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Resources Connection

148 hedge funds and large institutions have $495M invested in Resources Connection in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 58 increasing their positions, 52 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 52

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

0% more funds holding

Funds holding: 148148 (0)

7% less capital invested

Capital invested by funds: $532M → $495M (-$37M)

82% less call options, than puts

Call options by funds: $86K | Put options by funds: $484K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
148
Holders Change
Holders Change %
0%
% of All Funds
3.94%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
58
Reduced
52
Closed
14
Calls
$86K
Puts
$484K
Net Calls
-$398K
Net Calls Change
+$194K
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$3.73M +$336K +23,138 +11%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$3.65M +$484K +33,268 +17%
SAMC
28
Shinko Asset Management Company
Japan
$3.53M
TCIM
29
TIAA CREF Investment Management
New York
$3.48M +$738K +50,767 +29%
Fisher Asset Management
30
Fisher Asset Management
Washington
$3.25M
California Public Employees Retirement System
31
California Public Employees Retirement System
California
$3.11M +$157K +10,800 +6%
PPA
32
Parametric Portfolio Associates
Washington
$2.92M +$499K +34,321 +22%
Ameriprise
33
Ameriprise
Minnesota
$2.71M -$1.17M -80,230 -32%
Prudential Financial
34
Prudential Financial
New Jersey
$2.62M -$1.11M -76,100 -31%
Arrowstreet Capital
35
Arrowstreet Capital
Massachusetts
$2.54M -$17.7K -1,221 -0.7%
BIM
36
BlackRock Investment Management
Delaware
$2.52M +$7.41K +510 +0.3%
KAM
37
Keeley Asset Management
Illinois
$2.2M -$13.8K -950 -0.7%
Thrivent Financial for Lutherans
38
Thrivent Financial for Lutherans
Minnesota
$2.14M +$675K +46,400 +51%
CAM
39
ClariVest Asset Management
California
$1.92M -$765K -52,645 -30%
D.E. Shaw & Co
40
D.E. Shaw & Co
New York
$1.71M +$166K +11,398 +12%
CIP
41
Convergence Investment Partners
Florida
$1.49M +$377K +25,960 +37%
State Board of Administration of Florida Retirement System
42
State Board of Administration of Florida Retirement System
Florida
$1.47M
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$1.46M +$514K +35,365 +60%
BIP
44
Brandes Investment Partners
California
$1.45M +$350K +24,106 +35%
Morgan Stanley
45
Morgan Stanley
New York
$1.45M -$966K -66,459 -42%
SFM
46
Systematic Financial Management
New Jersey
$1.4M +$4.07K +280 +0.3%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$1.24M +$144K +9,903 +14%
NFA
48
Nationwide Fund Advisors
Ohio
$1.23M -$13.7K -943 -1%
AllianceBernstein
49
AllianceBernstein
Tennessee
$1.19M
Nordea Investment Management
50
Nordea Investment Management
Sweden
$1.16M -$770K -53,000 -42%

RGP Hedge Fund Activity: Q1 2016 in Review

148 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q1 2016, worth a combined $495M — down 7% from $532M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new RGP positions and 14 closed out — a net gain of 1 holder — while 58 added to existing stakes and 52 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $4.75M. The largest seller was Hood River Capital Management, cutting an estimated $5.85M.

  • 148 institutional investors held Resources Connection (RGP) as of Q1 2016, unchanged from Q4 2015.
  • Funds reported $495M of Resources Connection stock for Q1 2016, down 7% quarter-over-quarter.
  • 15 funds opened new Resources Connection positions in Q1 2016 and 14 closed out, a net change of +1 holder.
  • The largest Resources Connection buyer in Q1 2016 was Fidelity Investments, an estimated $4.75M added.
  • The largest Resources Connection seller in Q1 2016 was Hood River Capital Management, an estimated $5.85M sold.

Based on aggregated 13F filings for Q1 2016.