Regional Management Corp
80 hedge funds and large institutions have $277M invested in Regional Management Corp in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 41 increasing their positions, 22 reducing their positions, and 24 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 22
0.55% more ownership
Funds ownership: 88.21% → 88.77% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less funds holding
Funds holding: 93 → 80 (-13)
27% less capital invested
Capital invested by funds: $378M → $277M (-$102M)
50% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$7.76M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$7.06M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$6.47M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$5.16M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$5.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$13.8M |
| 2 |
WSA
Wall Street Associates
Lajolla,
California
|
-$13.7M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.94M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.16M |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.42M |
RM Hedge Fund Activity: Q1 2014 in Review
80 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q1 2014, worth a combined $277M — down 27% from $378M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of RM and 12 opened new positions — a net loss of 12 holders — while 22 trimmed existing stakes and 41 added.
The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $7.76M. The largest seller was RS Investment Management, exiting entirely with an estimated $13.8M sold.
- 80 institutional investors held Regional Management Corp (RM) as of Q1 2014, down from 93 in Q4 2013.
- Funds reported $277M of Regional Management Corp stock for Q1 2014, down 27% quarter-over-quarter.
- 12 funds opened new Regional Management Corp positions in Q1 2014 and 24 closed out, a net change of -12 holders.
- The largest Regional Management Corp buyer in Q1 2014 was Cardinal Capital Management LLC (Connecticut), an estimated $7.76M added.
- The largest Regional Management Corp seller in Q1 2014 was RS Investment Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2014.