Range Resources
RRC
421 hedge funds and large institutions have $7.73B invested in Range Resources in 2024 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 129 increasing their positions, 146 reducing their positions, and 50 closing their positions.
52% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 50
25% more call options, than puts
Call options by funds: $69.6M | Put options by funds: $55.8M
4% more funds holding
Funds holding: 403 → 421 (+18)
2.66% less ownership
Funds ownership: 97.78% → 95.12% (-2.7%)
5% less capital invested
Capital invested by funds: $8.14B → $7.73B (-$410M)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
12% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 146
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$83.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$38.7M |
| 3 |
Holocene Advisors
New York
|
+$32.3M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$29.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$122M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$95.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$42.2M |
| 4 |
State Street
Boston,
Massachusetts
|
-$37.6M |
| 5 |
D.E. Shaw & Co
New York
|
-$29.3M |
RRC Hedge Fund Activity: Q2 2024 in Review
421 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q2 2024, worth a combined $7.73B — down 5% from $8.14B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new RRC positions and 50 closed out — a net gain of 26 holders — while 129 added to existing stakes and 146 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $83.9M. The largest seller was Fidelity Investments, cutting an estimated $122M.
- 421 institutional investors held Range Resources (RRC) as of Q2 2024, up from 403 in Q1 2024.
- Funds reported $7.73B of Range Resources stock for Q2 2024, down 5% quarter-over-quarter.
- 76 funds opened new Range Resources positions in Q2 2024 and 50 closed out, a net change of +26 holders.
- The largest Range Resources buyer in Q2 2024 was William Blair Investment Management, an estimated $83.9M added.
- The largest Range Resources seller in Q2 2024 was Fidelity Investments, an estimated $122M sold.
Based on aggregated 13F filings for Q2 2024.