Meritage Homes
MTH
212 hedge funds and large institutions have $1.68B invested in Meritage Homes in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 79 increasing their positions, 59 reducing their positions, and 16 closing their positions.
94% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 16
34% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 59
6% more funds holding
Funds holding: 200 → 212 (+12)
0.25% less ownership
Funds ownership: 188.07% → 187.83% (-0.25%)
3% less capital invested
Capital invested by funds: $1.73B → $1.68B (-$51.1M)
33% less call options, than puts
Call options by funds: $2.3M | Put options by funds: $3.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$22.1M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$15.4M |
| 3 |
BlackRock
New York
|
+$14M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$10.9M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$7.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.4M |
| 2 |
Millennium Management
New York
|
-$16.1M |
| 3 |
Renaissance Technologies
New York
|
-$13.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$7.85M |
MTH Hedge Fund Activity: Q2 2018 in Review
212 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q2 2018, worth a combined $1.68B — down 3% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new MTH positions and 16 closed out — a net gain of 15 holders — while 79 added to existing stakes and 59 trimmed.
The largest buyer was Prudential Financial, adding an estimated $22.1M. The largest seller was Fidelity Investments, cutting an estimated $55.4M.
- 212 institutional investors held Meritage Homes (MTH) as of Q2 2018, up from 200 in Q1 2018.
- Funds reported $1.68B of Meritage Homes stock for Q2 2018, down 3% quarter-over-quarter.
- 31 funds opened new Meritage Homes positions in Q2 2018 and 16 closed out, a net change of +15 holders.
- The largest Meritage Homes buyer in Q2 2018 was Prudential Financial, an estimated $22.1M added.
- The largest Meritage Homes seller in Q2 2018 was Fidelity Investments, an estimated $55.4M sold.
Based on aggregated 13F filings for Q2 2018.