RE/MAX Holdings
RMAX
152 hedge funds and large institutions have $1B invested in RE/MAX Holdings in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 62 increasing their positions, 46 reducing their positions, and 14 closing their positions.
954% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $101K
35% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 46
1% less funds holding
Funds holding: 153 → 152 (-1)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2.68% less ownership
Funds ownership: 103.76% → 101.08% (-2.7%)
8% less capital invested
Capital invested by funds: $1.09B → $1B (-$84.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
+$6.03M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$4.55M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$2.13M |
| 4 |
Renaissance Technologies
New York
|
+$2.05M |
| 5 |
LCM
Legato Capital Management
San Francisco,
California
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$18.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.73M |
| 3 |
BlackRock
New York
|
-$3.25M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$3.04M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.33M |
RMAX Hedge Fund Activity: Q2 2017 in Review
152 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q2 2017, worth a combined $1B — down 7.7% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RMAX and 13 opened new positions — a net loss of 1 holder — while 46 trimmed existing stakes and 62 added.
The largest buyer was Sentinel Asset Management, opening a new position worth an estimated $6.03M. The largest seller was Putnam Investments, cutting an estimated $18.4M.
- 152 institutional investors held RE/MAX Holdings (RMAX) as of Q2 2017, down from 153 in Q1 2017.
- Funds reported $1B of RE/MAX Holdings stock for Q2 2017, down 7.7% quarter-over-quarter.
- 13 funds opened new RE/MAX Holdings positions in Q2 2017 and 14 closed out, a net change of -1 holder.
- The largest RE/MAX Holdings buyer in Q2 2017 was Sentinel Asset Management, an estimated $6.03M added.
- The largest RE/MAX Holdings seller in Q2 2017 was Putnam Investments, an estimated $18.4M sold.
Based on aggregated 13F filings for Q2 2017.