Resources Connection
RGP
132 hedge funds and large institutions have $413M invested in Resources Connection in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 46 increasing their positions, 40 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
15% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 40
8% more funds holding
Funds holding: 122 → 132 (+10)
6% more capital invested
Capital invested by funds: $391M → $413M (+$21.7M)
2.81% less ownership
Funds ownership: 84% → 81.19% (-2.8%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $269K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.09M |
| 2 |
IA
IndexIQ Advisors
New York
|
+$2M |
| 3 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$1.67M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.2M |
| 5 |
AG
Algert Global
San Francisco,
California
|
+$985K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$4.7M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$2.47M |
| 3 |
RA
Royce & Associates
New York
|
-$1.58M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$1.17M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CHC
126
City Holding Co
Charleston,
West Virginia
| $3K | +$3.2K | +200 | New |
|
127
Envestnet Asset Management
Chicago,
Illinois
| $1K | – | – | – |
|
|
PA
128
Parallel Advisors
San Francisco,
California
| $1K | +$16 | +1 | +2% |
|
|
FGAM
129
Financial Gravity Asset Management
Lakeway,
Texas
| $1K | +$544 | +34 | New |
|
|
FGC
130
Financial Gravity Companies
Lakeway,
Texas
| $1K | +$544 | +34 | New |
|
131
Citadel Advisors
Miami,
Florida
| – | -$364K | -23,542 | Closed |
|
132
Parallax Volatility Advisers
San Francisco,
California
| – | -$67K | -4,368 | Closed |
|
|
DCM
133
Delpha Capital Management
New York
| – | -$10K | -620 | Closed |
|
|
CG
134
Cutler Group
San Francisco,
California
| – | -$6K | -416 | Closed |
|
|
MAM
135
Meeder Asset Management
Dublin,
Ohio
| – | -$5K | -338 | Closed |
|
RGP Hedge Fund Activity: Q1 2018 in Review
132 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q1 2018, worth a combined $413M — up 5.5% from $391M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RGP positions and 6 closed out — a net gain of 11 holders — while 46 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock, adding an estimated $3.09M. The largest seller was State Street, cutting an estimated $4.7M.
- 132 institutional investors held Resources Connection (RGP) as of Q1 2018, up from 122 in Q4 2017.
- Funds reported $413M of Resources Connection stock for Q1 2018, up 5.5% quarter-over-quarter.
- 17 funds opened new Resources Connection positions in Q1 2018 and 6 closed out, a net change of +11 holders.
- The largest Resources Connection buyer in Q1 2018 was BlackRock, an estimated $3.09M added.
- The largest Resources Connection seller in Q1 2018 was State Street, an estimated $4.7M sold.
Based on aggregated 13F filings for Q1 2018.