Resources Connection
RGP
133 hedge funds and large institutions have $442M invested in Resources Connection in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 55 increasing their positions, 46 reducing their positions, and 21 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 46
2.54% more ownership
Funds ownership: 82.02% → 84.55% (+2.5%)
1% less capital invested
Capital invested by funds: $445M → $442M (-$3.39M)
10% less funds holding
Funds holding: 147 → 133 (-14)
67% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 21
99% less call options, than puts
Call options by funds: $8K | Put options by funds: $622K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$9.5M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.64M |
| 3 |
BlackRock
New York
|
+$2.79M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.68M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.17M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.41M |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$1.84M |
| 4 |
Two Sigma Investments
New York
|
-$1.76M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -99 | Closed |
|
|
PFBT
152
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -73 | Closed |
|
|
AIC
153
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$1K | -58 | Closed |
|
RGP Hedge Fund Activity: Q4 2019 in Review
133 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q4 2019, worth a combined $442M — down 0.76% from $445M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of RGP and 7 opened new positions — a net loss of 14 holders — while 46 trimmed existing stakes and 55 added.
The largest buyer was Royce & Associates, adding an estimated $9.5M. The largest seller was Arrowstreet Capital, cutting an estimated $3.17M.
- 133 institutional investors held Resources Connection (RGP) as of Q4 2019, down from 147 in Q3 2019.
- Funds reported $442M of Resources Connection stock for Q4 2019, down 0.76% quarter-over-quarter.
- 7 funds opened new Resources Connection positions in Q4 2019 and 21 closed out, a net change of -14 holders.
- The largest Resources Connection buyer in Q4 2019 was Royce & Associates, an estimated $9.5M added.
- The largest Resources Connection seller in Q4 2019 was Arrowstreet Capital, an estimated $3.17M sold.
Based on aggregated 13F filings for Q4 2019.