RGC Resources
RGCO
67 hedge funds and large institutions have $72.5M invested in RGC Resources in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 11 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
6% more funds holding
Funds holding: 63 → 67 (+4)
2.01% more ownership
Funds ownership: 34.44% → 36.45% (+2%)
8% less capital invested
Capital invested by funds: $79.1M → $72.5M (-$6.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.74M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.75M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.48M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.31M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$7.81M |
| 2 |
SM
Scoggin Management
New York
|
-$1.4M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.32M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$617K |
| 5 |
Goldman Sachs
New York
|
-$550K |
RGCO Hedge Fund Activity: Q2 2023 in Review
67 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in RGC Resources (RGCO) for Q2 2023, worth a combined $72.5M — down 8.3% from $79.1M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RGCO positions and 11 closed out — a net gain of 4 holders — while 26 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, adding an estimated $6.74M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $7.81M.
- 67 institutional investors held RGC Resources (RGCO) as of Q2 2023, up from 63 in Q1 2023.
- Funds reported $72.5M of RGC Resources stock for Q2 2023, down 8.3% quarter-over-quarter.
- 15 funds opened new RGC Resources positions in Q2 2023 and 11 closed out, a net change of +4 holders.
- The largest RGC Resources buyer in Q2 2023 was BlackRock, an estimated $6.74M added.
- The largest RGC Resources seller in Q2 2023 was T. Rowe Price Investment Management, an estimated $7.81M sold.
Based on aggregated 13F filings for Q2 2023.