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What smart money is saying about Meritage Homes CorporationUnited States flag

MTH · Consumer Cyclical · Residential Construction · Market cap $4.72B

1 fund in our archive has pitched Meritage Homes Corporation — most recently Baron Real Estate Fund in June 2026.

Company profile

Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.

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2
Reported positions
1
Bought
0
Sold
2
Letters

Position history

Every position in Meritage Homes Corporation on record in the archive was reported in Q2 2026, across 2 fund letters1 opened or added to the position.

Fund letters reporting a position in Meritage Homes Corporation, by quarter
QuarterLettersBoughtSoldTheses
Q2 20262101

Fund activity · 2 positions · 1 move

  • HoldsBaron Real Estate Income Fund
    June 2026
    Current non-REIT holdings include Meritage Homes Corporation , Brookfield Infrastructure Corporation , Marriott Vacations Worldwide Corporation , Fortune Brands Innovations, Inc. , CRH public limited company , Vail Resorts, Inc. , The Home Depot, Inc. , GDS Holdings Limited , and Wyndham Hotels & Resorts, Inc.
    Read the letterMeritage Homes Corporation
  • New positionBaron Real Estate Fund
    June 2026
    During the quarter, we initiated a position in Meritage Homes Corporation , the fifth-largest homebuilder in the U.S., with operations across the West, Central, and East regions.
    Read the letterMeritage Homes Corporation

Fund coverage · 1 thesis

  • Baron Real Estate Fund
    June 2026

    Meritage Homes Corporation is a large U.S. homebuilder with substantial long-term growth, margin expansion, and valuation upside potential.

    Read the full thesis

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