Range Resources
RRC
423 hedge funds and large institutions have $3.96B invested in Range Resources in 2018 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 161 increasing their positions, 141 reducing their positions, and 70 closing their positions.
84% more call options, than puts
Call options by funds: $116M | Put options by funds: $63.4M
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
14% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 141
13.43% more ownership
Funds ownership: 96.23% → 109.66% (+13%)
3% less capital invested
Capital invested by funds: $4.07B → $3.96B (-$110M)
4% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 70
2% less funds holding
Funds holding: 431 → 423 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$100M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$90.6M |
| 3 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$82.9M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$82.3M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$73.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
-$35.7M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$30.6M |
| 3 |
JP Morgan Chase
New York
|
-$22.5M |
| 4 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
-$21.1M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$18.4M |
RRC Hedge Fund Activity: Q1 2018 in Review
423 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q1 2018, worth a combined $3.96B — down 2.7% from $4.07B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of RRC and 67 opened new positions — a net loss of 3 holders — while 141 trimmed existing stakes and 161 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $100M. The largest seller was Marshall Wace North America, cutting an estimated $35.7M.
- 423 institutional investors held Range Resources (RRC) as of Q1 2018, down from 431 in Q4 2017.
- Funds reported $3.96B of Range Resources stock for Q1 2018, down 2.7% quarter-over-quarter.
- 67 funds opened new Range Resources positions in Q1 2018 and 70 closed out, a net change of -3 holders.
- The largest Range Resources buyer in Q1 2018 was Balyasny Asset Management, an estimated $100M added.
- The largest Range Resources seller in Q1 2018 was Marshall Wace North America, an estimated $35.7M sold.
Based on aggregated 13F filings for Q1 2018.