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Regional Management Corp

83 hedge funds and large institutions have $127M invested in Regional Management Corp in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 35 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.39% less ownership

Funds ownership: 85.91%84.52% (-1.4%)

13% less funds holding

Funds holding: 9583 (-12)

26% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 35

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

55% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 22

55% less capital invested

Capital invested by funds: $285M → $127M (-$157M)

Holders
83
Holders Change
-12
Holders Change %
-12.63%
% of All Funds
1.83%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
10
Increased
26
Reduced
35
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Basswood Capital Management
New York
$19.1M
Wellington Management Group
2
Wellington Management Group
Massachusetts
$14.9M +$227K +9,200 +0.9%
BlackRock
3
BlackRock
New York
$13M +$1.35M +54,616 +6%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$12.7M -$840K -34,094 -4%
Renaissance Technologies
5
Renaissance Technologies
New York
$7.34M -$467K -18,963 -3%
Vanguard Group
6
Vanguard Group
Pennsylvania
$7.3M +$2.06M +83,524 +19%
CCM
7
Cloverdale Capital Management
Texas
$6.91M +$7.45M +302,360 +149%
LSV Asset Management
8
LSV Asset Management
Illinois
$4.7M -$470K -19,100 -5%
TCM
9
Tieton Capital Management
Washington
$2.73M -$316K -12,821 -6%
State Street
10
State Street
Massachusetts
$2.23M -$590K -23,951 -13%
Arrowstreet Capital
11
Arrowstreet Capital
Massachusetts
$2.17M -$120K -4,854 -3%
Prudential Financial
12
Prudential Financial
New Jersey
$2.12M +$922K +37,440 +32%
Millennium Management
13
Millennium Management
New York
$1.88M -$1.31M -53,229 -28%
SCM
14
Signia Capital Management
Washington
$1.88M -$1.13M -45,728 -25%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$1.72M -$154K -6,263 -5%
Northern Trust
16
Northern Trust
Illinois
$1.43M +$92.7K +3,764 +4%
BCM
17
Bridgeway Capital Management
Texas
$1.36M -$493K -20,000 -17%
N
18
Nuveen
North Carolina
$1.35M +$170K +6,909 +7%
MAM
19
Martingale Asset Management
Massachusetts
$1.19M -$17K -690 -0.8%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$1.13M -$45.1K -1,829 -2%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$1.09M +$19.1K +775 +1%
Fuller & Thaler Asset Management
22
Fuller & Thaler Asset Management
California
$1.08M +$1.94M +78,921 New
WCM
23
Wedge Capital Management
North Carolina
$1.06M +$175K +7,099 +10%
Citadel Advisors
24
Citadel Advisors
Florida
$1.05M +$333K +13,511 +21%
AQR Capital Management
25
AQR Capital Management
Connecticut
$1.03M +$404K +16,391 +28%

RM Hedge Fund Activity: Q1 2020 in Review

83 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Regional Management Corp (RM) for Q1 2020, worth a combined $127M — down 55% from $285M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of RM and 10 opened new positions — a net loss of 12 holders — while 35 trimmed existing stakes and 26 added.

The largest buyer was Cloverdale Capital Management, adding an estimated $7.45M. The largest seller was AJO LP, exiting entirely with an estimated $2.41M sold.

  • 83 institutional investors held Regional Management Corp (RM) as of Q1 2020, down from 95 in Q4 2019.
  • Funds reported $127M of Regional Management Corp stock for Q1 2020, down 55% quarter-over-quarter.
  • 10 funds opened new Regional Management Corp positions in Q1 2020 and 22 closed out, a net change of -12 holders.
  • The largest Regional Management Corp buyer in Q1 2020 was Cloverdale Capital Management, an estimated $7.45M added.
  • The largest Regional Management Corp seller in Q1 2020 was AJO LP, an estimated $2.41M sold.

Based on aggregated 13F filings for Q1 2020.