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 ($6.0m this quarter). Holder counts are more reliable. Shares outstanding: 18.2m as of 2023-12-01, 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 ≈ $291.20. Options: 44 managers hold calls ($1.2bn notional), 39 hold puts ($1.2bn).
Trends to Q4 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 |
| Q4 2023 | 402 |
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 |
| Q4 2023 | 154 | 219 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $820.5m | $876.4m | 1.07 |
| Q2 2023 | $927.2m | $968.4m | 1.04 |
| Q3 2023 | $943.0m | $976.4m | 1.04 |
| Q4 2023 | $1.2bn | $1.2bn | 0.93 |
Biggest buyers
| Point72 Asset Management, L.P. | Added | +596.8k |
| MORGAN STANLEY | Added | +332.4k |
| STEADFAST CAPITAL MANAGEMENT LP | New | +248.0k |
| Invesco Ltd. | Added | +147.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +127.9k |
| Senvest Management, LLC | Added | +112.5k |
| Alyeska Investment Group, L.P. | Added | +103.8k |
| Granahan Investment Management, LLC | New | +85.5k |
| JPMORGAN CHASE & CO | Added | +84.0k |
| JANE STREET GROUP, LLC | Added | +80.9k |
Biggest sellers
| FMR LLC | Reduced | -264.5k |
| Foxhaven Asset Management, LP | Sold out | -202.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -189.6k |
| Quadrature Capital Ltd | Sold out | -120.3k |
| PLATINUM INVESTMENT MANAGEMENT LTD | Sold out | -95.4k |
| Twin Tree Management, LP | Reduced | -86.6k |
| MONTANOVA CAPITAL, LLC | Sold out | -81.0k |
| JAT Capital Mgmt LP | Sold out | -47.7k |
| MANE GLOBAL CAPITAL MANAGEMENT LP | Sold out | -47.3k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -37.4k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $185.6m636.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $177.3m608.4k shares |
| JANE STREET GROUP, LLC | Reduced | $125.9m431.8k shares |
| IMC-Chicago, LLC | Reduced | $86.4m296.3k shares |
| SIMPLEX TRADING, LLC | Added | $79.8m273.8k shares |
| NOMURA HOLDINGS INC | New | $75.8m260.0k shares |
| D. E. Shaw & Co., Inc. | Added | $69.9m239.8k shares |
| Atreides Management, LP | New | $58.3m200.0k shares |
| BARCLAYS PLC | New | $35.9m123.0k shares |
| GROUP ONE TRADING LLC | Added | $33.7m115.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $194.6m667.7k shares |
| CITADEL ADVISORS LLC | Reduced | $131.6m451.4k shares |
| JPMORGAN CHASE & CO | Added | $112.7m386.8k shares |
| IMC-Chicago, LLC | Added | $85.1m292.1k shares |
| SIMPLEX TRADING, LLC | Added | $83.2m285.5k shares |
| CITIGROUP INC | Unchanged | $81.3m279.0k shares |
| JANE STREET GROUP, LLC | Reduced | $75.8m260.0k shares |
| Caption Management, LLC | Unchanged | $50.6m173.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $46.5m159.7k shares |
| PEAK6 Investments LLC | Reduced | $34.8m119.4k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 3 | $25.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-20 | Belling Keith Director | Sold | $152.8k500 shares |
| 2023-12-15 | Preston Jack M CHIEF FINANCIAL OFFICER | Sold | $10.4m33.4k shares |
| 2023-12-14 | Chaya Eri Officer, director | Sold | $14.5m50.0k 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.04% of their portfolio | 1.9m $547.7m | Reduced -264.5k |
| VANGUARD GROUP INC 0.01% of their portfolio | 1.4m $408.2m | Added +1.9k |
| BlackRock Inc. 0.01% of their portfolio | 1.3m $387.2m | Reduced -35.0k |
| Atreides Management, LP 10.98% of their portfolio | 1.0m $305.5m | Reduced -11.9k |
| Point72 Asset Management, L.P. 0.60% of their portfolio | 680.0k $198.2m | Added +596.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 603.2k $175.8m | Added +127.9k |
| Durable Capital Partners LP 1.39% of their portfolio | 603.1k $175.8m | Added +78.0k |
| MORGAN STANLEY 0.01% of their portfolio | 599.1k $174.6m | Added +332.4k |
