RE/MAX Holdings
RMAX
133 hedge funds and large institutions have $209M invested in RE/MAX Holdings in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 47 increasing their positions, 44 reducing their positions, and 29 closing their positions.
7% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 29
7% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 44
1% more funds holding
Funds holding: 132 → 133 (+1)
6% less capital invested
Capital invested by funds: $222M → $209M (-$13.8M)
8.71% less ownership
Funds ownership: 94.55% → 85.85% (-8.7%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
81% less call options, than puts
Call options by funds: $69K | Put options by funds: $365K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.57M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$3.94M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.67M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.65M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.2M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$6.68M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.08M |
| 4 |
GC
Gratia Capital
Los Angeles,
California
|
-$3.98M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.21M |
RMAX Hedge Fund Activity: Q4 2023 in Review
133 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q4 2023, worth a combined $209M — down 6.2% from $222M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new RMAX positions and 29 closed out — a net gain of 2 holders — while 47 added to existing stakes and 44 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.57M. The largest seller was Vanguard Group, cutting an estimated $9.2M.
- 133 institutional investors held RE/MAX Holdings (RMAX) as of Q4 2023, up from 132 in Q3 2023.
- Funds reported $209M of RE/MAX Holdings stock for Q4 2023, down 6.2% quarter-over-quarter.
- 31 funds opened new RE/MAX Holdings positions in Q4 2023 and 29 closed out, a net change of +2 holders.
- The largest RE/MAX Holdings buyer in Q4 2023 was Morgan Stanley, an estimated $4.57M added.
- The largest RE/MAX Holdings seller in Q4 2023 was Vanguard Group, an estimated $9.2M sold.
Based on aggregated 13F filings for Q4 2023.