Meritage Homes
200 hedge funds and large institutions have $1.73B invested in Meritage Homes in 2018 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 76 increasing their positions, 53 reducing their positions, and 21 closing their positions.
81% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 21
43% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 53
19% more call options, than puts
Call options by funds: $3.39M | Put options by funds: $2.84M
9% more funds holding
Funds holding: 184 → 200 (+16)
2.43% less ownership
Funds ownership: 190.51% → 188.07% (-2.4%)
12% less capital invested
Capital invested by funds: $1.97B → $1.73B (-$238M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15.3M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$15M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$14.1M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$8.63M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$91M |
| 2 |
Sanders Capital
West Palm Beach,
Florida
|
-$44.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.51M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.63M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$6.36M |
MTH Hedge Fund Activity: Q1 2018 in Review
200 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q1 2018, worth a combined $1.73B — down 12% from $1.97B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new MTH positions and 21 closed out — a net gain of 17 holders — while 76 added to existing stakes and 53 trimmed.
The largest buyer was Millennium Management, adding an estimated $15.3M. The largest seller was Fidelity Investments, cutting an estimated $91M.
- 200 institutional investors held Meritage Homes (MTH) as of Q1 2018, up from 184 in Q4 2017.
- Funds reported $1.73B of Meritage Homes stock for Q1 2018, down 12% quarter-over-quarter.
- 38 funds opened new Meritage Homes positions in Q1 2018 and 21 closed out, a net change of +17 holders.
- The largest Meritage Homes buyer in Q1 2018 was Millennium Management, an estimated $15.3M added.
- The largest Meritage Homes seller in Q1 2018 was Fidelity Investments, an estimated $91M sold.
Based on aggregated 13F filings for Q1 2018.