Resources Connection
RGP
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.
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: 148 → 148 (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: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.75M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.28M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.83M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$5.85M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$5.06M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$3.14M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.61M |
| 5 |
Millennium Management
New York
|
-$1.68M |
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.