RE/MAX Holdings
RMAX
157 hedge funds and large institutions have $854M invested in RE/MAX Holdings in 2017 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 56 increasing their positions, 53 reducing their positions, and 21 closing their positions.
231% more call options, than puts
Call options by funds: $3.15M | Put options by funds: $951K
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
6% more funds holding
Funds holding: 148 → 157 (+9)
6% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 53
2.34% less ownership
Funds ownership: 101.77% → 99.42% (-2.3%)
25% less capital invested
Capital invested by funds: $1.15B → $854M (-$292M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$17.5M |
| 2 |
Renaissance Technologies
New York
|
+$7.57M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$7.54M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$5.6M |
| 5 |
Morgan Stanley
New York
|
+$4.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$37.6M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$21.8M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$11.3M |
| 4 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$10.2M |
| 5 |
TA
Teachers Advisors
New York
|
-$7.13M |
RMAX Hedge Fund Activity: Q4 2017 in Review
157 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q4 2017, worth a combined $854M — down 25% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new RMAX positions and 21 closed out — a net gain of 9 holders — while 56 added to existing stakes and 53 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $17.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $37.6M.
- 157 institutional investors held RE/MAX Holdings (RMAX) as of Q4 2017, up from 148 in Q3 2017.
- Funds reported $854M of RE/MAX Holdings stock for Q4 2017, down 25% quarter-over-quarter.
- 30 funds opened new RE/MAX Holdings positions in Q4 2017 and 21 closed out, a net change of +9 holders.
- The largest RE/MAX Holdings buyer in Q4 2017 was Millennium Management, an estimated $17.5M added.
- The largest RE/MAX Holdings seller in Q4 2017 was T. Rowe Price Associates, an estimated $37.6M sold.
Based on aggregated 13F filings for Q4 2017.