Regional Management Corp
92 hedge funds and large institutions have $320M invested in Regional Management Corp in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 39 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more capital invested
Capital invested by funds: $272M → $320M (+$48.3M)
5% more funds holding
Funds holding: 88 → 92 (+4)
2.98% less ownership
Funds ownership: 88.59% → 85.61% (-3%)
44% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$4.96M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.08M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$2.8M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.67M |
| 5 |
Renaissance Technologies
New York
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$8.28M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$2.71M |
| 3 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$1.93M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.87M |
| 5 |
Millennium Management
New York
|
-$1.79M |
RM Hedge Fund Activity: Q1 2018 in Review
92 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q1 2018, worth a combined $320M — up 18% from $272M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RM positions and 11 closed out — a net gain of 6 holders — while 22 added to existing stakes and 39 trimmed.
The largest buyer was AJO LP, adding an estimated $4.96M. The largest seller was Second Curve Capital, cutting an estimated $8.28M.
- 92 institutional investors held Regional Management Corp (RM) as of Q1 2018, up from 88 in Q4 2017.
- Funds reported $320M of Regional Management Corp stock for Q1 2018, up 18% quarter-over-quarter.
- 17 funds opened new Regional Management Corp positions in Q1 2018 and 11 closed out, a net change of +6 holders.
- The largest Regional Management Corp buyer in Q1 2018 was AJO LP, an estimated $4.96M added.
- The largest Regional Management Corp seller in Q1 2018 was Second Curve Capital, an estimated $8.28M sold.
Based on aggregated 13F filings for Q1 2018.