Meritage Homes
144 hedge funds and large institutions have $1.39B invested in Meritage Homes in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 61 increasing their positions, 41 reducing their positions, and 13 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 41
1% less funds holding
Funds holding: 145 → 144 (-1)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
6.78% less ownership
Funds ownership: 209.73% → 202.94% (-6.8%)
12% less capital invested
Capital invested by funds: $1.58B → $1.39B (-$192M)
72% less call options, than puts
Call options by funds: $9.07M | Put options by funds: $32.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.3M |
| 2 |
Millennium Management
New York
|
+$17.5M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$11.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$11.1M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$9.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$66.8M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$45.8M |
| 3 |
LPC
Long Pond Capital
New York
|
-$16.7M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$12.5M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Teacher Retirement System of Texas
Austin,
Texas
| – | -$198K | -10,540 | Closed |
|
|
CMBA
152
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$173K | -9,220 | Closed |
|
|
TRCT
153
Tower Research Capital (TRC)
New York
| – | -$70K | -3,708 | Closed |
|
|
AIM
154
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$16K | -866 | Closed |
|
|
PH
155
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$3.75K | -200 | Closed |
|
MTH Hedge Fund Activity: Q3 2016 in Review
144 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2016, worth a combined $1.39B — down 12% from $1.58B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MTH and 12 opened new positions — a net loss of 1 holder — while 41 trimmed existing stakes and 61 added.
The largest buyer was Fidelity Investments, adding an estimated $33.3M. The largest seller was AllianceBernstein, cutting an estimated $66.8M.
- 144 institutional investors held Meritage Homes (MTH) as of Q3 2016, down from 145 in Q2 2016.
- Funds reported $1.39B of Meritage Homes stock for Q3 2016, down 12% quarter-over-quarter.
- 12 funds opened new Meritage Homes positions in Q3 2016 and 13 closed out, a net change of -1 holder.
- The largest Meritage Homes buyer in Q3 2016 was Fidelity Investments, an estimated $33.3M added.
- The largest Meritage Homes seller in Q3 2016 was AllianceBernstein, an estimated $66.8M sold.
Based on aggregated 13F filings for Q3 2016.