Meritage Homes
348 hedge funds and large institutions have $4.4B invested in Meritage Homes in 2023 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 113 increasing their positions, 129 reducing their positions, and 42 closing their positions.
38% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 42
4% more funds holding
Funds holding: 335 → 348 (+13)
3.73% less ownership
Funds ownership: 101.11% → 97.38% (-3.7%)
12% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 129
37% less capital inflows, than outflows
Capital inflows: $320M | Capital outflows: $507M
50% less call options, than puts
Call options by funds: $14.2M | Put options by funds: $28.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$24.2M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$22.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$20.1M |
| 5 |
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$34.4M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
-$30.2M |
| 3 |
Echo Street Capital Management
New York
|
-$27.5M |
| 4 |
Vaughan Nelson Investment Management
Houston,
Texas
|
-$23.5M |
| 5 |
BlackRock
New York
|
-$23.2M |
MTH Hedge Fund Activity: Q3 2023 in Review
348 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Meritage Homes (MTH) for Q3 2023, worth a combined $4.4B — down 17% from $5.29B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new MTH positions and 42 closed out — a net gain of 16 holders — while 113 added to existing stakes and 129 trimmed.
The largest buyer was Artemis Investment Management, opening a new position worth an estimated $24.2M. The largest seller was Victory Capital Management, cutting an estimated $34.4M.
- 348 institutional investors held Meritage Homes (MTH) as of Q3 2023, up from 335 in Q2 2023.
- Funds reported $4.4B of Meritage Homes stock for Q3 2023, down 17% quarter-over-quarter.
- 58 funds opened new Meritage Homes positions in Q3 2023 and 42 closed out, a net change of +16 holders.
- The largest Meritage Homes buyer in Q3 2023 was Artemis Investment Management, an estimated $24.2M added.
- The largest Meritage Homes seller in Q3 2023 was Victory Capital Management, an estimated $34.4M sold.
Based on aggregated 13F filings for Q3 2023.