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Meritage Homes

366 hedge funds and large institutions have $6.21B invested in Meritage Homes in 2024 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 118 increasing their positions, 150 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $10M | Put options by funds: $8.35M

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $6.29B → $6.21B (-$81.3M)

4% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 53

1% less funds holding

Funds holding: 370366 (-4)

2.37% less ownership

Funds ownership: 198.25%195.88% (-2.4%)

21% less repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 150

Holders
366
Holders Change
-4
Holders Change %
-1.08%
% of All Funds
5.27%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
51
Increased
118
Reduced
150
Closed
53
Calls
$10M
Puts
$8.35M
Net Calls
+$1.69M
Net Calls Change
+$6.74M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
26
Fidelity Investments
Massachusetts
$60.1M -$20.6M -254,490 -27%
JP Morgan Chase
27
JP Morgan Chase
New York
$55.8M +$5.91M +73,074 +13%
Millennium Management
28
Millennium Management
New York
$55M +$41.5M +512,874 +450%
Arrowstreet Capital
29
Arrowstreet Capital
Massachusetts
$53.1M +$10.8M +133,976 +28%
Bank of America
30
Bank of America
North Carolina
$51M +$6.6M +81,612 +16%
First Trust Advisors
31
First Trust Advisors
Illinois
$49.4M +$37.2M +460,310 +446%
Principal Financial Group
32
Principal Financial Group
Iowa
$44.8M -$804K -9,932 -2%
Franklin Resources
33
Franklin Resources
California
$42.3M +$14.7M +182,232 +61%
Allianz Asset Management
34
Allianz Asset Management
Germany
$40.8M -$2.41M -29,816 -6%
LSV Asset Management
35
LSV Asset Management
Illinois
$38M +$1.13M +14,000 +3%
AIM
36
Artemis Investment Management
United Kingdom
$37.6M -$3.03M -37,420 -8%
Janus Henderson Group
37
Janus Henderson Group
United Kingdom
$34.6M -$2.49M -30,816 -7%
Blackstone Inc
38
Blackstone Inc
New York
$33.3M +$21M +260,000 +217%
LPC
39
Long Pond Capital
New York
$32.3M +$29.8M +368,204 New
Ameriprise
40
Ameriprise
Minnesota
$30.2M -$2.51M -31,012 -8%
Jacobs Levy Equity Management
41
Jacobs Levy Equity Management
New Jersey
$27M +$8.16M +100,918 +49%
Swedbank
42
Swedbank
Sweden
$25.5M +$135K +1,672 +0.6%
Boston Partners
43
Boston Partners
Massachusetts
$23.1M +$21.4M +264,584 New
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$22.9M +$1.54M +19,006 +8%
Legal & General Group
45
Legal & General Group
United Kingdom
$22.7M -$878K -10,850 -4%
Man Group
46
Man Group
United Kingdom
$22M -$4.1M -50,696 -17%
N
47
Nuveen
North Carolina
$19.9M -$209K -2,580 -1%
RhumbLine Advisers
48
RhumbLine Advisers
Massachusetts
$19.7M -$184K -2,272 -1%
DCM
49
Driehaus Capital Management
Illinois
$19.2M -$9.43M -116,558 -35%
FCM
50
Frontier Capital Management
Massachusetts
$19.2M +$7.86M +97,204 +80%

MTH Hedge Fund Activity: Q1 2024 in Review

366 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q1 2024, worth a combined $6.21B — down 1.3% from $6.29B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of MTH and 51 opened new positions — a net loss of 2 holders — while 150 trimmed existing stakes and 118 added.

The largest buyer was Millennium Management, adding an estimated $41.5M. The largest seller was Pacer Advisors, exiting entirely with an estimated $136M sold.

  • 366 institutional investors held Meritage Homes (MTH) as of Q1 2024, down from 370 in Q4 2023.
  • Funds reported $6.21B of Meritage Homes stock for Q1 2024, down 1.3% quarter-over-quarter.
  • 51 funds opened new Meritage Homes positions in Q1 2024 and 53 closed out, a net change of -2 holders.
  • The largest Meritage Homes buyer in Q1 2024 was Millennium Management, an estimated $41.5M added.
  • The largest Meritage Homes seller in Q1 2024 was Pacer Advisors, an estimated $136M sold.

Based on aggregated 13F filings for Q1 2024.