Meritage Homes
146 hedge funds and large institutions have $1.39B invested in Meritage Homes in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 54 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
1% more funds holding
Funds holding: 144 → 146 (+2)
0% more capital invested
Capital invested by funds: $1.39B → $1.39B (+$6.05M)
3.16% less ownership
Funds ownership: 202.94% → 199.78% (-3.2%)
11% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 54
67% less call options, than puts
Call options by funds: $9.39M | Put options by funds: $28.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$13.5M |
| 2 |
Morgan Stanley
New York
|
+$5.98M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$5.45M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.98M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$4.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$19.8M |
| 2 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$9M |
| 3 |
LPC
Long Pond Capital
New York
|
-$4.78M |
| 4 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$4.33M |
| 5 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$3.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LG
151
Leuthold Group
Minneapolis,
Minnesota
| – | -$3.89M | -224,164 | Closed |
|
|
DCM
152
Dean Capital Management
Overland Park,
Kansas
| – | -$1.87M | -107,826 | Closed |
|
|
MCM
153
Maltese Capital Management
New York
| – | -$868K | -50,000 | Closed |
|
|
PAM
154
Paradigm Asset Management
New York
| – | -$654K | -37,700 | Closed |
|
155
Jennison Associates
New York
| – | -$247K | -14,246 | Closed |
|
|
CG
156
Clinton Group
New York
| – | -$212K | -12,246 | Closed |
|
|
SCA
157
Sippican Capital Advisors
Boston,
Massachusetts
| – | -$201K | -11,600 | Closed |
|
158
Lazard Asset Management
New York
| – | -$80K | -4,666 | Closed |
|
|
WEC
159
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$6.07K | -352 | Closed |
|
MTH Hedge Fund Activity: Q4 2016 in Review
146 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2016, worth a combined $1.39B — up 0.44% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MTH positions and 13 closed out — a net gain of 4 holders — while 48 added to existing stakes and 54 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $13.5M. The largest seller was Millennium Management, exiting entirely with an estimated $19.8M sold.
- 146 institutional investors held Meritage Homes (MTH) as of Q4 2016, up from 144 in Q3 2016.
- Funds reported $1.39B of Meritage Homes stock for Q4 2016, up 0.44% quarter-over-quarter.
- 17 funds opened new Meritage Homes positions in Q4 2016 and 13 closed out, a net change of +4 holders.
- The largest Meritage Homes buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $13.5M added.
- The largest Meritage Homes seller in Q4 2016 was Millennium Management, an estimated $19.8M sold.
Based on aggregated 13F filings for Q4 2016.