RE/MAX Holdings
RMAX
134 hedge funds and large institutions have $609M invested in RE/MAX Holdings in 2016 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 65 increasing their positions, 24 reducing their positions, and 13 closing their positions.
171% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 24
146% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 13
16% more funds holding
Funds holding: 116 → 134 (+18)
1.84% less ownership
Funds ownership: 103.44% → 101.61% (-1.8%)
6% less capital invested
Capital invested by funds: $649M → $609M (-$40.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$22.9M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.78M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$5.58M |
| 4 |
Bank of New York Mellon
New York
|
+$5.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$20.5M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$13.9M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.28M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$4.38M |
| 5 |
CRIM
Castle Ridge Investment Management
Greenwich,
Connecticut
|
-$3.48M |
RMAX Hedge Fund Activity: Q1 2016 in Review
134 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q1 2016, worth a combined $609M — down 6.2% from $649M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new RMAX positions and 13 closed out — a net gain of 19 holders — while 65 added to existing stakes and 24 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $22.9M. The largest seller was Capital World Investors, exiting entirely with an estimated $20.5M sold.
- 134 institutional investors held RE/MAX Holdings (RMAX) as of Q1 2016, up from 116 in Q4 2015.
- Funds reported $609M of RE/MAX Holdings stock for Q1 2016, down 6.2% quarter-over-quarter.
- 32 funds opened new RE/MAX Holdings positions in Q1 2016 and 13 closed out, a net change of +19 holders.
- The largest RE/MAX Holdings buyer in Q1 2016 was BlackRock Fund Advisors, an estimated $22.9M added.
- The largest RE/MAX Holdings seller in Q1 2016 was Capital World Investors, an estimated $20.5M sold.
Based on aggregated 13F filings for Q1 2016.