LGI HOMES INC LGIH
COM · Common Stock · CUSIP 50187T106 · ISIN US50187T1060
Housebuilding company in southwestern United States
- SectorIndustrials
- IndustryOperative Builders
- HeadquartersThe Woodlands, TX
- Founded2003
- Websitelgihomes.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 ($130.4k this quarter). Holder counts are more reliable. Shares outstanding: 23.5m as of 2024-07-26, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $89.53. Options: 7 managers hold calls ($6.9m notional), 8 hold puts ($9.4m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 220 |
| Q4 2022 | 210 |
| Q1 2023 | 208 |
| Q2 2023 | 224 |
| Q3 2023 | 241 |
| Q4 2023 | 248 |
| Q1 2024 | 248 |
| Q2 2024 | 245 |
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 | 91 | 105 |
| Q1 2023 | 98 | 102 |
| Q2 2023 | 100 | 100 |
| Q3 2023 | 109 | 108 |
| Q4 2023 | 110 | 118 |
| Q1 2024 | 118 | 119 |
| Q2 2024 | 130 | 111 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $12.5m | $15.7m | 1.26 |
| Q4 2023 | $21.0m | $21.3m | 1.01 |
| Q1 2024 | $13.0m | $18.3m | 1.41 |
| Q2 2024 | $6.9m | $9.4m | 1.35 |
Biggest buyers
| River Road Asset Management, LLC | New | +476.5k |
| Altshuler Shaham Ltd | Added | +447.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Added | +373.0k |
| Khrom Capital Management LLC | New | +240.0k |
| STATE STREET CORP | Added | +199.9k |
| CITADEL ADVISORS LLC | Added | +101.8k |
| MARSHALL WACE, LLP | Added | +92.1k |
| OneDigital Investment Advisors LLC | New | +88.2k |
| BANK OF MONTREAL /CAN/ | Added | +83.7k |
| D. E. Shaw & Co., Inc. | Added | +79.7k |
Biggest sellers
| FMR LLC | Reduced | -886.7k |
| Capital World Investors | Sold out | -846.2k |
| MORGAN STANLEY | Reduced | -512.3k |
| Liontrust Investment Partners LLP | Reduced | -175.5k |
| NEXT CENTURY GROWTH INVESTORS LLC | Reduced | -162.9k |
| Ampfield Management, L.P. | Reduced | -134.9k |
| Epoch Investment Partners, Inc. | Reduced | -111.8k |
| BRIGHT FINANCIAL ADVISORS, INC. | Sold out | -105.3k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -42.3k |
| Cubist Systematic Strategies, LLC | Sold out | -32.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.4m26.7k shares |
| Walleye Capital LLC | New | $2.4m26.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m14.6k shares |
| D. E. Shaw & Co., Inc. | New | $447.4k5.0k shares |
| Walleye Trading LLC | Reduced | $313.2k3.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $125.0k1.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.3m58.7k shares |
| Fulcrum Asset Management LLP | First filing | $1.1m14.1k shares |
| CITADEL ADVISORS LLC | Reduced | $966.5k10.8k shares |
| Walleye Capital LLC | New | $760.7k8.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $626.4k7.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $599.0k6.7k shares |
| Walleye Trading LLC | Reduced | $71.6k800 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 |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
| STATE STREET CORP 13G · institution new · filed 2025-11-10 | 5.4% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.7%, 2026-04-09), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $94.4k | — |
| Q1 2023 | 0 | — | 6 | $9.0m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $1.7m | $1.5m |
| Q1 2024 | 0 | — | 4 | $2.9m | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 3.4m $301.2m | Reduced -9.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.2m $198.8m | Added +1.4k |
| WASATCH ADVISORS LP 0.72% of their portfolio | 1.5m $134.9m | Added +47.7k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.5m $134.8m | Added +53.0k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $104.0m | Added +199.9k |
| DISCIPLINED GROWTH INVESTORS INC /MN 1.53% of their portfolio | 906.2k $81.1m | Added +15.3k |
| CDAM (UK) Ltd 9.69% of their portfolio | 725.3k $64.9m | Added +27.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.48% of their portfolio | 536.2k $48.0m | Added +373.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 489.9k $43.9m | Added +15.3k |
| River Road Asset Management, LLC 0.61% of their portfolio | 476.5k $42.6m | New |
| Altshuler Shaham Ltd 1.40% of their portfolio | 454.8k $40.7m | Added +447.1k |
| Ampfield Management, L.P. 33.10% of their portfolio | 401.4k $35.9m | Reduced -134.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 324.6k $29.0m | Added +24.6k |
| FMR LLC 0.00% of their portfolio | 304.4k $27.2m | Reduced -886.7k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 269.8k $24.1m | Added +92.1k |
| Khrom Capital Management LLC 4.06% of their portfolio | 240.0k $21.5m | New |
| GILDER GAGNON HOWE & CO LLC 0.26% of their portfolio | 236.0k $21.1m | Reduced -4.9k |
| MORGAN STANLEY 0.00% of their portfolio | 198.5k $17.8m | Reduced -512.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 197.1k $17.6m | Reduced -5.6k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 195.8k $17.5m | Added +79.7k |
| Tributary Capital Management, LLC 1.39% of their portfolio | 187.4k $16.8m | Added +37.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 166.4k $14.9m | Reduced -5.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 163.1k $14.6m | Reduced -20.8k |
| UBS Group AG 0.00% of their portfolio | 113.2k $10.1m | Reduced -9.8k |
| Carlson Capital, L.P. 1.56% of their portfolio | 111.8k $10.0m | Added +30.9k |
| BARCLAYS PLC 0.00% of their portfolio | 111.2k $9.9m | Reduced -19.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 111.2k $9.9m | Added +101.8k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.81% of their portfolio | 109.0k $9.8m | Reduced -162.9k |
