RPC Inc
215 hedge funds and large institutions have $654M invested in RPC Inc in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 85 increasing their positions, 72 reducing their positions, and 23 closing their positions.
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
18% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 72
4.17% more ownership
Funds ownership: 37.36% → 41.52% (+4.2%)
1% more funds holding
Funds holding: 213 → 215 (+2)
10% less capital invested
Capital invested by funds: $723M → $654M (-$69.5M)
45% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $2.18M
Top Buyers
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$47.5M |
| 2 |
Morgan Stanley
New York
|
+$10.9M |
| 3 |
BlackRock
New York
|
+$10.1M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$5.42M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$5.04M |
Top Sellers
| 1 |
MPM
Mountaineer Partners Management
New York
|
-$6.72M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$5.72M |
| 3 |
JP Morgan Chase
New York
|
-$3.84M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$3.59M |
| 5 |
Goldman Sachs
New York
|
-$3.11M |
RES Hedge Fund Activity: Q4 2023 in Review
215 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in RPC Inc (RES) for Q4 2023, worth a combined $654M — down 9.6% from $723M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RES positions and 23 closed out — a net gain of 5 holders — while 85 added to existing stakes and 72 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $47.5M. The largest seller was Mountaineer Partners Management, exiting entirely with an estimated $6.72M sold.
- 215 institutional investors held RPC Inc (RES) as of Q4 2023, up from 213 in Q3 2023.
- Funds reported $654M of RPC Inc stock for Q4 2023, down 9.6% quarter-over-quarter.
- 28 funds opened new RPC Inc positions in Q4 2023 and 23 closed out, a net change of +5 holders.
- The largest RPC Inc buyer in Q4 2023 was Pacer Advisors, an estimated $47.5M added.
- The largest RPC Inc seller in Q4 2023 was Mountaineer Partners Management, an estimated $6.72M sold.
Based on aggregated 13F filings for Q4 2023.