RH RH
COM · Common Stock · CUSIP 74967X103 · ISIN US74967X1037
American home-furnishings company
* 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 ($6.6m this quarter). Holder counts are more reliable. Shares outstanding: 18.4m as of 2023-09-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $264.44. Options: 42 managers hold calls ($943.0m notional), 38 hold puts ($976.4m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 410 |
| Q4 2022 | 419 |
| Q1 2023 | 406 |
| Q2 2023 | 380 |
| Q3 2023 | 405 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 177 | 199 |
| Q1 2023 | 179 | 221 |
| Q2 2023 | 162 | 224 |
| Q3 2023 | 184 | 208 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $910.2m | $864.6m | 0.95 |
| Q1 2023 | $820.5m | $876.4m | 1.07 |
| Q2 2023 | $927.2m | $968.4m | 1.04 |
| Q3 2023 | $943.0m | $976.4m | 1.04 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +447.2k |
| FMR LLC | Added | +221.9k |
| Quadrature Capital Ltd | New | +120.3k |
| CANADA PENSION PLAN INVESTMENT BOARD | New | +91.9k |
| Twin Tree Management, LP | Added | +88.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +74.8k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +71.7k |
| SCP Investment, LP | Added | +70.0k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +61.1k |
| Stone House Capital Management, LLC | Added | +55.0k |
Biggest sellers
| LONE PINE CAPITAL LLC | Sold out | -1.8m |
| STEADFAST CAPITAL MANAGEMENT LP | Sold out | -279.4k |
| D. E. Shaw & Co., Inc. | Reduced | -268.1k |
| Balyasny Asset Management L.P. | Reduced | -196.5k |
| VANGUARD GROUP INC | Reduced | -175.8k |
| Point72 Asset Management, L.P. | Reduced | -172.2k |
| JPMORGAN CHASE & CO | Reduced | -170.5k |
| LORD, ABBETT & CO. LLC | Sold out | -152.0k |
| Pelham Capital Ltd. | Reduced | -128.9k |
| Anomaly Capital Management, LP | Reduced | -116.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $168.2m636.3k shares |
| CITADEL ADVISORS LLC | Added | $162.2m613.7k shares |
| JANE STREET GROUP, LLC | Added | $122.3m462.6k shares |
| IMC-Chicago, LLC | Added | $86.9m328.8k shares |
| SIMPLEX TRADING, LLC | Added | $54.2m205.1k shares |
| D. E. Shaw & Co., Inc. | Added | $52.5m198.5k shares |
| Walleye Capital LLC | Added | $25.0m94.7k shares |
| WOLVERINE TRADING, LLC | Added | $25.0m94.5k shares |
| GTS SECURITIES LLC | New | $24.4m92.2k shares |
| GROUP ONE TRADING LLC | Reduced | $21.9m83.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $144.5m546.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $141.0m533.5k shares |
| JANE STREET GROUP, LLC | Added | $74.9m283.3k shares |
| JPMORGAN CHASE & CO | Reduced | $74.0m280.0k shares |
| CITIGROUP INC | Unchanged | $73.8m279.0k shares |
| SIMPLEX TRADING, LLC | Added | $64.0m242.1k shares |
| IMC-Chicago, LLC | Added | $59.2m224.1k shares |
| Caption Management, LLC | New | $45.9m173.7k shares |
| PEAK6 Investments LLC | Added | $39.2m148.1k shares |
| Twin Tree Management, LP | Added | $35.2m133.3k 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 |
|---|---|
FRIEDMAN GARY G
13D · may seek influence
filed 2026-07-09
Stated purposeThis Amendment No. 11 to Schedule 13D relates to the common stock (the "Common Stock") of RH (the "Issuer") and amends the initial statement on Schedule 13D filed by the undersigned on February 14, 2018 (as amended on December 12, 2019, October 21, 2020, April 4, 2022, September 12, 2022, December 15, 2022, January 3, 2023, June 14, 2023, June 27, 2023, July 6, 2023 and July 14, 2023), as specifically set forth herein. Item 4 is hereby supplemented as follows: The undersigned understands that the aggregate number of shares of Common Stock outstanding as of July 8, 2026 was 18,926,221, which is an increase from the 18,394,167 shares of Common Stock that were outstanding on July 14, 2023, the date that the undersigned filed Amendment No. 10 to Schedule 13D. Additionally, over the time peri… Full filing |
23.9% |
| BlackRock, Inc. 13G · institution filed 2026-07-29 | 9.9% |
| Alyeska Investment Group, L.P. 13G · institution new · filed 2026-05-15 | 8.7% |
| SUSQUEHANNA SECURITIES, LLC 13G · institution new · filed 2025-11-13 | 5.3% |
Fell to 5% or below in the last year: Citadel Securities GP LLC (3.6%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q3 2023
