Resources Connection
RGP
133 hedge funds and large institutions have $296M invested in Resources Connection in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 14 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
0% more funds holding
Funds holding: 133 → 133 (0)
0.66% less ownership
Funds ownership: 84.55% → 83.89% (-0.66%)
33% less capital invested
Capital invested by funds: $442M → $296M (-$146M)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $456K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$2.94M |
| 2 |
State Street
Boston,
Massachusetts
|
+$2.74M |
| 3 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
+$2.08M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.3M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$5.26M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$4.01M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.88M |
| 4 |
Morgan Stanley
New York
|
-$1.32M |
| 5 |
BlackRock
New York
|
-$1.05M |
RGP Hedge Fund Activity: Q1 2020 in Review
133 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q1 2020, worth a combined $296M — down 33% from $442M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RGP positions and 14 closed out — a net gain of 2 holders — while 52 added to existing stakes and 45 trimmed.
The largest buyer was Royce & Associates, adding an estimated $2.94M. The largest seller was Invesco, cutting an estimated $5.26M.
- 133 institutional investors held Resources Connection (RGP) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $296M of Resources Connection stock for Q1 2020, down 33% quarter-over-quarter.
- 16 funds opened new Resources Connection positions in Q1 2020 and 14 closed out, a net change of +2 holders.
- The largest Resources Connection buyer in Q1 2020 was Royce & Associates, an estimated $2.94M added.
- The largest Resources Connection seller in Q1 2020 was Invesco, an estimated $5.26M sold.
Based on aggregated 13F filings for Q1 2020.