Resources Connection
RGP
142 hedge funds and large institutions have $360M invested in Resources Connection in 2021 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
7% more funds holding
Funds holding: 133 → 142 (+9)
6% more capital invested
Capital invested by funds: $340M → $360M (+$20.2M)
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.81% less ownership
Funds ownership: 77.24% → 76.43% (-0.81%)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $744K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$4.81M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.24M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$2.41M |
| 4 |
Goldman Sachs
New York
|
+$2.08M |
| 5 |
Morgan Stanley
New York
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$14.3M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$5.03M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$4.47M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.2M |
RGP Hedge Fund Activity: Q2 2021 in Review
142 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q2 2021, worth a combined $360M — up 5.9% from $340M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RGP positions and 10 closed out — a net gain of 9 holders — while 51 added to existing stakes and 48 trimmed.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $4.81M. The largest seller was Royce & Associates, cutting an estimated $14.3M.
- 142 institutional investors held Resources Connection (RGP) as of Q2 2021, up from 133 in Q1 2021.
- Funds reported $360M of Resources Connection stock for Q2 2021, up 5.9% quarter-over-quarter.
- 19 funds opened new Resources Connection positions in Q2 2021 and 10 closed out, a net change of +9 holders.
- The largest Resources Connection buyer in Q2 2021 was Heartland Advisors, an estimated $4.81M added.
- The largest Resources Connection seller in Q2 2021 was Royce & Associates, an estimated $14.3M sold.
Based on aggregated 13F filings for Q2 2021.