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Meritage Homes

152 hedge funds and large institutions have $1.54B invested in Meritage Homes in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 61 increasing their positions, 43 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

386% more call options, than puts

Call options by funds: $36.2M | Put options by funds: $7.45M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

42% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 43

16% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 25

15% more capital invested

Capital invested by funds: $1.34B → $1.54B (+$205M)

5.4% more ownership

Funds ownership: 172.39%177.79% (+5.4%)

2% more funds holding

Funds holding: 149152 (+3)

Holders
152
Holders Change
+3
Holders Change %
+2.01%
% of All Funds
4.41%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
29
Increased
61
Reduced
43
Closed
25
Calls
$36.2M
Puts
$7.45M
Net Calls
+$28.7M
Net Calls Change
+$25.1M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$148M -$1.44M -66,260 -1%
BFA
2
BlackRock Fund Advisors
California
$145M -$4.38M -202,036 -3%
Citadel Advisors
3
Citadel Advisors
Florida
$112M -$10.8M -499,086 -10%
Vanguard Group
4
Vanguard Group
Pennsylvania
$102M +$3.92M +180,896 +4%
EARNEST Partners
5
EARNEST Partners
Georgia
$88.1M +$79.5M +3,670,594 New
AllianceBernstein
6
AllianceBernstein
Tennessee
$79.5M +$873K +40,300 +1%
Goldman Sachs
7
Goldman Sachs
New York
$66.4M +$11.2M +518,698 +23%
Fisher Asset Management
8
Fisher Asset Management
Washington
$52M -$353K -16,300 -0.7%
BIT
9
BlackRock Institutional Trust
California
$45.3M +$28.1K +1,298 +0.1%
Macquarie Group
10
Macquarie Group
Australia
$42.3M +$3.99M +184,214 +12%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$41.2M +$594K +27,404 +2%
Northern Trust
12
Northern Trust
Illinois
$37.5M +$43 +2 +0%
AIM
13
Assured Investment Management
New York
$33.7M
State Street
14
State Street
Massachusetts
$33.5M +$302K +13,936 +1%
MCM
15
Munder Capital Management
Michigan
$28.5M +$846K +39,056 +3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$19.2M +$3.22M +148,772 +23%
TI
17
Turner Investments
Pennsylvania
$18.5M -$1.28M -58,986 -7%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$17.8M +$2.33M +107,376 +17%
New York State Common Retirement Fund
19
New York State Common Retirement Fund
New York
$17.1M
CGM
20
Capital Growth Management
Massachusetts
$16.6M
Barclays
21
Barclays
United Kingdom
$16.2M +$13.9M +641,594 +1,398%
SCM
22
Schneider Capital Management
Pennsylvania
$15.9M -$16.2M -746,570 -53%
Norges Bank
23
Norges Bank
Norway
$15.8M
CS
24
Credit Suisse
Switzerland
$13.7M +$5.83M +269,278 +90%
KCM
25
Kennedy Capital Management
Missouri
$13.7M +$10.4M +477,694 +521%

MTH Hedge Fund Activity: Q4 2013 in Review

152 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2013, worth a combined $1.54B — up 15% from $1.34B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new MTH positions and 25 closed out — a net gain of 4 holders — while 61 added to existing stakes and 43 trimmed.

The largest buyer was EARNEST Partners, opening a new position worth an estimated $79.5M. The largest seller was Columbus Circle Investors, exiting entirely with an estimated $23.6M sold.

  • 152 institutional investors held Meritage Homes (MTH) as of Q4 2013, up from 149 in Q3 2013.
  • Funds reported $1.54B of Meritage Homes stock for Q4 2013, up 15% quarter-over-quarter.
  • 29 funds opened new Meritage Homes positions in Q4 2013 and 25 closed out, a net change of +4 holders.
  • The largest Meritage Homes buyer in Q4 2013 was EARNEST Partners, an estimated $79.5M added.
  • The largest Meritage Homes seller in Q4 2013 was Columbus Circle Investors, an estimated $23.6M sold.

Based on aggregated 13F filings for Q4 2013.