Regional Management Corp
87 hedge funds and large institutions have $198M invested in Regional Management Corp in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 40 increasing their positions, 27 reducing their positions, and 18 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 27
2.73% less ownership
Funds ownership: 90.25% → 87.52% (-2.7%)
16% less funds holding
Funds holding: 104 → 87 (-17)
27% less capital invested
Capital invested by funds: $271M → $198M (-$73.9M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.8M |
| 2 |
Millennium Management
New York
|
+$3.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.99M |
| 4 |
Renaissance Technologies
New York
|
+$2.75M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$11.4M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$5.4M |
| 3 |
HIS
Horizon Investment Services
Hammond,
Indiana
|
-$1.77M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.69M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HW
101
Hancock Whitney
Gulfport,
Mississippi
| – | -$204K | -7,780 | Closed |
|
102
Group One Trading
Chicago,
Illinois
| – | -$21K | -800 | Closed |
|
|
MAM
103
Meeder Asset Management
Dublin,
Ohio
| – | -$19K | -710 | Closed |
|
104
Walleye Trading
New York
| – | -$8K | -300 | Closed |
|
|
AG
105
Advisor Group
Phoenix,
Arizona
| – | -$3K | -97 | Closed |
|
RM Hedge Fund Activity: Q1 2017 in Review
87 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q1 2017, worth a combined $198M — down 27% from $271M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of RM and 6 opened new positions — a net loss of 12 holders — while 27 trimmed existing stakes and 40 added.
The largest buyer was BlackRock, adding an estimated $13.8M. The largest seller was Second Curve Capital, cutting an estimated $11.4M.
- 87 institutional investors held Regional Management Corp (RM) as of Q1 2017, down from 104 in Q4 2016.
- Funds reported $198M of Regional Management Corp stock for Q1 2017, down 27% quarter-over-quarter.
- 6 funds opened new Regional Management Corp positions in Q1 2017 and 18 closed out, a net change of -12 holders.
- The largest Regional Management Corp buyer in Q1 2017 was BlackRock, an estimated $13.8M added.
- The largest Regional Management Corp seller in Q1 2017 was Second Curve Capital, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2017.