Meritage Homes
154 hedge funds and large institutions have $1.84B invested in Meritage Homes in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 66 increasing their positions, 45 reducing their positions, and 15 closing their positions.
59% more call options, than puts
Call options by funds: $9.61M | Put options by funds: $6.03M
47% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 45
9% more capital invested
Capital invested by funds: $1.69B → $1.84B (+$152M)
7.06% more ownership
Funds ownership: 198.35% → 205.41% (+7.1%)
3% less funds holding
Funds holding: 159 → 154 (-5)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$18.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.3M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$11M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$9.19M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$8.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$12.6M |
| 2 |
Goldman Sachs
New York
|
-$8.83M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$5.01M |
| 4 |
D.E. Shaw & Co
New York
|
-$4.95M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.17M |
MTH Hedge Fund Activity: Q3 2017 in Review
154 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2017, worth a combined $1.84B — up 9% from $1.69B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MTH and 11 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 66 added.
The largest buyer was Millennium Management, adding an estimated $18.1M. The largest seller was Norges Bank, exiting entirely with an estimated $12.6M sold.
- 154 institutional investors held Meritage Homes (MTH) as of Q3 2017, down from 159 in Q2 2017.
- Funds reported $1.84B of Meritage Homes stock for Q3 2017, up 9% quarter-over-quarter.
- 11 funds opened new Meritage Homes positions in Q3 2017 and 15 closed out, a net change of -4 holders.
- The largest Meritage Homes buyer in Q3 2017 was Millennium Management, an estimated $18.1M added.
- The largest Meritage Homes seller in Q3 2017 was Norges Bank, an estimated $12.6M sold.
Based on aggregated 13F filings for Q3 2017.