RMR GROUP INC RMR
CL A · Common Stock · CUSIP 74967R106
- SectorIndustrials
- IndustryServices-Management Consulting Services
- HeadquartersNewton, MA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($112.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.35. Options: 3 managers hold calls ($241.6k notional), 2 hold puts ($166.8k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 175 |
| Q4 2022 | 185 |
| Q1 2023 | 195 |
| Q2 2023 | 172 |
| Q3 2023 | 182 |
| Q4 2023 | 193 |
| Q1 2024 | 185 |
| Q2 2024 | 182 |
| Q3 2024 | 176 |
| Q4 2024 | 169 |
| Q1 2025 | 180 |
| Q2 2025 | 181 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 81 | 58 |
| Q4 2023 | 72 | 74 |
| Q1 2024 | 71 | 83 |
| Q2 2024 | 82 | 67 |
| Q3 2024 | 73 | 64 |
| Q4 2024 | 64 | 77 |
| Q1 2025 | 83 | 69 |
| Q2 2025 | 79 | 70 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $93.4k | $144.4k | 1.55 |
| Q4 2024 | $74.2k | $232.7k | 3.13 |
| Q1 2025 | $75.6k | $287.1k | 3.80 |
| Q2 2025 | $241.6k | $166.8k | 0.69 |
Biggest buyers
| Nantahala Capital Management, LLC | Added | +411.7k |
| MORGAN STANLEY | Added | +128.9k |
| Numerai GP LLC | Added | +101.4k |
| UBS Group AG | Added | +82.3k |
| BANK OF AMERICA CORP /DE/ | Added | +77.0k |
| Nuveen, LLC | Added | +75.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +60.6k |
| COMMONS CAPITAL, LLC | Added | +50.1k |
| Quantinno Capital Management LP | New | +37.6k |
| TUDOR INVESTMENT CORP ET AL | New | +31.8k |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -312.8k |
| ROYCE & ASSOCIATES LP | Sold out | -101.7k |
| BlackRock, Inc. | Reduced | -62.3k |
| CITADEL ADVISORS LLC | Reduced | -60.5k |
| Garner Asset Management Corp | Reduced | -50.9k |
| NORTHERN TRUST CORP | Reduced | -45.9k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | Reduced | -42.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS | Sold out | -38.2k |
| THIRD AVENUE MANAGEMENT LLC | Sold out | -37.0k |
| Cubist Systematic Strategies, LLC | Reduced | -34.4k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $207.6k12.7k shares |
| SIMPLEX TRADING, LLC | Unchanged | $34.0k2.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $166.8k10.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 7.3% |
| Nantahala Capital Management, LLC 13G · institution filed 2025-08-14 | 7.2% |
| BANK OF AMERICA CORP /DE/ 13G · institution new · filed 2026-05-14 | 5.9% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
| Flat Footed LLC 13G · passive investor new · filed 2026-04-08 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 1.6m $26.3m | Reduced -312.8k |
| BlackRock, Inc. 0.00% of their portfolio | 1.6m $25.4m | Reduced -62.3k |
| Nantahala Capital Management, LLC 1.33% of their portfolio | 1.1m $18.8m | Added +411.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 737.1k $12.1m | Added +60.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 579.9k $9.5m | Reduced -32.2k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 511.3k $8.4m | Reduced -27.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 460.4k $7.5m | Added +16.2k |
| STATE STREET CORP 0.00% of their portfolio | 400.4k $6.5m | Added +29.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 386.3k $6.3m | Reduced -9 |
| Garner Asset Management Corp 2.78% of their portfolio | 367.1k $6.0m | Reduced -50.9k |
| MORGAN STANLEY 0.00% of their portfolio | 301.7k $4.9m | Added +128.9k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.52% of their portfolio | 290.0k $4.7m | Unchanged |
| Numerai GP LLC 0.39% of their portfolio | 167.4k $2.7m | Added +101.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 150.4k $2.5m | Reduced -7.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 143.8k $2.4m | Reduced -4.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 130.2k $2.1m | Added +11.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 126.9k $2.1m | Reduced -45.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 125.6k $2.1m | Added +15.2k |
| Nuveen, LLC 0.00% of their portfolio | 122.2k $2.0m | Added +75.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 118.9k $1.9m | Added +18.4k |
| UBS Group AG 0.00% of their portfolio | 116.8k $1.9m | Added +82.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 94.7k $1.5m | Added +77.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 93.9k $1.5m | Added +5.6k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 87.1k $1.4m | Added +28.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 80.3k $1.3m | Reduced -7.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 75.4k $1.2m | Reduced -60.5k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 70.5k $1.2m | Reduced -42.7k |
| Trexquant Investment LP 0.01% of their portfolio | 69.2k $1.1m | Added +12.4k |
| Aviance Capital Partners, LLC 0.15% of their portfolio | 68.0k $1.1m | Added +13.0k |
| COMMONS CAPITAL, LLC 0.78% of their portfolio | 62.6k $1.0m | Added +50.1k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 61.8k $1.0m | Added +1.6k |
| MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio | 61.8k $1.0m | Reduced -10.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 61.6k $1.0m | Added +4.6k |