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 3 | $10.2m | — |
| Q2 2022 | 0 | — | 6 | $291.1m | — |
| Q3 2022 | 0 | — | 4 | $5.2m | — |
| Q4 2022 | 0 | — | 5 | $186.8m | — |
| Q1 2023 | 0 | — | 4 | $4.3m | — |
| Q2 2023 | 0 | — | 3 | $1.8m | — |
| Q3 2023 | 0 | — | 1 | $7.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-12 | ALBERINI CARLOS Director | Sold | $7.8m25.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.05% of their portfolio | 2.1m $566.6m | Added +221.9k |
| VANGUARD GROUP INC 0.01% of their portfolio | 1.4m $369.7m | Reduced -175.8k |
| BlackRock Inc. 0.01% of their portfolio | 1.4m $360.4m | Reduced -110.4k |
| Atreides Management, LP 9.74% of their portfolio | 1.1m $280.2m | Added +3.4k |
| Durable Capital Partners LP 1.27% of their portfolio | 525.2k $138.8m | Added +33.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 475.3k $125.7m | Added +447.2k |
| STATE STREET CORP 0.01% of their portfolio | 453.9k $120.0m | Reduced -27.9k |
| D1 Capital Partners L.P. 1.24% of their portfolio | 326.0k $86.2m | Reduced -29.6k |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 293.9k $77.7m | Reduced -87.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 287.7k $76.1m | Reduced -52.8k |
| MORGAN STANLEY 0.01% of their portfolio | 266.6k $70.5m | Reduced -51.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 249.7k $66.0m | Added +37.5k |
| CITIGROUP INC 0.09% of their portfolio | 242.9k $64.2m | Reduced -1.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 240.6k $63.6m | Reduced -14.8k |
| Senvest Management, LLC 2.45% of their portfolio | 237.1k $62.7m | Added +38.2k |
| Foxhaven Asset Management, LP 1.72% of their portfolio | 202.5k $53.5m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 195.0k $51.6m | Added +74.8k |
| Stone House Capital Management, LLC 26.57% of their portfolio | 180.0k $47.6m | Added +55.0k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 178.0k $47.1m | Reduced -6.3k |
| Anomaly Capital Management, LP 2.11% of their portfolio | 174.4k $46.1m | Reduced -116.5k |
| Alyeska Investment Group, L.P. 0.28% of their portfolio | 154.3k $40.8m | Reduced -8.8k |
| Capital Research Global Investors 0.01% of their portfolio | 150.0k $39.7m | Unchanged |
| SCP Investment, LP 14.75% of their portfolio | 145.0k $38.3m | Added +70.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 128.5k $34.0m | Reduced -10.4k |
| NORGES BANK 0.01% of their portfolio | 123.3k $32.6m | Unchanged |
| Pelham Capital Ltd. 15.16% of their portfolio | 120.4k $31.8m | Reduced -128.9k |
| Quadrature Capital Ltd 0.65% of their portfolio | 120.3k $31.8m | New |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 118.8k $31.4m | Reduced -32.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 114.6k $30.3m | Reduced -9.7k |
| Twin Tree Management, LP 0.98% of their portfolio | 110.1k $29.1m | Added +88.1k |
| Broad Run Investment Management, LLC 3.84% of their portfolio | 110.1k $29.1m | Reduced -28.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 106.4k $28.1m | Reduced -170.5k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 104.1k $27.5m | Reduced -196.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 97.1k $25.7m | Reduced -2.1k |
| PLATINUM INVESTMENT MANAGEMENT LTD 0.98% of their portfolio | 95.4k $25.2m | Reduced -100.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 91.9k $24.3m | New |
| Xcel Wealth Management, LLC 9.31% of their portfolio | 89.2k $23.6m | Added +17.0k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.26% of their portfolio | 87.8k $23.2m | Added +2.2k |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 83.2k $22.0m | Reduced -172.2k |
| MONTANOVA CAPITAL, LLC 1.16% of their portfolio | 81.0k $21.4m | Reduced -2.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 78.1k $20.7m | Added +61.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 75.0k $19.8m | Added +71.7k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 68.7k $18.2m | Reduced -5.7k |
| LOCUST WOOD CAPITAL ADVISERS, LLC 0.87% of their portfolio | 68.5k $18.1m | Reduced -37.9k |
| BARCLAYS PLC 0.01% of their portfolio | 66.7k $17.6m | Reduced -53.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 57.3k $15.1m | Reduced -9.8k |
| BAMCO INC /NY/ 0.04% of their portfolio | 53.1k $14.0m | Reduced -13.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 48.4k $12.8m | Reduced -4.0k |
