RGC Resources
RGCO
55 hedge funds and large institutions have $75.4M invested in RGC Resources in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 8 closing their positions.
1.54% less ownership
Funds ownership: 41.51% → 39.98% (-1.5%)
7% less funds holding
Funds holding: 59 → 55 (-4)
12% less capital invested
Capital invested by funds: $86.1M → $75.4M (-$10.7M)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$1.78M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$489K |
| 3 |
LPL Financial
San Diego,
California
|
+$266K |
| 4 |
State Street
Boston,
Massachusetts
|
+$156K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.08M |
| 2 |
Renaissance Technologies
New York
|
-$731K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$718K |
| 4 |
DHFB
Dixon Hubard Feinour & Brown
Roanoke,
Virginia
|
-$517K |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$481K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $5.12K | -$416 | -17 | -7% |
|
|
EI
52
Ellevest Inc
New York
| $2K | – | – | – |
|
53
Fidelity Investments
Boston,
Massachusetts
| $1K | – | – | – |
|
|
GKWIM
54
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
| $1K | +$24 | +1 | New |
|
55
Nisa Investment Advisors
St. Louis,
Missouri
| $63 | – | – | – |
|
|
56
Millennium Management
New York
| – | -$1.08M | -42,749 | Closed |
|
|
PPA
57
Parametric Portfolio Associates
Seattle,
Washington
| – | -$718K | -28,462 | Closed |
|
|
TEE
58
Tibra Equities Europe
London,
United Kingdom
| – | -$323K | -12,800 | Closed |
|
|
FIM
59
Fruth Investment Management
Houston,
Texas
| – | -$216K | -8,600 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$21K | -824 | Closed |
|
|
ASN
61
Advisory Services Network
Atlanta,
Georgia
| – | -$10K | -400 | Closed |
|
|
HI
62
Harbour Investments
Madison,
Wisconsin
| – | -$3K | -100 | Closed |
|
63
New York State Common Retirement Fund
Albany,
New York
| – | -$2K | -61 | Closed |
|
RGCO Hedge Fund Activity: Q3 2021 in Review
55 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in RGC Resources (RGCO) for Q3 2021, worth a combined $75.4M — down 12% from $86.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RGCO and 4 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 13 added.
The largest buyer was Russell Investments Group, adding an estimated $1.78M. The largest seller was Millennium Management, exiting entirely with an estimated $1.08M sold.
- 55 institutional investors held RGC Resources (RGCO) as of Q3 2021, down from 59 in Q2 2021.
- Funds reported $75.4M of RGC Resources stock for Q3 2021, down 12% quarter-over-quarter.
- 4 funds opened new RGC Resources positions in Q3 2021 and 8 closed out, a net change of -4 holders.
- The largest RGC Resources buyer in Q3 2021 was Russell Investments Group, an estimated $1.78M added.
- The largest RGC Resources seller in Q3 2021 was Millennium Management, an estimated $1.08M sold.
Based on aggregated 13F filings for Q3 2021.