Resources Connection
RGP
127 hedge funds and large institutions have $551M invested in Resources Connection in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 51 reducing their positions, and 16 closing their positions.
714% more call options, than puts
Call options by funds: $798K | Put options by funds: $98K
15% more capital invested
Capital invested by funds: $478M → $551M (+$72.2M)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
3% less funds holding
Funds holding: 131 → 127 (-4)
24% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$4.27M |
| 2 |
QI
QS Investors
New York
|
+$4.04M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.45M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.56M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$10.5M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.79M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.59M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.04M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2M |
RGP Hedge Fund Activity: Q4 2014 in Review
127 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q4 2014, worth a combined $551M — up 15% from $478M a quarter earlier.
Fund positioning in RGP was balanced in Q4 2014: 16 funds opened new positions, 16 closed out, 39 added to existing stakes and 51 trimmed.
The largest buyer was Royce & Associates, adding an estimated $4.27M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $10.5M sold.
- 127 institutional investors held Resources Connection (RGP) as of Q4 2014, down from 131 in Q3 2014.
- Funds reported $551M of Resources Connection stock for Q4 2014, up 15% quarter-over-quarter.
- 16 funds opened new Resources Connection positions in Q4 2014 and 16 closed out, a net change of 0 holders.
- The largest Resources Connection buyer in Q4 2014 was Royce & Associates, an estimated $4.27M added.
- The largest Resources Connection seller in Q4 2014 was Epoch Investment Partners, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2014.