Resources Connection
RGP
139 hedge funds and large institutions have $322M invested in Resources Connection in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 55 increasing their positions, 34 reducing their positions, and 14 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 34
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
9% more capital invested
Capital invested by funds: $296M → $322M (+$25.9M)
5% more funds holding
Funds holding: 133 → 139 (+6)
0.27% less ownership
Funds ownership: 83.89% → 83.63% (-0.27%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $471K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$10.2M |
| 2 |
ETM
Euclidean Technologies Management
Seattle,
Washington
|
+$1.31M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.14M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$938K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$935K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$8.17M |
| 2 |
SI
Sapience Investments
Newport Beach,
California
|
-$4.51M |
| 3 |
CEI
Clark Estates Inc
New York
|
-$1.96M |
| 4 |
Goldman Sachs
New York
|
-$1.5M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.49M |
RGP Hedge Fund Activity: Q2 2020 in Review
139 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q2 2020, worth a combined $322M — up 8.8% from $296M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new RGP positions and 14 closed out — a net gain of 6 holders — while 55 added to existing stakes and 34 trimmed.
The largest buyer was Invesco, adding an estimated $10.2M. The largest seller was River Road Asset Management, exiting entirely with an estimated $8.17M sold.
- 139 institutional investors held Resources Connection (RGP) as of Q2 2020, up from 133 in Q1 2020.
- Funds reported $322M of Resources Connection stock for Q2 2020, up 8.8% quarter-over-quarter.
- 20 funds opened new Resources Connection positions in Q2 2020 and 14 closed out, a net change of +6 holders.
- The largest Resources Connection buyer in Q2 2020 was Invesco, an estimated $10.2M added.
- The largest Resources Connection seller in Q2 2020 was River Road Asset Management, an estimated $8.17M sold.
Based on aggregated 13F filings for Q2 2020.