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 ($3.4m this quarter). Holder counts are more reliable. Shares outstanding: 18.5m as of 2024-09-06, 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 ≈ $333.71. Options: 33 managers hold calls ($940.6m notional), 33 hold puts ($922.3m).
Trends to Q3 2024
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 |
| Q1 2024 | 409 |
| Q2 2024 | 364 |
| Q3 2024 | 394 |
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 |
| Q1 2024 | 192 | 192 |
| Q2 2024 | 167 | 212 |
| Q3 2024 | 168 | 205 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $1.2bn | $1.2bn | 0.93 |
| Q1 2024 | $1.1bn | $1.2bn | 1.09 |
| Q2 2024 | $787.9m | $815.2m | 1.03 |
| Q3 2024 | $940.6m | $922.3m | 0.98 |
Biggest buyers
| D. E. Shaw & Co., Inc. | Added | +524.9k |
| JPMORGAN CHASE & CO | Added | +223.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +210.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +199.8k |
| Select Equity Group, L.P. | New | +145.0k |
| Candlestick Capital Management LP | Added | +134.7k |
| MANE GLOBAL CAPITAL MANAGEMENT LP | New | +104.5k |
| TWO SIGMA ADVISERS, LP | Added | +93.5k |
| Anomaly Capital Management, LP | Added | +89.9k |
| CITADEL ADVISORS LLC | Added | +71.7k |
Biggest sellers
| Durable Capital Partners LP | Reduced | -218.1k |
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | -173.0k |
| Schonfeld Strategic Advisors LLC | Reduced | -154.3k |
| Invesco Ltd. | Reduced | -150.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -140.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -131.5k |
| Point72 Asset Management, L.P. | Reduced | -130.6k |
| Senvest Management, LLC | Reduced | -102.0k |
| MARSHALL WACE, LLP | Reduced | -85.4k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -78.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $171.8m513.6k shares |
| CITADEL ADVISORS LLC | Added | $168.9m504.9k shares |
| IMC-Chicago, LLC | Reduced | $87.1m260.4k shares |
| Atreides Management, LP | New | $83.6m250.0k shares |
| JANE STREET GROUP, LLC | Added | $63.1m188.8k shares |
| BARCLAYS PLC | Reduced | $60.9m182.1k shares |
| Twin Tree Management, LP | Added | $57.5m171.8k shares |
| WOLVERINE TRADING, LLC | Added | $34.9m102.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $34.2m102.2k shares |
| GOLDMAN SACHS GROUP INC | New | $29.0m86.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $227.2m679.5k shares |
| IMC-Chicago, LLC | Added | $135.4m404.9k shares |
| CITADEL ADVISORS LLC | Reduced | $116.6m348.7k shares |
| BARCLAYS PLC | New | $54.3m162.4k shares |
| JANE STREET GROUP, LLC | Added | $50.6m151.2k shares |
| Walleye Capital LLC | Reduced | $50.5m151.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $40.0m119.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $35.2m103.8k shares |
| Walleye Trading LLC | Added | $32.5m97.1k shares |
| D. E. Shaw & Co., Inc. | Reduced | $32.4m97.0k 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 2024
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 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 | — |
| Q1 2024 | 0 | — | 1 | $694.0k | — |
| Q2 2024 | 1 | $10.0m | 2 | $28.9m | $28.0m |
| Q3 2024 | 0 | — | 2 | $2.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-19 | Duban Stefan Officer | Sold | $1.5m4.3k shares |
| 2024-09-19 | DEMILIO MARK S Director · By Trust | Sold | $345.0k1.0k shares |
| 2024-09-18 | DEMILIO MARK S Director · By Trust | Sold | $680.6k2.0k 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 2024
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.06% of their portfolio | 2.8m $927.1m | Added +6.2k |
| VANGUARD GROUP INC 0.01% of their portfolio | 1.4m $462.7m | Reduced -66.0k |
| BlackRock, Inc. 0.01% of their portfolio | 1.3m $437.7m | First filing |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 877.0k $293.3m | Added +199.8k |
| Durable Capital Partners LP 1.63% of their portfolio | 666.9k $223.0m | Reduced -218.1k |
