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Meritage Homes

148 hedge funds and large institutions have $1.39B invested in Meritage Homes in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 63 increasing their positions, 44 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 44

6% less funds holding

Funds holding: 157148 (-9)

8.03% less ownership

Funds ownership: 214.25%206.22% (-8%)

10% less capital invested

Capital invested by funds: $1.55B → $1.39B (-$161M)

28% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 25

66% less call options, than puts

Call options by funds: $7.21M | Put options by funds: $20.9M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
148
Holders Change
-9
Holders Change %
-5.73%
% of All Funds
3.88%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
63
Reduced
44
Closed
25
Calls
$7.21M
Puts
$20.9M
Net Calls
-$13.7M
Net Calls Change
+$7.23M
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$121M +$5.94M +324,700 +5%
Sanders Capital
2
Sanders Capital
Florida
$119M +$8.74M +477,800 +7%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$114M +$12.3M +671,352 +11%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$111M +$3.19M +174,484 +3%
Vanguard Group
5
Vanguard Group
Pennsylvania
$95.8M +$1.83M +99,868 +2%
AllianceBernstein
6
AllianceBernstein
Tennessee
$68.4M +$1.54M +84,280 +2%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$66.1M +$1.27M +69,320 +2%
Fisher Asset Management
8
Fisher Asset Management
Washington
$58.2M +$404K +22,078 +0.6%
Macquarie Group
9
Macquarie Group
Australia
$54.3M +$6.73M +367,896 +13%
EARNEST Partners
10
EARNEST Partners
Georgia
$50.4M -$1.71M -93,296 -3%
Citadel Advisors
11
Citadel Advisors
Florida
$36.3M -$22.8M -1,246,846 -37%
SDIC
12
South Dakota Investment Council
South Dakota
$35.1M
BIT
13
BlackRock Institutional Trust
California
$32.1M +$684K +37,382 +2%
RFC
14
Russell Frank Company
Washington
$29M -$391K -21,404 -1%
Northern Trust
15
Northern Trust
Illinois
$27M +$185K +10,126 +0.6%
Goldman Sachs
16
Goldman Sachs
New York
$26.6M -$2.14M -117,136 -7%
State Street
17
State Street
Massachusetts
$25.7M +$217K +11,874 +0.8%
Norges Bank
18
Norges Bank
Norway
$20.6M +$5.21M +284,852 +31%
Deutsche Bank
19
Deutsche Bank
Germany
$16M +$12.5M +685,132 +265%
NCGI
20
Next Century Growth Investors
Minnesota
$16M -$1.4M -76,446 -8%
LSV Asset Management
21
LSV Asset Management
Illinois
$15.7M +$1.77M +96,800 +12%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$15.4M -$186K -10,190 -1%
TGA
23
Trilogy Global Advisors
Florida
$15.2M +$1.54M +84,238 +10%
Balyasny Asset Management
24
Balyasny Asset Management
Illinois
$14.1M -$7.37M -402,938 -33%
ESCM
25
Echo Street Capital Management
New York
$14.1M -$9.44M -516,118 -38%

MTH Hedge Fund Activity: Q4 2015 in Review

148 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2015, worth a combined $1.39B — down 10% from $1.55B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of MTH and 18 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 63 added.

The largest buyer was Deutsche Bank, adding an estimated $12.5M. The largest seller was Citadel Advisors, cutting an estimated $22.8M.

  • 148 institutional investors held Meritage Homes (MTH) as of Q4 2015, down from 157 in Q3 2015.
  • Funds reported $1.39B of Meritage Homes stock for Q4 2015, down 10% quarter-over-quarter.
  • 18 funds opened new Meritage Homes positions in Q4 2015 and 25 closed out, a net change of -7 holders.
  • The largest Meritage Homes buyer in Q4 2015 was Deutsche Bank, an estimated $12.5M added.
  • The largest Meritage Homes seller in Q4 2015 was Citadel Advisors, an estimated $22.8M sold.

Based on aggregated 13F filings for Q4 2015.