RGC Resources
RGCO
57 hedge funds and large institutions have $61.3M invested in RGC Resources in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
31% more capital invested
Capital invested by funds: $46.8M → $61.3M (+$14.6M)
6.45% more ownership
Funds ownership: 23.82% → 30.27% (+6.5%)
6% more funds holding
Funds holding: 54 → 57 (+3)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.92M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$312K |
| 4 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$252K |
| 5 |
LPL Financial
San Diego,
California
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$209K |
| 2 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$203K |
| 3 |
BlackRock
New York
|
-$124K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$92K |
| 5 |
TA
Teton Advisors
Rye,
New York
|
-$75.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIC
51
Salem Investment Counselors
Winston Salem,
North Carolina
| $10K | – | – | – |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $8K | -$24.6K | -977 | -77% |
|
|
AIM
53
Advantage Investment Management
Cedar Rapids,
Iowa
| $8K | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $7K | – | – | – |
|
|
LTFS
55
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$5.04K | +200 | New |
|
56
Canada Life
Winnipeg,
Manitoba, Canada
| $4K | +$3.94K | +156 | New |
|
|
RCAG
57
Rehmann Capital Advisory Group
Lansing,
Michigan
| $1K | +$858 | +34 | New |
|
58
Parallax Volatility Advisers
San Francisco,
California
| – | -$27K | -1,008 | Closed |
|
59
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -85 | Closed |
|
RGCO Hedge Fund Activity: Q1 2018 in Review
57 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in RGC Resources (RGCO) for Q1 2018, worth a combined $61.3M — up 31% from $46.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RGCO positions and 2 closed out — a net gain of 3 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $10.5M. The largest seller was Hennessy Advisors Inc, cutting an estimated $209K.
- 57 institutional investors held RGC Resources (RGCO) as of Q1 2018, up from 54 in Q4 2017.
- Funds reported $61.3M of RGC Resources stock for Q1 2018, up 31% quarter-over-quarter.
- 5 funds opened new RGC Resources positions in Q1 2018 and 2 closed out, a net change of +3 holders.
- The largest RGC Resources buyer in Q1 2018 was T. Rowe Price Associates, an estimated $10.5M added.
- The largest RGC Resources seller in Q1 2018 was Hennessy Advisors Inc, an estimated $209K sold.
Based on aggregated 13F filings for Q1 2018.