Meritage Homes
MTH
146 hedge funds and large institutions have $1.53B invested in Meritage Homes in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 22 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 47
9.86% more ownership
Funds ownership: 193.61% → 203.48% (+9.9%)
8% more capital invested
Capital invested by funds: $1.42B → $1.53B (+$116M)
5% less funds holding
Funds holding: 154 → 146 (-8)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
64% less call options, than puts
Call options by funds: $12.9M | Put options by funds: $35.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$67.8M |
| 2 |
LPC
Long Pond Capital
New York
|
+$21.7M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$16.1M |
| 4 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$6.83M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$5.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.8M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$8.88M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$8.34M |
| 4 |
Sanders Capital
West Palm Beach,
Florida
|
-$6.35M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$2.57M |
MTH Hedge Fund Activity: Q2 2016 in Review
146 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q2 2016, worth a combined $1.53B — up 8.2% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of MTH and 16 opened new positions — a net loss of 6 holders — while 47 trimmed existing stakes and 52 added.
The largest buyer was Fidelity Investments, adding an estimated $67.8M. The largest seller was Balyasny Asset Management, cutting an estimated $11.8M.
- 146 institutional investors held Meritage Homes (MTH) as of Q2 2016, down from 154 in Q1 2016.
- Funds reported $1.53B of Meritage Homes stock for Q2 2016, up 8.2% quarter-over-quarter.
- 16 funds opened new Meritage Homes positions in Q2 2016 and 22 closed out, a net change of -6 holders.
- The largest Meritage Homes buyer in Q2 2016 was Fidelity Investments, an estimated $67.8M added.
- The largest Meritage Homes seller in Q2 2016 was Balyasny Asset Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q2 2016.