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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
WFM
101
Wilmington Funds Management
Delaware
$531K -$15.9K -740 -3%
Neuberger Berman Group
102
Neuberger Berman Group
New York
$528K -$51.4K -2,394 -9%
Thrivent Financial for Lutherans
103
Thrivent Financial for Lutherans
Minnesota
$528K +$34.4K +1,600 +7%
Tudor Investment Corp
104
Tudor Investment Corp
Connecticut
$528K +$43K +2,000 +9%
HHC
105
Hutchin Hill Capital
New York
$520K +$520K +24,200 New
ARTA
106
A.R.T. Advisors
New York
$513K -$222K -10,312 -30%
USAA
107
United Services Automobile Association
Texas
$513K +$172K +8,000 +50%
OA
108
OFI Advisors
Pennsylvania
$481K +$157K +7,322 +49%
PCM
109
Prelude Capital Management
New York
$472K +$84.9K +3,950 +22%
TD Asset Management
110
TD Asset Management
Ontario, Canada
$451K +$51.6K +2,400 +13%
BIM
111
BRC Investment Management
Colorado
$451K +$451K +20,988 New
BNP Paribas Financial Markets
112
BNP Paribas Financial Markets
France
$431K -$127K -5,912 -23%
Public Employees Retirement Association of Colorado
113
Public Employees Retirement Association of Colorado
Colorado
$427K
AQR Capital Management
114
AQR Capital Management
Connecticut
$401K -$795K -37,000 -66%
Nisa Investment Advisors
115
Nisa Investment Advisors
Missouri
$387K -$150K -7,000 -28%
COI
116
Connable Office Inc
Michigan
$371K +$30.9K +1,440 +9%
PA
117
Profund Advisors
Maryland
$364K +$87.8K +4,088 +32%
CIC
118
Cornercap Investment Counsel
Georgia
$353K +$353K +16,430 New
SG Americas Securities
119
SG Americas Securities
New York
$325K +$33.8K +1,572 +12%
SFP
120
Santa Fe Partners
New Mexico
$298K -$816K -37,988 -73%
SCM
121
Stevens Capital Management
Pennsylvania
$292K -$207K -9,616 -41%
US Bancorp
122
US Bancorp
Minnesota
$267K +$83.5K +3,888 +46%
BCIM
123
British Columbia Investment Management
British Columbia, Canada
$260K +$13.3K +620 +5%
HCM
124
Highbridge Capital Management
New York
$257K -$267K -12,422 -51%
Walleye Trading
125
Walleye Trading
New York
$251K +$251K +11,686 New

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.