Regional Management Corp
93 hedge funds and large institutions have $379M invested in Regional Management Corp in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 25 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
104% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 25
42% more capital invested
Capital invested by funds: $267M → $379M (+$112M)
21.54% more ownership
Funds ownership: 66.68% → 88.21% (+22%)
13% more funds holding
Funds holding: 82 → 93 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$15M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$12.5M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$9.64M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$7.4M |
| 5 |
RIM
RS Investment Management
San Francisco,
California
|
+$7.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$6.18M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$4.96M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$4.24M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.27M |
| 5 |
RA
Royce & Associates
New York
|
-$595K |
RM Hedge Fund Activity: Q4 2013 in Review
93 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q4 2013, worth a combined $379M — up 42% from $267M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RM positions and 4 closed out — a net gain of 11 holders — while 51 added to existing stakes and 25 trimmed.
The largest buyer was Second Curve Capital, adding an estimated $15M. The largest seller was Nantahala Capital Management, exiting entirely with an estimated $6.18M sold.
- 93 institutional investors held Regional Management Corp (RM) as of Q4 2013, up from 82 in Q3 2013.
- Funds reported $379M of Regional Management Corp stock for Q4 2013, up 42% quarter-over-quarter.
- 15 funds opened new Regional Management Corp positions in Q4 2013 and 4 closed out, a net change of +11 holders.
- The largest Regional Management Corp buyer in Q4 2013 was Second Curve Capital, an estimated $15M added.
- The largest Regional Management Corp seller in Q4 2013 was Nantahala Capital Management, an estimated $6.18M sold.
Based on aggregated 13F filings for Q4 2013.