Vault-13

MERITAGE HOMES CORP MTH 1.75 05.15.28

NOTE 1.750% 5/1 · US DOMESTIC · CUSIP 59001ABF8

68 institutional holders +5 vs Q1 2026
21,289,63721.3m shares reported held*
$618.6mreported value*
14 new 11 added 23 reduced 10 sold out net bought ≈ $20.8m (+679.1k shares)

* 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.12.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q2 25: 66Q3 25: 62Q4 25: 63Q1 26: 63Q2 26: 6868Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q2 202566
Q3 202562
Q4 202563
Q1 202663
Q2 202668

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 25: 35 bought or addedQ3 25: 25 cut or sold outQ3 25Q4 25: 18 bought or addedQ4 25: 30 cut or sold outQ4 25Q1 26: 28 bought or addedQ1 26: 28 cut or sold outQ1 26Q2 26: 25 bought or addedQ2 26: 33 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20253525
Q4 20251830
Q1 20262828
Q2 20262533

Biggest buyers

CAMDEN ASSET MANAGEMENT L P /CA New +15,922,000+15.9m
WELLINGTON MANAGEMENT GROUP LLP Added +14,965,000+15.0m
LORD, ABBETT & CO. LLC Added +10,860,000+10.9m
BARCLAYS PLC New +5,839,000+5.8m
ONTARIO TEACHERS PENSION PLAN BOARD New +5,000,000+5.0m
LBP AM SA New +3,200,000+3.2m
PALISADE CAPITAL MANAGEMENT, LP Added +2,850,000+2.9m
BlackRock, Inc. Added +2,360,000+2.4m
BANK OF AMERICA CORP /DE/ Added +2,279,000+2.3m
VICTORY CAPITAL MANAGEMENT INC Added +1,825,000+1.8m

Biggest sellers

Calamos Advisors LLC Reduced -7,241,000-7.2m
WELLS FARGO & COMPANY/MN Reduced -6,511,000-6.5m
JPMORGAN CHASE & CO Reduced -5,098,000-5.1m
TORONTO DOMINION BANK Reduced -4,958,000-5.0m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -4,610,000-4.6m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -4,574,000-4.6m
ZAZOVE ASSOCIATES LLC Sold out -4,150,000-4.2m
Jefferies Financial Group Inc. Sold out -4,000,000-4.0m
Lombard Odier Asset Management (Europe) Ltd Reduced -3,064,000-3.1m
OAKTREE CAPITAL MANAGEMENT LP Sold out -1,900,000-1.9m

