Meritage Homes
157 hedge funds and large institutions have $1.55B invested in Meritage Homes in 2015 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 52 reducing their positions, and 19 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 52
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
1% more funds holding
Funds holding: 156 → 157 (+1)
6.49% less ownership
Funds ownership: 220.74% → 214.25% (-6.5%)
25% less capital invested
Capital invested by funds: $2.06B → $1.55B (-$507M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
79% less call options, than puts
Call options by funds: $5.48M | Put options by funds: $26.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$21M |
| 2 |
TGA
Trilogy Global Advisors
Winter Park,
Florida
|
+$17.4M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$13.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$74.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$45.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$26.6M |
| 4 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$13.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.45M |
MTH Hedge Fund Activity: Q3 2015 in Review
157 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2015, worth a combined $1.55B — down 25% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MTH positions and 19 closed out — a net gain of 2 holders — while 59 added to existing stakes and 52 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $21M. The largest seller was Impala Asset Management, exiting entirely with an estimated $74.7M sold.
- 157 institutional investors held Meritage Homes (MTH) as of Q3 2015, up from 156 in Q2 2015.
- Funds reported $1.55B of Meritage Homes stock for Q3 2015, down 25% quarter-over-quarter.
- 21 funds opened new Meritage Homes positions in Q3 2015 and 19 closed out, a net change of +2 holders.
- The largest Meritage Homes buyer in Q3 2015 was Dimensional Fund Advisors, an estimated $21M added.
- The largest Meritage Homes seller in Q3 2015 was Impala Asset Management, an estimated $74.7M sold.
Based on aggregated 13F filings for Q3 2015.