RH
429 hedge funds and large institutions have $4.4B invested in RH in 2022 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 175 increasing their positions, 125 reducing their positions, and 101 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 125
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
9% less call options, than puts
Call options by funds: $619M | Put options by funds: $683M
8% less funds holding
Funds holding: 465 → 429 (-36)
11.36% less ownership
Funds ownership: 95.36% → 84% (-11%)
29% less first-time investments, than exits
New positions opened: 72 | Existing positions closed: 101
34% less capital invested
Capital invested by funds: $6.68B → $4.4B (-$2.28B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$119M |
| 2 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
+$71.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$61.5M |
| 4 |
DCP
Darsana Capital Partners
New York
|
+$59.4M |
| 5 |
Renaissance Technologies
New York
|
+$49.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$122M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$105M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$65.4M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$61.1M |
| 5 |
Two Sigma Investments
New York
|
-$56.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
526
CIBC Private Wealth Group
Atlanta,
Georgia
| – | +$594 | +2 | New |
|
RH Hedge Fund Activity: Q2 2022 in Review
429 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in RH (RH) for Q2 2022, worth a combined $4.4B — down 34% from $6.68B a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of RH and 72 opened new positions — a net loss of 29 holders — while 125 trimmed existing stakes and 175 added.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $119M. The largest seller was T. Rowe Price Associates, cutting an estimated $122M.
- 429 institutional investors held RH (RH) as of Q2 2022, down from 465 in Q1 2022.
- Funds reported $4.4B of RH stock for Q2 2022, down 34% quarter-over-quarter.
- 72 funds opened new RH positions in Q2 2022 and 101 closed out, a net change of -29 holders.
- The largest RH buyer in Q2 2022 was Viking Global Investors, an estimated $119M added.
- The largest RH seller in Q2 2022 was T. Rowe Price Associates, an estimated $122M sold.
Based on aggregated 13F filings for Q2 2022.