Resources Connection
RGP
140 hedge funds and large institutions have $365M invested in Resources Connection in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
6% more funds holding
Funds holding: 132 → 140 (+8)
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
0.18% more ownership
Funds ownership: 81.37% → 81.55% (+0.18%)
14% less capital invested
Capital invested by funds: $425M → $365M (-$60.2M)
98% less call options, than puts
Call options by funds: $5K | Put options by funds: $327K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.31M |
| 2 |
Renaissance Technologies
New York
|
+$2.24M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.62M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.56M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$4.95M |
| 2 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$3.06M |
| 3 |
Morgan Stanley
New York
|
-$2.97M |
| 4 |
RA
Royce & Associates
New York
|
-$1.25M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.03M |
RGP Hedge Fund Activity: Q4 2018 in Review
140 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q4 2018, worth a combined $365M — down 14% from $425M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new RGP positions and 12 closed out — a net gain of 8 holders — while 51 added to existing stakes and 48 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $2.31M. The largest seller was Brandes Investment Partners, cutting an estimated $4.95M.
- 140 institutional investors held Resources Connection (RGP) as of Q4 2018, up from 132 in Q3 2018.
- Funds reported $365M of Resources Connection stock for Q4 2018, down 14% quarter-over-quarter.
- 20 funds opened new Resources Connection positions in Q4 2018 and 12 closed out, a net change of +8 holders.
- The largest Resources Connection buyer in Q4 2018 was Assenagon Asset Management, an estimated $2.31M added.
- The largest Resources Connection seller in Q4 2018 was Brandes Investment Partners, an estimated $4.95M sold.
Based on aggregated 13F filings for Q4 2018.