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Regional Management Corp

88 hedge funds and large institutions have $272M invested in Regional Management Corp in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 35 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

11% more capital invested

Capital invested by funds: $244M → $272M (+$27.6M)

7% more funds holding

Funds holding: 8288 (+6)

1.94% more ownership

Funds ownership: 86.65%88.59% (+1.9%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

29% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 35

Holders
88
Holders Change
+6
Holders Change %
+7.32%
% of All Funds
2%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
12
Increased
25
Reduced
35
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Basswood Capital Management
New York
$40.5M +$2.43M +99,275 +7%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$30M -$327K -13,357 -1%
SCC
3
Second Curve Capital
Pennsylvania
$28.4M +$10.9M +445,000 +70%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$22.9M +$842K +34,409 +4%
LSV Asset Management
5
LSV Asset Management
Illinois
$16.8M -$250K -10,200 -2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$16.5M +$142K +5,788 +0.9%
BlackRock
7
BlackRock
New York
$16.3M +$320K +13,061 +2%
Renaissance Technologies
8
Renaissance Technologies
New York
$7.72M -$325K -13,300 -4%
NI
9
Numeric Investors
Massachusetts
$7.47M -$2.67M -109,068 -28%
AQR Capital Management
10
AQR Capital Management
Connecticut
$7.02M -$314K -12,822 -5%
TCM
11
Tieton Capital Management
Washington
$6.37M -$248K -10,140 -4%
BCM
12
Bridgeway Capital Management
Texas
$5.49M +$7.34K +300 +0.1%
State Street
13
State Street
Massachusetts
$5.02M -$33.2K -1,359 -0.7%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$3.5M -$9.79K -400 -0.3%
Northern Trust
15
Northern Trust
Illinois
$2.9M -$62K -2,536 -2%
American Century Companies
16
American Century Companies
Missouri
$2.71M -$1.89M -77,394 -43%
MCM
17
Matarin Capital Management
New York
$2.44M -$893K -36,495 -28%
OAM
18
Oxford Asset Management
United Kingdom
$2.37M -$598K -24,456 -21%
Millennium Management
19
Millennium Management
New York
$2.28M +$1.38M +56,407 +186%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$2.24M -$13.6K -554 -0.6%
Charles Schwab
21
Charles Schwab
California
$2.22M +$1.68M +68,514 +436%
SCM
22
Signia Capital Management
Washington
$2.18M -$17.3K -707 -0.8%
Goldman Sachs
23
Goldman Sachs
New York
$2.17M +$139K +5,685 +7%
PGIM
24
Pacific Global Investment Management
California
$2.16M -$178K -7,275 -8%
Prudential Financial
25
Prudential Financial
New Jersey
$2.15M -$59.4K -2,429 -3%

RM Hedge Fund Activity: Q4 2017 in Review

88 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q4 2017, worth a combined $272M — up 11% from $244M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new RM positions and 6 closed out — a net gain of 6 holders — while 25 added to existing stakes and 35 trimmed.

The largest buyer was Second Curve Capital, adding an estimated $10.9M. The largest seller was AJO LP, cutting an estimated $2.84M.

  • 88 institutional investors held Regional Management Corp (RM) as of Q4 2017, up from 82 in Q3 2017.
  • Funds reported $272M of Regional Management Corp stock for Q4 2017, up 11% quarter-over-quarter.
  • 12 funds opened new Regional Management Corp positions in Q4 2017 and 6 closed out, a net change of +6 holders.
  • The largest Regional Management Corp buyer in Q4 2017 was Second Curve Capital, an estimated $10.9M added.
  • The largest Regional Management Corp seller in Q4 2017 was AJO LP, an estimated $2.84M sold.

Based on aggregated 13F filings for Q4 2017.