Meritage Homes
MTH
191 hedge funds and large institutions have $1.37B invested in Meritage Homes in 2018 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 57 reducing their positions, and 37 closing their positions.
70% more call options, than puts
Call options by funds: $1.66M | Put options by funds: $980K
19% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 57
4% less funds holding
Funds holding: 199 → 191 (-8)
5.73% less ownership
Funds ownership: 191.81% → 186.08% (-5.7%)
12% less capital invested
Capital invested by funds: $1.56B → $1.37B (-$190M)
19% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 37
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.3M |
| 2 |
Goldman Sachs
New York
|
+$13.9M |
| 3 |
Morgan Stanley
New York
|
+$13M |
| 4 |
RP
RR Partners
New York
|
+$9.23M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
+$7.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$28M |
| 2 |
Sanders Capital
West Palm Beach,
Florida
|
-$23.3M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$21.8M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$17.8M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$11.3M |
MTH Hedge Fund Activity: Q4 2018 in Review
191 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q4 2018, worth a combined $1.37B — down 12% from $1.56B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of MTH and 30 opened new positions — a net loss of 7 holders — while 57 trimmed existing stakes and 68 added.
The largest buyer was Fidelity Investments, adding an estimated $18.3M. The largest seller was Long Pond Capital, exiting entirely with an estimated $28M sold.
- 191 institutional investors held Meritage Homes (MTH) as of Q4 2018, down from 199 in Q3 2018.
- Funds reported $1.37B of Meritage Homes stock for Q4 2018, down 12% quarter-over-quarter.
- 30 funds opened new Meritage Homes positions in Q4 2018 and 37 closed out, a net change of -7 holders.
- The largest Meritage Homes buyer in Q4 2018 was Fidelity Investments, an estimated $18.3M added.
- The largest Meritage Homes seller in Q4 2018 was Long Pond Capital, an estimated $28M sold.
Based on aggregated 13F filings for Q4 2018.