Meritage Homes
148 hedge funds and large institutions have $1.45B invested in Meritage Homes in 2014 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 48 increasing their positions, 55 reducing their positions, and 31 closing their positions.
601% more call options, than puts
Call options by funds: $54.1M | Put options by funds: $7.72M
6.27% more ownership
Funds ownership: 199.49% → 205.76% (+6.3%)
5% more capital invested
Capital invested by funds: $1.38B → $1.45B (+$64.1M)
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
3% less funds holding
Funds holding: 153 → 148 (-5)
13% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.9M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$18.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$15.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12.9M |
| 5 |
Millennium Management
New York
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$13.9M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$12.4M |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$9.6M |
| 4 |
BCMNY
Buckingham Capital Management (New York)
New York
|
-$7.15M |
| 5 |
Goldman Sachs
New York
|
-$6.7M |
MTH Hedge Fund Activity: Q4 2014 in Review
148 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2014, worth a combined $1.45B — up 4.6% from $1.38B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of MTH and 28 opened new positions — a net loss of 3 holders — while 55 trimmed existing stakes and 48 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $20.9M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $13.9M sold.
- 148 institutional investors held Meritage Homes (MTH) as of Q4 2014, down from 153 in Q3 2014.
- Funds reported $1.45B of Meritage Homes stock for Q4 2014, up 4.6% quarter-over-quarter.
- 28 funds opened new Meritage Homes positions in Q4 2014 and 31 closed out, a net change of -3 holders.
- The largest Meritage Homes buyer in Q4 2014 was Fidelity Investments, an estimated $20.9M added.
- The largest Meritage Homes seller in Q4 2014 was Anchorage Capital Group, an estimated $13.9M sold.
Based on aggregated 13F filings for Q4 2014.