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Meritage Homes

149 hedge funds and large institutions have $1.34B invested in Meritage Homes in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 71 increasing their positions, 43 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 43

45% more call options, than puts

Call options by funds: $11.9M | Put options by funds: $8.2M

3% less capital invested

Capital invested by funds: $1.38B → $1.34B (-$40.8M)

3.89% less ownership

Funds ownership: 176.28%172.39% (-3.9%)

11% less funds holding

Funds holding: 167149 (-18)

46% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 35

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
149
Holders Change
-18
Holders Change %
-10.78%
% of All Funds
4.83%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
19
Increased
71
Reduced
43
Closed
35
Calls
$11.9M
Puts
$8.2M
Net Calls
+$3.67M
Net Calls Change
+$7.72M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
76
Morgan Stanley
New York
$1.48M +$222K +10,342 +18%
State of Tennessee, Department of Treasury
77
State of Tennessee, Department of Treasury
Tennessee
$1.42M +$1.42M +66,200 New
ASRS
78
Arizona State Retirement System
Arizona
$1.31M +$120K +5,600 +10%
Swiss National Bank
79
Swiss National Bank
Switzerland
$1.27M -$60.2K -2,800 -5%
Susquehanna International Group
80
Susquehanna International Group
Pennsylvania
$1.26M +$1.26M +58,868 New
MLICM
81
Metropolitan Life Insurance Company (MetLife)
New York
$1.23M
AIG
82
American International Group
New York
$1.17M -$1.18M -54,914 -50%
Millennium Management
83
Millennium Management
New York
$1.06M -$1.52M -70,648 -59%
JIR
84
James Investment Research
Ohio
$1.01M -$93.7K -4,360 -8%
ProShare Advisors
85
ProShare Advisors
Maryland
$1.01M +$111K +5,156 +12%
Barclays
86
Barclays
United Kingdom
$964K -$52.5K -2,442 -5%
BA
87
BlackRock Advisors
Delaware
$919K -$5.89M -273,974 -86%
VOYA Investment Management
88
VOYA Investment Management
Georgia
$911K
GC
89
Guggenheim Capital
Illinois
$871K +$119K +5,534 +16%
GC
90
Globeflex Capital
California
$866K
NCCM
91
Nine Chapters Capital Management
New Jersey
$863K +$490K +22,800 +131%
PG
92
PEAK6 Group
Illinois
$830K +$1.66M +77,252 New
Citigroup
93
Citigroup
New York
$804K +$54.1K +2,520 +7%
CAM
94
Capstone Asset Management
Texas
$785K +$31.8K +1,480 +4%
D.E. Shaw & Co
95
D.E. Shaw & Co
New York
$757K +$195K +9,074 +35%
ZIM
96
Zacks Investment Management
Illinois
$651K +$83.8K +3,902 +15%
NSEDCP
97
NJ State Employees Deferred Compensation Plan
New Jersey
$644K
PAM
98
Paradigm Asset Management
New York
$625K +$357K +16,600 +133%
FMT
99
First Mercantile Trust
Tennessee
$587K -$32.4K -1,510 -5%
TRSOTSOK
100
Teachers Retirement System of the State of Kentucky
Kentucky
$556K -$64.5K -3,000 -10%

MTH Hedge Fund Activity: Q3 2013 in Review

149 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2013, worth a combined $1.34B — down 3% from $1.38B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of MTH and 19 opened new positions — a net loss of 16 holders — while 43 trimmed existing stakes and 71 added.

The largest buyer was Citadel Advisors, adding an estimated $47.6M. The largest seller was Ranger Investment Management, exiting entirely with an estimated $44.2M sold.

  • 149 institutional investors held Meritage Homes (MTH) as of Q3 2013, down from 167 in Q2 2013.
  • Funds reported $1.34B of Meritage Homes stock for Q3 2013, down 3% quarter-over-quarter.
  • 19 funds opened new Meritage Homes positions in Q3 2013 and 35 closed out, a net change of -16 holders.
  • The largest Meritage Homes buyer in Q3 2013 was Citadel Advisors, an estimated $47.6M added.
  • The largest Meritage Homes seller in Q3 2013 was Ranger Investment Management, an estimated $44.2M sold.

Based on aggregated 13F filings for Q3 2013.