Resources Connection
RGP
162 hedge funds and large institutions have $424M invested in Resources Connection in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 65 increasing their positions, 55 reducing their positions, and 21 closing their positions.
179% more call options, than puts
Call options by funds: $131K | Put options by funds: $47K
18% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 55
0.46% more ownership
Funds ownership: 83.84% → 84.3% (+0.46%)
4% less capital invested
Capital invested by funds: $443M → $424M (-$19.2M)
7% less funds holding
Funds holding: 174 → 162 (-12)
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.38M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.64M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$3.11M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.54M |
| 5 |
RA
Royce & Associates
New York
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.05M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$2.95M |
| 3 |
BlackRock
New York
|
-$2.14M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.63M |
| 5 |
LCM
Legato Capital Management
San Francisco,
California
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$169K | -10,766 | Closed |
|
|
YIH
177
Y-Intercept (HK)
Hong Kong
| – | -$165K | -10,520 | Closed |
|
|
PMEF
178
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$118K | -7,506 | Closed |
|
|
GCM
179
Gladius Capital Management
Chicago,
Illinois
| – | -$83.9K | -5,342 | Closed |
|
180
Point72 Asset Management
Stamford,
Connecticut
| – | -$1.62K | -103 | Closed |
|
|
CWA
181
Clearview Wealth Advisors
Salem,
Oregon
| – | -$1.35K | -86 | Closed |
|
|
GWS
182
Glassman Wealth Services
Vienna,
Virginia
| – | -$393 | -25 | Closed |
|
|
FGAM
183
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$236 | -16 | Closed |
|
RGP Hedge Fund Activity: Q3 2023 in Review
162 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q3 2023, worth a combined $424M — down 4.3% from $443M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of RGP and 10 opened new positions — a net loss of 11 holders — while 55 trimmed existing stakes and 65 added.
The largest buyer was First Trust Advisors, adding an estimated $4.38M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $5.05M.
- 162 institutional investors held Resources Connection (RGP) as of Q3 2023, down from 174 in Q2 2023.
- Funds reported $424M of Resources Connection stock for Q3 2023, down 4.3% quarter-over-quarter.
- 10 funds opened new Resources Connection positions in Q3 2023 and 21 closed out, a net change of -11 holders.
- The largest Resources Connection buyer in Q3 2023 was First Trust Advisors, an estimated $4.38M added.
- The largest Resources Connection seller in Q3 2023 was Thrivent Financial for Lutherans, an estimated $5.05M sold.
Based on aggregated 13F filings for Q3 2023.