Regional Management Corp
98 hedge funds and large institutions have $289M invested in Regional Management Corp in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 40 reducing their positions, and 14 closing their positions.
1.32% less ownership
Funds ownership: 86.38% → 85.05% (-1.3%)
5% less funds holding
Funds holding: 103 → 98 (-5)
19% less capital invested
Capital invested by funds: $355M → $289M (-$66.4M)
23% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 40
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$5.19M |
| 2 |
Renaissance Technologies
New York
|
+$2.55M |
| 3 |
Goldman Sachs
New York
|
+$1.28M |
| 4 |
Millennium Management
New York
|
+$1.26M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$7.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.7M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$1.23M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.09M |
| 5 |
Man Group
London,
United Kingdom
|
-$1.06M |
RM Hedge Fund Activity: Q3 2018 in Review
98 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q3 2018, worth a combined $289M — down 19% from $355M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RM and 9 opened new positions — a net loss of 5 holders — while 40 trimmed existing stakes and 31 added.
The largest buyer was Cannell Capital, opening a new position worth an estimated $5.19M. The largest seller was Second Curve Capital, cutting an estimated $7.3M.
- 98 institutional investors held Regional Management Corp (RM) as of Q3 2018, down from 103 in Q2 2018.
- Funds reported $289M of Regional Management Corp stock for Q3 2018, down 19% quarter-over-quarter.
- 9 funds opened new Regional Management Corp positions in Q3 2018 and 14 closed out, a net change of -5 holders.
- The largest Regional Management Corp buyer in Q3 2018 was Cannell Capital, an estimated $5.19M added.
- The largest Regional Management Corp seller in Q3 2018 was Second Curve Capital, an estimated $7.3M sold.
Based on aggregated 13F filings for Q3 2018.