| STATE STREET CORP 0.01% of their portfolio | 451.1k $131.5m | Reduced -2.8k |
| Senvest Management, LLC 3.92% of their portfolio | 349.5k $101.9m | Added +112.5k |
| D1 Capital Partners L.P. 1.67% of their portfolio | 326.0k $95.0m | Unchanged |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 291.8k $85.0m | Reduced -2.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 274.2k $79.9m | Reduced -13.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 265.0k $77.3m | Added +15.3k |
| Alyeska Investment Group, L.P. 0.51% of their portfolio | 258.2k $75.3m | Added +103.8k |
| CITIGROUP INC 0.10% of their portfolio | 251.6k $73.3m | Added +8.7k |
| STEADFAST CAPITAL MANAGEMENT LP 1.78% of their portfolio | 248.0k $72.3m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 239.0k $69.7m | Reduced -1.6k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 207.7k $60.5m | Added +29.7k |
| Invesco Ltd. 0.01% of their portfolio | 194.1k $56.6m | Added +147.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 190.4k $55.5m | Added +84.0k |
| Stone House Capital Management, LLC 21.86% of their portfolio | 180.0k $52.5m | Unchanged |
| Capital Research Global Investors 0.01% of their portfolio | 150.0k $43.7m | Unchanged |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 149.6k $43.6m | Added +80.9k |
| SCP Investment, LP 15.11% of their portfolio | 149.5k $39.3m | Added +4.5k |
| Anomaly Capital Management, LP 1.78% of their portfolio | 141.4k $41.2m | Reduced -33.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 135.8k $39.6m | Added +7.3k |
| NORGES BANK 0.01% of their portfolio | 132.9k $38.7m | Added +9.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 117.5k $34.3m | Added +42.5k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 110.0k $32.1m | Added +5.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 108.6k $31.6m | Reduced -6.1k |
| Pelham Capital Ltd. 13.25% of their portfolio | 101.9k $29.7m | Reduced -18.5k |
| Broad Run Investment Management, LLC 3.85% of their portfolio | 98.9k $28.8m | Reduced -11.2k |
| Xcel Wealth Management, LLC 9.75% of their portfolio | 95.4k $27.8m | Added +6.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 93.8k $27.3m | Added +49.3k |
| LOCUST WOOD CAPITAL ADVISERS, LLC 1.08% of their portfolio | 87.4k $25.5m | Added +18.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 85.9k $25.0m | Reduced -11.2k |
| Granahan Investment Management, LLC 0.82% of their portfolio | 85.5k $24.9m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 83.9k $24.5m | Added +78.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 83.9k $24.4m | Reduced -34.9k |
| LONG WALK MANAGEMENT LP 15.10% of their portfolio | 80.0k $23.3m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 74.4k $21.7m | Reduced -17.5k |
| FRED ALGER MANAGEMENT, LLC 0.10% of their portfolio | 63.2k $18.4m | Added +49.6k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 4.59% of their portfolio | 60.3k $17.6m | New |
| PEAK6 Investments LLC 0.72% of their portfolio | 57.0k $16.6m | Added +12.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 56.9k $16.6m | Reduced -420 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.16% of their portfolio | 56.1k $16.4m | Reduced -31.7k |
| BARCLAYS PLC 0.01% of their portfolio | 55.9k $16.3m | Reduced -10.8k |
| Schonfeld Strategic Advisors LLC 0.13% of their portfolio | 54.3k $15.8m | New |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 52.3k $15.3m | Added +7.6k |
| Senator Investment Group LP 0.62% of their portfolio | 50.0k $14.6m | Not comparable |
| Cartenna Capital, LP 1.53% of their portfolio | 50.0k $14.6m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 45.3k $13.2m | Reduced -3.1k |
| BAMCO INC /NY/ 0.03% of their portfolio | 41.6k $12.1m | Reduced -11.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 41.5k $12.1m | Added +8.6k |
