RGC Resources
RGCO
55 hedge funds and large institutions have $47.7M invested in RGC Resources in 2017 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 1 closing their positions.
2,200% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 1
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
93% more capital invested
Capital invested by funds: $24.7M → $47.7M (+$23M)
67% more funds holding
Funds holding: 33 → 55 (+22)
7.7% more ownership
Funds ownership: 15.6% → 23.3% (+7.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.55M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.69M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.47M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$446K |
| 5 |
Bank of New York Mellon
New York
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
-$2.11M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$77K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$57.7K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$46.8K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIC
51
Salem Investment Counselors
Winston Salem,
North Carolina
| $12K | +$9.96K | +406 | New |
|
|
AIM
52
Advantage Investment Management
Cedar Rapids,
Iowa
| $9K | – | – | – |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $8K | +$6.77K | +276 | New |
|
54
Citigroup
New York
| $1K | +$1.1K | +45 | New |
|
|
55
Truist Financial
Charlotte,
North Carolina
| – | -$26K | -1,200 | Closed |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$245 | +10 | New |
|
RGCO Hedge Fund Activity: Q2 2017 in Review
55 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in RGC Resources (RGCO) for Q2 2017, worth a combined $47.7M — up 93% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new RGCO positions and 1 closed out — a net gain of 22 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, adding an estimated $6.55M. The largest seller was Cutter & Co Brokerage, cutting an estimated $2.11M.
- 55 institutional investors held RGC Resources (RGCO) as of Q2 2017, up from 33 in Q1 2017.
- Funds reported $47.7M of RGC Resources stock for Q2 2017, up 93% quarter-over-quarter.
- 23 funds opened new RGC Resources positions in Q2 2017 and 1 closed out, a net change of +22 holders.
- The largest RGC Resources buyer in Q2 2017 was BlackRock, an estimated $6.55M added.
- The largest RGC Resources seller in Q2 2017 was Cutter & Co Brokerage, an estimated $2.11M sold.
Based on aggregated 13F filings for Q2 2017.