Resources Connection
RGP
130 hedge funds and large institutions have $431M invested in Resources Connection in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 52 increasing their positions, 35 reducing their positions, and 17 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 35
5% more capital invested
Capital invested by funds: $413M → $431M (+$18.6M)
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
0.23% less ownership
Funds ownership: 81.19% → 80.96% (-0.23%)
2% less funds holding
Funds holding: 132 → 130 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$4.96M |
| 2 |
Millennium Management
New York
|
+$4.39M |
| 3 |
BlackRock
New York
|
+$3.92M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$3.39M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$9.44M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$4.17M |
| 3 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$3.77M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$3.71M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$3.53M |
RGP Hedge Fund Activity: Q2 2018 in Review
130 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q2 2018, worth a combined $431M — up 4.5% from $413M a quarter earlier.
Fund positioning in RGP was balanced in Q2 2018: 17 funds opened new positions, 17 closed out, 52 added to existing stakes and 35 trimmed.
The largest buyer was State Street, adding an estimated $4.96M. The largest seller was Royce & Associates, cutting an estimated $9.44M.
- 130 institutional investors held Resources Connection (RGP) as of Q2 2018, down from 132 in Q1 2018.
- Funds reported $431M of Resources Connection stock for Q2 2018, up 4.5% quarter-over-quarter.
- 17 funds opened new Resources Connection positions in Q2 2018 and 17 closed out, a net change of 0 holders.
- The largest Resources Connection buyer in Q2 2018 was State Street, an estimated $4.96M added.
- The largest Resources Connection seller in Q2 2018 was Royce & Associates, an estimated $9.44M sold.
Based on aggregated 13F filings for Q2 2018.