Resources Connection
RGP
159 hedge funds and large institutions have $569M invested in Resources Connection in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 56 increasing their positions, 60 reducing their positions, and 17 closing their positions.
2,918% more call options, than puts
Call options by funds: $3.02M | Put options by funds: $100K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
24% more capital invested
Capital invested by funds: $459M → $569M (+$109M)
1.77% more ownership
Funds ownership: 82.41% → 84.17% (+1.8%)
7% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 60
5% less funds holding
Funds holding: 168 → 159 (-9)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$14.3M |
| 2 |
RA
Royce & Associates
New York
|
+$7.47M |
| 3 |
Morgan Stanley
New York
|
+$5.61M |
| 4 |
JP Morgan Chase
New York
|
+$2.33M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.86M |
| 2 |
SI
Sapience Investments
Newport Beach,
California
|
-$2.58M |
| 3 |
Renaissance Technologies
New York
|
-$2.5M |
| 4 |
Millennium Management
New York
|
-$1.76M |
| 5 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Group One Trading
Chicago,
Illinois
| – | -$1K | -32 | Closed |
|
RGP Hedge Fund Activity: Q2 2022 in Review
159 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q2 2022, worth a combined $569M — up 24% from $459M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of RGP and 12 opened new positions — a net loss of 5 holders — while 60 trimmed existing stakes and 56 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $14.3M. The largest seller was Assenagon Asset Management, cutting an estimated $2.86M.
- 159 institutional investors held Resources Connection (RGP) as of Q2 2022, down from 168 in Q1 2022.
- Funds reported $569M of Resources Connection stock for Q2 2022, up 24% quarter-over-quarter.
- 12 funds opened new Resources Connection positions in Q2 2022 and 17 closed out, a net change of -5 holders.
- The largest Resources Connection buyer in Q2 2022 was Thrivent Financial for Lutherans, an estimated $14.3M added.
- The largest Resources Connection seller in Q2 2022 was Assenagon Asset Management, an estimated $2.86M sold.
Based on aggregated 13F filings for Q2 2022.