Who owns RMAX (RMAX)
Which tracked institutional funds hold RMAX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RMAX company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
9 tracked funds added or opened RMAX while 24 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
RMAX’s largest tracked holder by dollar value, MAGNOLIA GROUP, LLC, sizes it at 2.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RMAX divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 126 tracked filers holding RMAX, 63 increased or opened the position and 67 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in RMAX between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 7
- VANGUARD CAPITAL MANAGEMENT LLC$5M
- Seven Six Capital Management, LLC$1M
- VANGUARD PORTFOLIO MANAGEMENT LLC$997K
- SEGALL BRYANT & HAMILL, LLC$861K
- VANGUARD FIDUCIARY TRUST CO$803K
- NORGES BANK$693K
Full exits 4
- VANGUARD GROUP INC$9M
- MILLENNIUM MANAGEMENT LLC$1M
- CITADEL ADVISORS LLC$944K
- ALGERT GLOBAL LLC$571K
Largest adds
- Russell Investments Group, Ltd.$2M
- MARSHALL WACE, LLP$667K
Largest trims
- MAGNOLIA GROUP, LLC$6M
- Capital World Investors$3M
- BlackRock, Inc.$3M
- DIMENSIONAL FUND ADVISORS LP$2M
- JPMORGAN CHASE & CO$2M
- JANE STREET GROUP, LLC$2M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MAGNOLIA GROUP, LLC trimmed | 2,665,643 | $15M | 14.3% | 2026-Q1 |
| Capital World Investors | 1,500,000 | $9M | 8.0% | 2026-Q1 |
| BlackRock, Inc. trimmed | 1,421,462 | $8M | 7.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 840,990 | $5M | 4.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 787,504 | $5M | 4.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 713,565 | $4M | 3.8% | 2026-Q1 |
| Hillsdale Investment Management Inc. trimmed | 563,780 | $3M | 3.0% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 467,831 | $3M | 2.5% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 464,455 | $3M | 2.5% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 457,150 | $3M | 2.4% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 426,569 | $2M | 2.3% | 2026-Q1 |
| STATE STREET CORP added | 414,758 | $2M | 2.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 348,813 | $2M | 1.9% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 294,153 | $2M | 1.6% | 2026-Q1 |
| Seven Six Capital Management, LLC new | 224,002 | $1M | 1.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 206,614 | $1M | 1.1% | 2026-Q1 |
| Invenomic Capital Management LP trimmed | 195,990 | $1M | 1.0% | 2026-Q1 |
| MARSHALL WACE, LLP added | 195,267 | $1M | 1.0% | 2026-Q1 |
| Empowered Funds, LLC added | 181,253 | $1M | 1.0% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 173,004 | $997K | 0.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 172,845 | $996K | 0.9% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 164,354 | $953K | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP added | 155,661 | $897K | 0.8% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 150,770 | $868K | 0.8% | 2026-Q1 |
| SEGALL BRYANT & HAMILL, LLC added | 149,552 | $861K | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 146,921 | $846K | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 139,327 | $803K | 0.7% | 2026-Q1 |
| NORGES BANK trimmed | 82,800 | $693K | 0.6% | 2026-Q1 |
| MORGAN STANLEY trimmed | 110,689 | $638K | 0.6% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL trimmed | 106,837 | $615K | 0.6% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P added | 97,927 | $564K | 0.5% | 2026-Q1 |
| Quantinno Capital Management LP trimmed | 95,279 | $549K | 0.5% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 92,541 | $533K | 0.5% | 2026-Q1 |
| Lighthouse Investment Partners, LLC new | 89,063 | $513K | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 86,261 | $497K | 0.5% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 75,786 | $437K | 0.4% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 72,192 | $416K | 0.4% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 63,774 | $367K | 0.3% | 2026-Q1 |
| Trexquant Investment LP trimmed | 61,071 | $352K | 0.3% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 60,470 | $348K | 0.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 41,100 | $312K | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 52,997 | $305K | 0.3% | 2026-Q1 |
