Meritage Homes
279 hedge funds and large institutions have $4.15B invested in Meritage Homes in 2020 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 83 increasing their positions, 105 reducing their positions, and 38 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 3 → 9 (+6)
61% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 38
47% more capital invested
Capital invested by funds: $2.82B → $4.15B (+$1.33B)
9% more funds holding
Funds holding: 257 → 279 (+22)
3.1% more ownership
Funds ownership: 196.98% → 200.08% (+3.1%)
21% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 105
22% less call options, than puts
Call options by funds: $12M | Put options by funds: $15.4M
Top Buyers
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$46.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$39.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$34.8M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$26M |
| 5 |
BlackRock
New York
|
+$21.7M |
Top Sellers
MTH Hedge Fund Activity: Q3 2020 in Review
279 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2020, worth a combined $4.15B — up 47% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new MTH positions and 38 closed out — a net gain of 23 holders — while 83 added to existing stakes and 105 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $46.4M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $57.4M sold.
- 279 institutional investors held Meritage Homes (MTH) as of Q3 2020, up from 257 in Q2 2020.
- Funds reported $4.15B of Meritage Homes stock for Q3 2020, up 47% quarter-over-quarter.
- 61 funds opened new Meritage Homes positions in Q3 2020 and 38 closed out, a net change of +23 holders.
- The largest Meritage Homes buyer in Q3 2020 was AllianceBernstein, an estimated $46.4M added.
- The largest Meritage Homes seller in Q3 2020 was Echo Street Capital Management, an estimated $57.4M sold.
Based on aggregated 13F filings for Q3 2020.