RH
410 hedge funds and large institutions have $12.1B invested in RH in 2021 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 120 increasing their positions, 151 reducing their positions, and 53 closing their positions.
64% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 53
46% more funds holding in top 10
Funds holding in top 10: 13 → 19 (+6)
30% more capital invested
Capital invested by funds: $9.26B → $12.1B (+$2.82B)
8% more funds holding
Funds holding: 378 → 410 (+32)
2.06% less ownership
Funds ownership: 101.67% → 99.61% (-2.1%)
21% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 151
23% less call options, than puts
Call options by funds: $860M | Put options by funds: $1.12B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
+$154M |
| 2 |
D.E. Shaw & Co
New York
|
+$83.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$71.9M |
| 4 |
Renaissance Technologies
New York
|
+$59.4M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$53.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$622M |
| 2 |
DCP
D1 Capital Partners
New York
|
-$186M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$60.7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$45.7M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$42.1M |
RH Hedge Fund Activity: Q1 2021 in Review
410 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in RH (RH) for Q1 2021, worth a combined $12.1B — up 30% from $9.26B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new RH positions and 53 closed out — a net gain of 34 holders — while 120 added to existing stakes and 151 trimmed.
The largest buyer was Suvretta Capital Management, opening a new position worth an estimated $154M. The largest seller was T. Rowe Price Associates, cutting an estimated $622M.
- 410 institutional investors held RH (RH) as of Q1 2021, up from 378 in Q4 2020.
- Funds reported $12.1B of RH stock for Q1 2021, up 30% quarter-over-quarter.
- 87 funds opened new RH positions in Q1 2021 and 53 closed out, a net change of +34 holders.
- The largest RH buyer in Q1 2021 was Suvretta Capital Management, an estimated $154M added.
- The largest RH seller in Q1 2021 was T. Rowe Price Associates, an estimated $622M sold.
Based on aggregated 13F filings for Q1 2021.