RPC Inc
182 hedge funds and large institutions have $998M invested in RPC Inc in 2014 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 61 increasing their positions, 51 reducing their positions, and 32 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
67% more call options, than puts
Call options by funds: $1.96M | Put options by funds: $1.17M
44% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 32
20% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 51
8% more funds holding
Funds holding: 169 → 182 (+13)
4.66% less ownership
Funds ownership: 26.96% → 22.29% (-4.7%)
5% less capital invested
Capital invested by funds: $1.05B → $998M (-$56.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$24.2M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$19.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.7M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$11.2M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$189M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$42.5M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$20.5M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$12.9M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$12.9M |
RES Hedge Fund Activity: Q1 2014 in Review
182 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in RPC Inc (RES) for Q1 2014, worth a combined $998M — down 5.3% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new RES positions and 32 closed out — a net gain of 14 holders — while 61 added to existing stakes and 51 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $24.2M. The largest seller was Herndon Capital Management, cutting an estimated $189M.
- 182 institutional investors held RPC Inc (RES) as of Q1 2014, up from 169 in Q4 2013.
- Funds reported $998M of RPC Inc stock for Q1 2014, down 5.3% quarter-over-quarter.
- 46 funds opened new RPC Inc positions in Q1 2014 and 32 closed out, a net change of +14 holders.
- The largest RPC Inc buyer in Q1 2014 was Citadel Advisors, an estimated $24.2M added.
- The largest RPC Inc seller in Q1 2014 was Herndon Capital Management, an estimated $189M sold.
Based on aggregated 13F filings for Q1 2014.