Resources Connection
RGP
171 hedge funds and large institutions have $280M invested in Resources Connection in 2024 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 64 increasing their positions, 66 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.67% less ownership
Funds ownership: 86.95% → 86.28% (-0.67%)
3% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 66
3% less funds holding
Funds holding: 177 → 171 (-6)
14% less capital invested
Capital invested by funds: $325M → $280M (-$44.5M)
19% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 31
91% less call options, than puts
Call options by funds: $18K | Put options by funds: $210K
Top Buyers
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.82M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.32M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$3.47M |
| 4 |
Millennium Management
New York
|
+$3.03M |
| 5 |
Walleye Capital
New York
|
+$2.02M |
Top Sellers
| 1 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$6.92M |
| 2 |
BlackRock
New York
|
-$3.83M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.82M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.73M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.67M |
RGP Hedge Fund Activity: Q3 2024 in Review
171 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Resources Connection (RGP) for Q3 2024, worth a combined $280M — down 14% from $325M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of RGP and 25 opened new positions — a net loss of 6 holders — while 66 trimmed existing stakes and 64 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $4.82M. The largest seller was Palisade Capital Management, cutting an estimated $6.92M.
- 171 institutional investors held Resources Connection (RGP) as of Q3 2024, down from 177 in Q2 2024.
- Funds reported $280M of Resources Connection stock for Q3 2024, down 14% quarter-over-quarter.
- 25 funds opened new Resources Connection positions in Q3 2024 and 31 closed out, a net change of -6 holders.
- The largest Resources Connection buyer in Q3 2024 was DePrince Race & Zollo Inc (DRZ), an estimated $4.82M added.
- The largest Resources Connection seller in Q3 2024 was Palisade Capital Management, an estimated $6.92M sold.
Based on aggregated 13F filings for Q3 2024.