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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
MAA
51
Managed Account Advisors
New Jersey
$4.86M +$2.56M +118,314 +140%
Charles Schwab
52
Charles Schwab
California
$4.83M +$140K +6,452 +3%
RFC
53
Russell Frank Company
Washington
$4.67M -$5.47M -252,616 -56%
Public Sector Pension Investment Board (PSP Investments)
54
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.98M +$43.3K +2,000 +1%
Prudential Financial
55
Prudential Financial
New Jersey
$3.97M -$2.14M -98,600 -37%
New York State Teachers Retirement System (NYSTRS)
56
New York State Teachers Retirement System (NYSTRS)
New York
$3.96M -$4.33K -200 -0.1%
Schroder Investment Management Group
57
Schroder Investment Management Group
United Kingdom
$3.96M +$203K +9,360 +6%
California Public Employees Retirement System
58
California Public Employees Retirement System
California
$3.73M +$546K +25,176 +19%
Jennison Associates
59
Jennison Associates
New York
$3.48M +$389K +17,944 +14%
California State Teachers Retirement System (CalSTRS)
60
California State Teachers Retirement System (CalSTRS)
California
$3.14M +$17.3K +800 +0.6%
PAM
61
Paradigm Asset Management
New York
$2.88M +$1.97M +91,000 +313%
BG
62
BlackRock Group
United Kingdom
$2.71M +$196K +9,050 +9%
Invesco
63
Invesco
Georgia
$2.64M +$310K +14,326 +15%
TA
64
Teachers Advisors
New York
$2.58M +$60.7K +2,800 +3%
SCA
65
SAC Capital Advisors
Connecticut
$2.43M +$2.19M +101,300 New
BCM
66
Bridgeway Capital Management
Texas
$2.4M
RhumbLine Advisers
67
RhumbLine Advisers
Massachusetts
$2.39M
JIR
68
James Investment Research
Ohio
$2.08M +$852K +39,340 +83%
NIP
69
Nicholas Investment Partners
California
$1.88M +$1.7M +78,340 New
CIA
70
Capital Impact Advisors
Massachusetts
$1.82M +$1.65M +75,992 New
State Board of Administration of Florida Retirement System
71
State Board of Administration of Florida Retirement System
Florida
$1.78M -$25.4K -1,170 -2%
TPSF
72
Texas Permanent School Fund
Texas
$1.72M -$8.8K -406 -0.6%
Comerica Bank
73
Comerica Bank
Texas
$1.72M -$58K -2,676 -4%
State of Tennessee, Department of Treasury
74
State of Tennessee, Department of Treasury
Tennessee
$1.7M +$104K +4,800 +7%
NTCOC
75
Northern Trust Company of Connecticut
Connecticut
$1.65M -$100K -4,620 -6%

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.