Meritage Homes
MTH
154 hedge funds and large institutions have $1.42B invested in Meritage Homes in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 51 reducing their positions, and 16 closing their positions.
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
12% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 51
3% more funds holding
Funds holding: 149 → 154 (+5)
2% more capital invested
Capital invested by funds: $1.39B → $1.42B (+$24.8M)
12.59% less ownership
Funds ownership: 206.2% → 193.61% (-13%)
66% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $35.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$19.5M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$6.71M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$6.12M |
| 4 |
JP Morgan Chase
New York
|
+$4.99M |
| 5 |
Millennium Management
New York
|
+$4.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$32.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.5M |
| 3 |
TGA
Trilogy Global Advisors
Winter Park,
Florida
|
-$15.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$12.4M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$9.26M |
MTH Hedge Fund Activity: Q1 2016 in Review
154 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q1 2016, worth a combined $1.42B — up 1.8% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MTH positions and 16 closed out — a net gain of 5 holders — while 57 added to existing stakes and 51 trimmed.
The largest buyer was Prudential Financial, adding an estimated $19.5M. The largest seller was Citadel Advisors, cutting an estimated $32.7M.
- 154 institutional investors held Meritage Homes (MTH) as of Q1 2016, up from 149 in Q4 2015.
- Funds reported $1.42B of Meritage Homes stock for Q1 2016, up 1.8% quarter-over-quarter.
- 21 funds opened new Meritage Homes positions in Q1 2016 and 16 closed out, a net change of +5 holders.
- The largest Meritage Homes buyer in Q1 2016 was Prudential Financial, an estimated $19.5M added.
- The largest Meritage Homes seller in Q1 2016 was Citadel Advisors, an estimated $32.7M sold.
Based on aggregated 13F filings for Q1 2016.