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Resources Connection

148 hedge funds and large institutions have $532M invested in Resources Connection in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 56 increasing their positions, 50 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 11

12% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 50

8% more capital invested

Capital invested by funds: $494M → $532M (+$37.2M)

6% more funds holding

Funds holding: 139148 (+9)

69% less call options, than puts

Call options by funds: $269K | Put options by funds: $861K

Holders
148
Holders Change
+9
Holders Change %
+6.47%
% of All Funds
3.88%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
56
Reduced
50
Closed
11
Calls
$269K
Puts
$861K
Net Calls
-$592K
Net Calls Change
-$592K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$59.7M -$2.83M -161,568 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$45.1M +$845K +48,305 +2%
BFA
3
BlackRock Fund Advisors
California
$39.2M +$2.47M +141,409 +6%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$37M +$1.43M +81,505 +4%
HA
5
Heartland Advisors
Wisconsin
$33.4M -$5.43M -310,699 -13%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$32.8M +$1.77M +101,032 +5%
Wells Fargo
7
Wells Fargo
California
$30.3M -$1.22M -69,994 -4%
BIT
8
BlackRock Institutional Trust
California
$15.4M +$203K +11,602 +1%
State Street
9
State Street
Massachusetts
$14.4M +$121K +6,927 +0.8%
RA
10
Royce & Associates
New York
$12.4M -$5M -285,924 -27%
Northern Trust
11
Northern Trust
Illinois
$12.1M +$130K +7,448 +1%
HRCM
12
Hood River Capital Management
Florida
$10.8M +$705K +40,321 +7%
PCM
13
Palisade Capital Management
New Jersey
$10.5M +$426K +24,376 +4%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$8.97M -$713K -40,763 -7%
Norges Bank
15
Norges Bank
Norway
$8.55M
Massachusetts Financial Services
16
Massachusetts Financial Services
Massachusetts
$8.26M -$1.88M -107,678 -18%
GIP
17
Granite Investment Partners
California
$7.84M +$101K +5,748 +1%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$6.4M +$104K +5,970 +2%
PAM
19
Panagora Asset Management
Massachusetts
$6.22M +$1.3M +74,210 +24%
Renaissance Technologies
20
Renaissance Technologies
New York
$6.08M +$1.95M +111,259 +43%
GPGA
21
Grandeur Peak Global Advisors
Utah
$5.94M -$1.33M -75,925 -17%
QI
22
QS Investors
New York
$4.33M -$96.7K -5,532 -2%
JP Morgan Chase
23
JP Morgan Chase
New York
$4.23M -$238K -13,590 -5%
Ameriprise
24
Ameriprise
Minnesota
$4.15M -$93.9K -5,370 -2%
Principal Financial Group
25
Principal Financial Group
Iowa
$4.01M +$166K +9,485 +4%

RGP Hedge Fund Activity: Q4 2015 in Review

148 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q4 2015, worth a combined $532M — up 7.5% from $494M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new RGP positions and 11 closed out — a net gain of 10 holders — while 56 added to existing stakes and 50 trimmed.

The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $2.79M. The largest seller was TFS Capital, cutting an estimated $5.43M.

  • 148 institutional investors held Resources Connection (RGP) as of Q4 2015, up from 139 in Q3 2015.
  • Funds reported $532M of Resources Connection stock for Q4 2015, up 7.5% quarter-over-quarter.
  • 21 funds opened new Resources Connection positions in Q4 2015 and 11 closed out, a net change of +10 holders.
  • The largest Resources Connection buyer in Q4 2015 was Driehaus Capital Management, an estimated $2.79M added.
  • The largest Resources Connection seller in Q4 2015 was TFS Capital, an estimated $5.43M sold.

Based on aggregated 13F filings for Q4 2015.