Regional Management Corp
104 hedge funds and large institutions have $271M invested in Regional Management Corp in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 40 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
21% more capital invested
Capital invested by funds: $224M → $271M (+$47.9M)
12% more funds holding
Funds holding: 93 → 104 (+11)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.52% less ownership
Funds ownership: 90.77% → 90.25% (-0.52%)
10% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 40
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $710K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.48M |
| 2 |
Renaissance Technologies
New York
|
+$3.45M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$3.24M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$3.1M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
Glen Capital Partners
Waltham,
Massachusetts
|
-$13.2M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$8.3M |
| 3 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$5.29M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$4.54M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
101
Geneos Wealth Management
Englewood,
Colorado
| $3K | – | – | – |
|
|
AG
102
Advisor Group
Phoenix,
Arizona
| $3K | +$2.31K | +97 | New |
|
103
Loomis, Sayles & Company
Boston,
Massachusetts
| $2K | – | – | – |
|
|
SPIA
104
Steward Partners Investment Advisory
New York
| $1K | +$1.69K | +71 | New |
|
|
PGCM
105
Prescott Group Capital Management
Tulsa,
Oklahoma
| – | -$8.3M | -383,563 | Closed |
|
|
CC
106
Cannell Capital
Alta,
Wyoming
| – | -$4.54M | -209,496 | Closed |
|
|
107
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.44M | -66,486 | Closed |
|
108
Ameriprise
Minneapolis,
Minnesota
| – | -$552K | -25,509 | Closed |
|
109
Millennium Management
New York
| – | -$413K | -19,060 | Closed |
|
|
PCM
110
Prelude Capital Management
New York
| – | -$141K | -6,517 | Closed |
|
|
CCMH
111
Cornerstone Capital Management Holdings
New York
| – | -$34K | -1,600 | Closed |
|
RM Hedge Fund Activity: Q4 2016 in Review
104 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q4 2016, worth a combined $271M — up 21% from $224M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RM positions and 7 closed out — a net gain of 12 holders — while 36 added to existing stakes and 40 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $3.48M. The largest seller was Glen Capital Partners, cutting an estimated $13.2M.
- 104 institutional investors held Regional Management Corp (RM) as of Q4 2016, up from 93 in Q3 2016.
- Funds reported $271M of Regional Management Corp stock for Q4 2016, up 21% quarter-over-quarter.
- 19 funds opened new Regional Management Corp positions in Q4 2016 and 7 closed out, a net change of +12 holders.
- The largest Regional Management Corp buyer in Q4 2016 was JP Morgan Chase, an estimated $3.48M added.
- The largest Regional Management Corp seller in Q4 2016 was Glen Capital Partners, an estimated $13.2M sold.
Based on aggregated 13F filings for Q4 2016.