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Meritage Homes

149 hedge funds and large institutions have $1.34B invested in Meritage Homes in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 71 increasing their positions, 43 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 43

45% more call options, than puts

Call options by funds: $11.9M | Put options by funds: $8.2M

3% less capital invested

Capital invested by funds: $1.38B → $1.34B (-$40.8M)

3.89% less ownership

Funds ownership: 176.28%172.39% (-3.9%)

11% less funds holding

Funds holding: 167149 (-18)

46% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 35

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
149
Holders Change
-18
Holders Change %
-10.78%
% of All Funds
4.83%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
19
Increased
71
Reduced
43
Closed
35
Calls
$11.9M
Puts
$8.2M
Net Calls
+$3.67M
Net Calls Change
+$7.72M
Name Holding Trade Value Shares
Change
Change in
Stake
KAM
151
Keeley Asset Management
Illinois
-$25.3M -1,167,000 Closed
EAM
152
Eagle Asset Management
Florida
-$20.8M -958,660 Closed
Federated Hermes
153
Federated Hermes
Pennsylvania
-$12.8M -590,000 Closed
HAI
154
Hennessy Advisors Inc
California
-$6.84M -315,400 Closed
Two Sigma Investments
155
Two Sigma Investments
New York
-$5M -230,542 Closed
Allianz Asset Management
156
Allianz Asset Management
Germany
-$4.18M -192,800 Closed
Jacobs Levy Equity Management
157
Jacobs Levy Equity Management
New Jersey
-$3.86M -177,852 Closed
OCAM
158
Onex Canada Asset Management
Ontario, Canada
-$3.55M -155,700 Closed
TCM
159
Timpani Capital Management
Wisconsin
-$1.78M -82,214 Closed
Two Sigma Advisers
160
Two Sigma Advisers
New York
-$1.7M -78,294 Closed
Loomis, Sayles & Company
161
Loomis, Sayles & Company
Massachusetts
-$1.66K -76,582 Closed
Axa
162
Axa
France
-$1.38M -63,600 Closed
Capital Fund Management (CFM)
163
Capital Fund Management (CFM)
France
-$1.26M -58,706 Closed
GIM
164
Guild Investment Management
California
-$1.2M -55,230 Closed
MIA
165
Mainstream Investment Advisers
Indiana
-$1.08M -50,000 Closed
PP
166
PDT Partners
New York
-$876K -40,384 Closed
Renaissance Technologies
167
Renaissance Technologies
New York
-$872K -40,200 Closed
BLM
168
Bennett Lawrence Management
New York
-$752K -34,700 Closed
DCM
169
Driehaus Capital Management
Illinois
-$683K -31,490 Closed
Mackenzie Financial
170
Mackenzie Financial
Ontario, Canada
-$616K -28,400 Closed
WC
171
Wexford Capital
Florida
-$600K -27,678 Closed
Los Angeles Capital Management
172
Los Angeles Capital Management
California
-$516K -23,788 Closed
SCA
173
SAC Capital Advisors
Connecticut
-$468K -21,600 Closed
ACI
174
AMP Capital Investors
Australia
-$405K -18,198 Closed
CCT
175
Country Club Trust
Missouri
-$286K -13,170 Closed

MTH Hedge Fund Activity: Q3 2013 in Review

149 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2013, worth a combined $1.34B — down 3% from $1.38B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of MTH and 19 opened new positions — a net loss of 16 holders — while 43 trimmed existing stakes and 71 added.

The largest buyer was Citadel Advisors, adding an estimated $47.6M. The largest seller was Ranger Investment Management, exiting entirely with an estimated $44.2M sold.

  • 149 institutional investors held Meritage Homes (MTH) as of Q3 2013, down from 167 in Q2 2013.
  • Funds reported $1.34B of Meritage Homes stock for Q3 2013, down 3% quarter-over-quarter.
  • 19 funds opened new Meritage Homes positions in Q3 2013 and 35 closed out, a net change of -16 holders.
  • The largest Meritage Homes buyer in Q3 2013 was Citadel Advisors, an estimated $47.6M added.
  • The largest Meritage Homes seller in Q3 2013 was Ranger Investment Management, an estimated $44.2M sold.

Based on aggregated 13F filings for Q3 2013.