MAGNOLIA GROUP, LLC: RE/MAX HLDGS INC (RMAX): Quarterly 13F Position History
As of Q1 2026, MAGNOLIA GROUP, LLC reported 2,665,643 shares of RE/MAX HLDGS INC (RMAX), worth $15.4M and representing 2.9% of its 13F equity book. Quarter-over-quarter share count change: 201,555 (-7.0%) . The position first appeared in Q1 2022 and has been disclosed across 17 13F-HR filings in Pactolio's tracked window.
- 2,665,643Shares Held (Latest Filing)
- $15.4MReported Market Value (Latest Filing)
- 2.9%Portfolio Weight (% of 13F Equity Book)
- 201,555Quarter-over-Quarter Share Change
- -$6.4MQuarter-over-Quarter Value Change
- 3,247,929Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 17 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,665,643 | 201,555 | -7.0% | $15.4M | 2.9% | $5.8 |
| Q4 2025 | 2,867,198 | 0 | — | $21.8M | 3.6% | $7.6 |
| Q3 2025 | 2,867,198 | 380,731 | -11.7% | $27.0M | 4.3% | $9.4 |
| Q2 2025 | 3,247,929 | 0 | — | $26.6M | 4.1% | $8.2 |
| Q1 2025 | 3,247,929 | +26,798 | +0.8% | $27.2M | 4.6% | $8.4 |
| Q4 2024 | 3,221,131 | +70,457 | +2.2% | $34.4M | 5.9% | $10.7 |
| Q3 2024 | 3,150,674 | +26,522 | +0.8% | $39.2M | 6.6% | $12.4 |
| Q2 2024 | 3,124,152 | +86,309 | +2.8% | $25.3M | 3.8% | $8.1 |
| Q1 2024 | 3,037,843 | +54,000 | +1.8% | $26.6M | 4.0% | $8.8 |
| Q4 2023 | 2,983,843 | +358,736 | +13.7% | $39.8M | 5.9% | $13.3 |
| Q3 2023 | 2,625,107 | +23,525 | +0.9% | $34.0M | 5.5% | $12.9 |
| Q2 2023 | 2,601,582 | +45,743 | +1.8% | $50.1M | 7.3% | $19.3 |
| Q1 2023 | 2,555,839 | +184,788 | +7.8% | $47.9M | 6.9% | $18.8 |
| Q4 2022 | 2,371,051 | +174,856 | +8.0% | $44.2M | 6.0% | $18.6 |
| Q3 2022 | 2,196,195 | +107,586 | +5.2% | $41.5M | 6.3% | $18.9 |
| Q2 2022 | 2,088,609 | +1,243,727 | +147.2% | $51.2M | 7.6% | $24.5 |
| Q1 2022 | 844,882 | — | — | $23.4M | 3.2% | $27.7 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did MAGNOLIA GROUP, LLC first disclose a RMAX position in 13F-HR filings?
MAGNOLIA GROUP, LLC first reported RE/MAX HLDGS INC (RMAX) on its 13F-HR filing for the period ending 2022-03-31 (Q1 2022). The position has appeared on 17 reported quarters within Pactolio's tracked window.
What was MAGNOLIA GROUP, LLC's most recent quarter-over-quarter share-count change in RMAX?
Between Q4 2025 and Q1 2026, MAGNOLIA GROUP, LLC reduced its RMAX position by 201,555 shares (-7.0%), leaving 2,665,643 shares at a market value of $15.4M.
Does the implied price-per-share represent MAGNOLIA GROUP, LLC's cost basis in RMAX?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.