RGC Resources
RGCO
63 hedge funds and large institutions have $79.1M invested in RGC Resources in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
15% more funds holding
Funds holding: 55 → 63 (+8)
8% more capital invested
Capital invested by funds: $73.2M → $79.1M (+$5.84M)
0.53% less ownership
Funds ownership: 34.97% → 34.44% (-0.53%)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Scoggin Management
New York
|
+$1.42M |
| 2 |
Millennium Management
New York
|
+$1.12M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$727K |
| 4 |
Goldman Sachs
New York
|
+$560K |
| 5 |
HF
HRT Financial
New York
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$2.77M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.08M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1M |
| 4 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
-$414K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$283K |
RGCO Hedge Fund Activity: Q1 2023 in Review
63 institutional investors reported a position in RGC Resources (RGCO) for Q1 2023, worth a combined $79.1M — up 8% from $73.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RGCO positions and 1 closed out — a net gain of 8 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Scoggin Management, opening a new position worth an estimated $1.42M. The largest seller was Russell Investments Group, cutting an estimated $2.77M.
- 63 institutional investors held RGC Resources (RGCO) as of Q1 2023, up from 55 in Q4 2022.
- Funds reported $79.1M of RGC Resources stock for Q1 2023, up 8% quarter-over-quarter.
- 9 funds opened new RGC Resources positions in Q1 2023 and 1 closed out, a net change of +8 holders.
- The largest RGC Resources buyer in Q1 2023 was Scoggin Management, an estimated $1.42M added.
- The largest RGC Resources seller in Q1 2023 was Russell Investments Group, an estimated $2.77M sold.
Based on aggregated 13F filings for Q1 2023.