Resources Connection
RGP
139 hedge funds and large institutions have $494M invested in Resources Connection in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 58 increasing their positions, 51 reducing their positions, and 15 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 51
4% less capital invested
Capital invested by funds: $517M → $494M (-$22.4M)
1% less funds holding
Funds holding: 141 → 139 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.2M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$4.98M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$3.03M |
| 4 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$3.03M |
| 5 |
Morgan Stanley
New York
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$5.8M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.87M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$2.44M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$2.23M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Acadian Asset Management
Boston,
Massachusetts
| – | -$226K | -14,029 | Closed |
|
|
FSA
152
Franklin Street Advisors
Chapel Hill,
North Carolina
| – | -$194K | -12,050 | Closed |
|
|
BAM
153
Bruderman Asset Management
Locust Valley,
New York
| – | -$14K | -860 | Closed |
|
|
AGM
154
Alpine Global Management
New York
| – | -$2K | -143 | Closed |
|
RGP Hedge Fund Activity: Q3 2015 in Review
139 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q3 2015, worth a combined $494M — down 4.3% from $517M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of RGP and 13 opened new positions — a net loss of 2 holders — while 51 trimmed existing stakes and 58 added.
The largest buyer was Fidelity Investments, adding an estimated $17.2M. The largest seller was Teachers Advisors, cutting an estimated $5.8M.
- 139 institutional investors held Resources Connection (RGP) as of Q3 2015, down from 141 in Q2 2015.
- Funds reported $494M of Resources Connection stock for Q3 2015, down 4.3% quarter-over-quarter.
- 13 funds opened new Resources Connection positions in Q3 2015 and 15 closed out, a net change of -2 holders.
- The largest Resources Connection buyer in Q3 2015 was Fidelity Investments, an estimated $17.2M added.
- The largest Resources Connection seller in Q3 2015 was Teachers Advisors, an estimated $5.8M sold.
Based on aggregated 13F filings for Q3 2015.