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Resources Connection

132 hedge funds and large institutions have $425M invested in Resources Connection in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 52 increasing their positions, 44 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

18% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 44

2% more funds holding

Funds holding: 130132 (+2)

0.41% more ownership

Funds ownership: 80.96%81.37% (+0.41%)

1% less capital invested

Capital invested by funds: $431M → $425M (-$5.84M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $382K

Holders
132
Holders Change
+2
Holders Change %
+1.54%
% of All Funds
3.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
52
Reduced
44
Closed
12
Calls
Puts
$382K
Net Calls
-$382K
Net Calls Change
-$382K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$76.5M +$5.06M +309,676 +7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$51.1M +$1.23M +75,529 +3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$43M +$792K +48,455 +2%
RA
4
Royce & Associates
New York
$25.6M -$3.09M -189,300 -11%
Invesco
5
Invesco
Georgia
$23.7M +$205K +12,569 +0.9%
PCM
6
Palisade Capital Management
New Jersey
$19.7M +$526K +32,202 +3%
State Street
7
State Street
Massachusetts
$18.9M +$675K +41,291 +4%
RRAM
8
River Road Asset Management
Kentucky
$15M -$177K -10,849 -1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$10.6M +$344K +21,062 +3%
SI
10
Sapience Investments
California
$8.8M -$104K -6,350 -1%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$8.67M +$234K +14,299 +3%
Northern Trust
12
Northern Trust
Illinois
$6.65M +$137K +8,399 +2%
DRZID
13
DePrince Race & Zollo Inc (DRZ)
Florida
$6.36M +$23.2K +1,420 +0.4%
BIP
14
Brandes Investment Partners
California
$6.1M -$2.49M -152,208 -29%
Morgan Stanley
15
Morgan Stanley
New York
$5.84M +$203K +12,441 +4%
CIM
16
Confluence Investment Management
Missouri
$5.71M +$5.62M +344,175 New
GPGA
17
Grandeur Peak Global Advisors
Utah
$5.45M +$253K +15,484 +5%
Millennium Management
18
Millennium Management
New York
$4.34M -$577K -35,302 -12%
Principal Financial Group
19
Principal Financial Group
Iowa
$4.04M +$181K +11,061 +5%
New York State Common Retirement Fund
20
New York State Common Retirement Fund
New York
$3.73M +$168K +10,260 +5%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$3.48M +$965K +59,068 +39%
Axa
22
Axa
France
$3.23M
Ameriprise
23
Ameriprise
Minnesota
$2.86M -$344K -21,070 -11%
Charles Schwab
24
Charles Schwab
California
$2.82M +$160K +9,810 +6%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$2.8M +$162K +9,901 +6%

RGP Hedge Fund Activity: Q3 2018 in Review

132 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q3 2018, worth a combined $425M — down 1.4% from $431M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new RGP positions and 12 closed out — a net gain of 3 holders — while 52 added to existing stakes and 44 trimmed.

The largest buyer was Confluence Investment Management, opening a new position worth an estimated $5.62M. The largest seller was Royce & Associates, cutting an estimated $3.09M.

  • 132 institutional investors held Resources Connection (RGP) as of Q3 2018, up from 130 in Q2 2018.
  • Funds reported $425M of Resources Connection stock for Q3 2018, down 1.4% quarter-over-quarter.
  • 15 funds opened new Resources Connection positions in Q3 2018 and 12 closed out, a net change of +3 holders.
  • The largest Resources Connection buyer in Q3 2018 was Confluence Investment Management, an estimated $5.62M added.
  • The largest Resources Connection seller in Q3 2018 was Royce & Associates, an estimated $3.09M sold.

Based on aggregated 13F filings for Q3 2018.