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Resources Connection

139 hedge funds and large institutions have $494M invested in Resources Connection in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 58 increasing their positions, 51 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 51

4% less capital invested

Capital invested by funds: $517M → $494M (-$22.4M)

1% less funds holding

Funds holding: 141139 (-2)

13% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 15

Holders
139
Holders Change
-2
Holders Change %
-1.42%
% of All Funds
3.88%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
58
Reduced
51
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$3.56M +$116K +7,327 +3%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$3.02M +$252K +15,875 +9%
Prudential Financial
28
Prudential Financial
New Jersey
$3M -$2.23M -140,400 -41%
Charles Schwab
29
Charles Schwab
California
$2.99M +$63.1K +3,983 +2%
California Public Employees Retirement System
30
California Public Employees Retirement System
California
$2.89M -$26.9K -1,700 -0.9%
Fisher Asset Management
31
Fisher Asset Management
Washington
$2.88M +$3.03M +191,093 New
SAMC
32
Shinko Asset Management Company
Japan
$2.88M +$3.03M +191,093 New
Morgan Stanley
33
Morgan Stanley
New York
$2.85M +$2.2M +139,036 +277%
AQR Capital Management
34
AQR Capital Management
Connecticut
$2.71M -$12.1K -763 -0.4%
CAM
35
ClariVest Asset Management
California
$2.55M -$80.8K -5,100 -3%
TCIM
36
TIAA CREF Investment Management
New York
$2.52M -$87.9K -5,542 -3%
Barrow, Hanley, Mewhinney & Strauss
37
Barrow, Hanley, Mewhinney & Strauss
Texas
$2.47M
BIM
38
BlackRock Investment Management
Delaware
$2.42M +$3.14K +198 +0.1%
KAM
39
Keeley Asset Management
Illinois
$2.41M +$838K +52,880 +50%
PPA
40
Parametric Portfolio Associates
Washington
$2.04M +$327K +20,624 +18%
Nordea Investment Management
41
Nordea Investment Management
Sweden
$1.93M +$122K +7,700 +6%
Barclays
42
Barclays
United Kingdom
$1.87M +$1.96M +123,809 +17,244%
Arrowstreet Capital
43
Arrowstreet Capital
Massachusetts
$1.86M +$717K +45,214 +58%
SFM
44
Systematic Financial Management
New Jersey
$1.85M -$444K -27,990 -19%
NFA
45
Nationwide Fund Advisors
Ohio
$1.62M -$19.7K -1,245 -1%
Deutsche Bank
46
Deutsche Bank
Germany
$1.52M +$268K +16,919 +20%
First Trust Advisors
47
First Trust Advisors
Illinois
$1.5M +$646K +40,759 +69%
State Board of Administration of Florida Retirement System
48
State Board of Administration of Florida Retirement System
Florida
$1.42M
D.E. Shaw & Co
49
D.E. Shaw & Co
New York
$1.41M +$530K +33,457 +55%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$1.38M -$1.3M -82,212 -47%

RGP Hedge Fund Activity: Q3 2015 in Review

139 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q3 2015, worth a combined $494M — down 4.3% from $517M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of RGP and 13 opened new positions — a net loss of 2 holders — while 51 trimmed existing stakes and 58 added.

The largest buyer was Fidelity Investments, adding an estimated $17.2M. The largest seller was Teachers Advisors, cutting an estimated $5.8M.

  • 139 institutional investors held Resources Connection (RGP) as of Q3 2015, down from 141 in Q2 2015.
  • Funds reported $494M of Resources Connection stock for Q3 2015, down 4.3% quarter-over-quarter.
  • 13 funds opened new Resources Connection positions in Q3 2015 and 15 closed out, a net change of -2 holders.
  • The largest Resources Connection buyer in Q3 2015 was Fidelity Investments, an estimated $17.2M added.
  • The largest Resources Connection seller in Q3 2015 was Teachers Advisors, an estimated $5.8M sold.

Based on aggregated 13F filings for Q3 2015.