| D. E. Shaw & Co., Inc. 0.27% of their portfolio | 628.6k $210.2m | Added +524.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 459.0k $153.5m | Added +223.5k |
| STATE STREET CORP 0.01% of their portfolio | 453.0k $151.5m | Reduced -4.4k |
| Anomaly Capital Management, LP 5.24% of their portfolio | 439.1k $146.9m | Added +89.9k |
| Atreides Management, LP 3.97% of their portfolio | 351.2k $117.4m | Added +45.2k |
| MORGAN STANLEY 0.01% of their portfolio | 309.6k $103.5m | Added +22.7k |
| T. Rowe Price Investment Management, Inc. 0.06% of their portfolio | 285.5k $95.5m | Reduced -14.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 251.5k $84.1m | Reduced -19.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 250.3k $83.7m | Reduced -1.8k |
| Allspring Global Investments Holdings, LLC 0.13% of their portfolio | 245.8k $82.2m | Added +18.6k |
| TWO SIGMA INVESTMENTS, LP 0.18% of their portfolio | 235.5k $78.8m | Added +210.6k |
| Senvest Management, LLC 2.71% of their portfolio | 232.6k $77.8m | Reduced -102.0k |
| Balyasny Asset Management L.P. 0.16% of their portfolio | 187.2k $62.6m | Reduced -70.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 184.8k $61.8m | Added +38.6k |
| TWO SIGMA ADVISERS, LP 0.13% of their portfolio | 159.6k $53.4m | Added +93.5k |
| Capital Research Global Investors 0.01% of their portfolio | 150.0k $50.2m | Unchanged |
| Select Equity Group, L.P. 0.18% of their portfolio | 145.0k $48.5m | New |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 144.5k $48.3m | Reduced -140.2k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 142.3k $47.6m | Added +71.7k |
| Candlestick Capital Management LP 1.95% of their portfolio | 142.2k $47.5m | Added +134.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 131.0k $43.8m | Reduced -9.7k |
| Xcel Wealth Management, LLC 12.18% of their portfolio | 124.5k $41.7m | Added +1.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 119.7k $40.0m | Added +9.5k |
| LOCUST WOOD CAPITAL ADVISERS, LLC 1.35% of their portfolio | 115.3k $38.6m | Added +19.9k |
| Invesco Ltd. 0.01% of their portfolio | 106.1k $35.5m | Reduced -150.8k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 2.44% of their portfolio | 104.5k $35.0m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 100.7k $33.7m | Reduced -4.7k |
| Broad Run Investment Management, LLC 3.85% of their portfolio | 95.3k $31.9m | Reduced -912 |
| MARSHALL WACE, LLP 0.04% of their portfolio | 88.9k $29.7m | Reduced -85.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 86.8k $29.0m | Reduced -9.4k |
| UBS Group AG 0.01% of their portfolio | 81.9k $27.4m | Reduced -38.8k |
| CAPITAL FUND MANAGEMENT S.A. 0.27% of their portfolio | 73.6k $24.6m | Added +7.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 71.7k $24.0m | Reduced -28.2k |
| SCP Investment, LP 16.54% of their portfolio | 68.0k $22.7m | Reduced -7.5k |
| Wolf Hill Capital Management, LP 1.85% of their portfolio | 57.7k $19.3m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 50.2k $16.8m | Reduced -78.5k |
| NATIXIS 0.10% of their portfolio | 49.6k $16.6m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 47.3k $15.8m | Added +7.8k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.47% of their portfolio | 47.0k $15.7m | Reduced -173.0k |
| GREATMARK INVESTMENT PARTNERS, INC. 2.05% of their portfolio | 45.2k $15.1m | Added +1.9k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 45.2k $15.1m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 44.0k $14.7m | Reduced -1.0k |
| TUDOR INVESTMENT CORP ET AL 0.16% of their portfolio | 43.8k $14.7m | Reduced -16.3k |
| Mesirow Institutional Investment Management, Inc. 1.12% of their portfolio | 43.8k $14.6m | Reduced -5.9k |
| AGF MANAGEMENT LTD 0.07% of their portfolio | 42.0k $14.0m | Added +16.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 40.3k $13.5m | Reduced -1.5k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 40.0k $13.4m | Reduced -64.9k |
