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Resources Connection

131 hedge funds and large institutions have $478M invested in Resources Connection in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 55 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

692% more call options, than puts

Call options by funds: $665K | Put options by funds: $84K

300% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 5

13% more funds holding

Funds holding: 116131 (+15)

3% more capital invested

Capital invested by funds: $466M → $478M (+$12.3M)

24% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 55

Holders
131
Holders Change
+15
Holders Change %
+12.93%
% of All Funds
3.8%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
42
Reduced
55
Closed
5
Calls
$665K
Puts
$84K
Net Calls
+$581K
Net Calls Change
+$596K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$3.71M +$1.45M +98,788 +59%
PAM
27
Panagora Asset Management
Massachusetts
$3.29M +$40.1K +2,726 +1%
Principal Financial Group
28
Principal Financial Group
Iowa
$3.21M -$281K -19,065 -8%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$3.17M +$393K +26,700 +13%
Prudential Financial
30
Prudential Financial
New Jersey
$3.09M -$354K -24,077 -10%
TCIM
31
TIAA CREF Investment Management
New York
$2.83M +$215K +14,597 +8%
Charles Schwab
32
Charles Schwab
California
$2.44M -$33.6K -2,281 -1%
TBAM
33
True Bearing Asset Management
California
$2.42M +$548K +37,245 +27%
BIM
34
BlackRock Investment Management
Delaware
$2.11M +$31.2K +2,118 +1%
SFM
35
Systematic Financial Management
New Jersey
$2.04M +$11.6K +785 +0.5%
Comerica Bank
36
Comerica Bank
Texas
$2.02M +$25.7K +1,746 +1%
D.E. Shaw & Co
37
D.E. Shaw & Co
New York
$1.98M +$131K +8,895 +7%
GIP
38
Granite Investment Partners
California
$1.86M +$955K +64,868 +95%
SDIC
39
South Dakota Investment Council
South Dakota
$1.84M +$1.95M +132,286 New
Deutsche Bank
40
Deutsche Bank
Germany
$1.75M +$379K +25,741 +26%
First Trust Advisors
41
First Trust Advisors
Illinois
$1.49M +$126K +8,586 +9%
AllianceBernstein
42
AllianceBernstein
Tennessee
$1.41M
PP
43
PDT Partners
New York
$1.31M -$197K -13,403 -13%
Renaissance Technologies
44
Renaissance Technologies
New York
$1.29M +$1.36M +92,428 New
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$1.1M -$240K -16,300 -17%
FMT
46
First Mercantile Trust
Tennessee
$1.04M
Public Sector Pension Investment Board (PSP Investments)
47
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1M -$202K -13,700 -16%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$998K +$11.9K +806 +1%
ACA
49
Anchor Capital Advisors
Massachusetts
$960K +$30.9K +2,098 +3%
Two Sigma Advisers
50
Two Sigma Advisers
New York
$952K -$402K -27,300 -29%

RGP Hedge Fund Activity: Q3 2014 in Review

131 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q3 2014, worth a combined $478M — up 2.6% from $466M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new RGP positions and 5 closed out — a net gain of 15 holders — while 42 added to existing stakes and 55 trimmed.

The largest buyer was Hood River Capital Management, adding an estimated $7.51M. The largest seller was Wells Fargo, cutting an estimated $12.8M.

  • 131 institutional investors held Resources Connection (RGP) as of Q3 2014, up from 116 in Q2 2014.
  • Funds reported $478M of Resources Connection stock for Q3 2014, up 2.6% quarter-over-quarter.
  • 20 funds opened new Resources Connection positions in Q3 2014 and 5 closed out, a net change of +15 holders.
  • The largest Resources Connection buyer in Q3 2014 was Hood River Capital Management, an estimated $7.51M added.
  • The largest Resources Connection seller in Q3 2014 was Wells Fargo, an estimated $12.8M sold.

Based on aggregated 13F filings for Q3 2014.