Meritage Homes
145 hedge funds and large institutions have $1.62B invested in Meritage Homes in 2014 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 57 reducing their positions, and 34 closing their positions.
44% more call options, than puts
Call options by funds: $21M | Put options by funds: $14.6M
13.61% more ownership
Funds ownership: 184.92% → 198.53% (+14%)
7% more capital invested
Capital invested by funds: $1.51B → $1.62B (+$112M)
9% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 57
11% less funds holding
Funds holding: 163 → 145 (-18)
53% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
GRS Advisors
Chicago,
Illinois
|
+$35.5M |
| 2 |
ACG
Anchorage Capital Group
New York
|
+$28M |
| 3 |
Neuberger Berman Group
New York
|
+$25.2M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$22.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$24.7M |
| 2 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
-$15.3M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$10.9M |
| 4 |
DP
DW Partners
New York
|
-$6.57M |
| 5 |
Morgan Stanley
New York
|
-$5.89M |
MTH Hedge Fund Activity: Q2 2014 in Review
145 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q2 2014, worth a combined $1.62B — up 7.4% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of MTH and 16 opened new positions — a net loss of 18 holders — while 57 trimmed existing stakes and 52 added.
The largest buyer was GRS Advisors, opening a new position worth an estimated $35.5M. The largest seller was Ranger Investment Management, exiting entirely with an estimated $24.7M sold.
- 145 institutional investors held Meritage Homes (MTH) as of Q2 2014, down from 163 in Q1 2014.
- Funds reported $1.62B of Meritage Homes stock for Q2 2014, up 7.4% quarter-over-quarter.
- 16 funds opened new Meritage Homes positions in Q2 2014 and 34 closed out, a net change of -18 holders.
- The largest Meritage Homes buyer in Q2 2014 was GRS Advisors, an estimated $35.5M added.
- The largest Meritage Homes seller in Q2 2014 was Ranger Investment Management, an estimated $24.7M sold.
Based on aggregated 13F filings for Q2 2014.