RPC Inc
235 hedge funds and large institutions have $1.52B invested in RPC Inc in 2017 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 73 increasing their positions, 82 reducing their positions, and 28 closing their positions.
54% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 28
3% more funds holding
Funds holding: 228 → 235 (+7)
1.23% more ownership
Funds ownership: 37.05% → 38.28% (+1.2%)
5% less capital invested
Capital invested by funds: $1.6B → $1.52B (-$72.1M)
11% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 82
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
58% less call options, than puts
Call options by funds: $1.91M | Put options by funds: $4.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$55.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$38.4M |
| 3 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$21.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$20.4M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$37.1M |
| 2 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
-$31.6M |
| 3 |
TA
Teachers Advisors
New York
|
-$29.3M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$20.9M |
| 5 |
Millennium Management
New York
|
-$20.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
251
Cutler Group
San Francisco,
California
| – | -$262K | -12,987 | Closed |
|
|
PAM
252
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$219K | -11,075 | Closed |
|
|
IR
253
Invictus RG
Hamilton,
Bermuda
| – | -$203K | -10,249 | Closed |
|
254
Walleye Trading
New York
| – | -$166K | -8,224 | Closed |
|
|
DVM
255
Dreman Value Management
West Palm Beach,
Florida
| – | -$152K | -7,650 | Closed |
|
256
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$101K | -5,100 | Closed |
|
|
TRCT
257
Tower Research Capital (TRC)
New York
| – | -$63K | -3,169 | Closed |
|
|
PHK
258
Point72 Hong Kong
Hong Kong
| – | -$54K | -2,735 | Closed |
|
259
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$27K | -1,335 | Closed |
|
260
EARNEST Partners
Atlanta,
Georgia
| – | -$4K | -223 | Closed |
|
|
HCM
261
Herndon Capital Management
Atlanta,
Georgia
| – | -$1K | -62 | Closed |
|
RES Hedge Fund Activity: Q1 2017 in Review
235 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in RPC Inc (RES) for Q1 2017, worth a combined $1.52B — down 4.5% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new RES positions and 28 closed out — a net gain of 15 holders — while 73 added to existing stakes and 82 trimmed.
The largest buyer was BlackRock, adding an estimated $55.1M. The largest seller was Cramer Rosenthal McGlynn, cutting an estimated $37.1M.
- 235 institutional investors held RPC Inc (RES) as of Q1 2017, up from 228 in Q4 2016.
- Funds reported $1.52B of RPC Inc stock for Q1 2017, down 4.5% quarter-over-quarter.
- 43 funds opened new RPC Inc positions in Q1 2017 and 28 closed out, a net change of +15 holders.
- The largest RPC Inc buyer in Q1 2017 was BlackRock, an estimated $55.1M added.
- The largest RPC Inc seller in Q1 2017 was Cramer Rosenthal McGlynn, an estimated $37.1M sold.
Based on aggregated 13F filings for Q1 2017.