RE/MAX Holdings
RMAX
115 hedge funds and large institutions have $323M invested in RE/MAX Holdings in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 46 increasing their positions, 42 reducing their positions, and 22 closing their positions.
10% more capital invested
Capital invested by funds: $293M → $323M (+$29.6M)
10% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 42
0.45% more ownership
Funds ownership: 93.87% → 94.32% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 126 → 115 (-11)
24% less call options, than puts
Call options by funds: $28K | Put options by funds: $37K
45% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$3.68M |
| 2 |
RFM
RPD Fund Management
New York
|
+$3.27M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.63M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.04M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$951K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.51M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.33M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.33M |
| 4 |
BlackRock
New York
|
-$1.02M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$990K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Balyasny Asset Management
Chicago,
Illinois
| – | -$325K | -17,458 | Closed |
|
|
JF
127
Jump Financial
Chicago,
Illinois
| – | -$248K | -13,300 | Closed |
|
|
VRS
128
Virginia Retirement Systems
Richmond,
Virginia
| – | -$211K | -11,300 | Closed |
|
|
ACM
129
Aquatic Capital Management
Chicago,
Illinois
| – | -$205K | -11,000 | Closed |
|
|
LAM
130
Lakewood Asset Management
Naperville,
Illinois
| – | -$77K | -4,157 | Closed |
|
|
PMEF
131
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$35.1K | -1,885 | Closed |
|
|
MAM
132
Meeder Asset Management
Dublin,
Ohio
| – | -$13.3K | -712 | Closed |
|
|
RBC
133
Romano Brothers & Co
Evanston,
Illinois
| – | -$4.66K | -250 | Closed |
|
|
AF
134
Allworth Financial
Folsom,
California
| – | -$1.83K | -98 | Closed |
|
|
IA
135
IFP Advisors
Tampa,
Florida
| – | -$1K | -28 | Closed |
|
RMAX Hedge Fund Activity: Q1 2023 in Review
115 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q1 2023, worth a combined $323M — up 10% from $293M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RMAX and 12 opened new positions — a net loss of 10 holders — while 42 trimmed existing stakes and 46 added.
The largest buyer was Magnolia Group, adding an estimated $3.68M. The largest seller was Renaissance Technologies, cutting an estimated $1.51M.
- 115 institutional investors held RE/MAX Holdings (RMAX) as of Q1 2023, down from 126 in Q4 2022.
- Funds reported $323M of RE/MAX Holdings stock for Q1 2023, up 10% quarter-over-quarter.
- 12 funds opened new RE/MAX Holdings positions in Q1 2023 and 22 closed out, a net change of -10 holders.
- The largest RE/MAX Holdings buyer in Q1 2023 was Magnolia Group, an estimated $3.68M added.
- The largest RE/MAX Holdings seller in Q1 2023 was Renaissance Technologies, an estimated $1.51M sold.
Based on aggregated 13F filings for Q1 2023.