Regional Management Corp
75 hedge funds and large institutions have $194M invested in Regional Management Corp in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 26 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
16% more capital invested
Capital invested by funds: $167M → $194M (+$26.5M)
0.19% less ownership
Funds ownership: 85.18% → 84.99% (-0.19%)
7% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 27
14% less funds holding
Funds holding: 87 → 75 (-12)
46% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 26
89% less call options, than puts
Call options by funds: $300K | Put options by funds: $2.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$9.2M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$6.62M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$4.35M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$3.42M |
| 5 |
TCGI
Three Corner Global Investors
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$13.2M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$2.5M |
| 3 |
Renaissance Technologies
New York
|
-$2.05M |
| 4 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$1.88M |
| 5 |
Morgan Stanley
New York
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Ameriprise
Minneapolis,
Minnesota
| – | +$167 | +10 | New |
|
RM Hedge Fund Activity: Q3 2014 in Review
75 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q3 2014, worth a combined $194M — up 16% from $167M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of RM and 14 opened new positions — a net loss of 12 holders — while 27 trimmed existing stakes and 25 added.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $9.2M. The largest seller was EJF Capital, exiting entirely with an estimated $13.2M sold.
- 75 institutional investors held Regional Management Corp (RM) as of Q3 2014, down from 87 in Q2 2014.
- Funds reported $194M of Regional Management Corp stock for Q3 2014, up 16% quarter-over-quarter.
- 14 funds opened new Regional Management Corp positions in Q3 2014 and 26 closed out, a net change of -12 holders.
- The largest Regional Management Corp buyer in Q3 2014 was Park West Asset Management, an estimated $9.2M added.
- The largest Regional Management Corp seller in Q3 2014 was EJF Capital, an estimated $13.2M sold.
Based on aggregated 13F filings for Q3 2014.