Range Resources
451 hedge funds and large institutions have $11B invested in Range Resources in 2014 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 181 increasing their positions, 165 reducing their positions, and 48 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 165
4% more call options, than puts
Call options by funds: $246M | Put options by funds: $236M
0.82% more ownership
Funds ownership: 95.47% → 96.29% (+0.82%)
6% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 48
2% less funds holding
Funds holding: 461 → 451 (-10)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
22% less capital invested
Capital invested by funds: $14B → $11B (-$3.01B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$190M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$109M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$94.2M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$67.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$66.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$286M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$232M |
| 3 |
Neuberger Berman Group
New York
|
-$186M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$162M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$123M |
RRC Hedge Fund Activity: Q3 2014 in Review
451 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q3 2014, worth a combined $11B — down 22% from $14B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of RRC and 45 opened new positions — a net loss of 3 holders — while 165 trimmed existing stakes and 181 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $190M. The largest seller was Winslow Capital Management, exiting entirely with an estimated $286M sold.
- 451 institutional investors held Range Resources (RRC) as of Q3 2014, down from 461 in Q2 2014.
- Funds reported $11B of Range Resources stock for Q3 2014, down 22% quarter-over-quarter.
- 45 funds opened new Range Resources positions in Q3 2014 and 48 closed out, a net change of -3 holders.
- The largest Range Resources buyer in Q3 2014 was T. Rowe Price Associates, an estimated $190M added.
- The largest Range Resources seller in Q3 2014 was Winslow Capital Management, an estimated $286M sold.
Based on aggregated 13F filings for Q3 2014.