AMERICAN HOMES 4 RENT AMH
CL A · REIT · CUSIP 02665T306 · ISIN US02665T3068
American real estate investment firm
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersLas Vegas, NV
- Founded2012
- Websiteamericanhomes4rent.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($7.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $33.69. Options: 7 managers hold calls ($25.8m notional), 4 hold puts ($1.0m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 382 |
| Q4 2022 | 373 |
| Q1 2023 | 357 |
| Q2 2023 | 378 |
| Q3 2023 | 386 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 197 | 162 |
| Q1 2023 | 170 | 175 |
| Q2 2023 | 194 | 162 |
| Q3 2023 | 216 | 145 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $1.3m | $678.1k | 0.50 |
| Q1 2023 | $12.2m | $1.2m | 0.10 |
| Q2 2023 | $764.7k | $885.5k | 1.16 |
| Q3 2023 | $25.8m | $1.0m | 0.04 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +4.8m |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Added | +3.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.7m |
| Waterfront Capital Partners, LLC | New | +1.6m |
| VANGUARD GROUP INC | Added | +1.0m |
| 59 North Capital Management, LP | Added | +804.2k |
| APG Asset Management US Inc. | New | +663.9k |
| Russell Investments Group, Ltd. | Added | +633.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +621.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +528.1k |
Biggest sellers
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -5.5m |
| COHEN & STEERS, INC. | Reduced | -3.2m |
| Balyasny Asset Management L.P. | Reduced | -2.4m |
| JPMORGAN CHASE & CO | Reduced | -2.4m |
| Ceredex Value Advisors LLC | Reduced | -1.8m |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -1.3m |
| V3 Capital Management, L.P. | Sold out | -1.1m |
| CI INVESTMENTS INC. | Reduced | -805.3k |
| Echo Street Capital Management LLC | Reduced | -654.0k |
| Weiss Multi-Strategy Advisers LLC | Sold out | -493.6k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $22.4m665.0k shares |
| GROUP ONE TRADING LLC | Added | $2.4m70.4k shares |
| CITADEL ADVISORS LLC | Added | $451.4k13.4k shares |
| Jefferies Financial Group Inc. | New | $286.4k8.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $266.2k7.9k shares |
| SIMPLEX TRADING, LLC | Unchanged | $37.0k1.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | Added | $929.8k27.6k shares |
| CITADEL ADVISORS LLC | Reduced | $64.0k1.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.0k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 11.9% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 7.9% |
HUGHES B WAYNE ET AL
13D · may seek influence
filed 2026-09-11
Stated purposeItem 4 is hereby amended to add the following: The Estate of B. Wayne Hughes (the "Estate") distributed all Shares previously held by the Estate to the beneficiaries thereof. As a result, Tamara Hughes Gustavson, in her capacity as executor of the Estate, no longer may be deemed to beneficially owns any Shares formerly held by the Estate, and the Reporting Persons no longer constitute a "group" within the meaning of Section 13(d)(3) of the Exchange Act. Tamara Hughes Gustavson is separately making a Schedule 13D filing reporting her beneficial ownership of Shares. Full filing |
6.0% |
GUSTAVSON TAMARA HUGHES
13D · may seek influence
new · filed 2026-09-11
Stated purposeThe purpose of the acquisition of Shares by the Reporting Person is for investment as part of the general investment portfolio of the Reporting Person. This Schedule 13D is being filed because the Reporting Person is no longer a member of a "group" within the meaning of Section 13(d)(3) of the Act, as disclosed in the explanatory note to this Schedule 13D. This filing is not being made as a result of any particular acquisition or disposition of securities by the Reporting Person. The Reporting Person intends to review her investments in the Issuer on a continuing basis and may, at any time, consistent with the Reporting Person's obligations under the federal securities laws, determine to increase or decrease her ownership of Shares through purchases or sales of Shares in the open market o… Full filing |
6.0% |
Fell to 5% or below in the last year: PRINCIPAL GLOBAL INVESTORS (4.5%, 2026-05-12), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 1 | $1.1m | — |
| Q1 2022 | 1 | $32.4k | 0 | — | — |
| Q2 2022 | 2 | $27.8m | 0 | — | — |
| Q3 2022 | 1 | $15.4m | 2 | $563.8k | — |
| Q4 2022 | 1 | $260.2k | 1 | $218.7k | — |
| Q1 2023 | 1 | $190.4k | 2 | $1.2m | — |
| Q2 2023 | 1 | $95.2k | 3 | $3.2m | — |
| Q3 2023 | 1 | $216.0k | 2 | $1.9m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-14 | Smith Bryan Chief Operating Officer | Sold | $294.9k8.1k shares |
