Aquatic Capital Management Trims Stake in Meritage Homes

Hedge fund reduces position in homebuilder by nearly 30% in Q3

Mar. 17, 2026 at 7:24am

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Aquatic Capital Management LLC, a hedge fund, trimmed its stake in Meritage Homes Corporation (NYSE:MTH) by 29.8% in the third quarter, according to a recent 13F filing with the SEC. The firm now owns 73,208 shares of the construction company's stock, worth approximately $5.3 million.

Why it matters

Meritage Homes is a major homebuilder, so changes in institutional ownership can signal shifts in market sentiment around the housing sector. Aquatic Capital's reduction in its Meritage position may indicate broader concerns about the outlook for the homebuilding industry.

The details

According to the 13F filing, Aquatic Capital sold 31,142 shares of Meritage Homes during the third quarter, reducing its total position to 73,208 shares. The hedge fund now owns about 0.10% of Meritage's outstanding stock. Several other institutional investors also modified their Meritage holdings last quarter, with some increasing and others decreasing their positions.

  • Aquatic Capital Management filed its 13F for the third quarter of 2026.

The players

Aquatic Capital Management LLC

A hedge fund that has reduced its stake in homebuilder Meritage Homes Corporation.

Meritage Homes Corporation

A national homebuilder and residential developer headquartered in Scottsdale, Arizona.

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The takeaway

Aquatic Capital's trimming of its Meritage Homes position could signal broader caution around the homebuilding sector, though the reasons behind the fund's decision are not entirely clear from the limited information provided. Investors will likely watch to see if other major institutional holders make similar moves in the coming quarters.