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Meritage Homes

154 hedge funds and large institutions have $2.15B invested in Meritage Homes in 2015 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 62 increasing their positions, 42 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

149% more call options, than puts

Call options by funds: $76.6M | Put options by funds: $30.7M

49% more capital invested

Capital invested by funds: $1.45B → $2.15B (+$706M)

48% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 42

35% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 23

17.88% more ownership

Funds ownership: 205.76%223.64% (+18%)

4% more funds holding

Funds holding: 148154 (+6)

Holders
154
Holders Change
+6
Holders Change %
+4.05%
% of All Funds
4.1%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.08%
New
31
Increased
62
Reduced
42
Closed
23
Calls
$76.6M
Puts
$30.7M
Net Calls
+$45.9M
Net Calls Change
-$466K
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$171M +$18.6M +920,576 +15%
Citadel Advisors
2
Citadel Advisors
Florida
$164M +$31.5M +1,559,062 +30%
Sanders Capital
3
Sanders Capital
Florida
$161M -$2.08M -102,800 -2%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$136M -$7.87M -389,260 -7%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$131M +$86M +4,254,688 +371%
Vanguard Group
6
Vanguard Group
Pennsylvania
$121M +$7.21M +356,740 +8%
AllianceBernstein
7
AllianceBernstein
Tennessee
$109M -$6.92M -342,608 -7%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$97.7M +$20.6M +1,021,150 +34%
EARNEST Partners
9
EARNEST Partners
Georgia
$76.2M -$5.77M -285,332 -8%
Macquarie Group
10
Macquarie Group
Australia
$68.3M +$488K +24,162 +0.9%
Fisher Asset Management
11
Fisher Asset Management
Washington
$65M -$584K -28,886 -1%
IAM
12
Impala Asset Management
Florida
$60.9M +$50.6M +2,506,072 New
SDIC
13
South Dakota Investment Council
South Dakota
$52.5M +$970K +48,000 +2%
BIT
14
BlackRock Institutional Trust
California
$48.1M +$425K +21,042 +1%
Goldman Sachs
15
Goldman Sachs
New York
$41.7M -$4.49M -222,386 -11%
RFC
16
Russell Frank Company
Washington
$38.1M -$1.86M -92,062 -6%
Northern Trust
17
Northern Trust
Illinois
$36.5M +$305K +15,098 +1%
Neuberger Berman Group
18
Neuberger Berman Group
New York
$36.3M +$4.62M +228,634 +18%
State Street
19
State Street
Massachusetts
$35.9M +$698K +34,550 +2%
Millennium Management
20
Millennium Management
New York
$30.6M -$166K -8,208 -0.6%
ESCM
21
Echo Street Capital Management
New York
$27.2M -$19.4M -958,630 -46%
Victory Capital Management
22
Victory Capital Management
Texas
$23.7M +$2.46M +121,702 +14%
GA
23
GRS Advisors
Illinois
$23.1M +$19.2M +950,200 New
Bank of New York Mellon
24
Bank of New York Mellon
New York
$19.1M +$19K +942 +0.1%
New York State Common Retirement Fund
25
New York State Common Retirement Fund
New York
$17.3M

MTH Hedge Fund Activity: Q1 2015 in Review

154 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q1 2015, worth a combined $2.15B — up 49% from $1.45B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new MTH positions and 23 closed out — a net gain of 8 holders — while 62 added to existing stakes and 42 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $86M. The largest seller was Assured Investment Management, exiting entirely with an estimated $32.6M sold.

  • 154 institutional investors held Meritage Homes (MTH) as of Q1 2015, up from 148 in Q4 2014.
  • Funds reported $2.15B of Meritage Homes stock for Q1 2015, up 49% quarter-over-quarter.
  • 31 funds opened new Meritage Homes positions in Q1 2015 and 23 closed out, a net change of +8 holders.
  • The largest Meritage Homes buyer in Q1 2015 was Fidelity Investments, an estimated $86M added.
  • The largest Meritage Homes seller in Q1 2015 was Assured Investment Management, an estimated $32.6M sold.

Based on aggregated 13F filings for Q1 2015.