RE/MAX Holdings
RMAX
99 hedge funds and large institutions have $447M invested in RE/MAX Holdings in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 20 reducing their positions, and 12 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 20
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
3% more funds holding
Funds holding: 96 → 99 (+3)
1.37% more ownership
Funds ownership: 99.35% → 100.72% (+1.4%)
4% more capital invested
Capital invested by funds: $431M → $447M (+$15.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$17.9M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$6.42M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.96M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.19M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$24.6M |
| 2 |
Goldman Sachs
New York
|
-$6.39M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$3.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.84M |
| 5 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$2.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Two Sigma Investments
New York
| – | -$1.23M | -34,493 | Closed |
|
|
PCM
102
Penn Capital Management
Philadelphia,
Pennsylvania
| – | -$606K | -17,060 | Closed |
|
103
Millennium Management
New York
| – | -$476K | -13,402 | Closed |
|
|
NCCM
104
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$245K | -6,900 | Closed |
|
|
SCM
105
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$237K | -6,664 | Closed |
|
|
MFBTD
106
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$213K | -6,000 | Closed |
|
|
PCM
107
Prelude Capital Management
New York
| – | -$178K | -5,000 | Closed |
|
108
Credit Agricole
Montrouge Cedex,
France
| – | -$127K | -3,585 | Closed |
|
|
BRWM
109
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$17K | -500 | Closed |
|
|
TRCT
110
Tower Research Capital (TRC)
New York
| – | -$8K | -220 | Closed |
|
111
SEI Investments
Oaks,
Pennsylvania
| – | +$75 | +2 | +22% |
|
RMAX Hedge Fund Activity: Q3 2015 in Review
99 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q3 2015, worth a combined $447M — up 3.5% from $431M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RMAX positions and 12 closed out — a net gain of 3 holders — while 50 added to existing stakes and 20 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $17.9M. The largest seller was Putnam Investments, cutting an estimated $24.6M.
- 99 institutional investors held RE/MAX Holdings (RMAX) as of Q3 2015, up from 96 in Q2 2015.
- Funds reported $447M of RE/MAX Holdings stock for Q3 2015, up 3.5% quarter-over-quarter.
- 15 funds opened new RE/MAX Holdings positions in Q3 2015 and 12 closed out, a net change of +3 holders.
- The largest RE/MAX Holdings buyer in Q3 2015 was Kayne Anderson Rudnick Investment Management, an estimated $17.9M added.
- The largest RE/MAX Holdings seller in Q3 2015 was Putnam Investments, an estimated $24.6M sold.
Based on aggregated 13F filings for Q3 2015.