Range Resources
390 hedge funds and large institutions have $4.34B invested in Range Resources in 2018 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 118 increasing their positions, 152 reducing their positions, and 54 closing their positions.
222% more call options, than puts
Call options by funds: $250M | Put options by funds: $77.5M
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
2% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 54
0% less capital invested
Capital invested by funds: $4.36B → $4.34B (-$17.2M)
1% less funds holding
Funds holding: 392 → 390 (-2)
1.71% less ownership
Funds ownership: 104.48% → 102.78% (-1.7%)
22% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 152
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$53M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$45.8M |
| 3 |
D.E. Shaw & Co
New York
|
+$23.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$20.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$49.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$48.3M |
| 3 |
Millennium Management
New York
|
-$47.5M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$45.2M |
| 5 |
SIM
Stelliam Investment Management
New York
|
-$34.8M |
RRC Hedge Fund Activity: Q3 2018 in Review
390 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q3 2018, worth a combined $4.34B — down 0.39% from $4.36B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new RRC positions and 54 closed out — a net gain of 1 holder — while 118 added to existing stakes and 152 trimmed.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $53M. The largest seller was AQR Capital Management, cutting an estimated $49.6M.
- 390 institutional investors held Range Resources (RRC) as of Q3 2018, down from 392 in Q2 2018.
- Funds reported $4.34B of Range Resources stock for Q3 2018, down 0.39% quarter-over-quarter.
- 55 funds opened new Range Resources positions in Q3 2018 and 54 closed out, a net change of +1 holder.
- The largest Range Resources buyer in Q3 2018 was Encompass Capital Advisors, an estimated $53M added.
- The largest Range Resources seller in Q3 2018 was AQR Capital Management, an estimated $49.6M sold.
Based on aggregated 13F filings for Q3 2018.