Resources Connection
RGP
178 hedge funds and large institutions have $404M invested in Resources Connection in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 66 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
5% more funds holding
Funds holding: 170 → 178 (+8)
4.09% more ownership
Funds ownership: 87.57% → 91.66% (+4.1%)
3% less capital invested
Capital invested by funds: $418M → $404M (-$13.7M)
14% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 66
90% less call options, than puts
Call options by funds: $34K | Put options by funds: $357K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$18.3M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$3.91M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.71M |
| 4 |
CG
Circumference Group
Little Rock,
Arkansas
|
+$2.74M |
| 5 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$24.2M |
| 2 |
BlackRock
New York
|
-$1.99M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$1.38M |
| 4 |
Renaissance Technologies
New York
|
-$1.15M |
| 5 |
Two Sigma Investments
New York
|
-$974K |
RGP Hedge Fund Activity: Q1 2024 in Review
178 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q1 2024, worth a combined $404M — down 3.3% from $418M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new RGP positions and 20 closed out — a net gain of 9 holders — while 57 added to existing stakes and 66 trimmed.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $18.3M. The largest seller was First Trust Advisors, exiting entirely with an estimated $24.2M sold.
- 178 institutional investors held Resources Connection (RGP) as of Q1 2024, up from 170 in Q4 2023.
- Funds reported $404M of Resources Connection stock for Q1 2024, down 3.3% quarter-over-quarter.
- 29 funds opened new Resources Connection positions in Q1 2024 and 20 closed out, a net change of +9 holders.
- The largest Resources Connection buyer in Q1 2024 was Pacer Advisors, an estimated $18.3M added.
- The largest Resources Connection seller in Q1 2024 was First Trust Advisors, an estimated $24.2M sold.
Based on aggregated 13F filings for Q1 2024.