RE/MAX Holdings
RMAX
85 hedge funds and large institutions have $394M invested in RE/MAX Holdings in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 3 closing their positions.
467% more call options, than puts
Call options by funds: $17K | Put options by funds: $3K
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
18% more capital invested
Capital invested by funds: $335M → $394M (+$59.3M)
13% more funds holding
Funds holding: 75 → 85 (+10)
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
1.66% more ownership
Funds ownership: 97.33% → 98.99% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$12.8M |
| 2 |
Bank of New York Mellon
New York
|
+$3.08M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$2.96M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.64M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.91M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$5.2M |
| 3 |
HIP
Hatteras Investment Partners
Raleigh,
North Carolina
|
-$3.28M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.91M |
| 5 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$2.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wells Fargo
San Francisco,
California
| $20K | -$5.09K | -157 | -22% |
|
|
GT
77
Glenmede Trust
Philadelphia,
Pennsylvania
| $13K | – | – | – |
|
78
BlackRock
New York
| $10K | – | – | – |
|
79
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $6K | -$515K | -15,875 | -99% |
|
|
FMT
80
First Mercantile Trust
Cordova,
Tennessee
| $6K | -$487 | -15 | -8% |
|
|
DSC
81
Duncker Streett & Co
St. Louis,
Missouri
| $6K | – | – | – |
|
|
IPC
82
Independent Portfolio Consultants
Boca Raton,
Florida
| $3K | +$2.6K | +80 | New |
|
83
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | -$40.5K | -1,247 | -97% |
|
|
GC
84
Globeflex Capital
San Diego,
California
| $1K | +$746 | +23 | New |
|
85
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $243 | +$3.12K | +96 | +1% |
|
|
CGI
86
CI Global Investments
Oakland,
California
| – | -$1.78M | -60,000 | Closed |
|
|
TRCT
87
Tower Research Capital (TRC)
New York
| – | -$30K | -1,020 | Closed |
|
88
BNP Paribas Financial Markets
Paris,
France
| – | -$19.2K | -645 | Closed |
|
RMAX Hedge Fund Activity: Q4 2014 in Review
85 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q4 2014, worth a combined $394M — up 18% from $335M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RMAX positions and 3 closed out — a net gain of 13 holders — while 30 added to existing stakes and 27 trimmed.
The largest buyer was Bank of America, adding an estimated $12.8M. The largest seller was JP Morgan Chase, cutting an estimated $9.91M.
- 85 institutional investors held RE/MAX Holdings (RMAX) as of Q4 2014, up from 75 in Q3 2014.
- Funds reported $394M of RE/MAX Holdings stock for Q4 2014, up 18% quarter-over-quarter.
- 16 funds opened new RE/MAX Holdings positions in Q4 2014 and 3 closed out, a net change of +13 holders.
- The largest RE/MAX Holdings buyer in Q4 2014 was Bank of America, an estimated $12.8M added.
- The largest RE/MAX Holdings seller in Q4 2014 was JP Morgan Chase, an estimated $9.91M sold.
Based on aggregated 13F filings for Q4 2014.