Resources Connection
RGP
176 hedge funds and large institutions have $482M invested in Resources Connection in 2022 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 63 reducing their positions, and 27 closing their positions.
438% more call options, than puts
Call options by funds: $156K | Put options by funds: $29K
6% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 63
4% less funds holding
Funds holding: 184 → 176 (-8)
7% less capital invested
Capital invested by funds: $518M → $482M (-$36.6M)
7.34% less ownership
Funds ownership: 85.01% → 77.67% (-7.3%)
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$6.49M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.37M |
| 3 |
BlackRock
New York
|
+$3M |
| 4 |
Goldman Sachs
New York
|
+$2.32M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.45M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.25M |
| 3 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$2.15M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.07M |
| 5 |
Millennium Management
New York
|
-$2.02M |
RGP Hedge Fund Activity: Q4 2022 in Review
176 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q4 2022, worth a combined $482M — down 7.1% from $518M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of RGP and 21 opened new positions — a net loss of 6 holders — while 63 trimmed existing stakes and 59 added.
The largest buyer was Royce & Associates, adding an estimated $6.49M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $4.45M sold.
- 176 institutional investors held Resources Connection (RGP) as of Q4 2022, down from 184 in Q3 2022.
- Funds reported $482M of Resources Connection stock for Q4 2022, down 7.1% quarter-over-quarter.
- 21 funds opened new Resources Connection positions in Q4 2022 and 27 closed out, a net change of -6 holders.
- The largest Resources Connection buyer in Q4 2022 was Royce & Associates, an estimated $6.49M added.
- The largest Resources Connection seller in Q4 2022 was Arrowstreet Capital, an estimated $4.45M sold.
Based on aggregated 13F filings for Q4 2022.