Meritage Homes
154 hedge funds and large institutions have $2.15B invested in Meritage Homes in 2015 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 62 increasing their positions, 42 reducing their positions, and 23 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
149% more call options, than puts
Call options by funds: $76.6M | Put options by funds: $30.7M
49% more capital invested
Capital invested by funds: $1.45B → $2.15B (+$706M)
48% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 42
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
17.88% more ownership
Funds ownership: 205.76% → 223.64% (+18%)
4% more funds holding
Funds holding: 148 → 154 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$86M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$50.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$31.5M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$20.6M |
| 5 |
GA
GRS Advisors
Chicago,
Illinois
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
-$32.6M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$19.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$19.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.87M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$6.92M |
MTH Hedge Fund Activity: Q1 2015 in Review
154 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q1 2015, worth a combined $2.15B — up 49% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new MTH positions and 23 closed out — a net gain of 8 holders — while 62 added to existing stakes and 42 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $86M. The largest seller was Assured Investment Management, exiting entirely with an estimated $32.6M sold.
- 154 institutional investors held Meritage Homes (MTH) as of Q1 2015, up from 148 in Q4 2014.
- Funds reported $2.15B of Meritage Homes stock for Q1 2015, up 49% quarter-over-quarter.
- 31 funds opened new Meritage Homes positions in Q1 2015 and 23 closed out, a net change of +8 holders.
- The largest Meritage Homes buyer in Q1 2015 was Fidelity Investments, an estimated $86M added.
- The largest Meritage Homes seller in Q1 2015 was Assured Investment Management, an estimated $32.6M sold.
Based on aggregated 13F filings for Q1 2015.