Resources Connection
RGP
144 hedge funds and large institutions have $431M invested in Resources Connection in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 15 closing their positions.
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
18% more capital invested
Capital invested by funds: $365M → $431M (+$66.3M)
13% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 48
3% more funds holding
Funds holding: 140 → 144 (+4)
0.68% more ownership
Funds ownership: 81.55% → 82.22% (+0.68%)
98% less call options, than puts
Call options by funds: $6K | Put options by funds: $255K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$7.01M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.89M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.3M |
| 4 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
+$2.96M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$9.52M |
| 2 |
RA
Royce & Associates
New York
|
-$8.13M |
| 3 |
Millennium Management
New York
|
-$3.3M |
| 4 |
Morgan Stanley
New York
|
-$1.39M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
151
PEAK6 Investments
Chicago,
Illinois
| – | -$84K | -5,926 | Closed |
|
152
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$18K | -1,233 | Closed |
|
|
FIA
153
FNY Investment Advisers
New York
| – | -$10K | -712 | Closed |
|
|
MNBTD
154
Moody National Bank Trust Division
Galveston,
Texas
| – | -$5K | -325 | Closed |
|
155
Simplex Trading
Chicago,
Illinois
| – | -$2.37K | -142 | Closed |
|
|
JA
156
JOYN Advisors
Atlanta,
Georgia
| – | -$1K | -55 | Closed |
|
|
CAM
157
Cresset Asset Management
Chicago,
Illinois
| – | +$100 | +6 | New |
|
|
SIS
158
Sound Income Strategies
Ft Lauderdale,
Florida
| – | +$334 | +20 | New |
|
RGP Hedge Fund Activity: Q1 2019 in Review
144 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q1 2019, worth a combined $431M — up 18% from $365M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new RGP positions and 15 closed out — a net gain of 6 holders — while 54 added to existing stakes and 48 trimmed.
The largest buyer was Grandeur Peak Global Advisors, adding an estimated $7.01M. The largest seller was Invesco, cutting an estimated $9.52M.
- 144 institutional investors held Resources Connection (RGP) as of Q1 2019, up from 140 in Q4 2018.
- Funds reported $431M of Resources Connection stock for Q1 2019, up 18% quarter-over-quarter.
- 21 funds opened new Resources Connection positions in Q1 2019 and 15 closed out, a net change of +6 holders.
- The largest Resources Connection buyer in Q1 2019 was Grandeur Peak Global Advisors, an estimated $7.01M added.
- The largest Resources Connection seller in Q1 2019 was Invesco, an estimated $9.52M sold.
Based on aggregated 13F filings for Q1 2019.