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RE/MAX Holdings

140 hedge funds and large institutions have $736M invested in RE/MAX Holdings in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 62 increasing their positions, 36 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 36

50% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 14

21% more capital invested

Capital invested by funds: $609M → $736M (+$127M)

4% more funds holding

Funds holding: 134140 (+6)

1.98% more ownership

Funds ownership: 101.61%103.59% (+2%)

Holders
140
Holders Change
+6
Holders Change %
+4.48%
% of All Funds
3.74%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
62
Reduced
36
Closed
14
Calls
$120K
Puts
Net Calls
+$120K
Net Calls Change
+$91K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$97.5M +$6.01M +156,391 +7%
PI
2
Putnam Investments
Massachusetts
$65.6M -$3.39M -88,204 -5%
BAM
3
Burgundy Asset Management
Ontario, Canada
$60.6M -$784K -20,413 -1%
VBA
4
Van Berkom & Associates
Quebec, Canada
$57M -$4.22M -109,824 -7%
Kayne Anderson Rudnick Investment Management
5
Kayne Anderson Rudnick Investment Management
California
$47M +$16.2M +422,626 +57%
BFA
6
BlackRock Fund Advisors
California
$45.9M +$6.83M +177,885 +18%
WRF
7
Waddell & Reed Financial
Kansas
$30.6M +$1.34M +34,900 +5%
Vanguard Group
8
Vanguard Group
Pennsylvania
$29.4M +$1.54M +40,074 +6%
JP Morgan Chase
9
JP Morgan Chase
New York
$24.1M -$270K -7,027 -1%
BIT
10
BlackRock Institutional Trust
California
$22.9M +$2.36M +61,402 +12%
Renaissance Technologies
11
Renaissance Technologies
New York
$18.8M +$1.49M +38,700 +9%
CIM
12
Confluence Investment Management
Missouri
$18.7M +$309K +8,055 +2%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$15.9M +$3.74M +97,397 +33%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$13.1M +$1.29M +33,563 +11%
GIP
15
Granite Investment Partners
California
$12.6M +$2.6M +67,631 +27%
State Street
16
State Street
Massachusetts
$12.2M +$2.37M +61,836 +26%
Northern Trust
17
Northern Trust
Illinois
$10.7M +$1.74M +45,396 +21%
Wells Fargo
18
Wells Fargo
California
$8.74M +$2.64M +68,739 +46%
William Blair & Company
19
William Blair & Company
Illinois
$8.34M +$879K +22,889 +12%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$7.13M -$880K -22,920 -11%
American Century Companies
21
American Century Companies
Missouri
$7M +$120K +3,121 +2%
Charles Schwab
22
Charles Schwab
California
$6.67M -$1.35M -35,051 -17%
Goldman Sachs
23
Goldman Sachs
New York
$6.3M -$1.75M -45,638 -23%
Thrivent Financial for Lutherans
24
Thrivent Financial for Lutherans
Minnesota
$5.04M -$406K -10,580 -8%
Principal Financial Group
25
Principal Financial Group
Iowa
$5.01M +$144K +3,747 +3%

RMAX Hedge Fund Activity: Q2 2016 in Review

140 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q2 2016, worth a combined $736M — up 21% from $609M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new RMAX positions and 14 closed out — a net gain of 7 holders — while 62 added to existing stakes and 36 trimmed.

The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $16.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $9.85M sold.

  • 140 institutional investors held RE/MAX Holdings (RMAX) as of Q2 2016, up from 134 in Q1 2016.
  • Funds reported $736M of RE/MAX Holdings stock for Q2 2016, up 21% quarter-over-quarter.
  • 21 funds opened new RE/MAX Holdings positions in Q2 2016 and 14 closed out, a net change of +7 holders.
  • The largest RE/MAX Holdings buyer in Q2 2016 was Kayne Anderson Rudnick Investment Management, an estimated $16.2M added.
  • The largest RE/MAX Holdings seller in Q2 2016 was Adage Capital Partners, an estimated $9.85M sold.

Based on aggregated 13F filings for Q2 2016.