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Meritage Homes

145 hedge funds and large institutions have $1.58B invested in Meritage Homes in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

16.11% more ownership

Funds ownership: 193.61%209.73% (+16%)

15% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 46

12% more capital invested

Capital invested by funds: $1.41B → $1.58B (+$172M)

5% less funds holding

Funds holding: 153145 (-8)

27% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 22

64% less call options, than puts

Call options by funds: $12.9M | Put options by funds: $35.6M

Holders
145
Holders Change
-8
Holders Change %
-5.23%
% of All Funds
3.87%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
53
Reduced
46
Closed
22
Calls
$12.9M
Puts
$35.6M
Net Calls
-$22.7M
Net Calls Change
+$897K
Name Holding Trade Value Shares
Change
Change in
Stake
Balyasny Asset Management
26
Balyasny Asset Management
Illinois
$11.3M -$11.8M -650,212 -52%
NCGI
27
Next Century Growth Investors
Minnesota
$11M -$2.57M -141,684 -19%
KCM
28
Kennedy Capital Management
Missouri
$10.5M -$365K -20,144 -3%
Principal Financial Group
29
Principal Financial Group
Iowa
$9.83M +$102K +5,640 +1%
Geode Capital Management
30
Geode Capital Management
Massachusetts
$9.22M +$53.9K +2,972 +0.6%
ECM
31
Element Capital Management
New York
$8.59M
JP Morgan Chase
32
JP Morgan Chase
New York
$7.49M +$432K +23,810 +6%
TCIM
33
TIAA CREF Investment Management
New York
$7.28M -$1.01M -55,476 -13%
Ameriprise
34
Ameriprise
Minnesota
$7.24M +$255K +14,070 +4%
BIM
35
BlackRock Investment Management
Delaware
$6.57M +$324K +17,874 +5%
Bank of America
36
Bank of America
North Carolina
$6.56M -$1.13M -62,564 -15%
BGIM
37
Brandywine Global Investment Management
Pennsylvania
$6.33M -$108K -5,940 -2%
Charles Schwab
38
Charles Schwab
California
$6.16M +$549K +30,304 +10%
GF
39
Gabelli Funds
New York
$5.82M
Wells Fargo
40
Wells Fargo
California
$5.11M -$134K -7,408 -3%
DIA
41
Dean Investment Associates
Ohio
$4.58M +$747K +41,200 +20%
PPA
42
Parametric Portfolio Associates
Washington
$3.83M +$1.13M +62,272 +44%
New York State Teachers Retirement System (NYSTRS)
43
New York State Teachers Retirement System (NYSTRS)
New York
$3.54M
Susquehanna International Group
44
Susquehanna International Group
Pennsylvania
$3.34M +$1.29M +71,260 +67%
Millennium Management
45
Millennium Management
New York
$3.32M -$1.41M -77,656 -31%
GC
46
Guggenheim Capital
Illinois
$3.18M -$206K -11,356 -6%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$3.01M -$148K -8,158 -5%
Invesco
48
Invesco
Georgia
$2.87M -$427K -23,574 -13%
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$2.69M -$261K -14,400 -9%
TA
50
Teachers Advisors
New York
$2.55M +$80.3K +4,428 +3%

MTH Hedge Fund Activity: Q2 2016 in Review

145 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q2 2016, worth a combined $1.58B — up 12% from $1.41B a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of MTH and 16 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 53 added.

The largest buyer was Fidelity Investments, adding an estimated $67.8M. The largest seller was Balyasny Asset Management, cutting an estimated $11.8M.

  • 145 institutional investors held Meritage Homes (MTH) as of Q2 2016, down from 153 in Q1 2016.
  • Funds reported $1.58B of Meritage Homes stock for Q2 2016, up 12% quarter-over-quarter.
  • 16 funds opened new Meritage Homes positions in Q2 2016 and 22 closed out, a net change of -6 holders.
  • The largest Meritage Homes buyer in Q2 2016 was Fidelity Investments, an estimated $67.8M added.
  • The largest Meritage Homes seller in Q2 2016 was Balyasny Asset Management, an estimated $11.8M sold.

Based on aggregated 13F filings for Q2 2016.