| 2023-09-13 | BENHAM DOUGLAS N Director · Series G Perpetual Preferred Shares; Series H Perpetual Preferred Shares | Bought | $101.0k4.4k shares |
| 2023-09-12 | BENHAM DOUGLAS N Director · IRA · Series H Perpetual Preferred Shares | Bought | $46.2k2.0k shares |
| 2023-09-01 | Smith Bryan Chief Operating Officer | Sold | $1.0m28.4k shares |
| 2023-08-30 | Smith Bryan Chief Operating Officer | Sold | $488.9k13.5k shares |
| 2023-08-11 | BENHAM DOUGLAS N Director · Series H Perpetual Preferred Shares | Bought | $23.2k1.0k shares |
| 2023-08-10 | BENHAM DOUGLAS N Director · Series G Perpetual Preferred Shares; Series H Perpetual Preferred Shares | Bought | $45.6k2.0k shares |
| 2023-07-31 | Reitz Brian Chief Accounting Officer | Sold | $67.4k1.8k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 44.4m $1.5bn | Added +1.0m |
| BlackRock Inc. 0.03% of their portfolio | 25.9m $872.9m | Added +227.9k |
| NORGES BANK 0.15% of their portfolio | 22.0m $740.1m | Added +160.3k |
| JPMORGAN CHASE & CO 0.08% of their portfolio | 19.2m $646.2m | Reduced -2.4m |
| PRINCIPAL FINANCIAL GROUP INC 0.41% of their portfolio | 16.9m $570.5m | Added +47.7k |
| STATE STREET CORP 0.03% of their portfolio | 15.4m $517.3m | Added +250.7k |
| FMR LLC 0.02% of their portfolio | 8.1m $273.3m | Added +287.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 7.9m $265.0m | Added +1.7m |
| Nuveen Asset Management, LLC 0.09% of their portfolio | 7.4m $247.8m | Added +145.7k |
| COHEN & STEERS, INC. 0.49% of their portfolio | 6.3m $211.8m | Reduced -3.2m |
| CITADEL ADVISORS LLC 0.21% of their portfolio | 5.8m $196.7m | Added +4.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 5.8m $195.0m | Added +528.1k |
| CI INVESTMENTS INC. 0.98% of their portfolio | 5.2m $176.2m | Reduced -805.3k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 4.8m $162.9m | Added +30.9k |
| MORGAN STANLEY 0.02% of their portfolio | 4.7m $159.2m | Reduced -408.0k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 4.6m $156.0m | Added +32.9k |
| Resolution Capital Ltd 3.08% of their portfolio | 4.6m $155.5m | Added +212.8k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 1.91% of their portfolio | 4.5m $151.8m | Added +3.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 3.8m $127.2m | Added +102.3k |
| Burgundy Asset Management Ltd. 1.54% of their portfolio | 3.7m $125.2m | Added +27.0k |
| Boston Partners 0.17% of their portfolio | 3.6m $121.0m | Added +4.7k |
| LORD, ABBETT & CO. LLC 0.23% of their portfolio | 3.6m $120.7m | Reduced -104.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.16% of their portfolio | 3.3m $112.5m | Reduced -1.3m |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.46% of their portfolio | 3.3m $111.0m | Added +54.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 3.0m $99.5m | Added +81.4k |
| Legal & General Group Plc 0.03% of their portfolio | 2.9m $98.2m | Reduced -13.1k |
| Echo Street Capital Management LLC 0.84% of their portfolio | 2.7m $89.9m | Reduced -654.0k |
| Russell Investments Group, Ltd. 0.17% of their portfolio | 2.5m $83.9m | Added +633.5k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.4m $80.3m | Added +333.5k |
| 59 North Capital Management, LP 8.97% of their portfolio | 2.3m $77.5m | Added +804.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 2.3m $76.3m | Added +285.6k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.0m $66.2m | Reduced -251.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.8m $61.3m | Added +218.4k |
| AEW CAPITAL MANAGEMENT L P 2.56% of their portfolio | 1.8m $61.1m | Reduced -10.7k |
| MACQUARIE GROUP LTD 0.08% of their portfolio | 1.8m $60.9m | Added +130.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.8m $59.2m | Reduced -10.1k |
| ExodusPoint Capital Management, LP 0.76% of their portfolio | 1.8m $59.1m | Reduced -315.6k |
| STRS OHIO 0.25% of their portfolio | 1.7m $56.2m | Added +139.7k |
| Invesco Ltd. 0.01% of their portfolio | 1.6m $55.5m | Added +76.4k |
| Waterfront Capital Partners, LLC 5.43% of their portfolio | 1.6m $53.7m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 1.6m $53.7m | Reduced -274.1k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 1.6m $52.9m | Added +373.0k |
| Clearbridge Investments, LLC 0.05% of their portfolio | 1.5m $52.1m | Reduced -16.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.13% of their portfolio | 1.5m $51.4m | Added +16.4k |
| Ceredex Value Advisors LLC 0.83% of their portfolio | 1.4m $47.1m | Reduced -1.8m |
| SEI INVESTMENTS CO 0.08% of their portfolio | 1.3m $45.1m | Added +13.5k |
