Resources Connection
RGP
134 hedge funds and large institutions have $417M invested in Resources Connection in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 18 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 49
0.97% less ownership
Funds ownership: 82.22% → 81.25% (-0.97%)
3% less capital invested
Capital invested by funds: $431M → $417M (-$15M)
7% less funds holding
Funds holding: 144 → 134 (-10)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $328K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$10.4M |
| 2 |
CEI
Clark Estates Inc
New York
|
+$2.84M |
| 3 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$2.8M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.45M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
-$2.93M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.79M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.57M |
| 4 |
SI
Sapience Investments
Newport Beach,
California
|
-$1.96M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.94M |
RGP Hedge Fund Activity: Q2 2019 in Review
134 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q2 2019, worth a combined $417M — down 3.5% from $431M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of RGP and 11 opened new positions — a net loss of 7 holders — while 49 trimmed existing stakes and 56 added.
The largest buyer was Royce & Associates, adding an estimated $10.4M. The largest seller was Horrell Capital Management, exiting entirely with an estimated $2.93M sold.
- 134 institutional investors held Resources Connection (RGP) as of Q2 2019, down from 144 in Q1 2019.
- Funds reported $417M of Resources Connection stock for Q2 2019, down 3.5% quarter-over-quarter.
- 11 funds opened new Resources Connection positions in Q2 2019 and 18 closed out, a net change of -7 holders.
- The largest Resources Connection buyer in Q2 2019 was Royce & Associates, an estimated $10.4M added.
- The largest Resources Connection seller in Q2 2019 was Horrell Capital Management, an estimated $2.93M sold.
Based on aggregated 13F filings for Q2 2019.