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Meritage Homes

184 hedge funds and large institutions have $1.97B invested in Meritage Homes in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 60 increasing their positions, 51 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

213% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 15

29% more call options, than puts

Call options by funds: $4.88M | Put options by funds: $3.79M

19% more funds holding

Funds holding: 154184 (+30)

18% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 51

7% more capital invested

Capital invested by funds: $1.84B → $1.97B (+$128M)

14.9% less ownership

Funds ownership: 205.41%190.51% (-15%)

Holders
184
Holders Change
+30
Holders Change %
+19.48%
% of All Funds
4.17%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
47
Increased
60
Reduced
51
Closed
15
Calls
$4.88M
Puts
$3.79M
Net Calls
+$1.09M
Net Calls Change
-$2.48M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$286M +$8.74M +352,540 +3%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$188M -$40M -1,613,760 -18%
Vanguard Group
3
Vanguard Group
Pennsylvania
$175M +$1.31M +52,756 +0.8%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$172M
EARNEST Partners
5
EARNEST Partners
Georgia
$107M +$16.2M +654,826 +19%
Fisher Asset Management
6
Fisher Asset Management
Washington
$86.8M -$505K -20,370 -0.6%
Macquarie Group
7
Macquarie Group
Australia
$80.9M -$7.01M -282,632 -8%
Sanders Capital
8
Sanders Capital
Florida
$78.5M -$81.5M -3,290,200 -52%
Millennium Management
9
Millennium Management
New York
$78M +$6.03M +243,344 +9%
State Street
10
State Street
Massachusetts
$51.9M +$2.17M +87,402 +5%
Northern Trust
11
Northern Trust
Illinois
$43.2M -$475K -19,170 -1%
SDIC
12
South Dakota Investment Council
South Dakota
$36.3M -$12.5M -505,122 -26%
ESCM
13
Echo Street Capital Management
New York
$33.3M -$13.3M -536,460 -29%
Goldman Sachs
14
Goldman Sachs
New York
$31.5M +$1.3M +52,560 +4%
EA
15
Emerald Advisers
Pennsylvania
$25.9M -$149K -6,000 -0.6%
New York State Common Retirement Fund
16
New York State Common Retirement Fund
New York
$25.6M +$2.92M +117,924 +13%
LSV Asset Management
17
LSV Asset Management
Illinois
$24.8M -$94.2K -3,800 -0.4%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$24.7M -$1.56M -63,064 -6%
Citadel Advisors
19
Citadel Advisors
Florida
$24M +$7.57M +305,302 +48%
EMFAT
20
Emerald Mutual Fund Advisers Trust
Pennsylvania
$20.8M +$342K +13,800 +2%
Balyasny Asset Management
21
Balyasny Asset Management
Illinois
$16.7M -$7.81M -315,292 -33%
RCG
22
Ruane, Cunniff & Goldfarb
New York
$16.1M
Geode Capital Management
23
Geode Capital Management
Massachusetts
$15.8M -$365K -14,714 -2%
Invesco
24
Invesco
Georgia
$15.8M +$11.8K +476 +0.1%
Principal Financial Group
25
Principal Financial Group
Iowa
$14.7M -$195K -7,852 -1%

MTH Hedge Fund Activity: Q4 2017 in Review

184 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2017, worth a combined $1.97B — up 7% from $1.84B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new MTH positions and 15 closed out — a net gain of 32 holders — while 60 added to existing stakes and 51 trimmed.

The largest buyer was EARNEST Partners, adding an estimated $16.2M. The largest seller was Sanders Capital, cutting an estimated $81.5M.

  • 184 institutional investors held Meritage Homes (MTH) as of Q4 2017, up from 154 in Q3 2017.
  • Funds reported $1.97B of Meritage Homes stock for Q4 2017, up 7% quarter-over-quarter.
  • 47 funds opened new Meritage Homes positions in Q4 2017 and 15 closed out, a net change of +32 holders.
  • The largest Meritage Homes buyer in Q4 2017 was EARNEST Partners, an estimated $16.2M added.
  • The largest Meritage Homes seller in Q4 2017 was Sanders Capital, an estimated $81.5M sold.

Based on aggregated 13F filings for Q4 2017.