Meritage Homes
299 hedge funds and large institutions have $3.06B invested in Meritage Homes in 2020 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 97 increasing their positions, 110 reducing their positions, and 35 closing their positions.
63% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 35
7% more funds holding
Funds holding: 279 → 299 (+20)
3% less call options, than puts
Call options by funds: $8.38M | Put options by funds: $8.6M
3.66% less ownership
Funds ownership: 200.08% → 196.43% (-3.7%)
12% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 110
26% less capital invested
Capital invested by funds: $4.15B → $3.06B (-$1.09B)
89% less funds holding in top 10
Funds holding in top 10: 9 → 1 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$34.3M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$34.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$30.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$22.1M |
| 5 |
Morgan Stanley
New York
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$68.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$35.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$35.5M |
| 4 |
Goldman Sachs
New York
|
-$26M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$21.9M |
MTH Hedge Fund Activity: Q4 2020 in Review
299 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2020, worth a combined $3.06B — down 26% from $4.15B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new MTH positions and 35 closed out — a net gain of 22 holders — while 97 added to existing stakes and 110 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $34.3M. The largest seller was Capital Growth Management, exiting entirely with an estimated $68.4M sold.
- 299 institutional investors held Meritage Homes (MTH) as of Q4 2020, up from 279 in Q3 2020.
- Funds reported $3.06B of Meritage Homes stock for Q4 2020, down 26% quarter-over-quarter.
- 57 funds opened new Meritage Homes positions in Q4 2020 and 35 closed out, a net change of +22 holders.
- The largest Meritage Homes buyer in Q4 2020 was Balyasny Asset Management, an estimated $34.3M added.
- The largest Meritage Homes seller in Q4 2020 was Capital Growth Management, an estimated $68.4M sold.
Based on aggregated 13F filings for Q4 2020.