Resources Connection
RGP
116 hedge funds and large institutions have $466M invested in Resources Connection in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 43 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
7% more funds holding
Funds holding: 108 → 116 (+8)
0% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 43
7% less capital invested
Capital invested by funds: $500M → $466M (-$33.6M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $15K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$11.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$7.77M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.53M |
| 4 |
RA
Royce & Associates
New York
|
+$2.15M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$26.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.57M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.98M |
| 4 |
IP
Interval Partners
New York
|
-$2.51M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.93M |
RGP Hedge Fund Activity: Q2 2014 in Review
116 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q2 2014, worth a combined $466M — down 6.7% from $500M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RGP positions and 7 closed out — a net gain of 8 holders — while 43 added to existing stakes and 43 trimmed.
The largest buyer was Norges Bank, adding an estimated $11.9M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $26.5M sold.
- 116 institutional investors held Resources Connection (RGP) as of Q2 2014, up from 108 in Q1 2014.
- Funds reported $466M of Resources Connection stock for Q2 2014, down 6.7% quarter-over-quarter.
- 15 funds opened new Resources Connection positions in Q2 2014 and 7 closed out, a net change of +8 holders.
- The largest Resources Connection buyer in Q2 2014 was Norges Bank, an estimated $11.9M added.
- The largest Resources Connection seller in Q2 2014 was Wasatch Advisors, an estimated $26.5M sold.
Based on aggregated 13F filings for Q2 2014.