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RPM International

491 hedge funds and large institutions have $5.9B invested in RPM International in 2018 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 150 increasing their positions, 159 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

132% more call options, than puts

Call options by funds: $7.36M | Put options by funds: $3.17M

0.51% more ownership

Funds ownership: 75.51%76.02% (+0.51%)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

6% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 159

3% less funds holding

Funds holding: 504491 (-13)

10% less capital invested

Capital invested by funds: $6.53B → $5.9B (-$632M)

15% less first-time investments, than exits

New positions opened: 74 | Existing positions closed: 87

Holders
491
Holders Change
-13
Holders Change %
-2.58%
% of All Funds
10.94%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.16%
New
74
Increased
150
Reduced
159
Closed
87
Calls
$7.36M
Puts
$3.17M
Net Calls
+$4.18M
Net Calls Change
-$10.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$809M +$19.4M +317,212 +2%
BlackRock
2
BlackRock
New York
$714M +$12.4M +202,583 +2%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$670M -$15.2M -247,550 -2%
State Street
4
State Street
Massachusetts
$349M +$10M +163,708 +3%
ACM
5
Atlanta Capital Management
Georgia
$190M +$926K +15,120 +0.5%
HP
6
Hound Partners
New York
$190M +$121M +1,971,639 +157%
JP Morgan Chase
7
JP Morgan Chase
New York
$117M -$38.1M -622,060 -24%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$92.5M -$6.69M -109,273 -6%
CRM
9
Cramer Rosenthal McGlynn
Connecticut
$84.8M +$866K +14,145 +1%
Principal Financial Group
10
Principal Financial Group
Iowa
$76.4M -$561K -9,165 -0.7%
WRF
11
Waddell & Reed Financial
Kansas
$76.3M +$49.6M +809,812 +166%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$75.4M +$5.4M +88,197 +7%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$74.4M -$16.6M -271,053 -18%
Federated Hermes
14
Federated Hermes
Pennsylvania
$73.6M +$1.98M +32,264 +3%
Diamond Hill Capital Management
15
Diamond Hill Capital Management
Ohio
$68.2M +$4.56M +74,484 +7%
SV
16
Starboard Value
New York
$64.7M -$5.82M -95,000 -8%
Norges Bank
17
Norges Bank
Norway
$63.9M +$1.01M +16,431 +2%
Northern Trust
18
Northern Trust
Illinois
$61.4M +$183K +2,984 +0.3%
CI
19
Cincinnati Insurance
Ohio
$60.7M
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$59.4M +$1.21M +19,709 +2%
CFC
21
Cincinnati Financial Corp
Ohio
$48.5M
GKIM
22
GW&K Investment Management
Massachusetts
$42.3M +$844K +13,787 +2%
Renaissance Technologies
23
Renaissance Technologies
New York
$41.3M +$28.7M +468,000 +199%
Invesco
24
Invesco
Georgia
$41M +$33.4M +545,453 +360%
Bank of America
25
Bank of America
North Carolina
$40.1M +$817K +13,337 +2%

RPM Hedge Fund Activity: Q4 2018 in Review

491 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in RPM International (RPM) for Q4 2018, worth a combined $5.9B — down 9.7% from $6.53B a quarter earlier.

Sellers outnumbered buyers: 87 funds closed out of RPM and 74 opened new positions — a net loss of 13 holders — while 159 trimmed existing stakes and 150 added.

The largest buyer was Hound Partners, adding an estimated $121M. The largest seller was Morgan Stanley, cutting an estimated $105M.

  • 491 institutional investors held RPM International (RPM) as of Q4 2018, down from 504 in Q3 2018.
  • Funds reported $5.9B of RPM International stock for Q4 2018, down 9.7% quarter-over-quarter.
  • 74 funds opened new RPM International positions in Q4 2018 and 87 closed out, a net change of -13 holders.
  • The largest RPM International buyer in Q4 2018 was Hound Partners, an estimated $121M added.
  • The largest RPM International seller in Q4 2018 was Morgan Stanley, an estimated $105M sold.

Based on aggregated 13F filings for Q4 2018.