Resources Connection
RGP
109 hedge funds and large institutions have $510M invested in Resources Connection in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 50 reducing their positions, and 12 closing their positions.
271% more call options, than puts
Call options by funds: $52K | Put options by funds: $14K
4% more capital invested
Capital invested by funds: $491M → $510M (+$19.7M)
1% less funds holding
Funds holding: 110 → 109 (-1)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
28% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$10.6M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3.61M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$2.09M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.58M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$12.1M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$3.76M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.9M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.39M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.19M |
RGP Hedge Fund Activity: Q4 2013 in Review
109 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q4 2013, worth a combined $510M — up 4% from $491M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RGP and 11 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 36 added.
The largest buyer was Wells Fargo, adding an estimated $10.6M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $12.1M.
- 109 institutional investors held Resources Connection (RGP) as of Q4 2013, down from 110 in Q3 2013.
- Funds reported $510M of Resources Connection stock for Q4 2013, up 4% quarter-over-quarter.
- 11 funds opened new Resources Connection positions in Q4 2013 and 12 closed out, a net change of -1 holder.
- The largest Resources Connection buyer in Q4 2013 was Wells Fargo, an estimated $10.6M added.
- The largest Resources Connection seller in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2013.