RH
202 hedge funds and large institutions have $1.68B invested in RH in 2016 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 64 increasing their positions, 57 reducing their positions, and 101 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 57
15% less call options, than puts
Call options by funds: $84.9M | Put options by funds: $99.5M
19% less funds holding
Funds holding: 249 → 202 (-47)
28.79% less ownership
Funds ownership: 127.64% → 98.85% (-29%)
42% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 101
59% less capital invested
Capital invested by funds: $4.11B → $1.68B (-$2.43B)
86% less funds holding in top 10
Funds holding in top 10: 7 → 1 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$41.3M |
| 2 |
State Street
Boston,
Massachusetts
|
+$39.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$37.7M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$31.7M |
| 5 |
Two Sigma Investments
New York
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$254M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
-$128M |
| 3 |
MGM
Miura Global Management
New York
|
-$108M |
| 4 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$55.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$48.8M |
RH Hedge Fund Activity: Q1 2016 in Review
202 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in RH (RH) for Q1 2016, worth a combined $1.68B — down 59% from $4.11B a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of RH and 59 opened new positions — a net loss of 42 holders — while 57 trimmed existing stakes and 64 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $41.3M. The largest seller was Tiger Global Management, exiting entirely with an estimated $254M sold.
- 202 institutional investors held RH (RH) as of Q1 2016, down from 249 in Q4 2015.
- Funds reported $1.68B of RH stock for Q1 2016, down 59% quarter-over-quarter.
- 59 funds opened new RH positions in Q1 2016 and 101 closed out, a net change of -42 holders.
- The largest RH buyer in Q1 2016 was Renaissance Technologies, an estimated $41.3M added.
- The largest RH seller in Q1 2016 was Tiger Global Management, an estimated $254M sold.
Based on aggregated 13F filings for Q1 2016.