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.
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: 145 → 153 (+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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sanders Capital
West Palm Beach,
Florida
|
+$60.1M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$15.8M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$15.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$13.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$79.1M |
| 2 |
GA
GRS Advisors
Chicago,
Illinois
|
-$36.9M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$13.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$13.2M |
| 5 |
ACG
Anchorage Capital Group
New York
|
-$12.1M |
MTH Hedge Fund Activity: Q3 2014 in Review
153 of the 3,447 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.