| Flat Footed LLC 0.26% of their portfolio | 59.5k $972.2k | Added +5.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 56.8k $928.2k | Reduced -2.6k |
| BARCLAYS PLC 0.00% of their portfolio | 55.4k $906.0k | Added +10.0k |
| GLOBEFLEX CAPITAL L P 0.07% of their portfolio | 53.1k $869.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 53.1k $868.2k | Reduced -120 |
| CWA Asset Management Group, LLC 0.04% of their portfolio | 53.1k $867.5k | Reduced -15.5k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 51.4k $840.4k | Added +21.2k |
| Linden Thomas Advisory Services, LLC 0.09% of their portfolio | 47.3k $772.7k | Reduced -777 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 43.6k $713.0k | Reduced -218 |
| HARBOR CAPITAL ADVISORS, INC. 0.03% of their portfolio | 43.3k $708.0k | Reduced -640 |
| HRT FINANCIAL LP 0.00% of their portfolio | 41.0k $671.0k | Added +3.6k |
| Invesco Ltd. 0.00% of their portfolio | 38.7k $632.2k | Reduced -1.9k |
| Quantinno Capital Management LP 0.00% of their portfolio | 37.6k $614.2k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 37.5k $613.3k | Added +12.6k |
| XTX Topco Ltd 0.02% of their portfolio | 33.0k $539.5k | Added +15.7k |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 31.8k $520.4k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 30.2k $494.4k | Reduced -27.8k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 29.3k $479.0k | Added +48 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 28.6k $468.3k | Added +213 |
| Engineers Gate Manager LP 0.01% of their portfolio | 27.8k $454.6k | Reduced -11.5k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 26.2k $428.0k | Added +263 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 25.4k $414.7k | Reduced -3.9k |
| Unison Advisors LLC 0.04% of their portfolio | 23.0k $376.3k | Added +649 |
| Aquatic Capital Management LLC 0.01% of their portfolio | 21.2k $346.0k | Added +9.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 19.7k $322.0k | Added +5.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 19.2k $312.0k | Added +16.8k |
| Squarepoint Ops LLC 0.00% of their portfolio | 18.7k $305.7k | Reduced -20.3k |
| Sterling Capital Management LLC 0.00% of their portfolio | 17.1k $279.5k | Added +170 |
| SEGALL BRYANT & HAMILL, LLC 0.00% of their portfolio | 16.5k $270.2k | Unchanged |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 16.1k $263.3k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 15.3k $250.4k | Added +800 |
| FMR LLC 0.00% of their portfolio | 15.0k $245.6k | Added +12.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 14.9k $243.6k | New |
| EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio | 14.8k $241.4k | Reduced -116 |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 14.3k $234.6k | Added +1.9k |
| Quinn Opportunity Partners LLC 0.02% of their portfolio | 14.3k $234.0k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 13.6k $222.1k | Unchanged |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 12.6k $206.7k | Reduced -2.6k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 11.6k $189.7k | Unchanged |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 11.5k $187.7k | Reduced -34.4k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 11.0k $179.1k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 10.8k $177.0k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 10.8k $176.1k | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 10.3k $168.7k | Reduced -3.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 10.1k $164.5k | Reduced -890 |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 10.0k $164.2k | New |
| CastleKnight Management LP 0.01% of their portfolio | 10.0k $163.5k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 8.5k $138.9k | Reduced -765 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 8.3k $135.5k | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 7.3k $118.7k | Unchanged |
| Point72 Asia (Singapore) Pte. Ltd. 0.02% of their portfolio | 6.9k $112.3k | Added +2.3k |
| CWM, LLC 0.00% of their portfolio | 6.5k $107.0k | Added +4.5k |
| CITIGROUP INC 0.00% of their portfolio | 6.2k $100.9k | Reduced -5.2k |
| Quantbot Technologies LP 0.00% of their portfolio | 4.9k $80.7k | Reduced -8.3k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 4.6k $74.0k | Added +2.3k |
| CALDWELL SUTTER CAPITAL, INC. 0.03% of their portfolio | 4.2k $69.5k | Reduced -37 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 3.5k $57.8k | Reduced -193 |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 3.1k $51.0k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 3.1k $50.4k | Added +2.5k |
| STRS OHIO 0.00% of their portfolio | 3.0k $49.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.5k $40.8k | Added +1 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 1.8k $29.0k | Added +1.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.5k $25.1k | Reduced -12.3k |
| Legal & General Group Plc 0.00% of their portfolio | 1.5k $23.9k | Reduced -2.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.4k $23.0k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.4k $22.3k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 1.2k $20.1k | Added +1.0k |