Resources Connection
RGP
108 hedge funds and large institutions have $499M invested in Resources Connection in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 53 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 108 → 108 (0)
2% less capital invested
Capital invested by funds: $510M → $499M (-$10.7M)
32% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.07M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.88M |
| 3 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$2.41M |
| 4 |
RA
Royce & Associates
New York
|
+$1.98M |
| 5 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$879K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.17M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.16M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.92M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$1.71M |
| 5 |
Bank of New York Mellon
New York
|
-$1.48M |
RGP Hedge Fund Activity: Q1 2014 in Review
108 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q1 2014, worth a combined $499M — down 2.1% from $510M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RGP positions and 7 closed out — a net gain of 1 holder — while 36 added to existing stakes and 53 trimmed.
The largest buyer was Wells Fargo, adding an estimated $4.07M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $2.17M.
- 108 institutional investors held Resources Connection (RGP) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $499M of Resources Connection stock for Q1 2014, down 2.1% quarter-over-quarter.
- 8 funds opened new Resources Connection positions in Q1 2014 and 7 closed out, a net change of +1 holder.
- The largest Resources Connection buyer in Q1 2014 was Wells Fargo, an estimated $4.07M added.
- The largest Resources Connection seller in Q1 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2014.