| Brookfield Corp /ON/ 0.28% of their portfolio | 1.3m $44.9m | Added +343.1k |
| Adelante Capital Management LLC 3.35% of their portfolio | 1.2m $41.4m | Reduced -47.2k |
| AXA S.A. 0.14% of their portfolio | 1.1m $38.6m | Reduced -105 |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.68% of their portfolio | 1.1m $36.6m | Reduced -312.2k |
| Swiss National Bank 0.03% of their portfolio | 1.0m $35.2m | Reduced -127.8k |
| Allianz Asset Management GmbH 0.06% of their portfolio | 942.6k $31.8m | Added +267.2k |
| Amundi 0.02% of their portfolio | 937.5k $32.7m | Added +337.2k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 929.9k $31.3m | Reduced -2.4m |
| Aberdeen Group plc 0.08% of their portfolio | 927.3k $31.2m | Added +97.5k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 1.32% of their portfolio | 879.1k $29.6m | Reduced -342.5k |
| PRUDENTIAL FINANCIAL INC 0.05% of their portfolio | 864.9k $29.1m | Added +7.3k |
| BAMCO INC /NY/ 0.08% of their portfolio | 858.8k $28.9m | Added +38.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 845.5k $28.5m | Reduced -163.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 800.5k $27.0m | Reduced -12.6k |
| Asset Management One Co., Ltd. 0.10% of their portfolio | 699.3k $23.6m | Added +65.3k |
| Alyeska Investment Group, L.P. 0.16% of their portfolio | 678.9k $22.9m | Added +274.3k |
| APG Asset Management US Inc. 0.20% of their portfolio | 663.9k $22.4m | New |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 657.2k $22.1m | Reduced -195.8k |
| Schonfeld Strategic Advisors LLC 0.20% of their portfolio | 643.6k $21.7m | Added +124.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 634.4k $21.4m | Reduced -388.1k |
| Walleye Capital LLC 0.31% of their portfolio | 629.7k $21.2m | Reduced -86.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 629.0k $21.2m | Added +621.1k |
| Vision Capital Corp 14.52% of their portfolio | 628.0k $21.2m | Unchanged |
| GRS Advisors, LLC 3.64% of their portfolio | 610.8k $20.6m | Added +21.5k |
| California Public Employees Retirement System 0.02% of their portfolio | 604.3k $20.4m | Added +33.0k |
| State of New Jersey Common Pension Fund D 0.07% of their portfolio | 598.8k $20.2m | Reduced -7.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.09% of their portfolio | 593.8k $20.0m | Added +23.9k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 571.1k $19.2m | Reduced -77.3k |
| Alberta Investment Management Corp 0.20% of their portfolio | 558.1k $18.8m | Unchanged |
| COLONY GROUP LLC 0.27% of their portfolio | 536.0k $18.1m | Added +942 |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 518.0k $17.5m | Added +140.5k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 511.7k $17.1m | Reduced -170.6k |
| Gillson Capital LP 1.27% of their portfolio | 510.4k $17.2m | New |
| Uniplan Investment Counsel, Inc. 1.32% of their portfolio | 507.6k $17.2m | Added +9.6k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 498.7k $16.8m | Added +204.3k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 489.5k $16.5m | Reduced -41.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 489.0k $16.5m | Reduced -32.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 478.9k $16.1m | Reduced -40.7k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 476.1k $16.0m | Reduced -38.2k |
| Ranger Global Real Estate Advisors, LLC 2.37% of their portfolio | 464.0k $15.6m | Added +359.5k |
| CHILTON CAPITAL MANAGEMENT LLC 0.86% of their portfolio | 455.2k $15.3m | Reduced -25.1k |
| Bridgewater Associates, LP 0.09% of their portfolio | 452.4k $15.2m | Reduced -343.0k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 446.9k $15.1m | Added +6.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.07% of their portfolio | 429.8k $14.5m | Added +8.8k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 414.6k $14.0m | Added +409.0k |
| BARCLAYS PLC 0.01% of their portfolio | 394.8k $13.3m | Reduced -127.3k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 390.8k $13.2m | Added +17.0k |
| Land & Buildings Investment Management, LLC 2.87% of their portfolio | 388.4k $13.1m | Reduced -469.7k |
| GATEWAY INVESTMENT ADVISERS LLC 0.16% of their portfolio | 385.0k $13.0m | Unchanged |
| THIRD AVENUE MANAGEMENT LLC 2.02% of their portfolio | 355.3k $12.0m | Reduced -562 |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 343.1k $11.6m | Reduced -2.7k |
| 12th Street Asset Management Company, LLC 2.36% of their portfolio | 341.4k $11.5m | Added +76.6k |
| FIL Ltd 0.01% of their portfolio | 323.0k $10.9m | Reduced -34.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 320.5k $10.8m | Added +6.9k |