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229 hedge funds and large institutions have $570M invested in RPC Inc in 2023 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 93 increasing their positions, 65 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

135% more call options, than puts

Call options by funds: $3.52M | Put options by funds: $1.5M

43% more repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 65

17% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 30

2% more funds holding

Funds holding: 225229 (+4)

0.73% more ownership

Funds ownership: 33.38%34.11% (+0.73%)

5% less capital invested

Capital invested by funds: $598M → $570M (-$27.7M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
229
Holders Change
+4
Holders Change %
+1.78%
% of All Funds
3.65%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
35
Increased
93
Reduced
65
Closed
30
Calls
$3.52M
Puts
$1.5M
Net Calls
+$2.02M
Net Calls Change
+$2.92M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$99.6M +$176K +19,747 +0.2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$76.6M +$2.87M +322,519 +3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$45.5M +$7.71M +866,947 +17%
VanEck Associates
4
VanEck Associates
New York
$30.6M -$5.98M -672,943 -14%
State Street
5
State Street
Massachusetts
$30.4M +$4.53M +509,236 +15%
Millennium Management
6
Millennium Management
New York
$24.5M -$8.73M -981,682 -24%
GI
7
GAMCO Investors
Connecticut
$24M -$106K -11,953 -0.4%
GF
8
Gabelli Funds
New York
$17.1M
Morgan Stanley
9
Morgan Stanley
New York
$12.1M +$4.19M +471,352 +43%
N
10
Nuveen
North Carolina
$11.8M +$5.01M +563,222 +58%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$11.3M +$529K +59,522 +4%
Victory Capital Management
12
Victory Capital Management
Texas
$11.1M -$938K -105,468 -7%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$9.88M -$207K -23,319 -2%
Invesco
14
Invesco
Georgia
$8.07M +$667K +75,002 +8%
Charles Schwab
15
Charles Schwab
California
$7.85M +$106K +11,949 +1%
Goldman Sachs
16
Goldman Sachs
New York
$6.33M -$2.05M -231,095 -22%
Prudential Financial
17
Prudential Financial
New Jersey
$6.04M -$65.8K -7,406 -0.9%
RA
18
Royce & Associates
New York
$5.97M +$2.88M +323,600 +71%
Northern Trust
19
Northern Trust
Illinois
$5.94M +$38.1K +4,288 +0.6%
MPM
20
Mountaineer Partners Management
New York
$5.64M
AG
21
Algert Global
California
$5.25M +$2.81M +316,531 +86%
Citadel Advisors
22
Citadel Advisors
Florida
$5.23M +$2.19M +246,251 +57%
AQR Capital Management
23
AQR Capital Management
Connecticut
$5.22M +$2.39M +268,394 +65%
OAM
24
Oberweis Asset Management
Illinois
$4.73M +$2.86M +321,885 +110%
JP Morgan Chase
25
JP Morgan Chase
New York
$4.47M +$4.14M +465,831 +403%

RES Hedge Fund Activity: Q1 2023 in Review

229 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in RPC Inc (RES) for Q1 2023, worth a combined $570M — down 4.6% from $598M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new RES positions and 30 closed out — a net gain of 5 holders — while 93 added to existing stakes and 65 trimmed.

The largest buyer was Dimensional Fund Advisors, adding an estimated $7.71M. The largest seller was Deutsche Bank, cutting an estimated $9.56M.

  • 229 institutional investors held RPC Inc (RES) as of Q1 2023, up from 225 in Q4 2022.
  • Funds reported $570M of RPC Inc stock for Q1 2023, down 4.6% quarter-over-quarter.
  • 35 funds opened new RPC Inc positions in Q1 2023 and 30 closed out, a net change of +5 holders.
  • The largest RPC Inc buyer in Q1 2023 was Dimensional Fund Advisors, an estimated $7.71M added.
  • The largest RPC Inc seller in Q1 2023 was Deutsche Bank, an estimated $9.56M sold.

Based on aggregated 13F filings for Q1 2023.