RE/MAX Holdings
RMAX
153 hedge funds and large institutions have $1.09B invested in RE/MAX Holdings in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 59 increasing their positions, 54 reducing their positions, and 14 closing their positions.
170% more call options, than puts
Call options by funds: $577K | Put options by funds: $214K
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
6% more capital invested
Capital invested by funds: $1.02B → $1.09B (+$64M)
9% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 54
0.17% more ownership
Funds ownership: 103.58% → 103.76% (+0.17%)
1% less funds holding
Funds holding: 155 → 153 (-2)
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
|
+$130M |
| 2 |
TA
Teachers Advisors
New York
|
+$7.16M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$5.77M |
| 4 |
Bank of New York Mellon
New York
|
+$5.73M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$10.6M |
| 2 |
JP Morgan Chase
New York
|
-$8.51M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$7.64M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$4.82M |
| 5 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$3.17M |
RMAX Hedge Fund Activity: Q1 2017 in Review
153 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q1 2017, worth a combined $1.09B — up 6.3% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new RMAX positions and 14 closed out — a net gain of 4 holders — while 59 added to existing stakes and 54 trimmed.
The largest buyer was BlackRock, adding an estimated $130M. The largest seller was Putnam Investments, cutting an estimated $10.6M.
- 153 institutional investors held RE/MAX Holdings (RMAX) as of Q1 2017, down from 155 in Q4 2016.
- Funds reported $1.09B of RE/MAX Holdings stock for Q1 2017, up 6.3% quarter-over-quarter.
- 18 funds opened new RE/MAX Holdings positions in Q1 2017 and 14 closed out, a net change of +4 holders.
- The largest RE/MAX Holdings buyer in Q1 2017 was BlackRock, an estimated $130M added.
- The largest RE/MAX Holdings seller in Q1 2017 was Putnam Investments, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2017.