RE/MAX Holdings
RMAX
155 hedge funds and large institutions have $555M invested in RE/MAX Holdings in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 64 increasing their positions, 39 reducing their positions, and 31 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 39
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
4% less funds holding
Funds holding: 161 → 155 (-6)
4.99% less ownership
Funds ownership: 106.47% → 101.48% (-5%)
24% less capital invested
Capital invested by funds: $728M → $555M (-$173M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $790K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.76M |
| 3 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$4.44M |
| 4 |
SC
Southside Capital
Miami Beach,
Florida
|
+$4.35M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$4.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$60.3M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$7.55M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.44M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$4.59M |
| 5 |
Bank of New York Mellon
New York
|
-$2.84M |
RMAX Hedge Fund Activity: Q2 2019 in Review
155 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q2 2019, worth a combined $555M — down 24% from $728M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of RMAX and 28 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 64 added.
The largest buyer was Millennium Management, adding an estimated $12M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $60.3M.
- 155 institutional investors held RE/MAX Holdings (RMAX) as of Q2 2019, down from 161 in Q1 2019.
- Funds reported $555M of RE/MAX Holdings stock for Q2 2019, down 24% quarter-over-quarter.
- 28 funds opened new RE/MAX Holdings positions in Q2 2019 and 31 closed out, a net change of -3 holders.
- The largest RE/MAX Holdings buyer in Q2 2019 was Millennium Management, an estimated $12M added.
- The largest RE/MAX Holdings seller in Q2 2019 was Kayne Anderson Rudnick Investment Management, an estimated $60.3M sold.
Based on aggregated 13F filings for Q2 2019.