Resources Connection
RGP
118 hedge funds and large institutions have $428M invested in Resources Connection in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 43 increasing their positions, 43 reducing their positions, and 13 closing their positions.
14.21% more ownership
Funds ownership: 71.79% → 86% (+14%)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
0% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 43
5% less funds holding
Funds holding: 124 → 118 (-6)
14% less capital invested
Capital invested by funds: $498M → $428M (-$70.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$62.8M |
| 2 |
SI
Sapience Investments
Newport Beach,
California
|
+$3.65M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$3.09M |
| 4 |
Morgan Stanley
New York
|
+$1.41M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$5.24M |
| 2 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$2.59M |
| 3 |
Renaissance Technologies
New York
|
-$1.97M |
| 4 |
CIA
Capital Impact Advisors
Boston,
Massachusetts
|
-$1.26M |
| 5 |
DCM
Dean Capital Management
Overland Park,
Kansas
|
-$1.22M |
RGP Hedge Fund Activity: Q1 2017 in Review
118 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q1 2017, worth a combined $428M — down 14% from $498M a quarter earlier.
Fund positioning in RGP was balanced in Q1 2017: 13 funds opened new positions, 13 closed out, 43 added to existing stakes and 43 trimmed.
The largest buyer was BlackRock, adding an estimated $62.8M. The largest seller was Royce & Associates, cutting an estimated $5.24M.
- 118 institutional investors held Resources Connection (RGP) as of Q1 2017, down from 124 in Q4 2016.
- Funds reported $428M of Resources Connection stock for Q1 2017, down 14% quarter-over-quarter.
- 13 funds opened new Resources Connection positions in Q1 2017 and 13 closed out, a net change of 0 holders.
- The largest Resources Connection buyer in Q1 2017 was BlackRock, an estimated $62.8M added.
- The largest Resources Connection seller in Q1 2017 was Royce & Associates, an estimated $5.24M sold.
Based on aggregated 13F filings for Q1 2017.