RGC Resources
RGCO
59 hedge funds and large institutions have $70.7M invested in RGC Resources in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 5 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
0.7% more ownership
Funds ownership: 32.45% → 33.15% (+0.7%)
5% less funds holding
Funds holding: 62 → 59 (-3)
6% less capital invested
Capital invested by funds: $75.6M → $70.7M (-$4.83M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.02M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$959K |
| 3 |
Renaissance Technologies
New York
|
+$311K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$189K |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFG
Summit Financial Group
Moorefield,
West Virginia
|
-$469K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$227K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$212K |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$206K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$188K |
RGCO Hedge Fund Activity: Q3 2018 in Review
59 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in RGC Resources (RGCO) for Q3 2018, worth a combined $70.7M — down 6.4% from $75.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RGCO and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 23 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $1.02M. The largest seller was Summit Financial Group, cutting an estimated $469K.
- 59 institutional investors held RGC Resources (RGCO) as of Q3 2018, down from 62 in Q2 2018.
- Funds reported $70.7M of RGC Resources stock for Q3 2018, down 6.4% quarter-over-quarter.
- 3 funds opened new RGC Resources positions in Q3 2018 and 5 closed out, a net change of -2 holders.
- The largest RGC Resources buyer in Q3 2018 was T. Rowe Price Associates, an estimated $1.02M added.
- The largest RGC Resources seller in Q3 2018 was Summit Financial Group, an estimated $469K sold.
Based on aggregated 13F filings for Q3 2018.