Regional Management Corp
92 hedge funds and large institutions have $247M invested in Regional Management Corp in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 30 reducing their positions, and 14 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 30
2.16% more ownership
Funds ownership: 85.05% → 87.21% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 98 → 92 (-6)
14% less capital invested
Capital invested by funds: $289M → $247M (-$41.8M)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.6M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$6.45M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.59M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.57M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$11M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.25M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$1.58M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.5M |
| 5 |
Renaissance Technologies
New York
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$24K | -833 | Closed |
|
|
DWA
102
Dorsey Wright & Associates
Pasadena,
California
| – | -$11K | -385 | Closed |
|
|
DA
103
Denali Advisors
San Diego,
California
| – | -$4K | -140 | Closed |
|
|
SPIA
104
Steward Partners Investment Advisory
New York
| – | -$3K | -115 | Closed |
|
|
PA
105
Parallel Advisors
San Francisco,
California
| – | -$2K | -65 | Closed |
|
RM Hedge Fund Activity: Q4 2018 in Review
92 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q4 2018, worth a combined $247M — down 14% from $289M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RM and 9 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 40 added.
The largest buyer was BlackRock, adding an estimated $8.6M. The largest seller was Second Curve Capital, exiting entirely with an estimated $11M sold.
- 92 institutional investors held Regional Management Corp (RM) as of Q4 2018, down from 98 in Q3 2018.
- Funds reported $247M of Regional Management Corp stock for Q4 2018, down 14% quarter-over-quarter.
- 9 funds opened new Regional Management Corp positions in Q4 2018 and 14 closed out, a net change of -5 holders.
- The largest Regional Management Corp buyer in Q4 2018 was BlackRock, an estimated $8.6M added.
- The largest Regional Management Corp seller in Q4 2018 was Second Curve Capital, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2018.