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 ($5.4m this quarter). Holder counts are more reliable. Shares outstanding: 18.7m as of 2025-03-28, 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 ≈ $234.43. Options: 37 managers hold calls ($622.0m notional), 36 hold puts ($605.3m).
Trends to Q1 2025
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 |
| Q4 2024 | 426 |
| Q1 2025 | 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 |
|---|---|---|
| Q2 2023 | 162 | 224 |
| Q3 2023 | 184 | 208 |
| Q4 2023 | 154 | 219 |
| Q1 2024 | 192 | 192 |
| Q2 2024 | 167 | 212 |
| Q3 2024 | 168 | 205 |
| Q4 2024 | 197 | 190 |
| Q1 2025 | 216 | 217 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $787.9m | $815.2m | 1.03 |
| Q3 2024 | $940.6m | $922.3m | 0.98 |
| Q4 2024 | $862.9m | $1.0bn | 1.21 |
| Q1 2025 | $622.0m | $605.3m | 0.97 |
Biggest buyers
| MARSHALL WACE, LLP | Added | +461.5k |
| GOLDMAN SACHS GROUP INC | Added | +248.4k |
| CITADEL ADVISORS LLC | Added | +218.6k |
| Atreides Management, LP | Added | +193.4k |
| Point72 Asset Management, L.P. | New | +189.2k |
| Anomaly Capital Management, LP | Added | +176.3k |
| Senvest Management, LLC | Added | +159.3k |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +149.6k |
| Kinetic Partners Management, LP | New | +145.7k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +114.4k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -476.4k |
| Durable Capital Partners LP | Reduced | -329.9k |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -229.5k |
| D. E. Shaw & Co., Inc. | Sold out | -187.9k |
| Candlestick Capital Management LP | Sold out | -144.5k |
| T. Rowe Price Investment Management, Inc. | Reduced | -141.2k |
| MANE GLOBAL CAPITAL MANAGEMENT LP | Sold out | -138.8k |
| Artemis Investment Management LLP | Sold out | -79.7k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -75.2k |
| Holocene Advisors, LP | Sold out | -74.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $155.1m661.8k shares |
| CITADEL ADVISORS LLC | Added | $120.1m512.4k shares |
| IMC-Chicago, LLC | Added | $73.2m312.1k shares |
| JANE STREET GROUP, LLC | Added | $52.8m225.3k shares |
| BARCLAYS PLC | Added | $40.2m171.6k shares |
| WOLVERINE TRADING, LLC | Added | $32.4m137.0k shares |
| Fund 1 Investments, LLC | New | $23.4m100.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.7m62.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $13.5m57.5k shares |
| Squarepoint Ops LLC | Added | $9.7m41.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $145.4m620.2k shares |
| CITADEL ADVISORS LLC | Added | $100.5m428.6k shares |
| IMC-Chicago, LLC | Added | $68.5m292.3k shares |
| Walleye Capital LLC | Reduced | $29.9m127.6k shares |
| WOLVERINE TRADING, LLC | Added | $27.9m118.0k shares |
| JANE STREET GROUP, LLC | Reduced | $25.9m110.3k shares |
| BARCLAYS PLC | Added | $23.9m102.1k shares |
| Parallax Volatility Advisers, L.P. | Added | $19.7m84.1k shares |
| PEAK6 LLC | Added | $17.0m72.4k shares |
| SIMPLEX TRADING, LLC | Added | $14.2m60.7k 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 Q1 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.