| JAT Capital Mgmt LP 2.90% of their portfolio | 47.7k $12.6m | New |
| MANE GLOBAL CAPITAL MANAGEMENT LP 1.12% of their portfolio | 47.3k $12.5m | New |
| TUDOR INVESTMENT CORP ET AL 0.18% of their portfolio | 47.2k $12.5m | Added +10.0k |
| Invesco Ltd. 0.00% of their portfolio | 47.1k $12.5m | Added +18.2k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 46.9k $12.4m | New |
| J.P. Morgan Private Wealth Advisors LLC 0.03% of their portfolio | 45.6k $12.0m | Added +317 |
| PEAK6 Investments LLC 0.58% of their portfolio | 44.8k $11.9m | Added +29.8k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 44.8k $11.8m | Added +9.6k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 44.5k $11.8m | Reduced -268.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 44.4k $11.7m | Reduced -2.6k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 41.3k $10.9m | Added +1.8k |
| Swiss National Bank 0.01% of their portfolio | 41.2k $10.9m | Added +7.6k |
| Hound Partners, LLC 2.35% of their portfolio | 40.2k $10.6m | Reduced -8.7k |
| DEEPWATER ASSET MANAGEMENT, LLC 4.77% of their portfolio | 39.4k $10.4m | Added +1.4k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 37.9k $10.1m | New |
| Polar Asset Management Partners Inc. 0.24% of their portfolio | 37.0k $9.8m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.13% of their portfolio | 37.0k $9.8m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 36.6k $9.7m | Added +1.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 35.4k $9.4m | Reduced -11.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 32.9k $8.7m | Added +17.1k |
| Legal & General Group Plc 0.00% of their portfolio | 32.0k $8.5m | Added +628 |
| California Public Employees Retirement System 0.01% of their portfolio | 31.6k $8.4m | Added +71 |
| SAMLYN CAPITAL, LLC 0.15% of their portfolio | 31.6k $8.3m | Added +18.9k |
| Retirement Systems of Alabama 0.04% of their portfolio | 30.7k $8.1m | Reduced -3.7k |
| Clearline Capital LP 0.78% of their portfolio | 29.9k $7.9m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 28.6k $7.6m | Reduced -3.1k |
| Kinetic Partners Management, LP 0.74% of their portfolio | 28.2k $7.5m | Reduced -112.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 28.1k $7.4m | New |
| ExodusPoint Capital Management, LP 0.09% of their portfolio | 27.6k $7.3m | Added +3.6k |
| WEYBOSSET RESEARCH & MANAGEMENT LLC 2.89% of their portfolio | 27.4k $7.2m | Reduced -717 |
| North Growth Management Ltd. 1.60% of their portfolio | 27.0k $7.2m | Reduced -5.0k |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 26.8k $7.1m | First filing |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 26.1k $6.9m | Added +345 |
| CRAMER ROSENTHAL MCGLYNN LLC 0.38% of their portfolio | 26.0k $6.9m | Reduced -7.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 25.5k $6.8m | Added +1.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 25.1k $6.6m | New |
| HighTower Advisors, LLC 0.01% of their portfolio | 23.6k $6.3m | Reduced -3.2k |
| Nixon Capital, LLC 3.44% of their portfolio | 23.4k $6.2m | Reduced -10.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 22.6k $6.0m | Reduced -3.8k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio | 21.8k $5.8m | Reduced -5.1k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.74% of their portfolio | 21.2k $5.6m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 21.2k $5.6m | Added +17.8k |
| Nantahala Capital Management, LLC 0.70% of their portfolio | 20.9k $5.5m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 20.4k $5.4m | Added +1.4k |
| ARMISTICE CAPITAL, LLC 0.15% of their portfolio | 19.5k $5.2m | New |
| Davidson Kempner Capital Management LP 0.08% of their portfolio | 19.4k $5.1m | Reduced -21.8k |
| INVESTMENT HOUSE LLC 0.39% of their portfolio | 19.0k $5.0m | Added +3.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 18.6k $4.9m | Added +5.0k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 18.4k $4.9m | Reduced -396 |
| POLEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 18.4k $4.9m | Reduced -239 |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 17.9k $4.7m | Added +2.3k |
| FORA Capital, LLC 0.40% of their portfolio | 17.3k $4.6m | Added +12.1k |