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Meritage Homes

156 hedge funds and large institutions have $2.06B invested in Meritage Homes in 2015 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 49 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more call options, than puts

Call options by funds: $13.9M | Put options by funds: $6.23M

37% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 49

10% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 20

1% more funds holding

Funds holding: 154156 (+2)

4% less capital invested

Capital invested by funds: $2.15B → $2.06B (-$95M)

2.9% less ownership

Funds ownership: 223.64%220.74% (-2.9%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
156
Holders Change
+2
Holders Change %
+1.3%
% of All Funds
4.2%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
22
Increased
67
Reduced
49
Closed
20
Calls
$13.9M
Puts
$6.23M
Net Calls
+$7.71M
Net Calls Change
-$38.2M
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$164M -$1.15M -50,768 -0.7%
Sanders Capital
2
Sanders Capital
Florida
$152M -$3.66M -162,180 -2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$137M +$9.04M +400,000 +7%
Citadel Advisors
4
Citadel Advisors
Florida
$130M -$27.7M -1,224,678 -18%
Vanguard Group
5
Vanguard Group
Pennsylvania
$121M +$3.72M +164,614 +3%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$119M +$23.9M +1,056,302 +26%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$119M -$11.9M -525,740 -9%
AllianceBernstein
8
AllianceBernstein
Tennessee
$92.2M -$13.1M -578,368 -13%
Fisher Asset Management
9
Fisher Asset Management
Washington
$82.7M +$18.9M +836,510 +31%
IAM
10
Impala Asset Management
Florida
$74.7M +$15.1M +666,498 +27%
EARNEST Partners
11
EARNEST Partners
Georgia
$74M +$187K +8,284 +0.3%
Macquarie Group
12
Macquarie Group
Australia
$65.6M -$473K -20,914 -0.7%
SDIC
13
South Dakota Investment Council
South Dakota
$50.8M -$19.4K -860 -0%
BIT
14
BlackRock Institutional Trust
California
$44.4M -$2.09M -92,534 -5%
RFC
15
Russell Frank Company
Washington
$40.4M +$3.4M +150,314 +10%
Goldman Sachs
16
Goldman Sachs
New York
$38.1M -$2.22M -98,198 -6%
State Street
17
State Street
Massachusetts
$35M +$207K +9,184 +0.6%
Northern Trust
18
Northern Trust
Illinois
$34.6M -$686K -30,360 -2%
ESCM
19
Echo Street Capital Management
New York
$25.2M -$1.15M -50,718 -5%
GT
20
Glenmede Trust
Pennsylvania
$22.8M +$21.8M +966,660 New
NCGI
21
Next Century Growth Investors
Minnesota
$22.7M +$7.95M +351,770 +58%
Norges Bank
22
Norges Bank
Norway
$21.8M +$9.29M +411,184 +80%
CP
23
Covalent Partners
Massachusetts
$20.8M +$5.23M +231,400 +36%
Victory Capital Management
24
Victory Capital Management
Texas
$19.6M -$3.22M -142,398 -15%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$18.8M +$280K +12,406 +2%

MTH Hedge Fund Activity: Q2 2015 in Review

156 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q2 2015, worth a combined $2.06B — down 4.4% from $2.15B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new MTH positions and 20 closed out — a net gain of 2 holders — while 67 added to existing stakes and 49 trimmed.

The largest buyer was Dimensional Fund Advisors, adding an estimated $23.9M. The largest seller was Millennium Management, exiting entirely with an estimated $30.6M sold.

  • 156 institutional investors held Meritage Homes (MTH) as of Q2 2015, up from 154 in Q1 2015.
  • Funds reported $2.06B of Meritage Homes stock for Q2 2015, down 4.4% quarter-over-quarter.
  • 22 funds opened new Meritage Homes positions in Q2 2015 and 20 closed out, a net change of +2 holders.
  • The largest Meritage Homes buyer in Q2 2015 was Dimensional Fund Advisors, an estimated $23.9M added.
  • The largest Meritage Homes seller in Q2 2015 was Millennium Management, an estimated $30.6M sold.

Based on aggregated 13F filings for Q2 2015.