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2024 | 0 | — | 2 | $914.6k | — |
| Q1 2025 | 0 | — | 4 | $28.9m | $21.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-01-21 | Chaya Eri Officer, director | Sold plan | $11.3m25.0k shares |
| 2025-01-17 | Hargarten Christina CHIEF ACCOUNTING OFFICER | Sold | $2.4m5.3k shares |
| 2025-01-17 | Lee Edward T Officer | Sold | $268.0k600 shares |
| 2025-01-14 | Chaya Eri Officer, director | Sold plan | $10.7m25.0k shares |
| 2025-01-06 | Chaya Eri Officer, director | Sold | $4.2m10.0k shares |
| 2025-01-06 | Belling Keith Director | Sold | $208.9k500 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.04% of their portfolio | 2.8m $649.2m | Reduced -21.0k |
| BlackRock, Inc. 0.01% of their portfolio | 1.4m $332.2m | Added +79.3k |
| VANGUARD GROUP INC 0.01% of their portfolio | 1.4m $330.5m | Added +8.0k |
| Anomaly Capital Management, LP 7.17% of their portfolio | 657.4k $154.1m | Added +176.3k |
| MARSHALL WACE, LLP 0.15% of their portfolio | 494.0k $115.8m | Added +461.5k |
| Senvest Management, LLC 4.65% of their portfolio | 474.7k $111.3m | Added +159.3k |
| Atreides Management, LP 4.03% of their portfolio | 473.3k $111.0m | Added +193.4k |
| STATE STREET CORP 0.00% of their portfolio | 471.6k $110.6m | Added +6.4k |
| UBS Group AG 0.02% of their portfolio | 404.1k $94.7m | Added +53.8k |
| MORGAN STANLEY 0.01% of their portfolio | 354.6k $83.1m | Added +99.1k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 354.1k $83.0m | Reduced -9.6k |
| Balyasny Asset Management L.P. 0.19% of their portfolio | 331.7k $77.7m | Added +54.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 296.1k $69.4m | Added +47.6k |
| Durable Capital Partners LP 0.60% of their portfolio | 287.0k $67.3m | Reduced -329.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 267.6k $62.7m | Added +248.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 263.9k $61.9m | Added +14.5k |
| Allspring Global Investments Holdings, LLC 0.11% of their portfolio | 258.3k $61.8m | Added +12.5k |
| Invesco Ltd. 0.01% of their portfolio | 248.4k $58.2m | Added +68.6k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 240.6k $56.4m | Added +218.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 190.8k $44.7m | Added +3.1k |
| Point72 Asset Management, L.P. 0.12% of their portfolio | 189.2k $44.3m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 165.1k $38.7m | Added +114.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 160.6k $37.6m | Added +52.9k |
| Capital Research Global Investors 0.01% of their portfolio | 150.0k $35.2m | Unchanged |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.14% of their portfolio | 149.6k $35.1m | New |
| Freestone Grove Partners LP 0.36% of their portfolio | 147.9k $34.7m | Added +34.3k |
| BARCLAYS PLC 0.02% of their portfolio | 146.1k $34.2m | Added +106.2k |
| Kinetic Partners Management, LP 2.45% of their portfolio | 145.7k $34.2m | New |
| Wolf Hill Capital Management, LP 3.07% of their portfolio | 145.0k $34.0m | Reduced -5.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 137.4k $32.2m | Added +564 |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 135.0k $31.7m | Added +2.4k |
| NORGES BANK 0.00% of their portfolio | 128.1k $30.0m | Reduced -9.9k |
| Xcel Wealth Management, LLC 9.30% of their portfolio | 127.4k $29.9m | Reduced -1.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 106.6k $25.0m | Reduced -13.1k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 101.3k $23.7m | Reduced -4.4k |
| SCP Investment, LP 18.98% of their portfolio | 95.0k $22.3m | Added +20.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 86.2k $20.2m | Reduced -42.8k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 81.6k $19.1m | Reduced -141.2k |
| ARMISTICE CAPITAL, LLC 0.45% of their portfolio | 72.6k $17.0m | Added +52.6k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 4.59% of their portfolio | 71.4k $16.7m | Reduced -12.6k |
| Fund 1 Investments, LLC 2.79% of their portfolio | 70.3k $16.5m | Added +41.4k |
| Broad Run Investment Management, LLC 2.68% of their portfolio | 68.5k $16.0m | Reduced -4.8k |
| Parallax Volatility Advisers, L.P. 0.51% of their portfolio | 67.0k $15.7m | New |
| Squarepoint Ops LLC 0.04% of their portfolio | 63.6k $14.9m | Added +51.7k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 62.3k $14.6m | New |
| Schonfeld Strategic Advisors LLC 0.10% of their portfolio | 60.9k $14.3m | Reduced -39.1k |
