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 ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 18.7m as of 2025-06-06, 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 ≈ $189.20. Options: 26 managers hold calls ($654.2m notional), 27 hold puts ($677.9m).
Trends to Q2 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 |
| Q2 2025 | 419 |
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 | 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 |
| Q2 2025 | 260 | 192 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $940.6m | $922.3m | 0.98 |
| Q4 2024 | $862.9m | $1.0bn | 1.21 |
| Q1 2025 | $622.0m | $605.3m | 0.97 |
| Q2 2025 | $654.2m | $677.9m | 1.04 |
Biggest buyers
| Squarepoint Ops LLC | Added | +375.0k |
| Durable Capital Partners LP | Added | +359.1k |
| Senvest Management, LLC | Added | +259.2k |
| TWO SIGMA INVESTMENTS, LP | Added | +244.9k |
| Capital World Investors | New | +201.7k |
| Rockefeller Capital Management L.P. | New | +196.6k |
| CAPITAL FUND MANAGEMENT S.A. | New | +192.0k |
| SCOPUS ASSET MANAGEMENT, L.P. | New | +161.1k |
| Diameter Capital Partners LP | New | +143.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +116.4k |
Biggest sellers
| Anomaly Capital Management, LP | Reduced | -481.4k |
| Atreides Management, LP | Sold out | -473.3k |
| Balyasny Asset Management L.P. | Sold out | -331.7k |
| Invesco Ltd. | Reduced | -220.3k |
| CITADEL ADVISORS LLC | Reduced | -216.8k |
| MARSHALL WACE, LLP | Reduced | -215.4k |
| Point72 Asset Management, L.P. | Sold out | -189.2k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -159.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -150.6k |
| Capital Research Global Investors | Sold out | -150.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $137.7m728.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $116.2m614.6k shares |
| IMC-Chicago, LLC | Added | $83.8m443.6k shares |
| JANE STREET GROUP, LLC | Added | $49.3m260.8k shares |
| Squarepoint Ops LLC | Added | $38.3m202.5k shares |
| WOLVERINE TRADING, LLC | Added | $36.7m192.3k shares |
| PEAK6 LLC | Added | $31.9m169.0k shares |
| SIMPLEX TRADING, LLC | Added | $25.1m132.8k shares |
| D. E. Shaw & Co., Inc. | Added | $24.9m131.8k shares |
| Cubist Systematic Strategies, LLC | Added | $16.1m85.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $146.4m774.8k shares |
| CITADEL ADVISORS LLC | Added | $103.3m546.7k shares |
| IMC-Chicago, LLC | Added | $76.7m405.6k shares |
| Squarepoint Ops LLC | Added | $55.3m292.5k shares |
| JANE STREET GROUP, LLC | Added | $35.4m187.2k shares |
| WOLVERINE TRADING, LLC | Added | $31.3m163.9k shares |
| PEAK6 LLC | Added | $28.5m150.6k shares |
| D. E. Shaw & Co., Inc. | Added | $25.9m137.2k shares |
| Walleye Capital LLC | Reduced | $23.9m126.2k shares |
| Walleye Trading LLC | Added | $22.2m117.2k 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 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.
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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.03% of their portfolio | 2.8m $530.7m | Added +38.7k |
| BlackRock, Inc. 0.01% of their portfolio | 1.4m $272.7m | Added +25.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.4m $266.6m | Added +702 |
| Senvest Management, LLC 4.65% of their portfolio | 733.9k $138.7m | Added +259.2k |
| Durable Capital Partners LP 0.92% of their portfolio | 646.1k $122.1m | Added +359.1k |
| STATE STREET CORP 0.00% of their portfolio | 468.4k $88.5m | Reduced -3.2k |
| Squarepoint Ops LLC 0.18% of their portfolio | 438.6k $82.9m | Added +375.0k |
| UBS Group AG 0.01% of their portfolio | 377.8k $71.4m | Reduced -26.4k |
| MORGAN STANLEY 0.00% of their portfolio | 368.2k $69.6m | Added +13.6k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 345.4k $65.3m | Reduced -8.7k |
| MARSHALL WACE, LLP 0.06% of their portfolio | 278.6k $52.7m | Reduced -215.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 278.0k $52.5m | Reduced -18.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 265.8k $50.2m | Added +1.8k |
| TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio | 254.9k $48.2m | Added +244.9k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 249.0k $49.5m | Reduced -9.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 203.0k $38.4m | Added +12.2k |
| Capital World Investors 0.01% of their portfolio | 201.7k $38.1m | New |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 196.6k $37.2m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.40% of their portfolio | 192.0k $36.3m | New |
| Anomaly Capital Management, LP 1.06% of their portfolio | 176.0k $33.3m | Reduced -481.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 166.7k $31.5m | Added +116.4k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.81% of their portfolio | 161.1k $30.5m | New |
| NORGES BANK 0.00% of their portfolio | 153.9k $29.1m | Added +25.8k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 146.9k $27.8m | Added +84.6k |
| Diameter Capital Partners LP 7.57% of their portfolio | 143.7k $27.2m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 135.4k $25.6m | Reduced -1.9k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 134.7k $25.5m | Added +102.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 119.0k $22.5m | Reduced -41.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 116.9k $22.1m | Reduced -150.6k |
| Xcel Wealth Management, LLC 6.13% of their portfolio | 113.9k $21.5m | Reduced -13.5k |
| Valiant Capital Management, L.P. 1.58% of their portfolio | 108.5k $20.5m | New |
