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Resources Connection

139 hedge funds and large institutions have $322M invested in Resources Connection in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 55 increasing their positions, 34 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 34

43% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 14

9% more capital invested

Capital invested by funds: $296M → $322M (+$25.9M)

5% more funds holding

Funds holding: 133139 (+6)

0.27% less ownership

Funds ownership: 83.89%83.63% (-0.27%)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $471K

Holders
139
Holders Change
+6
Holders Change %
+4.51%
% of All Funds
2.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
55
Reduced
34
Closed
14
Calls
Puts
$471K
Net Calls
-$471K
Net Calls Change
-$16K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$57.7M +$130K +11,956 +0.2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$39.1M -$653K -60,255 -2%
RA
3
Royce & Associates
New York
$35M +$459K +42,343 +1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$30.6M +$201K +18,583 +0.7%
PCM
5
Palisade Capital Management
New Jersey
$17.4M +$73.2K +6,750 +0.5%
Invesco
6
Invesco
Georgia
$14.7M +$10.2M +943,380 +328%
State Street
7
State Street
Massachusetts
$14.3M -$376K -34,679 -3%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$8.42M +$17K +1,569 +0.2%
Northern Trust
9
Northern Trust
Illinois
$6.41M +$1.14M +104,806 +24%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$6.25M +$534K +49,278 +10%
Hotchkis & Wiley Capital Management
11
Hotchkis & Wiley Capital Management
California
$5.26M -$136K -12,590 -3%
Charles Schwab
12
Charles Schwab
California
$5.08M -$298K -27,518 -6%
CIM
13
Confluence Investment Management
Missouri
$4.12M -$73.9K -6,819 -2%
Renaissance Technologies
14
Renaissance Technologies
New York
$3.95M +$614K +56,642 +21%
UBS Group
15
UBS Group
Switzerland
$3.1M +$304K +28,084 +12%
New York State Common Retirement Fund
16
New York State Common Retirement Fund
New York
$3.06M
Principal Financial Group
17
Principal Financial Group
Iowa
$2.87M +$93.7K +8,641 +4%
HCM
18
Horrell Capital Management
Arkansas
$2.83M +$900K +83,000 +54%
Ameriprise
19
Ameriprise
Minnesota
$2.6M -$211K -19,467 -8%
Grantham, Mayo, Van Otterloo & Co (GMO)
20
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$2.48M -$30.3K -2,800 -1%
MAM
21
Martingale Asset Management
Massachusetts
$2.47M
DRZID
22
DePrince Race & Zollo Inc (DRZ)
Florida
$2.22M +$2.33K +215 +0.1%
N
23
Nuveen
North Carolina
$2.06M +$157K +14,492 +9%
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$2M -$32.5K -2,996 -2%
Goldman Sachs
25
Goldman Sachs
New York
$1.92M -$1.5M -138,061 -46%

RGP Hedge Fund Activity: Q2 2020 in Review

139 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q2 2020, worth a combined $322M — up 8.8% from $296M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new RGP positions and 14 closed out — a net gain of 6 holders — while 55 added to existing stakes and 34 trimmed.

The largest buyer was Invesco, adding an estimated $10.2M. The largest seller was River Road Asset Management, exiting entirely with an estimated $8.17M sold.

  • 139 institutional investors held Resources Connection (RGP) as of Q2 2020, up from 133 in Q1 2020.
  • Funds reported $322M of Resources Connection stock for Q2 2020, up 8.8% quarter-over-quarter.
  • 20 funds opened new Resources Connection positions in Q2 2020 and 14 closed out, a net change of +6 holders.
  • The largest Resources Connection buyer in Q2 2020 was Invesco, an estimated $10.2M added.
  • The largest Resources Connection seller in Q2 2020 was River Road Asset Management, an estimated $8.17M sold.

Based on aggregated 13F filings for Q2 2020.