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio San Antonio, TX 93,969,00094.0m $97.1m $97.1m 0.05% Added +1.8m +1,825,000
2 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 57,324,00057.3m $59.5m $59.5m 0.01% Added +15.0m +14,965,000
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 56,723,00056.7m $58.5m $58.5m 0.00% Added +2.4m +2,360,000
4 ADVENT CAPITAL MANAGEMENT /DE/ 1.14% of their portfolio NEW YORK, NY 48,267,00048.3m $50.1m $50.1m 1.14% Reduced -4.6m -4,574,000
5 LORD, ABBETT & CO. LLC 0.13% of their portfolio JERSEY CITY, NJ 44,655,00044.7m $46.2m $46.2m 0.13% Added +10.9m +10,860,000
6 Wellesley Asset Management 3.03% of their portfolio PORTSMOUTH, NH 32,281,00032.3m $33.2m $33.2m 3.03% Reduced -1.7m -1,691,000
7 MacKay Shields LLC 0.97% of their portfolio New York, NY 28,031,00028.0m $29.0m $29.0m 0.97% Reduced -94.0k -94,000
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 26,039,00026.0m $26.7m $26.7m 0.00% Reduced -5.1m -5,098,000
9 PIER 88 INVESTMENT PARTNERS LLC 4.84% of their portfolio SAN FRANCISCO, CA 19,761,00019.8m $20.4m $20.4m 4.84% Unchanged
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 17,127,00017.1m $17.6m $17.6m 0.00% Added +2.3m +2,279,000
11 CAMDEN ASSET MANAGEMENT L P /CA 0.48% of their portfolio Los Angeles, CA 15,922,00015.9m $16.4m $16.4m 0.48% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 14,500,00014.5m $15.0m $15.0m 0.00% Added +1.5m +1,500,000
13 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 12,000,00012.0m $12.4m $12.4m 0.01% Added +500.0k +500,000
14 PenderFund Capital Management Ltd. 1.60% of their portfolio VANCOUVER, A1 12,000,00012.0m $12.5m $12.5m 1.60% Unchanged
15 Nykredit A/S 0.03% of their portfolio NORDHAVN, G7 10,000,00010.0m $10.3m $10.3m 0.03% First filing
16 RATIONAL ADVISORS, INC. 0.86% of their portfolio San Juan, PR 9,102,0009.1m $9.4m $9.4m 0.86% Unchanged
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,250,0007.2m $7.5m $7.5m 0.00% Reduced -19.0k -19,000
18 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 6,514,0006.5m $6.8m $6.8m 0.01% Added +1.0m +1,000,000
19 FMR LLC 0.00% of their portfolio BOSTON, MA 6,466,0006.5m $6.7m $6.7m 0.00% Reduced -15.0k -15,000
20 INCOME RESEARCH & MANAGEMENT 3.47% of their portfolio Boston, MA 6,215,0006.2m $6.4m $6.4m 3.47% Unchanged
21 PALISADE CAPITAL MANAGEMENT, LP 0.27% of their portfolio FORT LEE, NJ 6,043,0006.0m $6.2m $6.2m 0.27% Added +2.9m +2,850,000
22 CONNING INC. 0.18% of their portfolio HARTFORD, CT 5,940,0005.9m $6.1m $6.1m 0.18% Unchanged
23 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5,839,0005.8m $6.0m $6.0m 0.00% New
24 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 5,800,0005.8m $6.0m $6.0m 0.01% Reduced -20.0k -20,000
25 SHENKMAN CAPITAL MANAGEMENT INC 0.76% of their portfolio NEW YORK, NY 5,190,0005.2m $5.5m $5.5m 0.76% Reduced -4.6m -4,610,000
26 ONTARIO TEACHERS PENSION PLAN BOARD 0.03% of their portfolio Toronto, A6 5,000,0005.0m $5.2m $5.2m 0.03% New
27 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 5,000,0005.0m $5.2m $5.2m 0.01% Unchanged
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,897,0004.9m $5.0m $5.0m 0.00% Reduced -6.5m -6,511,000
29 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 4,000,0004.0m $4.1m $4.1m 0.01% Added +1.0m +1,000,000
30 LBP AM SA 0.03% of their portfolio Paris, I0 3,200,0003.2m $3.3m $3.3m 0.03% New
31 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio PHILADELPHIA, PA 2,919,0002.9m $3.0m $3.0m 0.00% Reduced -41.0k -41,000
32 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 2,275,0002.3m $2.3m $2.3m 0.01% Unchanged
33 Lombard Odier Asset Management (Europe) Ltd 0.10% of their portfolio LONDON, X0 2,236,0002.2m $2.3m $2.3m 0.10% Reduced -3.1m -3,064,000
34 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,600,0001.6m $1.7m $1.7m 0.00% Reduced -110.0k -110,000
35 GROUPAMA ASSET MANAGMENT 0.02% of their portfolio PARIS, I0 1,500,0001.5m $1.5m $1.5m 0.02% Reduced -200.0k -200,000
36 Man Group plc 0.00% of their portfolio LONDON, X0 1,470,0001.5m $1.5m $1.5m 0.00% Unchanged
37 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,438,0001.4m $1.5m $1.5m 0.00% New
38 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 1,348,0001.3m $1.4m $1.4m 0.02% Reduced -1.3m -1,300,000
39 Police & Firemen's Retirement System of New Jersey 0.01% of their portfolio TRENTON, NJ 1,265,0001.3m $1.3m $1.3m 0.01% New
40 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $10.4k $10.4k 0.00% New
41 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 1,000,0001.0m $1.0m $1.0m 0.00% New
42 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 844,000844.0k $874.3k $874.3k 0.00% Reduced -7.2m -7,241,000
43 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 487,000487.0k $503.4k $503.4k 0.00% Reduced -5.0m -4,958,000
44 AEGON USA Investment Management, LLC 0.35% of their portfolio CEDAR RAPIDS, IA 475,000475.0k $489.5k $489.5k 0.35% Unchanged
45 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 337,000337.0k $349.0k $349.0k 0.00% Reduced -656.0k -656,000
46 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 282,000282.0k $290.6k $290.6k 0.00% Reduced -699.0k -699,000
47 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 238,000238.0k $245.3k $245.3k 0.00% Unchanged
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 198,000198.0k $204.0k $204.0k 0.00% Reduced -9.0k -9,000
49 SSI INVESTMENT MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 185,000185.0k $190.6k $190.6k 0.01% New
50 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 182,000182.0k $187.6k $187.6k 0.00% Reduced -6.0k -6,000
51 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 158,000158.0k $162.8k $162.8k 0.00% Unchanged
52 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 71,00071.0k $73.0k $73.0k 0.00% Added +37.0k +37,000
53 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 59,00059.0k $60.8k $60.8k 0.00% Unchanged
54 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 36,00036.0k $37.1k $37.1k 0.00% Unchanged
55 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 30,00030.0k $30.9k $30.9k 0.00% New
56 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 28,00028.0k $28.9k $28.9k 0.00% Unchanged
57 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 17,00017.0k $17.5k $17.5k 0.00% Reduced -5.0k -5,000
58 Balboa Wealth Partners 0.00% of their portfolio SCOTTSDALE, AZ 17,00017.0k $17.5k $17.5k 0.00% Reduced -19.0k -19,000
59 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 14,75014.8k $1.5m $1.5m 0.00% Unchanged
60 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 14,00014.0k $14.4k $14.4k 0.00% New
61 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 12,00012.0k $12.1k $12.1k 0.00% New
62 Inspire Advisors, LLC 0.00% of their portfolio Meridian, ID 11,00011.0k $11.3k $11.3k 0.00% Unchanged
63 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 7,0007.0k $7.2k $7.2k 0.00% New
64 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 4,0004.0k $4.1k $4.1k 0.00% Unchanged
65 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,0003.0k $3.1k $3.1k 0.00% Unchanged
66 LAFFER TENGLER INVESTMENTS, INC. 0.28% of their portfolio Scottsdale, AZ 2,1312.1k $2.2m $2.2m 0.28% New
67 ODDO BHF ASSET MANAGEMENT SAS 0.02% of their portfolio PARIS, I0 506506 $523.5k $523.5k 0.02% Reduced -50 -50
68 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged