RH
404 hedge funds and large institutions have $4.63B invested in RH in 2023 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 113 increasing their positions, 151 reducing their positions, and 70 closing their positions.
1% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 70
6% less call options, than puts
Call options by funds: $820M | Put options by funds: $876M
3% less funds holding
Funds holding: 416 → 404 (-12)
6.93% less ownership
Funds ownership: 93.17% → 86.23% (-6.9%)
20% less funds holding in top 10
Funds holding in top 10: 20 → 16 (-4)
21% less capital invested
Capital invested by funds: $5.88B → $4.63B (-$1.25B)
25% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 151
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Atreides Management
Boston,
Massachusetts
|
+$203M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$84.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$47.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$42.8M |
| 5 |
SM
Senvest Management
New York
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$631M |
| 2 |
DCP
D1 Capital Partners
New York
|
-$325M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
-$200M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$63M |
| 5 |
PC
Pelham Capital
London,
United Kingdom
|
-$58.3M |
RH Hedge Fund Activity: Q1 2023 in Review
404 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in RH (RH) for Q1 2023, worth a combined $4.63B — down 21% from $5.88B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of RH and 69 opened new positions — a net loss of 1 holder — while 151 trimmed existing stakes and 113 added.
The largest buyer was Atreides Management, opening a new position worth an estimated $203M. The largest seller was Berkshire Hathaway, exiting entirely with an estimated $631M sold.
- 404 institutional investors held RH (RH) as of Q1 2023, down from 416 in Q4 2022.
- Funds reported $4.63B of RH stock for Q1 2023, down 21% quarter-over-quarter.
- 69 funds opened new RH positions in Q1 2023 and 70 closed out, a net change of -1 holder.
- The largest RH buyer in Q1 2023 was Atreides Management, an estimated $203M added.
- The largest RH seller in Q1 2023 was Berkshire Hathaway, an estimated $631M sold.
Based on aggregated 13F filings for Q1 2023.