Resources Connection
RGP
147 hedge funds and large institutions have $396M invested in Resources Connection in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 65 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
10% more capital invested
Capital invested by funds: $360M → $396M (+$36M)
4% more funds holding
Funds holding: 142 → 147 (+5)
0.79% less ownership
Funds ownership: 76.43% → 75.64% (-0.79%)
28% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 65
79% less call options, than puts
Call options by funds: $350K | Put options by funds: $1.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.8M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.68M |
| 4 |
RA
Royce & Associates
New York
|
+$1.82M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$10.6M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$5.58M |
| 3 |
BlackRock
New York
|
-$3.84M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$1.05M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$967K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
B
151
Bailard
Foster City,
California
| – | -$205K | -14,300 | Closed |
|
152
Capital Fund Management (CFM)
Paris,
France
| – | -$201K | -13,980 | Closed |
|
|
AIM
153
Aigen Investment Management
New York
| – | -$174K | -12,093 | Closed |
|
|
DTL
154
Dynamic Technology Lab
Singapore
| – | -$164K | -11,420 | Closed |
|
|
EVM
155
Eaton Vance Management
Boston,
Massachusetts
| – | -$123K | -8,144 | -77% |
|
RGP Hedge Fund Activity: Q3 2021 in Review
147 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q3 2021, worth a combined $396M — up 10% from $360M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RGP positions and 9 closed out — a net gain of 6 holders — while 47 added to existing stakes and 65 trimmed.
The largest buyer was Hillsdale Investment Management, opening a new position worth an estimated $4.8M. The largest seller was Invesco, cutting an estimated $10.6M.
- 147 institutional investors held Resources Connection (RGP) as of Q3 2021, up from 142 in Q2 2021.
- Funds reported $396M of Resources Connection stock for Q3 2021, up 10% quarter-over-quarter.
- 15 funds opened new Resources Connection positions in Q3 2021 and 9 closed out, a net change of +6 holders.
- The largest Resources Connection buyer in Q3 2021 was Hillsdale Investment Management, an estimated $4.8M added.
- The largest Resources Connection seller in Q3 2021 was Invesco, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2021.