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Meritage Homes

153 hedge funds and large institutions have $1.38B invested in Meritage Homes in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more call options, than puts

Call options by funds: $47M | Put options by funds: $25.1M

44% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 18

11% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 47

6% more funds holding

Funds holding: 145153 (+8)

0.96% more ownership

Funds ownership: 198.53%199.49% (+0.96%)

15% less capital invested

Capital invested by funds: $1.62B → $1.38B (-$240M)

Holders
153
Holders Change
+8
Holders Change %
+5.52%
% of All Funds
4.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
26
Increased
52
Reduced
47
Closed
18
Calls
$47M
Puts
$25.1M
Net Calls
+$21.8M
Net Calls Change
+$15.5M
Name Holding Trade Value Shares
Change
Change in
Stake
TH
101
Timber Hill
Connecticut
$433K +$489K +24,392 New
GCA
102
Gideon Capital Advisors
New York
$423K +$479K +23,850 New
UBS AM
103
UBS AM
Illinois
$422K -$7.5M -373,928 -94%
CSS
104
Cubist Systematic Strategies
Connecticut
$402K +$455K +22,656 New
TRSOTSOK
105
Teachers Retirement System of the State of Kentucky
Kentucky
$388K
SCA
106
Sippican Capital Advisors
Massachusetts
$367K +$415K +20,700 New
AQR Capital Management
107
AQR Capital Management
Connecticut
$365K -$40.1K -2,000 -9%
Public Employees Retirement Association of Colorado
108
Public Employees Retirement Association of Colorado
Colorado
$353K
HCM
109
Highbridge Capital Management
New York
$343K +$388K +19,348 New
MERSOM
110
Municipal Employees' Retirement System of Michigan
Michigan
$334K +$12K +600 +3%
DTL
111
Dynamic Technology Lab
Singapore
$321K +$363K +18,070 New
Nisa Investment Advisors
112
Nisa Investment Advisors
Missouri
$320K
Tudor Investment Corp
113
Tudor Investment Corp
Connecticut
$295K +$333K +16,600 New
PI
114
PineBridge Investments
New York
$288K +$95.3K +4,752 +42%
Jane Street
115
Jane Street
New York
$270K +$306K +15,232 New
CCIA
116
Campbell & Co Investment Adviser
Maryland
$263K +$297K +14,800 New
BMCMI
117
Bryn Mawr Capital Management Inc
Pennsylvania
$244K +$276K +13,772 New
PAM
118
Paradigm Asset Management
New York
$227K +$12K +600 +5%
GMIM
119
General Motors Investment Management
New York
$219K +$248K +12,350 New
Legal & General Group
120
Legal & General Group
United Kingdom
$202K +$227K +11,316 New
Parallax Volatility Advisers
121
Parallax Volatility Advisers
California
$177K +$52.2K +2,600 +35%
Group One Trading
122
Group One Trading
Illinois
$151K -$83.5K -4,160 -33%
PCM
123
Prelude Capital Management
New York
$117K
BNP Paribas Financial Markets
124
BNP Paribas Financial Markets
France
$98.7K -$65.7K -3,274 -37%
KBC Group
125
KBC Group
Belgium
$93K

MTH Hedge Fund Activity: Q3 2014 in Review

153 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2014, worth a combined $1.38B — down 15% from $1.62B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new MTH positions and 18 closed out — a net gain of 8 holders — while 52 added to existing stakes and 47 trimmed.

The largest buyer was Sanders Capital, adding an estimated $60.1M. The largest seller was Impala Asset Management, exiting entirely with an estimated $79.1M sold.

  • 153 institutional investors held Meritage Homes (MTH) as of Q3 2014, up from 145 in Q2 2014.
  • Funds reported $1.38B of Meritage Homes stock for Q3 2014, down 15% quarter-over-quarter.
  • 26 funds opened new Meritage Homes positions in Q3 2014 and 18 closed out, a net change of +8 holders.
  • The largest Meritage Homes buyer in Q3 2014 was Sanders Capital, an estimated $60.1M added.
  • The largest Meritage Homes seller in Q3 2014 was Impala Asset Management, an estimated $79.1M sold.

Based on aggregated 13F filings for Q3 2014.