Meritage Homes
269 hedge funds and large institutions have $2.68B invested in Meritage Homes in 2019 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 79 increasing their positions, 70 reducing their positions, and 20 closing their positions.
320% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 20
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
31% more funds holding
Funds holding: 205 → 269 (+64)
26% more capital inflows, than outflows
Capital inflows: $397M | Capital outflows: $314M
13% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 70
3.22% more ownership
Funds ownership: 96.23% → 99.45% (+3.2%)
30% less call options, than puts
Call options by funds: $4.83M | Put options by funds: $6.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Growth Management
Boston,
Massachusetts
|
+$64.9M |
| 2 |
JP Morgan Chase
New York
|
+$37M |
| 3 |
Man Group
London,
United Kingdom
|
+$21.2M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$17.2M |
| 5 |
Morgan Stanley
New York
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$60.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$50.8M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
-$46.7M |
| 4 |
Echo Street Capital Management
New York
|
-$38.8M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$25.1M |
MTH Hedge Fund Activity: Q3 2019 in Review
269 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2019, worth a combined $2.68B — up 42% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new MTH positions and 20 closed out — a net gain of 64 holders — while 79 added to existing stakes and 70 trimmed.
The largest buyer was Capital Growth Management, opening a new position worth an estimated $64.9M. The largest seller was Macquarie Group, cutting an estimated $60.4M.
- 269 institutional investors held Meritage Homes (MTH) as of Q3 2019, up from 205 in Q2 2019.
- Funds reported $2.68B of Meritage Homes stock for Q3 2019, up 42% quarter-over-quarter.
- 84 funds opened new Meritage Homes positions in Q3 2019 and 20 closed out, a net change of +64 holders.
- The largest Meritage Homes buyer in Q3 2019 was Capital Growth Management, an estimated $64.9M added.
- The largest Meritage Homes seller in Q3 2019 was Macquarie Group, an estimated $60.4M sold.
Based on aggregated 13F filings for Q3 2019.