RE/MAX Holdings
RMAX
110 hedge funds and large institutions have $132M invested in RE/MAX Holdings in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 49 increasing their positions, 37 reducing their positions, and 34 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.82% less ownership
Funds ownership: 85.85% → 82.02% (-3.8%)
17% less funds holding
Funds holding: 133 → 110 (-23)
37% less capital invested
Capital invested by funds: $209M → $132M (-$77M)
65% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 34
82% less call options, than puts
Call options by funds: $106K | Put options by funds: $597K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$9.22M |
| 2 |
D.E. Shaw & Co
New York
|
+$2.16M |
| 3 |
Millennium Management
New York
|
+$1.56M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.55M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$14.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.7M |
| 3 |
Morgan Stanley
New York
|
-$2.27M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.06M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.02M |
RMAX Hedge Fund Activity: Q1 2024 in Review
110 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in RE/MAX Holdings (RMAX) for Q1 2024, worth a combined $132M — down 37% from $209M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of RMAX and 12 opened new positions — a net loss of 22 holders — while 37 trimmed existing stakes and 49 added.
The largest buyer was Goldman Sachs, adding an estimated $9.22M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $14.1M sold.
- 110 institutional investors held RE/MAX Holdings (RMAX) as of Q1 2024, down from 133 in Q4 2023.
- Funds reported $132M of RE/MAX Holdings stock for Q1 2024, down 37% quarter-over-quarter.
- 12 funds opened new RE/MAX Holdings positions in Q1 2024 and 34 closed out, a net change of -22 holders.
- The largest RE/MAX Holdings buyer in Q1 2024 was Goldman Sachs, an estimated $9.22M added.
- The largest RE/MAX Holdings seller in Q1 2024 was Hotchkis & Wiley Capital Management, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2024.