Range Resources
RRC
279 hedge funds and large institutions have $4.03B invested in Range Resources in 2021 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 73 increasing their positions, 96 reducing their positions, and 42 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
68% more capital invested
Capital invested by funds: $2.4B → $4.03B (+$1.63B)
43% more call options, than puts
Call options by funds: $58.5M | Put options by funds: $40.9M
19% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 42
2.85% more ownership
Funds ownership: 89.89% → 92.74% (+2.9%)
3% more funds holding
Funds holding: 272 → 279 (+7)
24% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$256M |
| 2 |
Goldman Sachs
New York
|
+$27.2M |
| 3 |
ACG
Aventail Capital Group
New York
|
+$15.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$12.2M |
| 5 |
Morgan Stanley
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$43.3M |
| 2 |
State Street
Boston,
Massachusetts
|
-$35.7M |
| 3 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$34.2M |
| 4 |
OPERF
Oregon Public Employees Retirement Fund
Tigard,
Oregon
|
-$32.8M |
| 5 |
AG
Arctis Global
San Juan,
Puerto Rico
|
-$17.3M |
RRC Hedge Fund Activity: Q2 2021 in Review
279 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q2 2021, worth a combined $4.03B — up 68% from $2.4B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new RRC positions and 42 closed out — a net gain of 8 holders — while 73 added to existing stakes and 96 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $256M. The largest seller was SailingStone Capital Partners, cutting an estimated $43.3M.
- 279 institutional investors held Range Resources (RRC) as of Q2 2021, up from 272 in Q1 2021.
- Funds reported $4.03B of Range Resources stock for Q2 2021, up 68% quarter-over-quarter.
- 50 funds opened new Range Resources positions in Q2 2021 and 42 closed out, a net change of +8 holders.
- The largest Range Resources buyer in Q2 2021 was Fidelity Investments, an estimated $256M added.
- The largest Range Resources seller in Q2 2021 was SailingStone Capital Partners, an estimated $43.3M sold.
Based on aggregated 13F filings for Q2 2021.