Meritage Homes
152 hedge funds and large institutions have $1.54B invested in Meritage Homes in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 61 increasing their positions, 43 reducing their positions, and 25 closing their positions.
386% more call options, than puts
Call options by funds: $36.2M | Put options by funds: $7.45M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 43
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
15% more capital invested
Capital invested by funds: $1.34B → $1.54B (+$205M)
5.4% more ownership
Funds ownership: 172.39% → 177.79% (+5.4%)
2% more funds holding
Funds holding: 149 → 152 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$79.5M |
| 2 |
Barclays
London,
United Kingdom
|
+$13.9M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$11.7M |
| 4 |
Goldman Sachs
New York
|
+$11.2M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCI
Columbus Circle Investors
|
-$23.6M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$19.1M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$18.3M |
| 4 |
SPC
Standard Pacific Capital
San Francisco,
California
|
-$18.3M |
| 5 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$16.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -110 | Closed |
|
MTH Hedge Fund Activity: Q4 2013 in Review
152 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2013, worth a combined $1.54B — up 15% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new MTH positions and 25 closed out — a net gain of 4 holders — while 61 added to existing stakes and 43 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $79.5M. The largest seller was Columbus Circle Investors, exiting entirely with an estimated $23.6M sold.
- 152 institutional investors held Meritage Homes (MTH) as of Q4 2013, up from 149 in Q3 2013.
- Funds reported $1.54B of Meritage Homes stock for Q4 2013, up 15% quarter-over-quarter.
- 29 funds opened new Meritage Homes positions in Q4 2013 and 25 closed out, a net change of +4 holders.
- The largest Meritage Homes buyer in Q4 2013 was EARNEST Partners, an estimated $79.5M added.
- The largest Meritage Homes seller in Q4 2013 was Columbus Circle Investors, an estimated $23.6M sold.
Based on aggregated 13F filings for Q4 2013.