| MetLife Investment Management, LLC 0.07% of their portfolio | 55.3k $13.0m | Added +46.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 50.3k $11.8m | Added +31.2k |
| Nantahala Capital Management, LLC 0.97% of their portfolio | 50.2k $11.8m | New |
| GREATMARK INVESTMENT PARTNERS, INC. 1.57% of their portfolio | 49.1k $11.5m | Added +4.2k |
| BAYPOINTE PARTNERS LLC 9.27% of their portfolio | 47.5k $11.1m | First filing |
| WCM INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 45.8k $10.8m | Added +81 |
| Aperture Investors, LLC 1.61% of their portfolio | 45.2k $10.6m | Added +6.2k |
| Jump Financial, LLC 0.16% of their portfolio | 44.9k $10.5m | Added +44.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 43.5k $10.2m | Reduced -16.9k |
| BAMCO INC /NY/ 0.03% of their portfolio | 43.0k $10.1m | Added +10.2k |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 7.92% of their portfolio | 42.4k $10.0m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 42.2k $9.9m | Reduced -2.7k |
| Trexquant Investment LP 0.11% of their portfolio | 40.8k $9.6m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 40.8k $9.6m | Added +489 |
| Verition Fund Management LLC 0.05% of their portfolio | 40.4k $9.5m | Reduced -32.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 38.6k $9.1m | Added +2.2k |
| Eisler Capital Management Ltd. 0.25% of their portfolio | 35.2k $8.2m | Added +29.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 34.8k $8.1m | Added +354 |
| Union Square Park Capital Management, LLC 8.64% of their portfolio | 33.5k $7.9m | Added +11.5k |
| Driehaus Capital Management LLC 0.08% of their portfolio | 33.3k $7.8m | New |
| Twin Tree Management, LP 0.17% of their portfolio | 32.2k $7.6m | New |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 32.0k $7.5m | Reduced -22.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 30.9k $7.2m | Reduced -476.4k |
| BlackBarn Capital Partners LP 2.40% of their portfolio | 30.0k $7.0m | New |
| Swiss National Bank 0.00% of their portfolio | 28.8k $6.8m | Reduced -300 |
| Nixon Capital, LLC 2.23% of their portfolio | 27.5k $6.5m | Added +2.0k |
| Walleye Trading LLC 0.18% of their portfolio | 27.5k $6.4m | New |
| Nuveen, LLC 0.00% of their portfolio | 27.0k $6.3m | First filing |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 26.0k $6.1m | Added +3.3k |
| Honeycomb Asset Management LP 2.80% of their portfolio | 25.0k $5.9m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 25.0k $5.9m | First filing |
| SEI INVESTMENTS CO 0.01% of their portfolio | 24.9k $5.8m | Reduced -2.5k |
| CRAMER ROSENTHAL MCGLYNN LLC 0.41% of their portfolio | 24.6k $5.8m | Reduced -6.7k |
| Legal & General Group Plc 0.00% of their portfolio | 23.8k $5.6m | Added +543 |
| DCM Advisors, LLC 2.86% of their portfolio | 23.0k $5.4m | Reduced -325 |
| WOLVERINE TRADING, LLC 0.17% of their portfolio | 22.9k $5.4m | Reduced -14.9k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 22.3k $5.2m | Added +2.0k |
| Tidal Investments LLC 0.04% of their portfolio | 21.3k $5.0m | New |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.20% of their portfolio | 21.1k $5.0m | Added +3.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 20.9k $4.9m | Added +2.1k |
| KINGDON CAPITAL MANAGEMENT, L.L.C. 0.95% of their portfolio | 19.5k $4.6m | New |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 19.4k $4.5m | Added +3.3k |
| HighTower Advisors, LLC 0.01% of their portfolio | 19.2k $4.5m | Reduced -4.7k |
| Aquatic Capital Management LLC 0.11% of their portfolio | 19.1k $4.5m | Reduced -31.7k |
| Shay Capital LLC 1.29% of their portfolio | 18.9k $4.4m | New |
| Retirement Systems of Alabama 0.02% of their portfolio | 18.3k $4.3m | Added +136 |
| California Public Employees Retirement System 0.00% of their portfolio | 17.4k $4.1m | Reduced -5.9k |
| Edgestream Partners, L.P. 0.13% of their portfolio | 16.9k $4.0m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 16.8k $3.9m | Reduced -100 |
| Corebridge Financial, Inc. 0.02% of their portfolio | 16.7k $3.9m | Reduced -297 |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 16.6k $3.9m | Reduced -694 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 16.3k $3.8m | Reduced -200 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 16.2k $3.8m | Added +3.1k |
| J. Goldman & Co LP 0.13% of their portfolio | 16.2k $3.8m | Added +14.2k |