Meritage Homes
154 hedge funds and large institutions have $1.47B invested in Meritage Homes in 2017 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 61 increasing their positions, 40 reducing their positions, and 12 closing their positions.
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
53% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 40
6% more capital invested
Capital invested by funds: $1.39B → $1.47B (+$78.2M)
5% more funds holding
Funds holding: 146 → 154 (+8)
2.11% less ownership
Funds ownership: 199.78% → 197.67% (-2.1%)
49% less call options, than puts
Call options by funds: $8.63M | Put options by funds: $16.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$192M |
| 2 |
Millennium Management
New York
|
+$14.8M |
| 3 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$11.3M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$6.32M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$35.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$8.38M |
| 4 |
ECM
Element Capital Management
New York
|
-$7.96M |
| 5 |
Morgan Stanley
New York
|
-$6.75M |
MTH Hedge Fund Activity: Q1 2017 in Review
154 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q1 2017, worth a combined $1.47B — up 5.6% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new MTH positions and 12 closed out — a net gain of 14 holders — while 61 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock, adding an estimated $192M. The largest seller was T. Rowe Price Associates, cutting an estimated $35.9M.
- 154 institutional investors held Meritage Homes (MTH) as of Q1 2017, up from 146 in Q4 2016.
- Funds reported $1.47B of Meritage Homes stock for Q1 2017, up 5.6% quarter-over-quarter.
- 26 funds opened new Meritage Homes positions in Q1 2017 and 12 closed out, a net change of +14 holders.
- The largest Meritage Homes buyer in Q1 2017 was BlackRock, an estimated $192M added.
- The largest Meritage Homes seller in Q1 2017 was T. Rowe Price Associates, an estimated $35.9M sold.
Based on aggregated 13F filings for Q1 2017.