Meritage Homes
159 hedge funds and large institutions have $1.69B invested in Meritage Homes in 2017 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 49 reducing their positions, and 21 closing their positions.
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
15% more capital invested
Capital invested by funds: $1.47B → $1.69B (+$216M)
3% more funds holding
Funds holding: 154 → 159 (+5)
6% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 49
0.68% more ownership
Funds ownership: 197.67% → 198.35% (+0.68%)
46% less call options, than puts
Call options by funds: $10.8M | Put options by funds: $20M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$22.1M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$13.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.73M |
| 4 |
D.E. Shaw & Co
New York
|
+$5.08M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.2M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.18M |
| 4 |
Sanders Capital
West Palm Beach,
Florida
|
-$5.59M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$4.46M |
MTH Hedge Fund Activity: Q2 2017 in Review
159 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q2 2017, worth a combined $1.69B — up 15% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new MTH positions and 21 closed out — a net gain of 5 holders — while 52 added to existing stakes and 49 trimmed.
The largest buyer was Millennium Management, adding an estimated $22.1M. The largest seller was Fidelity Investments, cutting an estimated $25.3M.
- 159 institutional investors held Meritage Homes (MTH) as of Q2 2017, up from 154 in Q1 2017.
- Funds reported $1.69B of Meritage Homes stock for Q2 2017, up 15% quarter-over-quarter.
- 26 funds opened new Meritage Homes positions in Q2 2017 and 21 closed out, a net change of +5 holders.
- The largest Meritage Homes buyer in Q2 2017 was Millennium Management, an estimated $22.1M added.
- The largest Meritage Homes seller in Q2 2017 was Fidelity Investments, an estimated $25.3M sold.
Based on aggregated 13F filings for Q2 2017.