Range Resources
382 hedge funds and large institutions have $5.69B invested in Range Resources in 2023 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 129 increasing their positions, 136 reducing their positions, and 60 closing their positions.
78% more call options, than puts
Call options by funds: $115M | Put options by funds: $64.2M
12% more capital invested
Capital invested by funds: $5.07B → $5.69B (+$618M)
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
1.51% more ownership
Funds ownership: 87.73% → 89.25% (+1.5%)
2% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 60
5% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 136
1% less funds holding
Funds holding: 386 → 382 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$72.6M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$70.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$58.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$57.8M |
| 5 |
ACG
Aventail Capital Group
New York
|
+$40M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$76.1M |
| 2 |
Millennium Management
New York
|
-$62.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$43.1M |
| 4 |
Holocene Advisors
New York
|
-$31M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$24.9M |
RRC Hedge Fund Activity: Q1 2023 in Review
382 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q1 2023, worth a combined $5.69B — up 12% from $5.07B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of RRC and 59 opened new positions — a net loss of 1 holder — while 136 trimmed existing stakes and 129 added.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $72.6M. The largest seller was Contrarius Investment Management, exiting entirely with an estimated $76.1M sold.
- 382 institutional investors held Range Resources (RRC) as of Q1 2023, down from 386 in Q4 2022.
- Funds reported $5.69B of Range Resources stock for Q1 2023, up 12% quarter-over-quarter.
- 59 funds opened new Range Resources positions in Q1 2023 and 60 closed out, a net change of -1 holder.
- The largest Range Resources buyer in Q1 2023 was T. Rowe Price Investment Management, an estimated $72.6M added.
- The largest Range Resources seller in Q1 2023 was Contrarius Investment Management, an estimated $76.1M sold.
Based on aggregated 13F filings for Q1 2023.