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Meritage Homes

149 hedge funds and large institutions have $1.34B invested in Meritage Homes in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 71 increasing their positions, 43 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 43

45% more call options, than puts

Call options by funds: $11.9M | Put options by funds: $8.2M

3% less capital invested

Capital invested by funds: $1.38B → $1.34B (-$40.8M)

3.89% less ownership

Funds ownership: 176.28%172.39% (-3.9%)

11% less funds holding

Funds holding: 167149 (-18)

46% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 35

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
149
Holders Change
-18
Holders Change %
-10.78%
% of All Funds
4.83%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
19
Increased
71
Reduced
43
Closed
35
Calls
$11.9M
Puts
$8.2M
Net Calls
+$3.67M
Net Calls Change
+$7.72M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$134M -$748K -34,800 -0.6%
BFA
2
BlackRock Fund Advisors
California
$134M +$6.02M +280,348 +5%
Citadel Advisors
3
Citadel Advisors
Florida
$111M +$47.6M +2,216,586 +75%
Vanguard Group
4
Vanguard Group
Pennsylvania
$87.2M +$3.01M +140,202 +4%
AllianceBernstein
5
AllianceBernstein
Tennessee
$70.3M -$800K -37,254 -1%
Goldman Sachs
6
Goldman Sachs
New York
$48.3M +$5.76M +267,970 +14%
Fisher Asset Management
7
Fisher Asset Management
Washington
$46.9M +$46.9M +2,183,440 New
BIT
8
BlackRock Institutional Trust
California
$40.5M +$805K +37,456 +2%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$36.3M -$1.85M -86,008 -5%
Macquarie Group
10
Macquarie Group
Australia
$33.9M +$5.65M +262,928 +20%
Northern Trust
11
Northern Trust
Illinois
$33.6M +$2.73M +127,028 +9%
SCM
12
Schneider Capital Management
Pennsylvania
$30.3M -$2.15M -99,960 -7%
AIM
13
Assured Investment Management
New York
$30.2M +$16.1M +747,114 +114%
State Street
14
State Street
Massachusetts
$29.7M +$728K +33,870 +3%
MCM
15
Munder Capital Management
Michigan
$24.7M +$1.41M +65,524 +6%
CCI
16
Columbus Circle Investors
$23.6M -$3.65K -170 -0%
IAM
17
Impala Asset Management
Florida
$19.1M +$9.76M +454,234 +104%
NCGI
18
Next Century Growth Investors
Minnesota
$18.3M -$25.6M -1,190,384 -58%
SPC
19
Standard Pacific Capital
California
$18.3M -$4.54M -211,180 -20%
TI
20
Turner Investments
Pennsylvania
$17.8M -$27.9K -1,300 -0.2%
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$15.3M +$885K +41,214 +6%
CGM
22
Capital Growth Management
Massachusetts
$14.8M
Norges Bank
23
Norges Bank
Norway
$14.1M
Bank of New York Mellon
24
Bank of New York Mellon
New York
$14M -$19.8M -922,746 -59%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$13.6M -$418K -19,440 -3%

MTH Hedge Fund Activity: Q3 2013 in Review

149 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2013, worth a combined $1.34B — down 3% from $1.38B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of MTH and 19 opened new positions — a net loss of 16 holders — while 43 trimmed existing stakes and 71 added.

The largest buyer was Citadel Advisors, adding an estimated $47.6M. The largest seller was Ranger Investment Management, exiting entirely with an estimated $44.2M sold.

  • 149 institutional investors held Meritage Homes (MTH) as of Q3 2013, down from 167 in Q2 2013.
  • Funds reported $1.34B of Meritage Homes stock for Q3 2013, down 3% quarter-over-quarter.
  • 19 funds opened new Meritage Homes positions in Q3 2013 and 35 closed out, a net change of -16 holders.
  • The largest Meritage Homes buyer in Q3 2013 was Citadel Advisors, an estimated $47.6M added.
  • The largest Meritage Homes seller in Q3 2013 was Ranger Investment Management, an estimated $44.2M sold.

Based on aggregated 13F filings for Q3 2013.