RGC Resources
RGCO
60 hedge funds and large institutions have $71.6M invested in RGC Resources in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 3 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
0.13% more ownership
Funds ownership: 33.56% → 33.7% (+0.13%)
2% less funds holding
Funds holding: 61 → 60 (-1)
11% less capital invested
Capital invested by funds: $80.4M → $71.6M (-$8.8M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$529K |
| 2 |
Renaissance Technologies
New York
|
+$249K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$208K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$194K |
| 5 |
SG Americas Securities
New York
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$417K |
| 2 |
SFG
Summit Financial Group
Moorefield,
West Virginia
|
-$263K |
| 3 |
Morgan Stanley
New York
|
-$260K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$218K |
| 5 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$104K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $14K | – | – | – |
|
|
SIC
52
Salem Investment Counselors
Winston Salem,
North Carolina
| $11K | +$11.5K | +406 | New |
|
|
ASN
53
Advisory Services Network
Atlanta,
Georgia
| $10K | +$57 | +2 | +0.5% |
|
|
LTFS
54
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | – | – | – |
|
|
AIM
55
Advantage Investment Management
Cedar Rapids,
Iowa
| $8K | – | – | – |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| $7K | -$2.94K | -104 | -27% |
|
57
Fidelity Investments
Boston,
Massachusetts
| $7K | -$452 | -16 | -6% |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | +$4.01K | +142 | +1,291% |
|
59
Canada Life
Winnipeg,
Manitoba, Canada
| $4K | – | – | – |
|
|
RCAG
60
Rehmann Capital Advisory Group
Lansing,
Michigan
| $1.88K | – | – | – |
|
|
61
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$218K | -7,275 | Closed |
|
|
MIM
62
MetLife Investment Management
Whippany,
New Jersey
| – | -$104K | -3,484 | Closed |
|
|
MLICM
63
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$76.5K | -2,552 | Closed |
|
RGCO Hedge Fund Activity: Q1 2019 in Review
60 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in RGC Resources (RGCO) for Q1 2019, worth a combined $71.6M — down 11% from $80.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RGCO and 2 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 21 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $529K. The largest seller was BlackRock, cutting an estimated $417K.
- 60 institutional investors held RGC Resources (RGCO) as of Q1 2019, down from 61 in Q4 2018.
- Funds reported $71.6M of RGC Resources stock for Q1 2019, down 11% quarter-over-quarter.
- 2 funds opened new RGC Resources positions in Q1 2019 and 3 closed out, a net change of -1 holder.
- The largest RGC Resources buyer in Q1 2019 was T. Rowe Price Associates, an estimated $529K added.
- The largest RGC Resources seller in Q1 2019 was BlackRock, an estimated $417K sold.
Based on aggregated 13F filings for Q1 2019.