Resources Connection
RGP
177 hedge funds and large institutions have $325M invested in Resources Connection in 2024 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 71 increasing their positions, 46 reducing their positions, and 45 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 46
0% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 45
1% less funds holding
Funds holding: 178 → 177 (-1)
4.72% less ownership
Funds ownership: 91.66% → 86.95% (-4.7%)
20% less capital invested
Capital invested by funds: $404M → $325M (-$79.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
94% less call options, than puts
Call options by funds: $20K | Put options by funds: $352K
Top Buyers
Top Sellers
| 1 |
BlackRock
New York
|
-$23.8M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$18.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$6.02M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.09M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$4.38M |
RGP Hedge Fund Activity: Q2 2024 in Review
177 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q2 2024, worth a combined $325M — down 20% from $404M a quarter earlier.
Fund positioning in RGP was balanced in Q2 2024: 45 funds opened new positions, 45 closed out, 71 added to existing stakes and 46 trimmed.
The largest buyer was UBS Group, adding an estimated $5.86M. The largest seller was BlackRock, cutting an estimated $23.8M.
- 177 institutional investors held Resources Connection (RGP) as of Q2 2024, down from 178 in Q1 2024.
- Funds reported $325M of Resources Connection stock for Q2 2024, down 20% quarter-over-quarter.
- 45 funds opened new Resources Connection positions in Q2 2024 and 45 closed out, a net change of 0 holders.
- The largest Resources Connection buyer in Q2 2024 was UBS Group, an estimated $5.86M added.
- The largest Resources Connection seller in Q2 2024 was BlackRock, an estimated $23.8M sold.
Based on aggregated 13F filings for Q2 2024.