| BlackBarn Capital Partners LP 7.91% of their portfolio | 41.1k $12.0m | First filing |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 40.7k $11.9m | Reduced -37.4k |
| DEEPWATER ASSET MANAGEMENT, LLC 4.63% of their portfolio | 40.0k $11.7m | Added +675 |
| Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio | 39.8k $11.6m | Added +14.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 39.0k $11.4m | Added +3.6k |
| Hook Mill Capital Partners, LP 2.80% of their portfolio | 36.4k $10.6m | New |
| TUDOR INVESTMENT CORP ET AL 0.14% of their portfolio | 34.4k $10.0m | Reduced -12.8k |
| Hound Partners, LLC 3.05% of their portfolio | 33.6k $9.8m | Reduced -6.6k |
| Davidson Kempner Capital Management LP 0.17% of their portfolio | 33.0k $9.6m | Added +13.6k |
| INVESTMENT HOUSE LLC 0.66% of their portfolio | 32.2k $9.4m | Added +13.3k |
| CRAMER ROSENTHAL MCGLYNN LLC 0.51% of their portfolio | 32.1k $9.4m | Added +6.1k |
| CAPITAL FUND MANAGEMENT S.A. 0.12% of their portfolio | 31.9k $9.3m | Reduced -5.1k |
| Mesirow Institutional Investment Management, Inc. 0.87% of their portfolio | 31.9k $9.3m | New |
| Retirement Systems of Alabama 0.04% of their portfolio | 30.8k $9.0m | Added +65 |
| California Public Employees Retirement System 0.01% of their portfolio | 29.6k $8.6m | Reduced -2.1k |
| Swiss National Bank 0.01% of their portfolio | 29.0k $8.5m | Reduced -12.2k |
| Legal & General Group Plc 0.00% of their portfolio | 28.7k $8.4m | Reduced -3.3k |
| Squarepoint Ops LLC 0.03% of their portfolio | 28.2k $8.2m | New |
| Portolan Capital Management, LLC 0.72% of their portfolio | 28.1k $8.2m | Added +22.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 28.1k $8.2m | Added +23.0k |
| Cinctive Capital Management LP 0.57% of their portfolio | 28.0k $8.2m | Added +16.3k |
| WEYBOSSET RESEARCH & MANAGEMENT LLC 2.85% of their portfolio | 27.6k $8.0m | Added +192 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 26.9k $7.9m | Added +891 |
| STADIUM CAPITAL MANAGEMENT LLC 6.40% of their portfolio | 26.2k $7.6m | Added +9.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 26.0k $7.6m | Reduced -2.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 25.4k $7.4m | Added +2.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 24.3k $7.1m | Reduced -1.3k |
| Hodges Capital Management Inc. 0.37% of their portfolio | 23.6k $6.9m | Added +6.9k |
| Twin Tree Management, LP 0.12% of their portfolio | 23.5k $6.8m | Reduced -86.6k |
| Nixon Capital, LLC 3.04% of their portfolio | 23.2k $6.8m | Reduced -199 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio | 20.9k $6.1m | Reduced -909 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 20.4k $5.9m | Reduced -844 |
| Susquehanna Portfolio Strategies, LLC 0.10% of their portfolio | 20.1k $5.9m | First filing |
| Long Focus Capital Management, LLC 0.75% of their portfolio | 20.0k $5.8m | New |
| North Growth Management Ltd. 1.21% of their portfolio | 20.0k $5.7m | Reduced -7.0k |
| Kinetic Partners Management, LP 0.50% of their portfolio | 20.0k $5.8m | Reduced -8.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 19.1k $5.6m | Added +8.2k |
| FINDELL CAPITAL MANAGEMENT LLC 3.30% of their portfolio | 18.0k $5.2m | First filing |
| HighTower Advisors, LLC 0.01% of their portfolio | 17.7k $5.2m | Reduced -5.9k |
| TCW GROUP INC 0.06% of their portfolio | 17.3k $5.1m | Added +1.4k |
| POLEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 16.7k $4.9m | Reduced -1.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 16.7k $4.9m | Reduced -100 |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 16.4k $4.8m | Reduced -28.1k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 16.4k $4.8m | Reduced -2.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 16.3k $4.8m | Added +1.3k |