Regional Management Corp
87 hedge funds and large institutions have $167M invested in Regional Management Corp in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 17 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 20
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
9% more funds holding
Funds holding: 80 → 87 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.59% less ownership
Funds ownership: 88.77% → 85.18% (-3.6%)
40% less capital invested
Capital invested by funds: $277M → $167M (-$109M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$9.95M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.7M |
| 3 |
6CM
683 Capital Management
New York
|
+$4.29M |
| 4 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$3.65M |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$27.8M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$6.69M |
| 3 |
OCM
OMT Capital Management
San Francisco,
California
|
-$5.82M |
| 4 |
JP Morgan Chase
New York
|
-$5.76M |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$5.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$211K | -8,534 | Closed |
|
102
First Trust Advisors
Wheaton,
Illinois
| – | -$208K | -8,434 | Closed |
|
|
BGIM
103
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$165K | -6,670 | Closed |
|
104
Ameriprise
Minneapolis,
Minnesota
| – | -$2K | -80 | Closed |
|
RM Hedge Fund Activity: Q2 2014 in Review
87 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q2 2014, worth a combined $167M — down 40% from $277M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new RM positions and 17 closed out — a net gain of 7 holders — while 39 added to existing stakes and 20 trimmed.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $9.95M. The largest seller was Gilder Gagnon Howe & Co, exiting entirely with an estimated $27.8M sold.
- 87 institutional investors held Regional Management Corp (RM) as of Q2 2014, up from 80 in Q1 2014.
- Funds reported $167M of Regional Management Corp stock for Q2 2014, down 40% quarter-over-quarter.
- 24 funds opened new Regional Management Corp positions in Q2 2014 and 17 closed out, a net change of +7 holders.
- The largest Regional Management Corp buyer in Q2 2014 was Nantahala Capital Management, an estimated $9.95M added.
- The largest Regional Management Corp seller in Q2 2014 was Gilder Gagnon Howe & Co, an estimated $27.8M sold.
Based on aggregated 13F filings for Q2 2014.