Meritage Homes
MTH
366 hedge funds and large institutions have $6.21B invested in Meritage Homes in 2024 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 118 increasing their positions, 150 reducing their positions, and 53 closing their positions.
20% more call options, than puts
Call options by funds: $10M | Put options by funds: $8.35M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $6.29B → $6.21B (-$81.3M)
4% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 53
1% less funds holding
Funds holding: 370 → 366 (-4)
2.37% less ownership
Funds ownership: 198.25% → 195.88% (-2.4%)
21% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 150
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$41.5M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$37.2M |
| 3 |
LPC
Long Pond Capital
New York
|
+$29.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$29M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$136M |
| 2 |
Morgan Stanley
New York
|
-$60.3M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$28.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$27.9M |
| 5 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$21.3M |
MTH Hedge Fund Activity: Q1 2024 in Review
366 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q1 2024, worth a combined $6.21B — down 1.3% from $6.29B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of MTH and 51 opened new positions — a net loss of 2 holders — while 150 trimmed existing stakes and 118 added.
The largest buyer was Millennium Management, adding an estimated $41.5M. The largest seller was Pacer Advisors, exiting entirely with an estimated $136M sold.
- 366 institutional investors held Meritage Homes (MTH) as of Q1 2024, down from 370 in Q4 2023.
- Funds reported $6.21B of Meritage Homes stock for Q1 2024, down 1.3% quarter-over-quarter.
- 51 funds opened new Meritage Homes positions in Q1 2024 and 53 closed out, a net change of -2 holders.
- The largest Meritage Homes buyer in Q1 2024 was Millennium Management, an estimated $41.5M added.
- The largest Meritage Homes seller in Q1 2024 was Pacer Advisors, an estimated $136M sold.
Based on aggregated 13F filings for Q1 2024.