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Resources Connection

186 hedge funds and large institutions have $487M invested in Resources Connection in 2023 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 60 increasing their positions, 63 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more call options, than puts

Call options by funds: $177K | Put options by funds: $90K

38% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 24

4% more funds holding

Funds holding: 178186 (+8)

1% more capital invested

Capital invested by funds: $482M → $487M (+$5.3M)

0% more ownership

Funds ownership: 85.01%85.01% (+0%)

5% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 63

Holders
186
Holders Change
+8
Holders Change %
+4.49%
% of All Funds
2.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
33
Increased
60
Reduced
63
Closed
24
Calls
$177K
Puts
$90K
Net Calls
+$87K
Net Calls Change
-$40K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$89.9M -$1.7M -96,680 -2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$44M +$1.84M +104,858 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$42.6M +$3.08M +175,522 +8%
RA
4
Royce & Associates
New York
$34M +$2.82M +160,564 +9%
State Street
5
State Street
Massachusetts
$23.8M +$298K +16,987 +1%
PCM
6
Palisade Capital Management
New Jersey
$23.5M +$1.15M +65,594 +5%
Thrivent Financial for Lutherans
7
Thrivent Financial for Lutherans
Minnesota
$12.1M -$1.48M -84,524 -11%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$10.9M +$514K +29,274 +5%
First Trust Advisors
9
First Trust Advisors
Illinois
$10.1M +$10.4M +594,012 New
Bank of New York Mellon
10
Bank of New York Mellon
New York
$9.38M -$235K -13,384 -2%
Charles Schwab
11
Charles Schwab
California
$8.53M -$6.6K -376 -0.1%
Hotchkis & Wiley Capital Management
12
Hotchkis & Wiley Capital Management
California
$7.8M +$1.28M +72,730 +19%
Invesco
13
Invesco
Georgia
$7.65M -$402K -22,884 -5%
Northern Trust
14
Northern Trust
Illinois
$6.86M -$135K -7,712 -2%
New York State Common Retirement Fund
15
New York State Common Retirement Fund
New York
$6.69M -$76.5K -4,361 -1%
Morgan Stanley
16
Morgan Stanley
New York
$6.59M -$3.28M -187,033 -33%
HCM
17
Horrell Capital Management
Arkansas
$6.41M
AQR Capital Management
18
AQR Capital Management
Connecticut
$4.92M +$1.73M +98,707 +52%
HIM
19
Hillsdale Investment Management
Ontario, Canada
$4.71M -$1.1M -62,939 -19%
Renaissance Technologies
20
Renaissance Technologies
New York
$4.66M -$583K -33,242 -11%
UBS Group
21
UBS Group
Switzerland
$4.32M +$155K +8,831 +4%
Allianz Asset Management
22
Allianz Asset Management
Germany
$4.19M -$2.39M -136,208 -36%
Goldman Sachs
23
Goldman Sachs
New York
$4.08M -$1.39M -79,264 -25%
Ameriprise
24
Ameriprise
Minnesota
$3.79M +$560K +31,890 +17%
N
25
Nuveen
North Carolina
$3.55M +$857K +48,813 +31%

RGP Hedge Fund Activity: Q1 2023 in Review

186 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q1 2023, worth a combined $487M — up 1.1% from $482M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new RGP positions and 24 closed out — a net gain of 9 holders — while 60 added to existing stakes and 63 trimmed.

The largest buyer was First Trust Advisors, opening a new position worth an estimated $10.4M. The largest seller was Sapience Investments, exiting entirely with an estimated $7.01M sold.

  • 186 institutional investors held Resources Connection (RGP) as of Q1 2023, up from 178 in Q4 2022.
  • Funds reported $487M of Resources Connection stock for Q1 2023, up 1.1% quarter-over-quarter.
  • 33 funds opened new Resources Connection positions in Q1 2023 and 24 closed out, a net change of +9 holders.
  • The largest Resources Connection buyer in Q1 2023 was First Trust Advisors, an estimated $10.4M added.
  • The largest Resources Connection seller in Q1 2023 was Sapience Investments, an estimated $7.01M sold.

Based on aggregated 13F filings for Q1 2023.