RE/MAX Holdings
RMAX
127 hedge funds and large institutions have $323M invested in RE/MAX Holdings in 2022 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 37 increasing their positions, 53 reducing their positions, and 18 closing their positions.
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
2% more funds holding
Funds holding: 125 → 127 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7.86% less ownership
Funds ownership: 98.86% → 91% (-7.9%)
30% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 53
31% less capital invested
Capital invested by funds: $467M → $323M (-$144M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFM
RPD Fund Management
New York
|
+$5.63M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$2.56M |
| 3 |
Millennium Management
New York
|
+$2.26M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.68M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$969K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$16.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$5.91M |
| 3 |
AAM
Aureus Asset Management
Boston,
Massachusetts
|
-$4.55M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.79M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.21M |
RMAX Hedge Fund Activity: Q3 2022 in Review
127 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q3 2022, worth a combined $323M — down 31% from $467M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new RMAX positions and 18 closed out — a net gain of 3 holders — while 37 added to existing stakes and 53 trimmed.
The largest buyer was RPD Fund Management, adding an estimated $5.63M. The largest seller was BlackRock, cutting an estimated $16.1M.
- 127 institutional investors held RE/MAX Holdings (RMAX) as of Q3 2022, up from 125 in Q2 2022.
- Funds reported $323M of RE/MAX Holdings stock for Q3 2022, down 31% quarter-over-quarter.
- 21 funds opened new RE/MAX Holdings positions in Q3 2022 and 18 closed out, a net change of +3 holders.
- The largest RE/MAX Holdings buyer in Q3 2022 was RPD Fund Management, an estimated $5.63M added.
- The largest RE/MAX Holdings seller in Q3 2022 was BlackRock, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2022.