RPC Inc
203 hedge funds and large institutions have $1.11B invested in RPC Inc in 2018 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 67 increasing their positions, 62 reducing their positions, and 53 closing their positions.
64% more call options, than puts
Call options by funds: $6.48M | Put options by funds: $3.95M
11% more capital invested
Capital invested by funds: $1B → $1.11B (+$108M)
1.49% more ownership
Funds ownership: 31.86% → 33.34% (+1.5%)
8% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 62
6% less funds holding
Funds holding: 217 → 203 (-14)
23% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$94.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.8M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.6M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$8.67M |
| 5 |
AIM
Assured Investment Management
New York
|
+$8.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$25.9M |
| 2 |
Morgan Stanley
New York
|
-$15.2M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$13M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$12.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$10.8M |
RES Hedge Fund Activity: Q3 2018 in Review
203 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in RPC Inc (RES) for Q3 2018, worth a combined $1.11B — up 11% from $1B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of RES and 41 opened new positions — a net loss of 12 holders — while 62 trimmed existing stakes and 67 added.
The largest buyer was Causeway Capital Management, opening a new position worth an estimated $94.2M. The largest seller was Waddell & Reed Financial, cutting an estimated $25.9M.
- 203 institutional investors held RPC Inc (RES) as of Q3 2018, down from 217 in Q2 2018.
- Funds reported $1.11B of RPC Inc stock for Q3 2018, up 11% quarter-over-quarter.
- 41 funds opened new RPC Inc positions in Q3 2018 and 53 closed out, a net change of -12 holders.
- The largest RPC Inc buyer in Q3 2018 was Causeway Capital Management, an estimated $94.2M added.
- The largest RPC Inc seller in Q3 2018 was Waddell & Reed Financial, an estimated $25.9M sold.
Based on aggregated 13F filings for Q3 2018.