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RE/MAX Holdings

148 hedge funds and large institutions have $1.15B invested in RE/MAX Holdings in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 65 increasing their positions, 47 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 47

14% more capital invested

Capital invested by funds: $1B → $1.15B (+$142M)

0.69% more ownership

Funds ownership: 101.08%101.77% (+0.69%)

3% less funds holding

Funds holding: 152148 (-4)

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

Holders
148
Holders Change
-4
Holders Change %
-2.63%
% of All Funds
3.69%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
65
Reduced
47
Closed
13
Calls
$680K
Puts
Net Calls
+$680K
Net Calls Change
-$284K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$151M +$82K +1,370 +0.1%
BlackRock
2
BlackRock
New York
$140M -$2.28M -38,028 -2%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$101M +$1.98M +33,116 +2%
BAM
4
Burgundy Asset Management
Ontario, Canada
$88.1M -$183K -3,058 -0.2%
VBA
5
Van Berkom & Associates
Quebec, Canada
$71.2M -$314K -5,249 -0.5%
WRF
6
Waddell & Reed Financial
Kansas
$62.7M -$2.12M -35,340 -3%
Vanguard Group
7
Vanguard Group
Pennsylvania
$58.2M +$2.2M +36,776 +4%
Renaissance Technologies
8
Renaissance Technologies
New York
$47.8M +$4.2M +70,200 +10%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$43.4M +$3.25M +54,283 +9%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$29.1M +$92.9K +1,551 +0.3%
JP Morgan Chase
11
JP Morgan Chase
New York
$27.1M -$1.05M -17,473 -4%
State Street
12
State Street
Massachusetts
$26.7M +$42.3K +707 +0.2%
CRCP
13
Copper Rock Capital Partners
Massachusetts
$21.8M +$729K +12,171 +4%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$21M +$17.4M +290,436 +732%
William Blair & Company
15
William Blair & Company
Illinois
$16.9M +$526K +8,790 +3%
Northern Trust
16
Northern Trust
Illinois
$14.3M +$130K +2,166 +1%
Wells Fargo
17
Wells Fargo
California
$14M +$325K +5,425 +3%
GIP
18
Granite Investment Partners
California
$11.3M +$627K +10,470 +6%
SAM
19
Sentinel Asset Management
Vermont
$10.2M +$3.22M +53,740 +50%
TA
20
Teachers Advisors
New York
$10M -$6.29K -105 -0.1%
Principal Financial Group
21
Principal Financial Group
Iowa
$9.35M -$121K -2,023 -1%
Charles Schwab
22
Charles Schwab
California
$8.98M -$1.98M -33,034 -19%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$8.89M +$181K +3,017 +2%
Natixis Advisors
24
Natixis Advisors
Massachusetts
$8.29M +$228K +3,808 +3%
Bank of America
25
Bank of America
North Carolina
$7.75M +$1.98M +33,144 +37%

RMAX Hedge Fund Activity: Q3 2017 in Review

148 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q3 2017, worth a combined $1.15B — up 14% from $1B a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of RMAX and 10 opened new positions — a net loss of 3 holders — while 47 trimmed existing stakes and 65 added.

The largest buyer was PNC Financial Services Group, adding an estimated $17.4M. The largest seller was Putnam Investments, cutting an estimated $10.5M.

  • 148 institutional investors held RE/MAX Holdings (RMAX) as of Q3 2017, down from 152 in Q2 2017.
  • Funds reported $1.15B of RE/MAX Holdings stock for Q3 2017, up 14% quarter-over-quarter.
  • 10 funds opened new RE/MAX Holdings positions in Q3 2017 and 13 closed out, a net change of -3 holders.
  • The largest RE/MAX Holdings buyer in Q3 2017 was PNC Financial Services Group, an estimated $17.4M added.
  • The largest RE/MAX Holdings seller in Q3 2017 was Putnam Investments, an estimated $10.5M sold.

Based on aggregated 13F filings for Q3 2017.