Meritage Homes
280 hedge funds and large institutions have $2.42B invested in Meritage Homes in 2019 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 111 increasing their positions, 82 reducing their positions, and 33 closing their positions.
61% more call options, than puts
Call options by funds: $6.72M | Put options by funds: $4.18M
55% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 33
35% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 82
8.33% more ownership
Funds ownership: 198.9% → 207.23% (+8.3%)
4% more funds holding
Funds holding: 269 → 280 (+11)
10% less capital invested
Capital invested by funds: $2.68B → $2.42B (-$257M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$31M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$23.4M |
| 3 |
Renaissance Technologies
New York
|
+$20.4M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$20.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
RR Partners
New York
|
-$63.6M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$48.7M |
| 3 |
Goldman Sachs
New York
|
-$15.7M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$15.5M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$13.5M |
MTH Hedge Fund Activity: Q4 2019 in Review
280 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2019, worth a combined $2.42B — down 9.6% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new MTH positions and 33 closed out — a net gain of 18 holders — while 111 added to existing stakes and 82 trimmed.
The largest buyer was Prudential Financial, adding an estimated $31M. The largest seller was RR Partners, exiting entirely with an estimated $63.6M sold.
- 280 institutional investors held Meritage Homes (MTH) as of Q4 2019, up from 269 in Q3 2019.
- Funds reported $2.42B of Meritage Homes stock for Q4 2019, down 9.6% quarter-over-quarter.
- 51 funds opened new Meritage Homes positions in Q4 2019 and 33 closed out, a net change of +18 holders.
- The largest Meritage Homes buyer in Q4 2019 was Prudential Financial, an estimated $31M added.
- The largest Meritage Homes seller in Q4 2019 was RR Partners, an estimated $63.6M sold.
Based on aggregated 13F filings for Q4 2019.