Resources Connection
RGP
122 hedge funds and large institutions have $391M invested in Resources Connection in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 47 reducing their positions, and 20 closing their positions.
14% more capital invested
Capital invested by funds: $342M → $391M (+$48.7M)
1.62% more ownership
Funds ownership: 82.38% → 84% (+1.6%)
4% less funds holding
Funds holding: 127 → 122 (-5)
19% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 47
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
55% less call options, than puts
Call options by funds: $155K | Put options by funds: $345K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$7.85M |
| 2 |
State Street
Boston,
Massachusetts
|
+$4.55M |
| 3 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$3.51M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$3.18M |
| 5 |
BlackRock
New York
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$2.07M |
| 2 |
RA
Royce & Associates
New York
|
-$1.86M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$1.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.57M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.19M |
RGP Hedge Fund Activity: Q4 2017 in Review
122 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q4 2017, worth a combined $391M — up 14% from $342M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of RGP and 15 opened new positions — a net loss of 5 holders — while 47 trimmed existing stakes and 38 added.
The largest buyer was Brandes Investment Partners, adding an estimated $7.85M. The largest seller was Credit Agricole, exiting entirely with an estimated $2.07M sold.
- 122 institutional investors held Resources Connection (RGP) as of Q4 2017, down from 127 in Q3 2017.
- Funds reported $391M of Resources Connection stock for Q4 2017, up 14% quarter-over-quarter.
- 15 funds opened new Resources Connection positions in Q4 2017 and 20 closed out, a net change of -5 holders.
- The largest Resources Connection buyer in Q4 2017 was Brandes Investment Partners, an estimated $7.85M added.
- The largest Resources Connection seller in Q4 2017 was Credit Agricole, an estimated $2.07M sold.
Based on aggregated 13F filings for Q4 2017.