RE/MAX Holdings
RMAX
140 hedge funds and large institutions have $673M invested in RE/MAX Holdings in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 53 reducing their positions, and 21 closing their positions.
3% more capital invested
Capital invested by funds: $655M → $673M (+$17.9M)
2.66% less ownership
Funds ownership: 94.81% → 92.15% (-2.7%)
6% less funds holding
Funds holding: 149 → 140 (-9)
23% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 53
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.23M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$3.82M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.92M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.61M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.61M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$3.87M |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$3.27M |
| 4 |
Morgan Stanley
New York
|
-$3.2M |
| 5 |
Renaissance Technologies
New York
|
-$3.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
AQR Capital Management
Greenwich,
Connecticut
| – | -$265K | -7,291 | Closed |
|
|
MSA
152
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$251K | -6,920 | Closed |
|
|
MSL
153
Mackay Shields LLC
New York
| – | -$200K | -5,500 | Closed |
|
154
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$160K | -4,400 | Closed |
|
|
VCG
155
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$48K | -1,331 | Closed |
|
|
FTDI
156
First Trust Direct Indexing
Boston,
Massachusetts
| – | -$42K | -1,162 | Closed |
|
157
Simplex Trading
Chicago,
Illinois
| – | -$6K | -171 | Closed |
|
|
LWCFA
158
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$6K | -165 | Closed |
|
|
CFA
159
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$3.92K | -100 | Closed |
|
|
PWPS
160
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$3K | -61 | Closed |
|
|
HGWM
161
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -35 | Closed |
|
RMAX Hedge Fund Activity: Q1 2021 in Review
140 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q1 2021, worth a combined $673M — up 2.7% from $655M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of RMAX and 15 opened new positions — a net loss of 6 holders — while 53 trimmed existing stakes and 41 added.
The largest buyer was BlackRock, adding an estimated $5.23M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $5.61M sold.
- 140 institutional investors held RE/MAX Holdings (RMAX) as of Q1 2021, down from 149 in Q4 2020.
- Funds reported $673M of RE/MAX Holdings stock for Q1 2021, up 2.7% quarter-over-quarter.
- 15 funds opened new RE/MAX Holdings positions in Q1 2021 and 21 closed out, a net change of -6 holders.
- The largest RE/MAX Holdings buyer in Q1 2021 was BlackRock, an estimated $5.23M added.
- The largest RE/MAX Holdings seller in Q1 2021 was Assenagon Asset Management, an estimated $5.61M sold.
Based on aggregated 13F filings for Q1 2021.