RH
403 hedge funds and large institutions have $4.2B invested in RH in 2023 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 102 increasing their positions, 152 reducing their positions, and 58 closing their positions.
43% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 58
6% more funds holding
Funds holding: 379 → 403 (+24)
1.07% more ownership
Funds ownership: 85.18% → 86.25% (+1.1%)
3% less call options, than puts
Call options by funds: $943M | Put options by funds: $976M
32% less capital invested
Capital invested by funds: $6.17B → $4.2B (-$1.98B)
33% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 152
64% less funds holding in top 10
Funds holding in top 10: 22 → 8 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$155M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$77.1M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$41.8M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$32M |
| 5 |
Twin Tree Management
Dallas,
Texas
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$584M |
| 2 |
D.E. Shaw & Co
New York
|
-$93.2M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$92.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$68.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$61.1M |
RH Hedge Fund Activity: Q3 2023 in Review
403 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in RH (RH) for Q3 2023, worth a combined $4.2B — down 32% from $6.17B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new RH positions and 58 closed out — a net gain of 25 holders — while 102 added to existing stakes and 152 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $155M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $584M sold.
- 403 institutional investors held RH (RH) as of Q3 2023, up from 379 in Q2 2023.
- Funds reported $4.2B of RH stock for Q3 2023, down 32% quarter-over-quarter.
- 83 funds opened new RH positions in Q3 2023 and 58 closed out, a net change of +25 holders.
- The largest RH buyer in Q3 2023 was T. Rowe Price Associates, an estimated $155M added.
- The largest RH seller in Q3 2023 was Lone Pine Capital, an estimated $584M sold.
Based on aggregated 13F filings for Q3 2023.