| WCM INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 105.7k $20.2m | Added +59.9k |
| Alyeska Investment Group, L.P. 0.07% of their portfolio | 99.1k $18.7m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 95.2k $18.0m | Reduced -11.3k |
| SCP Investment, LP 14.41% of their portfolio | 95.0k $18.0m | Unchanged |
| Trexquant Investment LP 0.18% of their portfolio | 86.2k $16.3m | Added +45.4k |
| TUDOR INVESTMENT CORP ET AL 0.12% of their portfolio | 80.8k $15.3m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 76.9k $14.5m | Added +56.1k |
| Aquatic Capital Management LLC 0.29% of their portfolio | 76.5k $14.5m | Added +57.4k |
| BARCLAYS PLC 0.01% of their portfolio | 75.5k $14.3m | Reduced -70.5k |
| GREATMARK INVESTMENT PARTNERS, INC. 1.77% of their portfolio | 74.6k $14.1m | Added +25.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 70.7k $13.4m | Added +27.2k |
| Broad Run Investment Management, LLC 1.94% of their portfolio | 67.1k $12.7m | Reduced -1.4k |
| GLENVIEW CAPITAL MANAGEMENT, LLC 0.35% of their portfolio | 65.9k $12.5m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 57.4k $10.9m | Added +31.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 56.8k $10.7m | Added +40.0k |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.39% of their portfolio | 56.5k $10.7m | Added +35.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 54.3k $10.3m | Reduced -31.9k |
| Hodges Capital Management Inc. 0.99% of their portfolio | 54.0k $10.2m | Added +37.8k |
| Man Group plc 0.02% of their portfolio | 50.9k $9.6m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 50.7k $9.6m | Added +12.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 50.5k $9.5m | Added +43.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 50.0k $9.5m | New |
| Union Square Park Capital Management, LLC 8.23% of their portfolio | 50.0k $9.5m | Added +16.5k |
| Verition Fund Management LLC 0.05% of their portfolio | 43.6k $8.2m | Added +3.2k |
| Fund 1 Investments, LLC 1.13% of their portfolio | 42.2k $8.0m | Reduced -28.1k |
| ExodusPoint Capital Management, LP 0.10% of their portfolio | 41.6k $7.9m | New |
| Private Advisory Group LLC 0.71% of their portfolio | 40.4k $7.6m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 40.0k $7.6m | Reduced -784 |
| INFINITUM ASSET MANAGEMENT, LLC 1.67% of their portfolio | 40.0k $7.6m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 38.8k $7.3m | Added +7.9k |
| Engineers Gate Manager LP 0.09% of their portfolio | 38.6k $7.3m | Added +36.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 34.5k $6.5m | Reduced -261 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 34.2k $6.5m | New |
| Twin Tree Management, LP 0.14% of their portfolio | 29.8k $5.6m | Reduced -2.4k |
| DCM Advisors, LLC 2.40% of their portfolio | 29.6k $5.6m | Added +6.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 29.4k $5.5m | Reduced -12.9k |
| Swiss National Bank 0.00% of their portfolio | 28.6k $5.4m | Reduced -200 |
| Invesco Ltd. 0.00% of their portfolio | 28.1k $5.3m | Reduced -220.3k |
| Kinetic Partners Management, LP 0.29% of their portfolio | 27.7k $5.2m | Reduced -118.0k |
| HRT FINANCIAL LP 0.03% of their portfolio | 27.4k $5.2m | Added +24.8k |
| Legal & General Group Plc 0.00% of their portfolio | 24.5k $4.6m | Added +712 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 23.8k $4.5m | Reduced -216.8k |
| TWINBEECH CAPITAL LP 0.10% of their portfolio | 23.8k $4.5m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 23.1k $4.4m | New |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 23.1k $4.4m | Reduced -37.9k |
| ARMISTICE CAPITAL, LLC 0.16% of their portfolio | 22.3k $4.2m | Reduced -50.3k |
| Holocene Advisors, LP 0.01% of their portfolio | 20.4k $3.9m | New |
| Fieldview Capital Management, LLC 0.58% of their portfolio | 20.4k $3.8m | New |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 20.2k $3.8m | Added +853 |
| Eisler Capital Management Ltd. 0.13% of their portfolio | 20.1k $3.8m | Reduced -15.1k |
| ADVENT CAPITAL MANAGEMENT /DE/ 0.08% of their portfolio | 20.0k $3.8m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 19.7k $3.7m | Added +9.8k |
| FORMULA GROWTH LTD 1.40% of their portfolio | 19.6k $3.7m | Added +4.5k |
| Caption Management, LLC 0.34% of their portfolio | 19.4k $3.7m | Added +11.9k |
| Quantbot Technologies LP 0.09% of their portfolio | 19.4k $3.7m | Added +8.2k |
| Nuveen, LLC 0.00% of their portfolio | 19.1k $3.6m | Reduced -7.9k |
| California Public Employees Retirement System 0.00% of their portfolio | 19.0k $3.6m | Added +1.6k |
| Narwhal Capital Management 0.29% of their portfolio | 19.0k $3.6m | Added +4.8k |
| Retirement Systems of Alabama 0.01% of their portfolio | 18.5k $3.5m | Added +202 |
| Bayesian Capital Management, LP 0.54% of their portfolio | 18.1k $3.4m | New |
| SWS Partners 0.92% of their portfolio | 18.1k $3.4m | Added +4.9k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 17.2k $3.3m | Added +609 |
| WOLVERINE TRADING, LLC 0.08% of their portfolio | 17.2k $3.3m | Reduced -5.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 17.1k $3.2m | Added +2.1k |
| Twin Lakes Capital Management, LLC 1.95% of their portfolio | 17.0k $3.2m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 16.7k $3.1m | Reduced -8.2k |
| Y-Intercept (Hong Kong) Ltd 0.08% of their portfolio | 16.7k $3.1m | Added +12.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 16.3k $3.1m | Reduced -8.7k |
| Entropy Technologies, LP 0.24% of their portfolio | 15.8k $3.0m | Added +14.4k |