8.38M +$510K +23,530 +7%
GIM
38
Granahan Investment Management
Massachusetts
$8.37M
FMA
39
Fiduciary Management Associates
Illinois
$8.04M -$139K -6,420 -2%
Wells Fargo
40
Wells Fargo
California
$7.54M +$2.15M +99,056 +46%
TCIM
41
TIAA CREF Investment Management
New York
$7.51M -$37.3K -1,722 -0.5%
GF
42
Gabelli Funds
New York
$7.44M
RA
43
Royce & Associates
New York
$6.98M +$888K +41,000 +16%
Bank of America
44
Bank of America
North Carolina
$6.45M +$323K +14,920 +6%
Morgan Stanley
45
Morgan Stanley
New York
$6.44M +$4.32M +199,340 +289%
MSA
46
Mason Street Advisors
Wisconsin
$6.12M +$5.3M +244,828 +2,446%
BIM
47
BlackRock Investment Management
Delaware
$5.86M -$105K -4,830 -2%
LBIM
48
Land & Buildings Investment Management
Connecticut
$5.52M +$1.3M +59,936 +30%
Millennium Management
49
Millennium Management
New York
$5.15M +$3.58M +165,324 +335%
ICM
50
IronBridge Capital Management
Illinois
$5.07M -$459K -21,190 -9%

MTH Hedge Fund Activity: Q4 2013 in Review

152 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2013, worth a combined $1.54B — up 15% from $1.34B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new MTH positions and 25 closed out — a net gain of 4 holders — while 61 added to existing stakes and 43 trimmed.

The largest buyer was EARNEST Partners, opening a new position worth an estimated $79.5M. The largest seller was Columbus Circle Investors, exiting entirely with an estimated $23.6M sold.

  • 152 institutional investors held Meritage Homes (MTH) as of Q4 2013, up from 149 in Q3 2013.
  • Funds reported $1.54B of Meritage Homes stock for Q4 2013, up 15% quarter-over-quarter.
  • 29 funds opened new Meritage Homes positions in Q4 2013 and 25 closed out, a net change of +4 holders.
  • The largest Meritage Homes buyer in Q4 2013 was EARNEST Partners, an estimated $79.5M added.
  • The largest Meritage Homes seller in Q4 2013 was Columbus Circle Investors, an estimated $23.6M sold.

Based on aggregated 13F filings for Q4 2013.