Resources Connection
RGP
110 hedge funds and large institutions have $490M invested in Resources Connection in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 42 increasing their positions, 46 reducing their positions, and 9 closing their positions.
232% more call options, than puts
Call options by funds: $432K | Put options by funds: $130K
20% more capital invested
Capital invested by funds: $410M → $490M (+$80.4M)
9% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 46
3% less funds holding
Funds holding: 113 → 110 (-3)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.53M |
| 2 |
JP Morgan Chase
New York
|
+$3.05M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.3M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$2.08M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.81M |
Top Sellers
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.38M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.77M |
| 3 |
Morgan Stanley
New York
|
-$1.23M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.16M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$886K |
RGP Hedge Fund Activity: Q3 2013 in Review
110 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q3 2013, worth a combined $490M — up 20% from $410M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RGP and 7 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 42 added.
The largest buyer was Wells Fargo, adding an estimated $6.53M. The largest seller was AQR Capital Management, cutting an estimated $3.38M.
- 110 institutional investors held Resources Connection (RGP) as of Q3 2013, down from 113 in Q2 2013.
- Funds reported $490M of Resources Connection stock for Q3 2013, up 20% quarter-over-quarter.
- 7 funds opened new Resources Connection positions in Q3 2013 and 9 closed out, a net change of -2 holders.
- The largest Resources Connection buyer in Q3 2013 was Wells Fargo, an estimated $6.53M added.
- The largest Resources Connection seller in Q3 2013 was AQR Capital Management, an estimated $3.38M sold.
Based on aggregated 13F filings for Q3 2013.