The RMR Group
RMR
170 hedge funds and large institutions have $92.9M invested in The RMR Group in 2016 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 29 increasing their positions, 68 reducing their positions, and 87 closing their positions.
64% more capital invested
Capital invested by funds: $56.5M → $92.9M (+$36.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
25% less funds holding
Funds holding: 227 → 170 (-57)
57% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 68
63% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engine Capital Management
New York
|
+$4.92M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.26M |
| 3 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$2.73M |
| 4 |
RA
Royce & Associates
New York
|
+$2.16M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
-$3.69M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$3.25M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$2.75M |
| 4 |
AIM
Ashford Investment Management
Dallas,
Texas
|
-$1.39M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IIM
201
Ipswich Investment Management
Beverly,
Massachusetts
| – | +$108 | +5 | New |
|
|
CG
202
Cutler Group
San Francisco,
California
| – | +$195 | +9 | New |
|
203
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$303 | +14 | +467% |
|
|
KT
204
Kanaly Trust
Houston,
Texas
| – | +$411 | +19 | New |
|
RMR Hedge Fund Activity: Q1 2016 in Review
170 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in The RMR Group (RMR) for Q1 2016, worth a combined $92.9M — up 64% from $56.5M a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of RMR and 32 opened new positions — a net loss of 55 holders — while 68 trimmed existing stakes and 29 added.
The largest buyer was Engine Capital Management, opening a new position worth an estimated $4.92M. The largest seller was J. Goldman & Co, cutting an estimated $3.69M.
- 170 institutional investors held The RMR Group (RMR) as of Q1 2016, down from 227 in Q4 2015.
- Funds reported $92.9M of The RMR Group stock for Q1 2016, up 64% quarter-over-quarter.
- 32 funds opened new The RMR Group positions in Q1 2016 and 87 closed out, a net change of -55 holders.
- The largest The RMR Group buyer in Q1 2016 was Engine Capital Management, an estimated $4.92M added.
- The largest The RMR Group seller in Q1 2016 was J. Goldman & Co, an estimated $3.69M sold.
Based on aggregated 13F filings for Q1 2016.