| Nishkama Capital, LLC 2.06% of their portfolio | 39.9k $13.3m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 39.4k $13.2m | Added +12.0k |
| BOULDER HILL CAPITAL MANAGEMENT LP 3.63% of their portfolio | 39.3k $1.7m | New |
| Nixon Capital, LLC 4.35% of their portfolio | 37.0k $12.4m | Added +439 |
| TWO SIGMA SECURITIES, LLC 0.96% of their portfolio | 36.5k $12.2m | Added +30.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 34.7k $11.6m | Reduced -16.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 34.5k $11.5m | Reduced -25.4k |
| BAMCO INC /NY/ 0.03% of their portfolio | 33.5k $11.2m | Unchanged |
| CRAMER ROSENTHAL MCGLYNN LLC 0.60% of their portfolio | 32.4k $10.8m | Added +1.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 31.7k $10.6m | Reduced -3.3k |
| NORGES BANK 0.00% of their portfolio | 30.5k $10.2m | Reduced -72.7k |
| Aperture Investors, LLC 1.29% of their portfolio | 30.4k $10.2m | Reduced -5.9k |
| Swiss National Bank 0.01% of their portfolio | 28.8k $9.6m | Unchanged |
| Union Square Park Capital Management, LLC 11.42% of their portfolio | 25.3k $8.5m | Reduced -2.2k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 23.7k $7.9m | Reduced -5.7k |
| Legal & General Group Plc 0.00% of their portfolio | 23.5k $7.8m | Added +431 |
| DCM Advisors, LLC 3.93% of their portfolio | 23.3k $7.8m | Added +70 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 23.2k $7.7m | Reduced -1.4k |
| WOLVERINE TRADING, LLC 0.20% of their portfolio | 22.2k $7.5m | Reduced -229 |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 22.0k $7.3m | Reduced -130.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 21.1k $7.1m | Added +2.0k |
| HighTower Advisors, LLC 0.01% of their portfolio | 21.1k $7.0m | Added +405 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 20.6k $6.9m | Reduced -20.4k |
| Man Group plc 0.02% of their portfolio | 20.4k $6.8m | Reduced -5.3k |
| California Public Employees Retirement System 0.00% of their portfolio | 19.3k $6.4m | Reduced -2.3k |
| Verition Fund Management LLC 0.04% of their portfolio | 19.2k $6.4m | Reduced -9.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 19.0k $6.3m | Reduced -8.7k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 18.5k $6.2m | Added +434 |
| Hodges Capital Management Inc. 0.39% of their portfolio | 18.2k $6.1m | Added +418 |
| Retirement Systems of Alabama 0.02% of their portfolio | 18.1k $6.1m | Reduced -12.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 18.1k $6.1m | Reduced -131.5k |
| Corebridge Financial, Inc. 0.03% of their portfolio | 17.7k $5.9m | Reduced -1.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 17.6k $5.9m | Reduced -3.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 17.2k $5.7m | Reduced -5.4k |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.23% of their portfolio | 17.1k $5.4m | Added +18 |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 17.0k $5.7m | Added +501 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 16.6k $5.6m | Reduced -100 |
| Aquatic Capital Management LLC 0.14% of their portfolio | 15.8k $5.3m | New |
| Portolan Capital Management, LLC 0.38% of their portfolio | 15.5k $5.2m | New |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 15.2k $5.1m | Reduced -138 |
| ExodusPoint Capital Management, LP 0.05% of their portfolio | 15.2k $5.1m | Reduced -5.8k |
| INVESTMENT HOUSE LLC 0.27% of their portfolio | 15.0k $5.0m | Reduced -6.1k |
| FRED ALGER MANAGEMENT, LLC 0.02% of their portfolio | 14.6k $4.9m | Reduced -4.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 14.0k $4.7m | Reduced -344 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 13.9k $4.6m | Reduced -659 |
| LOGAN CAPITAL MANAGEMENT INC 0.18% of their portfolio | 13.1k $4.4m | Reduced -112 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 13.1k $4.4m | Added +219 |
| Virtu Financial LLC 0.24% of their portfolio | 12.8k $4.3m | New |