Resources Connection
RGP
133 hedge funds and large institutions have $340M invested in Resources Connection in 2021 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 53 reducing their positions, and 19 closing their positions.
6% more capital invested
Capital invested by funds: $321M → $340M (+$18.9M)
1.48% less ownership
Funds ownership: 78.72% → 77.24% (-1.5%)
3% less funds holding
Funds holding: 137 → 133 (-4)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
21% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 53
96% less call options, than puts
Call options by funds: $77K | Put options by funds: $1.84M
Top Buyers
| 1 |
BlackRock
New York
|
+$4.65M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$4.12M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.41M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$1.81M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$1.57M |
Top Sellers
| 1 |
RA
Royce & Associates
New York
|
-$12.2M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.63M |
| 3 |
JP Morgan Chase
New York
|
-$1.88M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$1.81M |
| 5 |
Axa
Paris,
France
|
-$1.59M |
RGP Hedge Fund Activity: Q1 2021 in Review
133 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q1 2021, worth a combined $340M — up 5.9% from $321M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of RGP and 16 opened new positions — a net loss of 3 holders — while 53 trimmed existing stakes and 42 added.
The largest buyer was BlackRock, adding an estimated $4.65M. The largest seller was Royce & Associates, cutting an estimated $12.2M.
- 133 institutional investors held Resources Connection (RGP) as of Q1 2021, down from 137 in Q4 2020.
- Funds reported $340M of Resources Connection stock for Q1 2021, up 5.9% quarter-over-quarter.
- 16 funds opened new Resources Connection positions in Q1 2021 and 19 closed out, a net change of -3 holders.
- The largest Resources Connection buyer in Q1 2021 was BlackRock, an estimated $4.65M added.
- The largest Resources Connection seller in Q1 2021 was Royce & Associates, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2021.