Meritage Homes
199 hedge funds and large institutions have $1.67B invested in Meritage Homes in 2019 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 67 increasing their positions, 63 reducing their positions, and 23 closing their positions.
43% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 23
23% more capital invested
Capital invested by funds: $1.36B → $1.67B (+$307M)
8.94% more ownership
Funds ownership: 186.08% → 195.02% (+8.9%)
4% more funds holding
Funds holding: 191 → 199 (+8)
6% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 63
45% less call options, than puts
Call options by funds: $1.35M | Put options by funds: $2.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$28M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$25.9M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$6.71M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$6.06M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$5.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$17.3M |
| 2 |
Morgan Stanley
New York
|
-$12.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.48M |
| 4 |
KHCM
Kettle Hill Capital Management
New York
|
-$7.8M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$6.1M |
MTH Hedge Fund Activity: Q1 2019 in Review
199 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q1 2019, worth a combined $1.67B — up 23% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MTH positions and 23 closed out — a net gain of 10 holders — while 67 added to existing stakes and 63 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $28M. The largest seller was Ruane, Cunniff & Goldfarb, exiting entirely with an estimated $17.3M sold.
- 199 institutional investors held Meritage Homes (MTH) as of Q1 2019, up from 191 in Q4 2018.
- Funds reported $1.67B of Meritage Homes stock for Q1 2019, up 23% quarter-over-quarter.
- 33 funds opened new Meritage Homes positions in Q1 2019 and 23 closed out, a net change of +10 holders.
- The largest Meritage Homes buyer in Q1 2019 was Goldman Sachs, an estimated $28M added.
- The largest Meritage Homes seller in Q1 2019 was Ruane, Cunniff & Goldfarb, an estimated $17.3M sold.
Based on aggregated 13F filings for Q1 2019.