| Invesco Ltd. added | 40,825 | $235K | 0.2% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. | 39,086 | $225K | 0.2% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 34,909 | $202K | 0.2% | 2026-Q1 |
| MEEDER ASSET MANAGEMENT INC added | 31,707 | $183K | 0.2% | 2026-Q1 |
| OCCUDO QUANTITATIVE STRATEGIES LP trimmed | 16,846 | $180K | 0.2% | 2026-Q1 |
| DGS Capital Management, LLC added | 30,097 | $173K | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 27,452 | $158K | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 26,207 | $151K | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 24,519 | $141K | 0.1% | 2026-Q1 |
| Campbell & CO Investment Adviser LLC trimmed | 23,620 | $136K | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 22,524 | $130K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 22,452 | $129K | 0.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 22,023 | $127K | 0.1% | 2026-Q1 |
| RBF Capital, LLC trimmed | 20,000 | $115K | 0.1% | 2026-Q1 |
| UBS Group AG trimmed | 18,362 | $106K | 0.1% | 2026-Q1 |
| SG Americas Securities, LLC added | 18,244 | $105K | 0.1% | 2026-Q1 |
| Legato Capital Management LLC new | 17,978 | $104K | 0.1% | 2026-Q1 |
| Integrated Quantitative Investments LLC trimmed | 17,978 | $104K | 0.1% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 16,537 | $95K | 0.1% | 2026-Q1 |
| FMR LLC trimmed | 16,258 | $94K | 0.1% | 2026-Q1 |
| EverSource Wealth Advisors, LLC trimmed | 1,155 | $89K | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 1,127,148 | $9M | 7.9% | 2025-Q4 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 165,008 | $1M | 1.3% | 2025-Q2 stale |
| MILLENNIUM MANAGEMENT LLC added | 152,439 | $1M | 1.1% | 2025-Q4 stale |
| CITADEL ADVISORS LLC added | 124,326 | $944K | 0.9% | 2025-Q4 stale |
| ALGERT GLOBAL LLC added | 75,226 | $571K | 0.5% | 2025-Q4 stale |
| Point72 Asset Management, L.P. added | 63,686 | $483K | 0.4% | 2025-Q4 stale |
| WINTON GROUP Ltd added | 46,703 | $440K | 0.4% | 2025-Q3 stale |
| Susquehanna Portfolio Strategies, LLC new | 40,985 | $386K | 0.4% | 2025-Q3 stale |
| Greenland Capital Management LP new | 46,364 | $379K | 0.4% | 2025-Q2 stale |
| Brendel Financial Advisors LLC new | 37,140 | $350K | 0.3% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP added | 44,200 | $335K | 0.3% | 2025-Q4 stale |
| Walleye Capital LLC added | 38,603 | $293K | 0.3% | 2025-Q4 stale |
| State of Tennessee, Department of Treasury | 34,697 | $290K | 0.3% | 2025-Q1 stale |
| STATE OF WISCONSIN INVESTMENT BOARD added | 30,148 | $284K | 0.3% | 2025-Q3 stale |
| Penserra Capital Management LLC | 29,923 | $282K | 0.3% | 2025-Q3 stale |
| EXCHANGE TRADED CONCEPTS, LLC added | 28,248 | $266K | 0.2% | 2025-Q3 stale |
| Graham Capital Management, L.P. added | 29,809 | $250K | 0.2% | 2025-Q1 stale |
| Cubist Systematic Strategies, LLC added | 22,403 | $211K | 0.2% | 2025-Q3 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 24,158 | $198K | 0.2% | 2025-Q2 stale |
| XTX Topco Ltd added | 21,258 | $161K | 0.1% | 2025-Q4 stale |
| Jump Financial, LLC trimmed | 19,657 | $149K | 0.1% | 2025-Q4 stale |
| VICTORY CAPITAL MANAGEMENT INC added | 17,687 | $148K | 0.1% | 2025-Q1 stale |
| Dynamic Technology Lab Private Ltd trimmed | 15,471 | $129K | 0.1% | 2025-Q1 stale |
| Squarepoint Ops LLC trimmed | 13,418 | $127K | 0.1% | 2025-Q3 stale |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 15,899 | $121K | 0.1% | 2025-Q4 stale |
| Brandywine Global Investment Management, LLC added | 14,370 | $120K | 0.1% | 2025-Q1 stale |
| Odyssean, LLC new | 14,130 | $107K | 0.1% | 2025-Q4 stale |
| HRT FINANCIAL LP trimmed | 12,835 | $107K | 0.1% | 2025-Q1 stale |
| Verition Fund Management LLC trimmed | 14,000 | $106K | 0.1% | 2025-Q4 stale |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC trimmed | 12,094 | $101K | 0.1% | 2025-Q1 stale |
| State of Wyoming added | 11,990 | $100K | 0.1% | 2025-Q1 stale |
| CAMBIAR INVESTORS LLC new | 12,906 | $98K | 0.1% | 2025-Q4 stale |
| IEQ CAPITAL, LLC trimmed | 12,760 | $97K | 0.1% | 2025-Q4 stale |
| SHERBROOKE PARK ADVISERS LLC trimmed | 11,084 | $93K | 0.1% | 2025-Q1 stale |
| Mariner, LLC trimmed | 11,636 | $88K | 0.1% | 2025-Q4 stale |
| INTECH INVESTMENT MANAGEMENT LLC | 10,741 | $88K | 0.1% | 2025-Q2 stale |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 10,276 | $87K | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.