RPC Inc
216 hedge funds and large institutions have $1B invested in RPC Inc in 2018 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 70 increasing their positions, 74 reducing their positions, and 79 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 74
4.84% less ownership
Funds ownership: 36.7% → 31.86% (-4.8%)
15% less funds holding
Funds holding: 254 → 216 (-38)
29% less call options, than puts
Call options by funds: $6.51M | Put options by funds: $9.12M
30% less capital invested
Capital invested by funds: $1.42B → $1B (-$421M)
46% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 79
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.2M |
| 2 |
RA
Royce & Associates
New York
|
+$15.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$15M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$10.3M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$8.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$60.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$53.5M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$24.1M |
| 4 |
SI
Scout Investments
Kansas City,
Missouri
|
-$20M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$17.4M |
RES Hedge Fund Activity: Q2 2018 in Review
216 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in RPC Inc (RES) for Q2 2018, worth a combined $1B — down 30% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of RES and 43 opened new positions — a net loss of 36 holders — while 74 trimmed existing stakes and 70 added.
The largest buyer was Fidelity Investments, adding an estimated $18.2M. The largest seller was Congress Asset Management, exiting entirely with an estimated $60.1M sold.
- 216 institutional investors held RPC Inc (RES) as of Q2 2018, down from 254 in Q1 2018.
- Funds reported $1B of RPC Inc stock for Q2 2018, down 30% quarter-over-quarter.
- 43 funds opened new RPC Inc positions in Q2 2018 and 79 closed out, a net change of -36 holders.
- The largest RPC Inc buyer in Q2 2018 was Fidelity Investments, an estimated $18.2M added.
- The largest RPC Inc seller in Q2 2018 was Congress Asset Management, an estimated $60.1M sold.
Based on aggregated 13F filings for Q2 2018.