| Oakcliff Capital Partners, LP 5.20% of their portfolio | 108.6k $9.7m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 101.2k $9.1m | Reduced -5.3k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 99.7k $8.9m | Added +39.4k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 97.3k $8.7m | Added +40.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 96.4k $8.6m | Added +37.1k |
| NORGES BANK 0.00% of their portfolio | 93.6k $8.4m | Reduced -23.8k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 91.2k $8.2m | Added +4.8k |
| OneDigital Investment Advisors LLC 0.10% of their portfolio | 88.2k $7.9m | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 86.9k $8.5m | Added +83.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 83.5k $7.5m | Reduced -9.2k |
| TUDOR INVESTMENT CORP ET AL 0.08% of their portfolio | 77.9k $7.0m | Reduced -5.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 70.0k $6.3m | Reduced -9.3k |
| LGT Fund Management Co Ltd. 0.76% of their portfolio | 68.5k $6.1m | Added +35.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 63.8k $5.7m | Reduced -375 |
| SCOUT INVESTMENTS, INC. 0.15% of their portfolio | 60.9k $5.4m | Reduced -5.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 59.4k $5.3m | Added +817 |
| Legal & General Group Plc 0.00% of their portfolio | 56.8k $5.1m | Reduced -465 |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 56.0k $5.0m | Added +1.9k |
| Invesco Ltd. 0.00% of their portfolio | 53.9k $4.8m | Reduced -1.6k |
| MONTGOMERY INVESTMENT MANAGEMENT INC 1.88% of their portfolio | 53.0k $4.7m | Reduced -200 |
| Anomaly Capital Management, LP 0.18% of their portfolio | 51.8k $4.6m | New |
| Harspring Capital Management, LLC 1.05% of their portfolio | 46.4k $4.1m | Unchanged |
| Public Sector Pension Investment Board 0.03% of their portfolio | 45.1k $4.0m | Added +3.1k |
| Swiss National Bank 0.00% of their portfolio | 41.8k $3.7m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 41.2k $3.7m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 39.8k $3.6m | Added +18.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 36.4k $3.3m | Added +2.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 32.7k $2.9m | Added +4.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 32.5k $2.9m | Reduced -2.5k |
| Baird Financial Group, Inc. 0.01% of their portfolio | 32.1k $2.9m | Reduced -1.2k |
| ENGLISH CAPITAL MANAGEMENT LLC 2.37% of their portfolio | 31.6k $2.8m | Added +3.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 30.0k $2.7m | Reduced -1.8k |
| Fragasso Financial Advisors Inc 0.22% of their portfolio | 29.9k $2.7m | Added +3.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 29.8k $2.7m | Reduced -2.1k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 29.4k $2.6m | Added +5.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 28.5k $2.6m | Reduced -21.5k |
| Holocene Advisors, LP 0.01% of their portfolio | 26.9k $2.4m | Added +3.7k |
| CITIGROUP INC 0.00% of their portfolio | 26.0k $2.3m | Added +1.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 26.0k $2.3m | Added +4.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 25.9k $2.3m | Added +527 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 25.9k $2.3m | Added +9.0k |
| Epoch Investment Partners, Inc. 0.01% of their portfolio | 25.3k $2.3m | Reduced -111.8k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 24.4k $2.2m | Added +4.3k |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 23.1k $2.1m | Added +13.4k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 22.3k $2.0m | Reduced -936 |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 21.5k $1.9m | Reduced -16.2k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 20.8k $1.9m | Added +3.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 20.7k $1.9m | Reduced -485 |
| POLEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 20.1k $1.8m | Reduced -4.3k |
| FIRST NATIONAL BANK OF OMAHA 0.12% of their portfolio | 19.9k $1.8m | Added +13.9k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 19.9k $1.8m | Reduced -4.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 19.3k $1.7m | Added +10.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 18.7k $1.7m | Reduced -100 |
| Liontrust Investment Partners LLP 0.02% of their portfolio | 18.7k $1.7m | Reduced -175.5k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 17.0k $1.5m | Reduced -764 |
| Verition Fund Management LLC 0.01% of their portfolio | 16.9k $1.5m | Added +1.1k |
| HRT FINANCIAL LP 0.01% of their portfolio | 15.2k $1.4m | Reduced -2.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 14.8k $1.3m | New |
| NFJ INVESTMENT GROUP, LLC 0.04% of their portfolio | 14.4k $1.3m | Reduced -509 |
| GSA CAPITAL PARTNERS LLP 0.09% of their portfolio | 14.0k $1.3m | Added +2.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 14.0k $1.3m | Added +390 |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 13.7k $1.2m | Added +42 |
| B. Metzler seel. Sohn & Co. AG 0.01% of their portfolio | 13.1k $1.2m | Added +2.1k |
| CAMPBELL NEWMAN ASSET MANAGEMENT INC 0.09% of their portfolio | 12.6k $1.1m | Reduced -32 |
| Corebridge Financial, Inc. 0.01% of their portfolio | 12.1k $1.1m | First filing |
| MetLife Investment Management, LLC 0.01% of their portfolio | 12.1k $1.1m | Added +1.6k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 12.0k $1.1m | Reduced -449 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 11.9k $1.1m | Reduced -14.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 11.9k $1.1m | Added +775 |
| Jump Financial, LLC 0.02% of their portfolio | 11.5k $1.0m | Added +6.4k |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 11.4k $1.0m | Reduced -749 |
| DENALI ADVISORS LLC 0.27% of their portfolio | 11.1k $993.3k | New |