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Resources Connection

142 hedge funds and large institutions have $301M invested in Resources Connection in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 46 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

2% more funds holding

Funds holding: 139142 (+3)

0% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 46

3.16% less ownership

Funds ownership: 83.63%80.46% (-3.2%)

6% less capital invested

Capital invested by funds: $322M → $301M (-$20.5M)

99% less call options, than puts

Call options by funds: $5K | Put options by funds: $391K

Holders
142
Holders Change
+3
Holders Change %
+2.16%
% of All Funds
2.87%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
46
Reduced
46
Closed
15
Calls
$5K
Puts
$391K
Net Calls
-$386K
Net Calls Change
+$85K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$56.4M +$759K +63,878 +1%
RA
2
Royce & Associates
New York
$34.1M +$272K +22,936 +0.8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$30.1M -$7.89M -664,443 -20%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$29.3M -$219K -18,413 -0.7%
PCM
5
Palisade Capital Management
New Jersey
$17.5M +$754K +63,521 +4%
Invesco
6
Invesco
Georgia
$14.6M +$381K +32,067 +3%
State Street
7
State Street
Massachusetts
$13.2M -$651K -54,817 -5%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$8.24M +$112K +9,436 +1%
Northern Trust
9
Northern Trust
Illinois
$5.96M -$228K -19,199 -4%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$5.91M -$124K -10,440 -2%
Charles Schwab
11
Charles Schwab
California
$4.85M -$52.6K -4,429 -1%
UBS Group
12
UBS Group
Switzerland
$4.37M +$1.41M +118,877 +46%
Renaissance Technologies
13
Renaissance Technologies
New York
$3.94M +$127K +10,700 +3%
CIM
14
Confluence Investment Management
Missouri
$3.9M -$84K -7,075 -2%
Hotchkis & Wiley Capital Management
15
Hotchkis & Wiley Capital Management
California
$3.77M -$1.33M -112,360 -26%
HCM
16
Horrell Capital Management
Arkansas
$3.07M +$356K +30,000 +13%
New York State Common Retirement Fund
17
New York State Common Retirement Fund
New York
$2.96M
Principal Financial Group
18
Principal Financial Group
Iowa
$2.77M +$8.02K +675 +0.3%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$2.57M +$1.62M +136,508 +158%
Grantham, Mayo, Van Otterloo & Co (GMO)
20
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$2.43M +$39.2K +3,300 +2%
Ameriprise
21
Ameriprise
Minnesota
$2.31M -$205K -17,252 -8%
N
22
Nuveen
North Carolina
$2.26M +$284K +23,890 +14%
DRZID
23
DePrince Race & Zollo Inc (DRZ)
Florida
$2.17M +$32.4K +2,725 +1%
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$1.64M -$300K -25,231 -15%
Acadian Asset Management
25
Acadian Asset Management
Massachusetts
$1.61M -$208K -17,489 -11%

RGP Hedge Fund Activity: Q3 2020 in Review

142 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q3 2020, worth a combined $301M — down 6.4% from $322M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new RGP positions and 15 closed out — a net gain of 4 holders — while 46 added to existing stakes and 46 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $1.62M. The largest seller was Vanguard Group, cutting an estimated $7.89M.

  • 142 institutional investors held Resources Connection (RGP) as of Q3 2020, up from 139 in Q2 2020.
  • Funds reported $301M of Resources Connection stock for Q3 2020, down 6.4% quarter-over-quarter.
  • 19 funds opened new Resources Connection positions in Q3 2020 and 15 closed out, a net change of +4 holders.
  • The largest Resources Connection buyer in Q3 2020 was Arrowstreet Capital, an estimated $1.62M added.
  • The largest Resources Connection seller in Q3 2020 was Vanguard Group, an estimated $7.89M sold.

Based on aggregated 13F filings for Q3 2020.