Resources Connection
RGP
174 hedge funds and large institutions have $443M invested in Resources Connection in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 61 increasing their positions, 71 reducing their positions, and 29 closing their positions.
295% more call options, than puts
Call options by funds: $249K | Put options by funds: $63K
1.17% less ownership
Funds ownership: 85.01% → 83.84% (-1.2%)
6% less funds holding
Funds holding: 186 → 174 (-12)
9% less capital invested
Capital invested by funds: $487M → $443M (-$44.2M)
14% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 71
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$7.91M |
| 2 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$3.45M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.87M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.64M |
| 5 |
RA
Royce & Associates
New York
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.53M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$4.29M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.83M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.68M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.65M |
RGP Hedge Fund Activity: Q2 2023 in Review
174 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q2 2023, worth a combined $443M — down 9.1% from $487M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of RGP and 18 opened new positions — a net loss of 11 holders — while 71 trimmed existing stakes and 61 added.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $7.91M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $5.53M.
- 174 institutional investors held Resources Connection (RGP) as of Q2 2023, down from 186 in Q1 2023.
- Funds reported $443M of Resources Connection stock for Q2 2023, down 9.1% quarter-over-quarter.
- 18 funds opened new Resources Connection positions in Q2 2023 and 29 closed out, a net change of -11 holders.
- The largest Resources Connection buyer in Q2 2023 was Pacer Advisors, an estimated $7.91M added.
- The largest Resources Connection seller in Q2 2023 was Thrivent Financial for Lutherans, an estimated $5.53M sold.
Based on aggregated 13F filings for Q2 2023.