Meritage Homes
146 hedge funds and large institutions have $1.41B invested in Meritage Homes in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 61 increasing their positions, 41 reducing their positions, and 13 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 41
0% more funds holding
Funds holding: 146 → 146 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
0.53% less ownership
Funds ownership: 203.48% → 202.95% (-0.53%)
8% less capital invested
Capital invested by funds: $1.53B → $1.41B (-$123M)
72% less call options, than puts
Call options by funds: $9.07M | Put options by funds: $32.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.3M |
| 2 |
Millennium Management
New York
|
+$17.5M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$11.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$11.1M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$9.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$66.8M |
| 2 |
LPC
Long Pond Capital
New York
|
-$16.7M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$12.5M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$11M |
| 5 |
JP Morgan Chase
New York
|
-$3.32M |
MTH Hedge Fund Activity: Q3 2016 in Review
146 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2016, worth a combined $1.41B — down 8% from $1.53B a quarter earlier.
Fund positioning in MTH was balanced in Q3 2016: 13 funds opened new positions, 13 closed out, 61 added to existing stakes and 41 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $33.3M. The largest seller was AllianceBernstein, cutting an estimated $66.8M.
- 146 institutional investors held Meritage Homes (MTH) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $1.41B of Meritage Homes stock for Q3 2016, down 8% quarter-over-quarter.
- 13 funds opened new Meritage Homes positions in Q3 2016 and 13 closed out, a net change of 0 holders.
- The largest Meritage Homes buyer in Q3 2016 was Fidelity Investments, an estimated $33.3M added.
- The largest Meritage Homes seller in Q3 2016 was AllianceBernstein, an estimated $66.8M sold.
Based on aggregated 13F filings for Q3 2016.