RE/MAX Holdings
RMAX
96 hedge funds and large institutions have $431M invested in RE/MAX Holdings in 2015 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 21 reducing their positions, and 11 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 21
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
9% more capital invested
Capital invested by funds: $395M → $431M (+$36.7M)
7% more funds holding
Funds holding: 90 → 96 (+6)
1.42% less ownership
Funds ownership: 100.77% → 99.35% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$3.32M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.6M |
| 3 |
Renaissance Technologies
New York
|
+$2.22M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$2.11M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPC
Park Presidio Capital
San Francisco,
California
|
-$3.85M |
| 2 |
JP Morgan Chase
New York
|
-$2.45M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.92M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.79M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GMIM
101
General Motors Investment Management
New York
| – | -$238K | -7,178 | Closed |
|
102
AllianceBernstein
Nashville,
Tennessee
| – | -$133K | -4,000 | Closed |
|
103
SG Americas Securities
New York
| – | -$102K | -3,062 | Closed |
|
104
Creative Planning
Overland Park,
Kansas
| – | -$33K | -1,000 | Closed |
|
|
BJ
105
BlackRock Japan
Tokyo,
Japan
| – | -$17K | -513 | Closed |
|
|
LTFS
106
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$34 | +1 | New |
|
107
SEI Investments
Oaks,
Pennsylvania
| – | +$306 | +9 | New |
|
RMAX Hedge Fund Activity: Q2 2015 in Review
96 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q2 2015, worth a combined $431M — up 9.3% from $395M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RMAX positions and 11 closed out — a net gain of 6 holders — while 44 added to existing stakes and 21 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $3.32M. The largest seller was Park Presidio Capital, exiting entirely with an estimated $3.85M sold.
- 96 institutional investors held RE/MAX Holdings (RMAX) as of Q2 2015, up from 90 in Q1 2015.
- Funds reported $431M of RE/MAX Holdings stock for Q2 2015, up 9.3% quarter-over-quarter.
- 17 funds opened new RE/MAX Holdings positions in Q2 2015 and 11 closed out, a net change of +6 holders.
- The largest RE/MAX Holdings buyer in Q2 2015 was Janus Henderson Investors US, an estimated $3.32M added.
- The largest RE/MAX Holdings seller in Q2 2015 was Park Presidio Capital, an estimated $3.85M sold.
Based on aggregated 13F filings for Q2 2015.