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RE/MAX Holdings

116 hedge funds and large institutions have $649M invested in RE/MAX Holdings in 2015 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 23 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

189% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 9

148% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 23

45% more capital invested

Capital invested by funds: $447M → $649M (+$203M)

17% more funds holding

Funds holding: 99116 (+17)

2.72% more ownership

Funds ownership: 100.72%103.44% (+2.7%)

53% less call options, than puts

Call options by funds: $149K | Put options by funds: $318K

Holders
116
Holders Change
+17
Holders Change %
+17.17%
% of All Funds
3.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
26
Increased
57
Reduced
23
Closed
9
Calls
$149K
Puts
$318K
Net Calls
-$169K
Net Calls Change
-$194K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$78.8M +$66.4M +1,775,941 +527%
PI
2
Putnam Investments
Massachusetts
$63.6M -$3.1M -82,924 -5%
BAM
3
Burgundy Asset Management
Ontario, Canada
$61.7M -$18K -481 -0%
VBA
4
Van Berkom & Associates
Quebec, Canada
$50.7M +$9.96M +266,270 +24%
Kayne Anderson Rudnick Investment Management
5
Kayne Anderson Rudnick Investment Management
California
$28M +$9.25M +247,411 +49%
WRF
6
Waddell & Reed Financial
Kansas
$27M +$2.81M +75,100 +12%
Adage Capital Partners
7
Adage Capital Partners
Massachusetts
$26.1M +$26.2M +700,000 New
JP Morgan Chase
8
JP Morgan Chase
New York
$24.6M +$349K +9,338 +1%
Capital World Investors
9
Capital World Investors
California
$20.5M
Vanguard Group
10
Vanguard Group
Pennsylvania
$20.4M +$5.5M +147,201 +37%
BIT
11
BlackRock Institutional Trust
California
$18.7M -$548K -14,655 -3%
CIM
12
Confluence Investment Management
Missouri
$15.7M +$2.64M +70,560 +20%
Acadian Asset Management
13
Acadian Asset Management
Massachusetts
$15.3M +$4.56M +122,065 +42%
Renaissance Technologies
14
Renaissance Technologies
New York
$15M +$6.77M +180,923 +82%
BFA
15
BlackRock Fund Advisors
California
$10.5M +$575K +15,373 +6%
GIP
16
Granite Investment Partners
California
$9.22M -$1.08M -29,014 -11%
Northern Trust
17
Northern Trust
Illinois
$7.62M +$328K +8,767 +4%
State Street
18
State Street
Massachusetts
$7.2M +$475K +12,691 +7%
Charles Schwab
19
Charles Schwab
California
$7.08M +$3.87M +103,562 +120%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$6.96M +$677K +18,110 +11%
William Blair & Company
21
William Blair & Company
Illinois
$6.75M +$6.76M +180,868 New
American Century Companies
22
American Century Companies
Missouri
$6.08M -$380K -10,161 -6%
Wells Fargo
23
Wells Fargo
California
$5.5M +$2.2M +58,735 +66%
Lord, Abbett & Co
24
Lord, Abbett & Co
New Jersey
$5.38M +$800K +21,400 +17%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$5.01M +$421K +11,265 +9%

RMAX Hedge Fund Activity: Q4 2015 in Review

116 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q4 2015, worth a combined $649M — up 45% from $447M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new RMAX positions and 9 closed out — a net gain of 17 holders — while 57 added to existing stakes and 23 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $66.4M. The largest seller was Janus Henderson Investors US, exiting entirely with an estimated $10.8M sold.

  • 116 institutional investors held RE/MAX Holdings (RMAX) as of Q4 2015, up from 99 in Q3 2015.
  • Funds reported $649M of RE/MAX Holdings stock for Q4 2015, up 45% quarter-over-quarter.
  • 26 funds opened new RE/MAX Holdings positions in Q4 2015 and 9 closed out, a net change of +17 holders.
  • The largest RE/MAX Holdings buyer in Q4 2015 was T. Rowe Price Associates, an estimated $66.4M added.
  • The largest RE/MAX Holdings seller in Q4 2015 was Janus Henderson Investors US, an estimated $10.8M sold.

Based on aggregated 13F filings for Q4 2015.