RE/MAX Holdings
RMAX
152 hedge funds and large institutions have $555M invested in RE/MAX Holdings in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 44 reducing their positions, and 35 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 44
0.03% more ownership
Funds ownership: 101.63% → 101.66% (+0.03%)
6% less funds holding
Funds holding: 161 → 152 (-9)
26% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 35
31% less capital invested
Capital invested by funds: $800M → $555M (-$245M)
61% less call options, than puts
Call options by funds: $304K | Put options by funds: $771K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$9.54M |
| 2 |
BlackRock
New York
|
+$5.1M |
| 3 |
Morgan Stanley
New York
|
+$4.58M |
| 4 |
Two Sigma Investments
New York
|
+$3.59M |
| 5 |
Two Sigma Advisers
New York
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$11M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$6.71M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.09M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$3.12M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$2.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
176
Panagora Asset Management
Boston,
Massachusetts
| – | -$52K | -1,183 | Closed |
|
177
Fidelity Investments
Boston,
Massachusetts
| – | -$39K | -875 | Closed |
|
178
Acadian Asset Management
Boston,
Massachusetts
| – | -$26K | -590 | Closed |
|
179
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$13K | -304 | Closed |
|
|
CPIG
180
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$11K | -298 | Closed |
|
|
PA
181
Parallel Advisors
San Francisco,
California
| – | -$10.4K | -298 | Closed |
|
|
SWP
182
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$9K | -197 | Closed |
|
|
SWM
183
SeaCrest Wealth Management
Purchase,
New York
| – | -$8K | -186 | Closed |
|
|
GWM
184
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -31 | Closed |
|
|
PFBT
185
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -15 | Closed |
|
RMAX Hedge Fund Activity: Q4 2018 in Review
152 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q4 2018, worth a combined $555M — down 31% from $800M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of RMAX and 26 opened new positions — a net loss of 9 holders — while 44 trimmed existing stakes and 57 added.
The largest buyer was Burgundy Asset Management, adding an estimated $9.54M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $11M sold.
- 152 institutional investors held RE/MAX Holdings (RMAX) as of Q4 2018, down from 161 in Q3 2018.
- Funds reported $555M of RE/MAX Holdings stock for Q4 2018, down 31% quarter-over-quarter.
- 26 funds opened new RE/MAX Holdings positions in Q4 2018 and 35 closed out, a net change of -9 holders.
- The largest RE/MAX Holdings buyer in Q4 2018 was Burgundy Asset Management, an estimated $9.54M added.
- The largest RE/MAX Holdings seller in Q4 2018 was Waddell & Reed Financial, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2018.