Meritage Homes
163 hedge funds and large institutions have $1.51B invested in Meritage Homes in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 65 increasing their positions, 44 reducing their positions, and 24 closing their positions.
161% more call options, than puts
Call options by funds: $32.8M | Put options by funds: $12.6M
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
48% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 44
7% more funds holding
Funds holding: 152 → 163 (+11)
7.13% more ownership
Funds ownership: 177.79% → 184.92% (+7.1%)
2% less capital invested
Capital invested by funds: $1.54B → $1.51B (-$32.7M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sanders Capital
West Palm Beach,
Florida
|
+$76.9M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$59.8M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$18.6M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$14.6M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.8M |
| 2 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$17.1M |
| 3 |
Goldman Sachs
New York
|
-$14.8M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$11M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.29M |
MTH Hedge Fund Activity: Q1 2014 in Review
163 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q1 2014, worth a combined $1.51B — down 2.1% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MTH positions and 24 closed out — a net gain of 12 holders — while 65 added to existing stakes and 44 trimmed.
The largest buyer was Sanders Capital, opening a new position worth an estimated $76.9M. The largest seller was Fidelity Investments, exiting entirely with an estimated $17.8M sold.
- 163 institutional investors held Meritage Homes (MTH) as of Q1 2014, up from 152 in Q4 2013.
- Funds reported $1.51B of Meritage Homes stock for Q1 2014, down 2.1% quarter-over-quarter.
- 36 funds opened new Meritage Homes positions in Q1 2014 and 24 closed out, a net change of +12 holders.
- The largest Meritage Homes buyer in Q1 2014 was Sanders Capital, an estimated $76.9M added.
- The largest Meritage Homes seller in Q1 2014 was Fidelity Investments, an estimated $17.8M sold.
Based on aggregated 13F filings for Q1 2014.