RPC Inc
255 hedge funds and large institutions have $1.42B invested in RPC Inc in 2018 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 93 increasing their positions, 81 reducing their positions, and 57 closing their positions.
250% more call options, than puts
Call options by funds: $5.46M | Put options by funds: $1.56M
15% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 81
1.29% more ownership
Funds ownership: 35.41% → 36.7% (+1.3%)
4% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 57
0% more funds holding
Funds holding: 255 → 255 (0)
27% less capital invested
Capital invested by funds: $1.96B → $1.42B (-$536M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$69.8M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$32.1M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$24.8M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$24.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$41.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$28.2M |
| 3 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
-$26.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$24.7M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$23.6M |
RES Hedge Fund Activity: Q1 2018 in Review
255 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in RPC Inc (RES) for Q1 2018, worth a combined $1.42B — down 27% from $1.96B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new RES positions and 57 closed out — a net gain of 2 holders — while 93 added to existing stakes and 81 trimmed.
The largest buyer was Congress Asset Management, opening a new position worth an estimated $69.8M. The largest seller was Copper Rock Capital Partners, exiting entirely with an estimated $41.9M sold.
- 255 institutional investors held RPC Inc (RES) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $1.42B of RPC Inc stock for Q1 2018, down 27% quarter-over-quarter.
- 59 funds opened new RPC Inc positions in Q1 2018 and 57 closed out, a net change of +2 holders.
- The largest RPC Inc buyer in Q1 2018 was Congress Asset Management, an estimated $69.8M added.
- The largest RPC Inc seller in Q1 2018 was Copper Rock Capital Partners, an estimated $41.9M sold.
Based on aggregated 13F filings for Q1 2018.