RE/MAX Holdings
RMAX
140 hedge funds and large institutions have $736M invested in RE/MAX Holdings in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 62 increasing their positions, 36 reducing their positions, and 14 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 36
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
21% more capital invested
Capital invested by funds: $609M → $736M (+$127M)
4% more funds holding
Funds holding: 134 → 140 (+6)
1.98% more ownership
Funds ownership: 101.61% → 103.59% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$16.2M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.83M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.01M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.74M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.85M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.49M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$4.22M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.39M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.53M |
RMAX Hedge Fund Activity: Q2 2016 in Review
140 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q2 2016, worth a combined $736M — up 21% from $609M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new RMAX positions and 14 closed out — a net gain of 7 holders — while 62 added to existing stakes and 36 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $16.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $9.85M sold.
- 140 institutional investors held RE/MAX Holdings (RMAX) as of Q2 2016, up from 134 in Q1 2016.
- Funds reported $736M of RE/MAX Holdings stock for Q2 2016, up 21% quarter-over-quarter.
- 21 funds opened new RE/MAX Holdings positions in Q2 2016 and 14 closed out, a net change of +7 holders.
- The largest RE/MAX Holdings buyer in Q2 2016 was Kayne Anderson Rudnick Investment Management, an estimated $16.2M added.
- The largest RE/MAX Holdings seller in Q2 2016 was Adage Capital Partners, an estimated $9.85M sold.
Based on aggregated 13F filings for Q2 2016.